The London Metal Exchange (LME) has announced that from mid-2026, it will cease to administer the LBMA Platinum and Palladium prices in order to focus on its core base metals offering. The LME, in collaboration with LBMA, has engaged with London Platinum and Palladium Market (LPPM) participants on the planned change and is committed to ensuring a smooth and orderly transition to the new administrator once appointed. Jamie Turner (LME Head of Trading and COO) commented: “Since becoming the pricing administrator for LBMA Platinum and Palladium in 2014, we have sought to be responsive to auction participant requirements ... (full story)