Salus will demonstrate the critical mineral export from Rwanda to the United States on the IOTA network
Summary
- Salus is launched on the IOTA network to finance critical mineral exports
- The platform starts with rare Earth Metal Tantalum export from Rwanda to the US
- Global Critical Mineral Trade has a $ 2.5 trillion financing gap, says Salus
From microchips to EV batteries, rare earth minerals are becoming an always strategic resource. On Wednesday, September 10, Defi -Platform Salus launched on the IOTA chain to bridge the Defi sector and the critical mineral trade. The platform starts with token the export of Tantalum, a rare earth metal, from Rwanda to the US
According to Salus, global trade in critical minerals, currently appreciated at around $ 500 billion, has a financing gap of around $ 2.5 trillion. The Defi platform hopes that bringing these assets into the Defi space will help tackle this financing gap.
In addition to Salus authorized IOTA projects such as @tlip_io in East Africa, making real-time cross-border trade possible and @RealizeFinance, which opens access to Tokenized American treasury. Together they show how digital infrastructure can expand global market access.
– Iota (@iota) September 10, 2025
Maybe you also like it: Crypto rails: Nutrition of the green grid | Opinion
“We work together with miners, financiers and buyers to re-design trade financing from the start,” says Trevor Skidmore, co-founder of Salus. “With smart contracts and stablecoins we can finance minerals at the source, on verifiable conditions, with real delivery and traceability built in.”
Apart from the current activities in Rwanda, Salus is expanding in other countries in Africa and Latin -America. With this push, the platform is planning to exceed $ 100 million in gross merchandise value by the end of 2025.
Maybe you also like it: Ant Digital places $ 8.4 billion in Chinese green energy activa on its blockchain
Growing demand for critical minerals
The launch of Salus comes in the midst of rising demand for critical minerals. According to the IEA, the demand for critical minerals needed for the energy transition away from fossil fuels will double by 2040. At the same time, the sector sees increased volatility due to disruptions caused by rates.
In this environment, the platform hopes that giving exposure of investors to this industry, without the need to possess mines, will help to bring in the capital that was missing so far.
Read more: 2025 will make ground Real-World assets mainstream | Opinion
