Tag: LME base metals rally on strong price gains; inventories remain under pressure

Nickel tops LME gains on strong market sentiment MRN secures long-term bauxite expansion approve Base metals on the London Metal Exchange (LME) closed firmly higher on 11 May 2026, supported by strong gains across the complex, particularly in nickel and copper. Nickel emerged as the top gainer, rising 11.69% to $19,085/t, followed by copper, which…