Yesterday, auto manufacturer Fiat Chrysler said it joined the Responsible Sourcing Blockchain Network (RSBN) consortium to source minerals used in its electric vehicles. The company will start with tracking cobalt and then others such as mica and the conflict minerals 3TG — tungsten, tantalum, tin and gold.
IBM initiated the
RSBN consortium along with Ford Motor Company, Huayou Cobalt, LG Chem and RCS Global earlier this year. Volkswagen and
Volvo joined a few months down the line. Built on the IBM Blockchain Platform, RSBN previously ran a pilot for
tracking cobalt from Huayou’s mine site in the Democratic Republic of Congo.
“Our commitment to the responsible procurement of raw materials is vital to the integrity and sustainability of our supply chain, especially as our electrification strategy ramps up,” said Carl Smiley, Chief Purchasing and Supply Chain Officer, FCA (Fiat Chrysler Automobiles).
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