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
Spot demand for aluminium is softening and Rotterdam premiums now, at the end of September 2022, are at a nine-month low, so market participants are considering whether Europe remains an attractive destination for imports
Hydro will partially curtail aluminium production at Hydro Karmøy and Hydro Husnes in Norway, the company announced on Tuesday, September 27.
Conversations and panel discussions at the Institute of Scrap Recycling Industries Roundtables in Chicago on September 14-16 largely centered around market uncertainty and navigating complex geopolitical landscapes during a time of energy transition and low domestic demand
The copper market faces macro-economic-related headwinds from the turmoil currently affecting economies worldwide, multinational commodities trader Concord Resources’ research manager, Duncan Hobbs, told delegates at the Fastmarkets Copper Conference in Barcelona, Spain, this month
Eagle Metals Inc is looking to diversify its copper and stainless steel supply chains in the face of soaring energy costs and rising demand, which could create supply deficits, according to the specialty reroll mill’s top executive
Base metals prices on the London Metal Exchange were mostly lower during morning trading on Monday September 26, with the strong dollar and demand concerns still weighing on the market
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.