IXM S.A. is a base metal commodity trading company with headquarters in Geneva, Switzerland. It is regarded as the third biggest metals trading company aside from Glencore and Trafigura.[4][5] The current company was rebranded from "LDC Metals" to "IXM" after the transaction from LDC Group to the Chinese fund NCCL Natural Resources Investment Fund was completed in May 2018.[6][7] It is a global merchant in base and precious metals, and is among the top copper, zinc and lead concentrates merchandizers, and a leader in refined copper, zinc, aluminium and nickel markets.