Russia is a major producer of aluminium and nickel. These metals and the companies that produce them have not been targeted by sanctions. A significant portion of the market is still planning to buy Russian metal in 2023. Hence, LME won’t ban Russian metal from being traded and stored in its system.
Lees meer via:
Reuters.com | LME will not ban Russian metal its system
Reuters.com | Bussiness groups say bans Russian aluminium will decimate European industry