Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

Explained in plain English

What's the London Metal Exchange?

The London Metal Exchange (LME) is a major global marketplace where industrial metals like copper are bought and sold. It sets benchmark prices that influence the cost of metals worldwide. The record high mentioned in the story happened on this important exchange.

Stories that explain this

Copper prices hit record high on tariff speculation

Related explainers

Who pays tariffs? Why are prices going up? What are tariffs? Why does the world need more copper? How big is London's water network? What is the City of London's role? Global currency exchange Why is it going to London?

The full catalogue

Browse every card filed under S →