• Salt Aluminyum - primary aluminum ingots

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    LME Commits to Sustainability Strategy for Aluminum

    The London Metal Exchange (LME) plans to move forward with its sustainability strategy. This decision follows supportive feedback from its discussion paper process started in August. “We are grateful for all the feedback we received as part of the discussion process,” said Matthew Chamberlain, chief executive of the LME. “We are mindful of the diverse views […]

  • Aluminum Ingot - Public Domain

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    LME Plans to Implement Low-Carbon Aluminum Trading

    The London Metal Exchange (LME) is planning to create a trading platform specifically designed for users who wish to source low-carbon aluminum — such as those operating in the transportation or packaging industries. In the primary aluminum industry, low carbon aluminum is typically determined as being aluminum produced using renewable energy sources, such as hydroelectricity, […]

  • Aluminium Stewardship Initiative

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    ASI Initiates Standards Revision Process

    The Aluminium Stewardship Initiative (ASI) is initiating a Standards Revision in 2020-2021 to review all of the 6 ASI Documents – Performance Standard and Guidance, Chain of Custody Standard and Guidance, Assurance Manual, and Claims Guide. The revision will include multiple rounds of consultation, with opportunities for all members and stakeholders to have input. The ASI Performance and Chain […]

  • smelting

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    LME Roundup – LME to Launch New Aluminum Contracts, but Are They Too Late?

    June 8 – “London Metal Exchange to Launch New Range of Aluminum Contracts: Only warehouses without any queues will be eligible to issue premium contracts,” The Wall Street Journal “The London Metal Exchange on Monday said it is launching a new range of aluminum contracts to allow users to protect themselves against rising regional charges […]

  • smelting

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    LME Roundup – Still Striving to Cut Warehouse Queues

    February 25 – “The Aluminium Market Analysis, Financials and Forecasting 2015-2025,” Vision Gain The economic crisis of 2008 caused a sharp decline in the demand for aluminium worldwide. As a result of the lower demand, the market became oversupplied, which pushed the prices down. Excessive warehousing of aluminium is a result of this oversupply, with […]

  • smelting

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    LME Roundup – New Warehouse Rules Receive Comments from Alcoa and UC Rusal

    January 1 – “LME to raise rental charges to offset the fast load-out rates,” Al Circle January 7 – “LME warehouses divided on new rules,” American Metal Market January 7 – “COLUMN-New year, same old warehouse problems for London Metal Exchange,” by Andy Home, Reuters The core underlying problem remains the yawning gulf between the […]

  • smelting

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    LME Roundup – Queues Falling in LME Warehouses

    This roundup covers the time period of December 10 through January 6. December 10 – “Aluminum Leaving LME Seen by Jefferies Increasing Volatility,” Bloomburg December 15 – “COLUMN-Glencore’s Pacorini entrenches LME warehousing position,” By Andy Home, Reuters All good news, it appears, for the LME, which has been lambasted by industrial users for its dysfunctional […]

  • smelting

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    LME Roundup

    This roundup covers the time period of October 18 through December 10. October 23 – “Natixis predicts a positive future for aluminium,” Al Circle Nic Brown, the head of commodities research at Natixis announced at the LME Metals Seminar in London that aluminium prices will average above $2000 per tonne in 2015.   October 27 – […]

  • smelting

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    LME Roundup – September 17 through October 17

    September 17 – “Record high aluminium premiums lift 2015 cost outlook,” Shanghai Metal Market September 19 – “LME Inventory: Aluminium falls the most by 11950 tons,” Commodity Online September 23 – “LME to forge ahead on warehouse rules,” American Metal Market The London Metal Exchange is committed to new warehouse regulations, no matter what the […]