The CI welcomes new Member Metalkol RTR
We are delighted to welcome Metalkol RTR to the Cobalt Institute (CI) as a new Member.
Metalkol RTR is a major reprocessing plant for historic cobalt and copper tailings from previous mining operations in the Haut-Katanga province of the Democratic Republic of the Congo. A hydro-metallurgical facility owned by Eurasian Resources Group (ERG) is set to become one of the most significant producers of clean cobalt globally. At full capacity, Metalkol RTR will be able to supply over 120ktpa of copper cathode and 24ktpa of cobalt, volumes sufficient to build more than three million electric vehicles per year. The project is nearing completion and is expected to reach initial production rates early in 2019.
The Cobalt Institute is a non-profit trade association composed of producers, users, recyclers, and traders of cobalt; it promotes the sustainable and responsible production and use of cobalt in all its forms. The CI is pleased to count Metalkol RTR among its membership and welcomes its contribution towards the achievement of this goal.