Partnerships
Our standards are worth most when they travel. A mine that can prove where its material comes from, how its people are treated and what it pays to the state is worth more to its owners, its neighbours and its buyers than one that cannot. The Supply Chain Transformation Program (SCTP) is how we bring other mining companies inside a supply chain that can prove what it claims.
The Supply Chain Transformation Program
Through SCTP we partner with third-party mining companies and embed our own standards in their operations. Partners do not buy into a scheme or subscribe to a platform. They adopt the same systems, the same due diligence and the same care for people that we apply at our own sites, and their material then travels with the same evidence as ours.
Who it is for
- Licensed mining companies, small and medium-scale, seeking to transition to industrial scale and wanting a route to buyers and investors who demand evidence-based upstream ethics and stewardship.
- Holders of deposits they do not plan to develop themselves, who want an operator that will run them to a verifiable standard.
- Governments working to industrialise artisanal and small-scale mining, and to bring that value-addition into a supply chain the world's manufacturers can buy from.
The pillars of SCTP
SCTP works across six pillars. Each partner's operation is first studied in all six, a plan is then agreed with its leadership, and the plan is put into practice with our support. The aim is not to run the mine for them, but to give its leadership the skills to run it to this standard themselves.
What partners gain
- A bankable buyer. Our refinery has capacity set aside for traced third-party feed, giving partners a steady outlet for their material instead of the spot-market trading that small critical-minerals mines have traditionally relied on. A mine with a reliable, creditworthy buyer can open routes to growth capital that would otherwise be out of reach.
- The systems. Proven practices, established workflows and good governance can be put in place quickly, instead of developing slowly over years. They add to the value of the mine for its owners and free up the capacity to pursue mechanisation and value addition sooner.
- Our expertise. Knowledge transfer through site visits, regular meetings and shared, documented processes, with technical support such as process test work, laboratory analysis and IT, and a dedicated coordinator for each partner.
- Access to investment capital. A partner that meets the programme's objectives has what a lender looks for, and the leadership skills to deliver an industrial expansion. Where it makes sense, Power Elements may also provide a cornerstone investment, reducing the specialist risk that keeps other investors away and signalling to third-party funds a sound opportunity with a bankable partner.
How it works
- Register. The partner registers through the Gateway, completes our know-your-counterpart checks and receives a screening visit.
- Study. We assess the existing operation and build a baseline for each of the six pillars.
- Plan. Together with the partner's leadership, we turn that baseline into a business and transformation plan.
- Implement. The partner puts the plan into practice with our support, every lot is recorded in Original Evidence, and progress is reassessed periodically.