Minespider, a blockchain protocol for responsible mineral tracking, and LuNa Smelter, a responsible tin producer in Kigali, Rwanda, have partnered up to implement Minespider’s OreSource tool. Developed under a grant that was awarded to Minespider by EIT Raw Materials in early 2020, the blockchain-based due diligence tool helps mines and smelters capture key information that European Union (EU) importers require to comply with the new EU Conflict Mineral Regulation.
The new rule law goes into effect Jan. 1, 2021, and aims to stem the trade in four minerals—tin, tantalum, tungsten, and gold—which sometimes finance armed conflict or are mined using forced labor.
