Metals Trade Analyst

At First Quantum, we free the talent of our people by taking a very different approach which is underpinned by a very different, very definite culture – the “First Quantum Way”.

Working with us is not like working anywhere else, which is why we recruit people who will take a bolder, smarter approach to spot opportunities, solve problems and deliver results.

Our culture is all about encouraging you to think independently and to challenge convention to deliver the best result. That’s how we continue to achieve extraordinary things in extraordinary locations.

Job description:

Job Summary

We are seeking a highly analytical and detail-oriented Metals Research Market Trade Analyst to join our team in Toronto, Ontario, Canada. The successful candidate will be responsible for researching, analyzing, and forecasting trends within the metals and mining markets, with a focus on supply, demand, pricing, and key industry developments. This role will support business strategies by providing comprehensive insights into market conditions and future outlooks.

Key Responsibilities

1. Market Research and Analysis: Perform marketing research for new and/or improved opportunities for the sales and marketing of FQM’s metal products, including various copper products (copper concentrates, blister, anode, and cathode), nickel products (concentrates and intermediates), and others (magnetite, precious metal containing products, etc.). In doing this, you will interact with FQM customers, visit customer-operated downstream processing facilities, and understand the technical and commercial opportunity for treating FQM’s metal products.
2. Research the market (supply, quality, logistics compatibility) and assist in the procurement of certain bulk commodities essential for our operations (such as coal, elemental sulphur, and other energy products).
3. Evaluate opportunities that exist in FQM logistical operations, with respect to inland, port, and marine logistics.
4. Assist in researching and writing sections of FQM group reports, including the Annual Information Form (AIF) and marketing sections that feed into the board reports.
5. Manage interactions and accounts that FQM has with some purveyors of market intelligence.
6. Conduct in-depth research on metal commodities markets, focusing on trends in supply, demand, pricing, and geopolitical factors impacting the industry.
7. Obtain, evaluate, and compare commercial bids for FQM metal products (for sales) and inputs (especially energy products), for presentation to FQM Trading management.
8. Evaluate potential new customers for capability and logistics feasibility.
9. Perform market analysis (supply, demand, price direction, sensitivities) on a regular and ad hoc basis for the markets in which FQM sells products and procures inputs (especially commodity-type inputs), and present these findings to FQM Trading management and colleagues at FQM mines.
10. Assist in the arrangement and facilitation of visits to customers’ plants, and for reciprocating visits by FQM customers to FQM mines.
11. Research, compile, and write sections of various FQM reports (Board report, AIF, and Ad Hoc reports).
12. Troubleshoot, especially where there are quality issues in the products that FQM has delivered to customers.
13. Data Collection and Interpretation: Gather, process, and analyze data from multiple sources to develop insights and support strategic decisions, including evaluating production capacities, inventory levels, and trade flows.
14. Forecasting and Modelling: Develop forecasting models to project future market trends for various metals, taking into account economic, environmental, and regulatory factors.
15. Reporting and Presentation: Prepare reports, presentations, and executive summaries for stakeholders, including financial and strategic analysis with actionable insights.
16. Monitoring Regulatory and Industry Changes: Track changes in environmental policies, mining regulations, and technological advancements that may impact the metals market.
17. Cross-Department Collaboration: Work closely with investment, finance, and operations teams to provide insights that support corporate strategy, project feasibility, and investment recommendations.

Qualifications

1. Bachelor’s degree in Economics, Finance, Geology, Engineering, Commercial, or a related field; a Master’s degree is a plus.
2. 3+ years of experience in metals research, commodity analysis, or financial analysis within the metals/mining industry or a financial institution, or working experience as an engineer or geologist within mining or the oil and gas industry. Mining & international experience a plus.
3. Strong analytical and quantitative skills, with high proficiency in data interpretation and trend analysis.
4. Excellent written and verbal communication skills for delivering insights and recommendations.
5. Ability to work independently and manage multiple projects with precision.
6. Advanced knowledge of MS Excel, data analysis tools, and familiarity with financial modeling; experience with software like Bloomberg, Reuters Eikon, or similar databases is advantageous.
7. Ability to travel 30% of the time for work.