BusinessALFRED H KNIGHT SUPPORTING EU-FUNDED MADITRACE PROJECT

ALFRED H KNIGHT SUPPORTING EU-FUNDED MADITRACE PROJECT

As demand for critical raw materials such as lithium and cobalt increases, Alfred H Knight is pleased to announce that it is participating in the European Union ‘MaDiTraCe’ (Material and Digital Traceability for the Certification of Critical Raw Materials) project to determine the source of mineral commodities.

Having commenced in January 2023, the three-year project, coordinated by BRGM (French Geological Survey), aims to reinforce the transparency, traceability and sustainability of complex supply chains of critical raw materials (CRM) including cobalt, lithium, natural graphite and rare earth elements.

The project is bringing together 14 partners from 7 countries to develop and integrate technological solutions for traceability and certification into a Digital Product Passport. These solutions will enable key industry players to prove the reliability of their sustainability claims, comply with current regulations and anticipate future policies.

Engaged through its entity in Holland, Alfred H Knight is contributing to the development of artificial fingerprinting technologies which are to be used as part of ‘material passports’ for key commodities in two complex supply chains, namely rechargeable lithium-ion batteries and magnets.

Aldwin Vogel, Regional General Manager – Northern Europe explains:

“At Alfred H Knight, we proudly work together in support of the EU-funded MaDiTraCe project, paving the way for a transparent and sustainable future. By assisting in the development of these revolutionary artificial fingerprinting solutions, we help to provide trust and verification of ESG sustainability claims through traceable responsible sourcing of critical raw materials.”

AHK is also leading a review of existing methods for the potential use of artificial taggant particles, with input from the Geological Survey of Finland (GTK). Analysis of the requirements for the mining, metals and minerals industries is underway to ensure any solutions are fit-for-purpose and commercially relevant.

Dr Laurance Donnelly, Chief Geologist, Head of Technical Department adds:

“Minerals are likely to continue to become fundamentally important to civilisation and industry over the next few decades. This may be driven in part by the so-called ‘battery revolution’ and the electrification of vehicles, combined with the reduction in the burning of conventional fossil fuels. Determining the provenance and traceability of minerals will help ensure that critical raw materials are responsibly sourced from legitimate operations, which do not support illegal mining.

With over 140 years worth of knowledge and experience in metals and minerals, Alfred H Knight (AHK) helps clients to build a comprehensive understanding of their commodities. They have worked with numerous organisations to help make informed improvements to the sector and are well-placed to provide key research, analysis and consultancy to support projects like MaDiTraCe.

Businesses interested in AHK’s services can find more information at www.ahkgroup.com. Those interested in AHK’s involvement in the MaDiTraCe project can get in touch via [email protected].

News Desk
News Deskhttps://www.businessmanchester.co.uk/
The Business Manchester News Desk team is a collective of experienced journalists and editors dedicated to delivering comprehensive business news and insights from the Manchester area and beyond. With a strong background in finance, technology, property, and innovation, our team ensures that our readers stay well-informed about the latest trends and developments in the business world. Through in-depth reports and insightful analysis, the Business Manchester News Desk team is committed to providing high-quality journalism to its audience.
Latest

UK Accountancy Firm Caroola Introduces 7pm Closing Time to Meet Changing Client Needs

Four-day working structure enables ‘Excellent’-rated provider to deliver greater access without increasing costs Caroola Accountancy has become the first firm in the UK to extend...

Footwear Specialist Highlights Fall Risks for the Over-60s

DB Wider Fit Shoes, a retailer dedicated to wider-fitting shoes is calling on people in their 60s and beyond to think more carefully about...

Business Coaching Firm Urges Stronger Support for North West Entrepreneurs

Big Business Entrepreneurs (BBE) has called for enhanced support measures to help business owners across the North West accelerate their growth and competitiveness. As one...

Eight Engines Shortlisted for Top Production Company Award Following Strategic Shift

Manchester creative agency Eight Engines has been named among the finalists for Production Company of the Year at the Prolific North Champions Awards, highlighting...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

VOXY Media House and DAZN Connect Two Continents for Chisora vs Wilder Build-Up

In the lead-up to the heavyweight showdown between Derek Chisora and Deontay Wilder, DAZN has teamed up with VOXY Media House to produce a...

Eight Engines Shortlisted for Top Production Company Award Following Strategic Shift

Manchester creative agency Eight Engines has been named among the finalists for Production Company of the Year at the Prolific North Champions Awards, highlighting...

UK Accountancy Firm Caroola Introduces 7pm Closing Time to Meet Changing Client Needs

Four-day working structure enables ‘Excellent’-rated provider to deliver greater access without increasing costs Caroola Accountancy has become the first firm in the UK to extend...

Business Coaching Firm Urges Stronger Support for North West Entrepreneurs

Big Business Entrepreneurs (BBE) has called for enhanced support measures to help business owners across the North West accelerate their growth and competitiveness. As one...

More News

UK Accountancy Firm Caroola Introduces 7pm Closing Time to Meet Changing Client Needs

Four-day working structure enables ‘Excellent’-rated provider to deliver greater access without increasing costs Caroola Accountancy has become the first firm in the UK to extend...

Business Coaching Firm Urges Stronger Support for North West Entrepreneurs

Big Business Entrepreneurs (BBE) has called for enhanced support measures to help business owners across the North West accelerate their growth and competitiveness. As one...

Eight Engines Shortlisted for Top Production Company Award Following Strategic Shift

Manchester creative agency Eight Engines has been named among the finalists for Production Company of the Year at the Prolific North Champions Awards, highlighting...