CAMET

What CAMET does

CAMET AG is a privately held Swiss commodity trading house headquartered in Baar/Zug, Switzerland. It is the successor entity to Camet Metallurgie GmbH, which was founded in 1993 as the global marketing agent for ferro-niobium from Niobec Inc. (then the world's third-largest niobium producer), and to Camet KLG, which was established in Switzerland in 2020 before being converted into a Swiss Aktiengesellschaft (Camet AG) in 2023. The current company is owned and led by co-founders Christian Falk (Managing Director), Alfred Ebeling (the original 1993 founder, who returned as shareholder in 2023), and Christoph Ebeling (Director), all with long tenures at major mining and trading houses including Glencore, H.C. Starck, Klöckner & Co., and Cambior.

The company sources, markets, and distributes critical raw materials — primarily zinc oxide and copper ore/concentrates/cathodes — bridging mining operations in the Americas and Africa with industrial consumers globally. It operates under exclusive or long-term Sales & Marketing agreements with selected producers (Auxico Resources Canada Inc. since 2020, Central America Nickel Inc. since 2023), represents those producers at the TIC and REIA industry associations, and is the full owner of Montreal-based Vega Metals Trading Inc. following a 2025 acquisition of the remaining 50% stake from Palos Wealth Management.

Revenue is generated through transaction-fee trading on quote-based, negotiated terms, with a sales-led B2B model relying on direct relationships rather than traditional marketing channels. The firm employs 1–10 people, has no disclosed external institutional backing, and does not publicly disclose revenue. Strategic positioning is built on founder credibility, an established global producer–consumer network, and a focus on critical and specialty raw materials tied to the energy transition.

Name

CAMET

Legal name

Camet AG

Website

https://camet.ch

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Swiss commodity trading house that sources, markets, and distributes zinc oxide and copper ore/concentrates/cathodes, connecting mining operations with industrial consumers through exclusive Sales & Marketing agreements.

Ownership category

akta.pro rank

Product category

Commodity Trading

NAICS

Coal and Other Mineral and Ore Merchant Wholesalers (42352)

SIC

Wholesale-Metals & Minerals (No Petroleum) (5050)

akta.pro primary industry

Non-Ferrous Base Metals Trading (Aluminum, Copper, Zinc, Lead, Tin, Nickel) (IMAKAJAC)

akta.pro secondary industry

Commodity Brokerage, Merchants & Structured Trade (Offtake, Prepay, Inventory/Collateral Mgmt) (IMAKAJAK)

Keywords

• Commodity trading
• Zinc oxide
• Copper cathodes
• Raw materials distribution
• Mining marketing

Headquarters

HQ city

Baar

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Commodity Trading and Marketing: CAMET AG generates revenue through sourcing, marketing, and distributing high-quality zinc oxide and copper ore, concentrates, and cathodes. The company acts as a trading house, bridging mining operations with industrial consumers through exclusive sales and marketing agreements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

CAMET AG is a commodity trading house that sources, markets, and distributes zinc oxide as well as copper ore, copper concentrates, and copper cathodes. The company acts as an international intermediary between mining operations (primarily in Latin America and Africa) and global industrial consumers, operating under exclusive sales and marketing agreements.

Product overview

CAMET AG is a Swiss-based global trading house (2nd generation, successor to Camet GmbH) that specializes in the sourcing, marketing, and distribution of critical raw materials. The company operates two core product lines: zinc oxide and copper ore/concentrates/cathodes. CAMET bridges the gap between reliable mining operations and the world's leading industrial consumers, focusing on long-term partnerships grounded in trust and performance.

Differentiator

Problem solved

Functional benefit

Products and services

• Zinc Oxide Trading
• Copper Ore, Concentrates and Cathodes Trading

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• Central America Nickel Inc.coreStrategic or Co-development Partner · 1 January 2023CAMET AG signed Sales & Marketing agreement with Central America Nickel Inc. (CAN) in 2023. CAMET also represents CAN at TIC and REIA industry associations.
• Vega Metals Trading Inc.coreStrategic or Co-development Partner · 1 January 2021CAMET AG (50%) and Palos Capital Markets Inc. (50%) jointly founded Vega Metals Trading Inc., a Montreal-based trading house in 2021. In 2025, CAMET AG acquired Palos Wealth Management's 50% stake, becoming the full owner of Vega Metals.
• Palos Capital Markets Inc.coreStrategic or Co-development Partner · 1 January 2021Palos Capital Markets Inc. (50%) co-founded Vega Metals Trading Inc. with CAMET AG in 2021. The partnership was dissolved in 2025 when CAMET AG acquired the remaining 50% stake.
• Auxico Resources Canada Inc.coreStrategic or Co-development Partner · 1 January 2020CAMET KLG (now CAMET AG) signed exclusive Sales & Marketing agreement with Auxico Resources Canada Inc. in 2020. CAMET AG represents Auxico Resources Canada Inc. at TIC and REIA industry associations.
• TIC (Tantalum - Niobium International Study Center)minorOthersCAMET AG represents Auxico Resources Canada Inc. and Central America Nickel Inc. at the TIC (Tantalum - Niobium International Study Center), an industry association.
• REIA (Rare Earth Industry Association)minorOthersCAMET AG represents Auxico Resources Canada Inc. and Central America Nickel Inc. at the REIA (Rare Earth Industry Association).

Scale indicators2 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• Mitsubishi Corporation RTM: Japanese trading house (sogo shosha) with a substantial non-ferrous metals trading and marketing business. Competes with CAMET for global base-metals offtake mandates and has the scale to underbid mid-sized Swiss trading houses on commission.
• IXM (International Zinc Association member of Louis Dreyfus Company): Global metals and concentrates trading subsidiary of Louis Dreyfus Company, active across zinc, copper, lead, and minor metals. Direct competitor to CAMET in zinc and copper concentrates marketing for mining producers.
• Mercuria Energy Trading: Major Swiss-headquartered commodity trader active across metals, minerals, and energy. Mercuria is a direct competitor for zinc and copper concentrates trading mandates in the same Zug/Swiss commodity trading ecosystem where CAMET operates.
• Trafigura: One of the largest physical commodity traders globally, with significant copper, zinc, and concentrates trading operations. Trafigura competes with CAMET for non-ferrous base-metals offtake and marketing mandates, particularly from Latin American producers.
• Glencore: The world's largest diversified commodity trader and one of the largest producers of copper, zinc, and related metals. Glencore's copper department is where CAMET co-founder Christian Falk previously worked for five years; it competes directly with CAMET in marketing copper concentrates and cathodes and is a benchmark for industry compensation structures.

Others

• Palos Capital Markets / Palos Wealth Management: Montreal-based financial firm that co-founded Vega Metals Trading Inc. with CAMET in 2021 and sold its 50% stake to CAMET in 2025. Relevant as the former JV partner and an ecosystem participant in Canadian commodity finance.

Direct peers

• Ocean Partners: Private non-ferrous metals trader and marketing agent with offices in key trading hubs. Ocean Partners operates exclusive marketing mandates for base-metal producers in a model closely matching CAMET's exclusive Sales & Marketing agreements with Auxico Resources and Central America Nickel.
• Transamine Trading: Geneva-based non-ferrous metals trading house specializing in copper, zinc, lead, and concentrates from third-party producers. Closely comparable to CAMET in size, business model, and product focus — both are mid-sized Swiss traders serving mining producers and industrial consumers worldwide.
• Triland Metals: London-based LME ring-dealing member and metals trader focused on non-ferrous metals including copper, zinc, and concentrates. Comparable niche trading-house model to CAMET in base-metals marketing and trading for third-party producers.
• Stratton Resources / Stratton Metals: Niche metals trading and marketing house focused on non-ferrous base metals and minor metals. Comparable to CAMET in operating model, geographic focus, and product overlap in zinc and copper.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/camet-ag

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 records

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 CAMET