"For the avoidance of doubt, this means that all Rusal metal can be placed (in LME-approved facilities) on warrant," the exchange said in a notice to members, warehouse companies and their London agents.
(Reporting by Tom Daly)
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
2.55 HKD | -0.78% | 0.00% | -5.56% |
Apr. 22 | Potanin's Interros calls Rusal claims about Nornickel asset sales 'unfounded' | RE |
Apr. 17 | Russia is in close contact with metals industry after sanctions, Kremlin says | RE |
BEIJING (Reuters) - The London Metal Exchange (LME) said on Monday it had lifted a temporary suspension, with immediate effect, on storing metal produced by aluminium producer Rusal in LME-approved warehouses, after the United States formally lifted sanctions against the Russian firm.
"For the avoidance of doubt, this means that all Rusal metal can be placed (in LME-approved facilities) on warrant," the exchange said in a notice to members, warehouse companies and their London agents.
(Reporting by Tom Daly)
1st Jan change | Capi. | |
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-5.56% | 4.98B | |
+62.44% | 11.73B | |
+11.85% | 9.27B | |
+10.54% | 5.25B | |
+11.35% | 4.79B | |
+2.21% | 2.19B | |
+44.56% | 1.63B | |
+25.90% | 1.42B | |
+25.22% | 1.18B | |
+1.12% | 1.13B |