LME warehousing reforms in doubt after court ruling

UK judge says exchange's consultation was 'unfair and unlawful'

Thursday 27 March 2014 at 09:25

The London Metal Exchange's planned overhaul to its warehousing system is in doubt after a UK judge ruled that its consultation process had been "unfair and unlawful".

The ruling was the result of a suit brought against the exchange by Russia's United Co. Rusal, the world's largest producer of aluminum.