University of Exeter Awarded Contract for Utility Trade Network Data Pooling Pilot

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Office for National Statistics awarded a contract to University of Exeter for the provision of a utility trade network, initiating a sensitive data pooling pilot for proof of value test cases.

The project aims to create a data pooling network with a supporting data trust governance framework to pool relevant data, test and evaluate proof of value for individual partners, and serve as a foundation for scaling up government support for future circular economy value chains.

It will initiate a consortium of commercial, academic, government, and public entities interested in the post-use recovery, re-use, and recycling of rare earth elements (REE) and precious metals (PM) from electric vehicle (EV) and wind energy applications.

The overarching value proposition is that creating a data pooling network for post-use REE PM will enable the UK to optimise the recovery, re-use, and recycling of these components and support growth of a circular economy that reduces supply chain risks associated with current imports.

The contract value is AUD 200,000.