Global Commodities Holdings to offer Nickel Premium and Manganese Ore markets on its metals trading screen

Global Commodities Holdings Ltd^TM (GCH) announced today the expansion of its metals trading platform to include Nickel Premiums and Manganese Ore markets.

In Nickel, trading platform participants will bid and offer for the physical delivery of Class 1 Nickel full plate cathodes, cut cathodes, briquettes, powder, pellets or rounds, with optionality on the material’s origin and delivery point. Contracts will be priced as a premium to the LME Monthly Average Settlement Price (MASP), allowing either side to manage basis price risk via the London Metal Exchange.

“We’re delighted to be bridging the gap between the detail of a bilateral transaction and the liquidity of a world-class exchange”, explained Global Commodities Holdings CEO Martin Abbott. “On the GCH platform, buyers and sellers can transact the physical nickel that meets their real-world needs, yet benefit from the reach provided by our transparent trading environment.”

In Manganese, GCH’s platform will allow participants to buy or sell South African-origin Manganese Ore (36% Mn), delivered CIF Tianjin, China. As liquidity develops, these verifiable pricing points will contribute to the formation of reliable price markers that will bring much needed transparency to the trade of manganese ore. The markets for Nickel Premiums and Manganese Ore are now live on the GCH trading platform.

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About Global Commodities Holdings

Global Commodities Holdings (GCH) has been transforming commodity markets since 2000. globalCOAL®, GCH’s first venture, helped improve transparency and price visibility in the international coal markets, and led to the establishment of the NEWC Index as the reference price for thermal coal in Asia-Pacific. Global Commodities Holdings is now bringing its model of market development to the global trade of commodity metals, including Class 1 Nickel, manganese ore, and more to come.

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_DISCLAIMERS

_{Global Commodities Holdings (“GCH”) is a company incorporated in England and Wales, authorised and regulated by the UK Financial Conduct Authority (FCA) and the National Futures Association (NFA) in the USA. The Company provides regulated services to professional clients only. GCH is also authorised and registered with the FCA as a benchmark administrator in respect of the Benchmarks. In the USA, GCH is registered as an introducing broker with the NFA, which allows it to extend broking services to US clients. In Singapore, the Company acts as a broker and provides an organised market under an exemption, granted by the Monetary Authority of Singapore (MAS) in 2015, from the requirement for it to hold a Capital Markets Services licence.}

_{The London Metal Exchange (the “LME”) is a company incorporated in England and Wales.  It is not related to Global Commodities Holdings.  It owns LME MASP and the “LME” and all associated trademarks and reserves all rights in and to the foregoing.  Market participants must ensure they have the right to use and/or refer to LME property before engaging in any trading or other activity.  The LME has not reviewed or approved this announcement or any of the arrangements referred to therein and does not endorse or accept any liability whatsoever in relation thereto.}