View full page at metalsmine.com

 

Trafigura traders share $3bn payout on record profit

From miningweekly.com

Trafigura Group paid $3-billion to its top traders and executives as the commodity trading giant notched up a fresh record profit in the six months to March. The payout — Trafigura’s highest ever — is the latest evidence of how a small group of commodity traders have shared an unprecedented bounty on the back of the energy crisis triggered by Russia’s invasion of Ukraine. Trafigura reported net profit of $5.5-billion in the six months to March, up 108% from the same period a year earlier and the third successive half year in which it has reported record earnings. The results came even as the company, one of the ... (full story)

Story Stats

  • Posted:
  • Category: Metals Industry News