The London Metal Exchange is weighing a ban on Russian metals, and is in talks with governments...

The London Metal Exchange is debating whether to block Russian metal deliveries to its warehouses and is in discussions with governments about a ban, its chief executive told Bloomberg.

"We obviously are deeply concerned about the situation in Ukraine, and we want to make sure that the LME can't be part of financing any type of atrocity of that nature," Matthew Chamberlain said in a video interview released Tuesday.

Chamberlain said any decisions will depend on government policy on sanctions. He noted Russian metal is not currently sanctioned, and so is allowed in the warehouse network, but did not dismiss a possible change in the situation.