EGA First to Digitally Connect Analysis to LME

Emirates Global Aluminium (EGA) has set a new standard as the first primary aluminium brand producer on the London Metal Exchange (LME) to implement a digital connection for its metal quality analysis system. This innovation removes the need for paper documentation, providing a more efficient and secure method for verifying the quality of metals. The company has established a direct digital certificate of analysis (CoA) connection from its smelters to the LMEpassport platform, ensuring all LME metal shipments meet required specifications and quality standards.

"The digital certificates of analysis will enable greater traceability, accessibility, and transparency in the process by eliminating paper documentation, which can often be damaged or lost as metal travels around the world," EGA stated.

All LME primary aluminium producers are required to digitize their CoA submission process to LMEpassport by October. This requirement will be phased in across all LME's physically delivered metals needing CoAs over the next 2-3 years.

Georgina Hallett, the LME's head of physical markets, expressed, "We are thrilled that EGA has made the first direct connection to LMEpassport, leveraging a digital solution that will eventually replace paper CoAs, enhancing security, traceability, and operational efficiency in the trading of physical metal."