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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, EMRT)
- All suppliers must submit report of conflict minerals once a year or when the latest version of CMRT, EMRT 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.