https://www.miningweekly.com

Receive our free daily newsletter:

London Metal Exchange

The London Metal Exchange is the world's largest marketplace for trading industrial metals futures and options. Based in London, it provides price discovery and hedging facilities for a range of base and other metals including aluminium, copper, zinc, nickel, lead, tin and aluminium alloy. The exchange operates both open-outcry trading in its iconic Ring and electronic trading platforms, with contracts settled through physical delivery or cash. London Metal Exchange prices serve as global reference benchmarks for the metals industry, used by producers, consumers, traders and financial institutions to manage price risk and establish contract terms. The exchange is owned by Hong Kong Exchanges and Clearing, which acquired it in 2012. It regulates warehousing and storage through a network of approved facilities worldwide, and its warrant system underpins the physical delivery mechanism. The London Metal Exchange has been central to metals trading since its founding in 1877, evolving from informal meetings of metals merchants into a formal exchange. It remains a critical institution for global metals markets, providing liquidity and transparency across the supply chain.

London Metal Exchange News


Indonesia President Prabowo Subianto
Subianto's radical commodity export plan for Indonesia faces dueling visions
6th August 2026 By: Bloomberg

More than two months after President Prabowo Subianto unveiled plans to take control of Indonesia’s top commodity exports, the agency charged with carrying out the proposal is caught between... 


Stacks of zinc metal
Trafigura holding large amount of LME zinc as prices hit four-year high
3rd August 2026 By: Reuters

Commodity trading house Trafigura is one of the entities holding a large share of available zinc on the London Metal Exchange, two industry sources said, as prices of the metal used to galvanise... 


Copper smelting
Citi maintains bullish copper price targets on supply pressure
28th July 2026 By: Reuters

Citi maintained on Monday its bullish copper price targets through the end of the year, citing tighter physical markets and supply pressure in China. The bank held its $14 500 per metric ton zero-... 


Aluminium bar
LME aluminium stocks fall to lowest this century
27th July 2026 By: Reuters

Aluminium stocks on the London Metal Exchange have slumped to their lowest this century as supply constraints in the war-hit Middle East leave consumers drawing down inventories to secure metal.... 


Zinc/lead smelting
Glencore plans large LME lead withdrawals after stocks surge, sources say
23rd July 2026 By: Reuters

Commodity trader Glencore plans to withdraw 30 000 tons of lead from London Metal Exchange (LME) warehouses, two industry sources said, after inventories of the battery metal ballooned to record... 


Zinc metal
Zinc expected to retreat in 2026 as weak demand offsets supply fears
20th July 2026 By: Reuters

Zinc prices are expected to retreat from recent highs over the rest of the year as lacklustre demand offsets supply disruptions, analysts say. The metal used to galvanise steel is up more than 13%... 


Industries require reliable power, while developing the energy industry can create local demand
Africa needs power to accelerate industrialisation
16th July 2026 By: Schalk Burger

Power in Africa is not only an issue of infrastructure, but also an economic issue because industry requires reliable, affordable and sustainable energy. Industrial competitiveness is impossible... 


A generic image of lithium rocks
Lithium Africa seeks to strengthen governance with director nominations
14th July 2026 By: Lumkile Nkomfe

Mineral exploration company Lithium Africa has proposed the nomination of John Kanellitsas and Ernie Ortiz as directors, ahead of the company’s upcoming AGM to be held on August 21. The company has... 


Hydro employee at aluminium smelting operation
Aluminium supply shock revives long-idled Western smelters, Reuters says
10th July 2026 By: Reuters

The supply shock caused by the Iran war is sparking old Western aluminium smelters back into life. In the US, Magnitude 7 Metals is reactivating the New Madrid smelter in Missouri. 


Aluminium
Japan Q3 aluminium premiums soar to highest since 2015 on Mideast supply squeeze
8th July 2026 By: Reuters

Japanese aluminium buyers agreed to pay premiums of $395 a ton for shipments between July and September, the highest since 2015, as the US-Israeli war on Iran squeezed supply, five sources involved... 


Molten copper being cast
Copper braces for another round of US tariff roulette, Reuters says
28th May 2026 By: Reuters

Another round of tariff impacts are in store for copper, a Reuters columnist reports, as the deadline for a US decision on whether to impose tariffs on refined copper imports looms at the end of... 


Aluminium bars
Warning lights flash as aluminium reels from Gulf shock
25th May 2026 By: Reuters

The Iran war is shaping up to be one of the biggest supply shocks in the history of the aluminium market. Gulf production of the metal, which is used across sectors as diverse as transport,... 


Blocks of copper
Copper climbs toward record high as global supply tightens
13th May 2026 By: Bloomberg

Copper extended gains above $14 000/t, inching toward a record high seen earlier this year, as supply risks mount on mine disruptions around the world. The red metal rallied for an eighth session... 


Aluminium blocks
CRU sees aluminium prices above $4 000/t due to Iran war
12th May 2026 By: Reuters

Aluminium prices are expected to be above $4 000 per metric ton between the third quarter of 2026 and the second quarter of 2027 due to a market deficit caused mainly by the Iran war, an analyst... 


Piles of critical minerals
Need for hedging could spur new derivatives for niche critical minerals, Traxys CEO says
23rd April 2026 By: Reuters

Derivative contracts for niche critical minerals including rhenium could emerge over time as supply concerns and price volatility push industrial users to seek better hedging tools, said Mark... 


Copper sheets
Copper to hit $15 000/t within three years - Traxys CEO
22nd April 2026 By: Reuters

Copper prices may not move higher this year, but will probably hit a record $15 000/t within three years, the head of trading firm Traxys said on April 22. "I think we'll see higher copper and... 


Aluminium
LME at record high on aluminum 'black hole' fear
17th April 2026 By: Bloomberg

Industrial metals have jumped to a record high on the London Metal Exchange (LME), driven gains in aluminum after the Middle East war disrupted supplies, as well as a recent revival in copper. The... 


Alcoa aluminium smelter
Aluminium market headed for 'unprecedented crisis' warns WoodMac
16th April 2026 By: Reuters

The Iran war is triggering an unprecedented crisis in the global aluminium market with potentially devastating knock-on effects across sectors as diverse as construction, packaging, transport and... 


Aluminium hits highest since 2022 as Alba declares force majeure
Aluminium hits highest since 2022 as Alba declares force majeure
5th March 2026 By: Bloomberg

Aluminum prices surged to the highest since 2022 after Aluminium Bahrain suspended deliveries of metal to some customers under so-called force majeure clauses in its supply contracts. The company,... 


Taseko announces first cathode harvest at Florence Copper
Taseko announces first cathode harvest at Florence Copper
3rd March 2026 By: Sabrina Jardim

Midtier mining company Taseko Mines’ Florence Copper operation in Arizona, in the US, has harvested the first copper cathodes from its recently completed commercial production facility. In late... 


1
2 3

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







pqt: 0.198s - ct: 0.257s - 277pq - 2rq
Subscribe Now