Page 4 - Infinity Logistics News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Glencore’s decision to sell its warehousing and logistics business looks like a well-timed call on the metals storage market. It bought Access World in 2010 in the wake of the financial crisis, which generated a surge of metal, particularly aluminium, into London Metal Exchange (LME) warehouses. Total LME inventory of all metals mushroomed from 3.41 ...

Infinity Logistics keen to tap into local capital market

Exchange stocks have been draining away as pandemic demand recovery collides with disrupted supply chains across the base metals spectrum.

As the company continues to sell smaller assets.

Glencore is selling its metals warehousing business to Malaysia-based Infinity Logistics and Transport Ventures.