Dec 22 (Reuters) - London copper prices hit a near two-week high on Wednesday bolstered by concerns over tight supply and renewed risk appetite despite looming uncertainty from surging COVID-19 cases due to the Omicron variant.

Three-month copper on the London Metal Exchange was up 0.5% to $9,578 a tonne as of 0830 GMT, after having touched $9,584, its highest since Dec. 10.

The most-traded February copper contract on the Shanghai Futures Exchange closed up 1% at 69,690 yuan ($10,938.11) a tonne.

"The market appears to be looking through any near-term impact on demand, to an eventual recovery," CRU analyst Craig Lang said.

"The market is more focused on the multi-year low visible stocks, as well as the green energy driven demand outlook and supply risks in Peru," Lang added.

On-warrant copper stocks in LME-registered warehouses were at 81,425 tonnes, up from a historic low of 14,150 tonnes hit in October, but far below recent peaks.

Stocks in Shanghai Futures Exchange (ShFE) warehouses were at 34,580 tonnes, the lowest since 2009, while inventories in Chinese bonded warehouses were at a record low of 160,500 tonnes.

Meanwhile, the dollar index crawled up 0.1%, capping further gains in copper, which is often seen as a gauge of global economic health.

FUNDAMENTALS

* LME aluminium hit a peak since Oct. 27 at $2,810 a tonne, and was last up 1.9% at $2,805.

* "The worries of the coal shortages are now history, and although there are some restrictions due to bad weather and pollution alerts, those are hitting alumina and other parts of the supply chain," Paul Adkins, managing director of aluminium consultancy AZ China, said in a note, adding that plant capacity was slowly restarting.

* LME nickel rose 0.4% to $19,700 a tonne, lead edged up 0.2% to $2,299.5 a tonne, tin fell 0.6% to $38,450 a tonne and zinc gained 1.4% to $3,478.5 a tonne.

* ShFE aluminium climbed 2.6% to 20,045 yuan a tonne, nickel rose 1.9% to 145,820 yuan a tonne, zinc was up 1.9% at 23,900 yuan a tonne, lead eased 0.3% to 15,480 yuan a tonne and tin gained 0.8% to 286,500 yuan a tonne.

* Peruvian Prime Minister Mirtha Vasquez strongly urged communities blocking a road used by MMG Ltd's Las Bambas copper mine to clear the route by midday on Wednesday, saying the blockade had created major problems for the country.

* China has the confidence, condition, and ability to keep economic growth at a reasonable level, a senior state planning official told the Xinhua News Agency.

* For the top stories in metals and other news, click or ($1 = 6.3713 Chinese yuan) (Reporting by Eileen Soreng in Bengaluru; editing by Shounak Dasgupta and Jason Neely)