News
31 July 2026

IXM agrees Itaminas iron ore prepayment facility

In:
Metals and Mining
Region:
Americas, Asia-Pacific

The trading arm of Chinese copper giant CMOC Group is making a push into iron ore with a deal to finance a mining company in Brazil.CMOC’s IXM has agreed to a prepayment facility with Brazil’s Itaminas Comercio de Minerios in return for iron ore supply, a source said.The agreement comes...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
24 July 2026

GCC: When ECAs hit the country ceiling

Fragmented Gulf procurement, tighter local liquidity, strained country limits and Saudi-scale ambition are forcing ECAs beyond the classic tied facility. Shopping lines,...

Perspective
30 July 2026

Delfin FLNG: Next-level floating liquefaction

Delfin Midstream has assembled more than $5bn of strategic equity, bank debt, private credit and secured notes for the first offshore floating LNG export facility in the US....