https://www.miningweekly.com

IXM co-head of refined metals Sethaputra is leaving trader

3rd June 2024

By: Bloomberg

  

Font size: - +

IXM’s co-head of refined-metals trading is leaving the company, the latest in a series of personnel changes at the trading house owned by Chinese miner CMOC.

Adhitya Sethaputra is departing the Geneva-based trader, leaving Tom Mackay as the sole head of refined metals, according to people familiar with the matter, who asked not to be identified because the matter isn’t public.

He had worked at IXM since 2012 when it was the metals-trading arm of agricultural giant Louis Dreyfus, taking on senior roles including head of aluminum and then co-head of refined metals.

IXM, which is the third-largest metals trader behind Trafigura Group and Glencore, announced earlier this year it would be pulling back from the aluminum market. The company has undergone a period of upheaval under CEO Kenny Ives, a former Glencore executive who took the helm in 2022 and has embarked on a hiring spree while cutting other jobs and reshuffling teams internally.

A spokesperson for IXM didn’t immediately respond to a request for comment.

Edited by Bloomberg

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 
Trotech
Trotech

Design, Construction and Maintenance of Site Erected, Welded Bulk Storage Tanks for the Petrochemical, LNG, Ammonia and Sustainable fuel Sectors.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.047 0.075s - 128pq - 2rq
Subscribe Now