Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
Leyou New Energy Materials fined for environmental violation
Fine or penalty
Leyou New Energy Materials (Wuxi) Co., Ltd., an associate company of Zhejiang Huayou Cobalt, was fined RMB 10,000 after authorities found that it had carried pollution-hazardous goods by vessel into or out of a port, or stopped in transit, without approval from the maritime administration. The penalty information was disclosed by regulators on November 13, 2020.
Huayou Cobalt's associate company, Leyou New Energy Materials (Wuxi) Co., Ltd., was fined RMB 10,000 after authorities found it had carried pollution-hazardous goods by vessel into or out of a port, or stopped in transit, without approval from the maritime administration. The penalty information was disclosed by regulators on November 13, 2020.
Source excerpt
华友钴业（603799.SH）参股子公司乐友新能源材料(无锡)有限公司因环境违法行为收到行政处罚。乐友新能源材料(无锡)有限公司被处以罚款1万元。该处罚信息于2020年11月13日被相关监管机构披露。
有关部门在9月23日上午的执法查验中发现，乐友新能源材料(无锡)有限公司未经海事管理机构批准，船舶载运污染危害性货物进出港口、过境停留。
2016
Allegations concerning child labor in Congolese cobalt sourcing
Amnesty International and African Resources Watch alleged that cobalt connected to Congo DongFang International Mining, a Huayou subsidiary, was sourced from artisanal mining areas where children worked and workers faced inadequate protection. Huayou acknowledged insufficient awareness of supply-chain risks. The allegations contributed to customer audits, traceability initiatives, and restrictions on certain hand-mined cobalt supplies.