The London Metal Exchange (LME) is facing an aluminum liquidity crisis after traders exploited a loophole in new UK sanctions on Russian metal. The sanctions caused a surge in aluminum prices and a drop in available metal on the LME.
Tag:
sanctions
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Western sanctions targeting new supplies of Russian metals have sent shockwaves through global markets, sparking volatility and reigniting debate over the role…
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Russian investors are set to take over the country’s most valuable tech asset and major mining operations in deals worth around $9…
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Polymetal International, one of the world’s largest gold producers, has agreed to sell its Russian operations to a local rival for about…
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Nornickel, the world’s largest producer of palladium and a major supplier of refined nickel, has reported a sharp decline in its output…