The HKEx-owned exchange faces a challenge from Rusal over its warehouse reforms
The London Metal Exchange (LME)
faces on Wednesday the first judicial review of the
exchange’s reforms to its warehouse arrangements,
marking a challenge that could see the LME delay its plan,
writes Joe Parsons.
The LME is a defendant in a
judicial review at London’s High Court to settle a
challenge by United Rusal, the world’s largest
aluminium provider, to the LME’s planned reforms
of delivery rates at its warehouses announced in November last
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