LME plans to suspend nickel brand of Nornickel’s Finnish plant from Oct 3

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The London Metal Exchange will suspend the listing of a nickel brand produced by a plant in Finland owned by Russian metals giant Nornickel, it said on Wednesday, without providing a reason for the suspension.

The LME, owned by Hong Kong Exchanges and Clearing, said in January it would suspend or delist 10% of its listed metals brands until their producers provided it with their responsible sourcing reports.

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