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Stock impact report

FREYR Joins Fair Cobalt Alliance

FREYR Battery, Inc. (FREY) 
Company Research Source: Business Wire
NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has become a member of the Fair Cobalt Alliance ("FCA") to underscore FREYR’s commitment to developing a sustainable global battery industry.The FCA is a multi-stakeholder action platform committed to developing responsible and fair supply of artisanal mined cobalt from the Democratic Republic of Congo, creating and diversifying sustainable livelihoods for surrounding communities. The FCA focuses on economic diversification, improving worker conditions at mine sites and supporting child rights.“We are undergoing a major energy transition, moving from fossil fuels to battery-powered technology. Cobalt is one of the essential components in battery production and we are focused on sustainable supply of cobalt to support our production of clean, low-cost and low-carbon battery cells for a better planet,” said Tom Einar Jen Show less Read more
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