To complement our core activities, we seek investment opportunities in assets and entities that can help facilitate the supply, processing and movement of physical commodities around the world.
Our assets and investments include: Puma Energy, a downstream fuel supplier, and Impala Terminals, a commodity warehousing and logistics joint venture with IFM Investors.
A third industrial business was added in 2019 with the consolidation of Nyrstar, an international producer of critical metals and minerals essential for a low carbon future. These assets are structured as independent companies with their own dedicated management teams and resources.
In addition, Trafigura is the majority owner of TFG Marine, a bunkering services provider. We also have an investment in H2 Energy, a leader in green hydrogen for heavy duty transport, and a 50 percent share in the joint venture H2 Energy Europe.
Galena Asset Management is a wholly owned and regulated investment subsidiary of Trafigura.
Alongside these assets, we hold a number of minority investments in industrial assets where we do not have operational control. These include two nickel operations: Terrafame and Prony Resources.
Puma Energy is a downstream energy company operating in 34 markets around the world, supplying and distributing refined oil products, such as fuels, lubricants and bitumen. It operates 1,900 retail sites, owns a number of bitumen terminals and offers refuelling services at over 100 airports.
Galena Asset Management
Galena Asset Management is a wholly owned and regulated investment subsidiary of Trafigura. It manages internal capital in several funds that are also available to third-party investors. The investment strategies run by Galena Asset Management leverage Trafigura's insight into metals, mining, energy and renewables.