Ann: Expression of Interest HMS Bergbau Offtake from Victory Bore, page-5

From the HMS website:
Business Model


Commodity sourcing


HMS procures raw materials on a FOT, FOR and FOB basis. We secure attractive purchasing agreements with producers and suppliers and develop resources to secure long-term business. We adeptly oversee the supply of a wide array of essential energy products, catering to various industry needs with precision and expertise.

Financing & contract processing

We process transactions both for our customers and for the HMS Group. In addition to contract execution, we handle the financing of the transactions. Our clients value our customized solutions and the HMS Group's integrated approach in the trading business.

Trading

We provide customers and business partners with a full range of services, from just-in-time delivery of energy products and raw materials to the full organization of transport logistics. We keep a close eye on international market developments at all times.

Logistics

The group' s service portfolio ranges from the chartering of vessels to the organization of inland transportation by rail, truck and port handling, depending on requirements.

Raw material storage & processing

We organize and manage local raw material storage as well as product compounding and loading. We also handle the technical monitoring of all processes. HMS Bergbau AG specializes in reliable just-in-time deliveries for their customers.

Consulting

With our many years of experience and broad know-how, we advise raw material transport companies, power plant operators and port operations in Germany and in the international market.
We generate value by balancing supply and demand of raw materials in real time and space. In addition to diversifying our product portfolio and complementing our services, our strategy of becoming an international commodity company is focused on vertical integration based on the sustainable development of our own raw material reserves.

Trusting and stable business relationships are the foundation of successful international trading activities of the HMS Group. The main customers include steel and cement producers, glass and paper mills, waste recycling plants and power stations. We offer customized business solutions and take an integrated approach to trading business.

(my bolding)