Mercuria is to take a 25% stake in an aluminium smelter, as well as hunt for copper mining investments, the FT reports

Mercuria's acquisition of a 25% stake in an aluminium smelter signifies a strategic expansion into the metals sector, which could enhance their portfolio's exposure to aluminium pricing dynamics. Additionally, their pursuit of copper mining investments indicates a broader commitment to diversifying within the commodities space, potentially responding to rising global demand for copper. This move may suggest a bullish outlook on commodities, impacting related equities and pricing in the materials sector.