The Challenge
DRC Mining Cooperative sells cobalt and coltan at 40% discount due to conflict mineral concerns, lack of traceability, and opaque supply chains.
The Solution
Asian Battery Manufacturer gains access to ethically-sourced, conflict-free cobalt with full blockchain traceability and ESG certification.
With The Corridor
$30M
Locked in Escrow
~$22M
Via Local Bank
18 Days
End-to-End Delivery
Journey Timeline
Day 1
Purchase Order
Asian battery manufacturer places order, funds locked in escrow
Day 2-3
Financing & Mining
Producer obtains working capital, ethical mining continues
Day 7-10
Assay & KYC/AML
SGS verifies cobalt purity, KYC/AML screening completed
Day 14-18
Delivery to Asia
Insured shipment arrives in Singapore, custody transferred
Minerals Market Context
70%+
DRC Global Share
$30-40K
Cobalt/tonne Price
40%
Producer Discount
Li-ion
Primary Use Case
Conflict-Free Verification
- KYC/AML screening for all participants
- Blockchain traceability from mine to manufacturer
- Child labor free certification
- ESG compliance documentation on-chain