New regulation driving responsible sourcing
Grassroots as well as top-down action is needed to secure the mineral chain and the race to net zero The price of cobalt is on the rise, driven by the increasing demand from electric vehicle makers and the consumers who want to drive them. Much of this rare mineral comes from the Democratic Republic of […]
Emmanuel Beau: Taking on a new impact challenge at Minexx to secure mineral supply chains
In a decade spent in the access to energy industry, we have seen it grow from a mere dream to a billiondollar market. I would like to thank all the entrepreneurs and their teams, my colleagues and ourinvestors, for their outstanding support and our collective learnings and achievements. Who dares, wins: Probabilities of success were […]
Minexx appoints Chief Investment Officer to accelerate mission to secure mineral supply chains
Minexx is today announcing the appointment of Emmanuel Beau as Chief Investment Officer as the company accelerates its ability to secure supply chains for minerals, from the moment they are unearthed to the point at which they are used in electronic products. Mr Beau joins Minexx after successfully launching the Energy Access Ventures Fund, a […]
An introduction to artisanal gold mining – Sprint 2 learnings with FCDO
The scale of informal, artisanal mining is massive — across communities, across countries, and across the minerals themselves. We call it the world’s most unsophisticated $100bn market and we are setting about redesigning it. Through the Frontier Technologies Programme, Minexx has been testing various aspects of our approach, namely to secure the supply chain from […]
Minexx achieves world first by exporting minerals with certified blockchain payments
In a world first, Minexx has exported minerals from the Democratic Republic of Congo with full financial traceability, transparency and trust, by processing US$250 000 of digital, blockchain certified payments. This is a milestone for the company and the DRC mining sector as it secures the supply chain from the moment a mineral is mined […]
Response to Economist Article: Technology is the missing piece
The article, “Smuggler Paradise: Why it’s hard for Congo’s coltan miners to abide by the law” was included January 23rd issue of The Economist. The article rightly pointed to the challenges in reconciling our appetite for technology and the supply chains that lead to places like the Democratic Republic of Congo where minerals are mined. […]
An opaque, outdated and fragmented supply chain – Sprint 1 Learnings with FCDO
Minerals are fundamental for today’s modern society. They are in all electronics, from smartphones to electric cars. That is the demand. The reality of the supply is that many of the minerals come from artisanal mining in sub-Saharan Africa. Our strategic partnership with the FCDO and, in particular, the Frontier Technologies Livestreaming Programme (FTL) is […]
Bringing small scale mining into the 21st century with the backing of FCDO
Our mission is to secure the mineral value chain from earth to tech, from the moment a mineral comes out of the ground through the efforts of artisanal miners to the point where it is a component in your smartphone. We at Minexx use blockchain technology and digital payments to bring traceability, transparency and trust […]
How Blockchain can improve Artisanal Mining
The Current Value Chain is fundamentally flawed In the current system, mineral supply chains are complex and opaque. Their unnecessarily long and complex nature, due to many middlemen, often leaves end consumers confused and unclear as to where their minerals have originated from. The lack of traceability in the current value chains is preventing the […]
The Role of Government in Artisanal Mining
Why do Governments want to Reform? Governments in mineral-producing nations are committed to reforming the ASM sector due to how fundamental they are to their nation’s economy. In DRC, the mining industry provided over $1.5bn in public revenue, tenfold what oil & gas provided. However, this is a fraction of the industry’s true potential. To […]
