Ardee Industries’ lead brand achieves global milestone with London Metal Exchange Listing
Ardee Industries’
lead brand achieves global milestone with London Metal Exchange Listing
Ardee Industries
Limited (the “Company”) has reached a significant global milestone with the
listing of its pure lead brand, “Ardee Lead 9997”, on the London Metal Exchange
(LME), a global benchmark platform. LME has approved Ardee Lead 9997 as “good
delivery” against its Lead Contract with effect from December 23, 2025, which
reflects the Company’s adherence to stringent international standards relating
to product quality, consistency, traceability and responsible production
practices.
The London
Metal Exchange is the world centre for the trading of industrial metals, the
majority of all non-ferrous metal futures business is transacted on its
platforms. (Source: https://www.lme.com/en/about?sc_camp=8B7AEB5E26784CA4F20FFDECD42BF35C) This
international recognition builds on Ardee Industries’ strong domestic
positioning. The Company’s brand “Ardee” is already listed on the Multi
Commodity Exchange of India (MCX), platform which provides customers and
commodity traders a platform to purchase and trade in our product, pure lead.
Listing on MCX establishes our Company’s credibility and competitiveness,
facilitates establishing transparent benchmark price for our products, pure
lead, enables hedging against price risks and improved market visibility. We
believe that listing on the LME will further establish our Company’s
credibility and competitiveness in the international markets, provide global
price benchmarking of our products.
Ardee Lead 9997 is
produced at the Company’s manufacturing facilities with an approved annual
capacity of 104,025 MTPA as of March 31, 2025, supplying high-purity lead
ingots that meet global delivery specifications. As of March 31, 2025, the Company
served more than 50 customers and its product portfolio comprises of pure lead
and lead alloys such as lead calcium alloys, lead antimony alloys, lead tin
alloys, lead silver alloys and lead cadmium alloys which find applications in
critical industries such as energy storage, e-mobility, automotive and
chemicals.
The Company exported
products to customers based in seven (7) countries including Singapore, Hong
Kong, South Korea, Switzerland, United Arab Emirates, Japan and United States
of America. The LME listing is expected to further accelerate sales growth by
expanding Ardee Industries’ addressable market beyond India, allowing
international customers to source its products against globally recognised
benchmarks.
From a credibility
standpoint, the dual presence on MCX and LME positions Ardee Industries as an
institutionally acceptable supplier in both domestic and international markets.
Overall, the LME
listing of Ardee Lead 9997 aligns with Ardee Industries’ long-term strategy of
driving sustainable sales growth, deepening export penetration and integrating
more closely into global supply chains, while continuing to deliver consistent
value to customers, partners and stakeholders.
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