Two OK’d for aluminum warehousing in Ky.

Feb 03, 2014 | 01:46 PM | Andrea Hotter

Tags  Pacorini Metals, BTG Pactual, aluminum warehousing, London Metal Exchange, LME, Owensboro Riverport Authority, Brian Wright, Andrea Hotter

LONDON — Pacorini Metals USA LLC and Grupo BTG Pactual SA have been approved to store aluminum by the Owensboro Riverport Authority in Kentucky.

The London Metal Exchange will be notified of the port board’s approval and asked to approve the warehouse space, the port authority said. After a 90-day waiting period, LME-warranted aluminum can move to the port, although non-warranted material may arrive before that.....

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