LME approves first warehouse facilities in Hong Kong

The London Metal Exchange (LME) is pleased to announce its approval of the first four LME-licensed warehouse facilities in Hong Kong. This follows the LME’s approval of Hong Kong as an LME warehouse location on 20 January 2025.

Matthew Chamberlain, LME CEO, said: “Being able to confirm the listing of our first warehouse facilities so swiftly after announcing Hong Kong as an LME delivery point is an exciting development for the LME. We are grateful for the strong level of interest from warehouse companies and service providers, as well as from metal owners looking to access Hong Kong storage and logistics.

“Hong Kong is now well-positioned to further develop as a key global metals hub servicing the region, and as a gateway for access to the Mainland China market – reinforcing Hong Kong’s vital role as an international financial, trade and logistics centre.”

The details of GKEML’s Hong Kong warehouse facilities approved today, including the warehouse operators and the LME metals approved for storage are as follows:

GKE Metal Logistics Pte Ltd
Yuen Fat Wharf & Godown^*1
aluminium alloy, primary aluminium, copper, nickel, lead, tin and zinc
(two warehouse facilities listed)^*2

*1 Yuen Fat Wharf & Godown is an integrated wharf and warehouse facility. The quay has a shoreline length of approximately 480 meters and a draft depth of around 6 meters, allowing it to accommodate medium to large-sized container and bulk cargo vessels of up to 5,000 tons.

*2 GKEML is one of the three operators approved in Hong Kong in the first batch and the only ONE operator with 2 warehouse facilities approved in the first batch of listing.

The new storage facilities have been inspected and meet the LME’s standards in respect of transport and logistics criteria and they will be able to start storing LME-warranted metal in three months’ time, when the location will become live.