lme

Aluminium Stewardship Initiative Standard Conditionally Approved By London Metal Exchange

Aluminium Stewardship Initiative Standard Conditionally Approved By London Metal Exchange

The Aluminium Stewardship Initiative (ASI) announced this week the conditional approval of its Performance Standard V3 (2022) as a recognized alignment-assessed standard by the London Metal Exchange (LME). The approval puts the ASI’s standard on Track A of its Responsible Sourcing Requirements....

Events

Rusal Among First To Contribute Aluminium Sustainability Data To LMEpassport

Russian aluminium titan UC Rusal released sustainability data this week into the London Metal Exchange’s new low-carbon platform LMEpassport, making Rusal among the first firms to do so. Rusal said it first beta-tested the LMEpassport system by entering information from the Boguchansky aluminium smelter in Krasnoyarsk. The firm says it will continue to work on […]

LME To Debut Trading Platform For Low-Carbon Aluminium In Coming Months

The London Metal Exchange announced late last week its plans to establishing a trading platform that will offer low-carbon aluminium warrants to traders seeking a source of primary aluminium derived principally from hydroelectricity or other renewable resources. “Our plans include…working with the market to investigate a standalone spot trading platform for the exchange of aluminium […]

May’s Rise In Aluminium Exports From China Boosted Prices Above Multi-Year Low

Data released by the government of the People’s Republic of China yesterday showed a surge in exports last month, leading to concerns of oversupply among market participants as well as a rebound from multi-year low prices. Numbers released by Beijing showed a month-on-month rise in exports last month of 7.6 percent to 536 thousand metric […]