LME considering China expansion

According to sources at LME Asia Week in Hong Kong, the LME are in talks with the officials in the Guangdong province of China to open a new warehouse. LME warehouses have near-total coverage of the major tin-using countries and regions, and currently, Asia is served...

LME proposes responsible sourcing requirements

The London Metal Exchange (LME) published a position paper in early October outlining proposed responsible sourcing requirements for LME-listed producer brands. Tin has been listed alongside cobalt as an “automatic higher-focus metal” within the proposals. The LME’s...

LME approves YUNXIANG brand listing

On May 25th the London Metal Exchange (LME) announced the approval of the YUNXIANG tin brand as a listed LME brand, making it deliverable against the LME Tin contract. The YUNXIANG brand is produced by Gejiu Kaimeng Industry and Trade Co., Ltd., a Chinese tin smelter...

LME launches responsible sourcing plan

The London Metals Exchange (LME) has announced that all companies trading on the exchange must comply with OECD responsible sourcing guidelines, or risk being delisted. The move, announced earlier this month at the OECD in Paris, follows reports that LME-traded cobalt...

LME approves MSP brand listing

On June 8th the London Metal Exchange (LME) announced the approval of Indonesian tin smelter Mitra Stania Prima (MSP) as a listed LME brand, making it deliverable against the LME Tin Contract. MSP’s smelter is based on the island of Bangka in Indonesia, with an...