FCA member since June 2021
IXM is one of the world’s largest non-ferrous trading houses and, since 2018, has been a fully owned subsidiary of the CMOC Group. We provide sound, tailored and diversified sourcing, risk management, logistics and financing solutions to our wide network of consumers and clients in the mining and metals industry.  With offices worldwide, IXM originates, transports, and markets 3rd party material as well as CMOC Group’s production which, amongst others, includes the cobalt hydroxide and copper cathode from the Tenke Fungurume mine in the DRC.

We trade intermediate and refined cobalt products from a number of mines and smelters including long term offtakes outside of the DRC.

“It is in our interest to meet the expectations of our stakeholders’; these are diverse and include our own teams. We are proud to be part of this innovative and forward-thinking group of companies committed to progress and change. We believe that our membership of the alliance will contribute to improving the livelihoods and welfare of local communities and the traceability of the products we trade.”

While we do not source from ASMs, IXM has long recognized that the non-acceptance of ASM cobalt does not help to address the issues or their root causes. On the contrary, disengagement from ASM creates the risk that the ASM cobalt trade will become even more hidden, leaving the miners and their families worse-off. By joining the FCA, IXM follows the OECD’s recommendation to contribute to collective action, fostering the creation of responsibly produced ASM cobalt.


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