Port of StocktonViganGeneva DryVan AalstTMS Awards 2023TBA Group
  • Bühler GmbH
  • Vigan
  • Cimbria
  • Geneva Dry
  • Van Aalst
  • TMS Awards 2023

Glencore to join RSBN

Glencore to join RSBN

(Posted on 16/12/19)

Glencore PLC, one of the world’s largest industrial cobalt producers, has announced that it is to join the Responsible Sourcing Blockchain Network (RSBN). RSBN is an industry collaboration utilising blockchain technology to support responsible sourcing and production practices from mine to market. With members spanning downstream auto brands, refiners and miners, the network’s blockchain has moved beyond proof of concept and is on track to become commercially operational by spring 2020.

Demonstrating its commitment to good practice, membership of RSBN will enable Glencore to deliver improved supply chain traceability and transparency and integrate good practice with its supply chain partners.

Glencore has begun the onboarding process to obtain full RSBN membership by the end of February 2020.The initial focus of Glencore’s participation will be on cobalt. Glencore’s diversified mining, processing and trading operations across the world will support the network’s expansion to cover other battery metals as well as metals including tin, tantalum, tungsten and gold (known as 3TG) in 2020.

Nico Paraskevas, Glencore Head of Marketing for Copper and Cobalt commented: “RSBN plays a key role in advancing the sustainable partnership between the producers of commodities that will enable the transition to a low-carbon economy and key consumers around the world. We look forward to working with the network to further embed responsible sourcing good practice across the mineral supply chain.”

Built on the IBM Blockchain Platform and powered by the Linux Foundation’s Hyperledger Fabric, blockchain technology helps improve transparency by providing a highly secure and immutable record that can be shared with members of the network based on permission. Additionally, RCS Global Group assesses each participating entity both initially and annually against responsible sourcing requirements set by the Organization for Economic Cooperation and Development (OECD) and those enshrined by key industry bodies, including the Responsible Minerals Initiative (RMI).

RSBN is designed to be adopted across industries by original equipment manufacturers (OEMs) in automotive, electronics, aerospace and defense as well as their supply chain partners such as mining companies and battery manufacturers.

Latest News

ADM and Bayer collaboration help farmers achieve lower carbon emissions

(Posted on 19/06/24)

 ADM and Bayer have announced an extension of their collaboration, working with farmers in a bid... Read more


US House appropriations bill includes reinstatement of NASS reports

(Posted on 14/06/24)

A House appropriations subcommittee in the USA has approved its Fiscal Year 2025 bill that includes... Read more


Rio Tinto to acquire Mitsubishi’s stake in Boyne aluminium smelter

(Posted on 14/06/24)

Rio Tinto has agreed to acquire Mitsubishi Corporation’s 11.65% interest in Boyne Smelters Ltd... Read more


Richards Bay Minerals’ renewable energy agreement

(Posted on 07/06/24)

Richards Bay Minerals (RBM) has signed a renewable power purchase agreement (PPA) with Khangela Emoyeni... Read more


Trafigura half year result show core business strength

(Posted on 07/06/24)

Trafigura Group Pte Ltd, a market leader in the global commodities industry, has released its 2024 Half... Read more


New Zealand aluminium smelter’s future secured with power deals

(Posted on 01/06/24)

New Zealand Aluminium Smelters (NZAS) has signed 20-year electricity arrangements that secure the future... Read more


NGFA statement on farm bill advanced by House Ag Committee

(Posted on 31/05/24)

The House Agriculture Committee in the USA have advanced a farm bill that includes several important... Read more


Rio Tinto and BHP collaborate on electric trucks in the Pilbara

(Posted on 28/05/24)

In an industry first, Rio Tinto and BHP will collaborate on the testing of large battery-electric haul... Read more


KEZAD signs lease agreement with Ducab Metals Business

(Posted on 28/05/24)

KEZAD Group, the largest operator of integrated and purpose-built economic zones, and Ducab Metals Business... Read more


Anglo American simplifies portfolio of copper, premium iron ore and crop nutrients assets

(Posted on 22/05/24)

Anglo American plc is setting out a clear, compelling and decisive plan to unlock significant value... Read more


Bühler GmbHPort of South LouisianaCimbriaSailors SocietyTelestack
  • Sailors Society
  • TBA Group
  • Telestack

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping