LPPM Membership
About
The London Platinum and Palladium Market oversees the London Good Delivery Lists, Responsible Sourcing, and Sponge Accreditation for platinum and palladium.
Joining the LPPM can offer several benefits for market participants.
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Sponge Accreditation Rules
Sponge Accreditation Lists
Sponge Accreditation
Due to requests from Good Delivery (GD) refiners the LPPM has introduced Platinum, Palladium and Rhodium Sponge Accreditation lists to run alongside the current GD bar lists. All refiners currently on the GD bar lists will be entitled to be added to the Sponge Accreditation lists if they so wish.
Refiners not currently on the GD bar lists can apply for sponge accreditation only. The process for sponge accreditation is similar to the full GD bar application process.
Good Delivery
Good Delivery Lists
To facilitate trading among members, a list of acceptable Refiners is maintained by the London Platinum and Palladium Market (LPPM). This is known as The London/Zurich Good Delivery List.
This list of Good Delivery refiners of platinum and palladium plates and ingots has been developed and is maintained by the LPPM in order to facilitate the international distribution and acceptability of standard plates and ingots produced by those refiners.
Responsible Sourcing
Intended to assure investors and consumers that all LPPM Good Delivery metal is conflict-free due to compliance with an audited, conflict-free process.
Pt & Pd Prices and Value Dates
The Platinum and Palladium Fixes refer to benchmark pricing mechanisms for platinum and palladium.
These fixes are used in the precious metals markets to establish a reference price for these metals.
News and announcements from the LPPM
30 January 2025
Shenzhen Yuexin Precious Metals Co., Ltd., has successfully completed all the relevant criteria to be admitted to the LPPM’s Platinum and Palladium Lists of Good Delivery Refiners
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21 January 2025
We are pleased to announce that C Hafner GmbH & Co. KG has successfully completed all the relevant criteria to be admitted to the LPPM’s Palladium List of Good Delivery Refiners.
14 January 2025
The London Platinum and Palladium Market is pleased to announce the appointment of three Independent Non-Executive Directors
27 November 2024
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
24 September 2024
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