Aramco is Getting into... Metals?! 🧲💰

in #technology2 days ago

Hey there, fellow money-movers and market-watchers!

Guess what? The world's oil giant, Aramco, is making a splash in a totally new pond: metals! 😮 You know, the stuff that makes our cars, phones, and pretty much everything else? Yeah, that metal!

It sounds like Aramco Trading, which is the trading arm of the giant Saudi Arabian oil company Aramco, is seriously getting into the metals game. And when I say serious, I mean serious. We're talking about copper, which is like the VIP of industrial metals, and they're even hiring a bunch of experts. It's like they're assembling the Avengers of metal trading! 🦸‍♂️

Why metals, you ask? Well, the world is changing, folks. We're all buzzing about electric vehicles, renewable energy, and all sorts of tech that needs… you guessed it, metals! So, it seems Aramco is thinking ahead and wants a piece of that metal pie. 🥧 Smart move, right?

SOURCE

It's kinda like your favorite band suddenly dropping a completely different genre of music – unexpected, but exciting! 🎸 Will this be a game-changer for the metals market? Will Aramco become the king of copper? Only time will tell, but one thing's for sure: things are about to get metallic! 🤘

Original article: Bloomberg - Aramco Trading Pushes Into Metals, Plans Copper Hires