Emirates Global Aluminum first producer with digital certificates (CoA)

The London Metal Exchange (LME) has announced that Emirates Global Aluminium (EGA) has become the first LME primary aluminum branded producer to build a direct digital certificate of analysis (CoA) connection from its smelters to the LMEpassport platform, eliminating the need for paper documentation and further innovating the future of aluminum production.

CoAs are certificates of authenticity and proofs of purchase. These documents are key specification and quality assurance documents that must accompany shipments of LME metals in and out of the warehouse. This year, primary aluminum smelters producing LME brands are integrating their documentation processes digitally with LMEpassport to provide the market with greater confidence in the chain of custody and help eliminate inefficiencies resulting from paper-based processes.

Georgina Hallett, Head of Physical Markets at the LME, commented: “We are delighted that EGA has made the first direct connection to LMEpassport, leveraging a digital solution that will in time completely replace the need for paper CoA for all metals physically delivered to the LME, bringing greater security, traceability and operational efficiency to physical metal trading.”

Abdulnasser Bin Kalban, CEO of EGA, commented: “Our digital transformation is a fundamental part of achieving EGA’s bold aspiration to innovate the future of aluminum production. Leading our industry by digitally providing eCoAs to the LMEpassport platform is just one of the ways we are using big data and analytics to transform the efficiency of our operations and business at EGA.”

From October 2024, all LME-listed aluminum brands will be required to have a corresponding digital CoA record on the LMEpassport platform for the metal to be suitable for physical delivery against an LME primary aluminum contract. Over the next two to three years, this requirement will be gradually implemented on all LME physically delivered metals requiring CoA.