Yesterday Circulor announced a deal with commodity trader Trafigura to provide CO2 emissions tracking for its nickel and cobalt trading division. Both metals are used in electric vehicle (EV) batteries.
Circulor already has extensive ties to the auto sector, with Jaguar Land Rover and Volvo as investors and Mercedes and Polestar as clients.
Additionally, Circulor is working on Trafigura’s responsible sourcing initiative to provide ESG transparency.
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