IXM
- Company typePrivate
- Founded2000
- HeadquartersGeneva, Switzerland
- Headcount101–250
- GTM typeB2B
- OfferingServices
IXM firmographics
Firmographics- Name
- IXM
- Legal name
- IXM S.A.
- Website
- https://ixmetals.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
IXM industry classification
Industry- Product category
- Physical Metals and Minerals Commodity Trading
- NAICS
- Metal Service Centers and Other Metal Merchant Wholesalers (423510), Support Activities for Metal Mining (213114)
- SIC
- Wholesale-Misc Durable Goods (5090)
- akta.pro primary industry
- Procurement & Supply Chain for Mine Projects (Long-Lead Equipment, Logistics, Expediting) (IMAKAOAH)
- akta.pro secondary industry
- ESG, Traceability & Certification Services (Responsible Sourcing) (IMAKAFAN)
Keywords
Where IXM is headquartered
LocationHeadquarters
- HQ city
- Geneva
- HQ country
- Switzerland
- HQ region
- Europe
Offices19 records
Markets served
IXM business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Physical Metals Trading: IXM trades physical metals and minerals including copper, cobalt, nickel, zinc, and molybdenum. They act as a physical commodity trading house, buying and selling these materials globally with annual turnover exceeding $25 billion.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
IXM product offering
Product offeringCore offering
IXM is a physical commodity trading house that buys and sells metals and minerals globally, including copper, cobalt, nickel, zinc, and molybdenum. The company provides an end-to-end supply chain solution spanning sourcing, risk management, shipping, logistics, storage, and trade financing, supported by responsible sourcing practices aligned with international ESG standards. It serves industrial customers across 80+ countries with annual turnover exceeding $25 billion USD and trades approximately 4.5–4.7 million metric tons of metals each year.
Product overview
IXM is a physical commodity trading house specializing in global metals and minerals trade. The company operates as a unified platform offering physical commodity trading solutions (copper, cobalt, and critical minerals), integrated shipping and logistics services, and responsible supply chain management. The core offering centers on physical commodity trading with supporting logistics and responsible sourcing services. The company trades approximately 4.7 million tons of metals annually and serves customers in over 80 countries.
Differentiator
Problem solved
Functional benefit
Products and services
- Physical Commodity Trading Solution IXM's core offering is an end-to-end physical commodity trading platform that facilitates global trade of metals and minerals, including copper, cobalt, nickel, zinc, and molybdenum, for industrial customers in clean energy, EV battery, and broader industrial sectors.
- Shipping, Logistic and Storage Integrated shipping, logistics, and warehousing services supporting the physical movement and storage of traded metals and minerals across global supply chains, with operations spanning the company's network of offices and a certified ISO 14001 warehouse facility in Callao, Peru.
- Responsible Mineral Supply Chains Risk-based due diligence and responsible sourcing services for mineral supply chains, guided by the OECD Minerals Guidance and the UN Guiding Principles on Business & Human Rights, including supplier capacity building, monitoring of artisanal mining sites, and child labour prevention and remediation programs in partnership with organizations such as the Fair Cobalt Alliance, Congo Children Trust, and Better Mining.
Quantifiable outcome
- 33% of metal suppliers now originate from Copper Mark or equivalent certified assets
- +3 more outcomes
Companies that use IXM
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
IXM technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
IXM partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- The Copper MarkcoreIXM became a Copper Mark partner, joining a network of partners supporting responsible production of copper, nickel, zinc, and molybdenum. The Copper Mark enables companies to demonstrate responsible production practices through an ESG framework. IXM is committed to promoting responsible practices in the metals value chain through this partnership.
- Fair Cobalt AlliancecoreIXM supports the formalisation of Artisanal Mining in the Democratic Republic of the Congo through membership in the Fair Cobalt Alliance, which addresses child labor and promotes responsible mining practices in ASM communities.
- Congo Children TrustcoreIXM partnered with Congo Children Trust as part of their Child Labour Prevention and Remediation program targeting initiatives battling child labour in ASM communities of the DRC.
- Centre d'éveil de la FemmeminorLocal partner in DRC for child labour prevention and remediation programs in mining communities.
- Child Rights Action Hub DRCminorPartner for child rights initiatives in Democratic Republic of Congo, supporting IXM's responsible supply chain commitments.
- Cobalt InstitutecoreTom Mackay, Head of Refined Metals at IXM, serves as Chairman of the Cobalt Institute Executive Committee. IXM participates as Gold Sponsor at Cobalt Institute events including the Global Cobalt Congress in Singapore.
- BaringaminorConsulting firm that supported IXM in developing their Responsible Business strategy and double materiality assessment.
- Better MiningminorInitiative that IXM uses to monitor and drive improvements on ASM sites in their supply chain through upstream mechanisms.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
IXM competitors and assessment
Company assessmentDirect peers
- Traxys: Mid-sized global metals and minerals trader headquartered in Luxembourg with strong focus on critical minerals trading, financing, and logistics. Closely comparable to IXM in scale, business model, and customer base of industrial metals buyers.
- MRI Trading: Swiss-headquartered metals and minerals trading firm with global sourcing across Africa, Asia, and the Americas. Directly comparable to IXM as a mid-sized physical metals trader with emerging-markets sourcing concentration and industrial customer base.
- Glencore: The world's largest diversified commodity trader with a major industrial and marketing division covering copper, cobalt, zinc, and nickel. Directly comparable to IXM in physical metals trading, marketing, and logistics, with significantly larger scale and public listing.
- Trafigura: Among the largest privately-held commodity traders globally with significant metals and minerals trading (copper, zinc, lead, nickel). Closely comparable to IXM in business model, customer base (industrial buyers), and global reach across emerging-market sourcing regions.
- Mercuria Energy Trading: Major global commodity trading house with diversified metals, minerals, and energy trading operations. Comparable to IXM as a privately-held physical commodity trader serving industrial customers with end-to-end logistics and financing capabilities.
- Louis Dreyfus Company: IXM's direct corporate predecessor (founded as part of Louis Dreyfus Co.). A global merchant and processor of agricultural and metals commodities with similar physical trading, logistics, and risk-management capabilities across multiple commodity categories.
- Gunvor Group: Privately-held global commodity trading house headquartered in Geneva (same home city as IXM) with significant metals trading alongside core energy focus. Directly comparable as a peer Geneva-based physical commodity trader serving industrial customers.
Emerging players
- Stratton Resources: Smaller commodity trading and mining advisory firm with a focus on base and critical metals. Comparable to IXM in trading critical minerals for industrial customers, though at a meaningfully smaller scale and with less developed global office network.
Broad incumbents
- Aditya Birla Group (Hindalco / Novelis): Major Indian conglomerate with vertically integrated metals operations (copper, aluminum) including trading and merchanting activities. Comparable to IXM as a large-scale global metals merchant, though with more emphasis on primary production than pure trading.
- Vitol: World's largest independent energy trader with a growing metals and minerals book. While primarily energy-focused, Vitol's physical commodity trading infrastructure, customer relationships, and global footprint overlap meaningfully with IXM's metals operations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
IXM social profiles
Digital presenceIXM compliance and trust
Trust signalCompliance3 records
IXM financial estimates
Financial estimateRevenue estimate
Valuation estimate
IXM leadership team
Management profileNumber of profiles
Profiles1 record
IXM subsidiaries and ownership
Company hierarchySubsidiaries13 records
IXM funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IXM M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IXM
What does IXM do?
IXM is a physical commodity trading house that buys and sells metals and minerals globally, including copper, cobalt, nickel, zinc, and molybdenum. The company provides an end-to-end supply chain solution spanning sourcing, risk management, shipping, logistics, storage, and trade financing, supported by responsible sourcing practices aligned with international ESG standards. It serves industrial customers across 80+ countries with annual turnover exceeding $25 billion USD and trades approximately 4.5–4.7 million metric tons of metals each year.
Is IXM a public or private company?
IXM is a private company. It is classified as corporate owned and is currently operating.
When was IXM founded?
IXM was founded in 2000. It employs 101 to 250 people.
Where is IXM based?
IXM is headquartered in Geneva, Switzerland, in the Europe region.
How does IXM make money?
One revenue line is on record: physical Metals Trading.
Who are IXM's main competitors?
Direct peers on record are Traxys, MRI Trading, Glencore, Trafigura, Mercuria Energy Trading, Louis Dreyfus Company and Gunvor Group. Stratton Resources is listed as an emerging player. Broad incumbents are Aditya Birla Group (Hindalco / Novelis) and Vitol.
Does IXM have an API?
No public API is recorded for IXM.
What industry is IXM in?
IXM's product category is Physical Metals and Minerals Commodity Trading. Its primary akta.pro industry code is IMAKAOAH, Procurement & Supply Chain for Mine Projects (Long-Lead Equipment, Logistics, Expediting), with a secondary code of IMAKAFAN, ESG, Traceability & Certification Services (Responsible Sourcing). Its NAICS code is 423510 and its SIC code is 5090.