01-07-2025
Vitol Launches Mine Finance Fund as Competition Grows for Metals
Vitol Group and Breakwall Capital have formed a credit fund targeting mining companies in the Americas, as competition among traders for copper and other metals contracts heats up.
Valor Mining Credit Partners LP will be managed by Breakwall and offer capital to companies looking to refinance debt, make acquisitions and expand in other ways, the firms said. Breakwall, which spun out from Riverstone Credit Partners last year, already partners with Vitol on another fund focused on upstream oil and gas.
