Non-ferrous Metals
The recent surge in demand for non-ferrous metals and concentrates, from soaring economies such as China and India, has enabled Vitol to demonstrate its expertise and resources in this sector.
Trading through the Group’s wholly owned subsidiary Euromin SA, we are active in base metal concentrates, ores, secondary raw materials and residues as well as primary base metals and minor metals. Our territories of operation include Europe, North America, Russia, Kazakhstan, Latin America , Mexico, Africa, Middle East and China.
Euromin specialises in zinc, from ores through to refined product, with the expertise to trade, distribute and market zinc metal through various industrial sectors. We deliver Zn metal and a wide range of Zn alloys to the steel mills and galvanizing plants (from Zn GOB 98.5% min to Zn SHG 99.995% min, Zn CGG, galvanizing alloys). Euromin supplies metal to the chemical, die casting and metallurgical industries. We have developed a key strategic partnership with the London-listed Chelyabinsk Zinc Plant, the largest smelter in Russia.
Euromin is also asignificant international player, trading in copper ores and concentrates, lead and silver ores and concentrates, high purity indium metal and cadmium metal. This demands extensive industrial connections, logistic skills and hedging expertise. With the extreme volatility in the metals markets during 2006 and 2007, Euromin’s expertise in risk management has come to the fore: base metal prices increased by 100-250% during this period and some minor metals moved by more than 500%.
In the global zinc market, China’s influence cannot be overstated. In 2007, China mined about 27% of the world's zinc, refined 29% and consumed about 30%. This has necessitated that Euromin maintains a constant presence in this market. Wherever possible, Euromin benefits from the extensive network of Vitol Group offices around the world.
• We have developed a strategic partnership with the London-listed Chelyabinsk zinc plant, the largest smelter in Russia.