OPEN MINERAL AT A GLANCE

At Open Mineral, we advance the trade of base metal raw materials and secondary products using technology and analytics. Our clients benefit from reaching sellers and buyers of base metals commodity on a global scale.

Open Mineral is based in Switzerland but operates worldwide. We have offices in Latin America, Asia, and Europe.
1
2017
Open Mineral was founded.
100+ metal & mining companies
from 25 countries join the platform
2
2018
Open Mineral is "the" industry
innovation
. Finalist of 2018 #DisruptMining competition
3
2019
400+ companies from 39 countries are using the platform. USD 8.75 million of investor funding received
4
2019
Open Mineral was selected by World Economic Forum (WEF) as 2019 Technology Pioneer

OPEN MINERAL IN INTERNATIONAL MEDIA

"The marketplace is the latest attempt to bring the world of commodities into the digital age and lower the transaction costs of physical trading, which is still mostly done using paper documents."
"Former Glencore traders launch an eBay-style marketplace for metals, the latest attempt to shake up the way commodities are bought and sold."
"When this disruption becomes a reality in the metals market, this industry will finally take its great step towards the 21st century."
"A group of former Glencore traders have set their sights on disrupting the often opaque world of metal concentrates trading with a new platform, aiming to digitize tenders and procurement."
"The concentrate market is traditionally a very closed environment, in the hands of large trade houses who have undisclosed methods of pricing."
"Smelters and miners could potentially boost returns by millions of dollars by dealing directly in the concentrate market, which is inefficient and opaque."
TEAM AND ADVISORY COMMITTEE OF INDUSTRY EXPERTS
Boris Eykher
Chief Executive Officer & Co-Founder
Boris has more than 16 years of experience in management, commercial and financial roles. Prior to founding Open Mineral AG, he was with Glencore for 8 years... see more
Ilya Chernilovskiy
Chief Operating Officer & Co-Founder
Ilya has more than 12 years of experience in metals & mining and commodities trading in addition to experience in finance. Prior Open Mineral, was with Glencore... see more
Diego Molina
Head of Business Development
Diego is the Head of Business Development / Americas at Open Mineral. Prior to that, he worked at Glencore for 5 years in Lima, Baar, Stamford... see more
Ryan Cochrane
Head of Research
Ryan Cochrane has over 12 years of experience. Prior to joining us, he led CRUs base metals supply and cost research and the gold mining research at Wood Mackenzie.. see more
Roger Steiner
Head of Traffic
Roger brings over 30 years of experience in commodity trading with a deep knowledge of products such as steel, chrome ore, ferroalloys, zinc, and lead concentrates/metals.... see more
Edouard Pénot
Trader for base and precious metal concentrates
Edouard has over 10 years in physical commodity trading and finance. Previously with Transamine, trading base metal concentrates... see more
Wen Wang
Head of China
Wen joined Open Mineral with 30 years of experience in nonferrous metal trading specializing in copper, lead, zinc, and gold markets. Many years as a trader at Mark Rich Co Ag... see more
Nikita Yampolski
Head of Product
Nikita is leading the product team with two decades of IT/software and business expertise under his belt in Switzerland, France, Russia, Ukraine and other regions... see more
Chief Executive Officer & Co-Founder
Boris Eykher
Boris has more than 16 years experience in management, commercial and financial roles. Prior to founding Open Mineral AG, he was with Glencore for 8 years in various functions including CFO of Kazzinc, Asset Manager for their base and precious metal mines and smelters, in addition to working as a trader of zinc, lead, copper, gold and silver concentrates. Boris also has extensive experience in finance – particularly private equity and venture capital – having spent a number of years at Pacific Corporate Group. Boris obtained his MBA from Harvard Business School and holds a B.S. in Electrical Engineering and Computer Science from UC Berkeley.
Chief Operating Officer & Co-Founder
Ilya Chernilovskiy
Ilya has more than 12 years experience in metals & mining and commodities trading in addition to experience in finance. Prior to founding Open Mineral, Ilya was with Glencore as an Asset Manager in their base and precious metals and concentrates department working in Switzerland, USA and Kazakhstan. His experience also extends to executive positions in the mining service industry with AV Group in addition to working as an investment-banking associate with Bank of America Merrill Lynch. Ilya holds an MBA from Harvard Business School and an MSc in Chemical Technology from Mendeleev University.
Head of Business Development
Diego Molina
Diego is Head of Business Development in the America's at Open Mineral. Prior to that, he worked at Glencore for 5 years in Lima, Baar, and Stamford, having had assumed the roles of zinc/lead trader, traffic, and having been in charge of blending and logistics operations in Peru. He also has experience in management consulting, specifically in logistics and cost optimization. Diego obtained his B.A in International Relations at Lehigh University.
Head of Traffic
Roger Steiner
Roger brings over 30 years of experience in commodity trading with a deep knowledge of products such as steel, chrome ore, ferroalloys, zinc, and lead concentrates/metals. Prior to joining Open Mineral, Roger held several leadership positions at Glencore, Switzerland: Senior Traffic for lead and zinc concentrates and, subsequently, Traffic Manager and Regulation Specialist for IMO and REACH. In addition to that, Roger was responsible for the worldwide warehouse security and stock control for the zinc/copper department.
Trader for base and precious metal concentrates
Edouard Pénot
Edouard has more than 10 years of experience in physical commodity trading and finance. Before joining Open Mineral, Edouard was with Transamine, trading base metal concentrates; and prior to that, he worked as a senior associate for Morgan Stanley in Fixed Income. Edouard holds Masters in Metals and Energy Finance from the Royal School of Mines, Imperial College London
Head of Traffic
Roger Steiner
Roger brings to Open Mineral over 30 years of experience in commodity trading with a deep knowledge of such products as steel, chrome ore, ferro alloys, zinc and lead concentrates/metals. Prior to joining Open Mineral Roger held several leadership positions at Glencore, Switzerland: Senior Traffic for lead and zinc concentrates and subsequently Traffic Manager and Regulation Specialist for IMO and REACH. In addition to that Roger was responsible for the world wide warehouse security and stock control for the zinc/copper department.
Head of China
Wen Wang
Wen joined Open Mineral with 30 years of experience in nonferrous metal trading specializing in copper, lead, zinc, and gold markets. Following many years as a trader at Mark Rich Co Ag, Wen brings in-depth concentrate market knowledge. She has extensive regional experience as a result of building and running her own trading business, Sunny Water. In addition, Wen has been in lead of a number of regional and global businesses including her position as the Head of Operations at Cliveden and MRI, Shanghai
Head of Product
Nikita Yampolski
Nikita is leading the product team and has two decades of IT/software and business expertise. As something of a serial entrepreneur, Nikita has founded himself and/or managed a number of start-ups over the years. He has worked for companies like Gemalto SA France, Sicap AG (Swisscom Group), Spitch AG, unadox, Yandex Europe and other assignments in Switzerland, France, Russian and Ukraine. Nikita has also worked on the development of a platform connected to the NASDAQ stock exchange (automated algorithmic trading). Nikita holds a Master's Degree in Computer Science and Software Engineering.
Head of Operations / Latin America
David Gomez
David has over 8 years of experience in commercial and management roles. His experience includes working at Glencore (Perú) in the role of zinc/lead trader, traffic manager, where he was also in charge of zinc blending and logistics operations. Prior to Glencore, he worked at Hochschild Mining in the department of commerce and finance. David is an experienced consultant, specializing in risk management and cost optimization. David obtained his MBA at I.E. Business School and his B.A in Business at Universidad del Pacífico in Lima.
Head of Research
Ryan Cochrane
Ryan Cochrane has over twelve years of experience as a metals analyst and geologist having worked on gold and polymetallic projects in South Africa, Western China, Armenia and the Northern Andes.
Prior to joining Open Mineral, he led CRUs base metals supply and cost research, worked on copper mine costs and later led the gold mining research team at Wood Mackenzie. In earlier roles, he covered precious metals at Thomson Reuters GFMS. He has strong expertise of zinc, lead and copper markets along with precious metals. Ryan holds a PhD in geochemistry, geochronology and thermochronology from the University of Geneva, Switzerland.