Biography of Tennant Metals

Tennant Metals South Africa Pty Ltd boasts over half a century of proficiency in the international metals sector. It is renowned for its capability to source and supply a variety of non-ferrous base metals, including refined metals, ores, and concentrates, to a global clientele. Additionally, the firm is a recognized player in the global commodities trading arena, managing a diversified commodities portfolio

Since its establishment in 1966, Tennant Metals has continuously evolved its business model to capitalize on its greatest assets its robust network of relationships with miners, producers, smelters, and refineries. Today, it is a leading figure in the metals industry, known for its commitment to responsible sourcing and effective supply chain management, which significantly enhances ROI for its stakeholders.

The company has notable operations and business locations across South Africa and Australia.

Company History

Tennant was founded in Australia in 1966, initially focusing on the supply of scrap base metals, refined metals, and metal ores and concentrates. It quickly garnered recognition through its inaugural major undertaking as the in-house reagent supplier and production marketer for Renison Goldfield Consolidated, a notable British mining entity of its time. This early success set the foundation for decades of continuous growth.

Over the years, it transitioned to managing the trade of non-ferrous metal products, accumulating extensive expertise in logistics and commodities supply from sourcing to end-use. This extensive background has positioned itself as an indispensable partner to its clients, offering secure trading options and continuously adapting to meet the demands of the ever-changing global economic landscape while actively seeking new sourcing opportunities.

Corporate Mission

Tennant Metals aims to utilize its extensive historical resources and intellectual property to consistently enhance corporate value and provide wealth generation opportunities to its global stakeholders. The company strategically aligns with junior and mid-tier players in the industry to access and expand upon industrial mining projects and internal mining operations, focusing on refined metals, ores, and concentrates

Inrecent years,thecompanyhas also focusedonusingitsindustryknowledgeandglobalresources to stimulate organic growth, boost field production, and escalate international sales. This growth is strategically achieved through judicious use of resources and partnerships, with a critical emphasis on minimizing exposure to fluctuations in currency and metal prices through the trading of derivative financial products such as options, futures, and swaps.

Business Profile

Commodities Trading

It expands beyond traditional securities trading, using commodities trading as a strategic method to diversify its investment portfolio. This approach serves as a stabilizing factor during stock market turbulence. The company adheres to high ethical standards in its trading activities and maintains a presence in strategically critical global locations.

Metals Sourcing

Tennant excels in connecting clients with premier suppliers and manufacturers of non-ferrous metals, ensuring thebest prices andhighest quality. Afterover50yearsoffosteringstrongindustry

relationships, it has become a primary contact for both burgeoning and established mineral resource producers, placing it in an optimal position for financial success and effective risk management

Risk Aversion

The team at Tennant Metals adeptly manages investment risks by balancing the potential downsides of incorrect decisions against the risks of indecision. It analyzes current industry dynamics against future market predictions. The firm's goal is to mitigate market exposure to currency and metal price volatility through its sophisticated hedging strategies using financial derivatives.

Services Provided

Logistics

Its longstanding presence in the metal sourcing and supply sector has equipped it with extensive knowledge in logistics and global transportation, enhancing the safety and efficiency of shipping operations. This expertise also assists clients innavigating thecomplexitiesofcustoms, inspection, and insurance processes across different regions.

Hedging

Commodities trading involves inherent risks, which Tennant manages effectively through financial hedging instruments. This approach allows the company to mitigate currency risks and secure more predictable financial margins.

Financing

Tennant Metals offers a variety of financial solutions to ensure that clients' production targets are achieved within set deadlines. These financial services are designed to shield clients from external market fluctuations and economic disruptions, thereby stabilizing their operations.