New investigation by Global Witness allegedly ties Traxys with conflict minerals sourcing from the DRC, including company's comments
"New investigation suggests EU trader Traxys buys conflict minerals from DRC" 15 April 2025
"A new Global Witness investigation indicates that international commodities trader Traxys has bought conflict coltan smuggled from Democratic Republic of Congo (DRC) to Rwanda"
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"In response to the Global Witness investigation, Traxys denied that its coltan originates from Rubaya and helps fund M23, asserting that it is “firmly committed to working only with responsible supply chains when sourcing minerals from conflict-affected and high-risk areas.”
It also provided details of its due diligence measures, which include measures such as mine visits, plausibility checks, frequent communication with African Panther and knowing African Panther’s suppliers.
Global Witness notes that some of the companies Traxys named in its response as suppliers to African Panther have a checkered history of sourcing minerals from the region."