Metal concentrates trading platform Open Mineral has diversified its businesses to make a foray into trading secondary product and providing logistics solutions, chief executive officer Boris Eykher said in a recent interview with Metal Bulletin.
"We talk to multiple smelters from around the world and they want to sell their byproducts. However, the only clients that they know are one to two parties they know from the industry. Indeed there is a chance for them to get a better price." Eykher said. Open Mineral, which launched in September 2017, is looking to replace the role of the trader in matching producers and consumers of metal concentrates by their diverse requirements and allow users to negotiate treatment and refining charges (TC/RCs), penalties, payables and...