MINING INDABA: Ford, Huayou Cobalt in blockchain project to monitor DRC cobalt supplies

摘要

Automaker Ford Motor Co, China's Huayou Cobalt and South Korean battery supplier LG Chem have joined forces in a blockchain project to monitor cobalt supplies from the Democratic Republic of Congo (DRC), an executive at Ford said.Using technology by IBM and overseen by responsible-sourcing group RCS Global, Ford and its partners are working to ensure that the cobalt used in lithium-ion batteries for electric vehicles has not been produced in conflict zones or mined using child labor.