Rektron Group Inc

📣 News! #IPO

📰 Rektron Group Inc. Announces Successful IPO on the Canadian Securities Exchange (CSE) We are thrilled to announce that Rektron Group Inc. has successfully closed its IPO and is now trading on the Canadian Securities Exchange under the symbol REK.U. This is a monumental milestone for the company, and it marks just the beginning of an exciting journey ahead. Rektron Group Inc. is proud to maintain a team of seasoned management and traders, bringing together energy and metals experts, City of London and Wall Street bankers. With a commitment to extensive geographical and product diversification, our expertise spans principal energy and metals products, Energy Transition Commodities (ETC), recycled metals, and compliant refined oil products. Stay tuned as we continue to innovate and grow in the global marketplace! https://lnkd.in/eXUj_XNW

News 🗞 China, the world’s biggest maker of solar panels, EVs, and wind turbines, has built the world’s largest offshore oil platform that will be used at the Marjan field in Saudi Arabia. The structure, according to Chinese media, represents a breakthrough in the country’s development of large-scale offshore energy infrastructure. It also signals that there is enough demand for oil to motivate the investment in such a massive structure. Indeed, the parameters of the platform are impressive. At 24 stories high, the platform weighs over 17,000 tons, has a deck the size of 15 basketball courts, and has an annual capacity for 24 million tons of crude oil, which is about 176 million barrels, and 7.4 billion cubic meters of natural gas. The platform will now travel to Saudi Arabia where it will be installed at the Marjan field, which is currently undergoing an expansion aimed at boosting production. The program will cost $12 billion and add 300,000 barrels daily to the field’s capacity, bringing the total to 800,000 bpd. It would also add another 360,000 bpd in ethane and natural gas liquids production. The gas production capacity of the field is set to rise by 2.5 billion cu ft per day. All this is happening while the International Energy Agency forecasts peak oil demand before 2030. It seems that with or without that peak, there will be plenty of demand for new production capacity, even as Saudi Arabia cancelled its broader production capacity expansion program amid falling oil prices. The completion of the Chinese mega platform also coincided with another breakthrough, this time from Chevron. The company announced last week it had successfully tested a new high-pressure extraction technology at a deep water well in the Gulf of Mexico. The success of the technology means more resources could become recoverable. Full article available - https://lnkd.in/e_UfHASE #Commodities #Energy

Today, we are celebrating National Respect Canada Day! Canada is ranked sixth in terms entrepreneurship and is renowned for being one of the safest places to live. Not to mention its breath taking natural beauty, with spectacular vistas of gorgeous lakes and snow-capped mountains. Here at Rektron Group, we are proud to support our group's global trading operations. For more information please visit: www.rektrongroup.com

A newly adopted model law governing warehouse receipts by the UN is set to unlock fresh financing opportunities for commodity producers in developing countries and help mitigate fraud. Developed by UNIDROIT and UNCITRAL, the law offers a comprehensive framework for using warehouse receipts as collateral, particularly benefiting nations rich in agricultural commodities but lacking the necessary legal infrastructure. The final text, adopted by UNCITRAL on June 26 after UNIDROIT’s mid-May adoption, aims to provide essential regulations for a robust warehouse receipts system, enabling both paper-based and electronic receipts. This initiative is especially significant for small entrepreneurs in the agricultural sector, promoting secure transactions and easier access to finance. The law is adaptable to both civil and common law jurisdictions, ensuring smooth implementation without extensive legislative changes. The final text will be published later this year, with a guide to enactment expected in 2025. https://lnkd.in/er3_hmXV #Trade #Commodities #WatchThisSpace

🌍 World Population Day: July 11th 🌎 World Population Day was established in 1989 by the Governing Council of the United Nations Development Programme — UNDP. The inspiration for this holiday was the peaking public interest in the celebration of ‘Five Billion Day’ on July 11, 1987. This original date was decided to be set as ‘World Population Day’ by the United Nations General Assembly, and resolution 45/216 made this official in December 1990. Why is World Population Day Important? Awareness of our population increase is crucial for considering development of world resources, healthcare and nature. Ensuring Sustainable Development 🌟 With the global population now exceeding 8 billion, the strain on natural resources is becoming increasingly evident. Sustainable development involves creating systems and practices that allow for the current population’s needs to be met without compromising the ability of future generations to meet theirs. This includes promoting renewable energy sources, efficient water management, and sustainable agricultural practices. Recognizing World Population Day helps drive home the importance of these efforts, encouraging individuals and governments to adopt and support sustainable living. In conclusion, World Population Day is not just a commemoration but a call to action. By acknowledging this day, we underscore the importance of planning for a sustainable future. Ensuring the equitable distribution of resources, building strong healthcare and educational infrastructures, protecting the environment, and promoting gender equality are crucial steps towards managing population growth. Let us use World Population Day as a catalyst for positive change, working together to create a sustainable and prosperous future for all. #SustainableFuture #Trade

🔥 We've Arrived! 🔥 Excitement is in the air as London Metal Exchange Asia Week kicks off tomorrow in Hong Kong. At Rektron Group Inc, we're committed to expanding our footprint in Asia and strengthening our market presence. Our team is ready to dive in, engage with industry professionals, share insights, and explore new partnerships. Stay tuned and connect with our team who are proudly representing DL Hudson Limited at this pivotal event. We look forward to welcoming our new connections to the LME cocktails in London this October. Don't miss out! Let's make great things happen together! #LME #LMEmembers #Trade #Commodities #MetalTrading #LMEAsia

💥 2 more sleeps to go until the biggest Global Trade Review (GTR) event of the year! Taking place on June 20th in London 💥 The event offers an unparalleled opportunity to connect with key players in the trade, export, supply chain, and fintech communities. With over 60 expert speakers and 30+ exhibitors, attendees will gain invaluable insights and engage in extensive networking opportunities. Join us and DL Hudson Limited as we delve into critical market insights and foster new connections. Looking forward to seeing industry leaders, peers, and potential clients there. Don't miss this chance to be part of an exceptional conference! #DLHudson #Commodities #Trade #TradeFinace

For those in London and wishing to connect our team from DL Hudson Limited are excited to announce their attendance at the Global Trade Review (GTR) Future-Proofing Trade Finance event hosted by A&O Shearman this Wednesday 19th June in London. We look forward to meeting the leading guest speaker, Cath Baxter, who will be discussing ways to optimise our communication skills when we wish to influence others and connecting with industry leaders to discuss advancements in the trade finance ecosystem. We are particularly eager to meet fellow attendees and friends Emerald Capital Group, Bank of Montreal, London Branch, Arab Bank, Aviso Capital, Europe Arab Bank, First Bank (FBNC), FCMB Group , FIRST BOSTON , HSBC ,First Commerce Bank, J.P. Morgan, Santander, SEB , TradeBacked, Greenergy, DEMICA, gunnercooke, Barclays, Alisandu Capital Management Limited, Arqit, China Construction Bank, Citi, Cornerstone Wealth Group, LLC and many others part of our trade finance community. See you there! #tradefinance #gtreview2024 #commodities #trading #tradefinancenetworking

Great start! 🔦 The SBMA (Singapore Bullion Market Association) marks its 30th anniversary along with the annual 7th Asia Pacific Precious Metals Conference, in Singapore. Day 2 drawing to an end, we are particularly impressed with the speakers, topics and global networking at this event. Ross Andrew Friedman, EMBA a key member of our team is representing DL Hudson Limited our global trading company. If you happen to be at the event and wish to connect, DO send us a message! We look forward to engaging with industry leaders, experts and stakeholders at the SBMA Asia Pacific Precious Metals Conference for the next few days. Ready to forge new connections within the ASEAN region. We hope to see you there. Thank you to the sponsors Enterprise Singapore ABC Bullion World Gold Council World Platinum Investment Council - WPIC®Rand Refinery Limited Sam Precious Metals ICBC (Asia) Ashoka Global Metals Focus Ltd BullionWorld.in #SBMA #APPMC #PreciousMetalsConference #RektronGroup #Singapore