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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Qatar has confirmed that seven people, including four of its military personnel and three Turkish nationals, were killed on Sunday (22 March) when a helicopter crashed in the country’s territorial waters.
Georgia bid farewell to Catholicos-Patriarch Ilia II on Sunday (22 March). He was considered one of the most influential spiritual leaders in the country’s modern history.
Palestinians have reported a surge in attacks by Israeli settlers on homes, vehicles, and residents across the West Bank, amid growing international criticism.
Belgium has marked the 10th-anniversary of the 2016 Brussels terror attacks, remembering the victims of the country’s deadliest peacetime attack and reflecting on changes to national security.
President Donald Trump said the U.S. was considering "winding down" its military operation against Iran, as Iran and Israel traded attacks on Saturday (21 March) and Iranian media said the nuclear enrichment facility in Natanz had been attacked.
U.S. President Donald Trump warned that American forces could target Iranian power plants if the strategic Strait of Hormuz remains closed, and Iran, in return, warned that any attack on its energy infrastructure would trigger strikes on regional facilities.
Slovenia heads to the polls on Sunday (22 March) in a closely contested race between incumbent Prime Minister Robert Golob and right-wing former Prime Minister Janez Janša.
Italy is voting on 22 and 23 March in a judicial reform referendum that could reshape the justice system and test Prime Minister Giorgia Meloni’s political strength ahead of the 2027 general election.
Iceland could reopen talks on joining the European Union after a 13-year pause, as shifting security concerns and renewed economic debate bring EU membership back to the centre of national politics.
Qatar has confirmed that seven people, including four of its military personnel and three Turkish nationals, were killed on Sunday (22 March) when a helicopter crashed in the country’s territorial waters.
Belgium has marked the 10th-anniversary of the 2016 Brussels terror attacks, remembering the victims of the country’s deadliest peacetime attack and reflecting on changes to national security.
A drone attack on a hospital in East Darfur, Sudan, has killed at least 64 people and injured 89 more, the World Health Organisation (WHO) reported on Saturday.
Cuba’s national power grid went down on Saturday, cutting electricity for millions, officials said. The outage marks the second nationwide blackout in a week and the third major grid failure in March.
A British nuclear-powered submarine armed with Tomahawk cruise missiles has reportedly taken up position in the Arabian Sea, the Daily Mail reported on Saturday (21 March). The deployment gives the UK the ability to carry out long-range strikes if tensions in the Gulf escalate.
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