Metalex Commodities Inc.
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Metalex Commodities Inc. - overview
Established
2020
Location
Houston, TX, US
Primary Industry
Mining
About
Based in Texas, US, and founded in 2020 by its CEO, Ayo Sopitan, Metalex Commodities Inc. , operates as a trading company that offers a marketplace for metal ores and concentrates. In May 2023, Metalex Commodities Inc. raised USD 2 million in seed funding led by Endura Capital Management.
The company offers a digital platform used for buying commodities and minerals that include zinc, lead, tin, copper, fluorite, manganese, titanium, and lithium. The company also provides various services like quality control, warehousing, processing services, logistics, and financing solutions for mining, equipment, and production. The company generates revenue by selling commodities that vary, such as zinc (USD 2810), lead (USD 2467), tin (USD 26874), and copper (USD 8922). The company plans to use the May 2023 funding to extend its metal processing activities, expand its workforce, and improve its technological infrastructure.
Current Investors
LoftyInc Capital Management, Endura Capital Management
Primary Industry
Mining
Sub Industries
Metal Mining
Website
www.metalex.africa
Verticals
E-commerce
Company Stage
Angel & Seed
Total Amount Raised
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