cobalt News

Some top metal and mining companies have come together to trace cobalt used in electric cars with the help of blockchain technology.  Tracing Cobalt With Blockchain  According to an official announcement on Thursday (May 20, 2021), Switzerland-based commodity trading and…

Swedish automotive brand Polestar is utilizing blockchain technology to ensure traceability and transparency for cobalt in its batteries. Using Blockchain for Cobalt Tracing According to The Next Web on Monday (Feb. 8, 2021), Frederika Klarén, the head of sustainability at…

The automaker giant, Volvo, will invest in Circulor–a London-based blockchain firm, to monitor the supply chain of additional materials used in the manufacture of electric batteries, the Financial Times on July 8, 2020, has revealed. Volvo to Inject Millions in Circulor The investment, thought…

Major car manufacturer Mercedes-Benz is running a pilot test using blockchain technology to track carbon dioxide (CO2) emissions across its cobalt supply chain. The project is the latest to apply decentralized ledger technology (DLT) for provenance and supply chain management…

Fiat Chrysler Automobiles (FCA), an Italian-American multinational corporation that’s currently the eight largest auto manufacturer in the world, has joined the Responsible Sourcing Blockchain Network (RSBN), a consortium made up of tech giant, IBM, Ford Motor Company and others. The…

HashCash Consultants announced a partnership with a consortium of car manufacturing companies to build a blockchain platform to help facilitate the tracking of minerals for battery construction. This according to news published by PRNewswire on November 18. Challenges in Mineral…

Volvo, one of the world’s foremost car manufactures, has adopted blockchain technology in a humanitarian manner. As per an article posted by The Business Times, August 5, 2019, the carmaker is using the tech to monitor the supply of cobalt…

U.S. car manufacturer Ford, technology giant IBM, South Korean cathode maker LG Chem, and Chinese mining company Huayou Cobalt have joined forces in the first cobalt supply chain tracking and monitoring blockchain project in the Democratic Republic of Congo. Making…