A multinational commodity trading company, (stellarprojectsrussia.com) Issuser Address: GBKQ4BN3ISZ6TRLJXGRDM2SFOFUB64K6NM7VVCZFMXLYZCOBB6C2TONM ICO On 23/10/2023 CB:40,000%
Project Aurora & Ukaz asset
Trafigura is a multinational commodity trading company. It is the world's largest private metals trader and 2nd largest oil trader having built or purchased stakes in pipelines, mines, smelters, ports, and storage terminals. It sources, stores, blends, and transports raw materials including oil, refined petroleum products and non-ferrous metals (iron ore and coal). Trade in non-ferrous and bulk commodities consists mainly of copper, lead and zinc concentrate, alumina, refined metals of copper, lead, zinc, aluminum, iron ore, and coal
In the past, it was infamous for having been named or involved in several scandals, such as the 2006 Ivory Coast toxic waste dump, Iraq Oil-for-Food Scandal, 2018 Brazilian Operation Car Wash landmark anti-corruption case, and 2020 CFTC investigation on corruption and market manipulation
However, in April 2023, the Biden Administration was accused of helping Trafigura to "make and funnel money back to Vladimir Putin's inner circle" (https://www.washingtonexaminer.com/opinion/why-is-biden-administration-trafigura-kremlin-kingpin), despite copious sanctions against Russia over the Ukrainian SMO, effectively undermining them. In fact, the Financial Times reported (https://www.ft.com/content/36c5367b-06f9-48e7-9867-20671665c8a7) that "the US government has sought to persuade Trafigura and other traders to move Russian oil without fear of sanctions"
It should also be noted that Trafigura has significant strategic relationships with major Russian companies like Rusal (https://t.me/stellarVBRF/442) and Rosneft, whose CEO Sechin is "a very close ally of Putin, and sanctioned by the United States, the United Kingdom, and the European Union". Some analysts believe Sechin "is second only to Putin in power" and has created multiple shell companies to continuously supply Russian oil through Trafigura and Rosneft
A Washington Examiner article (https://www.washingtonexaminer.com/opinion/why-is-biden-administration-trafigura-kremlin-kingpin) from October 2023 puts it best: "how the State Department's incentivizing of Russian oil flows supports a 'long-term effort to weaken Russia's position as a global energy producer' is unclear"
In fact, the Biden Administration and other governments and businesses around the world are only further empowering and emboldening industry giant Trafigura as the energy and commodities sectors continue to consolidate into a small handful of BRICST-friendly organizations
Recent News
18 September 2023: Glencore took low volumes of Rusal aluminum (https://www.nasdaq.com/articles/glencore-took-low-volumes-of-rusal-aluminium-contract-could-go-to-2025). Instead of extending their contract to 2025, Trafigura will purchase the balance
26 September 2023: K92 Mining secures $100M loan from Trafigura and extends offtaking agreement with Trafigura by 7 years for copper and gold concentrates in Papua New Guinea (https://seekingalpha.com/news/4015348-k92-mining-secures-100m-loan-from-trafigura-amends-offtake-agreement)
28 September 2023: Trafigura Gets $500M to Buy Saudi’s Non-Crude Commodities (https://www.supplychainbrain.com/articles/38174-trafigura-gets-500m-to-buy-saudis-non-crude-commodities). Oil giant Saudi Arabia has been expanding its footprint in other commodities as part of the Vision 2030 program to broaden its economy beyond crude. Mining and exporting the country’s rich but under-explored resources has been described as a “pillar” in the strategy
9 October 2023: Trafigura secures $400 million loan facility backed by US to buy and store US LNG (https://www.reuters.com/article/trafigura-credit-facility-idINL4N3BA1XK)
10 October 2023: Trafigura became a major shareholder of H2 Energy Europe AG and plans to ramp up large-scale green hydrogen production projects as well as mid- and downstream hydrogen supply and distribution infrastructure in Europe (https://www.msn.com/en-us/money/markets/brief-trafigura-group-to-become-majority-shareholder-of-h2-energy-europe-ag/ar-AA1i0DTY). Since then, news about hydrogen projects such as production, storage, and beta testing vehicles (cars, busses, cruiseships) have been non-stop pouring in from all over the world. Businesses worldwide have announced investment plans for 1,000 hydrogen projects worth $320 billion. Read these updates: HERE (https://t.me/QuantumStellarInitiative/30787)
12 October 2023: African banks and traders including Trafigura Ltd. are filling some of the financing gap for oil projects on the continent following the exit of European lenders from fossil fuel development (https://financialpost.com/pmn/business-pmn/trafigura-african-banks-partly-fill-oil-field-financing-gap)
12 October 2023: At the Fourth Qingdao Multinationals Summit held in Qingdao, Shandong province (China), 194 foreign investment projects were signed for a total investment of $20.6 billion (https://www.asiaone.com/business/4th-qingdao-multinationals-summit-signs-206b-deals-194-projects). At the opening ceremony, 24 key cooperation projects were signed, such as the Singapore Trafigura Group's Shanggang Trafigura International Trade Project
13 October 2023: Shell and Trafigura back new alliance targeting first clean hydrogen shipment (https://www.tradewindsnews.com/gas/shell-and-trafigura-back-new-alliance-targeting-first-clean-hydrogen-shipment/2-1-1534493)
The Transatlantic Clean Hydrogen Trade Coalition (H2TC), endorsed by Shell and Trafigura, has set a target date of 2026 for the debut shipment. Launched by decarbonisation group The Mission Possible Partnership (MPP), the alliance also aims to facilitate trade of more than 3m tonnes per year of hydrogen-derived ammonia and methanol on the route from the US Gulf coast to northern Europe by 2030
23 October 2023: Trafigura seeks to charter tanker to export Venezuelan fuel oil (https://www.hydrocarbonprocessing.com/news/2023/10/trafigura-seeks-to-charter-tanker-to-export-venezuelan-fuel-oil/)
Stellar Humanitarian Wealth Transfer:
? Passive Income Assets (https://t.me/QuantumStellarInitiative/22968)
? Project Aurora & Ukaz (https://t.me/QuantumStellarInitiative/21777)
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