Cobalt is used in the production of electric cars. Accurately tracing the material will help improve supply chain integrity and show sourcing is not reliant on child labor or conflict minerals.
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Blockchain to Be Deployed in Cobalt Sourcing to Combat Conflict Mineral Use
Glencore, a trading and mining company, is teaming up with Umicore, which supplies battery materials, to trace cobalt sources using blockchain technology. So reports Reuters.
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