Worth noting that this sort of announcement feeds in to other...

Worth noting that this sort of announcement feeds in to other developments in the green industry space, crypto and a new exchange opening soon in Singapore for LNG and then EV minerals.

Robert Friedland is one of the investors in Abaxx (ABXX on Neo exchange in Toronto and OTC in USA).

Google smarter markets and Podcasts.. but in essence this is about blockchain and identifying mineral sources and their origin and that values the minerals differently.

For Friedland it plays into his very green DRC Ivanhoe copper mine.. and the premium that copper may have in the market...as compared to less green Chillian copper production. Easy to see why he is backing this.

You can imagine how AVZ will like this aspect of their marketing..

This is from the Friedland podcast (HC blocks the actual link but you can google). Look at the transcript as a bit of waffle at the start


Erik Townsend: [00:46:00]
Robert, I want to go back to what you said earlier about grading commodities. In the ESG
investing world, they already talk about grading companies with an ESG score that measures
the responsibility of the company itself. But we don’t have transparency to the supply chains
those companies rely upon, so we don’t know how responsibly the most environmentally
sensitive parts of the process are actually occurring. That seems like a huge gap between
what’s needed and what’s in place, and a perfect opportunity to design smarter markets to
close that gap.
Economics is mostly about incentives. If we had Smarter Markets that offered transparency
so that investors could see whether the raw materials used by a company were produced
responsibily, that would create an incentive for companies to source responsibly produced
raw materials exclusively. It would also open the door to a new era of consumer-driven
social responsibility, where you could order your new electric vehicle selecting the option of
having it built from 100% green copper just like any other option such as heated seats or an
upgraded sound system.
Are there other things we could do in designing smarter markets so that incentives are
created to encourag