The mission of Ash Elements is to turn an ugly liability into an attractive environmentally responsible asset.

Ash Elements is an Asset Back Token (ABT) that captures the value of rare earth minerals in coal ash in the form of mineral rights. Rare Earth Elements are referred to as vitamins for metals and electronics without which our high tech world ceases to exist. These mineral rights for premium coal ash basins are secured by a holding company through which mining or refining company can redeem ASH tokens

Rare earth mineral rights to particular sites under contract. Each Ash Token is contractually tied to 1 metric ton of fly ash.

By addressing the vulnerabilities of transparency and accountability within the industry, we hope to begin to solve the higher level issues of child labor, poor working conditions, and conflict support over time.

Responsible value chains can only exist when all actors are rewarded for their participation. Mining communities receive a better price for their products so that they can send their children to school while companies like Apple can fulfil the requirements of concerned consumers and regulators, and prove that they are responsible corporate citizens.

We will build a system with end-to-end supply chain traceability where downstream actors, especially end users will comply with their standards, expand sourcing from that particular supply chain, and can even support the mine financially, generating more business for everyone involved.

To address the first problem we’re looking to build a system in which actors in the supply chain only have to give up who they trade with instead of transactional data.