OTCPK:NNDIF - Post Discussion
Post by
schocor on Jul 25, 2022 3:24pm
Trafigura/Nystar = Glencore/Noranda
Nice little story about the a trader (Trafigura) bankrupting a smalter (Nystar). There are a few similarities to out Glencore/Noranda situation.
There seems to be a business model with the traders treating the smelters as a cost center and the trading desk (in Geneva) as the profit center.
Trafigura awaits Nyrstar ruling as minority investors in zinc producer fight on - MINING.COM
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