About

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 Eykher
Chief Executive Officer & Co-Founder
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 Chernilovskiy
Chief Operating Officer & Co-Founder
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 Wang
Head of China
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.
Diego Molina
Diego Molina
Head of Business Development
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 Gomez
Head of Operations Latin America
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.
Gary Livshin
Gary Livshin
Chief Technology Officer
Gary Livshin leads Open Mineral's software development and operation teams. Gary is an expert in building highly scalable and agile teams in addition to developing B2B and B2C technologies that require speed to market. Gary has more than 15 years of software development and technology management experience. Prior to joining Open Mineral as CTO, he held various senior engineering and management positions at TimeTrade, Anysoft and Wellogic. He earned his BA in Computer Science from Brandeis University.
ILONA KIRIENKO
ILONA KIRIENKO
Strategic Projects and Partnerships
Ilona is a member of the senior management team and is in charge of Strategic Projects and Partnerships. She brings to Open Mineral extensive experience in strategy consulting and business development. She started her career at McKinsey&Co in Moscow and Buenos Aires and subsequently held a range of leadership positions in financial institutions such as BBVA and Credit Suisse driving corporate programs in product development, procurement and marketing. Ilona has rich international experience having lived and worked over the last 20 years in Russia, USA and several European and Latin American countries. She holds an MBA from Harvard Business School and an MA in International Commerce from MGIMO (Moscow).
Nikita Yampolski
Nikita Yampolski
Head of Product
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.
Max Weiland
Max Weiland
Head of Freight
Max has around ten years experience across commodities and dry-bulk shipping in Europe and Asia. Prior to joining Open Mineral, Max worked as a Shipbroker at Howe Robinson Partners in London and Shanghai. More recently, Max was a Chartering Manager for ship owner Torvald Klaveness, during which he serviced a broad portfolio of industrial clients from multi-national traders to Chinese state owned mining conglomerates. Max studied Chinese language and literature at East China University and obtained an MBA with Distinction from Warwick Business School. In addition to his native English, Max is a fluent speaker of Mandarin Chinese and Spanish.

Media Coverage

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 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 
Zurich-based startup incubator opens with Open Mineral On July 5, Thomson Reuters Labs™ celebrated the official launch of its Incubator, a program that provides select startups with office space 
Former Glencore traders launch concentrates trading platform A team of former traders from Glencore (LON:GLEN) will launch Wednesday an online platform to connect miners with 
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 
That’s where the mines and smelters are losing the most money A group of ex-Glencore (LN:GLEN) commodity traders have set up an online metal concentrate trading platform saying it will simplify 
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  
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 
Concentrates exchange Open Mineral launches with tonnages on offer. Since metal-concentrates trading platform Open Mineral Exchange was launched at the start of September, a significant chunk 
Electronic tenders, a shortcut to the mining global market Through a B2B platform, the tender is offered to the best bidder and the trader’s imposition is evaded. Thompson Reuters sees a great potential 
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  
About a third of global concentrates now trade on this new exchange Open Mineral Exchange, launched on Sep. 1, has managed to attract some heavyweight customers.
Open Mineral, a Baar, Switzerland based start-up is jumping on the blockchain bandwagon with an eye to using the technology to improve transparency in the metal- concentrate industry
Open Mineral, founded by former Glencore executives, has been selected as one of the four finalists to  to participate in the #DisruptMining challenge in March

#DISRUPTMINING

 

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