home 20 July 17:48

Russian Union of Industialists and Entrepreneurs

Search

News

The London Metals Exchange (LME) announced that it would require all producers to comply with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals20 June

The London Metals Exchange (LME) announced in April 2018 that it would require all producers to comply with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals (in English), for all metals traded on the LME.

This will mean that 75% of metals traded will have to meet OECD due diligence requirements.

The 3rd Edition of the OECD Due Diligence Guidance was published in April 2016. The updated version clarifies that the Guidance provides a framework for detailed due diligence as a basis for responsible supply chain management of minerals, including tin, tantalum, tungsten and gold, as well as all other mineral resources.

In addition to the 35 OECD Members, 8 non-Members, namely Argentina, Brazil, Colombia, Costa Rica, Lithuania, Morocco, Peru and Romania, adhered to the Council Recommendation.

Remarks by Angel Gurría, OECD Secretary-General

© RSPP International Cooperation department

Exchange Value
EUR 73.9327
USD 63.4888
CHF 63.5842
GBP 82.6688
JPY 56.4470

Renovation date 21 July

Official data is given by Банк России