LME Sees Hong Kong Sheds Swelling to Hundreds of Thousands Tons

The London Metal Exchange is ready to expand its suite of approved warehouses in Hong Kong after licensing the first last year, according to Chief Executive Officer Matthew Chamberlain.

The world’s preeminent metals bourse is examining “how we can really open this up and hopefully get from tens of thousands of tons to hundreds of thousands of tons, which we know would be the natural demand here,” Chamberlain said in a speech at LME Asia Week in Hong Kong.