The LME is undertaking a three-week discussion process to consider banning new deliveries of Russian supplies.

Contract agreement includes wage increases, bonuses and various benefits.

Project's initial expansion is expected to add 10,000 tonnes of low-carbon nickel and 13,000 tonnes of copper production per year.

Separately, Alcoa asked the London Metal Exchange to delist Russian aluminum.

Benchmark Mineral Intelligence says spot market pricing will feed through to long term contracts signed by automakers.

News that the US may target Russian aluminum in retaliation for attacks in Ukraine is sending shivers through the global metals market.

New research reveals demand for copper in the wire harness in light duty vehicles will grow to over 1.7 million annual tonnes by 2025.

More than 60% of the copper stored in London Metal Exchange (LME) warehouses at the end of September was produced in Russia.