Metorex
- Company typePrivate
- Founded1975
- HeadquartersJohannesburg, South Africa
- Headcount101–250
- GTM typeB2B
- OfferingServices
Metorex firmographics
Firmographics- Name
- Metorex
- Legal name
- Metorex (Pty) Limited
- Website
- https://metorexgroup.com
- Company type
- Private
- Founded year
- 1975
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Metorex industry classification
Industry- Product category
- Copper and Cobalt Mining
- NAICS
- Copper, Nickel, Lead, and Zinc Mining (212230), Other Metal Ore Mining (212290)
- SIC
- Metal Mining (1000)
- akta.pro primary industry
- Copper Ore Mining (Open-Pit & Underground) (IMAKADAB)
- akta.pro secondary industry
- Fluorspar (Fluorite) Mining (IMAKAGAM)
Keywords
Where Metorex is headquartered
LocationHeadquarters
- HQ city
- Johannesburg
- HQ country
- South Africa
- HQ region
- Africa
Offices4 records
Markets served
Metorex business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Supply Chain
Revenue model
- Copper and Cobalt Mineral Sales: Metorex generates revenue through the extraction and sale of copper and cobalt minerals from its operating mines including Kinsenda, Chibuluma Mines, and Ruashi Mining.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Metorex product offering
Product offeringCore offering
Metorex is an African mining group that operates copper and cobalt mines, extracting and selling copper and cobalt minerals from its operating mines in Zambia and the Democratic Republic of Congo. The company runs three producing mines (Chibuluma, Ruashi, Kinsenda) and two development projects (Musonoi, Lubembe), while also providing management, technical, procurement, supply chain, and financial services to its mining operations from its Johannesburg headquarters.
Product overview
Metorex is a mining group operating copper and cobalt mines in Africa. The company operates three producing mines: Chibuluma Mines plc (copper, Zambia), Ruashi Mining SAS (copper and cobalt, DRC), and Kinsenda Copper Company SARL (copper, DRC). The company also has two development-stage projects: Musonoi Project (copper and cobalt, DRC) and Lubembe Project (DRC). Metorex is a subsidiary of Jinchuan Group, a Chinese state-owned mining company. The company provides management, technical services, and commercial services (procurement, supply chain, and financial services) from its Johannesburg headquarters to its mining operations.
Differentiator
Problem solved
Functional benefit
Products and services
- Chibuluma Mines
Companies that use Metorex
Customer profileSegments1 record
Ideal customer profiles1 record
Metorex technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Metorex partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights4 records
Metorex competitors and assessment
Company assessmentDirect peers
- Ivanhoe Mines: Developer and operator of the Kamoa-Kakula copper complex in the DRC's Western Foreland — adjacent to the Copperbelt. Comparable to Metorex given its DRC copper focus, though predominantly a copper play rather than copper-cobalt.
- MMG Limited: Mid-tier diversified miner that operates the Kinsevere copper-cobalt mine in the DRC (directly comparable to Metorex's Ruashi operation) and Las Bambas in Peru. Comparable on copper-cobalt asset profile and African exposure.
- Glencore: One of the world's largest diversified miners with major copper-cobalt operations in the DRC (Mutanda, Kamoto Copper Company) and globally. Most directly comparable to Metorex as a peer producing copper and cobalt concentrate from African Copperbelt assets for sale into commodity markets.
- Eurasian Resources Group (ERG): Private, diversified mining group operating the Frontier copper mine and Metalkol cobalt operation in the DRC. Highly comparable to Metorex on copper-cobalt production from the same Copperbelt region and similar mid-cap asset profile.
- China Molybdenum (CMOC): Chinese-headquartered miner that owns and operates the Tenke Fungurume copper-cobalt mine in the DRC. Highly comparable to Metorex given the same Chinese strategic ownership structure, DRC Copperbelt focus, and copper-cobalt output mix.
- First Quantum Minerals: Mid-cap copper miner with significant operations in Zambia (Kansanshi, Sentinel) and historically in the DRC. Directly comparable to Metorex given its African Copperbelt footprint, copper-concentrate output, and similar asset scale.
Regional players
- Vedanta Resources: Operates the Konkola Copper Mines (KCM) in Zambia — one of the largest copper operations in Africa. Comparable to Metorex on African Copperbelt copper exposure, though Vedanta is a broader diversified resources group.
- Barrick Gold: Major gold-copper miner operating the Lumwana copper mine in Zambia. Comparable to Metorex on regional Zambian copper footprint, though Barrick is a much larger, gold-focused diversified miner.
Broad incumbents
- Jinchuan Group International Resources Co Ltd: HKEX-listed parent of Metorex and itself a significant producer of copper, cobalt, and nickel. Comparable as the immediate parent and as a fellow Chinese-state-affiliated copper-cobalt producer, but operates at much greater scale across multiple jurisdictions.
- Freeport-McMoRan: One of the world's largest publicly-listed copper producers with major operations in the Americas and Indonesia. A broad incumbent comparable to Metorex on copper-focused mining, though at vastly greater scale and different geographic footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Metorex social profiles
Digital presenceMetorex financial estimates
Financial estimateRevenue estimate
Valuation estimate
Metorex leadership team
Management profileNumber of profiles
Metorex subsidiaries and ownership
Company hierarchySubsidiaries3 records
Metorex funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Metorex 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 Metorex
What does Metorex do?
Metorex is an African mining group that operates copper and cobalt mines, extracting and selling copper and cobalt minerals from its operating mines in Zambia and the Democratic Republic of Congo. The company runs three producing mines (Chibuluma, Ruashi, Kinsenda) and two development projects (Musonoi, Lubembe), while also providing management, technical, procurement, supply chain, and financial services to its mining operations from its Johannesburg headquarters.
Is Metorex a public or private company?
Metorex is a private company. It is classified as corporate owned and is currently operating.
When was Metorex founded?
Metorex was founded in 1975. It employs 101 to 250 people.
Where is Metorex based?
Metorex is headquartered in Johannesburg, South Africa, in the Africa region.
How does Metorex make money?
One revenue line is on record: copper and Cobalt Mineral Sales.
Who are Metorex's main competitors?
Direct peers on record are Ivanhoe Mines, MMG Limited, Glencore, Eurasian Resources Group (ERG), China Molybdenum (CMOC) and First Quantum Minerals. Regional players are Vedanta Resources and Barrick Gold. Broad incumbents are Jinchuan Group International Resources Co Ltd and Freeport-McMoRan.
Does Metorex have an API?
No public API is recorded for Metorex.
What industry is Metorex in?
Metorex's product category is Copper and Cobalt Mining. Its primary akta.pro industry code is IMAKADAB, Copper Ore Mining (Open-Pit & Underground), with a secondary code of IMAKAGAM, Fluorspar (Fluorite) Mining. Its NAICS code is 212230 and its SIC code is 1000.