Our Journey
Founded in 2005 as Louis Dreyfus Metals, IXM has grown from a commodities trading platform into one of the world’s leading metals merchants.
Headquartered in Geneva, Switzerland, IXM is now recognised as the third-largest metals trading company globally, alongside industry giants Glencore and Trafigura.
Our journey began with the acquisition of Mitsui & Co’s copper concentrates book, and we have since expanded our reach to include a diverse portfolio of base and precious metals. In 2018, we rebranded to IXM following our acquisition by the Chinese fund NCCL Natural Resources Investment Fund, and in 2019, China Molybdenum took full control of our operations.
Today, IXM is a key player in the global metals market, known for our expertise in copper, zinc, lead and nickel. Our commitment to excellence and innovation drives us to provide top-tier services to the mining industry, ensuring sustainable and responsible sourcing of metals for a better future
2005
LDC group acquired Mitsui’s base metals book, traders based in London.
2006
Metal business unit established; started Copper / Zinc / Lead Concentrates and refined Copper books.
2009
Reached 1m MT annual volume.
2010
Established WBCT (Wallis Bay Terminal Namibia), the 1st JV with Access World.
2012
Started refined Zinc/Lead books.
2013
Started operating Callao warehouse Peru Reached 2m MT annual volume.
2014
Reached 3m MT annual volume.
2015
Started Aluminium book.
2016
Started refined Cobalt book.
2017
Reached 4m MT annual volume.
2018
Change of principal shareholder, LDC Metals becomes IXM.
2019
Started Niobium / Cobalt Hydroxide books. Reached 5m MT annual volume.
2020
Started Niobium / Cobalt Hydroxide books. Reached 5m MT annual volume.
2021
WBCT (Walvis Bay Terminal Namibia) reached 1m MT throughput.
2022
Started Lithium book.
2023
Reached 6m MT annual volume. Established UCT (Ushaka Cargo Terminals Durban), the 2nd JV with Access World.
2024
Joined “The Copper Mark” as partner
2025
Donated 1.6M USD to charitable causes