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Glencore leads miners group in cobalt blockchain pilot

Glencore leads miners group in cobalt blockchain pilot
Child miners as young as 11 in eastern Congo. (
Mining and commodities trader
Glencore (LSE: GLEN) has joined forces with battery material supplier Umicore and other major miners to trace the cobalt they produce using blockchain technology.
The group, which includes Eurasian Resources Group (ERG) and China Molybdenum (CMOC) are piloting Re|Source, a solution to track responsibly produced cobalt from mine to electric car.
Tested in real operating conditions, from upstream cobalt production facilities in the Democratic Republic of the Congo (DRC) to downstream electric vehicle production sites, the pilot will run until the end of 2021, with the roll-out of the final solution expected in 2022. ....

South Korea , Democratic Republic Of The Congo , South Korean , Sun Ruiwen , Ivan Glasenberg , International Council On Mining , European Commission , Minerals Initiative , Fair Cobalt Alliance , Eurasian Resources Group , Global Battery Alliance , De Beers , China Molybdenum , Democratic Republic , Cobalt Industry Responsible Assessment Framework , International Council , Huayou Cobalt , Battery Passport , Critical Raw Materials , தெற்கு கொரியா , ஜனநாயக குடியரசு ஆஃப் தி காங்கோ , தெற்கு கொரியன் , சர்வதேச சபை ஆன் சுரங்க , ஐரோப்பிய தரகு , தாதுக்கள் முயற்சி , நியாயமான கோபால்ட் கூட்டணி ,

Glencore leads miners in cobalt blockchain pilot

Glencore leads miners in cobalt blockchain pilot
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South Korea , Democratic Republic Of The Congo , South Korean , Sun Ruiwen , Ivan Glasenberg , International Council On Mining , European Commission , Minerals Initiative , Fair Cobalt Alliance , Global Battery Alliance , De Beers , Democratic Republic , Cobalt Industry Responsible Assessment Framework , International Council , Huayou Cobalt , Battery Passport , Critical Raw Materials , தெற்கு கொரியா , ஜனநாயக குடியரசு ஆஃப் தி காங்கோ , தெற்கு கொரியன் , சர்வதேச சபை ஆன் சுரங்க , ஐரோப்பிய தரகு , தாதுக்கள் முயற்சி , நியாயமான கோபால்ட் கூட்டணி , உலகளாவிய மின்கலம் கூட்டணி , டி பியர்ஸ் ,

First Cobalt Achieves Key Milestone with Refinery Feedstock Arrangements

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TORONTO, Jan. 12, 2021 /CNW/ - First Cobalt Corp. (TSXV:FCC) (OTCQX:FTSSF) (the Company ) is pleased to announce long-term cobalt hydroxide feed arrangements with Glencore AG and IXM SA, a fully owned subsidiary of CMOC, which will provide a total of 4,500 tonnes of contained cobalt per year to the First Cobalt Refinery commencing in 2022. Once operational, the First Cobalt Refinery will be North America s only producer of cobalt sulfate for the electric vehicle market.
Highlights
4,500 tonnes per year of contained cobalt to be provided from Glencore s KCC mine and CMOC s Tenke Fungurume mine
Supply agreements represent 90% of projected capacity for the Canadian refinery, yielding 22,250 tonnes per year of battery grade cobalt sulfate ....

United States , France General , Iron Creek , Canada General , Tenke Fungurume , Trent Mell , First Cobalt Corp , Minerals Initiative , Cobalt Institute , Venture Exchange , Regulation Services Provider , First Cobalt , First Cobalt Refinery , North America , Paris Agreement , North American , Chief Executive Officer , Democratic Republic , Responsible Minerals Initiative , Diligence Guidance , Responsible Supply Chains , Cobalt Industry Responsible Assessment Framework , Canadian Cobalt Camp , Note Regarding Forward Looking , ஒன்றுபட்டது மாநிலங்களில் , பிரான்ஸ் ஜநரல் ,