Mercuria Energy Expands Metals Division With Senior Hire From Goldman Sachs

FOR IMMEDIATE RELEASE\n\nMercuria Energy Group today announced the appointment of Marcus Webb as Global Head of Metals, a newly created role reporting directly to co-CEO Marco Dunand. Webb joins from Goldman Sachs, where he spent 14 years and most recently served as Head of Base Metals Trading for the Americas.\n\nThe appointment signals Mercuria's intention to significantly expand its metals trading capabilities beyond its current oil and energy trading core. The company, which generated revenues of approximately $136 billion last year, has identified metals as a strategic growth area given the structural demand growth driven by the energy transition.\n\n"The energy transition is fundamentally a metals story — copper, aluminium, nickel, lithium, and cobalt are the physical inputs that make electrification possible," said Marco Dunand. "Marcus's expertise in base metals markets combined with Mercuria's physical trading infrastructure and balance sheet gives us a compelling platform to grow in this space."\n\nWebb added: "Mercuria's entrepreneurial culture and genuine commitment to building the metals business is what attracted me. We have ambitious but realistic plans to become a top-five global metals trader within five years."\n\nFor further information, contact: communications@mercuria.com