Arbitrage

Commodity trading firms are all essentially in the business of transforming commodities in space (logistics), in time (storage) and in form (processing).

 

1

Geographic
arbitrage

 

2

Time
arbitrage

 

3

Technical
arbitrage

 

Combining arbitrage techniques

Timing, location and product quality are critical for producers, refiners, smelters and industrial users. We source, store, blend and deliver physical commodities worldwide to bridge those gaps.

 

1.

Offtake agreement with Peruvian copper mine

2.

Supply agreement with Finnish copper smelter

3.

Buy concentrates from Spanish copper mine

4.

Sell concentrates to US smelter

5.

Store concentrates in Impala warehouse

6.

Blend to North American specification

What we do

Source

Blend


Deliver

Type of arbitrage

Geographic

Technical

Time

Existing trade flows