Trafigura sells 9% stake in Riotinto mine for 150 million euros

Trafigura sold a 9% stake in Atalaya Mining for approximately 150 million euros, reducing its ownership to 10.9%. This transaction accelerates shareholder changes at Atalaya Mining, the owner of the Riotinto mine, following a copper price rally. Other investors have also adjusted their holdings. The sale occurred after Atalaya's share price doubled due to rising copper prices. Trafigura has been a shareholder since the mine's reopening and has a contract to purchase copper production.