DRC joins Cobalt Action Partnership
2020-12-25 11:36:39 [Print]
The Minister of Mines of the Democratic Republic of the Congo, Willy Kitobo Samsoni, joined this week the Cobalt Action Partnership (CAP), a program with main goals to eliminate child and forced labor from the cobalt value chain, contribute to the sustainable development of communities, and respect the human rights of those affected by cobalt mining.
Established by the Global Battery Alliance – a public-private collaboration platform founded in 2017 at the World Economic Forum – and led by the Responsible Minerals Initiative, the CAP is governed by an independent steering committee with balanced representation from the private sector, civil society and governments.
In a media statement, CAP representatives pointed out that bringing the DRC into the initiative is key given the country's tainted track record when it comes to the protection of human and labor rights within its mining industry.
With reserves in the order of 3.5 million tonnes, the DRC hosts most of the world's cobalt and is responsible for 50% of the global supply. The inclusion of Samsoni in the CAP steering committee is expected to provide the necessary push to foster responsible cobalt production and trade.
Established by the Global Battery Alliance – a public-private collaboration platform founded in 2017 at the World Economic Forum – and led by the Responsible Minerals Initiative, the CAP is governed by an independent steering committee with balanced representation from the private sector, civil society and governments.
In a media statement, CAP representatives pointed out that bringing the DRC into the initiative is key given the country's tainted track record when it comes to the protection of human and labor rights within its mining industry.
With reserves in the order of 3.5 million tonnes, the DRC hosts most of the world's cobalt and is responsible for 50% of the global supply. The inclusion of Samsoni in the CAP steering committee is expected to provide the necessary push to foster responsible cobalt production and trade.
Cobalt Conc. 6-8% CIF China
Unit:USD/lb Co
China cobalt metal producers' sales volume statistics by province by month
Unit: mt
