CATL to keep close eye on cobalt, lithium and graphite suppliers
2020-11-27 14:35:45 [Print]
Lithium-ion battery developer and manufacturer Contemporary Amperex Technology (CATL) announced that it has partnered with RCS Global Group, a company that focuses on data-driven responsible sourcing, to keep track of its cobalt, lithium and graphite suppliers.
In a press release, the Chinese company said that, under the scope of the partnership, RCS Global's ESG audit practice will identify CATL's suppliers from battery to mine or recycler, and will also assess their conformance with environmental and human rights requirements.
Once the evaluation is done, RCS will work with CATL and its suppliers to enhance the development of a responsible supply chain.
In a press release, the Chinese company said that, under the scope of the partnership, RCS Global's ESG audit practice will identify CATL's suppliers from battery to mine or recycler, and will also assess their conformance with environmental and human rights requirements.
Once the evaluation is done, RCS will work with CATL and its suppliers to enhance the development of a responsible supply chain.
Cobalt Conc. 6-8% CIF China
Unit:USD/lb Co
China cobalt tetroxide producers' operating rate statistics by province by month
Unit: %
