News

Taxpayers look likely to be hit for hundreds of millions of dollars to prop up two smelters — which happen to be owned by one of the world's most scandal-plagued multinationals.
Trafigura’s head of strategic projects Julien Rolland is set to leave the commodities trader, in the latest high-profile departure from the global firm as new boss Richard Holtum begins to make ...
Investing.com -- Trafigura on Thursday reported a slight increase in its net profit for the first half of its 2025 financial year, rising to around $1.52 billion.
Trafigura and rival traders Vitol, Gunvor and others saw their profits fall in 2024, as the boom period of 2022-2023 ended. This was due to the recovery from the pandemic and the commodity price ...
Trafigura Group’s $1.1 billion loss in a suspected multi-year fraud in Mongolia was a “humbling experience,” the trading giant’s new chief said in his first public comments on the scandal.
An investment agreement worth $1.6 billion will see France’s Orano Group and Mongolia’s MonAtom Group jointly develop the Zuuvch-Ovoo uranium mine.
Global commodities trader Trafigura posted a 62% plummet in profits in 2024, as it continues to investigate a $1 billion fraud scandal engulfing its Mongolia oil business.
But the figure was down from $7.3bn in 2023 due to a provision of $1.1bn after Trafigura uncovered “serious misconduct” by staff involved in its Mongolian petroleum products supply business.
Global commodities trader Trafigura posted a 62% plummet in profits in 2024, as it continues to investigate a $1 billion fraud scandal engulfing its Mongolia oil business. The Singapore-based ...
Trafigura revised its 2022 and 2023 earnings and group equity to reflect the Mongolia loss. 2022 was revised to $6.8 billion compared with $7 billion and 2023 was revised down to $7.3 billion from ...