The Betts Group invests in Fairever to boost responsibly sourced metals

The Betts Group has made a strategic investment in German precious metals supplier Fairever, strengthening a long-standing partnership focused on expanding responsibly sourced gold and silver across Europe.

The Birmingham-based firm said the investment would broaden access to materials such as Single Mine Origin (SMO) Gold and AgAIN Silver, while giving Fairever additional technical support and supply chain links. 

Fairever, founded in 2015, specialises in Fairtrade and Fairmined metals for jewellers and manufacturers.

Although Fairever will continue to operate independently, Betts Group managing director Charlie Betts has joined the business as co-chief executive alongside Desirée Binternagel. 

Founder Florian Harkort will remain involved in the company’s development.

The Betts Group, established in 1760 and based in Birmingham’s Jewellery Quarter, supplies refined precious metals and is the UK’s only certified refiner for both Fairtrade and Fairmined metals. Fairever serves more than 500 European jewellers and manufacturers.

Betts said: “Fairever has been instrumental in shaping the market for Fairtrade and responsibly sourced gold in Germany and Europe. We have always enjoyed an excellent working partnership with Fairever, with closely aligned visions of how the global precious metals market needs to develop. 

“This closer connection allows us to expand 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 worked in true partnership. Our relationship has always been based on trust, shared values, and a mutual commitment to making precious metal trading more responsible. I’m delighted to take our collaboration to the next level.”