HMS Bergbau AG: management transactions · Germany · BaFin

About HMS Bergbau AG

HMS Bergbau AG is a Germany-based listed company quoted on Xetra/Frankfurt (DAX/MDAX/SDAX), with its headquarters in Berlin. Founded in 1995 as HMS Bergbau Agentur AG, the group began as a coal trading business and has since evolved into an international independent commodities marketing company. Its original focus on supplying smaller industrial customers in Germany has expanded into a broader global platform built around just-in-time deliveries of bulk commodities and integrated logistics services. Today, HMS Bergbau’s core business covers the international purchase and sale of raw materials, with a strong emphasis on coal products, especially hard coal and metallurgical coal. The portfolio also includes liquid fuels, oil and gas, cement, ores, fertilizers and other bulk materials used by industrial customers. In addition to trading, the company provides consulting services related to power plants, ports, mine operations and the optimization of raw-material logistics. This gives HMS a hybrid profile: part commodity trader, part logistics coordinator, and increasingly a participant in upstream mining assets. From a competitive perspective, HMS Bergbau presents itself as one of the leading independent commodity trading companies in Germany. Its market position is supported by long-standing customer relationships across Europe, Africa, the Middle East and Asia, a flexible operating model, and extensive international contacts. The company states that it handles annual volumes of several million tons, which underlines its relevance in niche industrial supply chains. Its business model is asset-light in trading, but the group is now moving further along the value chain through targeted mining investments. Recent corporate developments are material and signal strategic acceleration. In January 2026, HMS announced that its Botswana coal mine had started production after the acquisition of a majority stake in Maatla Resources, with planned output of about 1.2 million tons of metallurgical coal per year at full capacity. In February 2026, the company also acquired 75% of Hoshoza Resources Vryheid in South Africa, a mining business holding a metallurgical coal license in KwaZulu-Natal. HMS has stated that this second project expands its activities beyond pure trading and is expected to contribute to revenue and earnings from 2026 onward. In April 2026, the company released preliminary figures for FY 2025, reinforcing the picture of a business in transition from coal trader to a more diversified and vertically integrated commodities group.