Trafigura PTE Limited and Ormet Corporation announced that they have entered into an agreement to explore and evaluate joint investments in projects in the bauxite, alumina and aluminium industry. The new venture will combine Trafigura's global experience in mining, commodities trading and logistics with Ormet's aluminium-related production expertise. In the United States, the two companies are successfully working together in Burnside, Louisiana, where Trafigura provides off and on loading services for Ormet's alumina refinery. Trafigura acquired the neighbouring bulk terminal from Ormet in 2011 and is making a considerable investment to transform it into a facility for handling coal, bauxite and alumina cargoes.