Trade is the last layer of the LoderaIQ stack. It does not price or match cargo speculatively, it converts custody evidence already captured upstream into export permits, trip approvals and a provenance trail that a buyer, a bank and a regulator can all read from the same record.
By the time a consignment reaches the marketplace layer, its volume has been measured, its grade assayed, and its movement tagged and reconciled against the registry. Marketplace & Trade rides on that evidence rather than re-asserting it: a permit is generated against a verified movement, a trip is approved against a verified load, and a buyer receives provenance that traces back to the pit it came from. What is sold is what was measured, moved and permitted, the same event chain, viewed from the commercial end. This page explains the mechanism. For why it matters to your operation or your mandate, follow the audience links below.
Request a briefingTrade rides on upstream custody, not on a fresh set of claims
The commercial record inherits the measurement record
In most mineral supply chains the commercial paperwork is authored separately from the physical reality it describes. Tonnage on an export declaration is keyed by hand, grade is taken on trust or from a certificate that no one can trace to a sample, and the trip that carried the load is reconstructed after the fact. Each hand-off is a place where the number can drift from the material. LoderaIQ removes that gap by making trade a read of the same registry the mine already writes to. A saleable lot is not created in the marketplace; it is promoted from a movement that upstream layers have already volumed by photogrammetry and DEM-differencing, graded by field-portable XRF and physical sampling, and held in tamper-resistant custody by RFID and QR tags. The trade record cites that lineage instead of restating it, so a discrepancy shows up as a break in the chain rather than as a plausible-looking figure with nothing behind it.
One registry, one lot
A tradable lot points back to the measured, assayed and tagged consignment in the shared registry, there is no separate commercial dataset to reconcile.
Measured, not asserted
Volume comes from photogrammetric survey differenced against a dated baseline; defensible grade and tonnage come from XRF plus physical sampling, not from a standalone certificate.
Custody carries through
RFID and QR custody events follow the material from stockpile to gate to transport, so the lot presented for sale is the lot that was tagged.
How a verified movement becomes an export permit
Auto-generated permits against movements the system has already reconciled
Export permitting is where custody evidence turns into a document a border agency and a buyer will act on. Rather than opening a blank form, the platform assembles the permit from the movement record itself, the same volumes, grades, tags and trip data that upstream layers produced. Each step below is a check the system performs before a permit can be issued, so the document reflects a movement that reconciles rather than one that was merely declared.
Match the load to the registry
The consignment presented for export is matched to its lot in the shared registry, carrying its measured volume, its assayed grade and its custody tags forward automatically.
Reconcile movement against custody
Tagged departure and arrival events are checked against the load on record, so a permit is drawn only where the material moved matches the material that was measured and held.
Generate the permit
The export permit is auto-populated from the reconciled movement, tonnage, grade and provenance are carried from evidence, not re-entered by hand.
Log to the audit trail
The issued permit is written to the same audit trail as the survey, assay and custody events behind it, giving regulators and buyers one continuous record to inspect.
Digital trip approvals and provenance in transit
The load that leaves the gate is the load on the permit
A permit governs what may be exported; trip approval governs what actually leaves. The platform issues a digital approval bound to a specific tagged consignment, so a movement is authorised against a verified load rather than against a driver’s word or a paper docket. As the load moves, scan events at each hand-off append to its provenance, keeping the physical journey and the commercial record in step. The result is a chain of custody a buyer can follow end to end and a regulator can audit without a site visit, grounded in what was tagged and scanned, which is a stronger claim than an unbroken paper trail but still one that reflects handling and logistics, not a re-assay of the material in motion.
Approval bound to a load
Each digital trip approval is tied to the tagged consignment it covers, so authorisation and physical material stay linked rather than being reconciled later from dockets.
Scan-verified hand-offs
RFID and QR events at loading, gate-out and receipt append to the provenance record, marking where the load was and when without manual reconstruction.
Continuous provenance
The trip record joins the same lineage as the survey, assay and permit, so provenance reads as one trail from pit to port rather than a set of disconnected documents.
Auditable without a site visit
Regulators and buyers inspect the same movement record, which supports remote verification while leaving competent-person and QP sign-off where the codes require it.
Market access and faster settlement on verified provenance
Buyers and financiers act on evidence, not on assurances
When a buyer, an inspector and a bank can all read the same provenance trail, the commercial friction that usually sits between a measured load and a paid invoice starts to fall away. Provenance that traces to a dated survey baseline, a documented assay and an unbroken custody chain gives counterparties something to verify rather than something to take on faith, which is what shortens the distance between delivery and settlement. LoderaIQ provides the verified record; it does not act as the bank, set the market price, or replace the buyer’s own acceptance testing. Pricing, offtake terms and payment remain commercial decisions between the parties, the platform’s role is to make the thing being priced defensible.
Verifiable provenance for buyers
A prospective buyer receives a trail that links the lot to its measured volume, assayed grade and custody events, so due diligence starts from evidence instead of from a specification sheet.
A shared basis for financing
Because the same provenance is visible to financiers, the record that supports a permit can also support the paperwork behind faster settlement, the platform supplies evidence, not credit.
Fewer reconciliation disputes
When tonnage and grade carry from measurement through permit to invoice, there is less room for the after-the-fact discrepancies that stall payment.
Commercial model
Trade capability runs on the same commercial model as the rest of the platform, so a producer reaches verified market channels without standing up its own trade infrastructure.
What the trade layer proves, and what it does not
Honest limits, stated plainly
The marketplace layer is only as sound as the evidence it inherits, and that evidence has boundaries worth stating on the same page as the mechanism. Provenance verifies that a specific measured, assayed and tagged load moved and was permitted; it does not, on its own, re-establish grade at the point of sale, defensible grade and tonnage rest on XRF plus physical sampling captured upstream, and a buyer’s own acceptance assay remains its own step. Spectral indication from the satellite layer flags surface mineralogy and alteration to prioritise ground work; it is not an assay and never stands in for one. An AI-generated target is a prospect to test, not a defined resource or reserve. Across all of it, the platform’s outputs support the competent-person and qualified-person sign-off required under JORC and NI 43-101-style codes.
Provenance is custody, not re-assay
The trail proves the tagged load moved and was permitted; grade and tonnage still derive from the upstream XRF and physical sampling it cites, and a buyer’s acceptance testing remains a separate step.
Indication is not an assay
Spectral imagery indicates surface mineralogy and alteration to guide field work; defensible grade requires physical measurement, and a target is a prospect rather than a declared resource or reserve.
Outputs support sign-off
Everything the trade layer produces feeds competent-person and QP judgement under the relevant reporting codes, it documents the basis for a decision without making the decision.
Who this closure is built for
The mechanism on this page; the business case on theirs
Marketplace & Trade is a platform mechanism. For how verified trade changes what an operator can sell or what a regulator can oversee, follow through to the audience pages, which make the case in each reader’s terms.
Mining & exploration companies
See how measured, permitted provenance opens verified market channels and shortens the path from a load at the gate to a settled sale.
Learn more →Governments & regulators
See how auto-generated permits and an inspectable provenance trail let authorities verify exports against measured movements without relying on self-declared figures.
Learn more →See the revenue closure against your own supply chain
From measured pit to permitted, settled export
LoderaIQ is live and in operation on a national mining programme, with the aerial drone-survey layer rolling out to sharpen the ground truth behind every traded lot. If you want to see how verified custody becomes a permit, a trip approval and a faster settlement across your route to port, request a briefing and we will walk the mechanism against your context.
Request a briefing