Datavault AI and Patriot Strategic Metals (PSM) have announced plans to co-develop a Strategic Materials Acquisition Platform - a digital infrastructure project that will tokenize, finance, and manage critical mineral assets. The collaboration includes a Phase I programme of up to $700 million and ties into PSM's $20 billion revolving procurement facility, targeting minerals essential for AI, semiconductors, defence, and electrification.
The partnership details
The agreement merges PSM's integrated strategic metals platform - which spans mining interests, offtake agreements, refining, stockpiles, and commodity trading - with Datavault AI's real-world asset (RWA) tokenization technology, AI-enabled infrastructure, and blockchain-based settlement. RWA tokenization converts physical assets into digital tokens, creating a traceable system for managing minerals from acquisition through distribution.
"Our partnership with Datavault AI provides the technological foundation to modernise the financing and movement of critical minerals through RWA infrastructure, digital settlement and institutional trade finance," said John K. Park, Managing Member of PSM.
Financial scope and technology
The Phase I development plan covers institutional trade finance, digital settlement, compliance, and technology integration. Of the $700 million, roughly $62 million is allocated for Datavault AI's technology work. Earlier this year, Datavault AI expanded its collaboration with IBM's watsonx platform to tokenize data at the point of creation, converting raw inputs into authenticated, tradable digital assets in real time.
The partnership also underpins PSM's broader procurement ecosystem, including a structured revolving procurement facility of up to $20 billion operating through the International Elements Exchange. Datavault AI will receive 25% of net distributable platform profits, a structure designed to produce recurring, software-driven revenue.
Supply chain pressures
Demand for copper, lithium, cobalt, and other critical minerals is accelerating, driven by AI infrastructure, semiconductor manufacturing, and electrification. The IEA reports that China accounted for around 60% of global mining output in 2024 and dominates midstream and downstream battery supply chains with shares above 80% in many segments. Export controls and geopolitical tensions have heightened supply risks, making supply chain resilience a priority for procurement leaders.
"This strategic partnership brings together physical strategic assets and on our institutional grade cyber secure digital infrastructure," said Nathaniel T. Bradley, CEO of Datavault AI. "By combining PSM's critical minerals platform with Datavault AI's patented RWA technology, we are building a framework to modernise how strategic commodities are financed, settled and managed."
Why this matters for executives and strategy
The platform signals a shift in how large-scale mineral procurement is financed and tracked. For executives managing supply chain risk, the combination of tokenized assets, institutional trade finance, and digital settlement offers a way to lock in offtake agreements and monitor material flows with greater transparency. With China controlling the majority of mining output, alternative infrastructure that strengthens resilience has direct strategic value. This deal also shows how AI for Operations is being applied to hard-asset supply chains, not just software environments. For leadership teams evaluating strategic mineral exposure, the move toward AI for Executives & Strategy in commodity markets is worth tracking closely.
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