"A game changer." LME to add emissions data tracking for aluminum ahead of EU policy

The London Metal Exchange is proposing new requirements next year for aluminum producers on the exchange to track emissions data and help compliance with EU climate regulations.

The requirements, which would go into effect March 2025, are aimed at integrating the European Union’s Carbon Border Adjustment Mechanism (CBAM) requirements, a policy that imposes a cost on select carbon-intensive goods, such as steel and aluminum, imported into the EU.