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London Metal Exchange - Rusal - Lifting Of Sanctions - Market Feedback

Date 31/12/2018

This Notice summarises the feedback received in relation to Notice 18/323 issued on 19 December 2018 (the “Market Feedback Notice”) and confirms that the LME proposes to: (i) recommend that the Special Committee lift the temporary conditional suspension so that warranting may be resumed in respect of all Rusal metal; and (ii) remove any conditions imposed by Notices 18/107 and 18/117 so that Members may freely enter into Contracts with Rusal and its affiliates, in both cases subject to OFAC delisting Rusal as a Specially Designated National, which is anticipated to occur on or around 18 January 2019.

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