Essar Group, IRH strike $500 million crude sourcing and product supply facility for Stanlow refinery

Essar Group and Abu Dhabi-based International Resources Holding (IRH) have agreed a $500 million crude sourcing and product supply facility to support operations at the Stanlow refinery in the UK. IRH operates a global mine-to-market platform focused on energy-transition metals including copper, nickel and cobalt. The facility is designed to optimise working capital and strengthen feedstock security amid volatile energy markets.