Trafigura to set up Toronto trading office – sources

Trafigura is set to open an office in Toronto, Canada, to help foster links with mining companies based in the region, sources told Fastmarkets.

The office will be helmed by zinc and lead concentrates trader Daniel von Arx, the sources said.

Trafigura declined to comment.

The eastern city of Toronto acts as a home for the marketing departments of many global mining companies with listings on the Toronto Stock Exchange, including Hudbay Minerals, Teck Resources and Lundin Mining.

The office will be Trafigura’s second in Canada, the other being an energy-focused desk in Calgary in the west of the country.

What to read next
Explore the base metals outlook 2026 and learn how market trends are impacting copper, tin, and other metals this year.
On Wednesday December 3, the EU unveiled its ReSourceEU Action Plan, providing new guidance on critical raw materials supply, with a renewed emphasis on defense and $3.5 billion in funding for the coming year.
Fastmarkets proposes to amend the pricing frequency of its copper grade A cathode premium, delivered Germany; copper grade A cathode premium, cif Leghorn; and copper EQ cathode premium, cif Europe to one a week from the current fortnightly basis, effective December 30.
Fastmarkets will launch a new weekly price assessment for tungsten concentrate, basis 50-70% WO3, spot price, $/mtu WO3 on Friday December 19, with a slight amendment to the originally proposed incoterms. Based on feedback from market participants, Fastmarkets will now launch a price assessed on a CIF global basis, rather than on a CIF Rotterdam […]
Find out how copper smelters are addressing demand challenges with innovative strategies at the Resourcing Tomorrow conference.
Explore Mercuria's new African copper joint venture with Gecamines, enhancing copper trade transparency and pricing.