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Is Cobalt the Next Conflict Mineral?

Joe Mont | January 22, 2016

Under the Securities and Exchange Commission’s conflict minerals rule, public companies are required to track the source of tantalum, tin, gold, and tungsten in their supply chains, an effort to strike against mining operations that finance violent militia groups in the Democratic Republic of the Congo. A push is on to require similar measures for cobalt.

The call for additional supply chain due diligence is made in a new report by Amnesty International that cites a prevalence of child labor in cobalt mining.

“Companies must not simply discontinue a trading relationship with a supplier or embargo DRC cobalt once human rights risks have been identified in the supply chain. They must take remedial action on the harm suffered by people whose human rights were abused,”...

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