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Posts Tagged: Glencore

GM and Glencore enter multi-year cobalt supply agreement

GM and mining giant Glencore have announced a multi-year sourcing agreement under which Glencore will supply GM with cobalt from its Murrin Murrin operation in Australia, to be used in GM’s Ultium battery cathodes. Both Glencore and GM are members of the Responsible Minerals Initiative (RMI), and Glencore’s Murrin Murrin operation conforms to the OECD-aligned… Read more »

Glencore and Britishvolt sign partnership for long-term supply of cobalt

Global mining giant Glencore has announced a long-term strategic partnership for the supply of responsibly sourced cobalt with battery startup Britishvolt. Glencore has also made an undisclosed investment in Britishvolt.  By securing a supply of a key battery ingredient from Glencore, Britishvolt hopes to significantly derisk its operations. David Brocas, Head Cobalt Trader for Glencore,… Read more »

EV supply chain companies pilot blockchain solution for cobalt traceability

Metals and mining companies CMOC, Eurasian Resources Group (ERG) and Glencore, in collaboration with battery material supplier Umicore, are piloting Re|Source, a solution to trace responsibly produced cobalt from the mine to the EV. The pilot will be tested in real operating conditions, from upstream cobalt production facilities in the Democratic Republic of the Congo… Read more »

SK Innovation and Glencore sign six-year cobalt supply deal

Global mining giant Glencore has signed a deal to supply Korean battery-maker SK Innovation with up to 30,000 tons of cobalt contained in hydroxide between 2020 and 2025. Glencore expects global demand for cobalt for EV batteries to reach 92 kilotons by 2025. The quantity of cobalt supplied under this contract will allow SK Innovation… Read more »