A leading African-owned commodity trader of non-ferrous metals, Zéro Ferro and House of Commodity (HOC), is aiming to disrupt the global market as it begins the export of metals to China.
Already, the organisation has exported copper concentrates to China, with an estimated yearly export value of $504 million.
With a presence in Nigeria, Zambia and the Democratic Republic of Congo, the Chief Executive Officer of the company, Olajide Abiola, said the company has successfully navigated the complexities of global commodity trading, establishing HOC and Zéro Ferro as a formidable player in the market.
In a statement, he noted that the organisation is sourcing high-quality non-ferrous metals from African mines and exporting them to global markets with a focus on copper.
Working with bonded warehouses like Zamfast/Costco Shipping to drive the logistics in a safe and timely manner, Abiola said the organisation is leveraging existing resources across African countries.
The company’s metals exports are destined for China, the world’s largest consumer of copper. With a projected annual export volume of 180,000 metric tonnes, Zéro Ferro is poised to become a significant player in the global copper market.
Based on current London Metal Exchange (LME) prices, the company’s annual export value is estimated to be more than $500 million.
Zéro Ferro and HOC’s success is built on a foundation of expertise, experience and strategic partnerships. The company’s CEO has established a network of contacts and partners throughout the African commodities industry, enabling Zero Ferro to source high-quality metals at competitive prices.
In addition to its copper exports, Zéro Ferro is also exploring opportunities in other non-ferrous metals, including zinc, lead, nickel, tin, columbite, tantalite and tungsten ore.
With a strong focus on sustainability and social responsibility, the company is committed to ensuring that its operations have a positive impact on local communities and the environment.
Both companies continue to expand their operations and establish themselves as major players in the global commodities market. Their success is a testament to the growing importance of African-owned businesses in the global economy.