The LME unveiled its framework for sustainable metal premium pricing, inviting feedback via a discussion paper. The initiative includes use of the Metalshub platform and eligibility criteria based on sustainability disclosures.
👉 Source: LME Press Release / LME site
Summary:
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 that there may not be a premium for every metal, but there is a clear market desire to determine whether one exists and the LME is keen to play a part in answering this question.”
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