IGR Global

What IGR Global does

IGR Global (legally IGR Metals Trading DMCC, formerly Istanbul Gold Refinery) is a Dubai-headquartered, family-owned private company providing precious metals refining, trading, and mining services across the global precious metals value chain. Its core offering is LBMA Good Delivery accredited refinery operations located near Istanbul Airport, using chemical, electrochemical, and pyro metallurgical processes to purify gold, silver, platinum, palladium, and other precious metals from jewelry, bullions, mining doré, and industrial scraps, supported by an ISO-certified laboratory conducting fire, spectrometric, ICP, X-Ray, and chemical assaying.

The company's product portfolio includes minted investment bars (0.5g–100g for gold, 1g–100g for silver), casted bars (gold 999.9/995 and silver 999.0 up to 12.5 kg), customized commemorative bars and coins, and industrial products covering platinum group metals trading and precious metal salts and solutions. Its proprietary ORO 360 Online Metal Ordering and Hedging System enables digital trading and hedging without time-zone or language barriers, complemented by direct enterprise sales through dedicated relationship managers.

IGR generates revenue across multiple streams: refining fees (professional services), trading spreads on precious metal transactions, and one-time sales of minted, casted, and customized bars. It serves four primary B2B customer segments — Mining Companies, Bullion & Scrap Dealers, Financial Institutions, and Industrial Manufacturers — across five offices in Dubai, Turkey, Germany, Spain, and New York, and holds Good Delivery accreditation from LBMA, COMEX, and DGCX, along with ISO 9001, ISO 14001, and OHSAS 18001 certifications and alignment with LBMA Responsible Gold Guidance and OECD Due Diligence standards.

Name

IGR Global

Legal name

IGR Metals Trading DMCC

Website

https://igrglobal.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

IGR Global is a Dubai-headquartered, family-owned LBMA Good Delivery precious metals refinery and trader serving mining companies, bullion dealers, financial institutions, and industrial manufacturers with refining, trading, hedging, and minted bar products across five global offices.

Ownership category

akta.pro rank

Product category

Precious Metals Refining

NAICS

Nonferrous Metal (except Aluminum) Production and Processing (3314)

SIC

Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Precious Metals Smelting & Refining (IMAKAEAE)

Keywords

• Precious metals refining
• Gold bar trading
• Precious metals assaying
• LBMA refinery services
• Industrial precious metals

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Precious Metals Refining: Refining and purification services for gold, silver, platinum, palladium and other precious metals from jewelry, bullions, mining d'ore, industrial scraps and solutions. Individual approach with dedicated crucibles per customer for confidentiality.
2. Precious Metals Trading: Trading and hedging of precious metal products including gold bars, silver bars, platinum, palladium, rhodium and other platinum group metals
3. Minted Bars Sales: Sale of manufactured minted gold and silver investment bars in various sizes (0.5g to 100g for gold, 1g to 100g for silver)
4. Casted Bars Sales: Sale of casted gold bars (999.9 and 995 purity) and silver bars (999.0 purity) in various sizes from 100g to 12.5kg
5. Custom/Special Design Products: Customized bars and coins for commemorative events, promotional items, historical events, and sales incentives
6. Industrial Products & Services: Precious metal trading and hedging, refining for spent catalysts/bushings/targets, manufacturing of precious metal salts and solutions for industrial applications

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

IGR Global (formerly Istanbul Gold Refinery) is a precious metals refinery and trading company that purifies gold, silver, platinum, palladium and rhodium through chemical, electrochemical and pyro metallurgical processes. It produces and sells minted and casted investment bars, provides assaying, refining and recovery services, offers online metal ordering and hedging through its proprietary ORO 360 platform, and supplies customized precious metal products to mining, financial and industrial customers worldwide.

Product overview

IGR Global is a precious metals refinery and trading company offering a comprehensive portfolio of products and services. The core product line includes Minted Bars (gold and silver in sizes from 0.5g to 100g) and Casted Bars (gold 999.9/995 and silver 999.0 in various weights up to 12.5kg). Special Design services provide customized bars and coins for commemorative occasions. Industrial Products cover trading, hedging, and refining of platinum group metals, plus precious metal salts and solutions. The service portfolio includes Refining Services (using chemical, electrochemical and pyro metallurgical processes with comprehensive assaying), ORO 360 Online Metal Ordering System for trading and hedging, and Mining Industry Services. All products carry LBMA Good Delivery accreditation and the company operates as an LBMA Gold Good Delivery Refinery.

Differentiator

Problem solved

Functional benefit

Brands

• ORO 360: Online Metal Ordering System for precious metals trading and hedging

Products and services

• Refining Services Purification of precious metals from jewelry, bullions, mining d'ore, industrial scraps and solutions using chemical, electrochemical and pyro metallurgical processes. Includes assaying services. For mining companies, jewelers, bullion dealers, and industrial customers.
• ORO 360 Online Metal Ordering System

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core, minor and strategic.

• Turkish AirlinescoreStrategic or Co-development PartnerAssociation with Turkish Airlines enables secure and efficient delivery of precious metals from any point in the world to IGR's refinery near Istanbul Airport
• Borsa IstanbulcoreOthersMember of Borsa Istanbul exchange for trading and market access
• International Precious Metals Institute (IPMI)minorOthersMember of IPMI for industry engagement and standards
• Shanghai Gold ExchangestrategicStrategic or Co-development PartnerHigh-level delegation visit by Chairman JIAO Jinpu to discuss strengthening cooperation and innovation between gold markets

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Regional players

• Emirates Gold: Dubai-based LBMA Good Delivery refinery producing gold bars and refined products. Operates in the same MENA regional market as IGR with a closely comparable product offering, and is the most direct regional competitor.

Direct peers

• Perth Mint: Australian precious-metals refiner and producer of LBMA-deliverable investment coins and bars. Competes with IGR in the global bullion-minting and refining category.
• MKS PAMP GROUP: Swiss-based LBMA Good Delivery refiner and bullion dealer offering refining, minting, and trading across gold, silver, and platinum group metals. Operates a comparable vertically integrated model spanning industrial, financial, and retail customer segments like IGR.
• Metalor Technologies: Swiss-headquartered LBMA Good Delivery precious metals refiner offering refining, minting, and trading of gold, silver, and PGM. Closely comparable in product suite and customer base to IGR.
• Rand Refinery: South African LBMA Good Delivery refinery with refining capability across gold and silver, plus industrial by-products. Comparable precious-metals refining footprint with emerging-market positioning.
• Asahi Refining: North American LBMA Good Delivery refiner (acquired from Johnson Matthey) with refining operations for gold, silver, platinum, and palladium. A direct peer in precious-metals refining capacity and accreditation status.
• Valcambi: Swiss-based LBMA Good Delivery refiner specializing in gold, silver, platinum, and palladium refining and minting of investment bars. Direct competitor in the bullion and refining market.
• Tanaka Kikinzoku Kogyo: Japanese precious-metals company with refining, industrial, and trading operations across gold, silver, and PGM. Provides a comparable vertically integrated precious-metals platform to IGR.

Broad incumbents

• Heraeus Precious Metals: One of the world's largest precious-metals refiners, operating multi-site globally with refining, trading, and industrial recycling. Significant broader portfolio than IGR but overlapping refining and industrial-products capabilities.
• Royal Canadian Mint: Canadian government-owned precious-metals operation producing LBMA-deliverable gold and silver bars and coins. Comparable refining and minting capabilities to IGR's investment bar business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

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Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 IGR Global