Traxys News

We're excited to announce that our CEO, Mark Kristoff, recently participated in a panel discussion on the profound effects of rising interest rates on commodities. The event held in New York, hosted by HC Group in collaboration with Brown Brothers Harriman, brought together industry experts and executives...

Traxys Group to be Acquired by Traxys Management, Optiver and Investors Bolsters Company’s Leadership in the EV Raw Material Chain Traxys and Optiver to Form Strategic Relationship to Develop New Solutions for Market Participants   New York, Luxembourg and Amsterdam, February 6,...

From Make-up to Mining Pauline has always loved traveling the world. Since she was 19, Pauline has studied in China and the Baltic States and worked in Iceland, Denmark, and France before settling in Luxembourg. She built her first career navigating the international perfumes and cosmetic market....

As we reflect on the past year, we acknowledge all of our partners, suppliers, customers and friends who have supported us. Thanks for a great year and we wish you all the best for 2023!

Sachiel Millien, Traxys’s Global Head of Middle Office, sits at the center of the Traxys global network. With a passion for problem-solving and data integrity, Sachiel manages the internal systems that help Traxys do more and do better for customers and the metals and minerals industry. Bringing...

New York, September 19, 2022. Groundbreaking deal supports PNE’s sustainable battery technology and affirms Traxys’ position as a leader in driving forward the battery recycling industry. Princeton NuEnergy Inc. (PNE), a U.S-based innovative clean-tech startup focused on recycling, repurposing,...

Traxys S.A.R.L. USD $1,570,000,000 Multicurrency Syndicated Revolving Credit Facility Traxys Sarl (“Traxys” or the “Company”), a leading global physical trader and merchant in metals and natural resources, is pleased to announce the successful refinancing on 2 May 2022 of its...

  PRESS RELEASE   Traxys Europe Joins the International Lithium Association (ILiA) Traxys joins industry peers in driving the lithium value chain forward.   Luxembourg, February 2022 – Traxys Sarl (“Traxys” or the “Company”), a leading...

Traxys Group expands Lithium Trading Business Luxembourg, September 2021 Traxys Sarl (“Traxys” or the “Company”), a leading global physical trader and merchant in metals and natural resources, is pleased to announce the expansion of its lithium business following the addition...

Traxys Group Executes USD $250 Million Trade Receivables Securitization Program Luxembourg, 3 September 2021  Traxys Sarl (“Traxys” or “the company”), a leading global physical trader and merchant in metals and natural resources, is pleased to announce the successful...

Traxys Group expands Tin and Specialty Metals Trading Business  Luxembourg, August 2021 Traxys Sarl (“Traxys” or the “Company”), a leading global physical trader and merchant in metals and natural resources, is pleased to announce the expansion of its metal concentrates...

Traxys S.A.R.L. USD $1,330,200,000 Multicurrency Syndicated Revolving Credit Facility 10 May 2021 Traxys Sarl (“Traxys” or the “Company”), a leading global physical trader and merchant in metals and natural resources, is pleased to announce the successful signing on 4th...

PRESS RELEASE  New York, 17 June 2020  Traxys North America LLC (Traxys), a leading global physical trader and merchant in metals and natural resources, announced that it will phase out its North American lead and zinc metal trading activities by the end of 2020.  Mark Kristoff,...

Traxys S.A.R.L. USD 1,287,000,000 Multicurrency Syndicated Revolving Credit Facility Strassen, 19 May 2020 Traxys Sarl (“Traxys” or the “Company”), a leading global physical trader and merchant in metals and natural resources, is pleased to announce the successful signing...

Business Continuity and Health and Safety in Response to Coronavirus COVID19 Pandemic 16 March 2020 Dear Colleagues and Friends,  As the global coronavirus (COVID-19) pandemic continues to unfold, we wanted to share information about the steps TRAXYS has taken to protect the health and...

Coronavirus COVID19 – General Policy Statement 5 March 2020 Overall Traxys is fully committed to the safety and wellbeing of our employees, their families and household, our customers, suppliers, business partners and the wider communities we serve. Best Practices We are actively...

Pallinghurst and Traxys join forces – creating a joint venture to capitalise on the strong growth in demand for responsibly sourced battery materials London and New York, November 11, 2019  Strategic resources investor, the Pallinghurst Group, and leading global commodities trader, Traxys,...

TRAXYS COMETALS USA LLC Has Moved  WE HAVE MOVED. Effective Monday, April 8, 2019, our new address will be:  Traxys Cometals USA LLC  299 Park Avenue, 38th Fl.  New York, NY 10171  USA Please note this change in your records and address all mail and other...

Traxys North America LLC Has Moved WE HAVE MOVED. Effective Monday, April 8, 2019, our new address will be:  Traxys North America LLC  299 Park Avenue, 38th Fl.  New York, NY 10171  USA Please note this change in your records and address all mail and other correspondence...

Traxys S.A.R.L. USD 1,500,000,000 Multicurrency Syndicated Revolving Credit Facility Strassen, 18 May 2018  Traxys Sarl (“Traxys” or the “Company”), the global physical trader and merchant in metals and natural resources, is pleased to announce the successful signing...

Commercial Metals Company Announces Completion of Sale of CMC Cometals Division IRVING, TX August 31, 2017  Commercial Metals Company (NYSE: CMC) (the “Company”), today announced the completion of the sale of its raw materials trading division, CMC Cometals, to Traxys North America...

Traxys Expands Commodity Footprint in Aluminum NEW YORK, NY—Aug 1, 2017 Traxys North America LLC is pleased to announce that several members of the former Noble Stamford Aluminum Team have joined, or will be joining, the Traxys Group. The team will expand the Traxys commodity footprint in...

Commercial Metals Company to Exit International Marketing and Distribution Segment and Signs Definitive Agreement to sell CMC Cometals Division IRVING, TX—June 13, 2017 Commercial Metals Company (NYSE: CMC) (the “Company”), today announced its plan to exit its International Marketing...

Traxys Group Expands Mining and Materials Investments Platform Forms Joint Venture with Mining & Materials Management Partners to Pursue Global Opportunities 7 January 2016 New York and Vancouver – The Traxys Group is pleased to announce the formation of Traxys Capital Partners LP (TCP),...

Traxys Group Completes Acquisition of Metmar Limited Expanded Trading Platform in Sub-Saharan Africa Furthers Traxys Growth Strategy 29 October 2015 New York and Johannesburg – The Traxys Group, a global physical metals and minerals commodity merchant, logistics and trading firm, has completed...

Traxys S.A.R.L. USD 1,000,000,000 Borrowing Base Facility Strassen, 26 May 2015 Traxys Sarl (“Traxys” or the “Company”) is pleased to announce the successful signing on 22nd May 2015 of its USD 1 billion Borrowing Base Facility (the “Facility”).  ABN...

The Carlyle Group and Louis Bacon Complete Acquisition of Traxys Group 25 August 2014 NEW YORK, NY – Global alternative asset manager The Carlyle Group (NASDAQ: CG), together with affiliates of Louis M. Bacon, the founder, Chairman, Chief Executive Officer and principal investment manager...

Traxys Group to Be Acquired by The Carlyle Group and Louis Bacon. Traxys Management to Increase its Stake in Traxys as Part of Transaction 13 March 2014 New York – Global alternative asset manager The Carlyle Group (NASDAQ: CG), together with affiliates of Louis M. Bacon, the founder, Chairman,...

Sierra Gorda, Traxys Sign Molybdenum Distribution Deal 28 Oct 2013 SÃO PAULO (Metal-Pages) 28-Oct-13. Sierra Gorda and Trays North America have signed a multi-year, exclusive distribution agreement starting in 2014 for North, Central and South America. Situated in the Atacama desert in...

IBT Press Release June, 15 2012 Traxys responded today to an article appearing in the June 12, 2012 edition of The International Business Times concerning Traxys’s activities in the Democratic Republic of Congo. The IBT article alleges that the “anonymous hacking collective” had...

Jim Cornell joins Traxys as Director-Structured Uranium Transactions January 20, 2012 New York – Traxys North America LLC (“Traxys”) is pleased to announce that it has entered into a consultancy agreement with NuCore Energy, LLC (“NuCore “) to secure, on an exclusive...

Traxys Enters into Agreement with Fluor-B&W Portsmouth to Purchase UF6 May 26, 2011 New York – Traxys North America LLC (Traxys) announced today it has entered into an agreement for the purchase of all UF6 through 2013 that Fluor-B&W Portsmouth LLC (FBP) expects to receive in return...

Traxys Projects LP Invests USD1M In Kasbah Kasbah Raises an Additional A$1.0M to Advance Achmmach Drilling Programme 19 April 2010 Kasbah Resources Limited (ASX: KAS) “Kasbah” is pleased to announce that it has signed a subscription agreement with Traxys Projects LP, a 100% owned...

Rare Earth Metals to Stand Out in Crisis  Reuters Interview by Anna Stablum 16 October 2008 LONDON (Reuters) - Metals merchant Traxys expects lower prices in most basic raw materials until the second half of next year, but sees opportunities in "rare earth" metals, the chief executive...

Metals merchant Traxys expands into uranium Reuters Interview by Anna Stablum 11 October 2007 LONDON (Reuters) - Metals merchant Traxys is widening its product portfolio to include uranium as increasing interest from hedge funds and growing global demand bolsters the market, chief executive...

Traxys Group Enters Worldwide Uranium Market with Experienced Hire 5 October 2007 New York – The Traxys Group announced today its entry into the worldwide uranium market and the hiring of Kevin Smith to be its Director of Uranium Marketing & Trading. Traxys will extend its expertise in...