Port Klang emerging as a major LME warehousing hub


Port Klang held 1.01 million tonnes of registered metal at the end of July, 43% of the total inventory in the exchange's global delivery network. (File pic shows Aluminium storage at Port Klang. - Reuters)

LONDON: The London Metal Exchange (LME) last week approved the listing of two new storage units in Port Klang, confirming the Malyasian port's rapid emergence as a major LME warehousing hub.

Port Klang held 1.01 million tonnes of registered metal at the end of July, 43% of the total inventory in the exchange's global delivery network.

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Port Klang , LME , warehouse , hub , aluminium

   

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