Minerals Due Diligence
- Minerals Due Diligence
- Risk Management
- Recognized Standards or Programs
- Monitoring our Impact
Training & Resources
The operational impacts of Covid-19 are leading to postponements of some RMAP assessments across metals. We are remaining in regular communication with participating companies and actively working with all facilities to accommodate requests for rescheduling. Assessments will be scheduled at the earliest possible date with consideration given to maintaining public safety.
Formalized due diligence in the cobalt supply chain is a recent development, and implementation of certain due diligence processes requires cooperation among many supply chain partners. The Responsible Minerals Initiative (RMI) recognizes that while an increasing number of cobalt refiners are working toward implementing OECD-aligned due diligence and material origin transparency globally, there is an inherent complexity that affects their efforts to address systemic challenges in specific geographies and contexts that may not be entirely in their control, which will take time and collaboration from various government and private sector actors to address.
The RMI is supporting Responsible Minerals Assurance Process (RMAP)-participating cobalt refiners, and other key partners and stakeholders, in working to address these systemic challenges. The RMI’s program is based on a continuous improvement model, whereby we acknowledge due diligence is a dynamic process and companies are expected to progressively improve their due diligence practices and risk management performance over time, including through constructive engagement with suppliers.
Conformance to the Cobalt Refiner Due Diligence Standard indicates that critical findings have been sufficiently addressed for an initial RMAP assessment, and there were no zero-tolerance findings identified during the course of the assessment. This means that fundamental due diligence management system processes have been established, and the refiner has a plan (with responsible parties and timelines) to close all remaining gaps in origin documentation and enhanced due diligence activities. This does not necessarily mean that there were no findings. All findings are required to be addressed in the succeeding assessments.
For more information about the current standard requirements, including finding types, please see the Cobalt Refiner Due Diligence Standard and RMAP Procedure here on the RMI website.