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Spotlight | Africa
Glencore strives to overtake rival Trafigura on "responsible" cobalt

An open pit at Tenke Fungurume, a copper and cobalt mine.
An open pit at Tenke Fungurume, a copper and cobalt mine. © Jonny Hogg/Reuters
Through the Fair Cobalt Alliance which it co-founded, Swiss trading giant Glencore aims to improve the social and environmental image of its Congolese cobalt operations. It hopes in this way to gain an advantage over its rival Trafigura, which in turn, is banking on its artisanal mining partnership with Gécamines. [...]
Published on 08.02.2022 at 05:00 GMT Reading time 3 minutes
Mining, Commodity traders, Business

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