Trafigura agrees partnership with IFM Investors
Independent commodity trader will form a 50:50 partnership with $35bn investment fund IFM Investors to own and operation transportation infrastructure in Latin America and Europe. IFM will invest an undisclosed amount of money, which Trafigura says it will reinvest in new projects
Trafigura and IFM will jointly own and operate concentrates terminal infrastructure, fluvial operations, and global freight forwarding and multi-modal transportation services