US electric car maker Tesla expects global shortages of nickel, copper and other battery minerals down the road due to underinvestment in the mining sector, the company’s global supply manager for battery metals told an industry conference on Thursday (2 May), according to two sources.
The European Parliament has called for strict, binding legislation governing textiles imported to the EU, to crack down on the kinds of abuses brought to light by the 2013 Rana Plaza disaster, in which more than 1,100 people died.
Illicit trafficking of diamonds from the Central African Republic into neighbouring Cameroon is helping finance the continuation of a nearly three-year conflict, an expert panel that monitors UN sanctions has said in a confidential report.
The European Parliament unexpectedly voted on Wednesday (20 April) in favour of a mandatory monitoring system for minerals originating from conflict zones. But negotiations with the Council and Commission will be tough. EURACTIV France reports.
Many US companies are failing to comply with a law against financing armed movements active in eastern Democratic Republic of Congo through the purchase of "conflict minerals," according to a new study.
MEPs from the Committee on International Trade have rejected a set of binding regulations for certain minerals extracted in conflict zones, in favour of a less ambitious system of self-certification, which would exclude some minerals entirely. EURACTIV France reports.
EXCLUSIVE / European firms are set to be offered a voluntary self-certification scheme to prove that their products’ mineral components were not sold by warlords to fuel bloody conflicts, under a draft EU law that falls short of campaigners’ expectations.
The EU's trade chief will present a voluntary scheme in March aimed at stemming the import of minerals from conflict zones and prevent their use to finance war and strife, EU officials said on Wednesday (5 February).
A European Court of Auditors report says that the effectiveness of the EU’s €1.9 billion aid to the Democratic Republic of Congo (DRC) between 2003 and 2011 has been sorely limited, with less than half of programmes likely to deliver the intended results.
Congolese rebels are plundering the country’s natural resources to finance guns and materiel, but the EU remains powerless to compel companies to disclose whether they are buying vital minerals supplied by armed groups in Congo and other conflict states.