BRICS Solution Awards

Sirius Minerals Holdings Pty Ltd

Problem and implemented solution

The artisanal and small-scale mining (ASM) sector in South Africa faces many systemic challenges, including poor infrastructure for mineral testing, weak traceability mechanisms, and limited access to reliable market information. High entry barriers, inefficient supply chains, and unregulated trade further result in untraceable, often illicitly sourced minerals. This lack of regulation worsens the exploitation of ASM miners, who are denied fair pricing and international market access, and also leads to significant economic losses for governments due to uncollected taxes. Illicit trade undermines legitimate markets, while the absence of formal structures prevents ASM miners from equitably participating in the value chain. Given that over 75% of the mining workforce is ASM, there is an urgent need to formalize and support these groups. A just transition would drive sustainable economic development by integrating ASM miners into regulated trade channels, providing fair remuneration, and opening access to international markets. This would also secure the livelihoods of local communities reliant on mining and improve tax revenue by curbing illicit activities. Solution: SIRIUS, a Mineral Trading Platform, addresses these issues by closing infrastructure gaps, promoting market access, and ensuring traceability. It creates an equitable ecosystem that supports ASM miners while advancing economic justice and sustainability. The platform provides ASM miners access to a reliable, transparent market for their minerals. Key features include AI-driven mineral testing, instant market offers for verified minerals, blockchain-based traceability, market information, direct buyer connections, and mineral certification for regulatory compliance and international trade. SIRIUS also integrates tax compliance, enabling secure transactions and supporting government oversight to foster sustainable trade.

South Africa (SA)
Nomination

Artificial Intelligence And Digital Services

Topic

Artificial intelligence

Estimated duration of implementation

1. Phase 1: Planning and Development (0- 3 months) 2. Phase 2: Testing and Pilot (3 - 12 months) 3. Phase 3: Full-Scale Rollout (12-18 months) 4. Phase 4: Optimization and Monitoring (18-24 months) See google drive SIRIUS PROPOSAL page 16-17 https://drive.google.com/drive/folders/1-JHHmGbkq-PUaVprrP9HLmhH2_3zIMb5

Implementation geography

1. South Africa and Zambia - Minerals of Interest: - South Africa: Platinum Group Metals (PGMs), gold, chrome, coal, and manganese. - Zambia: Copper, manganese, lithium & cobalt 2. SADC Region (Southern African Development Community) 3. BRICS - sustainable mining technologies and increased trade opportunities for valuable minerals.

Description of competitive advantages

• AI-Powered Mineral Testing: The platform integrates AI for fast and accurate mineral testing, which helps miners avoid the cost and time associated with traditional testing methods. • Blockchain-Based Traceability: Provides complete transparency and traceability of minerals from the mine to the market, which is a key differentiator in a market often plagued by illicit and untraceable minerals. • Supplier Onboarding and Direct Market Offers: The platform reduces dependency on intermediaries by offering direct access to buyers, which results in fairer prices and quicker sales. • Decentralized Access to Testing and Certification: Miners no longer need to travel long distances to centralized testing facilities; the platform facilitates access to local testing and certification. • End-to-End Supply Chain Integration: The platform creates a more efficient supply chain by connecting all relevant parties – from miners and testers to buyers and regulators – within a single digital ecosystem. • Market Information and Industry Updates: Users are kept informed of the latest developments in the mineral market, including pricing trends, supply chain dynamics, and regulatory changes. • Audio Output & Downloadable AI Results: Enhances the user experience by offering accessible features like downloadable AI-generated mineral reports and audio feedback.

List of awards and prizes, media articles about the organization/individual or the Practice

COP27 Participation COP28 Participation GAYO keynote speakers for Climate Action and Climate Justice In Mining Panelist for Presidential Climate Commission Discussion on Economic Diversification of Regions Moving Away From Coal Mining Indaba 2024 - Young Leaders Programme participants https://drive.google.com/drive/folders/1-MCqMsOuBEjlRUP7ZDtSQxFzt_bUWALq

List of scientific works and IP connected with the Practice

The intellectual property (IP) filing process is currently underway, and all necessary steps are being taken to ensure the protection and formal registration of the relevant proprietary technologies and innovations.

Contacts

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