Gerald Group

What Gerald Group does

Gerald Group is the world's largest independent and employee-owned metal trading house, founded in 1962 in the United States as a copper merchant and now headquartered in London following a 2017-2018 corporate reorganization that established Gerald International Limited as the UK holding entity. The company specializes in the merchanting of non-ferrous, ferrous, and precious metals across six lines of business: Aluminium, Copper, Iron Ore, Precious Metals, Tin, and other critical minerals and rare earth elements. It complements the trading business with vertically integrated mining assets, including the Marampa iron ore mine in Sierra Leone (via wholly-owned SL Mining Ltd) and the Soremi copper and zinc mine in the Republic of Congo.

The company generates revenue primarily through physical metals trading, capturing spreads between purchase and sale prices while centralizing the associated logistics, financial hedging, and counterparty risk. A second revenue stream comes from upstream production at its owned mines, and a third from structured offtake and prepayment financing arrangements with mining producers (e.g., Alphamin Resources, Lindian Resources), which combine purchase commitments with working capital provision. Reported scale is approximately US$3 billion in assets and US$10 billion in annual turnover, supported by revolving credit facilities that grew from US$140M in 2022 to a record US$365M in January 2026, plus a US$700 million North American Borrowing Base closed in September 2025.

Gerald operates global trading hubs in Stamford (US, historical HQ and home of Gerald Metals LLC), London (global HQ and Gerald Group Limited), Geneva (Gerald Metals Sàrl), Shanghai (Gemsha Metals Co., Ltd.), and Dubai (Gerald Trading DMCC), with market presence in over 40 countries and representative offices in 18 cities. Customers include top-tier miners and processors, industrial manufacturers and end-users across automotive, construction, electronics, and energy, and major financial institutions that participate in its credit facilities. The business model is a direct B2B enterprise sales motion, with bespoke service models along the commodity value chain from sourcing, mining and processing through to logistics, hedging, risk management, and structured finance.

Name

Gerald Group

Legal name

Gerald International Limited

Website

https://gerald.com

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

251–500 employees

Short description

Gerald Group is the world's largest independent, employee-owned metal trading company, founded in 1962. It merchant's non-ferrous, ferrous, and precious metals across six commodity lines, serving top-tier miners, processors, industrial consumers, and financial institutions globally from hubs in London, Stamford, Geneva, Shanghai, and Dubai.

Ownership category

akta.pro rank

Product category

Metal Merchanting and Commodity Trading

NAICS

Metal Service Centers and Other Metal Merchant Wholesalers (423510), Coal and Other Mineral and Ore Merchant Wholesalers (42352)

SIC

Wholesale-Metals & Minerals (No Petroleum) (5050)

akta.pro primary industry

Metal Scrap Trading & Brokerage (Ferrous & Non-Ferrous) (IMAKAJAI)

akta.pro secondary industries

Copper Concentrate Trading & Marketing (IMAKADAI), Precious Metals Bullion & Concentrates Trading (Gold, Silver, PGM) (IMAKAJAD)

Keywords

• Metal merchanting services
• Non-ferrous metals trading
• Precious metals trading
• Iron ore trading
• Commodity structured finance

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Metal Merchanting and Trading: Gerald Group's core revenue is derived from the merchanting and trading of non-ferrous, ferrous, and precious metals, including refined products, concentrates, and raw materials. The company buys and sells physical metals globally, centralizing and managing the associated financial and logistical risks while earning margins on the spread. The business covers six lines: Aluminium, Copper, Iron Ore, Precious Metals, Tin, and other critical minerals and rare earth elements.
2. Mining Asset Operations: Gerald Group generates revenue through ownership and operation of mining assets, including the Marampa Mines iron ore mine in Sierra Leone (via SL Mining Ltd) and the Soremi copper and zinc mine in the Republic of Congo. Production is sold into global markets, complementing the merchanting business by providing access to a diverse and steady supply of resources.
3. Offtake Agreements and Structured Finance: Gerald Group enters into offtake agreements with mining producers (e.g., Alphamin, Lindian Resources) providing upfront financing and purchase commitments for future production. This structured finance model generates revenue through the purchase and resale of metals while providing capital to producers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Gerald Group is a global commodity trading company that buys and sells non-ferrous, ferrous, and precious metals across six lines of business (Aluminium, Copper, Iron Ore, Precious Metals, Tin, and critical minerals and rare earth elements). The company centralizes and manages the financial and logistical risks of physical metals merchanting, offering end-to-end services from sourcing and mining through to logistics, hedging, risk management, and structured finance. Gerald also owns and operates mining assets, including the Marampa iron ore mine in Sierra Leone and the Soremi copper and zinc mine in the Republic of Congo, providing captive supply to its trading platform.

Product overview

Gerald Group operates as a global commodity trading company with a platform-based approach combining core metals merchanting with complementary service modules. The core offering centers on the trading of non-ferrous, ferrous, and precious metals across six lines of business (Aluminium, Copper, Iron Ore, Precious Metals, Tin, and critical minerals/rare earth elements), supported by strategic mining assets including the Marampa Mines iron ore operation and Soremi copper/zinc mine. The platform is augmented by logistics and supply chain services, risk management and hedging capabilities, and structured finance solutions, all designed to provide customers with integrated access from sourcing through to end consumer delivery.

Differentiator

Problem solved

Functional benefit

Brands

• Marampa Mines: Iron ore mining operation in Sierra Leone, operated by subsidiary SL Mining Ltd, producing high-grade 'Marampa Blue' iron ore concentrate.

Products and services

• Metals Merchanting Core commodity trading business buying and selling non-ferrous, ferrous, and precious metals globally across six lines: Aluminium, Copper, Iron Ore, Precious Metals, Tin, and critical minerals/rare earth elements. Gerald centralizes and manages financial and logistical risks, earning margins on the spread between purchase and sale of physical metals for top-tier miners, processors, and industrial consumers.
• Mining Operations Strategic investments in and operation of mining assets providing captive supply, including the Marampa iron ore mine in Sierra Leone (via SL Mining Ltd, producing high-grade 'Marampa Blue' iron ore concentrate) and the Soremi copper and zinc mine in the Republic of Congo (via Soremi Investments Ltd). Production is sold into global markets, complementing the merchanting business.
• Structured Finance and Offtake Solutions Bespoke structured finance solutions for mining producers combining offtake commitments with upfront financing and equity participation. Named offerings include the sole offtaker role for Alphamin Resources' tin concentrate production from the Bisie mine in the DRC under a five-year extendable contract plus a 5.24% equity stake, and the Kangankunde Monazite Concentrate Sale and Purchase Contract with Lindian Resources for the rare earths project in Malawi.

Quantifiable outcome

• Gerald Group successfully closes its annual Revolving Credit Facility each year with increasing commitments, from US$150 million (2020) to US$365 million (2026), demonstrating strong financial resilience and bank community confidence.

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered minor and core.

• Iluka ResourcesminorStrategic or Co-development Partner · 30 April 2026Iluka Resources is a co-offtake partner with Gerald Group for Lindian Resources' Kangankunde rare earths project, providing A$20 million strategic loan and a dual offtake agreement. Iluka and Gerald together form the funding architecture alongside Lindian's A$100 million equity placement to carry the project through to first production.
• Lindian ResourcescoreStrategic or Co-development Partner · 26 September 2023Gerald Group signed a Kangankunde Monazite Concentrate Sale and Purchase Contract with Lindian Resources, agreeing to purchase monazite concentrate from the Kangankunde rare earths project in Malawi. Gerald is one of two offtake partners (alongside Iluka Resources) providing funding certainty for the project's development through a dual offtake structure.
• The Women in PGMsminorOthers · 3 August 2022Gerald Group joined 'The Women in PGMs' (Platinum Group Metals) network as a Global Sponsor in August 2022. The initiative aims to bring women together across the platinum group metals value chain, supporting diversity and inclusion in the commodity trading and mining industry.
• Responsible Minerals InitiativeminorOthers · 12 April 2022Gerald Group joined the Responsible Minerals Initiative (RMI) in April 2022, demonstrating its commitment to responsible minerals sourcing and supply chain due diligence practices aligned with global ESG standards.
• Lowa Alliance ASBLminorOthers · 14 November 2019Gerald Metals Sàrl, a subsidiary of Gerald Group, provided US$126,000 in funding for the Logu Potable Water Project in the DRC, administered by the Lowa Alliance ASBL. The Lowa Alliance is a non-profit association created by the Walikale community, Alphamin Bisie Mining SA, and other donors to support sustainable social and economic development around the Bisie tin mine site. The project benefits over 500 households with potable water access at 9 points in Logu village.
• Alphamin Resources CorporationcoreStrategic or Co-development Partner · 14 November 2019Gerald Group has a multi-faceted partnership with Alphamin: (1) Gerald is the sole offtaker of Alphamin Bisie's industrial tin concentrate production under a five-year extendable contract; (2) Gerald holds a 5.24% equity stake in Alphamin's common stock; and (3) Gerald contributes to community development projects around Alphamin's Bisie mine in the DRC.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Market position

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/gerald-metals
• Xx.com/geraldgroupuk

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries7 records

Funding overview

Funding rounds6 records

Investors27 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gerald Group