The country accounts for more than a fifth of world demand for jewelry, bars and coins.

Price hit the lowest since November as weak steel demand prompted a production slowdown.

Marex reported record results for 2022 earlier this month.

There have been calls for reform to LME's nickel contract.

Greenhill & Co. achieved the top position in terms of value by advising on $3.4 billion worth of deals.

Shares in the world’s top two lithium producers are tanking after Chile said their contracts will not be renewed and prices for the battery metal continue to fall.

The LME has appointed John Williamson, currently a non-executive director, as interim chairman from the end of April.

The company said the proposal "fails to address Asante's near-term financing requirements."