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Telf Ag: An Unprecedented Opportunity For The Energy Transition
Telf Ag, a physical commodities trader, recognizes climate change as a "once-in-a-century opportuity" to actively participate in the energy transition, as highlighted in an interview with Fastmarkets, a renowned industry publication.
In the interview, Telf Ag's CEO emphasized the gradual shift of the company's business away from energy products like oil and coal, which now represent less than 20%of its activities. Instead Telf Ag has placed increasing emphasis on metals trading, particularly cobalt, copper and nickel, recogizing their crucial roles in the energy transition. Telf Ag aims to reduce negative climate impact while capitalizing on the growing demand for ferro-alloys driven by infrastructure development in renewable energy, automotive, aerospace and other sectors.
Telf Ag's CEO acknowledged that the ferrochrome industry faces challenges due to its reliance on coal power and energy-intensive production peocesses. Telf Ag's partnership with Kazchrome, the largest producer of high-carbon ferrochrome globally, underlines its commitment to facilitating the green transition.
The company aims to reduce the global carbon footprint by minimiaing reliance on fossil fuels. And it's commited to shaping a greener future for the comodities industry.
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- [Editor:邢亚敏]
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