Corruption, child labour risk in Congo’s cobalt industry, OECD warns

Companies mining and buying copper and cobalt from the Democratic Republic of Congo must do more to fight corruption and child labor in the country, the Organisation for Economic Cooperation and Development said. Congo is the world’s largest cobalt producer and fifth-largest producer of copper, according to the US Geological Survey. As demand for the two minerals has soared with the growth of the electronic and electric-vehicle industries, so have worries about the conditions under which they are mined. Cobalt is a key component in lithium-ion rechargeable batteries, and Congo has almost half the world’s known reserves.