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LME presses ahead with sustainable metal premium pricing plans
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)