In an article published on April 22, 2026, Handelsblatt examines the implications of a new tax regulation affecting the storage of precious metals and critical raw materials in German bonded warehouses. The report focuses on how the reduced VAT exemption could impact established storage models and allocation structures.
In particular, the consequences for private buyers-who have played a key role in financing and stockpiling strategic materials-remain uncertain. Matthias Rüth, Managing Director of TRADIUM, views the new rules as a significant turning point: “The model of storing critical raw materials in bonded warehouses for private clients is unlikely to continue in its current form in Germany.”
The article was published both online and in the print edition of Handelsblatt on April 23, 2026.
