Newsletter: LPPM Responsible Platinum and Palladium Sourcing

We have successfully completed the first full year of LPPM Responsible Sourcing Audits.

29 March 2021

As you may already be aware, we have successfully completed the first full year of LPPM Responsible Sourcing Audits.

We would like to express to all the refiners on our Good Delivery List our sincere thanks for their cooperation during this first and very challenging year. Similarly, we thank all the Approved Service Providers for their help and efforts during 2020.

The Responsible Sourcing Review Committee has monitored and reviewed all the first-year audits and decided that now is a good time to assess the LPPM Guidances against our experience. We have examined their relevance to the Platinum Group Metal Industry and made minor alterations to suit the characteristics of the industry. We have also corrected any ambiguities or language where required.

The main difference is in the most important area of supply chain due diligence. Following OECD recommendations and assurance auditing trends. We want to emphasise to LPPM Good Delivery Refiners and Approved Service Providers that due diligence is required not just with the first counterparty in the supply chain but, as far as possible, in the chain as a whole. This includes counterparties where the refiner is in a joint venture.

The new Guidances will appear on the LPPM website very shortly and are valid from March 2021.

LPPM Responsible Sourcing Review Committee

Latest News

27 March 2024

Newsletter: LPPM Good Delivery Lists

We are pleased to announce that Shenzhen Cuilu Gold Refinery Co., Ltd. has successfully completed all the relevant criteria to be admitted to the LPPM’s Platinum and Palladium Lists of Good Delivery Refiners.

Tags: responsible-sourcing

Read more

15 August 2023

Newsletter: LPPM Good Delivery Lists

Sibanye-Stillwater / Western Platinum (PTY) Ltd., has successfully been admitted to the LPPM’s Palladium List of Good Delivery Refiners.

Tags: responsible-sourcingSponge Accreditation

Read more

26 April 2023

Newsletter - New LPPM Referee Appointment

We are pleased to announce that Heraeus Deutschland GmbH & Co. KG has been appointed as a referee to the LPPM.

Tags: responsible-sourcingSponge Accreditation

Read more

16.6522