Mercuria and EGC Sign Strategic MOU to Develop “Gold Standard” Responsible Cobalt Supply Chain in the DRC

Published: Mar 25, 2026 08:00

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Entreprise Générale du Cobalt (EGC) and Mercuria Energy Trading will cooperate to advance the standardized development of the Kasulo mine site in Kolwezi, the Democratic Republic of the Congo (DRC), and build a supporting cobalt supply chain. This collaboration aims to establish a "Gold Standard" for artisanal and small-scale mining (ASM) of cobalt, setting the Kasulo mine as a global benchmark for transparency, sustainability and ethical sourcing in cobalt production. Under the agreement, EGC and Mercuria will work together with local cooperatives, Gécamines, as well as the central and local governments of the DRC to formulate a comprehensive framework covering occupational health and safety, human rights protection, environmental management and full supply chain traceability.

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