Ocean Partners

What Ocean Partners does

Ocean Partners is a privately held global non-ferrous metals concentrates trading and structured finance firm headquartered in Maidenhead, UK. Founded in 2004 via a management buyout of the Pechiney Ore & Concentrate division, the company operates across more than 40 countries and serves over 250 counterparties, with a senior team whose members collectively hold more than 500 years of industry experience drawn from major miners, smelters, and trading houses. As of 2024 the firm employs more than 140 people worldwide.

The company runs four integrated service lines: (1) Trading of non-ferrous metal concentrates; (2) Warehousing and Blending of complex multi-origin concentrates to smelter specifications; (3) Agency and Consulting mandates for producers and smelters; and (4) Structured and Acquisition Finance, including concentrate prepayment facilities, construction loans, and offtake-linked credit extended to mining counterparties. The integrated model allows Ocean Partners to combine physical commodity flow with balance sheet financing, underwriting junior and mid-tier miners that require both offtake certainty and project capital.

Revenue is generated from trading margins on physical concentrate flows, blending and warehousing fees, agency/consulting fees, and interest and structuring income on its finance book. In 2026 the firm has materially stepped up deal cadence, executing multi-year 100% offtake contracts (e.g., Grande Portage Resources, American West Metals / Aston Bay Holdings), large prepayment facilities (US$35M with Canadian Copper), and direct equity stakes (13.55% of Galantas Gold, C$3M in Blue Lagoon Resources), signaling a strategic intensification of its structured finance and equity investment activities alongside its core trading business.

Name

Ocean Partners

Legal name

Ocean Partners Holdings Limited

Website

https://oceanpartners.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Ocean Partners is a UK-headquartered global non-ferrous metals concentrates trading and structured finance firm, serving mining counterparties across 40+ countries with integrated trading, warehousing, blending, and project finance services.

Ownership category

akta.pro rank

Product category

Non-Ferrous Metals Trading

NAICS

Other Support Activities for Water Transportation (488390)

SIC

Water Transportation (4400)

akta.pro primary industry

NVOCC Operations & Ocean Consolidation (TLACABAC)

Keywords

• Non-ferrous metals trading
• Metal concentrate trading
• Warehousing and blending
• Structured commodity finance
• Mining agency services

Headquarters

HQ city

Maidenhead

HQ country

United Kingdom

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Concentrate & Other Trading: Revenue earned on purchase, sale and/or tolling of base, precious, minor and speciality metal concentrates, by-products and residues; trading margins and price arbitrage across global markets.
2. Warehousing & Blending Services: Concentrate blending fees and warehousing fees at strategic global locations; services offered on agency, toll, or 'purchase and sale' basis.
3. Agency & Consulting Services: Flexible agency services from full-service to a la carte plus consulting on concentrate marketing strategy and smelter identification; pricing bespoke per engagement.
4. Structured & Acquisition Finance: Short, medium and long-term financing facilities including prepayments, working capital, equity, debt and structured finance for mining projects; interest and fee income from funded facilities.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Ocean Partners is a global non-ferrous metals trading firm that buys, sells, and moves base, precious, minor, and speciality metal concentrates and related by-products between miners, smelters, refiners, and metal consumers. Its service offering is organized around four lines: Concentrate & Other Trading, Warehousing & Blending, Agency & Consulting, and Structured & Acquisition Finance, with a global office footprint and in-house blending infrastructure.

Product overview

Ocean Partners is a global non-ferrous metals trading firm operating as an integrated service platform rather than a single product. Its core offering consists of four interlocking service lines: (1) Concentrate & Other Trading, the central revenue-generating activity for buying, selling and tolling base, precious, minor and speciality metal concentrates; (2) Warehousing & Blending, which supports trading by physically combining and storing complex concentrates at strategic locations such as Taichung; (3) Agency & Consulting, which provides outsourced sales, marketing, logistics, hedging and back-office administration to miners and smelters; and (4) Structured & Acquisition Finance, which complements the physical trading business by providing equity, debt, prepayment, working capital, acquisition and project finance solutions. Together, these four modules enable Ocean Partners to deliver end-to-end commodity supply-chain solutions for miners, smelters, refiners and metal consumers worldwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Concentrate & Other Trading Global trading of base, precious, minor, and speciality metal concentrates and related by-products between miners, smelters, refiners, and metal consumers; Ocean Partners takes title to concentrate and earns trading spreads on purchases and sales.
• Warehousing & Blending Physical warehousing and blending of metal concentrates across multiple metal content profiles to produce tailored specifications for smelter and refiner customers; operated through in-house blending infrastructure.
• Agency & Consulting Agency representation and consulting services for mining and metals counterparties, including back-office administration of metal movements, third-party trade execution, and counterparty representation.
• Structured & Acquisition Finance Own-balance-sheet structured and acquisition finance for mining and metals counterparties, including working-capital facilities against concentrate off-take and acquisition financing against metal-producing assets.

Quantifiable outcome

• Senior team operating in 40+ countries with 250+ counterparties and 500+ combined years of experience
• +2 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered flagship, core and minor.

• Grande Portage Resources Ltd.flagshipStrategic or Co-development Partner · 25 June 2026Binding strategic partnership providing Ocean Partners with a commercial offtake agreement for up to 100% of production for 7 years from the New Amalga Gold Project in Southeast Alaska. Includes C$6 million equity financing at above-market price (making Ocean Partners the 2nd largest shareholder after Eric Sprott) and a US$25 million construction loan and overrun facility with a 24-month availability term at SOFR + 7%. Project targets initial production in 2031.
• American West Metals / Aston Bay Holdings (Storm Copper Project)coreStrategic or Co-development Partner · 24 June 2026Strategic partnership providing 100% offtake of copper and silver products from the Storm Copper Project on Somerset Island, Nunavut, plus a senior secured loan facility covering up to 80% of initial development capital.
• Rockhaven Resources Ltd.coreStrategic or Co-development Partner · 1 June 2026Offtake agreement plus US$1.5 million revolving credit facility to support 2026 bulk sampling program of up to 10,000 tonnes at Klaza gold-silver deposit in Yukon.
• Galantas Gold CorporationcoreStrategic or Co-development Partner · 28 May 2026Participated alongside Eric Sprott and Melquart in $100 million private placement financing of 181,819,000 units at $0.55/unit; proceeds fund exploration and development of Indiana Gold and Copper Project and Andacollo Gold Project in Chile.
• Blue Lagoon ResourcescoreStrategic or Co-development Partner · 25 May 2026Offtake partner for Dome Mountain gold-silver project in British Columbia at commercial production; Ocean Partners making C$3 million strategic equity investment at market price.
• OR Royalties Inc.coreStrategic or Co-development Partner · 14 April 2026Co-financed C$96M ($70M) funding package for Canadian Copper's Bathurst mining complex in New Brunswick alongside Ocean Partners UK concentrate prepayment facility and OR Royalties precious metals stream.
• Silver Bullet Mines Corp.coreStrategic or Co-development Partner · 2 March 2026Five-year framework agreement for Silver Bullet to supply up to 36,000 tons per annum of high-grade mineralized material and concentrates from Arizona mines, commencing 1 February 2026.
• Nicola Mining Inc.coreStrategic or Co-development Partner · 26 February 2026Offtake partner purchasing gold and silver concentrate from Merritt Mill in British Columbia; also provided $1 million strategic private placement in December 2025 ahead of planned NASDAQ listing.
• Talisker Resources Ltd.coreStrategic or Co-development Partner · 20 January 2026Definitive Ore Purchase Agreement processing material from Bralorne Gold Project at Ocean Partners' processing facility; approximately 2,000 tonnes to be transferred from Nicola.
• Thunder Mountain Gold / MFD Investment Holdings (South Mountain Mine)minorStrategic or Co-development Partner · 8 December 2025Options review phase for near-term production at South Mountain Mine with Ocean Partners USA, Inc., evaluating processing pathways and commercial scenarios with potential operations targeted for 2026.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Gerald Group: Family-owned global non-ferrous metals trader (copper, zinc, lead concentrates, by-products) with offices in major mining/smelting hubs. Closely comparable to Ocean Partners in product mix, geographic spread and balance-sheet-supported trading model.
• Trafigura: One of the world's largest independent commodity traders with significant non-ferrous metals concentrates and refined metals franchises, plus structured trade finance arm. Directly comparable offering to miners and smelters, though materially larger scale than Ocean Partners.
• Concord Resources: London-based trader specialising in base and minor metals concentrates with focus on connecting miners and smelters globally. Closely mirrors Ocean Partners' core concentrate trading proposition and SME-counterparty focus.
• Hartree Partners: Commodities-focused merchant trading house with a metals and concentrates book and structured finance capabilities. Comparable service mix of trading, hedging and physical commodity finance for mining counterparties.
• Stratton Resources: Mid-sized international trader focused on base metals concentrates and by-products with origination from mines and supply to smelters. Directly comparable in target customer base and product set to Ocean Partners.

Broad incumbents

• Mercuria Energy Trading: Major global commodity merchant with diversified energy/metals franchise and significant structured trade finance operations. Overlaps with Ocean Partners in physical metals trading and finance but operates much more broadly and at greater scale.
• Glencore: World's largest diversified miner and commodity trader with industry-leading metals concentrates marketing arm and proprietary smelter network. Overlaps with Ocean Partners across trading, blending-adjacent activities and structured finance but is many times larger and vertically integrated.
• IXM (International Zinc Association? actually Louis Dreyfus metals arm): Louis Dreyfus Company's metals trading arm (previously LD Commodities Metals) trading base metals concentrates globally with presence across mining and smelter geographies. Directly comparable to Ocean Partners in product focus, though part of much larger agricultural commodities parent.
• Mitsubishi Corporation (Mineral Resources): Major Japanese sogo shosha with a substantial non-ferrous metals concentrates trading and investment business connecting global miners to Asian smelters. Comparable counterpart to Ocean Partners' Asia-focused concentrate flow and smelter relationships.
• Sumitomo Corporation: Japanese trading house with a non-ferrous metals and mineral resources division active in concentrate trading, smelter investment and mining finance. Overlaps with Ocean Partners in Asia-bound concentrate flows and structured mining finance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ocean-partners-uk-limited

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors

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

M&A

Investments23 records

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

Frequently asked questions about Ocean Partners