Swiss cobalt traders Glencore and Trafigura deal very differently with small-scale miners in the Democratic Republic of Congo (DRC), many of whom are children. Eight kilograms of cobalt are needed for every electric car battery. More than 70% of the increasingly sought-after metal is mined in the southeast of the DRC.
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Artisanal small-scale mining (ASM)
The Democratic Republic of Congo’s (DRC’s) newly established mining company – Entreprise Générale du Cobalt (EGC) – would ensure the country’s artisanal and small-scale mining (ASM
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The Democratic Republic of Congo’s (DRC’s) newly established mining company – Entreprise Générale du Cobalt (EGC) – will ensure the country’s artisanal and small-scale mining (ASM) sector benefits from the energy transition through the establishment of legal and ethical channels for off-taking of the cobalt produced in the country, commodity trading company Trafigura corporate
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Child Labor. Small-scale mining in the DRC involves people of all ages, including children, obligated to work under harsh conditions. Of the 255,000 Congolese mining for cobalt, 40,000 are children, some as young as six years. Much of the work is informal small-scale mining in which laborers earn less than $2 per day while using their own tools
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The Artisanal and Small-Scale Mining (ASM) Cobalt ESG Management Framework (hereinafter referred to as ASM Cobalt Framework) is a progressive set of expectations for the responsible sourcing of artisanal and small-scale mined cobalt in the Democratic Republic of the Congo that has been developed, consulted on, and supported by global cobalt supply chain actors, governments, international
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This is currently only guaranteed in large-scale industrial mining. However, around 20 percent of cobalt produced in the Congo originates from artisanal mines where workers mine cobalt on a small scale using simple tools,” says Claudia Becker, expert for sustainable purchasing at the BMW Group.
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Child Labor. Small-scale mining in the DRC involves people of all ages, including children, obligated to work under harsh conditions. Of the 255,000 Congolese mining for cobalt, 40,000 are children, some as young as six years. Much of the work is informal small-scale mining in which laborers earn less than $2 per day while using their own tools
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The clean energy revolution hinges on the Democratic Republic of Congo — where conflict, corruption, and child labor are rife. Begin. By Nima Elbagir, Dominique van Heerden, and Eliza Mackintosh
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The DRC’s cobalt mining can be broadly divided into two categories: industrial or large-scale mining (LSM) and artisanal and small-scale mining (ASM). ASM mining peaked at about 18,000t in 2018 – representing 21% of DRC’s cobalt supply – but plummeted to about 7,000t in 2020 – amounting to a mere 7% – according to Darton Commodities .
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According to the market analyst, if the state-owned company is able to capture all of the 8,000 tonnes of cobalt expected to be produced by artisanal and small-scale miners in the African country
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Congo’s Entreprise Générale du Cobalt (EGC) could become the world’s fourth-largest cobalt producer by 2021, according to a new report from Roskill. According to the company, if the state-owned company is able to capture all 8,000 tons of cobalt expected to be produced by artisanal and small-scale miners in the African country, then it
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The Fair Cobalt Alliance (FCA) has launched with the aim of supporting communities and improving mining conditions in the Democratic Republic of Congo (DRC). Around two-thirds of global cobalt production comes from within the African country, and roughly one-fifth of this is sourced via artisanal or small-scale mining (ASM) operations.
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Demand for cobalt is projected to surge fourfold by 2030 in pace with the electric vehicle boom. However, mining in the Democratic Republic of Congo is risky because of the prevalence of artisanal small-scale mining. Artisanal mining is often carried out by hand, using basic equipment.
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That leaves Western investors and mining companies that are already in Congo little choice but to work with him as the growing demand for cobalt makes the small-scale mines — which account for
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However, mining in the Democratic Republic of Congo is risky because of the prevalence of artisanal small-scale mining. Artisanal mining is often carried out by hand, using basic equipment.
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Congo’s cobalt production has been sinking in step with a slide in the price of the metal. The first quarter of 2020 saw a 15.2% drop in cobalt exports compared to the same period last year.
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The Artisanal and Small-Scale Mining (ASM) Cobalt ESG Management Framework (hereinafter referred to as ASM Cobalt Framework) is a progressive set of expectations for the responsible sourcing of artisanal and small-scale mined cobalt in the Democratic Republic of the Congo that has been developed, consulted on, and supported by global cobalt supply chain actors, governments, international
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While the post-COVID-19 world looks at ‘building back better’, little has changed for artisanal cobalt miners in the Democratic Republic of Congo (DRC). Over the last 12 months, IIED’s research in partnership with Afrewatch DRC has found nascent efforts to improve the sector to be at risk of creating “islands of responsibility” while failing to drive the broad based societal
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