Trafigura and Saudi EXIM sign credit insurance deal for minerals
The policy will support multi-year prepayment transactions with mining companies worldwide, with an expected value of up to $800m. Saudi Arabia will gain access to critical metals and minerals as it diversifies away from oil.
Singapore-headquartered commodiities giant Trafigura Group and Saudi Export-Import Bank (Saudi EXIM) signed a first-of-its kind critical metals insurance policy earlier this month during the Future Minerals Forum 2026 in Riyadh.
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