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LME Steel Scrap contract sees first voice-brokered trade

The new additions to the LME’s ferrous suite – LME Steel Scrap and LME Steel Rebar – have seen considerable support from the market since their launch in November 2015.

Thursday, May 12, 2016

Mitsubishi to Sell Whole Shares in Weda Baby Nickel Project to Eramet

On April 25, Mitsubishi Corporation announced that it would sell a 30.0% shareholding owned by the Company in Strand Minerals Pte Ltd. to Eramet S.A.

Monday, May 9, 2016

LME and LME Clear Boards Appoint New Independent Director

The Boards of the London Metal Exchange (LME) and LME Clear are pleased to announce the appointment of Antony Stuart as an independent non-executive director.

Wednesday, May 4, 2016

Western Areas Raises SPP Cap

Nickel miner Western Areas on Tuesday increased the cap of its planned share purchase plan (SPP) from A$10-million to A$15-million after applications for the SPP exceeded A$20-million.

Tuesday, May 3, 2016

LME Announces Launch of LME Shield - First Warehouse Receipt Issued

The London Metal Exchange (LME) today announces the successful launch of LMEshield, the new electronic warehouse receipt system for the global commodities market. The first receipt was issued by Henry Bath & Son Ltd on behalf of BNP Paribas Arbitrage SNC.

Friday, April 29, 2016

Gonzalo Cuadra to chair LME User Committee

“The User Committee is an integral and unique part of the way the LME operates,” says Garry Jones, LME CEO. “It acts as a sounding board on LME services for the Exchange’s users, and advises the LME on strategic issues.”

Tuesday, April 26, 2016

U.S. Export Vlolume of Nickel Scrap in February 2016

According to the statistics released by the U. S. Department of Commerce, the export result of nickel scrap in February 2016 was 2,549 tons,

Thursday, April 21, 2016

Australian nickel refinery workers sacked without entitlements

Hundreds of workers retrenched at Queensland Nickel’s (QN) Yaulu refinery remain in limbo, without jobs or entitlements, despite schemes being proposed by the owner, mining magnate Clive Palmer, and an investment group to eventually reopen the facility.

Wednesday, March 23, 2016
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