Glencore’s Former Top Copper Trader Joins Digital Metal Startup

  • Paraskevas joins Open Mineral as adviser, invests in platform
  • Trading platform also hires Concord’s head of concentrates
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Glencore Plc’s former head of copper marketing, Nico Paraskevas, joined Open Mineral as a senior adviser after investing in the digital metals trading startup.

Paraskevas, who left Glencore during a leadership reshuffle early last year, is joining the company alongside Kareem Barbir, formerly head of metals concentrates trading at Concord Resources, an Open Mineral spokeswoman said in a statement. She confirmed that Paraskevas -- who had been one of the leading candidates to run Glencore before Gary Nagle took over -- participated in Open Mineral’s latest funding round, without quantifying the stake size.