Glencore, CMOC and ERG to pilot blockchain solution for cobalt tracing

Major metals and mining companies CMOC, Eurasian Resources Group (ERG) and Glencore are, in collaboration with battery material supplier Umicore, piloting ReISource – a solution to trace responsibly produced cobalt from the mine to the electric car. Re|Source has been designed to proactively address the growing need for cobalt value chain visibility. It deploys various technologies, including blockchain and zero-knowledge proofs, to link digital flows with physical material flows on the ground.

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