Commodity Finance

Commodity finance comprises two key products. The first is commodity-linked loans in the agriculture, oil and gas and mining industries where the lender has the future production or reserves of the commodity as security. These types of deal can be reserves-based loans, pre-export facilities, prepayment facilities, or even streaming, royalty-based loans and factoring. The second are very large unsecured term loan and revolving credit facilities provided annually by commercial banks to the major commodity trading houses and producers – Glencore, Gunvor, Trafigura, Vitol, ADM, Bunge and Castleton for example. These loans, effectively working capital facilities, also enable the major traders to provide loans to commodity producers that lack liquidity, thus ensuring security of commodity supplies and additional profits from that lending due to the arbitrage between the cost of debt for the major traders and what they can on-lend at.

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Results found: 8153
Firefinch launches $47m raise for Morila Gold Mine project

Trafigura Trading renews and increases North American energy facility
24 June 2021

GFG, Credit Suisse reach standstill pact on Greensill-linked Australian assets
24 June 2021

Vitol to offer bunker fuels at Yangshan
24 June 2021

German LNG terminal group at Brunsbuettel seeks building permission
24 June 2021

IFC supports agribusiness Agrofértil with $20m financing
24 June 2021

Novatek reconfigures Obsky LNG project to produce hydrogen, ammonia
24 June 2021

Western Copper unveils PEA for C$3.25bn Yukon project
24 June 2021

Pole Star acquires Vasanda to boost sustainability screening
23 June 2021

Saudi Aramco 'extends $10bn loan on improved terms'
23 June 2021

Hydrogen: The fuel of the future (with heavy subsidy)
Hydrogen: The fuel of the future (with heavy subsidy)
Max Thompson
23 June 2021

Hydrogen projects are ballooning given the stronger focus on energy transition from policymakers and energy majors in the wake of the pandemic. But where’s the level of support from governments – regulatory and financial – that will make green and blue hydrogen commercially bankable?

Trafigura, Mubadala to launch sale of Spanish copper miner MATSA
23 June 2021

Olam Food Ingredients releases sustainability targets
23 June 2021

EC approves $199m in Greek state aid for LNG terminal

Zinnwald takes full ownership of German lithium project
23 June 2021

Brazil's 3R, Global bid for Petrobras refinery and oilfields
23 June 2021

BSTDB supports energy efficiency upgrade in Romanian industry
23 June 2021

Arafura to raise $30m for Nolans rare earths project
22 June 2021

Horizonte says good progress made on ECA-backed Araguaia financing
22 June 2021

Gunvor Singapore signs $830m syndicated RCF
22 June 2021

Olam International announces S$601.7m rights issue
22 June 2021

Kefi submits Tulu Kapi project finance plan to Ethiopia's central bank
22 June 2021

Ganfeng to invest in solar-powered lithium project in Argentina
22 June 2021

Cornish Lithium raises £6m via crowdfunding
22 June 2021

Ever Given container ship Suez saga drags on
21 June 2021

Mayer Brown adds Joanne Du to boost oil and gas capabilities in Asia
21 June 2021

Wood Mackenzie buys Roskill
21 June 2021

Shepherd and Wedderburn hires construction, infrastructure partner
21 June 2021

Petropavlovsk sold stake for 75% less than rival proposal
21 June 2021

BlackEarth signs first offtake for Indian project
21 June 2021

EIG-led consortium closes $12.4bn Aramco pipelines deal
21 June 2021

HSF appoints new project finance partner in Dubai

Strengthening anti-financial crime controls in Eurasia
Strengthening anti-financial crime controls in Eurasia
Kamola Makhmudova
18 June 2021

For all of the benefits that rising anti-financial crime (AFC) compliance standards have conferred to economies across the world, they have not come without significant downsides for nations that lack the capacity to meet them. The unwillingness of western banks to expose themselves to regulatory risk, coupled with the need for greater partnerships, are just two of the headwinds to building AFC capacity.

LMA announces results of fintech survey
18 June 2021

Rio Tinto names Peter Cunningham as new CFO
18 June 2021

Glencore under pressure from IMF to rework Chad loan
18 June 2021

Arafura considers A$100m senior debt facility for NT project
18 June 2021

Adani blasted over $4bn plan to use Australian coal to make plastic in India
17 June 2021

ITFA, TFG unveil LIBOR for trade finance hub
17 June 2021

China to release copper, aluminium and zinc reserves to stabilize price rally
17 June 2021

India's H-Energy signs LNG deal with Petrobangla
17 June 2021

OreCorp sets sights on A$56m capital raise
17 June 2021

Rusal says China’s recycled aluminium output to treble by 2030
16 June 2021

New hire in Miller’s CPRI team in London
16 June 2021

LTR free virtual event to focus on sustainability in trade finance
16 June 2021

Commodity trade: Time for legislatures to drive ESG transparency home
Commodity trade: Time for legislatures to drive ESG transparency home
Aife Howse
16 June 2021

Government-led mandatory ESG reporting needs to evolve globally into a more stringent and standardised framework to push commodities trading corporates, first movers in the nascent sustainability-tied debt space, towards greater ESG transparency – for the benefit of all stakeholders.

Vale, BHP propose BRL1.2bn DIP financing for Samarco
16 June 2021

QPM sign $15m offtake for nickel and cobalt

GIG & Capbal to develop 187MWh utility-scale battery storage

Petrus Resources further extends credit agreements
16 June 2021