Building the trade layer for small scale mining.

MINEX is a B2B marketplace that gives mineral producers of every size the visibility, credibility and reach to sell to international buyers.

The potential

A large, underserved side of the mineral supply chain.

Most digital tools in mining are built for the largest companies. MINEX is built for the producers and buyers they leave out.

40M+

People in small scale mining

More than 40 million people work in artisanal and small scale mining worldwide, a large part of the mineral supply chain that formal markets rarely reach.

Source: World Bank report, 2019
Peru

Our first focus market

Peru is among the world's leading producers of copper, silver and zinc, with a large base of small and mid size operations moving toward formalisation.

Source: Andina, citing USGS
Traceability

Rising due diligence expectations

Refiners, manufacturers and traders are increasingly expected to know where their minerals come from, which favours producers who can document their origin.

Reference: OECD due diligence guidance
Why it can scale

A marketplace with a clear model.

See pricing
Network

Two sides that pull each other in

Every verified producer makes the marketplace more useful to buyers, and every buyer request gives producers a reason to join.

Revenue

Subscriptions on both sides

Producers pay USD 49 and buyers USD 149 per month, 10% less yearly. Recurring revenue, with no commission and no exposure to the value of deals.

Trust layer

Verification and traceability

Document review, verification badges and batch traceability turn credibility into something both sides value.

Expansion path

  1. PeruSmall and mid size producers, cooperatives and associations
  2. Andean regionNeighbouring producing countries with similar challenges
  3. Other producing regionsAfrica, Asia and beyond, as the verification network grows
  4. Added servicesDeeper traceability, data insights and partner integrations

Plans and timing are indicative and may change.

Team

Led by a team of six.

The leadership team brings together mining professionals and consultants in mining operations, operational excellence and SAP, with experience at companies such as Newmont and G Mining, among others.

Marcelo Zelasco, Managing Director of MINEX Technology

Leadership

Marcelo Zelasco

Managing Director

Mining technology, digital transformation and supply chain traceability across South America and Europe.

What the team covers

  • Mining operationsProfessionals from the mining industry who know how producers work on the ground.
  • Operational excellenceConsultants who improve processes, reporting and performance in mining companies.
  • SAP and digitalSpecialists in enterprise systems, data and digital transformation.
  • TraceabilityExperience with mineral traceability initiatives in South America.

Experience includes companies such as Newmont and G Mining, among others.

Marcelo Zelasco

Managing Director, MINEX Technology

Marcelo was born and raised in Lima, studied in Massachusetts and is now based between Geneva and Barcelona. His work sits where mining, technology and supply chains meet: mining technology, digital transformation and supply chain traceability.

He has led technology and SAP initiatives for mining and corporate groups including Minsur, Marcobre, Glencore, Loomis, Minera Las Bambas and ICL Iberia, among others, and SAP projects involving companies such as L'Oréal, Julius Bär and BNP Paribas, among others. He has also worked with Minespider on traceability initiatives in South America.

Across those projects he kept seeing the same gap. Smaller producers have the minerals but not the documents, traceability or reach to be trusted by international buyers, while buyers struggle to find reliable smaller suppliers. MINEX is built to close that gap.

Status

Where MINEX stands today.

Available now

Product demonstrations

Marketplace, requests and offers, lot builder, verification flow, both portals and video tutorials, running in demo mode with illustrative data.

In development

Production services

Live accounts, verification operations, billing and messaging on a production backend, starting with early participants in Peru.

Talk to us.

For investor information write to investor@minex.technology. Follow the company on LinkedIn. This page is for information only and is not an offer of securities or a solicitation to invest.