LME sustainability plans 'will not help decarbonization' of the metals sector, En+ says

December 18, 2020 / www.metalbulletin.com / Article Link

The London Metal Exchange recently announced the next steps in its sustainability drive, but En+ Group believes the plans "do not address the industry's concerns."

The energy and metals company said on Wednesday December 16 the LME's plans "represent a lost opportunity to drive industry-wide meaningful change" at a time when the world looks to "build back better" in 2021 from the impact of the global Covid-19 pandemic.
En+ Group is the majority owner of aluminium producer US Rusal, which has a low-carbon aluminium brand called Allow.
The LME said on December 16 that LMEpassport, a new digital register for physical metals data, is to be rolled out in 2021, starting with aluminium and gradually phasing in other metals over the next three years.

The digital register -...

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