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.
Senior representatives from the U.S., Egypt, Qatar and Türkiye have held talks in Miami to assess progress on the Gaza ceasefire and lay the groundwo...
A major power outage swept across San Francisco on Saturday, leaving up to 130,000 customers without electricity, disrupting traffic and forcing some ...
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Senior representatives from the U.S., Egypt, Qatar and Türkiye have held talks in Miami to assess progress on the Gaza ceasefire and lay the groundwork for its next phase, according to a statement issued by U.S. envoy Steve Witkoff.
Swedish customs officials have boarded a Russian freighter anchored in Swedish waters after confirming that the vessel and its owners are subject to European Union and U.S. sanctions.
Senior officials and media leaders from Turkic states have met in Ankara to strengthen cooperation against disinformation and deepen coordination in the information sphere.
Japan and five Central Asian nations have unveiled a range of initiatives aimed at strengthening critical minerals supply chains and fostering broader regional cooperation, following their first summit in Tokyo on Saturday.
The death toll from Hong Kong’s deadliest fire in decades has risen to 161, after forensic analysis confirmed one more victim among the charred remains at Wang Fuk Court in Tai Po, more than three weeks after the blaze began, authorities said on Saturday.
Israeli Prime Minister Benjamin Netanyahu is set to meet President Donald Trump on 29 December in Florida, where he is expected to present a package of military options regarding Iran, Israel’s public broadcaster KAN reported on Saturday.
US intelligence assessments indicate that Russian President Vladimir Putin continues to seek full control of Ukraine and to expand Russia’s influence in parts of Europe formerly under Soviet rule, contradicting repeated claims that Moscow poses no threat to the continent.
The United States has proposed a potential new format for peace talks between Ukraine and Russia, which could include American and European representatives, Ukrainian President Volodymyr Zelenskyy said on Saturday, December 20.
The United States seized a second merchant vessel carrying oil off the coast of Venezuela in international waters on Saturday, as part of Washington’s sanctions enforcement campaign, according to the Department of Homeland Security.
A major power outage swept across San Francisco on Saturday, leaving up to 130,000 customers without electricity, disrupting traffic and forcing some businesses to close temporarily, officials said.
U.S. Director of National Intelligence Tulsi Gabbard said on Sunday that the U.S. intelligence community does not believe Russia has the capability to conquer Europe, or even to conquer and occupy Ukraine.
Swedish customs officials have boarded a Russian freighter anchored in Swedish waters after confirming that the vessel and its owners are subject to European Union and U.S. sanctions.
Senior officials and media leaders from Turkic states have met in Ankara to strengthen cooperation against disinformation and deepen coordination in the information sphere.
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