Trader

IXM

CMOC trading subsidiary reported in 2022 to market all TFM copper and cobalt products.

Sources support the description and the individual connections below. Publication and checking dates refer to the evidence, not a guarantee of current operations.

Documented relationships

Reported means the cited source describes the relationship at its evidence date. Historical relationships refer to an earlier period. Announced agreements may not have been implemented. None of these labels confirms that trade continues today.

  • CMOC GroupIXM
    Reported · Evidence as of 2025

    Owns

    CMOC described IXM as wholly owned in 2022; IXM’s 2025 presentation also identifies it as part of the group.

    2 sources
    1. Delegation of IXM and international banks visit TFM ↗

      CMOC · Published 2022-05-25 · Checked 2026-09-16

      IXM is a leading global metal trader wholly owned by CMOC and is responsible for selling all of TFM's copper and cobalt products.

      Main article paragraph 1; paragraph 4 discusses warehouse traceability and product arrival at IXM.

    2. IXM Corporate Presentation 2025 ↗

      IXM · Published 2025 · Checked 2026-09-16

      IXM is part of the CMOC group

      Printed page 6 (PDF page 4), Introduction; pp. 10, 14–18 and 26 describe cobalt trading, geographic footprint, initiatives and logistics.

  • Tenke Fungurume (TFM)IXM
    Reported · Evidence as of 2022-05-25

    Reported supply

    CMOC reported that IXM sold all TFM copper and cobalt products and described product traceability on arrival at IXM. This is a 2022 marketing and custody relationship.

    1 source
    1. Delegation of IXM and international banks visit TFM ↗

      CMOC · Published 2022-05-25 · Checked 2026-09-16

      IXM is a leading global metal trader wholly owned by CMOC and is responsible for selling all of TFM's copper and cobalt products.

      Main article paragraph 1; paragraph 4 discusses warehouse traceability and product arrival at IXM.