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Glencore and partners to trace sustainable cobalt in blockchain pilot 21 May 2021 (Last Updated May 21st, 2021 12:23) Glencore will join Umicore to pilot a blockchain solution designed for sustainable cobalt traceability. Share Article Glencore and other miners have partnered with battery material supplier Umicore to pilot a blockchain solution for sustainable cobalt traceability. The group includes Eurasian Resources Group (ERG) and China Molybdenum (CMOC). The team intends to pilot ReISource, a solution that will use blockchain technology to t...

Glencore, partners to trial blockchain for cobalt tracebility The companies will pilot ReISource to trace responsibly produced cobalt from the mine to the electric car The final solution is expected to be launched in 2022.(Credit: Chris Wiedenhoff from Pixabay) Glencore, CMOC, and Eurasian Resources Group (ERG) have partnered with battery material supplier Umicore to trial blockchain technology for end-to-end cobalt traceability. Under the partnership, the companies will pilot ReISource, a solution to trace responsibly produced cobalt from the mine to the electric car. The blockchain solutio...

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 Cong...

Message : Required fields LONDON (Reuters) - Commodity trader and miner Glencore plans to restart operations at Mutanda - the world's biggest cobalt mine that also produces large amounts of copper - in the Democratic Republic of Congo next year, a source with direct knowledge of the matter told Reuters. Glencore, one of the world's largest copper producers and leading cobalt producer, said in February that the process to resume production at Mutanda was underway, but did not give a specific date. Copper is a vital material for the power and construction industries and it also features hea...

Colonial pipeline hack exposes the vulnerability of critical infrastructure When the Colonial pipeline system was launched in 1962, it was described as the largest privately-financed construction project in US history. Six decades later, it remains a critically important piece of national infrastructure, as the six-day shutdown caused by a ransomware hacking attack has shown. Spanning more than 5,500 miles between Texas and New Jersey, the Colonial system carries about 2.5 million barrels a day of gasoline, diesel and jet fuel, transporting about 45% of all the fuel consumed on the US east co...