The U.S. Department of Commerce has finally published its long awaited list of all known facilities that process tin, tantalum, tungsten, or gold -- the so-called “conflict minerals.” Despite taking an additional year and seven months past its original deadline set in the 2010 Dodd-Frank Act, and despite using the combined resources and efforts of the Commerce Department, the OECD, and the U.S. Geological Survey, the list is inconclusive.
Entries in Tin (11)
Reporting companies filed Form SDs with the SEC Monday, and most said its not fully clear if their products contain conflict minerals from Africa's Congo region.
In a one-sentence order Wednesday, the U.S. Court of Appeals for D.C. denied the National Association of Manufacturer's (NAM's) emergency motion to stay enforcement of the SEC's conflict minerals.
Two of the SEC's five commissioners said Monday the conflict mineral disclosure rule shouldn't be enforced during a federal court challenge and the entire rule should be struck down.
The first conflict minerals report was submitted to the Securities and Exchange Commission Thursday by Taiwan-based Siliconware Precision Industries Co., Ltd.
An appellate court Monday struck down part of the conflict-minerals rule, leaving SEC-reporting companies wondering what disclosures to include in their conflict minerals reports due on May 31.
The European Commission issued a draft regulation on conflict minerals Wednesday, outlining a voluntary self-certification system that's not limited to central Africa.
This post is the third and last in a series exploring the topic of conflict minerals.
In Part one, examined the origins of the reporting requirement. In Part two, we explored what constitutes sufficient due diligence in an investigation of a company and its supply chain.
Part three gives a nonexhaustive checklist of compliance best practices that companies can consult to begin their examination and reporting activities.
Apple will begin publishing names of suppliers every quarter showing whether they have verified the source of the minerals they use.
Last year the OECD issued a 65-page publication called 'Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.