SINGAPORE, Sept 18 (Reuters) - Most industrial metals traded in tight ranges on Wednesday, as investors waited for clues on the U.S. Federal Reserve's future monetary policy.
The Fed is widely expected to announce a rate cut when it concludes its two-day policy meeting later on Wednesday. This would be its second such cut after lowering rates in July for the first time since the 2008 financial crisis.
Three-month copper on the London Metal Exchange (LME) edged up 0.1% to $5,828 a tonne by 0144 GMT, while the most-traded copper contract on the Shanghai Futures Exchange (ShFE) eased 0.2% to 47,270 yuan ($6,667.51) a tonne.
LME aluminium was almost unchanged, nickel dipped 0.2%, zinc fell 0.3%, and lead rose 0.2%. ShFE aluminium edged up 0.1%, nickel declined 0.8%, zinc eased 0.3% and tin fell 0.5%.
* LEAD: ShFE lead fell as much as 1.9% to a one-month low on rising supply outlook after Belgium's Nyrstar said it had temporarily reopened an old lead-processing plant in Australia.
* TRADE DEAL: U.S. President Donald Trump said his administration could seal a deal on trade with China before the U.S. presidential election, or an agreement could be reached the day after U.S. voters go to the polls.
* CHILE LITHIUM: Chile is making a renewed push for battery technology investment in return for access to its lithium deposits, piquing interest from China, Japan and Europe as global firms look to secure supply for electric vehicles.
* LITHIUM: Strong demand from the electric vehicle sector alongside supply cuts should help Australian lithium miners recover towards the middle of next year, earlier than expected, a Benchmark Minerals Intelligence top executive said.
* US EV: The United States is losing the race to extract and refine minerals used to make electric vehicles and should do more to spur domestic production, a bipartisan group of senators said.
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* Oil prices cooled as Saudi Arabia said the kingdom had fully restored its oil supply following attacks on its crude facilities although caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges.
0830 UK CPI YY Aug
0900 EU HICP Final MM Aug
0900 EU HICP Final YY Aug
1230 US Housing Starts Number Aug
1300 Russia Unemployment Rate Aug
1800 US U.S. Federal Reserve's Federal Open Market
Committee announces its decision on
interest rates followed by a statement
1830 US U.S. Federal Reserve chairperson
holds a news conference
Three month LME copper
Most active ShFE copper
Three month LME aluminium
Most active ShFE aluminium
Three month LME zinc
Most active ShFE zinc
Three month LME lead
Most active ShFE lead
Three month LME nickel
Most active ShFE nickel
Three month LME tin
Most active ShFE tin
ARBS ($1 = 7.0896 Chinese yuan) (Reporting by Mai Nguyen; Editing by Subhranshu Sahu)