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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


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.



Eligible Jurisdictions/Regions

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

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)


LMEshield Eligible Commodities

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

 

Warehouse & facilities

LMEshield approved warehouses and storage facilities:

Warehouse Jurisdiction/region Location Facility Status
Henry Bath Belgium Antwerp Kallo - Blockveld Yes
Vollers Group GmbH Belgium Antwerp Christa Yes
CWT Commodity Logistics Rotterdam B.V.
Belgium Antwerp Berendrecht Yes
Vollers Group GmbH Germany Hamburg R1 Yes
Henry Bath Malaysia Johor Warehouse JBD1 Yes
CWT Commodity Logistics (S) Pte. Ltd. Malaysia Johor CWT Johor Yes
Henry Bath Netherlands Rotterdam Antarcticaweg Warehouse F Yes
Henry Bath Netherlands Rotterdam Dolfijnweg Yes
Independent Commodities Logistics B.V. Netherlands Moerdijk Warehouse 1 Yes
Independent Commodities Logistics B.V. Netherlands Moerdijk Warehouse 2 Yes
Independent Commodities Logistics B.V. Netherlands Moerdijk Compound CCT West Yes
Henry Bath Singapore Singapore Sembawang Wharves Singapore Yes
Henry Bath Singapore PTE LTD South Korea Busan Sebang Gamcheon Warehouse Yes
Henry Bath Singapore PTE LTD South Korea Busan SBNL A Yes
Henry Bath Singapore PTE LTD South Korea Gwangyang Gwangyang A Yes
Metro International Trade Services (UK) Ltd South Korea Incheon 5636 - Warehouse 4 Yes
Metro International Trade Services (UK) Ltd South Korea Incheon 5753 - Warehouse 7 Yes
P Global Services NV Spain Barcelona PGSBA1 Yes
Halley Metals Iberica, S.A Spain Bilbao Warehouse 4B Yes
CWT Commodity Logistics (S) Pte. Ltd. . UAE Dubai CWT Dubai Yes
Henry Bath UK Liverpool South Huskisson Yes
Metro International Trade Services LLC USA Chicago 4824 - 345 Salmon Drive Yes
Metro International Trade Services LLC USA Detroit 4790 - 13542 Helen Street Yes
Metro International Trade Services LLC USA Detroit 4792 - 308 Antoine Street Yes
Metro International Trade Services LLC USA Detroit 4793 - 308 N. Antoine Street Yes
Metro International Trade Services LLC USA Detroit 5714 - 1200 E. McNichols Ave Yes
Metro International Trade Services LLC USA Detroit 5716 - 1725 Cicotte Avenue Yes
Metro International Trade Services LLC USA Detroit 5820 - 160 Visger Rd Yes
Metro International Trade Services LLC USA Mobile 5674 - 1505 Telegraph Road Yes
Metro International Trade Services LLC USA Mobile 5679 - 1200 Papermill Road Yes
Metro International Trade Services LLC USA Mobile 5745 - 200 Callahan Drive Yes
Metro International Trade Services LLC USA Mobile 5880 - 1818 S. Craft Highway Yes
Metro International Trade Services LLC USA New Orleans 5049 - 500 Louisiana Avenue Yes

 

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.

Contact us

Contact us

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

Contact us


Become part of the LMEshield community

Complete and submit the LMEshield Non-Disclosure Agreement to the LMEshield team.

Download form

 

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