ADRA grants one-year trading licence extension to Multi Met
The Abu Dhabi Registration Authority (ADRA), a division of the Department of Economic Development (DED) responsible for the registration, incorporation and licensing of legal entities, has formally approved a one-year extension of the metals trading licence granted to Multi Met Trading LLC. This license No. CN-4992516 is active for a one-year tenure, spanning from August […]
Multi Met Clears Financial Review for H1 2026
Independent auditor Rödl Middle East has issued a review report on the interim condensed financial information of Multi Met Trading LLC for the six months ending June 30, 2026. The statements, formally authorized for issuance on July 31, 2026, confirm flawless alignment with local regulatory and corporate standards. “Based on our review, nothing has come […]
MMT is launching alumina trading
Multi Met Trading L.L.C. has begun trading smelter-grade alumina of Indian and Asian origin, extending a portfolio that already spans copper, nickel and precious metals. The company will supply smelter-grade alumina (Al₂O₃) in bulk to primary aluminium producers, with cargo sizes and delivery terms agreed to suit customers’ discharge facilities and consumption schedules. India and […]
Mariana says Copper One set to be world pioneer autonomy-first mine and refinery
Located in southeastern Utah, Mariana Copper One is an operating copper mine and refinery currently producing high-purity copper cathode for the US market. The site, which Mariana Minerals acquired in late 2025, has been operating for over 15 years and includes an existing open pit mine, a heap bioleaching operation, a hydrometallurgical refining circuit utilising […]
Zijin Mining surpasses RMB 1 trillion in market capitalization in Q1 on rapid profit growth
Zijin Mining, one of China’s largest mining giants, nearly doubled its net profit in the first quarter of 2026 to RMB 20.1 billion ($2.96 billion). Its market capitalization surpassed RMB 1 trillion ($147 billion). At the end of April, Zijin, a leading global metals mining company, released its first quarterly results since the formation of […]
Zimbabwe declares nickel, copper, lithium as critical minerals
Zimbabwe has classified a range of minerals into critical, special critical and strategic categories, with the State mandated to take a minimum shareholding in the exploitation of critical minerals, according to a statement issued by Mines Minister Polite Kambamura on 22 May 2026. He said the declaration was driven by increasing global demand for critical […]
MMT reassures clients and suppliers about operational resilience despite geopolitical tensions
International metals trading company Multi Met Trading (MMT), headquartered in Abu Dhabi, has issued a statement regarding the recent geopolitical tensions in the region, assuring that its operations remain unaffected. MMT said that it will continue to deliver on its commitments both to clients and suppliers, while its strategic positioning and planning have shielded its […]
Peruvian government approves environmental study for $3.4bn Trapiche copper project
The government of Peru has approved an environmental study for the $3.4 billionTrapiche copper project owned by one of the largest mining companies in the country Buenaventura. The environmental certification office SENACE said the evaluation of the detailed environmental impact study “guarantees the development of activities under high sustainability standards,” Reuters quoted the government representatives [&he
URU Metals commences ground geophysics at South African nickel project
AIM-listed URU Metals has begun line preparation activities for a ground-based geophysical programme at its Zeb nickel project on the northern limb of the Bushveld Complex in South Africa, marking the next phase of exploration at the site. The line preparation, which started on March 2, is required to provide safe and continuous access for […]
MMT passes independent financial audit in accordance with international standards
Abu Dhabi-based 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, 2025, fairly in all material respects. Meanwhile, its […]