Looks like a fix to their Congo supply chain issue. Our Lithium could be heading to Apple?
——
According to a joint Amnesty International and African Resources Watch report,[5] Congo DongFang International Mining, a subsidiary of Huayou Cobalt, sources cobalt from primitive "artisanal" mines in the Democratic Republic of the Congo, where there are few worker protections and child labor has been employed.[6][7] Apple Inc. said that approximately 20% of the lithium in Apple's batteries were sourced from Huayou Cobalt.[6]
In response, Huayou Cobalt admits to having "insufficient awareness of supply chain management", and did not know that buying artisanal cobalt would increase child labor.[8]
In 2016, Apple said that starting in 2017, they will treat cobalt as a conflict mineral, and require all cobalt suppliers to agree to outside supply-chain audits and risk assessments.[8] After a 2017 Sky News follow-up that showed that child labor continued to be utilized,[9] Apple said it stopped buying cobalt mined by hand in DRC entirely.[
- Forums
- ASX - By Stock
- 1MC
- Ann: Response to Speculation
Ann: Response to Speculation, page-569
-
-
- There are more pages in this discussion • 1,170 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 1MC (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $7.581M |
Open | High | Low | Value | Volume |
2.8¢ | 3.1¢ | 2.8¢ | $1.309K | 44.68K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 37805 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 10673 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 37805 | 0.029 |
4 | 442579 | 0.028 |
1 | 61938 | 0.027 |
5 | 280423 | 0.025 |
2 | 125000 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 10673 | 1 |
0.031 | 295524 | 4 |
0.032 | 92168 | 2 |
0.033 | 378549 | 3 |
0.034 | 270000 | 1 |
Last trade - 13.25pm 04/10/2024 (20 minute delay) ? |
Featured News
1MC (ASX) Chart |