• About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Non Banking Mergers & Acquisitions

Mubadala Investment Co. acquires Open Mineral, a Swiss online metal trading portal with USD 33 million investment

Open Mineral was put up for sale betwixt an increase in copper prices

Sakshi K S by Sakshi K S
September 16, 2021
in Mergers & Acquisitions, Funds, The Global Economics, Top Stories
Reading Time: 1 min read
0
Mubadala Investment Co. acquires Open Mineral, a Swiss online metal trading portal with USD 33 million investment

Mubadala Investment Co. acquires Open Mineral, a Swiss online metal trading portal with USD 33 million investment

912
SHARES
5.1k
VIEWS
FacebookTwitterRedditWhatsAppLinkedInFacebook

The Abu Dhabi-supported Mubadala Investment Company is purchasing Open Mineral, a Swiss metals-trading online portal that was established by two former Glencore Plc traders.

Mubadala Investment Company buys Open Mineral trading platform

Switzerland-based Open Mineral AG, Zug, stated that the Mubadala Investment Co. is the top investor of the funding round, dedicating a whopping USD 33 million investment.

The invested funds will be utilized to enhance Open Mineral’s digital trading platform which provides metals and raw materials for traders and producers to be purchased online.

Open Mineral’s Chief Executive Officer & Co-Founder, Boris Eykher, stated that the company encompasses 45% of the world’s metal buyers and sellers on its trading portal.

Consumers include Russia’s Ural Mining and Metallurgical Company and China’s Zijin Mining Group.

The most recent funding round attracted investors like Lingfeng Capital and Statkraft, apart from the Mubadala Investment Company.

Open Mineral has resisted disclosing the number of overall individual investments.

Open Mineral’s portal is backed by other organizations like Technology Ventures and Xploration Capital.

Winston Ma is the Chairman of Open Mineral’s advisory board. He is the former head of the North American office of China Investment Corporation. Ma is also an ex-board member at Noble Group Limited.

The Mubadala Investment Company has been an eager investor in the mining and metal space since time immemorial.

Mubadala also co-owns the Spanish Matsa copper mining operation, along with the trading mogul Trafigura Group.

According to a Bloomberg report, Open Mineral was put up for sale betwixt an increase in copper prices.

Via: Short URL
Tags: acquisitionfundsMubadala Investment Companyonline metal trading platformOpen MineralSwiss trading platform
Sakshi K S

Sakshi K S

Sakshi is a professional content writer engaging readers with gripping business news stories.

Related Posts

Indonesia Tightens Monitoring of "High Risks, High Return" China-Funded Projects
Economy

Indonesia Tightens Monitoring of “High Risks, High Return” China-Funded Projects

by The Global Economics
July 16, 2025
EU-US Talks to Lower US Import Tariffs to Protect the Auto Industry
Transportation

EU-US Talks to Lower US Import Tariffs to Protect the Auto Industry

by The Global Economics
July 10, 2025
Saudi Arabia's PIF Reaches $1 Trillion, Making a Global Milestone
Funds

Saudi Arabia’s PIF Reaches $1 Trillion, Making a Global Milestone

by The Global Economics
July 7, 2025
Colombia Re-votes and Approves Pension Reforms Despite Opposition
Economy

Colombia Re-votes and Approves Pension Reforms Despite Opposition

by The Global Economics
June 30, 2025
Oman’s Sovereign Wealth Fund Records $4.1 Billion Profit: Global SWF
Funds

Oman’s Sovereign Wealth Fund Records $4.1 Billion Profit: Global SWF 

by The Global Economics
June 25, 2025
Twitter Youtube LinkedIn Soundcloud
the global economics logo

The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

Samsung Strikes Back as it Regains its Top Position in the South Korean Stock Market

Samsung Strikes Back as it Regains its Top Position in the South Korean Stock Market

July 25, 2025
Fibra Next Makes its Largest Mexican Debut in 7 Years With $431 million IPO

Fibra Next Makes its Largest Mexican Debut in 7 Years With $431 million IPO

July 24, 2025
Investor Appetite Grows for Asian Bonds as Dollar Weakens, Trade Uncertainty

Investor Appetite Grows for Asian Bonds as Dollar Weakens, Trade Uncertainty

July 23, 2025
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version