Gerald Group

At Gerald, we believe it's important to observe and reflect on our efforts and progress toward becoming a more equitable and diverse organisation. Although Juneteenth is a federal holiday in the United States, we encourage employees in our global offices to contemplate the steps we take as a group to make each Juneteenth year a more progressive journey.   We highly value the individual differences, backgrounds, perspectives, and experiences that our employees bring to Gerald. Attracting, retaining, and developing a diverse range of talented, enthusiastic, and committed individuals is a core focus. Our diversity-affirming approach provides equal opportunity for employment and advancement across all functions and locations globally, and many of our employees have worked in multiple departments and offices – allowing for strong teamwork and diversity. We encourage collaboration and employee engagement that proactively seeks the representation of all employee perspectives, embracing individuals’ differences and cross-collaboration across all our sites. #juneteenth #equalopportunity #diversity #equality #freedomday

On the occasion of Eid al-Adha, Gerald Group wishes you a festive Eid Mubarak.    #eidaladha #eidmubarak #diversity #community #equality #inclusivity

We were honoured to be among fellow industry leaders at TXF’s #Perfect10 #Dealsoftheyear black-tie awards last night and to receive the ‘Metals Finance Commodity Deal of the Year’.   TXF’s industry-renowned event was celebrated on the eve of the TXF Amsterdam 2024: Global Natural Resources & Commodities Finance Conference, and recognised 10 top deals of 2023 in global commodity finance, which were voted on by participants from the industry, including banks and borrowers and verified by TXF’s experienced and senior editorial team.    Congratulations to our colleagues and banking partners who worked on Gerald Group’s annual syndicated $185M Revolving Credit Facility.   Let’s honour the achievements and innovation within our industry together. 🏆✨   #TXFAmsterdam24  #TXFDOTY  #TopDeals2023  #globalcommodities24 #commodityfinance #metalsmerchant  #energytransition

Gerald Group, together with The Women in Platinum Group Metals (WiPGMs), are committed to supporting the careers of women in the platinum group metals industry and across the value chain, by providing opportunities to discuss, debate, mentor and grow the industry and their roles within it.   The world is changing rapidly and sustainability, technology, competitiveness and the security of critical mineral supplies were some of the key themes discussed at WiPGM’s hybrid event in London on 13 May, 2024. The panel presented their knowledge and experience on “the impact of sustainability, carbon neutrality and chain of custody on future company investment and product development strategies” for producers and consumers in the PGMs industry, enabling the development and growth of a more decarbonised world.    The network is governed by a team of dedicated and committed women with experience across various segments and disciplines within the platinum group metals industry. According to Wilma Swarts, WiPGM’s Chairperson, “While 85% of the PGMs industry events globally are still represented by men, we had an audience represented by 75% of women, including many senior executives who attended to network and hear from a distinguished panel of experts from the metals and mining industry, venture capital finance, and sustainability & ESG.   WiPGMs also updated members and the audience on the first successful year of its Mentorship Programme.    Replay available here: https://lnkd.in/ef9cZ5d9   #WomenInCommodities #WiPGMs #CommodityTrading #PlatinumGroupMetals #GeraldWomen #WomenInMining

WiPGMs London Platinum Week Event, London – 13 May 2024   The Women in Platinum Group Metals (WiPGMs) network will meet next month to discuss the impact of sustainability, carbon neutrality and chain of custody on future company investment and product development strategies.   Gerald Group is a Global Sponsor of The Women in PGMs.  Zhuoying Jing, head of precious metals at Gerald supports and steers the global network and its development in Asia, helping WiPGMs and women to connect, discuss, debate, mentor, inspire and succeed across all aspects of the platinum group metals value chain, and to play a role in the growing PGMs industry.     The in-person event will be at Fortnum & Mason, 181 Piccadilly Street, London from 8.30 for 9:00 – 10:00 BST on 13 May 2024.    Read more - https://lnkd.in/d87Y7Vsi   #WomenInCommodities #WiPGMs #CommodityTrading #PlatinumGroupMetals #GeraldWomen #WomenInMining

Gerald Group Earns Green Loan Status for $650 Million Facility Gerald Group’s North American trading hub - GT Commodities’ Borrowing Base sublimit for low-carbon aluminum now qualifies as a green sublimit to issue green loans as per Loan Market Association guidelines. This follows the successful conclusion of an independent assessment against the LMA’s green loan principles and other relevant market guidelines. The facility was successfully refinanced in the second half of 2023 for $650 million and extended for two years, receiving strong support from the market with a substantial oversubscription of more than $200 million. Rabobank acted as mandated lead arranger, administrative agent and green coordinator for the syndicate, which totalled 13 lenders. Patricia Nikolopoulos, Gerald’s CFO, commented: “We are delighted with the support we have once again received for our banking partners for our Northern American business. This remains a key market for our low-carbon aluminum and our other refined metals trading.” “Rabobank is pleased to have successfully managed the refinancing of Gerald’s borrowing base facility,” said David Bassett, CEO ad interim of Rabobank Wholesale Banking North America. “This deal reflects the trusted relationship we have with Gerald and our innovative approach to meeting client needs. Adding a green loan feature to the facility is a testament to Rabobank’s expertise in sustainable finance and our steadfast commitment to banking the energy transition.” Read more: https://lnkd.in/dnG3W5Yf #sustainability #climatechange #lowcarbonmetals #decarbonisation #metalsmerchant #commodityfinance #womenincommodities 

We are pleased to share Gerald Group’s 2023 Sustainability Report, showcasing our commitment to sustainability across all our operations. As a leading physical metals merchant, the Group’s sustainability programme is designed to move the needle in fostering a more sustainable global metals trade.    New for this reporting period is the inclusion of Gerald Group’s disclosures of Climate Risks and Opportunities (CROs) as per the recommendations of the FSB Task Force on Climate-related Financial Disclosures (TCFD). The TCFD reporting amplifies the Group’s commitment to the Paris Agreement and to incorporating climate change considerations into our operations.    As of the end of 2023, Gerald Group proudly exceeded its GHG emissions reduction targets with a 74.4% reduction across Scopes 1–3 and a 42.9% reduction for Scopes 1–2, compared to our 2021 baseline on an absolute basis.     The Report also includes asset-level reporting for Marampa Mines Limited, the Group’s flagship iron ore mining project, which is generating in-country value via a strong local content programme, positive environmental and social outcomes, interventions to lower GHG emissions, and an impactful contribution to the social and economic development of its host communities and Sierra Leone. #sustainability #climatechange #energytransition #lowcarbonmetals #decarbonisation #metalsmerchant #commodityfinance #womenincommodities #womeninPGMs  

International Women's Day is recognised globally to celebrate the achievements made by women across the globe. As a global metals merchant, Gerald Group is working towards gender parity in our workforce. We consider our people to be our greatest asset. Our diversity-affirming approach provides equal opportunities for employment and advancement across all functions and locations globally. We emphasise teamwork, collaboration, inclusivity, and employee engagement, proactively seeking our employees’ perspectives and valuing their differences. This International Women’s Day, let us consider how we unite to embrace our challenges and opportunities and shape a better future for all. #WomenInCommodities #GeraldWomen #CommoditiesFinance #MetalsMerchant #MarampaBlue #IWD2024 #Diversity #Equity #Inclusion 

GERALD GROUP wishes you and your families a very Happy Chinese New Year of the DRAGON.   #chinesenewyear2024 #yearofthedragon #metalstrading

Gerald Group is pleased to have extended its current offtake agreement of high-grade tin concentrate by four years with Alphamin Resources Corp. (AFM: TSXV, APH:JSE: AltX) (“Alphamin”), secured on the basis of a ~60% reduction in tin marketing costs and an up to US$50 million tin prepayment arrangement. Gerald’s tin prepayment arrangement is effective immediately.    Alphamin produces 4% of the world’s mined tin from its high-grade operation (Alphamin Bisie Mining SA) in the Democratic Republic of Congo.    https://lnkd.in/ejerXXWG   #metalsmerchant #criticalminerals #energytransiton #tinconcentrate #commoditiesfinance Credit: Alphamin Resources Corp.