The original company Lambert Metals formed in 1970 as a subsidiary of a large UK metals processing group; initially traded secondary Aluminium, non-ferrous scraps and residues and Minor Metals. As Lambert Metals developed it became an autonomous profit centre and in the early 1980’s senior management took it into private ownership. After a take-over the company concentrated its activities on Minor Metals and Ferro-Alloys and during the 1980’s and 90’s it became known as one of the world’s leading traders of Minor Metals particularly Cobalt, Ferro-Alloys and Molybdenum. In recent years however, the company has reduced its activities to now concentrate solely on its Minor Metals activities for which it is rightly renowned worldwide. Today Lambert Metals remains a private independent company headquartered in London, UK and continues to be owned by the management.