Metals Trade Analyst

First Quantum Minerals; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading company in the mining sector is seeking a highly analytical Metals Research Market Trade Analyst to join their Toronto team. The role involves extensive market research, analysis of commodity trends, and collaboration with various stakeholders to support strategic decision-making. Candidates should possess strong analytical skills and relevant experience, with a preference for advanced degrees.

Qualifications

• At least 3 years of experience in metals research, commodity analysis, or financial analysis in mining or related industries.
• International experience is a plus.
• Willingness to travel up to 30% of the time.

Responsibilities

• Perform market research and analysis for metals, focusing on supply, demand, and pricing.
• Conduct in-depth research on metal commodity markets and evaluate logistics opportunities.
• Prepare reports and presentations with actionable insights.

Skills

Analytical skills

Data interpretation

Trend analysis

Communication skills

Project management

Education

Bachelor’s degree in Economics, Finance, Geology, Engineering, or related

Master’s degree preferred

Tools

MS Excel

Data analysis tools

Bloomberg

Reuters

Job description

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.

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, focusing on supply, demand, pricing, and key industry developments. This role supports business strategies by providing comprehensive market insights and future outlooks.

Key Responsibilities

• Perform market research and analysis for new and existing opportunities in FQM’s metal products, including copper, nickel, magnetite, and precious metals. Engage with customers and understand technical and commercial aspects.
• Research market supply, quality, logistics, and assist in procurement of essential bulk commodities like coal and sulfur.
• Evaluate logistics opportunities, including inland, port, and marine logistics.
• Contribute to group reports such as the Annual Information Form (AIF) and board reports.
• Manage interactions with market intelligence providers.
• Conduct in-depth research on metal commodity markets, focusing on trends and geopolitical factors.
• Evaluate and compare commercial bids for sales and inputs, presenting findings to management.
• Assess potential new customers for capability and logistics feasibility.
• Perform regular and ad hoc market analyses and communicate findings to stakeholders.
• Coordinate visits to customer plants and facilitate reciprocal visits.
• Write sections of various reports, troubleshooting quality issues as needed.
• Gather and analyze data to support strategic decisions, including production and trade flows.
• Develop forecasting models considering economic and regulatory factors.
• Prepare reports and presentations with actionable insights.
• Monitor changes in regulations and industry standards.
• Collaborate with investment, finance, and operations teams to support corporate strategies.

Qualifications

• Bachelor’s degree in Economics, Finance, Geology, Engineering, or related; Master’s preferred.
• At least 3 years of experience in metals research, commodity analysis, or financial analysis in mining or related industries; international experience is a plus.
• Strong analytical, data interpretation, and trend analysis skills.
• Excellent communication skills.
• Ability to work independently and manage multiple projects.
• Proficiency in MS Excel, data analysis tools, and familiarity with Bloomberg, Reuters, or similar platforms.
• Willingness to travel up to 30% of the time.