Vitol completes acquisition of Noble Resources
(Posted on 07/01/25)
Further to the announcement of 2nd August 2024, Vitol B.V. has now completed the acquisition of Noble Resources Trading Limited.
The August announcement stated that Vitol had agreed to acquire Noble Resources Trading Limited for an purchase price equivalent to $0.63 per share on a debt free / cash free basis subject to customary conditions precedent.
Noble Resources is one of Asia’s leading independent energy products and industrial raw materials supply chain managers.
At the time, Mike Muller, CEO Vitol Asia said: “I am delighted at the prospect of the very experienced teams at Noble Resources joining Vitol and very much look for forward to growing the business together.”
Noble Resources’ website is now stating, “Noble Resources is now proudly part of Vitol.
Noble Resources and its subsidiaries form one of Asia’s leading independent energy products and steel-making raw materials supply chain managers and commodity traders.
Through our existing Asian regional presence and strategic global relationships, we source, market, process, supply, finance, and transport these essential raw materials across Asia. We also provide offtake and risk management services to our clients.
We aim to deliver value to our stakeholders through sustainable, focused franchises built on long-term supplier and customer relationships. Our reliability, efficiency and expertise ensure that we deliver to the required specifications and on time.”
Latest News
Agreement secures long-term bulk logistics capacity for South African miner
(Posted on 14/09/25)Transnet SOC Ltd and Tshipi é Ntle Manganese Mining (Pty) Ltd have concluded a milestone 10-year... Read more
Bühler appoints Mike Häfeli as the new CEO of Grains and Food business
(Posted on 14/09/25)Bühler Group has announced a key leadership transition within its Grains & Food business. After... Read more
ADM increases export capacity with expanded Windsor, Ontario grain terminal
(Posted on 09/09/25)ADM Agri-Industries in Windsor has celebrated the opening of its expanded grain terminal at the Port... Read more
Anglo American and Teck to combine to form global critical minerals champion
(Posted on 09/09/25)Anglo American plc and Teck Resources Limited have announced that they have reached an agreement to... Read more
Ag leaders urge Senate to confirm Dr. Julie Callahan as Chief Negotiator
(Posted on 09/09/25)The National Grain and Feed Association (NGFA), joined by 89 agricultural organizations, has voiced... Read more
Rio Tinto streamlines to unlock additional shareholder value
(Posted on 01/09/25)Rio Tinto has announced a new operating model and executive team to shape the company’s next chapter... Read more
Government of Canada disappoints Canadian steel producers
(Posted on 01/09/25)Catherine Cobden, President and CEO of the Canadian Steel Producers Association (CSPA), has released... Read more
BHP’s record operational performance delivers resilient returns and growth
(Posted on 25/08/25)BHP have released financial results for the full year ended 30 June 2025.BHP Chief Executive Officer... Read more
Metso expansion in Antofagasta elevates support for Chilean mining
(Posted on 15/08/25)Metso has completed the expansion of its service centre in Antofagasta, Chile, reinforcing its ability... Read more
Alcoa explores feasibility of gallium critical mineral production in WA
(Posted on 11/08/25)Alcoa of Australia Limited, a wholly-owned subsidiary of Alcoa Corporation has announced a Joint Development... Read more
