The LME is introducing responsible sourcing requirements for all brands listed for good delivery on the LME. The rules being implemented are underpinned by the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, using the following framework:
The LME has completed extensive market engagement and worked with a variety of industry bodies to reach this point, and would like to thank all the market participants who have engaged with the LME throughout this process.
For an overview of the LME's requirements on responsible sourcing, please see the following links:
*Translated versions of this document will be released in due course.
The LME requirements on responsible sourcing can be found here.
From 23 April 2019 to 30 June 2019, the LME ran a consultation on the implementation of responsible sourcing requirements. The consultation
all associated appendices can be found here, and the LME’s analysis of the feedback can be found here
In October 2018, the LME launched its position paper on responsible sourcing, which laid out the LME's proposed route forward for responsible sourcing in order to receive market feedback and ensure that its proposals were meaningful, balanced and fair. The LME's analysis of this feedback can be found in its feedback analysis report.