The London Metal Exchange’s demand for details of private deals between its members and their clients marks a line in the sand by chief Matthew Chamberlain.
Aluminium inventories in London Metal Exchange warehouses, already at their lowest in nearly 17 years, are likely to fall further as more metal leaves the LME system and heads for Europe, where supplies are scarce.
Awarded by Australian Resources Industry Skills and Education and supported by BHP, funding is aimed at addressing a shortage of engineers in the resources sector by attracting promising students.
The agreement to back the plant being developed by startup Green Lithium brings the world’s top independent commodities trader into a market struggling to create new supply.
