Commodity Trading
The business of buying, selling and physically moving raw materials such as metals and energy products; profit comes from capturing price spreads and volatility rather than from a single directional bet on price.
Covered in 3 MetalsCost.com News Intelligence articles, most recently on September 26, 2026.
Coverage
Rio Tinto to Expand Metals Trading Beyond Its Own Mine Output
Rio Tinto plans to expand its metals trading business beyond its own mine output, adding derivatives and third-party copper cathode deals, Bloomberg reported. The move is part of CEO Simon Trott's push to extract more value from the miner's existing assets.
Glencore Commits $500 Million to US Critical Minerals Stockpile
Glencore has committed $500 million to VaultCo, the public-private partnership building a US government critical minerals stockpile under Project Vault. The mining and trading group becomes the fourth supplier named to the programme, joining Hartree Partners, Mercuria Americas and Traxys.
Glencore Shares Hold Steady Near Yearly Highs After a Blockbuster Earnings Turnaround
Volatile oil, gas and shipping markets handed Glencore's marketing division its strongest first-half trading result since the 2022 energy crisis.
