LME to Suspend Deliveries of Nickel From Norilsk Finland Plant
- LME will accept no deliveries of Harjavalta nickel from Oct. 3
- Production from Harjavalta hadn’t been affected by sanctions
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The London Metal Exchange is suspending deliveries of nickel from a plant in Finland owned by Russia’s MMC Norilsk Nickel PJSC, whose products have continued to be deliverable despite western sanctions on Russian metal.
No new deliveries of nickel cathodes and briquettes from Norilsk’s Harjavalta plant will be allowed from Oct. 3, the LME said in two separate notices Wednesday.