About
Power of Information and Technology
Open Mineral is a cloud-based solution that makes it easy to competitively buy and sell metal concentrates and ensure efficient trade execution. The platform also offers access to additional services integral to smooth trade execution such as freight, surveying, financing and insurance.
Technology and Analytics
Integrating industry knowledge, technology, and advanced analytical tools to make concentrate trading more profitable and data-driven.Most valuable options
Streamlining metal concentrate trade by providing intuitive and powerful tools to select the most valuable options around the world for each party and unique quality of concentrate.Global reach
Connecting each producer with the global community of industry participants to identify the best business partners.EXECUTIVE TEAM
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.
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 services industry with AV Group in addition to work 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.
Wen Wang
Wen joins Open Mineral with 30 years of experience in nonferrous metal trading with specific expertise in copper, lead, zinc and gold markets. Wen brings with her in-depth concentrate market knowledge following many years as a trader at Mark Rich Co Ag, in addition to further regional experience as a result of setting up and running her own trading business, Sunny Water. In addition, Wen has lead a number of regional and global businesses including heading up the operations of Cliveden and MRI Shanghai.
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.
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/ 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.
David Gomez
David has more than 8 years of experience in commercial and management roles. Before Open Mineral AG, he worked at Glencore for 4 years in Perú in the roles of zinc/lead trader, traffic, and in charge of zinc blending/ logistics operations. Prior to that, he worked at Hochschild Mining in their commercial and finance departments; he has also experience in consulting, specifically 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.
Nikita Yampolski
Nikita heads Open Mineral's product team and has two decades of IT/software and business expertise. Something of a serial entrepreneur, Nikita has also founded and managed a number of start-ups over the years. In addition, he has experience working with Gemalto, Sicap (Swisscom), Yandex Europe (assignments in Ukraine, Russia, France and Switzerland). Nikita 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.
Media Coverage
Technological disruption in the metals industry
Mexico and Peru are two of the countries that lose large amounts of money in the metal concentrate industry due to inefficiency and lack …
Former Glencore traders launch metal trading platform A group of former Glencore traders have announced plans to launch an eBay-style marketplace for metals, the latest attempt to shake up the …
Ex-Glencore Traders Aim to Cut Out Middlemen With Online Concentrate Platform A group of former traders from commodity house Glencore are set to launch an online platform on Wednesday …
Ex-Glencore traders aim to cut out middlemen with online concentrate platform A group of former traders from commodity house Glencore are set to launch an online platform on Wednesday …
Ex-Glencore traders eye a piece of $50 billion metal concentrates market with new trading platform A group of former Glencore traders have set their sights on disrupting the often opaque world of …
Ex-Glencore traders launch ‘eBay’ platform for metals concentrate transactions A group of ex-Glencore traders is launching a new digital platform called Open Mineral aimed at …
CAN A DIGITAL PLATFORM OPEN UP THE OPAQUE METALS INDUSTRY? Open Mineral wants to change how physical commodities are traded. What will it take to disrupt a market that’s stuck in the 20th century? Boris Eykher (MBA 2009) and Ilya Chernilovskiy (MBA 2013) watched the 2015 global price slump in commodities with horror…
#DISRUPTMINING
