Child labour

Global and China Cobalt Markets, 2014-2018 & 2019-2023: Industry Chain Focuses on Upstream, Mindstream, & Downstream

Retrieved on: 
Thursday, June 6, 2019

The industry chain of cobalt mainly includes cobalt ore mining and dressing (upstream), cobalt smelting and processing (midstream) and terminal utilization of cobalt (downstream).

Key Points: 
  • The industry chain of cobalt mainly includes cobalt ore mining and dressing (upstream), cobalt smelting and processing (midstream) and terminal utilization of cobalt (downstream).
  • In the upstream, Congo (Kinshasa) accounts for nearly half of the global cobalt ore reserves and production; in the midstream, China contributes nearly half to global production capacity and production volume of cobalt salts, cobalt and cobalt powder; in the downstream, cobalt is applied in batteries, high-temperature alloys, cemented carbides, magnetic materials, etc.
  • In recent years, global cobalt production stay above 100,000 tons/year and cobalt demand is also small.
  • As the global new energy vehicle industry is developing rapidly, the global cobalt demand will also continue to rise.

Independent Private Sector Audit Supports Signet’s Sixth Disclosure That Its Jewelry Is “DRC Conflict Free”

Retrieved on: 
Wednesday, May 29, 2019

Signet Jewelers Limited(Signet) (NYSE:SIG), the world's largest retailer of diamond jewelry, today filed its sixth consecutive Form SD and Conflict Minerals Report with theU.S.

Key Points: 
  • Signet Jewelers Limited(Signet) (NYSE:SIG), the world's largest retailer of diamond jewelry, today filed its sixth consecutive Form SD and Conflict Minerals Report with theU.S.
  • As has been the case for each of the past six years, Signets Conflict Minerals Report has been accompanied by an independent private-sector audit report that supports Signets disclosure that it has obtained its supply of the minerals covered by Section 1502 gold, tin, tantalum and tungsten (3TG) from Democratic Republic of The Congo (DRC) conflict free sources.
  • Our customers care about the integrity of our jewelry sourcing, said Signet Chief Executive Officer Virginia C. Drosos.
  • Signets Conflict Minerals Report reflects the complexity and breadth of the jewelry supply chain, and demonstrates the companys commitment to continuous improvement in the integrity of the global jewelry supply chain.

Blue Sage Capital Exits Cobalt Environmental Solutions

Retrieved on: 
Tuesday, May 21, 2019

Blue Sage Capital announced today that it closed on the sale of Cobalt Environmental Solutions (Cobalt) to Bison , an Oklahoma-based water infrastructure, logistics and solutions provider.

Key Points: 
  • Blue Sage Capital announced today that it closed on the sale of Cobalt Environmental Solutions (Cobalt) to Bison , an Oklahoma-based water infrastructure, logistics and solutions provider.
  • Blue Sage created Cobalt as an oilfield waste platform in 2014 and made its initial investment to finance an acquisition in April 2014.
  • During the period in which Blue Sage owned Cobalt, revenue grew by approximately 3x.
  • Blue Sage Capital is an Austin, Texas-based private equity firm that has invested in profitable, growing, lower middle-market companies since 2002.

Cobalt-60 (CAS 10198-40-0) Market Research Report 2018 - ResearchAndMarkets.com

Retrieved on: 
Monday, May 20, 2019

The "Cobalt-60 (CAS 10198-40-0) Market Research Report 2018" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Cobalt-60 (CAS 10198-40-0) Market Research Report 2018" report has been added to ResearchAndMarkets.com's offering.
  • This Global Report 2018 is a result of industry experts' diligent work on Researching the world market of cobalt-60.
  • The report helps to build a clear view of the market (trends and prospects), identify major players in the industry, and estimate main downstream sectors.
  • The forth chapter deals with cobalt-60 market trends review, distinguish cobalt-60 manufacturers and suppliers.

Bison Acquires Additional Water Midstream Companies, Expands Water Infrastructure and Launches New Technology Group

Retrieved on: 
Monday, May 6, 2019

Bison anticipates all Cobalt employees will remain with the company, including Patrick Brandt, CEO of Cobalt, and Jonathan Hood, COO of Cobalt, who will join Bison's water infrastructure division as Vice President and Director, respectively.

Key Points: 
  • Bison anticipates all Cobalt employees will remain with the company, including Patrick Brandt, CEO of Cobalt, and Jonathan Hood, COO of Cobalt, who will join Bison's water infrastructure division as Vice President and Director, respectively.
  • Bison has also materially expanded its permanent water infrastructure across the SCOOP, STACK and Merge.
  • Bison is also excited to announce that is has recently launched Bison Technologies, a new technology business focused on solving the energy industry's most challenging water, logistics and infrastructure-related problems.
  • "We are continuing to evaluate numerous opportunities to expand our platform across the state, including additional acquisitions, greenfield infrastructure buildout and the deployment of new technology solutions.

April 29 National Press Club Headliners Panel to explore "The human cost of blue jeans: A progress report on child and forced labor in the cotton supply chain"

Retrieved on: 
Wednesday, April 24, 2019

Human rights groups, activists and media for years raised the alarm about child and forced labor in the cotton fields of Uzbekistan and Turkmenistan, prompting many clothing manufacturers to take a hard look at their supply chains and pull out of the countries.

Key Points: 
  • Human rights groups, activists and media for years raised the alarm about child and forced labor in the cotton fields of Uzbekistan and Turkmenistan, prompting many clothing manufacturers to take a hard look at their supply chains and pull out of the countries.
  • The U. S. Labor Department on March 31 removed Uzbek cotton for its list of commodities produced by forced or indentured child labor, saying the country had reduced such practices to "isolated incidents."
  • This news conference is open to credentialed media and members of the National Press Club free of charge, however registration is required.
  • The National Press Club is located on the 13th Floor of the National Press Building at 529 14th St., NW, Washington, D.C.
    View original content to download multimedia: http://www.prnewswire.com/news-releases/april-29-national-press-club-hea...

CRU: With Cobalt from the DRC Rising, Tracing the Source is Vital - Could Blockchain Tech be the Solution

Retrieved on: 
Tuesday, April 2, 2019

It is believed that as many as 100,000 diggers, sorters and washers are involved in the artisanal mining trade in the DRC.

Key Points: 
  • It is believed that as many as 100,000 diggers, sorters and washers are involved in the artisanal mining trade in the DRC.
  • When done correctly, artisanal mining can be an ethical source of low-cost, high-grade cobalt which also puts income directly into the hands of locals with very few alternative options available to them.
  • Artisanal mining in the DRC has increased dramatically between 2016 and 2018 on the back of strong demand growth and rising prices.
  • CRU big enough to deliver a high-quality service, small enough to care about all of our customers.

CRU: With Cobalt from the DRC Rising, Tracing the Source is Vital - Could Blockchain Tech be the Solution

Retrieved on: 
Tuesday, April 2, 2019

It is believed that as many as 100,000 diggers, sorters and washers are involved in the artisanal mining trade in the DRC.

Key Points: 
  • It is believed that as many as 100,000 diggers, sorters and washers are involved in the artisanal mining trade in the DRC.
  • Artisanal miners often work independently and sell their ore to local co-operatives, who sell it to local merchants and traders, who in turn sell to international traders.
  • When done correctly, artisanal mining can be an ethical source of low-cost, high-grade cobalt which also puts income directly into the hands of locals with very few alternative options available to them.
  • Artisanal mining in the DRC has increased dramatically between 2016 and 2018 on the back of strong demand growth and rising prices.

Cobalt Iron and Tech Data Partner to Extend Access to Smart, Secure, Automated Data Protection

Retrieved on: 
Tuesday, February 19, 2019

Cobalt Iron Inc., a leading provider of enterprise data protection SaaS, and Tech Data Corporation, a global technology distributor, today announced a distribution partnership for Cobalt Iron products, including the companys Adaptive Data Protection (ADP) SaaS enterprise backup solution, throughout the United Kingdom.

Key Points: 
  • Cobalt Iron Inc., a leading provider of enterprise data protection SaaS, and Tech Data Corporation, a global technology distributor, today announced a distribution partnership for Cobalt Iron products, including the companys Adaptive Data Protection (ADP) SaaS enterprise backup solution, throughout the United Kingdom.
  • As we continue to expand the Cobalt Iron footprint in the U.K. market, Tech Data will be a valuable partner in addressing customer and partner demand for next-generation automated and analytics-driven data protection, said Mark Ward, chief operating officer at Cobalt Iron.
  • Tech Data has both an impressive reputation and extensive reach in these markets, and we look forward to working together to drive business partners awareness of the benefits that smart, secure, automated data protection everywhere brings to the enterprise.
  • Cobalt Iron is the global leader in SaaS-based enterprise data protection.

Government must end era of throwaway fashion

Retrieved on: 
Tuesday, February 19, 2019

The Environmental Audit Committee report on Fixing Fashion: Clothing consumption and sustainability published

Key Points: 


Taxation should also be reformed to reward companies that offer clothing repairs and reduce the environmental footprint of their products.

Chair's comments

  • Fast fashion means we overconsume and under use clothes.
  • As a result, we get rid of over a million tonnes of clothes, with 140m worth going to landfill, every year.
  • Behind the perfect Instagram profiles and the pristine shop fronts of our fashion retailers the reality is shocking.
  • Illegally low pay, the use of child labour, prison labour, forced labour and bonded labour in the global garment supply chain.

Committee’s key recommendations

    Sustainable clothing: “voluntary approach has failed”

    • It concludes that a voluntary approach to improving the sustainability of the fashion industry is failing with just 10 fashion retailers signed up to reduce their water, waste and carbon footprints.
    • It is also recommended that Government work with retailers to increase use of digital supply chain technology for better traceability.

    New economic models for fashion

    • The MPs say that we need new economic models for fashion which are based on reducing the material consumption associated with growth.
    • To drive improvements, the Government should reform taxation to reward fashion companies that design products with lower environmental impacts.

    Government must act to end the era of throwaway fashion

    • Around 300,000 tonnes of clothing ends up in household bins every year with around 80% of this incinerated and 20% sent to landfill.
    • The Government should offer incentives for design for recycling, design for disassembly and design for durability.

    Changing the law to end labour exploitation

    • Most clothes sold in the UK are produced in Asian countries with low labour costs and weak environmental governance.
    • Recently there has been a growth in garment manufacturing in UK as brands and retailers seek to respond faster to consumer demand.

    Further information