Mubadala Forms JV with Trafigura, Buys Big Stake in Spanish Mines
Posted on 06/29/2015
Commodity trading companies are seeing value in partnering with long-term investors like wealth funds in acquiring mining assets. Abu Dhabi’s Mubadala Development Company and Trading house Trafigura are forming a joint venture to acquire zinc, copper and other mining assets. The reason is that zinc, iron and other metals are trading at 6-year lows. Part […]