Tennant Metals South Africa Pty Ltd boasts over half a century of expertise in the international metals market. Its core business involves the sourcing and supplying of various non-ferrous base metals, including refined metals, ores, and concentrates, serving clients across the globe. As a reputable global commodities trading entity, it manages a diversified commodities portfolio.

Established in 1966, the company has evolved by capitalizing on its vital assets: robust partnerships with a network of miners, producers, smelters, and refineries. Tennant stands today as a critical player in the metals industry, dedicated to responsible sourcing and efficient supply chain management, which enhances the return on investment for its stakeholders. The company maintains significant operations in South Africa and Australia.

Company History

Founded in Australia in 1966, the company began by sourcing and supplying scrap base metals, refined metals, and various metal ores and concentrates. Initially, it served as an in-house reagent supplier and production marketer for Renison Goldfield Consolidated, a notable British mining company at the time. The company's growth accelerated through the decades as it took over the trading responsibilities for non-ferrous metal products. Its extensive experience and expertise in logistics and supply chain management have rendered it an invaluable partner in the metals industry, adapting continually to the shifting global economic landscape while exploring new sources and market opportunities.

Corporate Mission

Tennant Metals aims to leverage its historical resources and intellectual property to consistently enhance corporate value and deliver wealth-building opportunities to its multinational stakeholders. The business model focuses on collaborating with junior and mid-tier players in the industry to access a broader range of mining projects and expand mining operations, which include the handling of refined metals, ores, and concentrates. In recent years, the company has strategically applied its expertise and global resources to foster organic growth, enhance field output, and boost international sales, mitigating exposure to fluctuating currency and metal prices through the trade of derivative financial instruments like options, futures, and swaps.

Business Profile

Commodities Trading

It extends beyond traditional securities trading by engaging in commodities trading, a strategy that offers portfolio diversification and risk mitigation during stock market turbulence. The company upholds rigorous ethical standards in its trading practices and has a presence in strategically critical global locations.

Metals Sourcing

For over five decades, Tennant has built and maintained strong industry relationships, positioning itself as a key player in financial success and risk management. The company excels in connecting clients with top-tier non-ferrous metal suppliers and manufacturers, securing optimal prices and quality.

Risk Aversion

Tennant Metals' team of experts excels in balancing investment risks with the risks of indecision by closely monitoring industry trends and future market projections. The company's strategic focus includes covering market exposure to fluctuations in currency and metal prices through its adept use of financial derivatives, boasting a successful track record in hedging strategies and price optimization.

Services Provided

Logistics

With decades of experience, it has developed profound logistics expertise and global transportation knowledge, enhancing shipping safety and efficiency. This expertise also helps clients navigate complex customs, inspections, and insurance regulations that vary internationally.

Hedging

In commodities trading, risk management is crucial. Tennant employs sophisticated financial instruments to hedge against market volatility, using economic data and business acumen to minimize currency risk and stabilize margins.

Financing

It provides various financial solutions to support clients' production goals within specific timelines. These solutions are designed to buffer against external market fluctuations and economic disruptions, ensuring client operations proceed smoothly.