IXM S.A. is a base metal commodity trading company with headquarters in

Geneva Geneva ( , ; ) ; ; . is the List of cities in Switzerland, second-most populous city in Switzerland and the most populous in French-speaking Romandy. Situated in the southwest of the country, where the Rhône exits Lake Geneva, it is the ca ...

, Switzerland. It is regarded as the third biggest metals trading company aside from

Glencore Glencore plc is an Anglo-Swiss Multinational corporation, multinational commodity trading and mining company with headquarters in Baar, Switzerland, Baar, Switzerland. Glencore's oil and gas headquarters are in London, London, England as well a ...

and

Trafigura Trafigura Group Pte. Ltd. is a Singaporean-based multinational commodities company, with major regional hubs in Geneva, Houston, Montevideo and Mumbai, founded in 1993. The company trades in base metals and energy. It is the world's largest pri ...

. The current company was rebranded from "LDC Metals" to "IXM" after the transaction from LDC Group to the Chinese fund NCCL Natural Resources Investment Fund was completed in May 2018. It is a global merchant in base and precious metals, and is among the top

copper Copper is a chemical element; it has symbol Cu (from Latin ) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orang ...

zinc Zinc is a chemical element; it has symbol Zn and atomic number 30. It is a slightly brittle metal at room temperature and has a shiny-greyish appearance when oxidation is removed. It is the first element in group 12 (IIB) of the periodic tabl ...

and

lead Lead () is a chemical element; it has Chemical symbol, symbol Pb (from Latin ) and atomic number 82. It is a Heavy metal (elements), heavy metal that is density, denser than most common materials. Lead is Mohs scale, soft and Ductility, malleabl ...

concentrates merchandizers, and a leader in refined

aluminium Aluminium (or aluminum in North American English) is a chemical element; it has chemical symbol, symbol Al and atomic number 13. It has a density lower than that of other common metals, about one-third that of steel. Aluminium has ...

and

nickel Nickel is a chemical element; it has symbol Ni and atomic number 28. It is a silvery-white lustrous metal with a slight golden tinge. Nickel is a hard and ductile transition metal. Pure nickel is chemically reactive, but large pieces are slo ...

markets. IXM's business started in 2005 when Louis Dreyfus Company acquired

Mitsui & Co is a Japanese general trading company (Sogo shosha, ''sogo shosha'') and a core member of the Mitsui, Mitsui Group. For much of the post-war period, Mitsui & Co. has been among the largest of the five great ''sogo shosha'' (Mitsui, Mitsubishi Co ...

's copper concentrates book. The business was expanded rapidly afterwards, when IXM broadened its reach to multiple raw and refined metal books. In 2012, IXM acquired 51% stake of GKE metal with $8m, as a step of its expansion into metals warehousing business. The GKE Metal's stake was sold to a sister company of LDC in Nov 2017, as per a company filing of Louis Dreyfus Company. China Molybdenum took full control IXM in July 2019.

References

Multinational companies headquartered in Switzerland Commodities traders {{Switzerland-company-stub