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.