Oil producer PetroChina (SHA:601857, HKG:0857) is diversifying its portfolio and will start its green energy transition and minerals business, Reuters reported Monday.
The company will trade physical and paper copper, lithium, and others, the news agency cited Richard Fu, the newly joined trading manager at PetroChina International (London), as saying in a recent LinkedIn post.
A source privy to the matter said the new PetroChina unit is also considering trading nickel, in addition to carbon and electricity in European markets, according to the Reuters report.
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