The list includes 208 regions from 27 countries. Routinely request our direct material supplies to submit a report consistent with the Responsible Minerals Initiative . Commonly used for 4 minerals (3TG): Tungsten, Tantalum, Tin, and Gold that are mined in the eastern region of the Democratic Republic of the Congo (DRC). Sources of conflict minerals in our supply chain must be appropriately investigated and confirmed to not directly or indirectly finance or benefit armed groups in the Democratic Republic of Congo (DRC) or adjoining countries (Covered Countries). Conflict Minerals Conflict Minerals Division for Counter Threat Finance and Sanctions The Office of Threat Finance Countermeasures, in conjunction with other State Department bureaus and U.S. agencies, actively works to sever the links between mineral resources and conflict through government-to-government diplomatic efforts. Countries with a long history of civil war and unrest, such as the Democratic Republic of Congo, hold some of the richest tantalum deposits. 2 "DRC Countries" include the Democratic Republic of the Congo, Angola, Burundi, the Central African Republic, The Republic of Congo, Uganda, Rwanda, Sudan (South Sudan . Conflict minerals include: cassiterite (tin), gold, columbite-tantalite (tantalum), wolframite (tungsten), their derivatives and other minerals as determined by the Secretary of State to be financing conflict in the Democratic Republic of the Congo (DRC) and the surrounding nine covered countries (see map). What is the acronym 3TG? . While there are no changes expected at this time, if the State Department modifies its list of Conflict Minerals or covered countries, the SEC rule automatically follows suit. The rules and regulations require us to determine the extent to which our products contain Conflict Minerals originating from the Democratic Republic of the Congo and certain adjoining countries ("Covered Countries") by analyzing the products we manufacture and the raw materials and components we purchase—through supply chain due . A new tantalum mine is being assessed to . This cycle perpetuates war, regional instability, and human . 1 "Conflict Minerals" include Columbite-Tantalite (Tantalum), Cassiterite (Tin), Gold, Wolframite (Tungsten) and any derivatives from these materials. In countries struggling with political instability, where governance for the mining sector is weak, the extraction of these minerals can be linked to violence, conflict and human rights abuses. The fight against conflict minerals became a prime example of what Teju Cole has called the " white-savior industrial complex "—efforts that make activists in wealthy countries feel good but fail to consider "the idea that those who are being helped ought to be consulted over the matters that concern them." If asked, a petty trader might say she deplores how . Under the Act, those minerals include tantalum, tin, gold or tungsten. The Office of Threat Finance Countermeasures, in conjunction with other State Department bureaus and U.S. agencies, actively works to sever the links between mineral resources and conflict through government-to-government diplomatic efforts. The Conflict Minerals and covered countries in the rule align with those identified by the U .S. It is expected that the Conflict Minerals Rules will reduce a significant source of funding for armed groups that are committing human rights abuses in the DRC and the other Covered Countries."Conflict Minerals" include gold, columbite-tantalite (coltan), cassiterite, and wolframite, as well as their derivatives, tantalum, tin, and tungsten. Conflict materials by definition, are used to fund armed rebels and civil violence. Tracking the source countries of conflict minerals is not an easy task. We found that company inquiry results haven't changed much since 2015. The EU Conflict Minerals policy largely draws from Dodd-Frank 1502 but also shows more determination to promote transparent and sustainable trade with more high-risk areas included, not just the DRC and covered countries. Foster Company is committed to the highest standards of ethics and business conduct. What are conflict minerals? the conflict minerals rule requires heightened diligence and disclosure if, based on the registrant's reasonable country of origin inquiry, it knows that any of its necessary conflict minerals originated in a covered country and were not from recycled or scrap sources, or if it has reason to believe that any of its necessary conflict minerals may … On August 22, 2012, the final rule regarding sourcing of conflict minerals under Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("the Dodd-Frank . Countries Involved in the Illegal Trade of Conflict Minerals Mine Locations 1.Angola 2 . Stopping sourcing . Conflict minerals refer to tantalum, tungsten, tin, and gold originated in the Democratic Republic of the Congo and its adjoining countries ("Covered Countries"). While definitions vary between countries and associated legislation, conflict minerals are generally understood to include: columbite-tantalite, also known as coltan (the metal ore from which tantalum is extracted); cassiterite (the metal ore from which tin is extracted); wolframite (the metal ore from which tungsten is extracted); gold; or their derivatives, which . European Union Conflict Minerals Regulation. . There is both statistical and anecdotal evidence that the presence of precious commodities can prolong conflicts (a "resource curse"). We were one of the first organisations to reveal how minerals that bankrolled social and environmental harms ended up in our mobile phones, laptops and cars. The regulation also draws on well-established rules to help stem the trade in conflict minerals. Countries such as the Democratic Republic of Congo have fallen victim to rebels who use revenue from minerals such as diamonds, coltan and cassiterite to purchase arms and fuel conflict. "Conflict Minerals" is the term used to describe certain minerals such as gold, wolframite, casserite, columbite-tantalite and their derivative metals, which include tin, tungsten and tantalum that are sourced from mines under the control of violent forces in the Democratic Republic of Congo (DRC) or the surrounding countries. Flowserve will not knowingly procure raw conflict minerals from covered countries that are not deemed conflict-free from mines, smelters and refiners that produce the minerals used in our products. It greatly expands the list of regions companies should prioritize for due diligence, due to known existing human rights issues. Rebel groups, governments and mining companies exploit mineral resources, fueling civil and interstate conflict as players vie for control over riches. Schlumberger recognizes that there are serious . European Union Conflict Minerals Regulation. Covered countries are defined in Section 1502 as having an internationally recognized border with DRC and include Angola, Burundi, Central African Republic, Republic of the Congo, Rwanda, South Sudan, Tanzania, Uganda, and Zambia. For many years, armed groups have fought to control mines within the DRC and smuggle minerals out of the region . determining whether conflict minerals originated in the covered countries: under the final rule, a company that uses a conflict mineral is required to conduct a reasonable country of origin inquiry that must be performed in good faith and be reasonably designed to determine whether the conflict mineral originated in the covered countries or are … Conflict resources are natural resources extracted in a conflict zone and sold to perpetuate the fighting. The OECD Guidelines for Multinational Enterprises are government-backed recommendations on responsible business conduct to encourage sustainable development and enduring social progress. "Conflict-free"- means the product does not contain any 3TGs necessary to the functionality or production of that product that directly or indirectly finance or benefit armed groups in the Covered Countries or . "Conflict minerals" are defined as tantalum, tin, tungsten and gold, refined from columbite-tantalite (also known as coltan), cassiterite, wolframite and gold ores, that originate from certain "covered countries," defined as the Democratic Republic of Congo and its adjoining countries — Angola, Central African Republic, Burundi, Congo . Alfa Laval Conflict Minerals Policy Statement. Conflict minerals mined in the DRC may pass through numerous locations in neighboring countries as they are shipped to processing facilities. To report concerns or violations of this policy, please contact MSC at 1-800-753-7972 (option 3) or conflictminerals@mscdirect.com. Passed in 2010 and implemented by the U.S. Securities and Exchange Commission in 2012, it creates a reporting requirement for all companies . Countries rich in minerals such as cobalt, coltan, cassiterite, copper and gold are often marred by corruption, authoritarian repression, militarization and civil war. State Department. President and CEO. The four most commonly defined conflict minerals are coltan (tantalum), cassiterite (tin), wolframite (tungsten), and gold, collectively known as "3TG". Section 1502 of this act requires certain public companies to provide disclosures about the use of specified conflict minerals emanating from the DRC and nine adjoining countries. The mine is now producing regular shipments and is viewed as the role model for establishing a secure supply of conflict-free minerals from the region. The EU Regulation, as agreed by the EU Institutions, is set to ensure sustainable sourcing for more than 95% of all EU imports of tin, tantalum, tungsten and gold, and is covered by due diligence provisions as of 1 January 2021. More than 3 million people have been killed in the conflict. There are concerns that the conflict minerals fund armed forces of the Covered Countries causing many deaths of their own people and infringement of human rights in the course of . Conflict Minerals Regulation In politically unstable areas, armed groups often use forced labour to mine minerals. Share prices drop for companies that source minerals from the DRC and adjoining countries, violate human rights, or provide ambiguous disclosures. These countries are: Sudan, Central Africa Republic, Uganda, Congo Republic, Angola, Tanzania, Rwanda, Burundi, Democratic Republic of Congo, Zambia and Angola. The rule on conflict minerals focuses on the Democratic Republic of the Congo ("DRC") and surrounding countries, a central African region with vast mineral wealth, including reserves of conflict minerals, and surrounding countries. . 2. 10. What are conflict minerals? Please enter a search value. Conflict Minerals. Many are several layers removed from their suppliers and the original mines, with one company reporting in its 2019 filing that it had about 1,000 suppliers. " Conflict minerals " means tin (cassiterite), tungsten (wolframite), tantalum (columbite tantalite or coltan), gold, or their derivatives, which originate in the covered countries. The 3TG metals have become known as "conflict minerals" because much of it is sourced from the Democratic Republic of the Congo ("DRC") and adjoining countries (together, with the DRC, the "Covered Countries") where a decades-long civil war is being waged. in the [Covered Countries]." 20 Products will be considered "DRC conflict free" if, when the conflict minerals . Countries worldwide, alarmed by these stories, refused to buy minerals directly from the DRC. This conflict has been exacerbated by various groups fighting to control . Instead, companies bought minerals from the neighboring countries (Rwanda and Uganda) who would procure the minerals from DRC mines, passing them off as conflict-free, regardless of their actual origins. Accordingly, we fully support the goals and . Section 1502 of the Dodd-Frank Act is a provision related to sourcing conflict minerals, signed into law July 21, 2010. Congress enacted Section 1502 of the Act because of concerns that the exploitation and trade of conflict minerals by armed groups is helping to finance conflict in the DRC region and is contributing to an emergency humanitarian crisis. Lear must perform due diligence on, and make disclosures concerning its use of conflict minerals originating in the Democratic Republic of the Congo and adjoining countries. Responsible minerals The global minerals trade has funded abuses and armed conflict for decades. The Conflict Minerals Rules define "conflict minerals" as tin, tantalum, tungsten and gold as well as the derivatives of cassiterite, columbite-tantalite and wolframite (these materials collectively referred to as "3TG" metals). Nicolas Cook, "Section 1502: Conflict . in the [Covered Countries]." 20 Products will be considered "DRC conflict free" if, when the conflict minerals . TTM's objective is for all of our products to be confirmed "DRC Conflict Free." Conflict Minerals are commonly extracted in a conflict zone and sold to perpetuate fighting amongst armed groups. Our Conflict Minerals program is addressed in our Supplier Code of Conduct, our Global Suppliers Terms & Conditions and our purchase order requirements. The EU regulation covers tin, tantalum, tungsten and gold because these are the four minerals that are most often linked to armed-conflicts and related human rights abuses. according to the rmi rmap standard, the cahras shall include, at a minimum, countries identified as high-risk by relevant conflict minerals regulation, such as: the democratic republic of the congo (drc) and its nine adjoining countries as outlined in section 1502 of the dodd frank act, namely angola, burundi, central african republic, republic … For the purposes of the rule, conflict minerals include tantalum, tin, gold or tungsten. "3TG"- means tungsten, tantalum, tin and gold- the four minerals currently covered under the Conflict Minerals Rule. Section 1502 on conflict minerals of the Dodd-Frank Wall Street Reform and Consumer Protection Act is a transparency measure, and one part of a comprehensive approach to Congo's challenges. On December 17, 2020, the European Commission published the Indicative, non-exhaustive list of Conflict-Affected and High-Risk Areas under Regulation (EU) 2017/821. Conflict Minerals. L.B. A product is considered to be "DRC conflict free" if it "does not contain conflict minerals necessary to the functionality or production of that product that directly or indirectly finance or benefit armed groups . Key Terms. Paving the way for the EU regulation in May 2017, the European . Conflict minerals are minerals mined in conditions wher armed conflict and human rights abuses occur. Companies still face challenges in determining the countries of origin of their conflict minerals. Expect our suppliers to supply materials to AMPCO METAL that are "DRC ConflictFree" and to adopt policies and management systems with respect to conflict minerals to ensure Conflict-Free supply chains. Conversely, share prices appear to rise for firms that mitigate risks of sourcing conflict minerals (Elayan et al., 2021). The conflict-free smelters and refiners used by electronics firms under the CFSP only source about 10% of 3T metals from inside the DRC and 15% from its neighbouring countries. LG Electronics has a policy that conflict minerals contained in our products shall not be derived from sources that finance or benefit armed groups. For example, tin extracted in Canada, Russia or Argentina is considered a conflict mineral by definition. The risk of human rights tainted tungsten, tin, tantalum and gold (3TG) entering the supply chains of tech firms is extending well beyond countries considered to be the traditional source of the . In this regard, some of those commentators argued that the provision and/or rule could lead to a de facto boycott or embargo on conflict minerals from the Covered Countries, other of these commentators suggested that the Start Printed Page 56279 provision and/or rule could compel speech in a manner that violates the First Amendment, and at . Inspired by the Dodd-Frank Act Section 1502 on US Conflict Minerals Regulation, the European law and its reporting framework align with the OECD due diligence guidelines for responsible mineral sourcing.The wider scope of the EU regulation means that impacted companies have to take a few extra steps to reach compliance. For many years, armed groups have fought to control mines within the DRC and smuggle minerals out of the region . Too many countries that are rich in natural resources are blighted by armed conflict, poverty and poor governance. in the DRC or adjoining countries. The CMRT is designed to facilitate the transfer of information through the supply chain regarding mineral . The rule on conflict minerals focuses on the Democratic Republic of the Congo ("DRC") and surrounding countries, a central African region with vast mineral wealth, including reserves of conflict minerals, and surrounding countries. Although Unisys does not source those metals directly, Unisys is committed to: . The Act gave the Securities and Exchange Commission authority to seek more transparency in the supply chain from businesses that use any 3TG as a necessary part of . These so-called 'conflict minerals', such as tin, tantalum, tungsten and gold, can find their way into our mobile phones, cars and jewellery. "Conflict Minerals" is the term used to describe certain minerals such as gold, wolframite, casserite, columbite-tantalite and their derivative metals, which include tin, tungsten and . HanesBrands is committed to sourcing materials from companies that share our values regarding human rights, ethics and environmental responsibility. , The Guidance provides recommendations for responsible mineral supply chains to help companies to respect human rights and avoid contributing to conflict through their mineral or metal purchasing decisions . With focus on the Automotive Group, we are asking direct suppliers to fill out the Conflict Minerals Reporting Template (CMRT) developed by the Responsible Minerals Initiative with detailed information on the smelting and mining operations in the countries where the minerals we use originate. In the SEC rule, "DRC conflict-free" is defined as minerals that were extracted and did not directly or indirectly benefit armed groups in the covered countries. The rule on conflict minerals focuses on the Democratic Republic of the Congo ("DRC") and surrounding countries, a central African region with vast mineral wealth, including reserves of conflict minerals, and surrounding countries. Four common conflict minerals, clockwise from top left: coltan, cassiterite, gold ore, and wolframite. This regulation requires EU importers of these metals and minerals (Gold, Tungsten . LG Electronics expects our suppliers to have in place policies and due-diligence measures to facilitate the sourcing of minerals that are "DRC conflict free". The Responsible Minerals Initiative ("RMI"), of which TTM is a member, supports this endeavor by . On January 1, 2021, the EU Conflict Minerals Regulation took full effect. The EU Regulation, as agreed by the EU Institutions, is set to ensure sustainable sourcing for more than 95% of all EU imports of tin, tantalum, tungsten and gold, and is covered by due diligence provisions as of 1 January 2021. . Our Code of Conduct for business partners encourages . The Law. modifies its list of conflict minerals or covered countries, the SEC Rule automatically follows suit. In accordance with the Act, reporting companies must determine whether any conflict minerals originating in the Democratic Republic of the Congo or certain adjoining countries (defined by the Act as Tin (Cassiterite), Tungsten (Wolframite), Tantalum (Columbite-Tantalite or Coltan), and Gold (the "Conflict Minerals")) are necessary to the . Conflict minerals are usually talked about in the context of the Democratic Republic of Congo (DRC), where a 20-year conflict between armed groups and the state has to mass murder, rape and other human rights violations. Ref: Inquiries on - Conflict Metals or Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010: Section 1502 - Conflict Minerals ("Dodd-Frank Act"). Minerals Rule. Foster Company supports the humanitarian goal of ending violent conflict in the DRC and surrounding countries and is committed to avoiding the use of "Conflict Minerals" in our products. L.B. The office also builds international support for due diligence guidelines intended to help industry develop a responsible minerals trade from conflict . . Realities on the Ground. The 3TG minerals, along with the ores from which they originate, are known as conflict minerals* because it is believed that armed conflict, and related human rights abuses, in the Democratic Republic of the Congo (DRC) and adjoining countries (the DRC region) may be directly or indirectly financed by the trade in the 3TG minerals, which are mined . More complex than a war, the fractious violence is often is . Henkel Corporation RMI CMRT 6.21 (1.47 MB) Henkel undertakes due diligence to attempt to determine if any of the minerals contained in the raw materials we source for our products . The Democratic Republic of Congo (DRC), for example, supplies more than 63 per cent of the world's cobalt. The intent of the provision is to deter — through increased transparency of companies' sourcing practices — the extreme violence and human rights violations in the Democratic Republic of Congo (DRC) and neighboring countries funded by the exploitation and trade of . The SEC rules define conflict minerals as 3TG metals, wherever extracted. EU Regulation on Conflict Minerals differentiates upstream and downstream companies and expects compliance at different . WESCO supports industry-wide efforts to identify and reduce the use of conflict minerals originating from the affected countries to the extent believed to be financing or benefiting groups committing human rights violations. The Office of Threat Finance Countermeasures, in conjunction with other State Department bureaus and U.S. agencies, actively works to end the use of certain "conflict" minerals to fund violent armed groups in the Democratic Republic of the Congo (DRC) through government-to-government diplomatic efforts.The office also builds international support for due diligence guidelines intended to . A few other similar initiatives have been developed to ensure that minerals . They then sell those minerals to fund their activities, for example to buy weapons. In 2020: 42% of companies initially determined that their conflict minerals may have come from the DRC or adjoining countries Rebel groups, governments and mining companies exploit mineral resources, fuelling civil and interstate conflict as players vie for control over riches. The Securities and Exchange Commission requires companies to report on the origin of these "conflict minerals" used in their products. The "Conflict Minerals" for purposes of the Conflict Minerals Rules are gold, columbite-tantalite (coltan), cassiterite, and wolframite (including their derivatives, tantalum, tin and tungsten) and any other minerals designated by the U.S. Secretary of State in the future. As the last report from the UN highlights, "On 10 March 2011, the Government of the Democratic Republic of the Congo lifted its suspension of all artisanal mining activity in the provinces of . All Lear suppliers are required to respond to information requests from Lear regarding the uses and sources of conflict minerals (tin, tungsten, tantalum and gold) in their . A product is considered to be "DRC conflict free" if it "does not contain conflict minerals necessary to the functionality or production of that product that directly or indirectly finance or benefit armed groups . Profits from extracting conflict minerals are used to purchase weapons and pay combatants. Paving the way for the EU regulation in May 2017, the European . For many years, armed groups have fought to control mines within the DRC and smuggle minerals out of the region . The term " covered countries " means the Democratic Republic of the Congo (the " DRC ") and its adjoining countries.
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