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LME presses ahead with sustainable metal premium pricing plans

From fxnewsgroup.com

The London Metal Exchange (LME) today announced the next steps in its plans to develop sustainable metal premium pricing for LME-approved brands. These include the launch of a new HKEX Group company in Dubai that will serve as the pricing administrator, and the publication of a discussion paper on its proposed pricing methodology. Matthew Chamberlain, LME Chief Executive Officer, said: “Our goal is to publish premium prices for sustainable metals, underpinned by robust definitions and real trading activity – which will enable our industry to unlock the potential value of sustainable metal production. We recognise ... (full story)

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