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Posted By OrePulse
Published: 12 May, 2025 11:57

Minespider and TETHYS unite to digitalize mining supply chains in Türkiye and Central Asia

By: African mining market

Minespider, a leading traceability and Digital Product Passport (DPP) platform, and TETHYS Teknoloji, İnovasyon, Danışmanlık ve Ticaret A.Ş., a platform and subsidiary of TETHYS Gateway Investment GP established in Luxembourg specializing in critical raw materials headquartered in Istanbul, have signed a Memorandum of Understanding (MoU) to collaborate on next-generation digital traceability solutions. Their partnership will focus on advancing Battery Passport solutions, Digital Product Passports (DPP), Critical Raw Materials traceability, and Environmental, Social, and Governance (ESG) data systems across mines in Türkiye and Central Asia. The partnership will help mining projects to strengthen their positions in international markets, comply with regulations and export their minerals to European markets and beyond.

TETHYS is actively engaged with over a dozen mining projects in Türkiye, Central Asia and the Caucasus region, across various stages of the mining lifecycle, from exploration to project development and investment structuring. These include both junior and mid-tier operators spanning critical raw materials such as copper, rare earth elements (REE), polymetallic mines, and high-grade industrial minerals. Minespider will enrich this experience with its vast expertise in mineral supply chain traceability and Digital Product Passports (DPPs). Through this collaboration, the two companies will create end-to-end digital systems that embed transparent, verifiable data into raw materials supply chains. Their joint efforts are designed to prevent artisanal mining abuses, illegal mining activities, mineral trades, child labor, and human rights violations, strengthening the integrity and compliance of mining and industrial operations in the region.

Under the agreement, the companies will jointly evaluate technology integration opportunities, develop proof-of-concept projects, and coordinate customer engagement strategies for industries facing stringent new regulations and market demands. This includes delivering advanced Battery Passport applications (web, mobile, backend solutions) and providing digital systems that enable traceability, regulatory compliance, and ESG data collection throughout mining and production processes.

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