Latest Development
Trafigura signed the EGC/EVelution MOU in Madrid on 13 May 2026 for a direct US-DRC cobalt supply chain. Trafigura holds a stake in the Lobito Atlantic Railway, with the $753m financing package closed in December 2025. The Kamoa-Kakula $200m advance payment offtake agreement remains in execution
Company Profile
Company TypePublic
HeadquartersSingapore (Ocean Financial Centre), with major hubs in Geneva, Houston, Montevideo and Mumbai
Countries of OperationGlobal; relevant African operations in Angola and the DRC via the Lobito Corridor
Founded1993
Websitetrafigura.com
SubsidiariesPuma Energy; Nyrstar; Galena Asset Management; Impala Terminals; Nala Renewables
Key ExecutivesJeremy Weir (Chairman, since Jan 2025); Richard Holtum (CEO, since Jan 2025); Stephan Jansma (CFO)
Employees~12,000-14,500 (reported range across sources)
Revenue~$243 billion (FY2024, per Wikipedia); Energy segment alone reported at $166,980 million for FY2025 (70% of Group revenue)
Market CapitalizationPrivate company, not publicly traded
Key Developments
Lobito Atlantic Railway (its rail concession JV) closed $753m in DFC/DBSA financing in Dec 2025; Trafigura Asia Trading holds a 20% offtake stake (with a $200m advance payment) in Kamoa-Kakula's new copper smelter output
Key Risks
FY2026 environment flagged by the company as subject to evolving trade policy, moderating demand growth in some commodities, and ongoing supply-side disruption; recent leadership and executive-committee transitions
What Happens Next
Watch further Lobito Corridor capital deployment and additional African offtake/logistics deals
Commercial Opportunity
Commodity trading, logistics, and infrastructure investment opportunities across the corridor
Commercial Opportunity Intelligence
Potential BeneficiariesTrafigura, its JV partners Mota-Engil and Vecturis, Ivanhoe Mines
Opportunity SignalStrong -- directly linked to the Lobito Atlantic Railway and Kamoa-Kakula project/capital records
Commercial ReadinessVery Early
Source & Verification Trail
Last Verified2026-08-10
Source(s)https://en.wikipedia.org/wiki/Trafigura; https://www.trafigura.com/news-and-insights/press-releases/2025/trafigura-publishes-2025-annual-results/
Source Date2025-12-09 (annual results); general profile data as of mid-2026