Quote:
Originally Posted by Mr.Coffee
Where does the rest of the cobalt come from? That is interesting. I literally just read a banking analysis like 2 months ago that said a huge portion of cobalt supply (I recall it being something insane like 70-80%) comes from West Africa. I’m not sure there’s a less stable region on Earth.
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Most does come from that region, but the specific ethical issues in mining Cobalt in the DRC (child labour/slave labour) are from the "artisinal" mines in that region that are essentially front for organized crime. Less than 10% of the world's Cobalt is from these mines, and less than 20% of the cobalt mined is used in EVs.
Currently EV manufacturers are commited to transparent and ethical supply chains and we should hold them accountable to that in the same way we demand it for other industries like O&G, textiles, food and others.
https://pluginbc.ca/an-introduction-...es-and-cobalt/