Trafigura

Grizzly Looking Toward the Green Future at Robocop

Retrieved on: 
Thursday, September 9, 2021

Commodities trader Trafigura Group adds that the deficit could grow to 10 million metric tons annually if no new mines are built.

Key Points: 
  • Commodities trader Trafigura Group adds that the deficit could grow to 10 million metric tons annually if no new mines are built.
  • Registrations of EVs increased by 41% during the year, while those of non-electric cars actually dropped by 16% due to the pandemic.
  • There can be little doubt that the future for vehicles is electric.
  • To view an enhanced version of this graphic, please visit:
    As an exploration company, Grizzly is well-positioned for a potential business combination with a large multinational.

Green Cement Inc. Appoints Materials Executive to Lead Expansion

Retrieved on: 
Monday, August 16, 2021
VHSC, Multimedia, Corporation, National Mining Association, CEO, Harvard College, Achievement, Portland cement, Pozzolan, Company, Department of transportation, Transport, GFG Alliance, Carbon, Department, LLC, Trafigura, View, Board, Growth, DOT, Technology, Mining, Board of directors, Cement, Harvard Business School, State, Adoption, East African Portland Cement Company, Industry, JPMorgan Chase, American Management Association, Management

THE WOODLANDS, Texas, Aug. 16, 2021 /PRNewswire/ -- Green Cement Inc fka VHSC, has appointed prominent mining and materials executive, Grant Quasha, to lead its global expansion drive.

Key Points: 
  • THE WOODLANDS, Texas, Aug. 16, 2021 /PRNewswire/ -- Green Cement Inc fka VHSC, has appointed prominent mining and materials executive, Grant Quasha, to lead its global expansion drive.
  • John Preston, Chairman of Green Cement said: "We are very excited about having Grant lead the company's ambitions growth plans.
  • Pozzolanic Cement was replaced by Portland Cement almost 200 years ago because Portland Cement sets faster in one day than Pozzolanic Cement.
  • Green Cement reengineered Pozzolanic Cement to make it react faster matching the one-day performance of Portland Cement.

Santacruz Completes Acquisition of Zimapan Mine and Debt Financing

Retrieved on: 
Monday, April 26, 2021
Minera, The Lordship of Bromfield and Yale, Trafigura

b'Vancouver, British Columbia--(Newsfile Corp. - April 26, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to report that it has completed the previously announced acquisition of the Zimapan mine assets from Minera Cedros, S.A. de C.V. ("Minera Cedros"), a wholly owned subsidiary of Grupo Pe\xc3\xb1oles.

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - April 26, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to report that it has completed the previously announced acquisition of the Zimapan mine assets from Minera Cedros, S.A. de C.V. ("Minera Cedros"), a wholly owned subsidiary of Grupo Pe\xc3\xb1oles.
  • The US$2.6 million balance of the Trafigura Loan Facility represents the refinancing of existing debt owing to Trafigura Mexico by Carrizal and an affiliate (Impulsora Minera Santacruz, S.A. de C.V.).
  • Beyond the mineralized zones currently being mined, management believes there is great untapped potential contained in the Zimapan mine\'s 5,000 hectares of mining claims.
  • Mr. Silva continued, "I want to thank everyone at Grupo Pe\xc3\xb1oles for demonstrating constant support and professionalism throughout this process.

Bboxx and Trafigura to accelerate progress on UN SDG 7 in Africa

Retrieved on: 
Thursday, February 4, 2021
Home Goods, Retail, Alternative energy, Data management, Energy, Manufacturing, Consumer electronics, Technology, Mining, Minerals, Natural Resources, Other Manufacturing, Software, Networks, Other Energy, Utilities, Mobile, Wireless, Articles, Sustainable development, United Nations, Economy, Trafigura, Sustainable Development Goal 7, Sustainable Development Goals, Commodity, Bboxx, Trafigura

Bboxx , a next generation utility, is partnering with Trafigura, one of the worlds leading independent commodity trading companies, to accelerate progress on meeting United Nations Sustainable Development Goal 7 (UN SDG 7) clean energy for all in Africa.

Key Points: 
  • Bboxx , a next generation utility, is partnering with Trafigura, one of the worlds leading independent commodity trading companies, to accelerate progress on meeting United Nations Sustainable Development Goal 7 (UN SDG 7) clean energy for all in Africa.
  • This landmark agreement brings together complementary expertise to fast-track progress on clean cooking access in Africa.
  • As a global leader in LPG, Trafigura will play a major role in the future supply growth of LPG across Africa.
  • Trafigura has achieved substantial growth over recent years, growing revenue from USD12 billion in 2003 to USD147 billion in 2020.

DGAP-News: ADM Energy PLC: ADM extends agreement with Trafigura

Retrieved on: 
Friday, January 29, 2021
Trafigura, ADM, Commodity, Companies, Business, Articles

ADM Energy PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing company with an existing asset base in Nigeria.

Key Points: 
  • ADM Energy PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing company with an existing asset base in Nigeria.
  • ADM Energy holds a 9.2% profit interest in the Aje Field, part of OML 113, which covers an area of 835km offshore Nigeria.
  • Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world.
  • Trafigura has achieved substantial growth over recent years, growing revenue from USD12 billion in 2003 to USD147 billion in 2020.

Gevo Options Site for Expansion Project

Retrieved on: 
Monday, December 21, 2020
Biofuel in the United States, Gevo, Inc, Primary dealers, Subprime mortgage crisis, Citigroup, Trafigura, Companies, Economy of New York City, Banks

Gevo intends to make a decision on whether to purchase the Lake Preston site in the future as part of the Citigroup led project financing.

Key Points: 
  • Gevo intends to make a decision on whether to purchase the Lake Preston site in the future as part of the Citigroup led project financing.
  • We like the scale of plant that could be built at the Lake Preston site, it has the potential to produce large amounts of our products.
  • It also has room to expand further, or add other businesses, said Patrick R. Gruber, Gevos Chief Executive Officer.
  • A copy of the contract between Gevo and Trafigura was filed with the U.S. Securities and Exchange Commission on Form 8-K on August 20, 2020.

Aura Announces New and Improved Offtake Agreement with Trafigura starting in 2022

Retrieved on: 
Thursday, November 19, 2020
Trafigura, IXM, Business, Economy, Industries

In connection with the completion of the bidding process, Aranzazu has entered into an offtake agreement (the New Agreement) with Trafigura Mxico, S.A. de C.V. (Trafigura), pursuant to which Trafigura has agreed to purchase 100% of the copper and gold concentrate produced at Aranzazu during the term of the New Agreement.

Key Points: 
  • In connection with the completion of the bidding process, Aranzazu has entered into an offtake agreement (the New Agreement) with Trafigura Mxico, S.A. de C.V. (Trafigura), pursuant to which Trafigura has agreed to purchase 100% of the copper and gold concentrate produced at Aranzazu during the term of the New Agreement.
  • The New Agreement is effective as of the beginning of 2022 and continues until the end of 2024.
  • The current offtake agreement in place with IXM Metals (the Existing Agreement) will remain in force until the end of 2021.
  • Now, we were able to improve the conditions of our offtake agreement, taking advantage of a competitive process and favorable market conditions.

Kosmos Energy Strengthens Liquidity Position With Closing of $200 Million Gulf of Mexico Facility

Retrieved on: 
Monday, October 5, 2020
Oil, Gas, Energy, Bodies of water, Landforms, Gulf of Mexico, Mexico–United States border, Oceans, Kosmos Energy, CSG Investments, Inc. / Beal Bank / Beal Bank USA, Trafigura

Kosmos has restructured its previously announced Gulf of Mexico prepayment facility into a five-year $200 million term-loan facility secured against the Companys U.S. Gulf of Mexico assets.

Key Points: 
  • Kosmos has restructured its previously announced Gulf of Mexico prepayment facility into a five-year $200 million term-loan facility secured against the Companys U.S. Gulf of Mexico assets.
  • The closing and syndication of the Gulf of Mexico facility enhances the companys strong liquidity position with access to low-cost, flexible financing.
  • As of September 30, 2020, following the closing of the Gulf of Mexico facility, the Company has approximately $650 million of available liquidity ahead of the conclusion of the fall RBL redetermination which we expect to conclude shortly.
  • Kosmos is a full-cycle deepwater independent oil and gas exploration and production company focused along the Atlantic Margins.

Court Rules in Landmark Decision: Federal Tax on Crude Oil Exports Unconstitutional

Retrieved on: 
Thursday, September 24, 2020
Professional services, Courts, Public policy, Government, Oil, Gas, Legal, Energy, Accounting, Trafigura, Oil Pollution Act, Natural environment, Nature, Petroleum industry, Excise tax in the United States

domestic crude oil .

Key Points: 
  • domestic crude oil .
  • The taxes are one of the sources of funding of the Oil Spill Liability Trust Fund, enacted as part of the Oil Pollution Act of 1990.
  • For the tax periods in question, Trafigura paid over $4.2 million in taxes on its crude oil exports.
  • That was not the case in United States v. U.S. Shoe Corp., where, in 1998, the Court struck down a Harbor Maintenance Tax on commercial exports as unconstitutional under the Export Clause.

Gevo Exceeds $1.5B in Long-Term Revenue Contracts with Signing of Trafigura

Retrieved on: 
Thursday, August 20, 2020
Trafigura, Commodity, Gevo, Inc, Business, Energy

Trafigura is one of the worlds leading independent commodity trading companies with over $171B and over $54B in revenue and assets, respectively.

Key Points: 
  • Trafigura is one of the worlds leading independent commodity trading companies with over $171B and over $54B in revenue and assets, respectively.
  • The Agreement will also enable Trafigura to supply SAF to both US and international customers whose interest is growing in low-carbon jet fuel.
  • This is our largest single contract to date, and with it, brings Gevo to over $1.5B of revenue in long term contracts when added to the other contracts we have in place.
  • Trafigura has achieved substantial growth over recent years, growing revenue from USD12 billion in 2003 to USD171.5 billion in 2019.