LONDON METAL EXCHANGE Mining News

AMT to become first LME ring trader as ferrous liquidity provider

Broker AMT has been appointed by the LME as a liquidity provider for its steel contracts, giving a boost to the market as the first ring trader in that role.

Zinc market enters period of peak tightness: Andy Home

Given the tightness in zinc metal availability, smelter supply currently trumps mine supply.

China's aluminium output drops as Shanghai price sinks: Andy Home

Chinese production dropped sharply last month, and unless the Shanghai market can break out of its downtrend, more smelter casualties seem likely.

Lead, the bull market no-one wants to buy into

Lead has all the hallmarks of a classic bull commodity story.

Blockchain tech coming to commodities, Masters tells LME

Blockchain facilitates the exchange of critical trade documents, bills of lading, letters of credit between connected users securely and confidentially.

LME to launch monthly 'implied pricing' for base metals

Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals —  copper, aluminum, zinc, lead, nickel and tin.

Sudden jump in zinc stocks threatens bull party: Andy Home

The London zinc price has been on a two-year romp, hitting a 10-year high of $3,595.50 a tonne last month.

Nickel rally stalls, electric car boost some years away

Slowing demand from China's stainless steel mills and rising supplies have halted a frenzied price rally and are likely to keep weighing on prices.

Australia's ANZ resigns membership of London Metal Exchange

The LME said in a notice to users that the resignation would be effective at the close of business on Nov. 24.

London Metal Exchange outlines waivers to new OTC fee

A consultation with users on the fee will start on Nov. 22 and end on Jan. 12 with a view to beginning charges from April 3, the LME said in a statement.

London Metal Exchange Week galvanised by electric dreams: Andy Home

This year, copper was shoved out of the London limelight by new hot metals such as lithium, cobalt and nickel.

London Metal Exchange in talks with online platforms

A source said the LME had made contact with established online venues Trayport and EBS, which are currently focused largely on energy and foreign exchange.

London Metal Exchange boss steps down after divisive year

Jones will leave his current position at the exchange and serve as an adviser until the end of this year, according to a statement from Hong Kong Exchanges & Clearing Ltd, which owns the London bourse.

Gold futures come back to the London Metal Exchange

The LME’s previous attempt at trading gold lasted only three years .

Structural problem forces London Metal Exchange to relocate

Traders are momentarily based at a windowless disaster-recovery site in Chelmsford, east of London.

Ex LME CEO to set up new metals trading platform for London

Martin Abbot says brokers are unhappy with the exchange's new fees as well as the sense that the LME is moving away from its traditional metals trading roots.

LME said in talks with banks to list gold contracts in London

The LME, the world’s biggest metals bourse, has said for years that it wants to expand into London’s gold market.

Platinum, palladium price-setting technology ‘optimum’ for gold: LME

The LME says its electronic solution for the platinum and palladium price — LMEbullion — could benefit gold bugs.

London Metal Exchange raises fees by a third

This is the first fee hike since Hong Kong Exchanges & Clearing Ltd. acquired LME for $2.2 billion in 2012.

London Metal Exchange traders fined for standing up

Following a 19th century tradition traders today must sit on the red leather sofas arranged in a 20-foot diameter inner ring.

VIDEO: Here's what goes on at the London Metal Exchange

The world's biggest and oldest metals market is getting a makeover under new CEO.

Position filled: New CEO for London Metal Exchange

Martin Pratt may replace Martin Abbott.

CEO of London Metal Exchange quits

Martin Abbott agreed to stay in his current position until the end of this year.

Chile, Codelco and the Copper Slump

I n early January 2009, Chilean President Michelle Bachelet announced a $4 billion plan to help Chile fight the global economic crisis and create as many as 100,000 jobs. The so-called "Anti-Crisis Plan" is based […]