Cobalt Products

Steencore’s Production and Supply Chain

At Steencore, we are deeply committed to establishing a world-class production and supply chain for critical minerals, focusing on copper and cobalt, which are pivotal to modern industries. Our integrated approach spans from responsible sourcing and extraction to seamless logistics and delivery, ensuring that our customers receive the highest quality products while upholding sustainable practices throughout the supply chain.

Cobalt and Copper: The Backbone of Sub-Saharan Africa's Resource Wealth

Copper and cobalt are indispensable minerals within the global industrial landscape, and they hold particular significance in sub-Saharan Africa, where nations like Zambia and the Democratic Republic of Congo (DRC) stand as leading producers. These resources are fundamental to sectors such as construction, electronics, electric vehicles (EVs), and renewable energy storage, positioning them as key drivers of technological progress and economic growth.

Zambia has long been recognized as a global copper powerhouse, with copper contributing to a significant 70% of the country’s export earnings. Copper mining in Zambia dates back to the 1920s, with the Copperbelt Province in the northern region serving as the epicentre of the country’s copper production. This area is home to some of the world’s largest and most productive copper mines, solidifying Zambia’s place as a top-tier copper producer and reinforcing the country’s economic vitality.

In contrast, the Democratic Republic of Congo (DRC) holds a dominant position in cobalt production, commanding over 60% of the global market. Cobalt is integral to the production of batteries for electric vehicles and renewable energy storage systems, further underscoring the growing importance of this mineral in the global transition towards green energy. However, the DRC's mining sector faces significant challenges, including corruption, human rights violations, and environmental degradation. These issues necessitate urgent attention to ensure the ethical and sustainable extraction of cobalt.

Steencore’s Commitment to Sustainable Mining

Steencore recognizes the tremendous potential of copper and cobalt to drive economic growth across sub-Saharan Africa. However, we also understand the responsibility that comes with sourcing minerals from regions where governance, environmental, and social challenges persist. Our commitment to sustainability and ethical sourcing is embedded in every aspect of our supply chain.

We adhere to international standards of responsible mining, including the OECD Due Diligence Guidance for Responsible Supply Chains and the Global Battery Alliance’s Cobalt Action Partnership. By fostering partnerships with local stakeholders and governments, we ensure that our mining operations not only adhere to ethical standards but also contribute positively to the economic and social development of local communities.

Through initiatives that prioritize fair labor practices, reduce environmental impact, and promote community welfare, Steencore ensures that the minerals we source are extracted responsibly. We also engage in continuous monitoring and auditing of our operations to uphold transparency and accountability throughout the supply chain.

Innovative Supply Chain Solutions

Steencore’s supply chain is designed to be agile, resilient, and responsive to the evolving needs of our global customer base. Leveraging advanced technologies and real-time data analytics, we ensure that our operations—from mine to market—are optimized for efficiency and sustainability.

Our supply chain operations are built on three core pillars:

1. Strategic Sourcing: We work with reputable mining operators and collaborate with government bodies to ensure that our sourcing practices align with global standards for ethical mining. This not only enhances the traceability of our materials but also helps mitigate risks associated with supply disruptions.
2. Logistics and Distribution: Steencore’s global logistics network is tailored to ensure the timely and secure transportation of copper and cobalt products to our customers worldwide. We leverage a combination of rail, road, and sea freight to optimize delivery times while minimizing our carbon footprint.
3. Sustainability and Innovation: To support the growing demand for eco-friendly products, we invest in sustainable technologies such as energy-efficient refining processes and renewable energy sources at our production facilities. We are also committed to the circular economy, working with partners to recycle copper and cobalt where possible, reducing the overall environmental impact of our operations.

Driving Regional Prosperity Through Responsible Practices

The future of copper and cobalt development in sub-Saharan Africa holds enormous promise for fostering economic growth and creating long-term prosperity. Steencore’s vision is to leverage these resources to unlock economic opportunities, all while ensuring that our operations prioritize the well-being of local communities and the preservation of the environment.

By adopting a holistic approach to resource management, Steencore aims to harness the full potential of copper and cobalt for sustainable and inclusive development across the region. Through continuous investment in innovation, community development, and responsible sourcing, we strive to be a leader not only in the global supply of these critical minerals but also in fostering long-term social and environmental progress.