Latest from the LME
LME consults on proposals to enhance stocks and pricing transparency
We have launched two market consultations on proposals designed to bring greater visibility of unwarranted metal stocks, make permanent existing controls around the management of low stock environments and enhance the transparency and determinism of LME Closing Price discovery.
Sustainability Spotlight
In this issue of the LME's quarterly sustainability newsletter you will find updates on LMEpassport and responsible sourcing, together with this edition's Market Insight piece from Dr. Subodh Das of Phinix, LLC on the sustainability challenges of aluminium production, with a particular focus on bauxite residue.
Introduction to the LME and Hedging 11-13 July 2023: London
This course offers a practical introduction to all things LME including futures, options, price discovery and hedging, and how they can enhance your organisation's price risk management strategies.
LME Group announces action plan to strengthen its markets
The London Metal Exchange (LME) and LME Clear (together, LME Group) are today pleased to announce a two-year programme of change to strengthen and enhance its markets.
23 042 LME Responsible Sourcing - Publication of Red Flag Assessment Summary Statistics
The London Metal Exchange (“LME”) is today publishing summary statistics on reporting received from red flag assessments during the 2021 reporting year for responsible sourcing, in line with the LME Policy on Responsible Sourcing of LME-Listed Brands (the “Policy”).
23 034 Warranting of Russian Primary Aluminium, Copper, Lead, Nickel and NASAAC Brands in US Warehouses
Following the announcements by the US authorities on 24 February 2023 imposing additional tariffs of: (1) 200% on certain Russian origin and third country manufactured aluminium articles and aluminium derivative articles; and (2) raising up to 70% the non-most favoured nation (“MFN”) tariffs on specified Russian origin aluminium articles as well as other metals (including copper, lead and nickel), this Notice announces an immediate suspension of the warranting, applicable only to LME-listed warehouses located in the US, of any new primary aluminium, copper, lead, nickel or aluminium alloy (in the form of NASAAC).
HARBOR's 15th Aluminum Summit
The LME is sponsoring HARBOR's 15th Aluminum Summit in Chicago, IL. Topics for discussion will include aluminum value chain pricing, product premiums, conversion prices and the scrap market. Join us on 6-8 June.
29th Edition of the Conference of Montreal
Matthew Chamberlain, LME CEO, is speaking on the “Green and Clean: Redefining Finance for a Sustainable Future” discussion at the 29th Edition of the Conference of Montreal.
Copper Seminar
We are a gold sponsor for the Copper Seminar in New York, USA on the June 14 2023.
Sustainability
Responsible sourcing
Electric vehicle battery materials
Lithium at the LME
resources
Recent member notices and circulars
Trading
The prices discovered on our three trading platforms are used as the global reference price and both the metal and investment communities use the LME to transfer or take on risk, 24 hours a day.
Access the market
Reports on LME.com
LMEpassport, a key component of the LME’s drive for a more sustainable future, is a new system that does away with paper certificates of analysis and provides the market with a new voluntary register of a metal’s sustainability credentials.
Find out more