Luoyang Molybdenum Launches Re Blockchain Tracking Project | Source

On August 16, Luoyang Molybdenum (CMOC), the world's second largest producer of cobalt, teamed up with several partners to use blockchain technology to trace its origins of cobalt iron and ensure that all cobalt comes from the process of production. Together they release Re | Site. Welcome all the way from extraction, processing and application to the final product. Once the industry solutions Re | Source completed successfully, end-to-end traceability of raw materials will effectively improve new feed visibility and model results. chain. In the future, companies that develop mineral products using technologies such as green and low-carbon technologies will have a stronger voice and policymaking. (Luoyang Molybdenum Official Account)