TIMELINE – LME’s nickel crisis: major developments since trading halt

IXM, the former metals trading unit of Louis Dreyfus Co., is one of the largest merchants of refined metal and ores.

It's clear the LME isn't going to be rushed into any decision on whether to continue accepting Russian metal against its contracts, writes Andy Home.

The planned suspension will allow the company to improve emissions and operational performance.

Prices surged almost 9% on Monday.

"It's clear we will have lower demand and potentially lower prices into the latter part of this year," says Bank of America.

Keliber aims to be the first fully-integrated lithium producer in Europe, targeting first production in 2024.

Lithium demand is forecast to almost triple by mid-decade from last year’s level, BloombergNEF said in a July report.

As the UK currency slid to an all-time low early Monday, bullion priced in pounds climbed close to a record.

A crisis of confidence in the outlook for the UK’s finances was the latest trigger for risk aversion, helping drag the S&P 500 Index to an almost two-year low.