Who will benefit from DRC’s tough measures to save the cobalt market?
The global cobalt market is currently undergoing a transformation due to the actions of the main cobalt producer, the Democratic Republic of the Congo (DRC). It is transitioning to strict government export control due to a market glut and prices bottoming out in early 2025. These measures have since resulted in higher prices, but could […]
Nickel prices are stable despite the unfavorable conditions, but not yet poised for growth
Over the past three years, the nickel market has suffered from oversupply driven by rapidly growing supplies from Indonesia. Experts do not expect the nickel market to return to balance before 2030. The outlook for nickel consumption in the battery manufacturing industry is less optimistic than it was recently, as demand for this metal for […]
Multi Met Trading unveils comprehensive Employee Handbook
Abu Dhabi-based Multi Met Trading (MMT) has officially released its new Employee Handbook, a strategic document designed to streamline operations and reinforce the company’s culture in alignment with the United Arab Emirates (UAE) Labour Law. The handbook serves as a comprehensive guide which outlines policies, procedures, rights, and responsibilities of the staff, and is focused […]
Multi Met reiterates commitment to data privacy and compliance in its corporate policy
Multi Met Trading (MMT) has published a comprehensive data protection policy, signalling a robust commitment to safeguarding privacy rights of its customers, employees, contractors, partners, and other stakeholders in full alignment with laws of the United Arab Emirates (UAE). The Abu Dhabi-headquartered company has also voiced an unyielding commitment to international best practices in data […]
Multi Met Trading adopts comprehensive ethical Code of Conduct
Multi Met Trading (MMT), an Abu Dhabi-headquartered metals trading company, has officially established a Code of Conduct as a definitive ethical framework governing the behavior of all employees, officers, directors, and affiliated third parties. The document ensures that the company’s operations align with laws of the United Arab Emirates (UAE) and international best practices on […]
Multi Met Trading takes proactive risk management measures to ensure continuity of business operations
Multi Met Trading (MMT) has formalized its comprehensive Business Continuity and Succession Planning Policy, a core component of its overall risk management and human capital strategy. According to the company’s report, the Business Continuity & Succession Planning Committee (BCSPC) is a special body designated to oversee critical business functions. It will work together with the […]
Multi Met Trading’s compliance framework to significantly reduce systematic bribery and corruption risks
Abu Dhabi-based metals company Multi Met Trading (MMT) has reaffirmed its commitment to regulations and best practices related to public and private sector bribery, money laundering, and counter-terrorist financing. The company vows to voluntarily adopt universal best practices to enhance defences against corruption, particularly regarding facilitation payments and third-party due diligence, even where not explicitly [&helli
Rödl audits Multi Met Trading, finds fair financial reporting in 2024
Abu Dhabi-headquartered Multi Met Trading (MMT) has published the results of an audit conducted by the Rödl Middle East, a leading multi-disciplinary audit, legal, and consulting firm. The consultancy found the financial statements of MMT to present the financial position of the company as of December 31, 2024, “fairly in all material respects.” Meanwhile, its […]