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Trafigura acquires 15.5% stake in Finnish nickel mine

Commodity trader Trafigura will take a 15.5% stake in Finland’s nickel and zinc mine Terrafame, it said on Friday, which will help the mine ramp up operations following years of losses and production problems. Through its Galena fund, Trafigura will acquire the 15.5% stake in the mine and finance loans as part of a €250-million arrangement.