Understanding the ESG Challenges of Cobalt Mining in the Congo
Understanding the ESG Challenges of Cobalt Mining in the Congo Introduction Cobalt is a key ingredient in batteries for electric vehicles and smartphones, making it crucial for modern technology. However, mining cobalt, especially in the Democratic Republic of Congo (DRC), comes with serious environmental, social, and governance (ESG) issues. The DRC produces about 70% of the world’s cobalt, but this mining process has significant negative impacts due to unscientific approach. This article explores these ESG challenges in depth. Cobalt ore Environmental Impact of Cobalt Mining Cobalt mining in the DRC has led to severe environmental damage. The process often involves harmful chemicals like sulfuric acid and cyanide, which can pollute water and soil. This contamination affects local wildlife and ecosystems, leading to deforestation and the destruction of natural habitats. Mining waste is frequently dumped without proper regulation, causing further environmental harm. A report b...