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US, Venezuela in Talks on Fresh Aluminum Cargo in Trade Revival

Bloomberg Markets Tuesday 03 November 2026, 16:46 UTC By James Attwood 1 min read
Key Points

EXCLUSIVE US, Venezuela in Talks on Fresh Aluminum Cargo in Trade Revival Venezuela is in negotiations for a second shipment of aluminum to the US as part of a symbolic resumption of trade after years of economic and diplomatic disruptions. Trading house Mercuria Energy Group and private mining investors Heeney Capital are in talks with Venezuelan officials, according to people with knowledge of the matter. Terms will likely be similar to a 15,000 metric-ton cargo that arrived in New Orleans...

EXCLUSIVE US, Venezuela in Talks on Fresh Aluminum Cargo in Trade Revival Venezuela is in negotiations for a second shipment of aluminum to the US as part of a symbolic resumption of trade after years of economic and diplomatic disruptions. Trading house Mercuria Energy Group and private mining investors Heeney Capital are in talks with Venezuelan officials, according to people with knowledge of the matter. Terms will likely be similar to a 15,000 metric-ton cargo that arrived in New Orleans in late September, with the new shipment anticipated to depart by year-end, the people said, asking not to be identified discussing ongoing private talks.
US (LOCATION) Venezuela (LOCATION) Trade Revival (ORG) Mercuria Energy Group (ORG) Heeney Capital (ORG) Venezuelan (ORG) New Orleans (LOCATION)
Originally published by Bloomberg Markets Read original →

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