Hong Kong Joins LME’s Global Delivery System With 8 Certified Warehouses
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The London Metal Exchange (LME) has accepted more than 8,000 tons of metal at eight newly certified warehouses in Hong Kong, formalizing the city’s role in the exchange’s global delivery network and bolstering its position as a logistics hub.
In January, the LME designated Hong Kong as its newest licensed delivery location, adding to its network of 32 locations spanning the United States, Europe and Asia. Since April, eight warehouse facilities have been approved and put into service, according to Carlson Tong, chairman of Hong Kong Exchanges and Clearing Ltd. (HKEX), which owns the LME.
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- Over 8,000 tons of metal have been accepted at eight newly certified LME warehouses in Hong Kong since April 2024.
- Hong Kong’s LME designation expands the exchange's global logistics network, offering direct delivery of metals such as aluminum, copper, and zinc, and reducing costs for Chinese traders.
- A 10,000-square-foot warehouse at Runfa Wharf reached full capacity in a week, with plans to expand by 30,000 square feet within a year.
- Hong Kong Exchanges and Clearing Ltd.
- Hong Kong Exchanges and Clearing Ltd. (HKEX) owns the London Metal Exchange (LME). Its chairman, Carlson Tong, stated that eight warehouse facilities have been approved in Hong Kong as an LME delivery location since April. Tong noted that approximately 30% of LME trading volume originates from China.
- China Resources Logistics Group Ltd.
- China Resources Logistics Group Ltd. is a unit of China Resources Group. They operate a newly certified LME-approved warehouse facility in Hong Kong jointly with Singapore-based GKE Metal Logistics Pte. Ltd. This 10,000-square-foot facility, located at Runfa Wharf, is the only LME-approved site in Hong Kong with a 10-ton-capacity pier for water-based shipments. It reached full capacity within a week, with expansion plans for an additional 30,000 square feet.
- GKE Metal Logistics Pte. Ltd.
- GKE Metal Logistics Pte. Ltd. is a Singapore-based company that operates a newly certified warehouse in Hong Kong. This facility is operated jointly with China Resources Logistics Group Ltd. and has been approved for the delivery of various metals through the London Metal Exchange (LME). Its establishment is a strategic step to integrate Hong Kong into the global commodities trading ecosystem.
- January 2025：
- The LME designated Hong Kong as its newest licensed delivery location.
- Since April 2025：
- Eight warehouse facilities in Hong Kong were approved and put into service as LME-certified warehouses.
- Mid-July 2025：
- A new 10,000-square-foot LME-approved warehouse at Runfa Wharf, West Kowloon, opened and reached full capacity in less than a week.
- August 19, 2025：
- An inauguration ceremony was held for the newly certified warehouse jointly operated by China Resources Logistics Group Ltd. and GKE Metal Logistics Pte. Ltd.; Paul Chan and Carlson Tong spoke at the event.
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