(Yicai Global) Dec. 26 -- The NCCL Natural Resources Investment Fund run, by mainland China's largest molybdenum producer China Molybdenum Co., will take a 100-percent stake in metal trading platform Louis Dreyfus Company Metals BV as the company looks to vend worldwide.

The investment fund signed a deal with Louis Dreyfus Company DV, a world-renowned merchant and agricultural goods processor, to take over the platform, the buyer said in a statement on Dec. 24, without disclosing the contract price.

China Molybdenum's natural resources fund was set up to make upstream and downstream mergers and acquisitions overseas, it said in November this year. The fund initially sought to raise just over USD5 million, of which the founder's wholly owned divisions may subscribe to 45 percent.

LDCM is primarily engaged in procuring, blending, processing, transporting and trading various base and precious metals, both raw and refined. It is a leader in the refined zinc, aluminum and nickel markets and a major trader of copper, zinc and lead concentrates, the statement said.  The platform has more than 250 employees in 15 countries and provides competitive sourcing and sales solutions for global customers.