Tag: LME nickel slides 6% on Indonesia RKAB expansion fears

LME nickel declines w-o-w to $16,740/t Final RKAB approvals expected before 31 July London Metal Exchange (LME) nickel futures declined 6% w-o-w during the week ended 26 June 2026, settling at $16,740/t from $17,780/t a week earlier. LME warehouse inventories also edged lower to 274,806 t, compared with 276,216 t in the previous week. Indonesia’s…