Myra Falls mine is located in Strathcona Provincial Park, 90 kilometres southwest of Campbell River on Vancouver Island, British Columbia. The mine has been operational since 1965 and currently employs 450 employees and contractors.
Myra Falls Mine has a lifespan of more than ten years. It is ramping up production to more than 800,000 metric tonnes of zinc, lead, and copper ore per year, key commodities in the transition to a lower-carbon economy.
The Myra Falls mining operation was previously owned by leading global zinc and lead producer Nyrstar. Following the company’s financial restructuring in 2019, Trafigura became a majority shareholder, and the mine is now part of the Trafigura Mining Group portfolio. Trafigura Mining Group’s assets extend across Europe, Africa, North America, and Latin America, ranging from wholly-owned facilities to joint ventures and minority investments.
Trafigura is a leading provider of the key commodities that power and develop our world, with international operations comprising 8,619 employees in 88 offices across 48 countries. For almost three decades, Trafigura has been connecting its customers to the global economy, growing prosperity by advancing trade. Trafigura sources, stores, blends, and delivers a range of raw materials, including oil and refined products and metals and minerals, to customers worldwide and has recently established a Power and Renewables Trading division.
The trading business is supported by industrial investments and assets, including majority ownership of global zinc and lead producer Nyrstar; a significant shareholding in global oil products storage and distribution company Puma Energy; global terminals, warehousing and logistics operator Impala Terminals; Trafigura Mining Group; and Galena Asset Management.
Trafigura has achieved substantial growth over recent years, increasing revenue from USD12 billion in 2003 to USD147 billion in 2020.
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