Weekly review of LME base metals markets covering aluminium, copper, zinc, lead, nickel, and tin, analysing price action, spreads, warehouse stocks, cancelled warrants, and the macro and physical drivers behind trading activity during the week ending 3 July 2026.
For decades, nickel has been priced according to chemistry, purity and form. Increasingly, however, industrial buyers are asking a different question: how was it produced?
Emirates Global Aluminium has reported that restoration work at its Al Taweelah site is progressing ahead of schedule, with 89 of the plant's 1,262 reduction cells restarted as of today.
Weekly review of LME base metals markets covering aluminium, copper, zinc, lead, nickel, and tin, analysing price action, spreads, warehouse stocks, cancelled warrants, and the macro and physical drivers behind trading activity during the week ending 3 July 2026.
For decades, nickel has been priced according to chemistry, purity and form. Increasingly, however, industrial buyers are asking a different question: how was it produced?
Emirates Global Aluminium has reported that restoration work at its Al Taweelah site is progressing ahead of schedule, with 89 of the plant's 1,262 reduction cells restarted as of today.
Hydro's Slovalco aluminium plant in Slovakia has agreed terms with the Slovak government to restart 75,000 tonnes of primary aluminium production capacity, with output expected to begin in the fourth quarter of 2026.
Alcoa Corporation has agreed to acquire South32's entire aluminium value chain for an implied enterprise value of up to $5.6 billion in a deal that represents one of the largest consolidations in the global aluminium industry in years.
Weekly review of LME base metals markets covering aluminium, copper, zinc, lead, nickel, and tin, analysing price action, spreads, warehouse stocks, cancelled warrants, and the macro and physical drivers behind trading activity during the week ending 26 June 2026.
European Aluminium has called on the EU to introduce a targeted indirect ban on Russian aluminium in the bloc's next sanctions package.
The European Commission has pushed back its planned aluminium scrap export restrictions to September 2026, according to sector group European Aluminium, after missing an original spring 2026 target. The Commission has not publicly explained the delay.
Century Aluminum and Brimstone, a California-based innovator in alumina production, signed a memorandum of understanding aimed at establishing what would be the first fully domestic mine-to-metal aluminium supply chain in the United States.
Alcoa of Australia announced on June 23 it has locked in domestic gas supply through to 2030 after signing a new agreement with Woodside Energy covering 31.1 petajoules of natural gas from Woodside's Western Australian operations.
The copper concentrate market is entering a period of structural change, with persistent feedstock shortages and deeply negative TC/RCs exposing growing strains in the annual benchmark system.
Emirates Global Aluminium (EGA) has inaugurated the UAE's largest aluminium recycling plant at Al Taweelah, Abu Dhabi in a June 24 press release, marking a significant expansion of its low-carbon aluminium business.
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