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Industry NewsThe current position: Homepage > News > Industry News

LME Hong Kong warehouses set to open, boosting Asia’s metal logistics

Time:Wed, 23 Apr 2025 09:04:11 +0800

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The London Metal Exchange (LME) will launch its first four registered warehouses in Hong Kong on July 15, 2025, positioning the city as a key gateway to China, the world’s largest metal consumer. 

With China’s market restrictions, Hong Kong serves as a strategic entry point for the LME.

LME CEO Matthew Chamberlain said Hong Kong is ready to become a global metal hub for the Asia-Pacific region. 

No government subsidies have been offered, but the move is seen as a vital step toward tapping China’s market. Success will hinge on market acceptance and cost management. The warehouses are expected to enhance Asia’s metal logistics by streamlining supply chains.
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