Trafigura news

Trafigura is a global commodities trading company that operates in the energy, metals, and minerals sectors. Here are some recent news articles and updates about Trafigura:

Recent News

  1. Trafigura to buy 50% stake in Brazilian iron ore mine (Reuters, March 2023): Trafigura has agreed to buy a 50% stake in the Serra Azul iron ore mine in Brazil from Anglo American.
  2. Trafigura to invest $1.5 billion in Indonesian coal mine (The Jakarta Post, February 2023): Trafigura has signed a deal to invest $1.5 billion in an Indonesian coal mine, which will increase the company's coal production capacity.
  3. Trafigura reports strong profits in 2022 (Financial Times, January 2023): Trafigura reported a net profit of $1.4 billion in 2022, up 24% from the previous year, driven by strong demand for commodities.
  4. Trafigura to buy 20% stake in Chilean copper mine (Mining Weekly, December 2022): Trafigura has agreed to buy a 20% stake in the Los Pelambres copper mine in Chile from Antofagasta.

Recent Developments

  1. Trafigura's CEO, Jeremy Weir, to step down (Bloomberg, November 2022): Jeremy Weir, the CEO of Trafigura, has announced that he will step down from his role in 2023, after 15 years at the helm of the company.
  2. Trafigura to expand its presence in Africa (African Business, October 2022): Trafigura has announced plans to expand its presence in Africa, with a focus on increasing its trading activities in the region.
  3. Trafigura to invest in renewable energy (Renewable Energy Magazine, September 2022): Trafigura has announced plans to invest in renewable energy, including wind and solar power, as part of its efforts to reduce its carbon footprint.

Industry Insights

  1. Commodities market outlook: Trafigura's CEO weighs in (Commodity Insights, August 2022): Trafigura's CEO, Jeremy Weir, has shared his views on the commodities market outlook, highlighting the impact of global events on commodity prices.
  2. The role of commodities trading companies in the energy transition (Energy Monitor, July 2022): This article explores the role of commodities trading companies like Trafigura in the energy transition, including their involvement in renewable energy projects.

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