Phoenix Commodities LLC is a trusted mineral commodities brokerage firm, registered and operating in Mongolia. Our mission is to connect Mongolia’s rich natural resources with global markets through integrity, expertise, and strategic partnerships.
With strong international ties and an in-depth understanding of the Mongolian market, we are a reliable partner for both local producers and global traders. Over the years, we have grown steadily by aligning our core trading activities with efficient in-house logistics solutions, delivering a seamless end-to-end experience for our clients.
IXM’s global team of 450+ people, spread across offices in the Americas, Europe, Africa, and Asia provide a full range of services to all our customers whether they are miners, fabricators, consumers or even other traders.
We focus our energy on our customers’ needs, making markets wherever required and helping them to manage the risk inherent in the commodities business, whilst providing world class contract execution, logistics and financing solutions to the metals industry.
MMT – Million Metric Tonnes BN USD – Billion US Dollars
Our close collaboration with IXM, a top-three global metals trading house, gives Phoenix Commodities LLC access to international markets, world-class expertise, and real-time market intelligence – strengthening our position as a trusted broker within Mongolia.
Combined with the logistical capabilities of our sister company, Phoenix Logistics LLC, which specializes in cross-border railway transport, we deliver end-to-end solutions that ensure speed, reliability, and cost efficiency across the mineral commodities supply chain.
As of 2025, IXM is the world’s third-largest metals trading company, trailing only Glencore and Trafigura in trading volume and global influence.
In 2024, IXM traded approximately 6.3 million tonnes of non-ferrous metals and concentrates, solidifying its position among the elite players of the global commodities market.
IXM is wholly owned by CMOC Group Limited, a Chinese mining giant and the world’s largest cobalt miner, as well as a major producer of copper. This strategic relationship enables Phoenix Commodities LLC to tap into IXM’s global network and deep market expertise, significantly enhancing our trading capabilities.
With an operational fleet of 100 railway wagons and several years of successful service, the company has developed strong partnerships with Mongolia’s leading state-owned mining enterprises.
Supported by a highly experienced team with deep knowledge of Mongolia’s railway infrastructure and cross-border logistics, we plan to further expand our fleet of wagons to meet increasing demand and improve operational capacity.
In close collaboration with IXM, we offer you
As a Licensed Commodity Broker, Phoenix Commodities LLC is pleased to offer our Clients the following Key services:
• Market Research and Intelligence • Due Diligence and KYC • Contract Structuring and Logistics Support • Technical Setup and Trading Platform Training
• Trade Execution and Brokerage • Price Discovery and Benchmarking • Quality Assurance and Assay Coordination • Documentation Support
• Trade Confirmation and Documentation • Settlement and Payment Monitoring • Logistics and Freight Management • Customs and Regulatory Compliance • Dispute Resolution Support
Established in 2023, the Mongolian Mineral Commodities Exchange operates under the Mineral Commodities Exchange Law (effective 14 December 2022)
Regulated by the Financial Regulatory Commission of Mongolia under a mandate from the Parliament of Mongolia
MMT – Million Metric Tonnes kMT – Thousand Metric Tonnes