In line with the company’s strategy, SMX continues to partner with market leaders to provide a track and trace solution across various industries. SMX partners include:
SMX and BASF signed a binding joint development agreement in April 2020.
Objective is to develop solutions for plastics traceability and circularity.
SMX will contribute its technology to enable physical and digital tracking of closed loop recycling, authenticate sustainability claims and improve sorting of plastic waste.
The partnership leverages BASF’s extensive experience in plastic additives, regulatory know-how, and understanding of the plastics value chain.
Both companies will also combine their research & development capabilities and required resources as part of the agreement.
Creating the world’s first ‘mine to product’ transparency solution following responsible gold mining principles.
50:50 JV between SMX and W.A. Mint Pty Ltd announced July 2020.
Independent review of the Business Plan undertaken by Grant Angwin (former Chair of London Bullion Market Association).
trueGold will be approaching key industry players to participate in the initiative.
Full commercial roll-out expected in 2021.
LOI executed January 2018.
SMX signed a JV agreement with Canadian diamond manufacturer Trifecta Industries in April 2019 and created a new 50:50 company “Yahaloma”.
Objective is to develop a solution based on SMX trace technology in diamonds and precious stones industry to ensure supply chain integrity.
Trifecta will commercialize the technology once developed.