11.8 C
Manchester
Friday, June 21, 2024
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].

Sam Allcock
Sam Allcock
With over 20 years of experience in the field SEO and digital marketing, Sam Allcock is a highly regarded entrepreneur. He is based in Cheshire but has an interest in all things going on in the North West and enjoys contributing local news to the site.
Latest

Ecuador v Venezuela: Betting preview, odds and offers

Ecuador take on Venezuela this coming Saturday in a Copa America match. Here is our in-depth preview, as well as some betting tips and special offers.

Peru v Chile: Betting preview, odds and offers

Peru take on Chile on Saturday in a Copa America match. Here is our in-depth preview, as well as some betting tips and special offers.

Belgium v Romania: Betting preview, odds and offers

Belgium take on Romania on Saturday in a European Championship match. Here is our in-depth preview, as well as some betting tips and special offers.

Turkey v Portugal: Betting preview, odds and offers

Turkey take on Portugal on Saturday in a European Championship match. Here is our in-depth preview, as well as some betting tips and special offers.
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

Slovenia v Denmark: Betting preview, odds and offers

Slovenia take on Denmark this coming Sunday in a European Championship match. Here is our in-depth preview, as well as some betting tips and special offers.

Netherlands v France: Betting preview, odds and offers

Netherlands take on France this coming Friday in a European Championship match. Here is our in-depth preview, as well as some betting tips and special offers.

More News