The Betts Group invests in Fairever to spice up responsibly sourced metals

The Betts Group has made a strategic funding in German valuable metals provider Fairever, strengthening a long-standing partnership centered on increasing responsibly sourced gold and silver throughout Europe.

The Birmingham-based agency mentioned the funding would broaden entry to supplies akin to Single Mine Origin (SMO) Gold and AgAIN Silver, whereas giving Fairever further technical help and provide chain hyperlinks. 

Fairever, based in 2015, specialises in Fairtrade and Fairmined metals for jewellers and producers.

Though Fairever will proceed to function independently, Betts Group managing director Charlie Betts has joined the enterprise as co-chief government alongside Desirée Binternagel. 

Founder Florian Harkort will stay concerned within the firm’s growth.

The Betts Group, established in 1760 and based mostly in Birmingham’s Jewelry Quarter, provides refined valuable metals and is the UK’s solely licensed refiner for each Fairtrade and Fairmined metals. Fairever serves greater than 500 European jewellers and producers.

Betts mentioned: “Fairever has been instrumental in shaping the marketplace for Fairtrade and responsibly sourced gold in Germany and Europe. We’ve got all the time loved a wonderful working partnership with Fairever, with intently aligned visions of how the worldwide valuable metals market must develop. 

“This nearer connection permits us to increase the Fairever portfolio with Single Mine Origin Gold and AgAIN Silver, setting new benchmarks for traceability and sustainability.”

Binternagel added: “From day one, Fairever and The Betts Group have labored in true partnership. Our relationship has all the time been based mostly on belief, shared values, and a mutual dedication to creating valuable steel buying and selling extra accountable. I’m delighted to take our collaboration to the following stage.”