What are the 5 conflict minerals?
“Conflict minerals,” as defined by the US legislation, currently include the metals tantalum, tin, tungsten and gold, which are the extracts of the minerals cassiterite, columbite-tantalite and wolframite, respectively. Downstream companies often refer to the extracts of these minerals as 3TG.
What are the 4 conflict minerals?
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, so it makes sense to focus on them.
What are the 3 conflict minerals?
These conflict minerals are tin, tantalum, tungsten (the “3 T’s”) and gold which are mined in eastern Congo and are in all consumer electronics products, as well as products from the jewelry, automotive, aerospace, medical equipment, and many other industries.
What is the conflict minerals rule?
Pursuant to Section 1502 of the Dodd-Frank Act of 2010, the SEC issued its conflict minerals rule in 2012, requiring reporting companies to report on their use and sourcing of tin, tantalum, tungsten and gold (3TG). The conflict minerals reporting template (CMRT) is available to all at no cost.
What is conflict minerals declaration?
This document declares that some of International Light Technologies products contain one or more conflict minerals and that these minerals are necessary to the functionality of the products manufactured. This document certifies that all ILT products are declared “DRC conflict free”.
Why are conflict minerals considered bad?
Furthermore, they are responsible for some of the worst atrocities against mankind and gross violations of human rights, including rape, murder and child labour. Civilians from local mining communities are forced to take part in this illegal mining trade.
Who is required to file a conflict minerals report?
Per the SEC final rule, a company that is required to provide a conflict minerals report only is required to report on “the efforts to determine the mine or location of origin with the greatest possible specificity” for only those products/product categories that have not been described as “DRC conflict free.” …
What effects have conflict minerals had on the DRC?
Conflict Minerals in the DRC More than 3 million people have been killed in the conflict. More complex than a war, the fractious violence is often is often financed by the extraction and sale of conflict minerals, including tin, tantalum, tungsten, and gold. These other end up in our phones and electronic devices.
What legislation has been placed to regulate the sale of conflict minerals?
The “conflict minerals” provision—commonly known as Section 1502 of the Dodd Frank Act—requires U.S. publicly-listed companies to check their supply chains for tin, tungsten, tantalum and gold, if they might originate in Congo or its neighbours, take steps to address any risks they find, and to report on their efforts …
What is the EICC-GESI template for conflict minerals data collection?
The EICC-GeSI Template for Conflict Minerals Data Collection has been revised! The Electronic Industry Citizenship Coalition® (EICC®) and the Global e-Sustainability Initiative (GeSI) created the conflict minerals reporting template (the Template) as a common means for the collection of sourcing information related to “Conflict Minerals”.
What is the conflict minerals reporting template (the template)?
The Electronic Industry Citizenship Coalition® (EICC®) and the Global e-Sustainability Initiative (GeSI) created the conflict minerals reporting template (the Template) as a common means for the collection of sourcing information related to “Conflict Minerals”.
What services does Assent Compliance offer for conflict mineral compliance?
Assent Compliance offers a turnkey Conflict Mineral Compliance service including Conflict Minerals Scope Assessments, Conflict Minerals Reasonable Country of Origin Inquiry, Conflict Minerals Reports, and Conflict Minerals Software. Please contact us today for more information at [email protected].
What is the EICC/GESI form?
The EICC/GeSI form was created to provide an inside look at the smelter list used by manufacturers. This helps customers identify if a smelter is compliant or non-compliant.