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.
Open Mineral is based in Switzerland but operates worldwide. We have offices in Latin America, Asia, and Europe.
1
2018
Open Mineral is "the" industry
innovation. Finalist of 2018 #DisruptMining competition
innovation. Finalist of 2018 #DisruptMining competition
2
2019
Open Mineral was selected by World Economic Forum (WEF) as 2019 Technology Pioneer
3
2020
Open Mineral wins Rising Star Company award at S&P Global Platts Global Metals Awards
4
2021
Open Mineral is a finalist in the New Technology for the Metals and Mining Industry award at S&P Global Platts Global Metals Awards
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
Chairman & Co-Founder
Ilya has more than 16 years experience in metals & mining and commodities trading in addition to experience in finance. Prior to founding Open Mineral, Ilya was with Glencore... see more
Winston Ma
Chairman, Advisory Board
Winston Ma is an investor, attorney, author, and adjunct professor in the global digital economy. He is one of a small number of native Chinese ...see more
Axel Krueger
Head of Trade Finance & Treasury
Axel has over 25 years of experience and proven track record with various global trading houses and large financial institutions as a corporate specialist in the fields of ... 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
Business Development Europe
Edouard has over 10 years in physical commodity trading and finance. Previously with Transamine, trading base metal concentrates... see more
Jonathan Fruchter
Business Development North America
Jonathan has 8 years of experience in physical commodity trading & financial markets. Previously with Gerald Metals focusing on base and precious metals concentrates... see more
Vijay Philip
Business Development Australia
Vijay has over 10 years experience in the metals and mining industry and commodities trading. Prior to leading the business development for Open Mineral in Australia ... see more
Vinnie Yu
Business Development China
Vinnie Yu was head of trading of 20-man team, by leading the purchase and sales of Non-Ferrous raw materials for more than 5 years, he has built wide and in-depth relationship... see more
Wen Wang
Business Development 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 Marc Rich Co... 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
Angelina Yuzhen Zhang
Senior Traffic
Angelina has over 15 years operational experience in international commodity trading Industry (both minerals and chemical products). She has deep knowledge of logistics... see more
David Gomez
Head of Operations South America
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... see more
Juan Sanchez
Business Development Colombia
International Business Professional, Holds an MBA degree of the European Business School in Madrid/Spain and international work experience (Colombia, France, Spain)... see more
Nick Pickens
Head of Marketing & Strategy
Nick has over 18 years of experience in the global metals and mining markets in analysis, research and product development. Prior to joining Open Mineral, he was... 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.
Chairman & Co-Founder
Ilya Chernilovskiy
Ilya has more than 16 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
Business Development 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 Marc Rich Co, 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 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.
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.
Head of Operations South 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.
Business Development North America
Jonathan Fruchter
Jonathan has 8 years of experience in physical commodity trading and financial markets. He most recently worked at Gerald Metals focusing on base and precious metals concentrates. Prior to that he was at Commonwealth Opportunity Capital, a global macro hedge fund. He received his B.S from Binghamton University.
Customer Success Lead
Celeste de Biedma
Celeste has over 9 years of experience in the Customer Success area. She managed the implementation of several CRMs in big companies such as Ford Motor Company and Ernst & Young. Before joining Open Mineral, Celeste was with Exxon Mobil and took part of the leadership team implementing the worldwide migrations working from Houston and Buenos Aires.
Business Development China
Vinnie Yu
Vinnie Yu was head of trading of 20-man team, by leading the purchase and sales of Non-Ferrous raw materials for more than 5 years, he has built wide and in-depth relationship with Chinese smelters and non-ferrous trading companies. He has abundant experience in promoting business with Chinese companies, both in import and export, specializing in Copper, Gold, Lead, and Zinc materials.
Business Development Australia
Vijay Philip
Vijay has over 10 years experience in the metals and mining industry and commodities trading. Prior to leading the business development for Open Mineral in Australia & Asia-Pacific regions he held the role of Vice President - Commercial at the Philippine Associated Copper Smelter and Refinery (PASAR) Corporation and held various base metal trading roles with Glencore in Switzerland and Australia.
Vijay holds a BCom (Honours) in Finance from the University of New South Wales and BCom in Finance and Accounting from the University of Auckland.
Vijay holds a BCom (Honours) in Finance from the University of New South Wales and BCom in Finance and Accounting from the University of Auckland.
Chairman, Advisory Board
Winston Ma
Winston Ma is an investor, attorney, author, and adjunct professor in the global digital economy. He is one of a small number of native Chinese who have worked as investment professionals and practicing capital markets attorneys in both the United States and China. Most recently for 10 years, he was Managing Director and Head of North America Office for China Investment Corporation (CIC), China's sovereign wealth fund.
Winston is now also an adjunct professor at New York University's School of Law. Author of China's Mobile Economy (2016) and The Hunt for Unicorns: How Sovereign Funds Are Reshaping Investment in the Digital Economy (2020). He was a CIC - appointed board member at the Noble Group, in connection with the 2017 restructuring of the commodities-trading and logistics company.
Winston is now also an adjunct professor at New York University's School of Law. Author of China's Mobile Economy (2016) and The Hunt for Unicorns: How Sovereign Funds Are Reshaping Investment in the Digital Economy (2020). He was a CIC - appointed board member at the Noble Group, in connection with the 2017 restructuring of the commodities-trading and logistics company.
Senior Traffic
Angelina Yuzhen Zhang
Over 15 years operational experience in international commodity trading Industry (both minerals and chemical products). Deep knowledge of logistics transportation/ freight forward, global
inventory planning, contract negotiation, trading strategies and marketing analysis, risk and insurance, trade finance, hedging in futures markets , project management and SAP (MM) skills. Prior to Open Mineral she held the traffic roles in Cliveden Trading, Nyrstar, and MRI.
inventory planning, contract negotiation, trading strategies and marketing analysis, risk and insurance, trade finance, hedging in futures markets , project management and SAP (MM) skills. Prior to Open Mineral she held the traffic roles in Cliveden Trading, Nyrstar, and MRI.
Business Development Colombia
Juan Fernando Sanchez
International Business Professional, Holds an MBA degree of the European Business School in Madrid/Spain, International work experience (Colombia,France,Spain) in trading of commodities, Logistics and Capital markets .
"Trading of Commodities is my Passion but my experience is not limited to that, I have been involved in different areas such as business intelligence, marketing, operations, logistics in the mentioned industries . I love working in daily changing markets, multicultural environments and multi-task management. I don't meet prospects but future clients, I don't sign contracts but build long-term relationships"
"Trading of Commodities is my Passion but my experience is not limited to that, I have been involved in different areas such as business intelligence, marketing, operations, logistics in the mentioned industries . I love working in daily changing markets, multicultural environments and multi-task management. I don't meet prospects but future clients, I don't sign contracts but build long-term relationships"
Head of Trade Finance & Treasury
Axel Krueger
Axel has over 25 years of experience and proven track record with various global trading houses and large financial institutions as a corporate specialist in the fields of: Physical Supply Chain & Shipping and Operations, Structured & Project Finance, Merger & Acquisition, Corporate Finance & Treasury, Compliance & Risk Management, Corporate Strategy & Business Development, Executive managerial function of handling teams to achieve targets in line with shareholders' budget expectations. Before joining Open Mineral AG, Axel had his own independent consultancy firm and prior to that was at MRI Trading AG.
Axel holds a BA (Hons) European Business Administration with a major in Economics from Regent's University, London, UK.
Axel holds a BA (Hons) European Business Administration with a major in Economics from Regent's University, London, UK.
Head of Marketing & Strategy
Nick Pickens
Nick has over 18 years of experience in the global metals and mining markets in analysis, research and product development. Prior to joining Open Mineral, he was Research Director at Wood Mackenzie, leading analysis on copper raw materials. He has presented market opinion and analysis at industry leading events (PDAC, ICSG & LME Forums) and also to the executive boards of many of the major copper mining companies. Nick has held positions at GFMS and Mineral Value Services across base, bulk and precious metals. He has spent part of his career in the capital markets at Canaccord Genuity and Liberum Capital, covering a diversified portfolio of mining companies. Nick holds an MGeol in Geological Sciences from the University of Leeds, and an MSc in Mineral Project Appraisal from Imperial College.