Glencore has today signed a five year agreement with
Under the terms of this supply contract, Glencore will provide up to 21,000 tonnes of cobalt contained in cobalt hydroxide between 2020 and 2024.
The cobalt will be sourced from Glencore's industrial mining operations located in the DRC.
Glencore and
Both parties agree that Glencore's DRC operations will be independently audited each year against the 'Cobalt Refinery Supply Chain Due Diligence Standard'. This standard is defined by the Responsible Mining Initiative (RMI).
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Notes for Editors
Glencore is one of the world's largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities. The Group's operations comprise around 150 mining and metallurgical sites and oil production assets.
With a strong footprint in both established and emerging regions for natural resources, Glencore's industrial and marketing activities are supported by a global network of offices located in over 35 countries.
Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore's companies employ around 158,000 people, including contractors.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the
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