Traxys Expands Global Footprint for Critical Minerals

Commodity trader Traxys is expanding its global footprint by adding new offices in Uzbekistan and the Middle East. CEO Mark Kristoff noted the growth targets surging demand for critical minerals as governments diversify supply chains away from China.

Traxys Chief Executive Officer Mark Kristoff speaks during a panel discussion at the International Mining and Resources Conference (IMARC) in Sydney, Australia, October 28, 2026. REUTERS/Hollie Adams

Commodity trader Traxys expanded its global footprint by establishing an office in Uzbekistan and scaling operations in Saudi Arabia, founder and CEO Mark Kristoff said on Wednesday morning. The expansion comes as the $12 billion revenue firm targets surging worldwide demand for critical minerals. Traxys is positioning itself to capture new supply chains as western nations race to reduce their reliance on China.