Trafigura Mining Group manages mining operations, develops projects, conducts technical audits of existing and potential projects and provides advisory and support services to the rest of the company.
Its main operations are in the Caribbean, Europe and Latin America. The Group operates the Catalina Huanca mine in Peru and is active in Brazil and Cuba.
Minas de Aguas Teñidas (MATSA)
MATSA, the Group’s flagship mining operation, is owned in a joint venture with Abu Dhabi-based investment and development company Mubadala. MATSA produces copper and polymetallic ore on the Iberian Pyrite Belt in Spain’s southwestern region of Andalusia.
Introduction to MATSA
Introduction to MATSA25 February 2020
Catalina Huanca, Peru
The Catalina Huanca mine in Peru produces lead and zinc concentrates with some gold and silver.
The Mining Group has increased efficiency and lowered production costs at Catalina Huanca. It has also consulted closely with the local community to win support for its strategy. These initiatives have enhanced the mine’s economic viability and helped to extend its productive life.
Brazil's iron quadrangle
In Brazil, the Mining Group along with Mubadala, has acquired the Tico-Tico and Ipe iron ore mining and processing assets from the creditors of MMX Sudeste. The assets represent an opportunity for Trafigura to expand in the ferrous mining business and will complement the Porto Sudeste port business also jointly controlled by Impala Terminals and Mubadala.
The Mining Group is interested in exploring further opportunities and to play a role in the consolidation of the fragmented mining industry in Brazil’s Belo Horizonte region.
The Mining Group has consistently demonstrated its ability to deploy expertise and investment in challenging economic or political environments. Emincar, a joint venture with the Government of Cuba to develop the Castellanos zinc and lead mine is the most recent example.