Announced

Trafigura to acquire Ecobat Resources Stolberg.

Synopsis

Trafigura, a global supplier of commodities, agreed to acquire Ecobat Resources Stolberg, a firm that owns the Stolberg multi-metals processing plant in Germany. Financial terms were not disclosed. “The sale of ERS is consistent with our strategy to concentrate on our core business of battery recycling and represents a significant step in the rationalization of our portfolio,” Marcus Randolph, Ecobat CEO.

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