Child labour

Cobalt's Importance Underscored by Critical Minerals Listing, Rising EV Sales

Retrieved on: 
Wednesday, October 17, 2018

The demand and critical importance of cobalt is only expected to increase as the Li-ion battery quickly moves toward ubiquity in civilian computerized applications as well.

Key Points: 
  • The demand and critical importance of cobalt is only expected to increase as the Li-ion battery quickly moves toward ubiquity in civilian computerized applications as well.
  • Though the wars have subsided, cobalt-rich DRC still reportedly has serious political and ethical problems compromising its place in the minerals market.
  • The world's largest producer of cobalt, the Republic allegedly uses child labor to procure the mineral in the country's artisanal mines.
  • EV automakers, battery producers and big tech companies are struggling to keep cobalt sources flowing yet free from abusive child labor.

Taking Action On Canada's Child Labour Problem

Retrieved on: 
Tuesday, October 16, 2018

The report offers realistic solutions, including legislative action, that can and should be adopted to address child and forced labour in Canadian supply chains, according to World Vision, Canada's largest international development and relief organization.

Key Points: 
  • The report offers realistic solutions, including legislative action, that can and should be adopted to address child and forced labour in Canadian supply chains, according to World Vision, Canada's largest international development and relief organization.
  • "After hearing children around the world, I can say with conviction that child labour is also a Canadian issue.
  • Canada risks falling behind in the global fight to eliminate child and forced labour in supply chains.
  • Four significant jurisdictions, the UK, California, the Netherlands and France, have all passed legislation to address modern slavery and/or child labour in their supply chains
    A Call to Action: Ending the Use of All Forms of Child Labour in Supply Chains: HERE
    No Child for Sale digital media kit with photos, stories and reports on child labour: HERE
    Background information on child labour in Canadian supply chains: HERE
    World Vision is a Christian relief, development, and advocacy organization working to create lasting change in the lives of children, families, and communities to overcome poverty and injustice.

Cobalt 27 Announces Results of Annual General and Special Meeting of Shareholders and Appointment of Philip Williams to the Board of Directors

Retrieved on: 
Tuesday, August 14, 2018

Mr. Philip Williams, who was newly elected to the Board of Directors of Cobalt 27, brings more than 15 years of mining and finance industry experience.

Key Points: 
  • Mr. Philip Williams, who was newly elected to the Board of Directors of Cobalt 27, brings more than 15 years of mining and finance industry experience.
  • In each of these roles, he focused a significant amount of time on the exploration industry.
  • In late 2008, he joined Pinetree Capital, a natural resource focused investment fund, in the role of VP Business Development.
  • During his time there, he was responsible for analyzing and monitoring investments and was also appointed to the board of directors of several investee companies.

Indonesia May Provide Answer For Electronic Industry's Growing Cobalt Problem

Retrieved on: 
Thursday, July 19, 2018

Outside of the DRC, the next richest source of cobalt is contained in so-called nickel laterite deposits that are spread across Indonesia and the Philippines.

Key Points: 
  • Outside of the DRC, the next richest source of cobalt is contained in so-called nickel laterite deposits that are spread across Indonesia and the Philippines.
  • Cobalt is unrivalled as an essential element for high-end batteries, allowing mobile phones and next-generation car batteries to discharge energy effectively.
  • The LME recently increased its scrutiny of companies that source cobalt from the DRC in the light of fresh concerns about the sourcing of cobalt.
  • Panasonic, the exclusive supplier of electronic batteries to Tesla, will more than triple cobalt consumption in five years , according to Reuters.

Data Projects That Burgeoning EV Dependency Will Bolster the Cobalt Market

Retrieved on: 
Thursday, June 28, 2018

According to a report by Reuters, citing data compiled by Stratistics Market Research, the Global Cobalt Market is expected to grow at a CAGR of 10.3% from 2017 to 2026.

Key Points: 
  • According to a report by Reuters, citing data compiled by Stratistics Market Research, the Global Cobalt Market is expected to grow at a CAGR of 10.3% from 2017 to 2026.
  • Furthermore, the market is expected to be driven by the demand for lithium-ion batteries as well as a variety of other applications such as cobalt alloys for airplane engines.
  • The batteries are widely used in rechargeable consumer electronic products, however with the rising demand for electric vehicles, the cobalt market is projected to see significant growth.
  • of contained cobalt in inferred resources at Bornite reported, is one of the largest cobalt resources in North America.

The Future Depends on Innovative Policies, Responsible Business Conduct and People-centred Technology

Retrieved on: 
Friday, June 15, 2018

We can design the future of work we want, but there is general concern about what the future will bring.

Key Points: 
  • We can design the future of work we want, but there is general concern about what the future will bring.
  • We should give people greater confidence in the future through good business conduct and public policies."
  • "Businesses have a central role to play in fighting the global scourge of forced labour.
  • Leading into the Summit, the ILO launched a new Business Network on Forced Labour that will help enterprises make progress on the elimination of forced labour and trafficking.

Ugly Side of the Canadian Beauty Industry

Retrieved on: 
Tuesday, June 12, 2018

The "Hidden Cost of Beauty" report uncovers the high risk of child labour in Canada's multi-billion dollar cosmetics market and stresses the need for legislative action and other realistic solutions to address this Canadian issue.

Key Points: 
  • The "Hidden Cost of Beauty" report uncovers the high risk of child labour in Canada's multi-billion dollar cosmetics market and stresses the need for legislative action and other realistic solutions to address this Canadian issue.
  • Unfortunately, mica is linked to one of the worst forms of child labour and human suffering, according to the report.
  • Billions of dollars of beauty and other products that have a high risk of being made by children are imported into our country every day.
  • There is a clear opportunity for the Canadian government to address our country's link to child labour by introducing supply chain transparency legislation.

Canada working to end child labour around the world

Retrieved on: 
Tuesday, June 12, 2018

Two of these underscore Canada's commitment to eradicating child labour: eliminating the worst forms of child labour without losing the long-term goal of the effective abolition of all child labour, and setting a minimum age at which children can legally be employed or otherwise work.

Key Points: 
  • Two of these underscore Canada's commitment to eradicating child labour: eliminating the worst forms of child labour without losing the long-term goal of the effective abolition of all child labour, and setting a minimum age at which children can legally be employed or otherwise work.
  • Canada also expects Canadian companies working around the world to adopt responsible business practices that uphold children's rights and prevent, mitigate and eradicate child labour.
  • We expect all Canadian companies to respect internationally recognized responsible business conduct standards that address child labour.
  • We have made much progress, but our job is far from over: 152 million children around the world are victims of child labour and almost half of them work in hazardous situations.

Global Cobalt Market 2018-2022: Market to Grow at a CAGR of 9.26% - Key Vendors are China Molybdenum, Glencore, Jinchuan Group International Resources, Norilsk Nickel, Sherritt International & Vale

Retrieved on: 
Friday, May 11, 2018

The global cobalt market to grow at a CAGR of 9.26% during the period 2018-2022.

Key Points: 
  • The global cobalt market to grow at a CAGR of 9.26% during the period 2018-2022.
  • Global Cobalt Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts.
  • The report also includes a discussion of the key vendors operating in this market.
  • The recyclability of cobalt is identified as one of the key trend that will stimulate growth in the cobalt market during the estimated period.

Two Ohio youth honored for volunteerism at national award ceremony in Washington, D.C.

Retrieved on: 
Monday, April 30, 2018

"With lower demand for coltan, the mining in Africa will decrease and the Western Lowland Gorillas won't go extinct."

Key Points: 
  • "With lower demand for coltan, the mining in Africa will decrease and the Western Lowland Gorillas won't go extinct."
  • After researching the problems associated with non-recycled cell phones, Bennett set a goal of collecting 2,000 unneeded phones.
  • In the past 23 years, the program has honored more than 120,000 young volunteers at the local, state and national level.
  • For B-roll of Ohio's honorees at the 2018 national recognition events, contact Prudential's Harold Banks at (973) 216-4833 or [email protected].