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Huayou Cobalt Congo

Huayou Cobalt is a new high-tech enterprise founded in 2002 and specializing in research and development, manufacturing business of new energy Li-ion battery materials and new cobalt materials. After more than a decade's development, Huayou Cobalt has based in Tongxiang, sourced abroad, formed manufacturing base in China and marketed globally, formed three business segments including. Huayou, China's top cobalt refiner, mines and sources cobalt in Haut-Katanga province through subsidiaries CDM and Minière de Kasombo (MIKAS). Huayou produced 25,000 tonnes of cobalt in 2019, of.. BEIJING, Aug 16 (R) - China's biggest cobalt refiner Zhejiang Huayou Cobalt said on Thursday its overseas unit is pulling out a deal to invest $66.3 million in a cobalt mine in the Democratic.. China's Huayou Cobalt will not buy artisanal cobalt from two mines in Democratic Republic of Congo until it is sure the material they produce is free of human rights abuses according to standards.. Huayou Cobalt remains committed to supporting the formalisation of Congo's cobalt sector, Huayou's head of corporate social responsibility Bryce Lee said in the statement. (Reporting by Helen Reid, Editing by Pratima Desai and Chizu Nomiyama) WhatsApp. Linkedin. Email. Print. Previous article Flux Power announces pricing of $10.8 million public offering and uplisting to the Nasdaq Capital.

Huayou Cobalt Co., Ltd._Chemical product

  1. Huayou Cobalt Co., Ltd is primarily a supplier of cobalt, including cobalt tetroxide, cobalt oxide, cobalt carbonate, cobalt hydroxide, cobalt oxalate, cobalt sulfate, and cobalt monoxide. It is headquartered in the Tongxiang Economic Development Zone of Zhejiang, China
  2. Shanghai-listed Huayou is a key supplier to the electric vehicle industry, providing cobalt to battery makers LG Chem of South Korea and CATL of China, as well as Chinese carmaker BYD and Germany's..
  3. Zhejiang Huayou Cobalt Co. Ltd. (Zhejiang) Congo Dongfang International Mining. Pourcentage 24.00%. Année 2016. Actionnaire direct. La Minière de Kasombo. Pourcentage 72.00%. Année 2015. Actionnaire direct. La Minière de Kasombo . Pourcentage 72.00%. Année 2017. Actionnaire direct. La Sino-Congolaise des Mines. Pourcentage 1.00%. Année 2015. Actionnaire direct. Tweets by CongoMines.
  4. 浙江华友钴业股份有限公司-专注于锂电新能源材料制造、钴新材料深加工以及钴、铜有色金属采、选、冶的高新技术企业。公司主要产品为锂电正极材料前驱体、钴的化学品以及铜镍金属
  5. Zhejiang Huayou Cobalt beliefert unter anderem Apple, Dell und Microsoft mit Kobalt
  6. In Time for Recharge: Corporate Action and Inaction to Tackle Abuses in the Cobalt Supply Chain (AFR 62/7395/2017), Amnesty International assessed the cobalt due diligence practices of Zhejiang Huayou Cobalt Co., Ltd (Huayou Cobalt), and its subsidiary in the Democratic Republic of the Congo, Congo Dongfang International Mining SARL (CDM)

Worker at Huayou Cobalt's Congo mine dies of coronavirus

IBM, Ford, LG Chem and Huayou Cobalt Join Forces in Cobalt-Tracking Blockchain Project in Congo Technology giant IBM, carmaker Ford, China's Huayou Cobalt, and South Korean cathode maker LG Chem have partnered in a new blockchain project that is set to monitor the supply chain of cobalt in the Democratic Republic of Congo Huayou Cobalt halts DRC cobalt purchases. Chinese refiner Huayou Cobalt has stopped all purchases of cobalt from two artisanal and small-scale mines (ASM) in the Democratic Republic of Congo, in response to human-rights concerns. Huayou Cobalt insists it is committed to a formalisation of Congo's cobalt sector

China's Huayou pulls out of Congo cobalt mine investment

Huayou a déclaré qu'il avait supprimé le travail des enfants de sa chaîne d'approvisionnement et s'efforçait d'aider à formaliser l'exploitation minière artisanale en RD Congo en s'efforçant d'améliorer la sécurité et la traçabilité de son cobalt. La pression des clients a eu raison de la volonté d'Huayo Gecamines sold a copper- and cobalt-mining permit from its Cie Miniere du Sud Katanga unit, or CMSK, for $52 million to Huayou's Congo Dongfang International Mining Sarl, according to a statement..

ZHEJIANG HUAYOU COBALT CO., LTD : Cours de bourse, graphiques, cotations, conseils boursiers, données financières, analyses et actualités en temps réel de l'action ZHEJIANG HUAYOU COBALT CO. Top tech firms sued over DR Congo cobalt mining deaths. Apple, Google, Tesla and Microsoft are among firms named in a lawsuit seeking damages over deaths and injuries of child miners in the. It's also backed by miner and trader Glencore Plc and major Chinese cobalt refiner Zhejiang Huayou Cobalt Co. Almost three-quarters of the world's cobalt comes from Congo and demand is. Subscribe to France 24 now:http://f24.my/youtubeENFRANCE 24 live news stream: all the latest news 24/7http://f24.my/YTliveENCobalt is an essential component.

Huayou temporarily suspends cobalt purchases from two

The relocation was financed in part by China's largest cobalt producer Huayou Cobalt, a $3.6bn company listed on the Shanghai Stock Exchange that is a supplier to some of the world's largest.. Zhejiang Huayou Cobalt Co. Ltd. plans to invest $147.2 million in a copper project in the Democratic Republic of Congo (DRC), deepening the Chinese mining company's presence in the central African country. The investment — through a local subsidiary — will be used to develop a project located in the Lukuni region of the southern province of Haut-Katanga, the company said in a filing. Eight of the 14 largest cobalt miners in Congo are now Chinese-owned, accounting for almost half of the country's output. Mining Stronghold. Share of 2017 output in Democratic Republic of Congo. China-based Zhejiang Huayou Cobalt Co confirmed in a filing to the Shanghai stock exchange on Tuesday that it is going to invest $147.2 million to build a copper project in Democratic Republic of Congo (DRC). The latest announcement comes as the company plans to extend the exploration of its mining assets in the country, reported R SMM8 March 13: it is reported that China Huayou Cobalt Co will suspend manual cobalt trade in two mines in the Democratic Republic of Congo until it is confirmed that its production process does not include human rights abuse, and the relevant standards will be defined by the industry

Huayou Cobalt's share price [SHA:603799] was down 1.2 percent at CNY26.20 (USD3.72) at the lunch break today. The unit agreed in December 2017 to purchase 51 percent of Lucky Resources, which owns 100 percent of licensed Congo miner New Minerals Investment, for USD66.3 million and still has 85 percent of the fee left to pay. It had planned the. Huayou Cobalt Invests USD147 Million in Congo Copper Mine (Yicai Global) Dec. 26 -- Zhejiang Huayou Cobalt will build a production line for electro-deposited copper in the Democratic Republic of the Congo through its wholly-owned unit in the Central African country to improve the efficiency of its resource use and promote local economic growth Congo: Background: Part of Huayou Cobalt Co., Ltd. Website: www.huayou.com: Plant -Coordinates*-Type of Plant: Sulphur Burning: Gas Source: Elemental Sulphur: Plant Capacity: 4000 MTPA: SA/DA-Emissions-Status -Year Built-Technology-Contractor-Remarks-Pictures-General: Huayou Cobalt Co., Ltd. was founded in 2002, and it is a Hi-tech enterprise focusing on the nonferrous smelting of cobalt. Here's how some companies are leading the way: Ford, Huayou Cobalt, IBM, LG Chem, and RCS Global are using blockchain technology to improve transparency and trace the sources of cobalt. BMW signed a $110 million deal for cobalt from Morocco's Bou Azzar Mine, in an effort to avoid cobalt sourced from the DRC China's Huayou Cobalt will not buy artisanal cobalt from two mines in Democratic Republic of Congo until it is sure the material they produce is free of human rights abuses according to standards to be decided by the industry

Huayou Cobalt Co., Ltd is een belangrijke leverancier van kobalt en afgeleide producten. Het hoofdkantoor is gevestigd in Tongxiang, provincie Zhejiang, Volksrepubliek China.Een dochteronderneming, Congo Dongfang International Mining, is of was betrokken bij diverse controversiële mijnbouwoperaties van kobalt in de Democratische Republiek Congo Huayou produced 25,000 tonnes of cobalt in 2019, of which about 21,400 tonnes came from its Congo operations. Huayou Cobalt declined to comment. (Reporting by Helen Reid in Johannesburg, Additional reporting by Min Zhang in Beijing; Editing by Kim Coghill) Advertisement. Advertisement . This advertisement has not loaded yet, but your article continues below. Article content. Share this article. One of the largest companies at the centre of this trade is Congo Dongfang Mining International (CDM). CDM is a 100% owned subsidiary of China-based Zhejiang Huayou Cobalt Company Ltd (Huayou Cobalt), one of the world's largest manufacturers of cobalt products. Operating in the DRC since 2006, CDM buys cobalt from traders, who buy directly from the miners. CDM then smelts the ore at. Children mining cobalt for batteries in Congo... 05:56 A CBS News investigation has found child labor being used in the dangerous mining of cobalt in the Democratic Republic of Congo For this pilot based on a simulated sourcing scenario, Cobalt produced at Huayou's industrial mine site in the Democratic Republic of Congo (DRC) will be traced through the supply chain as it travels from mine and smelter to LG Chem's cathode plant and battery plant in South Korea, and finally into a Ford plant in the United States. An immutable audit trail will be created on the.

Huayou Cobalt allegedly supplies cobalt to Apple, Dell and Microsoft. IRA indicate that during the refining process, Umicore deliberately mixes cobalt allegedly mined by children with other cobalt and takes other steps to impair the traceability of the DRC cobalt to give Defendants Apple, Alphabet, Dell, Microsoft and Tesla plausible deniability as to the source of the cobalt they purchase. Bryce Lee, Director of CSR at Huayou Cobalt commented: Huayou Cobalt remains committed to supporting the development of a formalised ASM cobalt sector in the DRC where miners who are dependent on this work for their livelihoods can work safely and securely. Our collaboration with Better Mining is one of the key pillars in this mission, we look forward to continuing our engagement with the. (Caixin) Zhejiang Huayou Cobalt Co. Ltd. plans to invest $147.2 million in a copper project in the Democratic Republic of Congo (DRC), deepening the Chinese mining company's presence in the central African country. The investment — through a local subsidiary — will be used to develop a project located in the Lukuni region of the southern province of Haut-Katanga, the company said in a. The pilot project will see cobalt mined from Huayou's industrial mine in Congo put in securely sealed bags at which point they will be entered onto a blockchain network where they can be traced from mine to LG Chem's battery plant in South Korea and then to a Ford plant in the U.S. where the batteries are installed in electric cars The organization traced the cobalt from these mines to a Chinese processing company called Huayou Cobalt, whose products then end up in the batteries that are used to power electronics and electric vehicles. Time to Recharge assesses the progress that Huayou Cobalt and 28 companies potentially linked to it, or likely buying cobalt from the DRC, have made since the risk of child labour was.

For this pilot based on a simulated sourcing scenario, Cobalt produced at Huayou's industrial mine site in the Democratic Republic of Congo (DRC) will be traced through the supply chain as it travels from mine and smelter to LG Chem's cathode plant and battery plant in South Korea, and finally into a Ford plant in the United States. An immutable audit trail will be created on the blockchain. Mines de cobalt en RDC: Google, Apple, Microsoft, poursuivis en justice. L'exploitation minière artisanale est courante en RD du Congo, une source de revenu pour plusieurs familles. Apple, Google.

NZURI COPPER LIMITED (ASX:NZC) - Important Backdrop

Zhejiang Huayou Cobalt - Wikipedi

Cobalt is important for the local and national economies of the Democratic Republic of the Congo (DRC), yet the sector faces significant challenges to translate this mineral wealth into sustainable development outcomes and equitable distribution of productivity gains. Given the nature of risks and the complexity of supply chains, due diligence is imperative but often challenging Cobalt mining in Congo. The Democratic Republic of Congo (DRC) alone produces more than 50 per cent of the world's cobalt and around 20 per cent of it is extracted by hand through a process known as artisanal and small-scale mining (ASM), according to a recent report available on ResearchGate.The remainder is produced in large industrial mines typically owned by foreign firms, many of which. Huayou Cobalt y Umicore no respondieron a las solicitudes de comentarios. International Rights Advocates busca la reparación por daños y perjuicios para las presuntas víctimas. El grupo dice en. Huayou Cobalt s'incline face la pression sur l'utilisation du travail des enfants dans le secteur minier informel de la RDCLe plus grand producteur de cobalt de Chine doit cesser d'acheter à des particuliers en République démocratique du Congo, sous la pression des clients et des groupes de défense des droits concernés par le travail des enfants dans le secteur minie

LG Chem, the world's largest supplier of electric-car batteries, said the company it buys cathodes from, L&F Material, stopped using Congo-sourced cobalt from Huayou last year. Instead, it said, Huayou now supplies L&F Material with cobalt mined from the South Pacific island of New Caledonia. As proof, LG Chem provided a certificate of origin for a cobalt shipment in December 2015 for. Zhejiang Huayou Cobalt Co. (ci-après dénommée « Huayou Cobalt » ou « la société ») est une entreprise de haute technologie spécialisée dans la fabrication de nouveaux matériaux énergétiques destinés aux batteries au lithium. Huayou Cobalt possède la chaîne industrielle la plus intégrée, allant de l'extraction jusqu'au recyclage des batteries, en passant par les étapes du. RDC : le chinois Huayou annule son investissement dans une mine de cobalt. L'un des principaux fournisseurs chinois de cobalt revient sur un investissement de 66,3 millions de dollars en RDC, en. Cobalt produced at Huayou's large industrial mine site in DR Congo will be traced from the mine and smelter to LG Chem cathode and battery plants in South Korea, and from there to a Ford plant in the U.S., with an immutable audit trail created on the blockchain, according to the IBM press release

Huayou sells cobalt on to third-party battery makers, who supply electronics and auto companies. Tesla, Samsung, Dell, Renault and BMW all said that, as far as they knew, none of Huayou's DRC. Automaker Ford Motor Co, China's Huayou Cobalt and South Korean battery supplier LG Chem have joined forces in a blockchain project to monitor cobalt supplies from the Democratic Republic of Congo (DRC), an executive at Ford said. Using technology by IBM and overseen by responsible-sourcing group RCS Global, Ford and its partners are working to ensure that the cobalt used in lithium-ion. The Post connected this troubling trade to Zhejiang Huayou Cobalt Company, a Chinese firm that is the largest buyer of artisanal cobalt in Congo and whose minerals are used in Apple products. Huayou Cobalt (SHA:603799) Market Cap: $16.67 billion. Huayou Cobalt has the cobalt smelting capacity of about 16,000 tons and is China's largest cobalt producer. The enterprise focuses on the.

China's top cobalt producer halts buying from Congo miners

Now the technology giant has instructed its smelters to stop purchasing from artisanal mines, though Zhejiang Huayou Cobalt Company, owner of the mines in question, is investigating the allegations. The company also stated it would begin treating cobalt like a conflict mineral. Dive Insight: Sustainability efforts are extremely challenging, especially when product sources come from the other. Other members of the group which was unveiled in January are Huayou Cobalt (which also supplies Apple) and LG Chem as well as responsible sourcing audit specialists RCS Global Group. There's been recent high profile press coverage about child labor and dangerous conditions in artisanal mines in the Democratic Republic of Congo which is home to two-thirds of the world's cobalt reserves ZHEJIANG HUAYOU COBALT CO., LTD. is a China-based company principally engaged in nonferrous metal related businesses. The Company's principal business includes the manufacture of lithium-ion new energy materials, the deep processing of cobalt new materials, and the mining, beneficiation and smelting of cobalt and copper

Apple contro il lavoro minorile: stop temporaneo al

Huayou Cobalt, a leading cobalt supplier and The Impact Facility, an organisation designed to convene supply chains to empower ASM communities and enable diversification of mining economies. Cobalt is a key mineral in battery production and the longer-term transition to a low-carbon economy. This initiative connects cobalt from the ASM operations in Lualaba Province, in the Democratic Republic. The report, released today, lays out how cobalt mined by children as young as seven is sold to a DRC-based subsidiary of Huayou Cobalt, a Chinese company. The subsidiary, Congo Dongfang Mining. According to reports in the Financial Times, Ford will use IBM's Blockchain Platform to track the cobalt taken from a Chinese-owned mine in the Congo through the supply chain and into the batteries in its electric cars, in an effort to ensure they are not linked to human rights abuses.. Lisa Drake, vice-president of global purchasing and power-train operations at Ford, said: We remain.

Zhejiang Huayou Cobalt Co

Most cobalt is produced as a spinoff of copper or nickel mining, however, artisanal miners in southern Congo take advantage of deposits near the floor that are rich in cobalt. The largest purchaser of ore from small-scale miners changed into Congo Dongfang Mining International, an entirely owned subsidiary of Chinese mineral large Zhejiang Huayou Cobalt Ltd, Amnesty observed in its report. ZHEJIANG HUAYOU COBALT CO., LTD. ist ein in China ansässiges Unternehmen, das hauptsächlich im Bereich der Nichteisenmetalle tätig ist. Das Hauptgeschäft des Unternehmens umfasst die Herstellung von neuen Lithium-Ionen-Energiewerkstoffen, die Tiefenverarbeitung von neuen Kobaltwerkstoffen sowie den Abbau, die Aufbereitung und das Schmelzen von Kobalt und Kupfer BBC: Top Tech Firms Sued Over DR Congo Cobalt Mining Deaths. Apple, Google, Tesla and Microsoft are among firms named in a lawsuit seeking damages over deaths and injuries of child miners in the Democratic Republic of Congo. The case has been filed by the International Rights Advocates on behalf of 14 Congolese families The Swedish automaker now joins IBM, Ford, Volkswagen, RCS Global, LG Chem and Huayou Cobalt in the initiative. The RSBN also announced that it completed a pilot for Cobalt provenance launched at Huayou's mine site in the Democratic Republic of Congo. The test demonstrated the use of blockchain for tracking the mineral from mine to the manufacturer, enabling a sustainable supply chain in the.

Huayou - 浙江华友钴业股份有限公司_化工制

le cobalt, la r.d.congo et les couts socio-ecologiques de la high-tech... Overview: This page contains the latest trade data of Cobalt.In 2019, Cobalt were the world's 508th most traded product, with a total trade of $4.83B. Between 2018 and 2019 the exports of Cobalt decreased by -39.2%, from $7.95B to $4.83B. Trade in Cobalt represent 0.027% of total world trade.. Exports: In 2019 the top exporters of Cobalt were Democratic Republic of the Congo ($1.91B), Canada.

Dall'indagine di Amnesty è emerso che la più grande azienda al centro di questo commercio in Rdc è la Congo Dongfang Mining International (Cdm), controllata al 100% dalla cinese Zhejiang Huayou Cobalt Ltd (Huayou Cobalt), uno dei più grandi produttori al mondo di cobalto. La Cdm e la Huayou cobalt successivamente lavorano il cobalto prima di venderlo a tre produttori di componenti di. China's biggest cobalt refiner Zhejiang Huayou Cobalt said on Thursday its overseas unit is pulling out a deal to invest $66.3 million in a cobalt mine in the Democratic Republic of Congo (DRC) after prices of the metal slid. Huayou International Mining had agreed to take a 51% stake in Lucky Resources Holdings Co Ltd, whose wholly owned subsidiary New Minerals Investment holds the DRC's 13235.

Huayou International Mining (Hongkong), a wholly-owned subsidiary of Huayou Cobalt, will invest AUS$13.02 million ($10.26 million) in AVZ Minerals Ltd to fund its Manono project, showing the Chinese cobalt giant's ambitions to gain access to the complete lithium-ion battery supply chain. Located in the south of the Democratic Republic of Congo (DRC), the Manono project is a lithium-rich. Huayou Cobalt gets more than 40% of its cobalt from DRC. Miners working in areas from which CDM buys cobalt face the risk of long-term health damage and a high risk of fatal accidents

Kobaltabbau in der DR Kongo: Minenarbeiter-Familien klagen

Traders first purchase the mined cobalt from small producers, then sell it to Congo Dongfang Mining, which is a subsidiary of Zhejiang Huayou Cobalt Ltd, a Chinese mineral retailer. Battery. The October 2009 amendment relates to the 22 April 2008 collaboration agreement between the Congo, China Railway Group Ltd, Sinohydro Corporation and Zhejiang Huayou Cobalt Co. Ltd. The twelve-page agreement includes clauses originally summarised in a report by the International Monetary Fund and reflected in the Global Witness report, China and Congo: Friends in Need, available here. En septembre, Chen Hongliang, le président de Huayou Cobalt, société mère de Congo DongFang a indiqué au WP que sa firme ne s'était jamais interrogée sur la manière dont ses minerais étaient obtenus, bien qu'ayant des exploitations au Congo et dans des villes telles que Kolwezi depuis une décennie. « Il s'agit là d'une lacune de notre part », a déclaré Chen dans une. Il nuovo rapporto di Amnesty ha esaminato i progressi fatti dalle 28 aziende tecnologiche più importanti che sono attualmente in rapporto con la Huayou Cobalt o che acquistano cobalto in Congo. Huayou Cobalt, maillon essentiel de la chaîne reliant la RDC à un grand nombre des entreprises évaluées dans le rapport, a réalisé des progrès depuis le rapport de 2016 d'Amnesty, notamment avec une amélioration de sa transparence. Des lacunes subsistent cependant, ce qui rend difficile l'évaluation de la qualité et de l'efficacité de ses pratiques en matière de diligence raisonnable

CATL Pays USD137.5 Million for Stake in China Moly's Copper, Cobalt Mine in Congo. (Yicai Global) April 12 -- A unit of Contemporary Amperex Technology, a global leader in lithium-ion batteries for electric vehicles, will take a stake in a Congolese copper and cobalt mine of China Molybdenum for USD137.5 million. Shares of both companies gained HUAYOU Cobalt, China's biggest cobalt producer, will stop buying from individuals in the Democratic Republic of Congo (DRC) owing to pressure from customers and rights groups concerned about child labour in the informal mining sector, said the Financial Times.. The newspaper said Huayou, one of the top global suppliers of the metal used in batteries for electric cars and mobile devices, has. 5 Cobalt Producers Outside the Democratic Republic of Congo Huayou Cobalt (SHA:603799). Huayou Cobalt has the cobalt smelting capacity of about 16,000 tons and is China's largest... GEM Co. (SHE:002340). Formerly Shenzhen Green Eco-manufacture Hi-tech, GEM held about 15,000 tons of cobalt metal. indicating if Huayou Cobalt referred to Zhejiang Huayou Cobalt Company, Huayou New Energy Technology (Quzhou) Co., Ltd., and/or its subsidiaries (Congo Dongfang Mines; CDM), or all. Additionally, Huayou has established two more policies that shows the requirements for responsible sourcing of cobalt. - Supplier Code of Conduct - Supplier Standard for responsible sourcing of Cobalt B) Company.

An international advocacy group has accused Apple, Google, Microsoft, Dell and Tesla of knowingly benefiting from the use of young children to mine cobalt in the Democratic Republic of Congo Congo Dongfeng International buys the majority of the ore from the traders and, after smelting and refining, cobalt is sent to the holding company in China. Zhejiang Huayou Cobalt further processes the mineral then sells the ore to consumer electronics companies, which, in turn, use the cobalt in batteries and sells the final products. Due to the involvement of many middle-level players, like.

Child labour behind smart phone and electric car batteriesApple, Samsung And Sony Linked To Child Labour Claims InRDC : la Gécamines cède deux gisements pour 52 millions deThe cobalt pipeline: From dangerous tunnels in Congo to

The Fair Cobalt Alliance (FCA) - founded by charity The Impact Facility, Fairphone, Signify and Huayou Cobalt - aims to improve working conditions in cobalt mines in the Democratic Republic of Congo (DRC), which produces more than two-thirds of global cobalt supply. The FCA has established a programme to support artisanal and small-scale mining (ASM), which accounts for 10-20% of cobalt. Child miners aged four living a hell on Earth so YOU can drive an electric car: Awful human cost in squalid Congo cobalt mine that Michael Gove didn't consider in his 'clean' energy crusad Congo Cobalt Corporation (CCC) Congo Dongfang International Mining (CDM) Congo International Mining Corporation (CIMCO) Congolaise des Mines et du Développement (COMIDE) Congolaise d'Exploitation Minière (Cominière) Congo Loyal Will Mining (CLWM) Cota Mining (Cota) De Beers DRC Exploration (De Beers) Entreprise Minière de Kisenge Manganèse (EMK-Mn) Entreprise Minière de Musoshi (EMM. An online repository of publicly available contracts for large-scale land, agriculture, and forestry projects. The repository includes the full text of contracts; plain language summaries of each contract's key social, environmental, human rights, fiscal, and operational terms; and tools for searching and comparing contracts Fourteen families in the Democratic Republic of Congo, a cobalt-rich nation, are suing five tech giants for knowingly benefiting from the use of children to mine the mineral, which is used. IBM and Ford lead blockchain scheme to stop Congo's bleeding cobalt. D.R Congo produces over 60 percent of global cobalt product, but it is dented by poor human rights record. As the race for electric cars picks pace, efforts to use blockchain technology to trace the minerals are taking off. Democratic republic of Congo produces two-thirds of.

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