South African investors exit Thabametsi coal project on climate concerns; Trafigura threatened to deny Nyrstar key credit, adviser says; and Deutsche Bank delivers China SCF solution for BASF

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:

• South African investors have pulled out of a multi-billion dollar coal-fired power plant project in northern Limpopo province, putting its construction at risk as opposition to the use of fossil-fuels in the country grows despite crippling power shortages

• Trafigura Group threatened in 2018 to block Nyrstar from drawing on a key loan facility, according to a letter from advisers to Nyrstar’s board, accelerating a cash crunch that ultimately led to the trading giant’s takeover of the company

• Deutsche Bank has established a supply chain financing solution for BASF China, supporting the company and its suppliers in China with working capital capabilities

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