Wogen
Wogen is a London-based, employee-owned specialist metals and minerals trading company founded in 1972, operating nine global offices and supplying platinum group metals, ores, ferro alloys, critical metals, battery materials, and mineral sands to industrial consumers, miners, and governments worldwide.
- Company typePrivate
- Founded1972
- HeadquartersLondon, United Kingdom
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Wogen does
Wogen is a London-headquartered, employee-owned specialist metals and minerals trading company founded in 1972 to trade off-exchange metals and minerals, initially focused on China. Over more than 50 years the firm has built a nine-office global network spanning London, Hong Kong, Beijing, Shanghai, Guangzhou, Johannesburg, Dublin, Istanbul, and Chicago (with a tenth Netherlands office planned for 2026), supporting direct B2B trade in platinum group metals, ores and concentrates, ferro alloys, critical metals, battery materials, and mineral sands to industrial consumers, miners/producers, and governments worldwide.
The company's core technology is physical commodity trading augmented by in-house logistics, financing, marketing, and distribution capabilities, with no proprietary software platform, patents, or AI/ML systems identified; competitive advantage is delivered through expert traders with deep domain knowledge of mining, smelting, processing, and end-use applications. Sister company Xcelsior Capital extends the offering into project financing and prepayments, allowing Wogen to anchor upstream supply at the development stage (e.g., the $4m Hillgrove prepayment to Larvotto Resources).
Wogen generates revenue primarily through physical trading margins on bought-and-sold specialist metals, supplemented by transaction-fee income on marketing, distribution, and offtake services and by financing/prepayment income, typically structured as multi-year supply agreements with miners and producers. The firm was listed on London's AIM market in 2005, privatized in 2009, and has been wholly employee-owned since, with disclosed annual turnover well in excess of $0.5 billion per annum in physically delivered commodities.
Wogen firmographics
Firmographics- Name
- Wogen
- Legal name
- Wogen Resources Ltd
- Website
- https://wogen.com
- Company type
- Private
- Founded year
- 1972
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Wogen is a London-based, employee-owned specialist metals and minerals trading company founded in 1972, operating nine global offices and supplying platinum group metals, ores, ferro alloys, critical metals, battery materials, and mineral sands to industrial consumers, miners, and governments worldwide.
- Ownership category
- akta.pro rank
Wogen industry classification
Industry- Product category
- Specialty Metals and Minerals Trading
- NAICS
- Metal Service Centers and Other Metal Merchant Wholesalers (423510)
- SIC
- Wholesale-Metals & Minerals (No Petroleum) (5050)
- akta.pro primary industry
- Ferrous Metals Trading & Distribution (Iron Ore, Pig Iron, DRI/HBI, Ferroalloys) (IMAKAJAA)
- akta.pro secondary industry
- Refractory & Metallurgical Consumables Distribution (Fluxes, electrodes, refractories) (IMAKAJAM)
Keywords
Where Wogen is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices9 records
Markets served
Wogen business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Physical Metals and Minerals Trading: Wogen generates revenue through buying and selling specialist metals and minerals (Platinum Group Metals, Ores and Concentrates, Ferro Alloys, Critical Metals, Battery Materials, Mineral Sands). The company handles the entire value chain from sourcing and distribution to logistics, marketing, and financing. Annual turnover is well in excess of $0.5 billion per annum in physically delivered commodities.
- Marketing, Distribution and Offtake Services: Wogen provides marketing, distribution and offtake services to miners and producers, taking control of distribution and selling process from mine-side or port of origin to end consumer. Revenue is generated through margins on these transactions.
- Financing and Prepayments: Wogen provides financing to projects including prepayments and credit terms for working capital purposes, often in conjunction with sister company Xcelsior Capital. The $4m prepayment for Larvotto Resources' Hillgrove project demonstrates this revenue stream.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Wogen product offering
Product offeringCore offering
Wogen is a specialist metals and minerals trading company that physically procures, sells, and distributes commodities spanning Platinum Group Metals, Ores & Concentrates, Ferro Alloys, Critical Metals, Battery Materials, and Mineral Sands to industrial customers, miners, producers, and governments. It complements trading with marketing, distribution, offtake, sourcing, logistics, and financing services delivered through a global office network.
Product overview
Wogen is a specialist metals and minerals trading company with over 50 years of history, trading in a range of products spanning six categories: Platinum Group Metals (Platinum, Palladium, Rhodium, Ruthenium, Iridium, Osmium), Ores & Concentrates (Antimony, Tantalite, Wolframite, Chromium, Graphite), Ferro Alloys (Ferro Molybdenum, Ferro Vanadium, Ferro Tungsten, Ferro Titanium, Ferro Niobium, Ferro Chrome), Critical Metals (Bismuth, Gallium, Germanium, Indium, Niobium, Rare Earths, Tantalum, Titanium, Tungsten, Vanadium), Battery Materials (Lithium, Graphite, Cobalt, Manganese), and Mineral Sands (Rutile, Zircon, Ilmenite). The company complements its trading operations with value-added services including Marketing, Distribution & Offtake, Sourcing & Procurement, Logistics, and Financing & Investing (in partnership with sister company Xcelsior Capital).
Differentiator
Problem solved
Functional benefit
Products and services
- Platinum Group Metals Wogen supplies all six platinum group metals (Platinum, Palladium, Rhodium, Ruthenium, Iridium, Osmium) for use in jewellery, anti-cancer drugs, industrial applications, dentistry, electronics, and vehicle exhaust catalysts.
- Ores & Concentrates Wogen trades ores and concentrates including Antimony, Tantalite, Wolframite, Chromium from Bushveld complex deposits, and Graphite for the battery sector, supplied to industrial and processing customers.
- Ferro Alloys Wogen's Ferro Alloy team supplies Ferro Molybdenum, Ferro Vanadium, Vanadium Pentoxide, Ferro Tungsten, Ferro Titanium, Ferro Niobium, and High, Low and Ultra Low Carbon Ferro Chrome to the steel industry.
- Critical Metals Wogen trades and supplies critical metals including Antimony metal, Antimony trioxide, Bismuth, Cadmium, Chrome metal, Gallium, Germanium, Hafnium, Indium, Iridium, Niobium, Rare Earths, Rhenium, Selenium, Tantalum, Tellurium, Titanium metal, Titanium sponge, Tungsten, and Vanadium for high-tech and industrial applications.
- Battery Materials Wogen trades four essential battery materials — Lithium, Graphite, Cobalt, and Manganese flake — used in standard and rechargeable batteries for electric vehicles and industrial backup power.
- Mineral Sands Wogen supplies Mineral Sands including Rutile, Zircon, Ilmenite, and Titanium Slag, used in pigments, ceramics, glazes, chemicals, and metal production.
- Marketing, Distribution & Offtake Services Wogen provides marketing, distribution and offtake services to miners and producers, entering into offtake or marketing agreements and taking control of distribution from mine-side or port of origin to end consumer.
- Sourcing & Procurement Services Wogen assists customers with sourcing hard-to-find materials and competitive pricing through extensive market knowledge and strong relationships with producers worldwide.
- Logistics Services Wogen manages transportation of materials worldwide, providing cost-effective, environmentally conscious, and timely delivery through dedicated shipping teams.
- Financing & Investing Services Wogen provides financing services including prepayments, credit terms, logistical costs, and working capital. Sister company Xcelsior Capital provides larger innovative financing packages for critical commodities projects.
Quantifiable outcome
- Annual turnover well in excess of $0.5 billion in physically delivered commodities
Companies that use Wogen
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Wogen technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Wogen partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- International GraphitecoreThree-year commercial agreement where Wogen Pacific will purchase minimum 3,000 tonnes per year of micronised graphite from IG6's Collie Micronising Facility in Western Australia. Wogen will also source up to 10,000 tonnes per year of flake graphite concentrate feedstock and provide sales and marketing support for exclusive distribution to Asia Pacific customers (Japan and South Korea).
- Aterian PLCcoreExclusive trading partnership with Aterian PLC and its wholly owned Rwandan subsidiary Eastinco Ltd, a producer and trader of critical raw materials. Partnership enables reliable flow of tantalum-bearing minerals from responsibly operated, fully traceable sources in Rwanda to Wogen's global customer base. First exports from Rwanda took place in February 2026.
- Peak Alloys LtdminorWogen acquired a majority stake in Peak Alloys Ltd, an established trader and recycler of high value nickel and cobalt superalloys with a strong management team based in Sheffield. Peak's synergies with the wider Wogen group expand both companies' ability to service commercial partners globally.
- CME GroupminorWogen Resources Limited participated as a founding trader in CME Group's launch of Spodumene CIF China (Fastmarkets) futures contracts on COMEX, providing hedging tools for price exposure across the lithium value chain.
- Larvotto Resourcescore7-year antimony concentrate offtake agreement with Larvotto Resources' Hillgrove mine in New South Wales. First shipment expected September 2026. Wogen combined its expertise and international market presence with Xcelsior's financing capabilities to assist the project through to first production.
- Acrux ResourcesminorWogen works closely with Xcelsior Capital and Acrux Resources in delivering combined services including innovative financing structures, professional sales & distribution, offtake expertise, end to end logistics management, working capital financing and technical skills.
- Walkabout ResourcesminorWogen Pacific signed Global Sales, Purchase and Marketing agreement in collaboration with Walkabout Resources and its subsidiary Lindi Jumbo Ltd for distribution of graphite concentrate sourced from Tanzania.
Scale indicators3 records
Recent moves10 records
Expansion highlights6 records
Wogen competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key highlights7 records
Customer concentration
Wogen social profiles
Digital presenceWogen financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wogen leadership team
Management profileNumber of profiles
Profiles14 records
Wogen subsidiaries and ownership
Company hierarchySubsidiaries7 records
Wogen funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wogen 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 Wogen
What does Wogen do?
Wogen is a specialist metals and minerals trading company that physically procures, sells, and distributes commodities spanning Platinum Group Metals, Ores & Concentrates, Ferro Alloys, Critical Metals, Battery Materials, and Mineral Sands to industrial customers, miners, producers, and governments. It complements trading with marketing, distribution, offtake, sourcing, logistics, and financing services delivered through a global office network.
Is Wogen a public or private company?
Wogen is a private company. It is classified as management employee owned and is currently operating.
When was Wogen founded?
Wogen was founded in 1972. It employs 51 to 100 people.
Where is Wogen based?
Wogen is headquartered in London, United Kingdom, in the Europe region.
How does Wogen make money?
Three revenue lines are on record. Physical Metals and Minerals Trading is the primary driver. The others are marketing, Distribution and Offtake Services and financing and Prepayments.
Does Wogen have an API?
No public API is recorded for Wogen.
What industry is Wogen in?
Wogen's product category is Specialty Metals and Minerals Trading. Its primary akta.pro industry code is IMAKAJAA, Ferrous Metals Trading & Distribution (Iron Ore, Pig Iron, DRI/HBI, Ferroalloys), with a secondary code of IMAKAJAM, Refractory & Metallurgical Consumables Distribution (Fluxes, electrodes, refractories). Its NAICS code is 423510 and its SIC code is 5050.