Agence France-PresseDecember 24, 2013 08:44
Rusal, the world's largest aluminium producer, has triggered a judicial review of plans by the London Metal Exchange to reform how it stockpiles commodities, the LME's owner said on Tuesday.
Russian company Rusal filed a claim in the English High Court on Monday, the Hong Kong Stock Exchange said in a statement. The Hong Kong bourse last year bought the LME, which is the world's biggest metals exchange.
Rusal opposes a plan to expedite deliveries of base metals, in particular aluminium, that are traded on the LME.