The LME has published a position paper (in October 2018) outlining new proposals for responsible sourcing of metal by listed brands. LME is seeking feedback from the market on the detailed proposals, which include: (1) a requirement that all brands undertake an OECD “red-flag” assessment to determine “higher” or “lower” focus classification (except for “automatic higher-focus metals” which include cobalt and tin) and (2) a special transitional provision for cobalt to enable LME to take action against brands where the market already demonstrates responsible sourcing concerns. Read more via: LME
Responsible Sourcing LME position paper