Tag: TETHYS

  • TETHYS and Hartree Announce Life‑of‑Mine Offtake Agreement for the Cataltepe Polymetallic Project in Türkiye

    TETHYS and Hartree Announce Life‑of‑Mine Offtake Agreement for the Cataltepe Polymetallic Project in Türkiye

    TETHYS, a Turkish-incorporated critical minerals and strategic infrastructure platform with projects across Eurasia, and Hartree Metals LLC, a subsidiary of the global commodities firm Hartree Partners LP — a leading independent commodities trading and asset management company — have entered into a life-of-mine offtake and commercial prepayment arrangement to support concentrate exports from the Cataltepe polymetallic mining project in north-western Türkiye.

    The agreement establishes a long-term commercial partnership between the two companies, anchored on the Cataltepe operation. Production from the mine is expected to be processed at the Kalkım flotation facility, generating zinc, lead, and copper concentrates for export to international smelting markets.

    Under the arrangement, Hartree Metals has provided a commercial advance payment to support the restart of operations and ongoing production activities, and will purchase and export 100% of the zinc, lead, and copper concentrates produced for the life of the operation. Production at Cataltepe is expected to commence shortly, with monthly shipments increasing progressively as operations ramp up.

    The transaction demonstrates a shared commercial understanding of the project and a mutual commitment to establishing reliable concentrate supply chains in Türkiye. For TETHYS, the agreement represents the commercial activation of its flagship Turkish operation and a significant milestone in its broader strategy to develop a multi-country portfolio of critical mineral assets across Eurasia. For Hartree Metals, it signifies a deepening of its commercial engagement with Türkiye’s expanding mining sector.

    Prof. Dr Leyla Keser, Chairperson of TETHYS Gateway Trading LLC, said: “The Cataltepe offtake agreement is a landmark transaction for TETHYS and a strong endorsement of the project’s commercial potential. We are delighted to be partnering with Hartree Metals as our long-term trading partner and look forward to building on this relationship as TETHYS continues to develop its portfolio of mineral assets across the region.”

  • The First Mining-Site Digital Product Passport in Turkey

    The First Mining-Site Digital Product Passport in Turkey

    Minespider, a leading traceability and Digital Product Passport (DPP) platform, and TETHYS Trans-Eurasian Gateway, a company specializing in bridging European technologies to mining projects in Turkey and Central Asia, announce the first Digital Product Passport (DPP) implemented at the Çataltepe Mining Project, marking a significant milestone in the digital transformation of the critical minerals sector.

    This is one of the first implementations of the Digital Product Passport in mining sites in Central Asia and Turkiye, which now positions Çataltepe as a pioneering project in the region’s transition toward transparent and traceable critical minerals supply chains.

    Following a collaboration that began in May 2025, the two companies launched a Digital Product Passport (DPP) pilot at the Çataltepe Polymetallic mine located in the Dardanelles (Çanakkale) in Turkey. The traceability project, including capturing and linking data of origin, processing, and ESG indicators, is planned to be introduced across the entire supply chain – from the Çataltepe Mine based in Lapseki, Çanakkale to the Yenice Flotation Plant, and finally to export.

    A New Standard for Critical Minerals Transparency

    The Digital Product Passport is a dynamic digital record that captures verified data across the full lifecycle of a product—from raw material extraction to end-of-life. The system will provide a transparent chain of custody for each shipment of lead concentrate, zinc concentrate and copper concentrate from the Çataltepe polymetallic mine, with the expected volumes of ~15,000 tonnes of ore processed monthly, yielding 1,000–1,200 tonnes of concentrate output. The introduction of Digital Product Passports will consolidate reporting, improve efficiency, and enhance trust with downstream customers and will help to ensure compliance with international regulations such as the EU Carbon Border Adjustment Mechanism (CBAM) and the Critical Raw Materials Act (CRMA).

    Driving Accountability Across the Critical Minerals Value Chain

    Digital Product Passports are rapidly becoming a cornerstone of the global transition toward sustainable and accountable supply chains. They enable the collection and sharing of product data across the entire value chain, closing information gaps and enhancing decision-making.

    Leyla Keser, Chairperson of TETHYS, stated:

    “At TETHYS, we define accountability not as an abstract principle, but as a measurable and traceable reality across the entire value chain. With the Çataltepe Digital Product Passport, we are embedding transparency at the very origin of critical minerals—where trust must begin. This is not only a technological milestone, but a strategic step toward aligning our region with global standards, strengthening responsible sourcing, and positioning Greater Central Asia, Türkiye, and the Balkans as reliable and future-ready partners in the global critical minerals supply chain.”

    Nathan Williams, Founder & CEO of Minespider, said:

    “We are entering a new phase where mineral supply chains must be not only efficient, but also transparent and verifiable by design. Each shipment can be traced back to its origin, with verified data on production and ESG parameters. This is a critical step toward enabling trusted, data-driven mineral supply chains that meet emerging regulatory requirements and industry expectations. We are proud that the Çataltepe project creates a new benchmark for sustainable mining projects in the region.”

    About Tethys

    Tethys operates across Greater Central Asia, Türkiye, and the Balkans, focusing on critical minerals, infrastructure, and sustainable value chains. Through its integrated approach, Tethys combines investment, technology, and ESG principles to deliver accountable, scalable, and future-oriented projects across strategic regions.

    https://www.tethysgateway.com/

    About Minespider

    Minespider is a leading European mineral traceability platform, trusted by global companies including Microvast, Renault, Minsur, TEMSA, PTL, Ford Otosan, and Tata Elxsi. Its blockchain-based system provides secure, transparent data sharing across supply chains in Digital Product Passports (DPPs) and Digital Battery Passports (DBPs) to support compliance and sustainability from mine to manufacturer.

    For more information about Minespider, please email marketing@minespider.com or visit our website at www.minespider.com.