About us

MATSA is a modern and sustainable Spanish mining company which owns and operates three mines in the province of Huelva: Aguas Teñidas and Magdalena mines located in Almonaster la Real, and the Sotiel mine located in Calañas, in the province of Huelva.

MATSA is based in the Almonaster la Real municipality, in the north of the Iberian Pyrite Belt. This mining district extends over 250 km, and it has been a source of metals since Phoenician times over 2,500 years ago.

MATSA is a jointly-owned company by Mubadala Investment Company, a pioneering global investor, deploying capital with integrity and ingenuity to accelerate economic growth for the long-term benefit of Abu Dhabi, and by Trafigura, one of the world’s leading independent commodity trading and logistics houses.

MATSA’s business consists of the exploration and extraction of mineral deposits as well as the processing of mineral ores at the company’s facilities situated in the Almonaster la Real municipality. The processing plant has a technical capacity to process more than 4.4 million tonnes of copper and polymetallic ore each year. It is designed to operate 24 hours per day, 365 days per year.

The mining method is based on the underground exploitation of primary and secondary stopes which are subsequently backfilled with a paste generated from the tailings exiting the process plant.

Through the three mining projects that are in operation, MATSA is currently the main driving engine in terms of employment and wealth generation in the area. As part of our commitment to local development, MATSA follows a concentric circles policy whereby priority is given to employing staff and suppliers from local communities.

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About Mubadala Investment Company

Mubadala is a pioneering global investor, deploying capital with integrity and ingenuity to accelerate economic growth for the long-term benefit of Abu Dhabi. As Abu Dhabi’s leading strategic investment company, Mubadala is active in 13 sectors and more than 30 countries around the world, creating lasting value for our shareholder, the Government of Abu Dhabi.

Our work includes the development of global industrial champions in sectors such as aerospace, ICT, semiconductors, metals & mining and renewable energy, utilities, and the management of diverse financial holdings. We build on legacy expertise in oil and gas to invest across the hydrocarbon spectrum, and enhance the UAE’s growth potential through investments in healthcare, real estate and defense services. Our investment approach prioritizes partnership with best-in-class organizations and a commitment to the highest standards of governance.

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About Trafigura Group Pte Ltd

Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Trafigura sources, stores, transports and delivers a range of raw materials (including oil and refined products and metals and minerals) to clients around the world.

The trading business is supported by industrial and financial assets, including 49.3 percent owned global oil products storage and distribution company Puma Energy; global terminals, warehousing and logistics operator Impala Terminals; Trafigura's Mining Group; and Galena Asset Management.

The Company is owned by over 700 of its 8,000 employees who work in 80 offices in 41 countries around the world. Trafigura has achieved substantial growth over recent years, growing revenue from USD12 billion in 2003 to USD 171.5 billion in 2019. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade.

Visit: https://www.trafigura.com

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