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Mitsubishi halts metal trading in China after suspected copper fraud

Japanese trading house Mitsubishi Corp has decided to stop domestic metal trading activity in China after suspected fraud by a copper trader led to a loss of 13.8 billion yen ($87.5 million), a spokesperson said on Tuesday.

Posted by Hicham ALAOUI RIZQ on 2025, Jan 14

Introduction

Japanese trading house Mitsubishi Corp has decided to stop domestic metal trading activity in China after suspected fraud by a copper trader led to a loss of 13.8 billion yen ($87.5 million), a spokesperson said on Tuesday.

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