“The line of ownership is clear in the supply chain at this stage, as China owns or finances most cobalt mines in the DRC, and China imports almost 90% of its cobalt from the DRC,” the dossier notes. “Chinese companies use cobalt tainted with child labor to manufacture battery components, such as cathodes, which in turn are used to make lithium-ion batteries. Sources estimate that at least half of all cobalt ends up in rechargeable batteries. This creates enormous labor risks for the electronics industry, electric vehicle supply chains, and other goods that depend on lithium-ion batteries.”One of the main conclusions in the report is that as the world is shifting toward generating clean and renewable energy, it is important for companies to track the cobalt supply chain by acquiring knowledge of trade data, supplier information, transport routes, and processing steps. Demanding such information and conducting their own research, will give companies “fewer excuses—such as the distance between raw materials and the finished product or supply chain complexity—to point to their lack of accountability in determining if a supply chain is tainted with child labor or forced labor,” the reports states. QUOTE COB is developing a primary resource with sought after ESG credentials in a secure long term jurisdiction IMO
https://www.mining.com/us-government-includes-li-ion-batteries-in-list-of-goods-produced-by-child-labor/
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Last
5.6¢ |
Change
0.003(5.66%) |
Mkt cap ! $24.91M |
Open | High | Low | Value | Volume |
5.5¢ | 5.6¢ | 5.4¢ | $10.88K | 197.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6928 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 219774 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6928 | 0.055 |
1 | 100000 | 0.054 |
8 | 476619 | 0.053 |
10 | 324787 | 0.052 |
3 | 293090 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 114774 | 2 |
0.057 | 46439 | 2 |
0.058 | 115580 | 3 |
0.060 | 104540 | 2 |
0.061 | 115000 | 1 |
Last trade - 15.55pm 25/07/2025 (20 minute delay) ? |
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