Industrial International – Multi-Mineral Supply Agreement (Gold & Copper)
In 2023, CM MINING signed a three-year, $2.1 billion off-take agreement with Industrial International, a U.S.-based industrial metals conglomerate serving aerospace and electronics manufacturers. The deal covers 96,000 kilograms of gold and 210,000 metric tons of copper concentrate sourced annually from Ghana, South Africa, and South Sudan making it one of the largest diversified mineral supply contracts from Africa to North America in recent years
Challenge
Industrial International required all material to comply with U.S. Dodd-Frank Section 1502, EU Conflict Minerals Regulation, and LBMA Responsible Gold Guidance simultaneously. Additionally, copper shipments needed consistent arsenic levels (<0.4%) for aerospace alloy production, while gold batches required full chain-of-custody from extraction to export a complex ask across three jurisdictions with differing regulatory frameworks.
Solution
CM MINING deployed integrated field teams in Obuasi (Ghana), Rustenburg (South Africa), and Juba (South Sudan) to standardize data collection using a unified digital ledger. Every batch was assayed by SGS or Intertek, with origin verified via GPS-tagged collection logs and miner license cross-checks. A dedicated UK-based compliance cell managed real-time alignment across U.S., EU, and UAE documentation requirements, submitting pre-validated dossiers 14 days ahead of each shipment.
Outcome:
