Can you give us the estimated chamber pressure for these loads?
Found this on the Sierra site
They also list these bullets for the .308
So they list the .308 as one of the "offspring" of the 7.62X51, not as the same cartridge, and produce bullets for the .308 that are far heavier than those used for 7.62X51 Ball ammunition for use in infantry rifles.
US Bolt action Sniper Rifles of today are militarized versions of Civilian .308 rifles, not converted WW2 rifles, so they would be proof tested to the same standards as the SAAMI requirements for the .308 rather than the less stringent requirements of the NATO cartridge.
As I said earlier
Thats "Low End" loadings, you can check the handloading data manuals and find many "low end" .308 loads that generate pressures far below the average pressures of either the top end .308 or 7.62 NATO pressures, just as you can find lower pressure loadings for practically any cartridge.
If the M118 Special Ball generates 62,000 PSI then it would not meet NATO maximum chamber pressure specs for Great Britian. M118 Special Ball would not be aproved for use in 7.62 rifles proof tested according to
British
regulations.
It may be aproved for use in their most modern Sniper Rifles, but nothing indicates that it is acceptable for use in the L42 or any Converted WW2 era action.
The same information is available from the British MOD, pressures there are expressed in "Bar" each Bar=14.5 PSI.