Share of Russian aluminium in LME warehouses falls in June as Indian metal rises. Russian-origin aluminium made up 66 % of available London Metal Exchange (LME) inventories in June, down three points from May, while Indian metal climbed to 34 %, the exchange’s latest data show.
The LME figures, released on Thursday, put Russian aluminium on warrant at 221,875 metric tonnes, little changed month on month despite the percentage fall. By contrast, stocks of India-made aluminium grew to 114,150 tonnes from 97,950 tonnes.
Metal produced in Russia after 13 April 2024 is barred from LME warehouses under U.S. and British sanctions over Moscow’s 2022 invasion of Ukraine, but material made earlier may still be traded.
Russian copper’s share of available LME stocks slipped to 53 % in June from 54 %, with volumes narrowing to 31,225 tonnes from 39,350.
China-made copper accounted for 42 %, its tonnage dropping to 24,900 tonnes from 30,825.
For nickel, Chinese-origin metal represented 63 % of available stocks at the end of June, up from 59 % in May, the data showed.
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U.S. Vice President JD Vance has arrived in Armenia, marking the first time a sitting U.S. vice president or president has visited the country, as Washington seeks to deepen engagement in the South Caucasus and advance a U.S.-brokered peace process between Armenia and Azerbaijan.
Pressure is mounting on UK Prime Minister Keir Starmer amid resignations and a row over Peter Mandelson, a powerful figure in the ruling Labour Party. The episode has raised doubts about Starmer’s authority and how firmly his own party continues to back him.
Chinese authorities have quietly signalled a shift in strategy, instructing some state-owned banks to rein in their purchases of U.S. government bonds.
Convicted Epstein associate Ghislaine Maxwell refused to answer questions before Congress, while her lawyer said she could clear President Donald Trump of wrongdoing if granted clemency.
U.S. President Donald Trump has criticised American freestyle skier Hunter Hess after the athlete said he felt conflicted about representing the United States at the Winter Olympics in Italy, sparking a public clash that highlights growing political tensions surrounding the Games.
U.S. skiing great Lindsey Vonn underwent surgery in an Italian hospital on Sunday after her attempt to win Olympic downhill gold ended in a violent crash just seconds into the race at the Milano Cortina Winter Games.
Several avalanches struck northern Italy on Saturday, killing at least three people, as rescue officials warned the death toll could rise with unstable conditions persisting across the Alps.
U.S. President Donald Trump’s Middle East envoy Steve Witkoff and Trump’s son-in-law Jared Kushner visited the USS Abraham Lincoln aircraft carrier in the Arabian Sea on Saturday after completing a round of talks with Iran.
Russian forces attacked Ukraine’s energy infrastructure overnight on Saturday, marking the second such strike in less than a week, according to Ukrainian authorities.
Pressure is mounting on UK Prime Minister Keir Starmer amid resignations and a row over Peter Mandelson, a powerful figure in the ruling Labour Party. The episode has raised doubts about Starmer’s authority and how firmly his own party continues to back him.
Chinese authorities have quietly signalled a shift in strategy, instructing some state-owned banks to rein in their purchases of U.S. government bonds.
Convicted Epstein associate Ghislaine Maxwell refused to answer questions before Congress, while her lawyer said she could clear President Donald Trump of wrongdoing if granted clemency.
Pakistan’s President Asif Ali Zardari has accused Afghanistan’s authorities of fostering conditions “similar to or worse than pre-9/11”, as tensions between the two neighbours intensify amid a surge in militant attacks inside Pakistan.
Scottish Labour leader Anas Sarwar has called on Prime Minister Keir Starmer to step down, saying that “the distraction needs to end and the leadership in Downing Street has to change.”
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