Trafigura made a record profit of about $2 billion from metals trading in its fiscal year ended in September, BlockBeats reported, citing people familiar with the matter.
Glencore provision weighs on overall results
Glencore also recorded one of its best profit performances, but its overall results were weighed down by a $480 million provision tied to exposure to iron ore trader Radiant World, the report said.
The report described a second consecutive year of sharp profit growth across the global metals trading industry.
Source: BlockBeats, 2026-10-24 23:44:39 UTC.