LMEshield

Secure and effective commodity receipting

LMEshield is our central electronic register providing global off-warrant commodity receipting.

Delivering efficient inventory management, LMEshield is founded in the LME’s extensive experience in overseeing a global warehousing network.

By immobilising paper receipts and using electronic versions in the system, LMEshield supports and enables lending by addressing uncertainties surrounding commodity receipts as collateral and reducing the risk of fraud on financed material.

The benefits

Purpose built in consultation with market participants, LMEshield is designed to:

  • improve confidence in global off-warrant warehousing
  • help mitigate the risk of fraud
  • enhance efficiency of transfer of ownership
  • support and expand the market for financing of off-warrant commodities.

Metal Bulletin hosted a webinar on LMEshield and commodity financing. Watch the presentation.

For more information or to request a demo of the system please get in touch with our team.


Who is it for?

LMEshield is designed to cater to the needs of commodity market participants across the value chain. 

For banks and financing institutions - LMEshield facilitates effective collateral management by promoting commodity storage standards, tracking the underlying commodity and efficiencies in financing processes. 

Warehouses and commodity storage facilities - LMEshield provides rent recording functionality and efficient processes for creating warehouse receipts. 

Physical commodity traders and owners - LMEshield helps to improve access to trade financing deals and increase speed and efficiency in the transfer of receipt possession. 

Experience
LMEshield is developed based on our extensive experience in metals trading, oversight of warehousing standards and the management of ownership documentation through LMEsword, the LME’s warrant management system accounting for millions of tonnes of metal around the world.

In partnering with Kynetix, the global leader for financial technology solutions in the physical markets, we are uniquely qualified to bring a more secure and efficient receipting system to the wider market.

 

Become part of the LMEshield community 

Please send the completed NDA to the Client Advisory and Membership Services team.

Eligible jurisdictions

LMEshield receipts can be issued in respect of the Eligible Commodities stored in the following Eligible Jurisdictions: 

Eligible Jurisdictions
Belgium  Qatar USA (California)
Brazil Saudi Arabia  USA (Florida) 
Chile Singapore USA (Illinois)
England and Wales South Africa USA (Indiana)
Germany South Korea USA (Kentucky)
India Spain USA (Louisiana)
Italy Sweden USA (Maryland)
Japan Taiwan USA (Michigan)
Malaysia UAE USA (Missouri)
Netherlands USA (Alabama) USA (Ohio)
 

 

Become part of the LMEshield community 

Please send the completed NDA to the Client Advisory and Membership Services team.

LMEshield Eligible Commodities

Eligible Commodities
Aluminium alloys Lead 
Steel
Cobalt
Molybdenum Tin
Copper
Nickel
Zinc
Lead 
Primary aluminium  

 

Become part of the LMEshield community 

Please send the completed NDA to the Client Advisory and Membership Services team.

Warehouse & facilities

LMEshield approved warehouses and storage facilities:

Warehouse Jurisdiction Location Facilit Status
Henry Bath Belgium Antwerp Kallo - Blockveld Green light
Vollers Group GmbH Belgium Antwerp Christa Green light
CWT Commodities (Rotterdam) BV Belgium Antwerp Berendrecht Green light
Vollers Group GmbH Belgium Antwerp Oosterweel Green light
Vollers Group GmbH Germany Hamburg R1 Green light
Henry Bath Malaysia Johor Warehouse JBD1 Green light
CWT Commodities (Metals) Pte Ltd Malaysia Johor CWT Johor Green light
Henry Bath Singapore Pte Ltd Malaysia Port Klang BD2A Green light
CWT Commodities (Rotterdam) BV Netherlands Rotterdam Eemhaven Green light
Henry Bath Netherlands Rotterdam Antarcticaweg Warehouse F Green light
Henry Bath Netherlands Rotterdam Dolfijnweg Green light
Independent Commodities Logistics B.V. Netherlands Rotterdam Warehouse B Green light
Vollers Group GmbH Netherlands Rotterdam Maris 1 & 2 Green light
Independent Commodities Logistics B.V. Netherlands Moerdijk Warehouse 1 Green light
Independent Commodities Logistics B.V. Netherlands Moerdijk Warehouse 2 Green light
Independent Commodities Logistics B.V. Netherlands Moerdijk Compound CCT West Green light
CWT Commodities (Metals)Pte Ltd Singapore Singapore 22, Pioneer Sector 2 Green light
CWT Commodities (Metals)Pte Ltd Singapore Singapore 24, Penjuru Road Green light
CWT Commodities (Metals)Pte Ltd Singapore Singapore 33, Pioneer Sector 1 Green light
Henry Bath Singapore Singapore Sembawang Wharves Singapore Green light
GKE Metal Logistics PTE Ltd Singapore Singapore No. 1 Jalan Besut Green light
Henry Bath Singapore PTE LTD South Korea Busan Sebang Gamcheon Warehouse Green light
Henry Bath Singapore PTE LTD South Korea Busan SBNL A Green light
Metro International Trade Services (UK) Ltd South Korea Busan 6674 - Warehouse BND1 Green light
Metro International Trade Services (UK) Ltd South Korea Busan 7539 - Warehouse B Green light
Henry Bath Singapore PTE LTD South Korea Gwangyang Gwangyang A Green light
Metro International Trade Services (UK) Ltd South Korea Incheon 5636 - Warehouse 4 Green light
Metro International Trade Services (UK) Ltd South Korea Incheon 5751 - Warehouse 5 Green light
Metro International Trade Services (UK) Ltd South Korea Incheon 5752 - Warehouse 6 Green light
Metro International Trade Services (UK) Ltd South Korea Incheon 5753 - Warehouse 7 Green light
P Global Services NV Spain Barcelona PGSBA1 Green light
Halley Metals Iberica, S.A Spain Bilbao Warehouse 4B Green light
Halley Metals Iberica, S.A Spain Bilbao Warehouse 32 Green light
CWT Commodities (Metals) Pte Ltd Taiwan Kaohsiung CWT Taiwan Green light
Henry Bath UAE Dubai Airlink Warehouse, Jebel Ali FTZ Green light
CWT Commodities (Metals) Pte Ltd UAE Dubai CWT Dubai Green light
Henry Bath UK Liverpool South Huskisson Green light
Henry Bath USA Baltimore 2200 Broening Hway - Warehouse A Green light
Henry Bath USA Chicago Windy City Warehouse Green light
Metro International Trade Services LLC USA Chicago 4824 - 345 Salmon Drive Green light
Metro International Trade Services LLC USA Detroit 4790 - 13542 Helen Street Green light
Metro International Trade Services LLC USA Detroit 4792 - 308 Antoine Street Green light
Metro International Trade Services LLC USA Detroit 4793 - 308 N. Antoine Street Green light
Metro International Trade Services LLC USA Detroit 4800 - 17423 West Jefferson Green light
Metro International Trade Services LLC USA Detroit 5714 - 1200 E. McNichols Ave Green light
Metro International Trade Services LLC USA Detroit 5716 - 1725 Cicotte Avenue Green light
Metro International Trade Services LLC USA Detroit 5820 - 160 Visger Rd Green light
Metro International Trade Services LLC USA Detroit 5831 - 2599 22nd St Green light
Metro International Trade Services LLC USA Detroit 5898 - 8650 Mt Elliott Green light
Metro International Trade Services LLC USA Mobile 5674 - 1505 Telegraph Road Green light
Metro International Trade Services LLC USA Mobile 5675 - 1507 Telegraph Road Green light
Metro International Trade Services LLC USA Mobile 5679 - 1200 Papermill Road Green light
Metro International Trade Services LLC USA Mobile 5680 - 1510 Telegraph Road Green light
Metro International Trade Services LLC USA Mobile 5681 - 201 Callahan Drive Green light
Metro International Trade Services LLC USA Mobile 5745 - 200 Callahan Drive Green light
Metro International Trade Services LLC USA Mobile 5770 - 1501 Telegraph Road Green light
Metro International Trade Services LLC USA Mobile 5828 - 1809 Third Street Green light
Metro International Trade Services LLC USA Mobile 5880 - 1818 S. Craft Highway Green light
Henry Bath USA New Orleans Edwards Avenue Green light
Henry Bath USA New Orleans McDermott Road Green light
Henry Bath USA New Orleans Robertson Street Green light
Metro International Trade Services LLC USA New Orleans 5049 - 500 Louisiana Avenue Green light
Metro International Trade Services LLC USA St Louis 5509 - 3901 Union Blvd Green light
Metro International Trade Services LLC USA Toledo 5772 - Warehouse A1, 3319 St Lawrence Drive Green light
Metro International Trade Services LLC USA Toledo 5773 - Warehouse F, 3319 St Lawrence Drive Green light
Metro International Trade Services LLC USA Toledo 5879 - Warehouse J, 3332 St Lawrence Drive Green light

Please note additional Warehouse Companies are in the final on-boarding stage and will be announced shortly.

Talk to us today about how to become an LMEshield-approved facility, or if you are a trader or financial institution that works with a warehouse company not yet on the system, get in touch to see how we can help.

 

Become part of the LMEshield community 

Please send the completed NDA to the Client Advisory and Membership Services team.

LMEshield - annual custody fee

LMEshield will charge an annual custody fee for LME delivery point and non-delivery point jurisdictions. 

Annual custody fee Fee (basis points)
Delivery point jurisdictions
1
Non-delivery point jurisdictions 5

Metal registered on LMEshield will be classified within a specific metal type (e.g. aluminium, copper) and charged based on the metal's previous month's LME’s average cash price. Fees will be calculated pro-rata on a monthly basis in arrears using the daily closing tonnage by metal and by jurisdiction.

 

Become part of the LMEshield community 

Please send the completed NDA to the Client Advisory and Membership Services team.