Back
19 May 2026
Geo Energy: Two global giants have priced this stock but the Market hasn’t
Trafigura does not do favours. One of the world’s largest commodity trading houses, moving metals, oil and coal across six continents with 14,500 people and more transactional firepower than most central banks, commits capital only when its own due diligence tells it to.
On 18 May 2026, Trafigura signed a memorandum of understanding to offtake 100% of export volumes from Geo Energy’s prospective hard coking coal mine in Central Kalimantan, and to prepay between US$50 million and US$100 million to fund the ramp-up.