FIVE MINUTES WITH ...
PETUR GEORGESSON
CEO of Technology Metals Markets ( TM2 ), Petur Georgesson , on the company ’ s recent accomplishments , its role in global supply chains , and what lies ahead
Q . TELL US ABOUT YOURSELF AND WHAT YOU DO
» Several years ago , I worked for a bank dealing with metal clients . That ’ s when I realised the supply chain was broken . I could tell that everyone wanted transparency . After leaving the bank in 2017 , my team and I started establishing a global metals exchange with the aim of democratising the world ’ s markets , creating price benchmarks , and building supply chains .
The Technology Metals Market ( TM2 ) connects institutional investors , physical markets , and proprietary traders with metals issuers – miners , refiners , recyclers , and mints – to exchange technology metals . We are the world ’ s first company that offers direct investment opportunities in the metals that power technology .
In 2021 , we partnered with NASDAQ after about 20 months , making thousands of phone calls to understand each vertical ’ s supply chain and supply chain operation . We realised there was much more demand than supply . In order to build a liquidity-rich exchange , we had to pivot into the upstream , into the mining side of our business and build partnerships there . We are currently active in over a dozen metal verticals . Our team is developing the supply chain pathways for critical battery metals .
14 July 2023