RS Global Energy FZE ('RS Global' or "the Company") provides the following update.
An Energy trading company, RS Global, which is incorporated in Fujairah, United Arab Emirates, is pleased to announce another trading transaction for supplies of Copper Concentrate.
Our dynamic business strategy continues to deliver results as we enhanced our accessibility for securing mining resources, value additions, and partnerships. Our portfolio-wide forecast accumulative annual revenues exceed US$1.52 billion.
RS Global is a value-centric business, with optimization, risk management, and economic returns embedded in all of our practices. Sustainability and long-term focus remain the key drivers for value generation across our stakeholders.
Jose Ferreira Ramos, Chairman and Executive President, RS Global, commented:
I am excited to announce an addition to our growing portfolio of trading transactions, especially for Copper Concentrate, which is strategic for us, as we are successfully diversifying our accessibility from Copper Ore to semi-refined Copper Concentrate to the processed product of Copper Cathode. We strongly believe the future outlook for Copper will remain stable, and our business strategy will generate value from the miners to the manufacturers.
This transaction is another step forward to steer the business based on our vision to formulate a vertically integrated energy business, accessibility across multi-geographies, and sustainable growth. Our technical and operational capabilities are growing along with a highly skilled leadership and management team.
My focus remains on delivering target value for all our partners from short to long term with optimization and a robust ESG framework.
© Press Release 2021
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