Trafigura-Origo Mongolia is a joint venture company that seeks to invest in coal, iron ore and lead-zinc opportunities in Mongolia. Trafigura Beheer B.V (“Trafigura”) and Origo formed the joint venture in November 2011 which is owned 50:50 by wholly-owned Mongolian subsidiaries of Trafigura and Origo respectively.
The company takes advantage of Origo’s transactional, geological and technical expertise in Mongolia and Trafigura’s global and Mongolian experience in commodities production, trading and logistics. Origo will share in the benefits of the trading of commodities from assets that the company invests in.
The joint venture is jointly managed by Luke Leslie, Head of Mongolia and Mining Investments at Origo and Mikhail Zeldovich, Head of Russia/CIS and Mongolia at Trafigura. The Company’s Board also includes Chris Rynning, CEO of Origo and Chris Cox, a Director at Trafigura