Metal

LME Futures and Options Volumes Reach 10-Year High in Q2 2023

The London Metal Exchange (LME) announced that its futures and options trading volumes reached a 10-year high in the second quarter of 2023. The exchange’s average daily volumes jumped 27% compared to the same period last year. This surge in trading activity on the LME, which is the world’s largest market for industrial metals, reflects […]

Liontown Secures $250M Funding and Lithium Supply Extension with LG Energy

Australian lithium developer Liontown Resources has announced a significant deal with South Korean electric vehicle battery maker LG Energy Solution (LGES). The deal includes $250 million in funding through a five-year convertible note, as well as a 10-year extension to Liontown’s existing lithium supply agreement from its flagship Kathleen Valley operations. The $250 million in […]

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