InterGroup Mining Limited Traxys

InterGroup Mining Ltd is pleased to announce the signing of an offtake agreement with the Traxys Group (www.traxys.com) for the marketing and distribution of kaolin and metakaolin products produced at its Brumby Project in northern Queensland, Australia.

Traxys’ CEO, Mark Kristoff, has expressed his delight at the development:

“We are ecstatic to have reached an agreement with InterGroup and to be able to take advantage of the opportunity it presents.” Our Industrial Minerals group has been involved in similar projects as Traxys and InterGroup. We’ve been trading commodities on a global scale for over 20 years, and this agreement allows us to continue doing so into these new fields. Kaolin has a market worth more than $4 billion dollars per year.

As kaolin and metakaolin play a critical role in the decarbonisation of the cement and construction sectors, we expect this to grow rapidly. The Brumby project’s size provides the foundation for the two companies to be a significant longer-term market player.”

InterGroup Chairman Neil Miller had this to say:

“We are ecstatic to have reached this important agreement with Traxys – an agreement that will help us achieve our goals reflects a strong working relationship between each team and allows us to access Traxys’ extensive knowledge base Competence and experience in industrial mineral marketing. We are looking forward to a long and fruitful relationship.

IGM is able to fully unlock the potential of Brumby kaolin and metakaolin as a result of this productive relationship within these products’ rapidly developing markets.”

Traxys Information

In the metals and natural resources sectors, Traxys is a physical commodity trader and merchant. Logistics, marketing, distribution, supply chain management, and trading are all handled by the company. It employs over 450 people in over 20 offices around the world, and its annual revenue exceeds USD 7 billion.

Traxys is a sourcing, trading, marketing, and distribution company based in Luxembourg. Nonferrous metals, ferroalloys, minerals, industrial raw materials, and energy are all examples of non-ferrous metals. The company caters to a wide range of clients.

The company serves a large number of industrial clients and provides a full range of commercial and financial services. Traxys is a privately held company owned by Traxys’ management team and The Carlyle Group (NASDAQ: CLY) (NYSE: CLY) CG), as well as affiliates of Louis M. Bacon, the founder of Moore Capital Management, LP, and Moore Capital Management, LP, and Moore Capital Management, LP, and Moore Capital Management, LP, and Moore Capital Management, LP, Mr. Bacon’s private investment firm, Strategic Ventures, LLC.

InterGroup Mining Limited

InterGroup Mining Limited is an Australian company that specialises in mineral exploration and extraction. It is critical to achieve a net-zero-emissions world. Its current focus is on the development of a major high-quality kaolin and gold project in NE Queensland, Australia, about 250 kilometres north of Brisbane.

from Townsville’s major seaport, west of Charters Towers, and immediately north of the goldfields Pentland’s bearing district Please visit www.igmining.com for more information.

by Rachel Buscall

by Rachel Buscall

Co-Founder & Managing Director at New Capital Link. Having started her career in the financial sector, Rachel demonstrated a natural flair for entrepreneurship.

New Capital Link

Alternative investment specialists offering structured opportunities across the UK & Overseas.

New Capital Link is a boutique London-based introducer that offers unique UK & global investment opportunities worldwide.

Recent Posts

Follow Us

Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be very complex and high risk.

What are the key risks?

1. You could lose all the money you invest

If the business offering this investment fails, there is a high risk that you will lose all your money. Businesses like this often fail as they usually use risky investment strategies. 

Advertised rates of return aren’t guaranteed. This is not a savings account. If the issuer doesn’t pay you back as agreed, you could earn less money than expected or nothing at all. A higher advertised rate of return means a higher risk of losing your money. If it looks too good to be true, it probably is.

These investments are sometimes held in an Innovative Finance ISA (IFISA). While any potential gains from your investment will be tax free, you can still lose all your money. An IFISA does not reduce the risk of the investment or protect you from losses.

2. You are unlikely to be protected if something goes wrong

The business offering this investment is not regulated by the FCA. Protection from the Financial Services Compensation Scheme (FSCS) only considers claims against failed regulated firms. Learn more about FSCS protection here. https://www.fscs.org.uk/what-we-cover/investments/ or

Protection from the Financial Services Compensation Scheme (FSCS), in relation to claims against failed regulated firms, does not cover poor investment performance. Try the FSCS investment protection checker here. https://www.fscs.org.uk/check/investment-protection-checker/

The Financial Ombudsman Service (FOS) will not be able to consider complaints related to this firm or Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA-regulated firm, FOS may be able to consider it. Learn more about FOS protection here. https://www.financial-ombudsman.org.uk/consumers

3. You are unlikely to get your money back quickly

This type of business could face cash-flow problems that delay interest payments. It could also fail altogether and be unable to repay investors their money. 

You are unlikely to be able to cash in your investment early by selling it. You are usually locked in until the business has paid you back over the period agreed. In the rare circumstances where it is possible to sell your investment in a ‘secondary market’, you may not find a buyer at the price you are willing to sell.

4. This is a complex investment

This investment has a complex structure based on other risky investments. A business that raises money like this lends it to, or invests it in, other businesses or property. This makes it difficult for the investor to know where their money is going.

This makes it difficult to predict how risky the investment is, but it will most likely be high.

You may wish to get financial advice before deciding to invest.

5. Don’t put all your eggs in one basket

Putting all your money into a single business or type of investment for example, is risky. Spreading your money across different investments makes you less dependent on any one to do well. 

A good rule of thumb is not to invest more than 10% of your money in high-risk investments. https://www.fca.org.uk/investsmart/5-questions-ask-you-invest

If you are interested in learning more about how to protect yourself, visit the FCA’s website here: https://www.fca.org.uk/investsmart

For further information about minibonds, visit the FCA’s website here.https://www.fca.org.uk/consumers/mini-bonds