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Conflict Minerals

瀏覽次數:日期:2021-02-24 17:17:33

◎Background

Human rights problems caused by mineral exploitation in Congo and its surrounding countries and regions:
a. Serious human rights violations, theft, extortion
b. Control of mineral resources and use of tax
c. Forced labour and child labour
d. Limited development options such as handicraft and small scale mining
e. Impact of protected areas, deforestation


Since the late 1990s, most of the mining activities in the Democratic Republic of the Congo (DCR) have been associated with armed groups , leading to long-term instability in the country.  About 5.4 million people death every year since 1990.

Conflict minerals refer to gold (AU), tantalum (TA), tungsten (W) and tin (SN) are come from mines or developed in the conflict area.
Conflict Minerals/3T&G:
·Tantalum
·Tin
·Tungsten
·Gold


◎Legislation
U.S 《Dodd-Frank Section》 No.1502 defined ‘conflict minerals’including cassiterite、niobate、tantalite、 gold and its derivatives, and wolframite in JUN.2010.
SEC issued 《Conflict Minerals Final Law》in 2012.
The EU passed the draft 《Conflict Minerals Law》in MAY.2015.
 
Other countries and institutions are taking active action now.


 
Company is committed to the 1502nd section of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“the Dodd-Frank Act”). We solemnly declare that we do not purchase, refuse to use the conflict minerals, or their derivatives directly or indirectly, or benefit armed groups through mining and mineral transactions in the Democratic Republic of Congo (DRC) or neighboring countries.
In the management of conflict minerals, we will do corporate social responsibility, in strict compliance with international conventions, in the process of supply chain management, will be dedicated to the in supply chain conflict minerals data regularly collect, evaluation and management, to 3T&G metal smelting factory / refinery due diligence and verification. At the same time, the supply chain to carry out the risk identification and assessment of mineral resources, organize regular training to promote the supply chain management and continuous improvement in the conflict of mineral resources. Company in the process of conflict management of mineral resources of the supply chain will due diligence, In order to avoid the use of the group's products from the Congo Democratic Republic and its neighboring countries have been controlled by the radical organization of the mineral land of conflict mineral metals.



Article reference:http://www.twsz.com/liabilitydiy/323.html 
 



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