Our metals & minerals activities are supported by ownership interests in controlled and non-controlled industrial assets such as mining, smelting, refining and warehousing operations. This business includes commodities departments for copper, zinc & lead, nickel, ferroalloys, alumina & aluminium and iron ore.
We are the world’s largest copper supplier and its third largest producer of mined copper. Our industrial assets and marketing activities are fully integrated, and we have a sizeable custom smelting and refining capacity. We also have the capability to process complex concentrates that include precious metals and deleterious elements. We have assets in all the major copper-producing regions.
We are also one of the world’s largest producers of cobalt as a result of by-products created by our copper assets in the Democratic Republic of Congo.
Zinc & lead
We are one of the world’s largest miners and producers of zinc, with a combination of mines and smelters that is unique for one single business.
We trade in zinc and lead concentrates, the raw materials used to produce zinc and lead, and valuable by-products such as sulphuric acid. We also deal in gold and silver, which are typically mined in conjunction with zinc, copper and lead ores.
We sell zinc and lead metals produced from concentrates processed through facilities owned by our subsidiaries and those owned by others (through tolling arrangements).
We are a leading global nickel producer and trader. We deal in metal, concentrates, intermediates and ferronickel, as well as producing associated by-products such as copper, precious metals and platinum metals.
We deal in bulk and noble ferroalloys; bulk ferroalloys include: ferrochrome and chrome ore; ferromanganese; silicon manganese; manganese ore; and ferrosilicon. Noble ferroalloys include vanadium and molybdenum products.
We are one of the world’s largest and lowest cost integrated ferrochrome producers, one of the largest producers of primary vanadium, and a growing producer of manganese ferroalloys.
We trade in bulk ferroalloys, noble ferroalloys, ores (chrome and manganese).
Alumina & aluminium
We are a leading supplier in the global alumina and aluminium market, processing and selling bauxite, alumina (a precursor of aluminium), primary aluminium and aluminium alloys.
We deal in products from a range of integrated aluminium and alumina producers (including some that we own via subsidiaries), optimising these through the physical exchange of bauxite and alumina.
We trade in iron ore to a range of customers all around the world, through physical transactions.