Trafigura is using late founder as scapegoat on bribes, son says
The family of Trafigura Group’s late founder Claude Dauphin has accused the trading house of using him as a “scapegoat” in its US corruption case, in an unprecedented public rebuke.
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Trafigura delivers zinc to LME warehouses for lucrative rent deals
Commodity trader Trafigura has delivered large amounts of zinc to London Metal Exchange warehouses in Singapore under lucrative rent-sharing deals, three sources familiar with the matter said, pushing stocks there back towards November’s 20-year peak.
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Visit: 71
Trafigura delivers zinc to LME warehouses for lucrative rent deals
Commodity trader Trafigura has delivered large amounts of zinc to London Metal Exchange warehouses in Singapore under lucrative rent-sharing deals, three sources familiar with the matter said, pushing stocks there back towards November’s 20-year peak.
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Visit: 96
Trafigura-backed nickel mine seeks new partner for bailout
A major nickel operation backed by Trafigura Group will need support from a new investor after the trading giant declined to contribute more funds as part of a French government rescue package for the struggling New Caledonian mining industry.
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Trafigura’s copper uber-bull departs as metals drama drags on
Mining News Pro - Kostas Bintas, the former co-head of metals at commodity trading giant Trafigura Group, is leaving the company after being demoted in a September reshuffle that capped a turbulent year for the division.
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Visit: 189
Trafigura denies knowing that nickel deals with Gupta were fake
Mining News Pro - Trafigura Group denied that it or any of its employees were aware that deals with businessman Prateek Gupta involved anything other than nickel, in the latest salvo in a fraud case that has rocked the metals industry.
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Visit: 112
Trafigura’s $600 million cobalt play faces cash crunch in Congo
Mining News Pro - Trafigura Group has been forced to seek new funding for one of its flagship investments — a $600 million copper-cobalt project in the Democratic Republic of Congo — in the latest headache for the trading house’s embattled metals business.
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Visit: 206
Alleged fraudster Gupta says Trafigura ‘devised’ nickel scheme
Mining News Pro - The man accused by Trafigura Group of being behind a $590 million nickel fraud finally responded to the allegations, claiming that Trafigura itself “devised and proposed” the scheme.
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Trafigura says accused fraudster’s wife not a bystander
Mining News Pro - Commodities trader Trafigura Group, which is investigating a $577 million nickel fraud, had an asset freeze extended to the alleged fraudster’s wife, saying in a London court that she is not a “wholly innocent bystander.”
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Visit: 208
Trafigura tells its banks they aren’t exposed to nickel fraud
Mining News Pro - Trafigura Group is briefing lenders that none of its banks have direct exposure to the nickel deals at the center of what the commodity trader is calling a systematic fraud perpetrated against it.
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Visit: 236
Trafigura plans to take large amounts of LME copper
Mining News Pro - Commodity trader Trafigura is planning to take large amounts of copper from London Metal Exchange registered warehouses, two people familiar with the matter said, adding that the metal was likely to remain in Europe.
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Visit: 198
Battery boom pulls trading giant Trafigura into lithium business
Mining News Pro - Trafigura Group said its plan to invest in a new UK lithium refinery will mark the start of the trading giant’s foray into buying and selling the crucial battery metal.
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Visit: 485
Trafigura nearly doubles profit to hit record in FY 2021
Mining News Pro - Global commodity trader Trafigura Group made a record net profit for a second year running in its 2021 financial year after a strong performance across divisions and significant energy market dislocations.
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Visit: 481
Trafigura bets on green-nickel squeeze in defiance of China cure
Mining News Pro - Just weeks after a novel production method upended the nickel market, two of the top names in the battery-supply chain made a play that suggests the world’s worries over sourcing cheap, clean supplies of the metal are far from over.
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Visit: 468
Trafigura inks cobalt deal with DRC artisanal miners
Mining News Pro - Commodities trader Trafigura has inked an agreement with the Congolese government to help improve conditions at informal mine sites in return for cobalt supplies.
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Visit: 640
Trafigura inks DRC cobalt offtake deal that benefits artisanal miners
Mining News Pro - Commodities trading group Trafigura has signed an offtake deal to buy cobalt from Entreprise Générale du Cobalt (EGC) – the Democratic Republic of Congo’s (DRC’s) State-owned buyer that markets cobalt from artisanal miners.
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Aura signs new offtake deal with Trafigura
Mining News Pro - Minerals has completed a competitive bidding process for a new offtake agreement for copper and gold concentrate from its Aranzazu mine, in Mexico.
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Visit: 569
Trafigura plans to restart Congo copper mine
Mining News Pro - Trafigura intends to restart its copper mine in Democratic Republic of Congo, the prime minister`s office said following a meeting with the commodity trader on Thursday.
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Visit: 693
Nornickel and Trafigura test metal trading using tokens
Mining News Pro - MMC Norilsk Nickel PJSC, the biggest palladium and refined nickel producer, has started testing a platform for digital metal tokens that may eventually account for a fifth of its sales.
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Visit: 1042
Trafigura accused of throttling Nyrstar with lopsided zinc deals
Mining News Pro - Commodities trader Trafigura Group Ltd. used its influence at Nyrstar NV, one of the world’s biggest zinc refiners, to undermine the company and unfairly enrich itself, a group of Nyrstar shareholders has alleged.
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Visit: 1042