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
Rio Tinto provides Iron Ore update following Tropical Cyclone Sean
(Posted on 24/01/25)Tropical Cyclone Sean delivered record rain along parts of the Pilbara coastline of Western Australia... Read more
Rio Tinto shows greater consistency across key operations
(Posted on 19/01/25)Rio Tinto has released fourth quarter production results. Chief Executive Jakob Stausholm said: &ldquo... Read more
Trafigura publishes 2024 Sustainability Report
(Posted on 19/01/25)Trafigura Group Pte Ltd. has published its 2024 Sustainability Report, highlighting the Group’... Read more
NGFA comments on US East and Gulf Coast port labour deal
(Posted on 10/01/25)The International Longshoremen’s Association and the United States Maritime Alliance, Ltd. have... Read more
Rio Tinto progresses development of Quebec gallium extraction process
(Posted on 17/12/24)As part of a research and development programme, Rio Tinto is assessing the potential for extracting... Read more
Trafigura publishes 2024 Annual Results
(Posted on 17/12/24)Trafigura Group Pte Ltd, a market leader in the global commodities industry, has released results for... Read more
Anglo American completes Serpentina premium iron ore transaction
(Posted on 11/12/24)Anglo American plc has announced the completion of the transaction to combine the Serra da Serpentina... Read more
BHP Group Investor Relations Officer appointed
(Posted on 11/12/24)BHP has appointed Mark Bendall as Group Investor Relations Officer, effective 1 April 2025.Mr Bendall... Read more
Fertilizers Europe welcomes EU Members requests for tariffs on Russian fertilizers
(Posted on 04/12/24)Fertilizers Europe, the voice of the European fertilizer industry, has welcomed and fully supports the... Read more
The Cultured Hub opens its state-of-the-art biotech facility in Switzerland
(Posted on 04/12/24)The Cultured Hub officially opens its doors today, marking a milestone for the global cellular agriculture... Read more
