Entreprise Générale du Cobalt is currently structuring its activities around two divisions: the production and marketing divisions respectively.
The production phase covers the mining of cobalt ores by artisanal miners from artisanal mining areas, their transit to trading centers and their processing into cobalt hydroxide in local plants. This phase, which involves a large number of stakeholders, public and private players, and civil society, requires an administrative approach with the authorities involved for the conduct of business, and a contractual approach with the subcontractors in charge of operational support and of the effective implementation of the various activities on the sites, in particular by supporting the artisanal miners in their day-to-day activities and ensuring the safety of the neighboring communities.
The marketing phase consists of ensuring that the entire project value chain is operating according to RDC’s and end buyers’ expectations in terms of cobalt hydroxide’ corporate social responsibility certification, from logistics between sites, traceability of the first kilogram of ore extracted to final delivery and marketing of products to end customers. This phase calls for specific skills in transportation – from the artisanal mining areas, to the end customers on another continent – traceability through the use of world-renowned partners and blockchain and trading technologies, to reach out to buyers such as car manufacturers and producers of electronic devices and to establish stable partnerships with them.
Along with its partners, EGC is currently setting up the complete architecture of the project, whose progress will be presented in the operations section of its website.