RMI confirms ERG’s Metalkol RTR cobalt and copper production is compliant with responsible sourcing principles


Eurasian Resources Group (“ERG” or “The Group”), a leading diversified natural resources group headquartered in Luxembourg, announces that the Responsible Minerals Initiative (“RMI”) has confirmed that the cobalt and copper produced by ERG’s Metalkol RTR is compliant with the RMI’s Responsible Sourcing requirements. This follows an independent assessment as part of RMI’s flagship programme, the Responsible Mineral Assurance Process (“RMAP”).

<< Back
20/09/2022 |
  • ERG's Metalkol RTR cobalt and copper facility in the DRC-2

In August 2022, the RMI confirmed that Metalkol RTR was conformant with the Assessment Standard for Cobalt Due Diligence Standard (2018) and Joint Due Diligence Standard for Copper, Lead, Nickel and Zinc (2021). The comprehensive assessment consisted of a number of elements including the collection and review of objective evidence such as interviews with employees and the senior management, documentation, a facility walk-through, and other observations. All of this demonstrated that Metalkol RTR’s due diligence management system conforms in all aspects to the requirements of the RMI’s standards.

Benedikt Sobotka, CEO of ERG, said, “Metalkol RTR and ERG as a whole not only support the transition to a greener economy through our supply of key metals, such as copper and cobalt, but also set an example to the industry through our commitment to responsible sourcing. Confirmation of this by the RMI is just another reason that the companies buying our cobalt and copper, and consumers who purchase products that contain them, can be confident that they have been produced in line with global responsible sourcing standards. I would like to congratulate the Metalkol RTR team for this latest achievement, and thank them for their hard work in the lead up to it.”

Gillian Davidson, Sustainability Advisor to ERG’s CEO, said, “Metalkol RTR has established itself as a world-leading supplier of responsibly sourced cobalt and copper, thanks to the rigorous management systems and procedures the Group has in place to ensure it operates in accordance with international standards and conducts its business in a responsible manner. The announcement that the cobalt and copper produced at Metalkol RTR are compliant with the RMI’s Responsible Sourcing requirements is testament to this, and Metalkol RTR is well-placed to continue supplying responsibly produced materials to meet the demands of the clean energy transition.”

The RMI is one of the most utilised and respected sources for companies from a range of industries addressing responsible sourcing issues in their supply chains. The aim of the RMAP is to help companies make informed choices about responsibly sourced minerals in their supply chain, and show that their standards have been developed to meet the requirements of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, the Regulation (EU) 2017/821 of the European Parliament and the US Dodd-Frank Wall Street Reform and Consumer Protection Act.

Back to top  | << Back

Communiqués liés

Jean-Daniel Zandona (002)
30/01/2023 Partenariat

Arab Bank (Switzerland) Ltd. signs up with Apex Group’s di...

European Depositary Bank (“EDB”), the Luxembourgheadquartered provider of ba...

NumericALL Logo

Lancement du premier Bootcamp « Low Code »

Un bootcamp nouvellement créé pour initier les entrepreneurs et les informatic...

Guide Just Arrived 2023-2024 web

Guide Just Arrived Edition 2023-2024

Conseils pratiques, astuces et bons plans pour les résidents au Luxembourg....

Just Arrived
ICONE-Inauguration-BESIX-RED-Communique-de-presse FR

BESIX RED et Foster + Partners dévoilent ICÔNE, un complex...

Après deux ans et demi de construction, ICÔNE, nouveau complexe de bureaux à ...

Besixred Luxembourg S.A,
Eurasian Resources Group at the MOU signing ceremony at the Future Minerals Forum 2023

Eurasian Resources Group enters the Kingdom of Saudi Arabia,...

Following the Annual Meeting of the World Economic Forum (WEF), held last week i...

Eurasian Resources Group
Apex logo 150x150 (002)

Apex Group to acquire Bank of America Irish depositary busin...

Apex Group Ltd. (“Apex” or “The Group”), a global financial services pro...


Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more