Minexx is a digital platform that provides mineral traceability and trading by tracking minerals, KYC data, payments, and transactions, enabling credit and ESG scoring for small-scale miners. The platform addresses the lack of market access and financing for local mining communities, facilitating their integration into global supply chains while promoting transparency and reducing environmental impact.
Funding
Funding not disclosed
Founders
Product
Problem
Small-scale miners often lack access to global markets and financing, hindering their economic growth and integration into international supply chains. This lack of access is compounded by a lack of transparency in mineral sourcing, making it difficult to ensure responsible and ethical practices.
Solution
Minexx provides a digital platform designed to connect small-scale miners with global markets, capital, and expertise. The platform facilitates mineral traceability by tracking minerals, KYC (Know Your Customer) data, payments, and transactions, thereby promoting transparency and trust throughout the supply chain. By digitizing the trade process, Minexx enables credit and ESG (Environmental, Social, and Governance) scoring for small-scale miners, offering them long-term offtake solutions and fair pricing. The platform also supports the financing of industrialization and decarbonization efforts at mine sites, aiming to reduce environmental impact and promote sustainable mining practices.
Target Audience
The primary target audience includes small-scale miners seeking access to markets and financing, as well as end-users looking for transparent and ethically sourced minerals.
Features
- Digital platform for connecting miners to end-users.
- Mineral traceability through tracking of minerals, KYC data, payments, and transactions.
- Credit and ESG scoring for small-scale miners.
- Facilitation of long-term offtake solutions and fair pricing.
- Financing for industrialization and decarbonization of mines.