Datavault AI has entered into a $7 million minting agreement and 30% perpetual royalty partnership with Tanzania-based MTB Mining Limited, representing a substantial move toward modernizing mineral verification and global commerce through digital ledger technology. The partnership will utilize Datavault AI's patented Sumerian technology to transform MTB Mining's physical mineral assets into verified, traceable digital commodities. This digitization process encompasses MTB Mining's extensive resource portfolio, including more than 25 million metric tons of copper reserves, 2.44 square kilometers of proven mineral assets, and notable gemstones such as the Windsor Ruby.
These digitized assets are intended for trading on the forthcoming International Elements Exchange, described as a virtual refinery designed to enable compliant, transparent and monetizable real world asset trading. The collaboration represents what the company views as a major advancement in creating unified digital records for physical commodities. The digitization of mineral assets through Sumerian technology aims to address longstanding challenges in commodity verification, traceability, and transparency that have traditionally plagued the mining and resource sectors. Additional information about the partnership can be found in the full press release available at https://ibn.fm/s1azn.
The partnership's structure includes both immediate financial components through the $7 million minting deal and long-term revenue sharing through the 30% perpetual royalty arrangement. This dual approach combines upfront capital with ongoing revenue streams tied to the digital assets' performance and trading activity. The International Elements Exchange platform, where these digitized assets will be traded, is positioned as a solution for creating more efficient and transparent markets for real world assets. By establishing digital representations of physical commodities, the exchange aims to facilitate more accessible and verifiable trading of mineral resources globally.
The company maintains its corporate website at https://www.datavaultsite.com where interested parties can learn more about their technology platform and service offerings. The digitization of mineral assets represents a growing trend in bridging physical commodities with digital marketplaces. This approach potentially offers improved asset liquidity, enhanced verification processes, and greater market accessibility for participants who might otherwise face barriers to commodity trading. The partnership between Datavault AI and MTB Mining demonstrates how traditional resource extraction industries are increasingly integrating with digital transformation technologies to create new market opportunities and operational efficiencies.
