The London Metal Exchange (LME), together with the recently established HKEX Group sister company Commodity Pricing and Analysis Limited (CPAL), today moved closer to the publication of sustainable metal premium pricing for LME-approved metals. The confirmed pricing methodology is now available on the newly launched "LME Insight" website, through which news and pricing will be distributed.

In October 2025, the LME and HKEX Group announced the formation of CPAL as a new Group subsidiary in Dubai to serve as a pricing administrator, and issued a discussion paper on the methodology for sustainable metal premium pricing. CPAL has since established the “LME Insight” brand, and its website – which went live today – provides metal markets news and analysis with a focus on transition metals and related industries. Pricing is expected to launch later this year and will also be available through LME Insight.

Bashar Mohamadieh has been appointed as General Manager of CPAL and he will shortly be joined by a team for Price Reporting, and Governance and Compliance.

Georgina Hallett, LME Chief Sustainability Officer and Head of Physical Markets, said: “We are now firmly on course to see sustainable metal premium price discovery come to fruition.

"Bashar brings a wealth of business experience to CPAL. We’re delighted to be working alongside him and look forward to seeing the continued expansion of LME Insight over the coming months."

Bashar Mohamadieh, General Manager of CPAL, said: "This marks an important milestone for the project and the metals industry, and I am pleased to lead the delivery of LME Insight as it supports the development of sustainable metals markets. Through transparent, robust pricing methodologies, we aim to facilitate credible price discovery and support the industry’s transition toward a more sustainable global metals value chain."

The sustainable metal premium pricing methodology will be for LME-listed brands that meet verifiable enhanced sustainability thresholds, evidence of which will be disclosed on LMEpassport. The methodology prioritises verified transactions reported directly to LME Insight or sourced from an LME Insight recognised digital transaction platform.

In a response to the October discussion paper, also published today, the LME confirms that there was broad support for this pricing methodology approach and highlights several enhancements made following feedback. These include the introduction of producer reported data weighted equally with transaction data, plus a minimum tonnage per observation and revised carbon thresholds for copper and aluminium.

Background

• Visit the LME Insight website.
• The LME's response to its discussion paper issued in October 2025, and the pricing methodology to be used by LME Insight can be found on the LME Insight pricing information page.
• The LME announced the creation of CPAL and the discussion paper on pricing methodology in the "LME drives forward sustainable metal premium pricing plans" press release.