PRESS RELEASE – FOR IMMEDIATE RELEASE
London, 22 April 2020: The current global health pandemic due to Covid-19 is unprecedented in our lifetime. At Gerald Group (“Gerald”), our management, trading desks, traffic managers and partners are working hard to continue serving our customers across complex metals supply chains. We are doing this while ensuring utmost priority over the health and safety of our employees, contractors and host communities. We are seeing different levels of volatility and disruption across our metals supply chains. Manufacturing activity in China itself is coming back on track, although several countries are still in unprecedented lockdowns.
We are continuing to take precautions and are being innovative in how we conduct our operations. Gerald adapted its working and operational arrangements early on to follow governments’ advice in the jurisdictions where we operate. This was in addition to our own measures, including the latest security, cloud and mobile technologies, which enabled an easy transition to flexible remote working around the world.
Gerald Group’s Chief Operating Officer, Pat Crepeault commented: “I am proud of our teams around the globe who are doing their best to work in an orderly manner in an unprecedented situation. Our thoughts are also with our partners, project teams and communities in the countries where we operate during these challenging times. We hope that there is continued improvement and timely resolution to this situation, and the opportunity to continue to support and serve all our customers. As always, our aim is to become stronger and more resilient as a Group. Thank you for your continued support and confidence in Gerald.”
For further information, please visit:
Enquiries: Tel: +44 (0)20 3805 2000 / +44 (0)7507 583792
About Gerald Group
Gerald Group aims to contribute to world trade and economic development in a sustainable and responsible
manner. Founded in 1962 in the United States, the Group is the world’s oldest and largest independent and
employee-owned metals trading house. Headquartered in London, the Group is led by Chairman and CEO
Craig Dean. Gerald is a dedicated and trusted partner to leading miners and processors, industrial consumers
and major financial institutions and has market presence in all regions of the world. The Group operates trading
hubs in Shanghai, Stamford and Switzerland for the merchanting of non-ferrous, ferrous and precious metals
and related concentrates and raw materials. Gerald’s global footprint, conservative risk management culture,
expert market intelligence, deeply experienced and innovative trading desks combined with logistics, storage
and structured finance solutions, are complimented by strategic relationships, enhancing the business’ capability
to provide customers access to a diverse and steady supply of resources.