The aggregate quantity of aluminium stocks accessible to the market within LME-registered warehouses, denoted by MALSTX-TOTAL, is commonly known as on-warrant. Warrants are official documents that convey ownership rights to the metal.
The significant presence of Russian-origin metal in LME-registered stocks has raised concerns among certain producers in competition with Russian aluminium giant Rusal. Additionally, some Western consumers are avoiding Russian metal due to Moscow's invasion of Ukraine in 2022.
