The Latest Breaking News from London Metal Exchange

Questions for the London Metal Exchange to answer over nickel market chaos

City Comment: The FCA should investigate why the nickel market is closed

Evening Standard · Mar 15, 2022

Nickel Trading To Resume In London With Curbs on Wednesday After Week-Long Halt: Report

Nickel trading will resume on the London Metal Exchange on Wednesday following a week-long suspension due to a historic short squeeze, Bloomberg News reported on Monday, citing a notice.

Benzinga · Mar 15, 2022

How a billionaire's short bet on nickel shut down the London Metal Exchange

It was the stuff of a Hollywood film: A Chinese tycoon bet on a falling nickel price only to see it skyrocket 250 per cent.

ABC News · Mar 14, 2022

Russia Impact - London Metal Exchange Suspends Nickel Trading After 250% Price Spike

The London Metal Exchange (LME) halted Nickel trading on Tuesday after prices doubled to a record $100,000 per tonne, fuelled by a race to cover short positions after Western sanctions threatened supply from major producer Russia, 

Benzinga · Mar 8, 2022

London Metal Exchange halts nickel trading as war in Ukraine sparks ‘unprecedented’ price moves

Nickel briefly rose above $100,000 a ton this morning, more than doubling in what is the biggest price move in LME history

Evening Standard · Mar 8, 2022

Oil rallies as US and UK announce bans on Russian oil imports – business live

Rolling coverage of the latest economic and financial news

The Guardian - UK · Mar 8, 2022

4 Mining Stocks to Buy as Goldman Sachs Predicts Copper Prices are “Building Towards a Breakout”

Clean energy investment is driving a long-term positive outlook for copper. And as tensions ease between Russia and the West over Ukraine, copper prices climbed today on the London Metal Exchange (LME). With Goldman Sachs asserting that copper prices are “building toward a breakout,” we think mining stocks of BHP…

StockNews.com · Feb 16, 2022

The new gold? Head of historic London Metal Exchange quits to lead crypto start-up

London Metal Exchange chief Matthew Chamberlain will leave after five years leading the world’s biggest industrial metals market to run a blockchain-based asset custodian.

Evening Standard · Jan 21, 2022