The conflict minerals solution
Minespider was created to address a particular challenge in the mineral supply chain – conflict minerals. Metals purchased from conflict zones fund armed groups and often result in human rights abuses such as slavery and child labor. Performing due diligence on the mineral supply chain is exceptionally difficult because conflict metals are not uniquely identifiable and can be mixed with material from clean sources.
In 2014, in the U.S. alone, over 700 million dollars was spent on responsible sourcing of conflict minerals. Further, the EU has introduced legislation requiring corporate due diligence on conflict minerals. This creates an enormous market opportunity for a more efficient solution, as firms’ need for an easily deployable and reliable supply chain solutions will only continue to grow.
|Legal Entity||NW Hinwise Solutions UG (haftungsbeschränkt)|