London Metal Exchange set to establish copper and zinc delivery point in Jeddah 

RIYADH: Jeddah is set to become a significant hub for copper and zinc metals as the London Metal Exchange plans to establish a new warehouse in the city.

To enhance Saudi Arabia’s position as a global alloy center, the LME is consulting to fine-tune its warehouse location framework, specifically addressing provisions related to depot operator insolvency to ensure metal owners’ access to their assets remains straightforward. 

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