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.
※authorship : Korea Trade International Association( source link )
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.
- 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 will be conducted for all mineral suppliers from 2016.