The European Commission is weighing a proposal by the European Chemicals Agency that would classify lithium carbonate, chloride and hydroxide as dangerous for human health.
Possible sanctions on Russian metal, lawsuits, a battle to recover trust and a slump in nickel trading after the March fiasco are just some of the headwinds facing the LME.
Premiums of physical copper sales to China in 2023 are expected to rise to between $150 to $210 per tonne over the benchmark London Metal Exchange price.