To support the mechanism of physical delivery the LME approves and licenses a network of warehouses and storage facilities around the world. Warehouse companies must meet strict criteria before they are approved for the handling of metals.
LME-approved delivery points are located in areas of net consumption and logistical hubs for the transportation of material.
Rent and FOT rates and charges
LME warrant holders are responsible for the payment of charges for storage of material in LME-approved storage facilities.
For the storage and handling of LME non-ferrous metals and minor metals for the period 1 April 2017 to 31 March 2018 the following rates will apply:
From time to time the LME commissions independent studies into various aspects of warehousing and delivery.
Reporting of Inducements and charges to the LME
More than 600 storage facilities across 34 locations approved for good delivery of LME contracts.