Proactive Monitoring

LPPM Newsletter for March 2017

16 March 2017

Newsletter

With effect from 1st January, 2009, the LPPM Management Committee introduced a system of Proactive Monitoring (PAM) of refiners on the Good Delivery List in order to ensure the integrity and further enhance the reputation of the List and the refiners on it.

PAM involves the refiner submitting samples taken from their normal production process for testing by the LPPM’s Good Delivery referees. Analysis of these samples is undertaken by two of the LPPM referees in rotation and is compared to the refiner’s results.
In addition, the refiner is required to submit financial and production information in order to ensure that they continue to satisfy all the criteria required to meet LPPM Good Delivery Standards.

Full details of the PAM rules and criteria can be seen on the LPPM website under the Good Delivery Rules, Annexes E and F.

We are currently undertaking the 3rd three year cycle of PAM and so far the refiners listed below have successfully completed the PAM process. The remainder of the 32 LPPM Good Delivery refiners will be tested in due course and the results updated on the website.

  • Aida Chemical Industries Co. Ltd - Japan
  • Asahi Pretec Corporation - Japan
  • BASF Corporation – United States
  • Chimet SpA - Italy
  • Furuya Metal Co Ltd - Japan
  • Heraeus Precious Metals North Amercia LLC – United States
  • Johnson Matthey Inc – United States
  • Materials Eco-Refining Co., Ltd. - Japan
  • Sabin Metal Corporation – United States
  • Solar Applied Materials Technology Corp - Taiwan
  • Heraeus Deutschland GmbH & Co. KG - Germany

On behalf of the LPPM Management Committee

Latest News

27 November 2024

Newsletter: Responsible Sourcing Committee

The London Platinum and Palladium Market (the “LPPM”), through its Responsible Sourcing Review Committee (the “RSRC”), announced the launch of a consultation process over the drafting of Version 5 of its Responsible Platinum / Palladium Guidance (the “Guidance”) in March 2024.

Tags: responsible-sourcing

Read more

24 September 2024

Newsletter: LPPM Sponge Accreditation Lists

We are pleased to announce that Heraeus Precious Metal Technology (China) Co., Ltd., Nanjing, China, has successfully completed the relevant criteria to be admitted to the LPPM’s Platinum and Palladium Sponge Accreditation Lists.

Tags: responsible-sourcingSponge Accreditation

Read more

12 August 2024

Newsletter: LPPM Sponge Accreditation Lists

We are pleased to announce that Johnson Matthey (Zhangjiagang) Precious Metal Technology Co. Ltd., China has successfully completed the relevant criteria to be admitted to the LPPM’s Platinum and Palladium Sponge Accreditation Lists.

Tags: Sponge Accreditation

Read more

171.8769