The initiative also backs a new initiative to support informal miners in Democratic Republic of Congo
Artisanal miners wait to start digging for cobalt in a freshly excavated pit in Kasulo township in Kolwezi, in DRC. Picture: BLOOMBERG
The company, which has long argued that the vehicles industry is best served by buying cobalt from its industrial mines rather than from informal miners, said Monday that it has joined the Fair Cobalt Alliance. The group aims to end the use of child labour at mining sites and improve working conditions in DRC. It’s also backed by major Chinese cobalt refiner, Zhejiang Huayou Cobalt Co.
“The FCA is a vehicle for businesses all along the supply chain to collaborate with the DRC government and civil society to transform the artisanal mining sector into a source of fair, safe and responsibly mined cobalt,” said David Brocas, Glencore’s head cobalt trader.
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