能源集团对刚果民主共和国的铜生产进行了又一次重大押注，达成了一项从上海杰事杰新材料集团旗下企业购买金属的协议。
Energy Group has placed another big bet on copper production in the Democratic Republic of Congo, sealing a deal to buy metal from units of Shanghai Jayson New Energy Materials Group.
该协议是贸易商在铜价飙升之际预付巨资以确保铜资源供应的最新例证，同时不同市场的价格差异也带来了额外的获利机会。
The agreement is the latest example of how trading houses are paying large sums in advance to secure access to copper as prices soar, while price disparities in different markets offer additional opportunities for profit.
知情人士透露，摩科瑞将向杰事杰旗下的香港卓越矿业投资有限公司（Hongkong Excellen Mining Investment Co.）和新加坡卓越私人有限公司（Singapore Excellen Pte Ltd.）支付最高2.5亿美元，用于购买刚果业务三年期的供应量，其中包括新投产的金加基拉（Kinga Kila）项目。因讨论一项未公开的交易，知情人士要求匿名。
Mercuria will pay Jayson subsidiaries Hongkong Excellen Mining Investment Co. and Singapore Excellen Pte Ltd. up to $250 million for three years of supply from operations in Congo, including the newly started Kinga Kila project, according to people familiar with the matter, who asked not to be named discussing a non-public deal. A spokesperson for Mercuria declined to comment.
摩科瑞的一位发言人拒绝置评。杰事杰以及香港卓越和新加坡卓越的代表没有立即回应置评请求。
Jayson and representatives at Hongkong Excellen and Singapore Excellen didn’t immediately respond to requests for comments.
电池巨头宁德时代新能源科技股份有限公司亿万富翁董事长曾毓群名下的一个投资实体持有香港卓越近30%的股份，该公司拥有刚果的铜矿合资企业。杰事杰的主营业务包括制造锂离子电池前驱体材料，控制着该公司其余的股份。宁德时代没有立即回应置评请求。
An investment vehicle belonging to Robin Zeng, the billionaire chairman of battery giant Contemporary Amperex Technology Co. Ltd., owns nearly 30% of Hongkong Excellen, which holds the Congolese copper ventures. Jayson, whose main business includes manufacturing precursor materials for lithium-ion batteries, controls the rest of the company.
贸易商一直在大量参与刚果的预付款交易。刚果已成为全球铜供应的增长引擎，并巩固了其仅次于智利的全球第二大铜生产国地位。托克集团（Trafigura Group）向艾芬豪矿业公司（Ivanhoe Mines Ltd.）预付20亿美元（注：原文如此，应为2亿美元，但保持直译或按原文数字）用于卡莫阿-卡库拉（Kamoa-Kakula）综合体的粗铜，而摩科瑞则支付了1亿美元以确保获得欧亚资源集团（Eurasia Resources Group）三年期的铜产量。
CATL didn’t immediately respond to a request for comments. Traders have been piling into prepayment deals in Congo, which has emerged as the growth engine for global copper supply and cemented its status as the second-biggest producer of the metal after Chile. Trafigura Group paid Ivanhoe Mines Ltd. $200 million in advance for copper anodes from the Kamoa-Kakula complex, while Mercuria paid $100 million to guarantee access to three years of copper output from Eurasian Resources Group.
知情人士称，为摩科瑞向杰事杰支付的大部分预付款提供融资的银团预计将得到荷兰合作银行（Rabobank）等贷款机构的支持，这凸显了大宗商品融资机构支持此类安排的意愿。荷兰合作银行拒绝置评。
The syndication to finance the majority of Mercuria’s advance to Jayson is expected to be supported by Rabobank, among other lenders, the people said, underscoring the appetite of commodity financiers to back these kinds of arrangements. Rabobank declined to comment.
在刚果，摩科瑞还成立了一家合资企业，帮助该国国有矿业公司销售从该国多个项目的股权中获得的数吨铜和钴。
In Congo, Mercuria has also set up a joint venture to help the state mining firm market tons of copper and cobalt it gets from equity interests in several projects in the country.
根据政府数据，杰事杰在刚果的三个项目今年上半年生产了约5.6万吨铜。最新启动的项目于5月开始出口金属。
Jayson’s trio of projects in Congo produced about 56,000 tons of copper in the first half of the year, according to government data. The latest began exporting metal in May.
宁德时代持有中国洛阳钼业集团股份有限公司（CMOC Group Ltd.）25%的股份，该公司以两个大型运营项目主导了刚果的铜生产。这家电池制造商还持有洛阳钼业吉桑富（Kisanfu）矿山同等比例的额外股份，该矿山是全球最大的电池材料钴来源。这两种金属在刚果经常共同被发现。
CATL holds a 25% interest in China’s CMOC Group Ltd., which leads copper production in Congo with two giant operations. The battery maker also owns an additional stake of the same size in CMOC’s Kisanfu mine, which is the world’s top source of battery material cobalt. The two metals are often found together in Congo.