Trafigura sells £132 million stake in Spanish copper miner Atalaya

thetimes.com [$]

Trafigura sold a £132 million stake in copper miner Atalaya, profiting significantly from the sale. The sale occurred shortly after Atalaya's own equity raise, raising market questions about Trafigura's motives despite strong copper demand. Atalaya's main asset is the Riotinto mine, and it is also seeking permits for the Touro project.


With a significance score of 1.4, this news ranks in the top 42% of today's 25686 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: