How It All Came About
ReSource was founded in 2019 by multinational mining companies Glencore, ERG, CMOC and Web3 solutions expert Kryha from the need to address visibility within the cobalt supply chain. Their expertise and experience in the minerals industry and blockchain technology enabled us to create a traceability platform that aims to link all users of these supply chains and provide real-time reliable data on origins of the minerals and sustainability performance data across the supply chain.
In 2021, we finished our first pilot project on multiple sites across the cobalt supply chain. An important milestone was our partnership with Tesla. The pilot is being tested in real operating conditions, from Tesla’s cobalt sources in the Democratic Republic of Congo (DRC) to downstream EV production sites.
2022 was a year of full-scale implementation of ReSource at multiple sites globally. We also developed and refined our prototype of the battery passport, which includes information on material provenance, greenhouse gas emissions and human rights compliance, among other sustainability information.
ReSource currently works with the full cobalt supply chain, from mines in the Democratic Republic of Congo (DRC) to the EV producers. Among the companies that implement ReSource as a solution are ERG, Glencore, CMOC, Umicore, LG, Tesla and more.