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Glencore and partners to trace sustainable cobalt in blockchain pilot


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.
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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 trace responsibly produced cobalt from the mine to the electric car.
Designed to help address the growing need for cobalt value chain visibility, the solution will use technologies such as blockchain and zero-knowledge proofs to link digital flows with physical material flows on the ground. ....

Democratic Republic Of The Congo , Ivan Glasenberg , Eurasian Resources Group , Fair Cobalt Alliance , Global Battery Alliance , China Molybdenum , Democratic Republic , Battery Passport , ஜனநாயக குடியரசு ஆஃப் தி காங்கோ , யூரேசியன் வளங்கள் குழு , நியாயமான கோபால்ட் கூட்டணி , உலகளாவிய மின்கலம் கூட்டணி , சீனா மாலிப்டினம் , ஜனநாயக குடியரசு , மின்கலம் கடவுச்சீட்டு ,

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 ,