News
04 September 2024

Trafigura struck $400m cash-for-iron ore deal with MinRes

In:
Metals and Mining
Region:
Asia-Pacific

Trafigura has struck a $400 million prepayment deal for iron ore with Mineral Resources, as the Australian miner focuses on preserving cash amid a downturn in its two main commodities.The prepayment was reported by Mineral Resources in July but the Perth-based company did not say who the buyer was...

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