Mercuria, Heeney Capital ink Venezuela offtake deals under White House-backed initiative

Geopolitics · Reuters ·

Mercuria, Heeney Capital ink Venezuela offtake deals under White House-backed initiative

Mercuria Energy Group and Heeney Capital secured strategic offtake agreements for Venezuelan bulk commodities and gold projects under a White House-backed initiative. The deals are expected to unlock about $2.2 billion in annual mineral export value, with additional opportunities across aluminum, nickel and ferrous products that could add another $3 billion.

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