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25 October 2024
in
Other

SMBC launches Product Development & Governance function

SMBC has established a new function within its Global Trade Finance Department covering “Product Development & Governance”. This unit, which will be known...

17 October 2024
in
Transport

Al Seer Marine secures $80m for MR tankers

Abu Dhabi-headquartered Al Seer Marine has secured $80 million in financing from BOCOM Financial Leasing, a subsidiary of China's Bank of Communications, for its...

10 October 2024
in
Metals and Mining

Canada announces funding for critical mineral projects

Canada's Energy and Natural Resources Minister Jonathan Wilkinson announced funding for five infrastructure projects to support the development of critical minerals...

16 September 2024
in
Telecoms and Communications

Aramco partners with US group on giant data centre

Saudi Aramco is partnering with AI start-up Groq to build a giant data centre in Saudi Arabia as the oil giant attempts to diversify away from the fossil fuel. It is...

09 September 2024
in
Metals and Mining

Nexus raises A$4.1m for Wallbrook project

Nexus Minerals has received firm commitments for a placement of new fully paid ordinary shares to raise A$4.1 million (about $2.7 million) to support its Wallbrook...

02 September 2024
in
Metals and Mining

Teck restructures to support energy transition metals growth

Teck Resources has unveiled a new business structure to support its shift to a pure-play energy transition metals company.The new business structure organises Teck around...

29 July 2024
in
Metals and Mining

Bellevue announces discounted capital raise

Bellevue Gold has received firm commitments for a A$150 million (about $98 million) fully underwritten share placement to institutional investors at A$1.55 per...

23 July 2024
in
Manufacturing & equipment

H&W gets a no from UKEF

Troubled UK shipbuilder Harland & Wolff has had its application for a £200 million ($258 million) UKEF export development guarantee declined.According to...

22 May 2024
in
Metals and Mining

Patriot Battery secures C$75m via charity flow offering

Patriot Battery Metals has received commitments to raise approximately C$75 million ($55 million) through a fully subscribed charity flow-through offering. The offering...

20 May 2024
in
Metals and Mining

Alpha HPA reaches FID on stage two of HPA First project

Alpha HPA has unveiled plans to build the largest single-site high purity alumina (HPA) products refinery in Gladstone, Queensland. The company has made a FID on stage...

16 May 2024

QPM secures A$19.1m through share placement

Queensland Pacific Metals has secured A$19.1 million ($12.7 million) through a share placement to institutional and sophisticated investors.Foster Stockbroking and Bell...

07 May 2024

TXF-TFG podcast: A decade of commodity finance

Ahead of TXF’s Global Commodity Finance Conference in Amsterdam on 22-23 May 2024, Trade Finance Global’s (TFG) Deepesh Patel (DP) spoke with Jonathan Bell (JB),...

18 April 2024

Shylene Tan passes away after illness

Shylene Tan, director in loan syndications at ANZ, has sadly passed away after a period of illness. Shylene was a well-loved and respected figure at ANZ as well as in the...

12 April 2024
in
Power, Renewables

Pacific raises A$350m for off-grid projects

Pacific Energy has completed a new A$350 million ($225 million) debt facility to fund the roll out of remote and off-grid renewable energy systems.The latest facility...

03 April 2024

Akbank tightens pricing on annual refi

Akbank is set for a significant pricing drop on its traditional spring loan refinancings. The new one-year trade finance on-lending facility comprises both dollar- and...

22 March 2024

Kimura to start new commodity hedge fund

Kimura Capital, a London-based provider of trade finance credit for commodities, is starting a hedge fund as it looks to capitalize on resurgent investor interest in...

08 March 2024
in
Chemicals/Petrochemicals, Oil & gas, Other, Power, Renewables, Transport

Drilling into the data: Export finance 2023 report out now

The publication of TXF Intelligence’s export finance data report for 2023 confirms the headlines – it was a very productive year for the industry. Read on to find the...

19 February 2024
in
Metals and Mining

Cosmo exercises option to acquire Kanowna project

Gold and base metals exploration company Cosmo Metals will acquire the Kanowa Gold Project, located adjacent to the seven-million-ounce Kanowa Belle gold mine, north-east...

16 February 2024
in
Oil & gas

BP and ADNOC to form gas JV in Egypt

BP and ADNOC will form a joint venture in Egypt that will initially focus on natural gas.The JV, expected to be formed in the second half of this year, will be 51% owned...

29 January 2024
in
Renewables

NexWafe evaluates US wafer production

NexWafe GmbH has formed a US subsidiary to evaluate the development of solar wafer production in the US with an initial target production volume of 6GW.The North American...