What is conflict minerals?
- The term 'conflict minerals' is defined as columbite-tantalite, also known as coltan (from which tantalum is derived); cassiterite (tin); gold; wolframite (tungsten); or their derivatives; or any other mineral or its derivatives determined by Secretary of State to be financing conflict in the Democratic Republic of the Congo or an adjoining country.
SIMMTECH commitment for conflict minerals
- SIMMTECH does not use conflict minerals produced in 9 countries including Democratic Republic of the Congo in order to meet Dodd-Frank Wall Street Reform and Consumer Protection Act.
- Report conflict minerals templates (CMRT)
- All suppliers must submit report of conflict minerals once a year or when the latest version of CMRT is released.
- Pledge promise
- All suppliers must submit a written oath, stating that conflict minerals are not used.
- Country of origin
- All suppliers must submit the proof of country of origin at the initial business transaction, and SIMMTECH reserves the right to ask for the proof any time.
- Annual audit
- Annual audit will be conducted for all mineral suppliers from 2016.