Kostas Bintas, the newly appointed head of metals at Mercuria Energy Group, announced the trading company’s plans to explore investments in African projects as part of its strategy to build a substantial metals business. Speaking at the Financial Times Africa Summit, Bintas emphasized Mercuria’s commitment to the region, particularly the Copperbelt, Africa’s mineral-rich area.
“We’ll be making a significant presence in Africa and backing it with real investments in the Copperbelt,” he said, underscoring the firm’s readiness to support its ambitions with tangible action.
Traditionally a leader in oil, natural gas, and power, Mercuria has renewed its focus on metals trading this year, aligning with an industry-wide trend where energy firms are expanding into metals to compete with established players like Glencore and Trafigura.
