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JD Neuhaus

Launch of the Fair Cobalt Alliance: Working together to improve Conditions in Cobalt Mines and Communities in the Democratic Republic of Congo

  • Founding members of the Fair Cobalt Alliance (FCA), Fairphone, Signify, Huayou Cobalt and The Impact Facility, are today joined by Glencore, the Responsible Cobalt Initiative (RCI), Sono Motors, and Lifesaver to launch the FCA
  • The demand for the minerals in battery production, including cobalt, is set to increase to power the transition to a greener economy
  • The FCA is set up to work with the Democratic Republic of Congo (DRC) government and civil society partners to tackle problems in the cobalt supply chain linked to artisanal and small scale mining (ASM), such as poor working conditions and child labour, and build a source of responsible cobalt from the ASM sector
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Glencore to join The Responsible Sourcing Blockchain Network

Glencore PLC (Glencore), one of the world’s largest industrial cobalt producers, announces that it is to join the Responsible Sourcing Blockchain Network (RSBN). RSBN is an industry collaboration utilising blockchain technology to support responsible sourcing and production practices from mine to market. With members spanning downstream auto brands, refiners and miners, the network’s blockchain has moved beyond proof of concept and is on track to become commercially operational by spring 2020.

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Update on Subpoena from United States Department of Justice

On 3 July 2018, Glencore announced that a subsidiary had received a subpoena from the United States Department of Justice (the "DOJ") to produce documents and other records with respect to compliance with the Foreign Corrupt Practices Act and United States money laundering statutes. The requested documents relate to the Glencore Group's business in Nigeria, the Democratic Republic of Congo and Venezuela from 2007 to present.

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Glencore completes Acquisition of voting Shares of Volcan Compañia Minera S.A.A.

Glencore refers to its announcement of 3 October 2017, in which it announced that it intended to make an offer to all of Volcan's shareholders via a public tender offer or oferta pública de adquisición de acciones subject to the laws and regulations of the Republic of Peru for up to 48.19% of the total class A common shares of Volcan at an offer consideration of US$1.215 per class A common share ("Offer").

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