Daimler extends efforts to create sustainable materials supply chain

By Andrea Hotter / May 21, 2018 / www.metalbulletin.com / Article Link

Carmaker Daimler AG has gone "on the offensive" to secure a sustainable raw materials supply chain and has developed a number of initiatives across key raw materials to create transparency and to protect human rights, the Germany-based group has said.

The move comes amid continuing concerns about unsafe working conditions and the use of child labor in artisanal mining, particularly for cobalt in the Democratic Republic of Congo (DRC). The country is the world's largest producer of cobalt and also has more than 50% of the global cobalt reserves.Daimler, which owns Mercedes-Benz Cars among others, does not buy its cobalt, lithium and nickel directly from mines but instead makes its purchases through a network of sub-suppliers beyond the primary supply level, it said.It added that it requires its suppliers to communicate and monitor its...

Recent News

Gold stocks propelled by gain in metal and equities

May 13, 2024 / www.canadianminingreport.com

Big Gold producers report strong Q1/24 results

May 13, 2024 / www.canadianminingreport.com

Gold stocks decline as metal drop offsets equity risk on

May 06, 2024 / www.canadianminingreport.com

Canadian mining equity capital raising robust in 2023, early 2024

May 06, 2024 / www.canadianminingreport.com

Gold stocks gain even as metal price pulls back

April 29, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok