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Vitol has officially joined the International Copper Association, recognizing the critical role copper plays as the world accelerates toward electrification.
The International Copper Association advocates for copper, working to promote its use, protect its markets, and strengthen demand as a key material for the future. ICA collectively represents over 50% of global copper production.
Vitol is a global energy and commodities company, its primary business of trading is complemented by a range of energy infrastructure.
Bruno Porto, head of copper at Vitol stated: “We are pleased to join the ICA which provides a valuable platform to collaborate with industry leaders. Demand for power is expected to continue increasing and copper is integral to the infrastructure required to enable this.”
Steven Rowland, Chair of the International Copper Association, and Juan Ignacio Díaz, CEO of the International Copper Association, welcomed Vitol’s membership. “Vitol’s membership reflects the growing importance of copper across global markets. Their presence in the metals industry will help strengthen ICA’s strategy to promote, protect, and defend copper.”
Established in Rotterdam in 1966, Vitol is the world’s leading independent energy trader and is expanding into metals like copper as it seeks to diversify its business in the context of evolving energy demand.
About the International Copper Association
The International Copper Association (ICA) is the voice of copper, working to promote its value, protect its markets, and sustain demand. ICA represents more than half of the world’s copper production, with 40 members across six continents. Headquartered in Washington, D.C., ICA operates in the United States, Europe, Asia, and Latin America. Learn more at internationalcopper.org.