Metals & Mining

Metals & Mining

Supporting the growth of industry players across the sector’s global value chain

Metals & Mining

Supporting the growth of industry players across the sector’s global value chain

At a glance

DBS offers a comprehensive range of specialised products and services to meet the needs of companies across the entire metals and mining value chain and ecosystem.

The only Asian bank with a pure play global industry team, the coverage includes upstream mining, as well as mid-stream manufacturing, smelting/refining, and trading.

Capabilities

Our capabilities include: Project Finance, Structured Finance, FX & Rates, Capital Markets, Mergers & Acquisition Advisory.

Globe

Present in 51 cities and across 18 markets: DBS is uniquely positioned to help clients capture key opportunities across the metals and mining value chain and provide bespoke solutions across various markets.

Our solutions
  • Financing

    We offer a range of solutions to support your loan syndication and working capital needs

  • Advisory

    Leverage our expertise in strategic advisory, deal making, project finance and acquisition financing

  • Treasury

    Access innovative hedging solutions to mitigate foreign exchange and interest rate risks

  • Transaction Services

    Cash management, trade finance, supply chain finance and custody services all in one place

  • Capital Markets

    We are a leader in offering global debt and equity financing through our full-service solutions

Client stories

First digitalised end-to-end secured Letter of Credit transaction

Contour and DBS have completed the first fully digital end-to-end secured Letter of Credit (LC) between Nanjing Iron & Steel, Singapore Jinteng International and Hope Downs Marketing Company (an equal Joint Venture between Rio Tinto and Hancock Prospecting). This resulted in reduced trade document turnaround times and provided greater transparency with all parties having access to real-time status updates at each step of the transaction.


The first paperless iron ore trade on the Contour platform 

Baosteel and Rio Tinto, supported by DBS Bank, Contour, Chinsay, essDOCS, have completed the first paperless trade in the iron ore industry transacted in Chinese Renminbi (RMB). This transaction showcases DBS’ digital initiatives in supporting customers in enhancing efficiency and security of cross-border trade finance flow through integrated end-to-end paperless solution, at a time when delivery of physical documentation is challenging. 


Financing new energy battery metals  

DBS successfully financed two smelters producing mixed hydroxide precipitate in Papua New Guinea and Indonesia. These projects demonstrated our support for the nascent global supply chain in battery metals, as well as our commitment to sustainability.  


Deals

Commodity hedging & clearing: DBS is among the top banks with capacity to provide commodity hedging solution and clearing services, clearing iron ore contracts with annual volume of approximately 100 - 200 million tonnes.


2020 – Structured Finance: DBS has led and arranged a number of structured financing deals including pre-payment and pre-shipment finance for global traders and large-scale smelters/refineries including India and China.

 

For example, we have recently arranged and structured a 5-year pre-export advance (PEF) facility for a large-scale steel mill (Seller) in Asia against its supply contract of steel products to an international metal trading house (Off-taker).

 

This structure allows the Seller to raise financing through an intermediary Buyer (Off-taker) by way of assignment of the rights under the Sales & Purchase contracts and Advance Payment & Supply Agreement.


2019 – Financial Advisor and Lead Financing Bank of a US$960 million limited recourse project financing based in Indonesia for Phase 1 and 2 of Alumina Refinery.


2019 – Hedging coordinator for a Group of Lenders for an Indonesia based transaction for up to 7 years in Cross-Currency Swap (CCS) for notional amount of US$380 million. 


Research and Insights

Digitalising trade in the Metals & Mining industry

DBS is collaborating with digital platform partners to eliminate risks associated with physical documents and enhance the efficiency, security, and experience for our corporates to help them embrace end-to-end digital trade solutions.

Get in touch
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From overseas: +65 6222 2200
In Singapore: 1800 222 2200
Operating hours: 8.30am to 8.30pm, Mon - Fri (excluding PH)