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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


Copper plates
High copper prices support miners in Chile, but investments dent gains
25th September 2026 By: Reuters

Despite strong copper prices, growing investment demands are offsetting much of the gains posted by mining companies in Chile, Moody's said in a report on Thursday. Chile, the world's largest... 


Nickel mine in Indonesia
Indonesia's nickel production curbs leave market unconvinced
23rd September 2026 By: Reuters

Indonesia is learning that building a dominant position in the nickel market is the easy part. Leveraging its influence over supply to control prices is proving much trickier. The Southeast Asian... 


Nickel mining in Indonesia
Indonesia nickel hub to cut production on El Niño-driven drought
22nd September 2026 By: Bloomberg

Smelters at a major Indonesian nickel-processing hub will be forced to cut output as an El Niño-driven drought reduces the supply of water used to cool and protect equipment, according to people... 


Newmont's Boddington mine
Australian gold output inches higher by four tonnes year-on-year
21st September 2026 By: Marleny Arnoldi

Australian gold production continues to average 300 t/y, or nine-million ounces a year, says consultancy Surbiton Associates. The firm finds that gold production in the region totalled 303 t, or... 


Gold on trolley being pushed
Hong Kong sets out global gold hub as driver for commodities, yuan
16th September 2026 By: Bloomberg

Hong Kong’s plan to build a global gold hub will provide “an entry point” for trading other commodities and expanding the yuan’s usage on world markets, according to its first-ever five year plan.... 


Tin ore
BMI raises tin price forecast amid steady demand for semiconductors
14th September 2026 By: Lumkile Nkomfe

BMI, a Fitch Solutions company, has revised its yearly average tin price forecast for this year to $51 000/t, from $49 000/t previously, as prices remain high since the start of the surge in AI... 


Aluminium
Cutting Canada tariffs alone won't flatten US aluminium premium, Alcoa says
11th September 2026 By: Reuters

The steep premium paid for aluminium in the US will not drop significantly even if Washington halves the tariffs on metal from neighboring Canada, because imports from other countries will still be... 


Copper ore
US copper price premium sinks on report that tariff plan stalls
10th September 2026 By: Reuters

LONDON - The premium paid to ship copper to the US fell sharply on Thursday after Reuters reported that Washington's plans to impose a tariff on imports of the metal had stalled. With copper... 


Aluminium
Capped at home, China extends its aluminium dominance abroad, Reuters says
9th September 2026 By: Reuters

China's aluminium smelters have been running red hot this year. The Shanghai aluminium price is nudging three-month highs, raw material costs are historically low and margins are strong. Every... 


Molten copper
Copper set to test $15 000 as investors await US data, tariff clarity
8th September 2026 By: Reuters

Copper prices could break through $15 000 for the first time as soon as this week, analysts said on Tuesday, as investors position for another round of US economic data and President Donald Trump... 


Copper cathodes on a train
US imports more Congo copper as consumer acceptance grows
7th September 2026 By: Reuters

US buyers are increasingly turning to copper from the Democratic Republic of Congo, helping drive record imports from the African producer as industrial consumers capitalise on discounts to... 


Tartana Minerals exploration area in Australia
Australian explorer Tartana launches widescale company review after failed exploration execution
4th September 2026 By: Marleny Arnoldi

ASX-listed Tartana Minerals has launched a wide-ranging corporate and strategic review covering operations, financial position, corporate governance and its tenement portfolio, following an... 


Magazine cover image
Assurance body on growing pressure for full metals supply-chain transparency
4th September 2026 By: Lumkile Nkomfe

As the global energy transition gathers pace and geopolitical uncertainty reshapes international trade, mining and metals companies are facing growing pressure to demonstrate not only how metals... 


Magazine cover image
Assurance body on growing pressure for full metals supply-chain transparency
4th September 2026 By: Lumkile Nkomfe

As the global energy transition gathers pace and geopolitical uncertainty reshapes international trade, mining and metals companies are facing growing pressure to demonstrate not only how metals... 


Zinc ingots
Zinc hits four-year peak on supply fears and speculators
21st August 2026 By: Reuters

Prices of zinc in London hit their highest in more than four years on Friday as the accumulation of stocks in China, the world's biggest metals consumer, drove concerns about shortages elsewhere,... 


Bandeira project area
Lithium Ionic adds lithium stalwart Ortega to board
21st August 2026 By: Marleny Arnoldi

TSX-V-listed Lithium Ionic has appointed two new independent directors John Turner and Ernie Ortiz Ortega. The company says these appointments strengthen the board's governance, legal, mining... 


Copper Cities site
MIT-spinout SiTration, BHP start trialling copper recovery from legacy mine water
21st August 2026 By: Marleny Arnoldi

Further to Massachusetts Institute of Technology spinout SiTration and global miner BHP's initiative to trial valorisation technology in the historic Globe-Miami mining district of Arizona, the... 


An image of copper
BMI expects metals complex performance to remain strong
14th August 2026 By: Tasneem Bulbulia

The metals complex has remained well-supported so far this month, extending the upward momentum from late June, BMI, a Fitch Solutions company, points out. It explains that this is underpinned by a... 


Aluminium
Aluminium on thin ice as LME stocks hit 36-year low, Reuters says
14th August 2026 By: Reuters

London Metal Exchange (LME) stocks of aluminium have slumped to their lowest level since 1990, attesting to the supply-chain dislocation caused by the Iran war. Gulf production of primary... 


Nickel
Indonesian nickel miner group says 2026 production quota additions to be granted selectively
13th August 2026 By: Reuters

The Indonesian government will grant additional nickel ore production quotas selectively and only to smelters that are running low on raw materials, an industry association said on Thursday, as the... 


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pqt: 0.083s - ct: 0.135s - 275pq - 2rq
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