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3 Latest Announced Rounds

$1,868.87M Raised in 70 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Metalex Commodities Inc.

start up
United States - Houston, TX
  • 30/05/2023
  • Seed
  • $2,000,000

Metalex Commodities Inc. is a US-based commodity trading firm with operations across Africa.

We empower artisanal and small scale miners in various African countries by formalizing, training, equipping them and then serve as their access to markets through offtake contracts.

Our traceable quality-controlled and ethically sourced metal ores and concentrates are delivered to buyers in Asia.

We are currently active in Lead, Zinc, Copper, Manganese, Tin, Tantalite, Niobium, Zircon and Lithium. We work in Nigeria, Mauritania and Zambia.


Related People

Ayo SopitanFounder

Ayo Sopitan United States - Greater Houston

After more than 15 years operating at the intersection of finance, technology and strategy, I am now building Metalex Africa, a pan-African marketplace for African metal ores and concentrates. We are looking to ensure that African mining wealth stays in African hands.

At Metalex, we anonymously connect metal ore producers to ore traders, smelters and refiners. Our platform eliminates opacity by allowing for price discovery for each ore, ensuring that producers and buyers are as happy as possible.

We currently cover:

Manganese
Zinc
Lead
Gold
Tin
Colombo-Tantalite
Fluorite
Copper