Metals Market Index "MMi" is a price reporting agency "PRA", based in Singapore, specializing in compiling and publishing spot price benchmarks for

commodity markets around the world. It is an impartial organization with no involvement in the production or trading of commodities. MMi applies a

rigorous, data-driven methodology to compile indices that reflect average spot market prices. As of May 20th 2020, MMi's iron ore indices have

successfully completed an assurance review of the

Principles for Financial Benchmarks published by the International Organization of Securities Commissions (IOSCO).