Refiner

GEM

Cobalt processing and recycling company named in a Glencore supply contract covering 2020–2024.

Sources support the description and the individual connections below. Publication and checking dates refer to the evidence, not a guarantee of current operations.

Documented relationships

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.

  • Announced · Evidence as of 2022-03-28

    Proposed supply to

    GEM and EcoPro announced a memorandum envisaging 700,000 tonnes of NCA/NCM precursors during 2023–2026. The group-level memorandum does not prove shipment volumes.

    1 source
    1. GEM & ECOPRO QMB equity and precursor supply MOU signing

      GEM · Published 2022-03-28 · Checked 2026-09-17

      an MOU of the supply of NCA&NCM high-nickel ternary precursor materials from 2023 to 2026.

      Opening paragraph and 700,000-tonne precursor commitment paragraph; not cobalt-metal volume.

  • Announced · Evidence as of 2024-08-19

    Proposed supply to

    A memorandum envisaged an additional 265,000 tonnes of precursors in 2025–2028, drawing on GEM's QMB Indonesian project. It neither establishes DRC cobalt origin nor actual fulfilment.

    2 sources
    1. EcoPro BM history

      EcoPro BM · Checked 2026-09-17

      EcoProBM Enters Long-Term Supply Contract With Samsung SDI for Cathode Materials

      History, December2023; August2024 GEM MoU; footer Korea address.

    2. GEM and South Korea's EcoPro BM Forge 265,000-Ton Precursor Supply Agreement

      GEM · Published 2024-08-19 · Checked 2026-09-17

      EcoPro BM will additionally purchase 265,000 tons of precursors from GEM

      Opening MoU paragraph; purchasing paragraph (2025–2028); QMB fulfilment paragraph.

  • Reported · Evidence as of 2024-06-30

    Reported supply

    GEM's first-half 2024 contract table reports RMB1.92 billion executed with EcoPro BM for high-nickel NCA/NCM precursors. This reports execution in that period, not the later memorandum's fulfilment.

    1 source
    1. GEM Co., Ltd. 2024 Semi-Annual Report

      GEM · Published 2024-08 · Checked 2026-09-17

      Crude cobalt hydroxide raw materials

      Printed pages 86–88, Section 4 Other material contracts: EcoPro BM and Glencore International AG rows; executed amounts during reporting period.

  • Announced · Evidence as of 2022-07-20

    Offtake agreement

    A development and supply agreement envisaged 455,000–540,000 tonnes of precursors in 2023–2027. Its portfolio explicitly included low-cobalt and cobalt-free products; total contract volume is not cobalt-bearing volume.

    1 source
    1. GEM announcement 2022-080: new-generation ternary precursors development and supply agreement with XTC

      GEM · Published 2022-07-20 · Checked 2026-09-17

      From 2023 to 2027, Party B will supply 455-540,000 tons of ternary precursor products to Party A.

      PDF pp.1–3 overview and product definition; p.12 prior Jingmen GEM cobalt-tetroxide framework. Final page year 2002 is a source typo; opening gives July20,2022.

  • Reported · Evidence as of 2024-06-30

    Reported supply

    GEM's first-half 2024 contract table reports RMB1.04 billion executed under a December 2020 cobalt-hydroxide agreement with Glencore International AG. The table groups GEM and named subsidiaries; it does not identify mine origin.

    1 source
    1. GEM Co., Ltd. 2024 Semi-Annual Report

      GEM · Published 2024-08 · Checked 2026-09-17

      Crude cobalt hydroxide raw materials

      Printed pages 86–88, Section 4 Other material contracts: EcoPro BM and Glencore International AG rows; executed amounts during reporting period.

  • Historical · Evidence as of 2019-10-07 · From 2020-01-01 · Until 2024-12-31

    Offtake agreement

    The October 2019 announcement covered cobalt hydroxide supply during 2020–2024. The stated contract period has ended; no renewal or delivered volume is established here.

    1 source
    1. China’s GEM Co. Ltd and Glencore extend their long-term strategic cobalt partnership

      Glencore · Published 2019-10-07 · Checked 2026-09-16

      Under the terms of the agreement, Glencore will provide a minimum of 61,200 tonnes of Cobalt for GEM between 2020 and 2024.

      Opening two paragraphs; company profile in Notes for Editors.