Latest from the LME
Introduction to the London Metal Exchange and Hedging three days: 18-20 April 2023
This training programme offers an unparalleled opportunity to learn directly from the LME on how best to use its services in order to benefit your business.
LME Responsible Sourcing team visits project communities in the DRC
The week-long visit allowed our team to see the projects run by our charity partner The Impact Facility, working to tackle child labour and children’s rights issues in mining communities.
Introduction to LME Cash-Settled Futures course 25 May 2023
Don’t miss this course designed to give participants an overview of hedging and trading with cash-settled futures, the mechanics around spot, forward and settlement prices, and the role of PRAs.
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).
LME Group General Counsel Tom Hine to step down
The London Metal Exchange (LME) today announces that Tom Hine, LME Group General Counsel and Head of Enforcement, will step down at the end of January after 17 years of service.
LME Board changes
Huey Evans CBE, will not seek re-election as LME Chair and will step down once a new Chair has been appointed. In addition Martin Fraenkel and Pierre Vareille, subject to FCA approval, will be appointed to the LME Board as independent non-executive directors in Q1 2023.
FT Global Commodities Summit
Georgina Hallett, LME Chief Sustainability Officer, is speaking at the FT Global Commodities Summit on the “Tracking Supply Chains Emissions” panel on Tuesday 21 March 2023.
LME New Trading Platform Update Forum March 2023
We are hosting a virtual forum on 22 March to provide an update to members of the LME’s trading ecosystem on its new trading platform. The forum will focus on customer readiness, test windows, technical specifications availability and an LMEtrader demo.
Asia Steel Markets 2023
Edric Koh, LME Head of Corporate Sales, Asia, is speaking at the Asia Steel Markets 2023.