cobalt

Cobalt.

Areas of application automotive industry.

  • Main areas of application: Battery (high-voltage storage, low-voltage storage)
  • Further areas of application: Magnets, alloys and tires

The BMW Group systematically analyzes globally known and typical risks in connection with the extraction and processing of raw materials and derives appropriate measures.

Analyzing risks.

  • Child labor in artisanal and small-scale mining
  • Environmental impact of mining residues on water and soil
  • Violation of human rights through armed attacks by public or private security forces, including forced displacement, sexual assault, arson and abuse
  • Corruption and weak rule of law in specific countries

Catalog of measures.

  • In order to promote the procurement of raw materials from responsible sources, the BMW Group relies, among other things, on the direct purchase of cobalt
  • Involvement in the on-site Cobalt for Development Project
  • Establishment of a closed material cycle to reuse the raw materials nickel, lithium and cobalt from high-voltage batteries in China
  • Co-financing of a scientific study by the University of Berkeley on the extent and causes of child labor in the DR Congo, which recommends local involvement as a result
  • Research and development to increase the secondary raw material quota

Initiatives.