The Cobalt Institute (CI) has welcomed Metalkol RTR 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 DRC.
The Metalkol RTR reprocessing plant.
A hydro-metallurgical facility owned by Eurasian Resources Group (ERG), Metalkol RTR is reportedly set to become one of the most significant producers of clean cobalt globally. At full capacity, it will be able to supply over 120 kt/a of copper cathode and 24 kt/a of cobalt, volumes sufficient to build more than three million electric vehicles per year. The project is currently nearing completion.
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.
According to its website, the CI – which is based in the UK – is a proactive organisation which represents around 70 % of cobalt produced worldwide and has over 60 years of experience identifying and addressing issues of key interest for the cobalt industry.