Energy storage company s lithium ore procurement process

What is a sustainable procurement framework for lithium?

Sustainable Procurement Framework for Lithium Umicore has developed a dedicated framework for the sourcing of lithium, considering the specific risks that are currently linked to the mining and processing of lithium.

How does lithium sourcing work?

The members of the supply team occupied with lithium sourcing are trained to apply the framework in their daily supply practices, and a dedicated responsible sourcing team is entrusted with the application of the framework and screening for risks in the affected lithium regions and industry.

What is a battery energy storage system checklist?

Checklist provides federal agencies with a standard set of tasks, questions, and reference points to assist in the early stages of battery energy storage systems (BESS) project development.

What if I have a concern about the lithium supply chain?

Any interested party may voice concerns regarding the circumstances of mineral extraction, trade, handling or export of lithium in our supply chain. Such concerns can be reported (anonymously if required) through the Umicore integrity line and will be followed up internally with due care.

How is a lithium supplier screened for issues of concern?

When screening a lithium supplier for indications of issues of concern, all information collected throughout the due diligence process is assessed and screened for the possible prevalence of issues of concern. The supplier does not have the minimum required legal permits and certificates.