Developer of a proposed Arizona cobalt refinery; 2026 MoU is conditional and does not establish operating production.
Sources support the description and the individual connections below. Publication and checking dates refer to the evidence, not a guarantee of current operations.
Reported means the cited source describes the relationship at its evidence date. Historical relationships refer to an earlier period. Announced agreements may not have been implemented. None of these labels confirms that trade continues today.
A preliminary five-year agreement envisaged up to 3,000 tonnes of contained cobalt annually. It is proposed feedstock supply, not evidence of delivery; EVelution's later schedule places facility completion in 2029.
ERG plans to supply cobalt hydroxide from its flagship Metalkol production facility in the DRC.
the signing of a binding long-term offtake agreement with Mitsui & Co., Ltd.
EVelution announced a binding five-year agreement for Mitsui to buy most planned cobalt-metal output, up to 3,000 tonnes annually. Construction was scheduled for 2027 and completion for late 2029.
the signing of a binding long-term offtake agreement with Mitsui & Co., Ltd.
A letter of intent envisaged cobalt feedstock for EVelution's planned US facility. Final supply terms remained under negotiation; DRC facilities were mentioned without naming a particular mine.
Glencore and EVelution are finalizing the terms of a long-term supply agreement
The preliminary ERG–EVelution agreement named Metalkol as planned feedstock origin. This is a project-origin statement, not a direct mine contract or observed shipment.
ERG plans to supply cobalt hydroxide from its flagship Metalkol production facility in the DRC.
Under the May 2026 tripartite MoU, EGC is expected to originate cobalt for proposed US processing via Trafigura. This records a conditional framework, not a binding offtake or actual flow.
The parties have agreed to advance discussions toward definitive long-term commercial agreements over the coming months.
A May 2026 tripartite MoU envisages Trafigura logistics and marketing for a proposed US cobalt chain. Definitive agreements and future refinery construction remain necessary; no delivered supply is asserted.
The parties have agreed to advance discussions toward definitive long-term commercial agreements over the coming months.