In an era defined by global transformation and the imperative shift towards sustainability, minerals have emerged as the unsung heroes driving our collective future. These indispensable resources form the backbone of critical industries, from renewable energy and electric mobility to aerospace and beyond. They hold the key to a greener, more sustainable world.
At Maxwer, we recognize the pivotal role minerals play in this transformative journey. Our commitment to supporting minerals suppliers and traders is underpinned by compelling numbers and statistics:
- As the world accelerates its transition to renewable energy sources and electric mobility, the demand for critical minerals such as lithium, cobalt, nickel, REEs has skyrocketed. Forecasts suggest that the demand for these minerals could increase up to 20 times over the next 15-20 years.
- The minerals market is experiencing exponential growth in trading volumes. In 2022, global trading volumes for critical minerals reached a new peak, reflecting the growing importance of these resources in our daily lives.
- Minerals suppliers and traders are at the heart of innovation in industries such as battery technology, clean energy, and electric mobility. By partnering with them, we foster innovation that accelerates the transition to a cleaner and more efficient future.
- The minerals industry is a significant contributor to global economic growth. By supporting minerals suppliers and traders, we bolster economic development, create job opportunities, and strengthen communities around the world.
Minerals are at the forefront of the sustainability revolution. They are the building blocks of advanced energy storage, enabling the transition to renewable energy sources and sustainable transportation. By supporting suppliers and traders, we contribute to the creation of a more environmentally responsible and sustainable world.
- Ilmenite
- Rutile
- Manganese concentrates
- Comprehensive KYC and compliance check.
- Your business is creditworthy.
- You have active end-buyers and customers (business track records for the last year can be requested).
- Your business is looking for $500k+ trade finance.
- You want to import or export stock / expand new markets.
- Your company is not included into any of sanctions lists of UN, EU, UK and/or OFAC.
- Financing products are not subject to UN, EU, UK and/or OFAC sanctions or listed on any official sanction list.
To determine product category and run a compliance check we are using The Harmonized System of classification (so-called HS codes) – a standardized numerical method of classifying traded products administrated by the World Customs Organization (WCO) and is updated every five years. It is accepted by the majority of nations around the world and used by customs authorities around the world to identify products when assessing duties and taxes and for gathering statistics.
Here are some HS code groups for minerals and concentrates:
Chapter 25 – Salt; sulphur; earths and stone; plastering materials, lime and cement
Chapter 26 – Ores, slag and ash
Full information for commodity name HS code can be found here.
