LME back in the dock, this time over ‘dirty metals’


Two pressure groups, London Mining Network and Global Legal Action Network, accuse the LME of facilitating the sale of “dirty metals”, thereby breaching British anti-money laundering laws. — Reuters

JUST three months after winning its legal case over the handling of the 2022 nickel crisis, the London Metal Exchange (LME) is set for a return visit to London’s High Court.

Last time it was US hedge funds seeking damages for cancelled nickel trades. This time it’s environmental activists targeting Indonesian copper.

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