|Based in||New Jersey|
|Targeted||base metals, precious metals|
Auramet LLC, based in New Jersey, is a physical metals merchant which both buys and sells physical metal from mining companies, refineries and recycling companies, and sells it to industries. It also provides hedging for all these partners, and merchant banking "activities" - including project finance loans and process refining facilities and pre-export financings. In 2007-08, Auramet made two bridging loans, worth a combined US$6,500,000, to Exellon Resources for its silver, lead and zinc mining operations in Mexico.