LS MnM, Only Korean Company to Receive LBMA Gold Refining and Assaying Technical Assessment Certification

LS MnM is the Only Domestic Company with PAM Certification in the Gold Sector

LS MnM announced on October 1 that it has renewed its Gold and Silver Refining and Assaying Technical Assessment (PAM) certification, conducted by the London Bullion Market Association (LBMA), for the third consecutive time as of September 18. LS MnM is the only domestic company to hold the PAM certification in the gold sector.

The LBMA, headquartered in London, United Kingdom, is the world’s most authoritative organization in the precious metals market. It rigorously evaluates product quality and ESG (Environmental, Social, and Governance) compliance to select Good Delivery List (GDL) suppliers. Being listed on the GDL serves as a representative mark of trust in the international gold and silver spot market, providing significant product competitiveness globally.

LS MnM LBMA Gold Refining and Assaying Technology Assessment (PAM) Certificate. LS MnM

PAM is a technical assessment conducted every three years to guarantee the reliability and enhance the reputation of companies listed on the LBMA GDL. To obtain certification, companies must meet LBMA’s stringent technical requirements in refining and assaying. Only certified companies can maintain their GDL status. Notably, LS MnM, which produces precious metals with a purity of 99.99% or higher, underwent an even more rigorous analytical evaluation than other refineries. As a result of the assessment, all samples were verified with an analysis difference within 0.005%, earning LS MnM a “Full Pass” rating, the highest level of approval.

This PAM certification renewal is significant as it demonstrates LS MnM’s outstanding capabilities in precious metals production and quality management. Along with its Responsible Gold and Silver Certificate, LS MnM has succeeded in maintaining its LBMA GDL status for 13 consecutive years in gold and 10 consecutive years in silver. Having received high marks for both quality and ESG, the company has strengthened its competitiveness in the global market, where demand for gold and silver is rising.

An LS MnM representative stated, “Through this certification, we have received high evaluations not only for our ESG implementation but also for our technical capabilities. We will further enhance our competitiveness in the precious metals sector through continuous quality improvement and stricter adherence to ESG standards.”