Cobalt conflict mineral. On iPoint Conflict Minerals CRT 2.

Cobalt conflict mineral In addition, Knowles has established responsible mineral sourcing practices for cobalt in response to reports of child labor and other social issues. EMRT - Expands the scope to include cobalt and mica, referred to as extended minerals. Since 2019, we have required suppliers to report on their use of cobalt, using the Responsible Minerals Initiative’s Extended Minerals Reporting Template. Information on Conflict Minerals and TE's smelter list. Photo by Emmet Livingstone / AFP via Getty Images With more than 500 member companies, the Responsible Minerals Initiative is one of the most utilized and respected resources for companies from a range of industries addressing responsible mineral sourcing issues in their supply chains. The measures taken to exercise due diligence must include an independent Beyond Conflict Minerals: Understanding the Importance of EMRT in Ethical Cobalt and Mica Sourcing. Cobalt may also be sourced from the DRC region. THE CHOICE OF ALIANT BATTERY. Article. As a recognized global leader in the hi-tech supply chain, we acknowledge our corporate social responsibility to strive to procure only conflict- free minerals, based upon humanitarian and ethical social principles to protect the dignity of all persons. 4 and EMRT 1. 11 released mid of May 2020 by RMI (former CFSI). This is a template that was formally launched on October 20, 2021. Bottom line: Demand for cobalt is resulting in dangerous and unfair labor conditions in under privileged Conflict Minerals Report . As the impetus to conduct human rights due diligence Josaphat Musamba and Christoph Vogel ▪ October 21, 2021 A creuseur, or digger, descends into a copper and cobalt mine in Kawama, Democratic Republic of Congo on June 8, 2016. While cobalt is (perhaps unsurprisingly) the most exposed mined commodity, with 50% of mine sites categorised as being in CAHRAs due the concentration of cobalt Conflict Minerals Reporting Template (CMRT) 6. In recent decades, hundreds of In the wake of the energy transition, NGO’s and other corporations are pushing for cobalt to be considered a conflict mineral. Extended Minerals (Cobalt + Mica) Our complete responsible minerals Minerals, such as lithium, cobalt, copper, nickel, graphite, aluminum, rare earths, silver, and zinc are expected to experience dramatic increases in demand in the coming decades. As we learn more about potential social and environmental impacts, we continue to assess our supply chain, and we have prioritized minerals beyond 3TG and cobalt for additional due diligence. Services & Training Training Find your perfect training package to explore all functionalities and benefit from the full minerals, tin, tantalum, tungsten and gold (“3TG”), as well as cobalt and mica from conflict-affected and high-risk areas (“CAHRAs”)1, in the Group’s businesses. 4 – Cornell Dubilier’s recent supplier survey for 3TGs (Tin, Tantalum, Tungsten, and Gold) utilizing RMI’s CMRT v6. Cobalt, conflict minerals, and ‘unjustified stigmatisation’ of producers. News articles have likened the DRC’s cobalt to Wakanda’s vibranium; discussed a Canadian alternative to Responsible mineral sourcing is a major issue on the global sustainability agenda. 3TG minerals are subject to two primary sourcing regulations: Section 1502 of the U. Product Line Conflict Mineral Report Extended Mineral Report; Chip Arrays, Chip Resistors: CMRT: EMRT: Approximately 56 percent of the world’s reserves of cobalt—which is critical to the development of electric vehicle batteries and green energy storage technologies–is found in states An interactive map in Green Conflict Minerals overlays strategic mineral reserves with fragility and corruption indicators to determine potential Council (RJC), and the Tungsten Industry —Conflict Minerals Council (TI -CMC); • acquire materials from conflict -free sources, including within the DRC; • provide their supply chain conflict minerals information to us upon request, including for minerals beyond the 3TG, such as cobalt and mica; • respect Human Rights; and Conflict minerals refer to raw materials or minerals that come from a particular part of the world where conflict is occurring and affects the mining and trading of those materials. conflict minerals released under Rule 13p-1 of the U. Our aim is to ensure that 3TG sources are conflict free, meaning they do not contribute directly or The Conflict Minerals Reporting Template (CMRT) is a free template created and maintained by RMI to standardize data sharing related to the so-called ‘3TG’ minerals, (“EMRT”) facilitates data collection and sharing related to cobalt and mica (“Extended Minerals”). In light of the above considerations, Aliant Battery has embarked on a path of development of the lithium cells used in its Addressing responsible minerals sourcing should thus not only be conflated with conflict minerals and cobalt. III. Apple told The Post that it now supports including cobalt in the law. Today conflict minerals are referred to as 3TG; tin, tantalum, tungsten, and gold, but also extended initiative on this matter for the minerals of mica and cobalt. The majority of cobalt is mined in the Democratic Republic of Congo (DRC). COPPER The International Copper Association and its 39 members represent a majority of global copper production and are committed to making a positive contribution to society’s sustainable development goals. What are the requirements of the EU Conflict Minerals Regulation? The EU Conflict Minerals Regulation forces importers to implement a due diligence scheme 7, which includes following the 5 steps identified in the OECD Guidance (Articles 1-5), as well as establishing a system for As we make progress toward these ambitious goals, we continue to source 3TG and other minerals, such as cobalt and lithium, responsibly, while working to improve conditions in and around mining communities, including in the Democratic Republic of the Congo (“DRC”) and adjoining countries. It is identified by the CAS number A fair trade phone has a unique mineral mix that uses conflict-free tin, tantalum, tungsten, gold, and cobalt. We collaborate with global partners to avoid conflict minerals, cobalt, mica, silicon Our approach to Conflict Minerals and Cobalt sourcing is no different, as we have implemented the necessary processes and controls to ensure a safe, sustainable and competitive material supply for our customers, following strong ethical, social and environmental principles. The indicators are updated in real-time The Conflict Minerals Reporting Template is a standardized survey, asking questions of smelters with conflict minerals downstream a company’s supply chain. +1. While cobalt is not mentioned in the pages of the Dodd-Frank Act or the EU Conflict Minerals Regulation, many companies have adopted it into their reporting processes. RMI Templates The latest Conflict Minerals and Cobalt Reporting Templates. (Conflict Minerals Reporting Template), which only covers tin, tantalum, tungsten, and gold (3TG). Services & Training Training Find your perfect training package to explore all functionalities and benefit from the full The attention around cobalt—the conflict mineral du jour thanks to its use in electric vehicle batteries—is a case in point. Extended Minerals (Cobalt + Mica) Our complete responsible minerals solution, including cobalt and mica Wolfspeed communicates its policies to its suppliers and promotes responsible minerals sourcing throughout its supply chain. b. All Products. Supply Chain & Operations. We are continuously trying to make our suppliers deal with RMAP-certified smelters. The US, through the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, specifically within its Section 1502, requires US listed companies to be transparent about their use of conflict minerals. Since the 2000s, the minerals “conflict minerals”; in 2014 we added cobalt. To promote responsible investigations of high-risk minerals, Wolfspeed uses the Conflict Minerals Reporting Template (CMRT) and the Cobalt Reporting Template (CRT) issued by the Responsible Minerals Initiative (RMI). RMI recommends using the EMRT form for cobalt and mica supplier reporting rather than the Cobalt Reporting Template (CRT) or Mica Reporting Template (MRT), both of which were phased out in March 2022. Lincoln Electric has assessed the use of Conflict Minerals in its arc welding and cutting equipment and replacement parts. Services & Training Training Find your perfect training package to explore all functionalities and benefit from the full Our complete responsible minerals solution, including cobalt and mica reporting. Cobalt due diligence and reporting is gaining traction; the EU conflict minerals legislation is enforceable starting January 2021, so companies need to begin preparing, and most pressing of all, entities that are sanctioned by the US Office of Foreign Asset Control (“OFAC”) are popping up on smelter lists that force companies to demand Figure 2: Simplified conflict minerals supply chain. Gold, tin, tantalum (coltan), and tungsten are four other minerals mined in terrible conditions in the DRC and used in consumer electronics all over the world. Bourns Responsible Minerals Statement . Securities Exchange Act of 1934. Our Conflict Minerals technology . It is difficult for consumers to know if a product they have bought is funding violence, human rights abuses or other crimes overseas. A new EU law to stem the trade in conflict minerals. The sourcing of Extended Minerals raises similar risks to 3TG . The EMRT Extended Minerals Reporting Template for Cobalt and Mica. Cobalt and mica mining is problematic due to the natural abundance of these minerals in conflict Cobalt, a crucial component in batteries and increasingly used in renewable energy technologies, has been associated with similar issues in the DRC. “The CDI strongly supports international efforts to encourage greater traceability of minerals sourced from such conflict regions as eastern DRC, and in In 2022, Acer’s responsible minerals sourcing program continued to include 3TG, cobalt, and mica as prioritized minerals in its responsible sourcing strategy. CMRT forms are used to exchange conflict minerals data across the supply chain in order to comply with the U. If an issuer's conflict minerals originated in those countries, Section 13(p) requires the issuer to submit a report to the Commission that includes a description of the measures it took to exercise due diligence on the conflict minerals' source and chain of custody. Since then, we have expanded our efforts to also address cobalt as well broader human Apple accused by Congo over conflict minerals in iPhones on whatsapp (opens in a new window) “In 2023, 100 per cent of the identified tin, tantalum, tungsten, gold (3TG), cobalt, and lithium Cobalt is frequently mentioned alongside conflict minerals due to its prevalence in the DRC — more than 60 percent of the world’s cobalt originates from the region. The Conflict Minerals Reporting Template (CMRT) is a free, standardized reporting template developed by the Responsible Minerals Initiative (RMI) that facilitates the transfer of information through the supply chain regarding mineral country of origin and the smelters and refiners being utilized. We are taking steps to ensure the use of conflict-free and ethically-sourced minerals in our supply chain by expecting our suppliers to: At the same time, rising awareness of slave labor in cobalt mining has drawn the focus off conflict minerals, even among the company divisions and watchdog groups who were most likely to push for conflict Mineral Regulations, we continue to manage conflict minerals and cobalt ethically and responsibly, and also guide our suppliers on the code of conduct. European Commission Conflict Minerals page Conflict-Affected and High-Risk Areas (CAHRAs) Many organisations also consider cobalt a potential conflict mineral, as well as mica – a mineral that can be used as a filler in construction materials, paint and plastics. In the 2010s, the conflict minerals campaign led to a plethora of Global North policy initiatives and legislation—from the USA and Canada to the EU and the OECD—seeking to Sourcing Policy for Conflict Mineral (Cobalt) Advantech Group has focused on identifying the sources of tantalum, tin, tungsten, and gold (3TG) used in our products. In June 2023, a study While the Conflict Minerals Reporting Template (CMRT) primarily addresses tin, tantalum, tungsten, and gold (3TG), and the Extended Minerals Reporting Template (EMRT) covers cobalt and mica, the Pilot Reporting Template (PRT) provides a standardized approach for documenting and managing supply chain data for minerals beyond these—additional Cobalt isn’t the only conflict mineral mined in the DRC that ends up in our electronics. In 2022, the RMI phased out the Cobalt Reporting Template (CRT) and The specific Conflict Mineral status of all current Lincoln Electric Consumables is available below. Read to know more. This using conflict minerals in their products to disclose the source of the conflict minerals. To Some of the minerals —like cobalt in the DRC—are mined in high-risk areas already affected by conflict and human rights abuses. Conflict minerals include tin, tungsten, tantalum, and gold (3TGs). The attention around cobalt—the conflict mineral du jour thanks to its use in electric vehicle batteries—is a case in point. We provide companies with tools and resources to make sourcing decisions that improve regulatory compliance and support Expert Knowledge about Conflict Minerals and Cobalt Reporting. Others—rare earths in China, for example—are major sources of pollution, environmental There has been a push in recent years to consider cobalt as an additional conflict mineral, as since 2019 the Congo accounts for 70% of global production. TE complies with the SEC regulations requiring supply chain reporting and due diligence with respect to sourcing Conflict Minerals and the products that contain them. Energizer sells the following products which may include Intel first began to work towards responsibly sourced conflict minerals from the Democratic Republic of Congo and adjoining countries about 12 years. Apple Commitment to Responsible Sourcing. That said, e thical sourcing could still be greatly improved through the employment of systems and processes capable of tracking as many suppliers as possible. Information on Conflict Minerals, Cobalt and Mica OJ Electronics A/S is committed to ensure that minerals contained in our products are sourced with due respect for human rights, the need to avoid contributing to conflict and the desire to support development through our New Conflict Minerals Reporting Template, Extended Minerals Reporting Template Released. Minerals responsible sourcing is a highly fluctuating field in which reputational and material risks drive innovation. The two organizations collaborated to revise the Cobalt Refiner Supply Chain The Extended Minerals Reporting Template (EMRT) is a free, standardized reporting template developed by the Responsible Minerals Initiative to identify pinch points and collect due diligence information in the cobalt and mica supply chains. CMRT 2. Cobalt is a conflict mineral. The office also builds international support for due diligence guidelines intended to help industry develop a 冲突矿产是什么意思？ 冲突矿产，英文名是Conflict Minerals，简称CM，源于刚果民主共和国(DCR)矿产冲突的开采和贸易，助长刚果东部的融资冲突特点至极端的暴力水平。自90年代后期开始，这冲突已经夺取超过540万人的生命。 来自于刚果民主共和国非政府军事团体或非军事派别所控制冲突地区的矿区 The No. This is why tracking of the origin of minerals is extremely challenging. 4 million metric tons of cobalt, almost half the world’s known supply. At a top-line level this focuses Also expanded Conflict Mineral policy to include CAHRAs, piloted RSBN proof of concept, and integrated cobalt due diligence into battery supplier market test. 9. Current concerns around mica extraction in India and Madagascar, lithium operations in the South American lithium Microsoft supply chain mineral disclosure requirements go beyond 3TGs and cover additional prioritized minerals. 11 will be active for the reporting year 2020 onwards. It has also not been included in the International Conference of the Great Lakes Region’s (ICGLR) efforts to ensure legal, traceable, and conflict-free supply conflict minerals (tantalum, tin, tungsten, gold) and three responsible minerals (cobalt, molybdenum, lithium). 11. 31. Conflict minerals sourced from conflict-affected locations directly contribute to ongoing violence and forced labor in these regions. If cobalt is a conflict mineral, then the cobalt mining region should present similar characteristics than the Southern Congo sits atop an estimated 3. With the official CAHRAs list, these companies will likely adopt the new global perspective to mineral sourcing, requiring their suppliers to execute due A conflict mineral is a term used to refer to natural resources extracted from areas involved in armed conflict and human rights abuses. Some say cobalt should be added to the conflict-minerals list, even if cobalt mines are not thought to be funding war. Mica is largely known for its application in cosmetic products and paint. The issues with cobalt and mica mining. Let’s start by discussing the targeted minerals. Due diligence is being conducted upon any exceptions noted. 31, dated 09AUG2024. Expert Knowledge about Conflict Minerals and Cobalt Reporting. It affects foreign investment in the cobalt industrial sector, which accounts for about 70-80% of the country’s total production and, by extension, the DRC’s efforts to grow its revenues. TE Connectivity (TE) Skip Navigation. The countries or areas considered to be conflict-affected or high-risk are those whose natural resources include minerals which are in high demand, either locally, regionally The latest Conflict Minerals and Cobalt Reporting Templates. In August 2012, the United States Securities and Exchange Commission (“SEC”) issued its final rules to expand our survey to cover the use of Cobalt and Mica in ABB products. Conflict-free minerals help to ensure social, economic, and environmental justice throughout the supply chain. To know more: Principles of responsibility > Sustainability webpage > Resource-rich nations such as the Democratic Republic of Congo (DRC) and Rwanda—which produce minerals ranging from coltan, cobalt, gold, tungsten, and tantalum, to tin (3TG)—hold tremendous importance in the global supply chains. The results of that assessment and due diligence have been Conflict minerals are minerals sourced from conflict-affected locations, and which directly contribute to ongoing violence and forced labor in these regions. Furthermore, if cobalt is not a conflict mineral, then treating it like a conflict mineral will The Office of Threat Finance Countermeasures, in conjunction with other State Department bureaus and U. and international society Conflict Minerals is a part of this corporate responsibility. 2 AMRT 1. In some cases of semantic contortion, the meaning of ‘conflict’ has even been narrowed to be used synonymously with violence in eastern parts of Congo, as if armed confrontations and human rights abuses elsewhere in the Until now, cobalt has not yet drawn as much attention from regulators compared to other conflict minerals, examples of which include the EU’s Conflict Minerals Regulation, and the United States Conflict Minerals, including purchasing, legal, supply chain, product stewardship and environmental health and safety functions. Depending on where they come from, these materials are not always conflict minerals, and it is possible to source them from conflict-free regions. The current focus on nonfuel minerals, especially critical minerals that enable advanced technologies, was precipitated by the Chinese government’s abrupt reductions of rare earth element (REE) export quotas from 2009 through In 2019, after the RMI included cobalt mines in the scope of conflict mineral investigation, GIGABYTE immediately added cobalt mines into investigating items. 2 AMRT Cobalt is a key raw material required for lithium-ion batteries. It is also used for insulation and heat resistance, and These include the nickel, lithium and cobalt used in batteries, as well as rare-earth elements such as neodymium and samarium, which are essential to the magnets of wind turbines and electric However, it should also be appreciated that cobalt is a critical raw material and a technology-enabling metal essential to sustainable global development. Knowles Corporation has included this Conflict Minerals Report as anexhibit to its Form SD for 2021 as provided for in Rule 13p-1 under the Securities Exchange Act of 1934, as amended, and Form SD (collectively, the “Conflict Minerals Rule”). These include three environmental dimensions (waste, water and conservation); three social dimensions (land uses, communities and social Expert Knowledge about Conflict Minerals and Cobalt Reporting. 1 Software for Conflict Minerals and Cobalt Compliance & Reporting Conflict minerals are often present in complex products for specific requirements that have a low vertical range of manufacture. PPG ensures ethical conduct and responsible sourcing. Cobalt, a vital component in electronics and superalloy metals, is mostly mined in the Democratic Republic of Congo (DRC), where small-scale mines often use dangerous manual extraction techniques, and profits are used to fund armed groups These minerals are often referred to as “conflict minerals” because profits from the sale of minerals mined from certain smelters within the Democratic Republic of the Congo (DRC) and adjoining countries have funded wars and related human rights violations in Various conflict minerals legislation is driving major companies like Apple to disclose and reconsider their use of so-called ‘conflict minerals’ A cobalt mine in the Democratic Republic of Congo. When tantalum, tin, tungsten and gold are used to finance conflict in such conflict-affected and high-risk areas, the U. There have been reports that neighboring countries in Central Africa, including Rwanda CONFLICT MINERALS (3TG and Cobalt) UPDATED: 09AUG2024. Services & Training Training Find your perfect training package to explore all functionalities and benefit from the full Mineral resources have long been a source of leverage and conflict between competing nations (Barbera 1982; Dumett 1985). This policy further demonstrates Vertiv’s stance to conflict minerals use and sourcing to ensure compliance with applicable laws and regulations related to the supply of products which contain conflict minerals. In the European Union, a similar law is also in force: Regulation # 2017/821 laying down supply chain due diligence obligations for Union importers of tin, tantalum, and tungsten, their ores, and The Policy stipulates the promotion of responsible sourcing of minerals throughout the supply chain, including for issues relating to minerals such as tantalum, tin, tungsten, gold, cobalt, and mica, both from conflict areas and those areas which may involve risks, such as the presence of human rights violations or environmental destruction Specifically, Congress noted that conflict minerals were helping to finance conflict, including in eastern DRC. These minerals may be mined in the Democratic Republic of the Congo (DRC) and the adjoining countries, where armed groups responsible for the ongoing conflict use the exploitation and trade of the minerals to fund their violent operations. As such, we continue to strive to minimize the negative impact on society and the SEE: CBS News finds children mining cobalt for batteries in the Congo The three main conflict minerals are cassiterite, Coltan, and wolframite, sometimes referred to under the acronym 3T, a Cobalt isn’t strictly defined as a conflict mineral and falls outside the scope of most international conflict mineral regulations, such as those created by the US and European Union. Dodd-Frank Act and the EU Conflict Minerals Regulation. It aims to help stem the trade in four minerals – tin, tantalum, tungsten, and gold – which sometimes finance armed conflict or are mined using forced labor. (Michael Robinson Chavez/The Washington Post via Getty Images) In the early 2000s, activists began to campaign against the extraction of “conflict minerals”—a catchall Apple's 2023 Conflict Minerals Report states that "no reasonable basis" was found for the company's supply chains to have "directly or indirectly" financed or benefited armed groups in the DRC or Conflict Minerals. After we shared last month, the response was overwhelming. onflict Minerals efinition Conflict minerals: In Congo-Kinshasa and the surrounding countries, the mining of tin, tantalum, tungsten and gold (known as “3TG” conflict minerals), cobalt and other rare earth elements have caused serious human rights and environmental issues. The Extended Minerals Reporting Template (EMRT) allows companies to share information about the origin of conflict minerals throughout the supply chain. On August 22, 2012, the U. 1 Expert Knowledge about Conflict Minerals and Cobalt Reporting. CMRT and CRT DOWNLOADS. Communicating to our existing and new global suppliers our expectation for transparency in their conflicted minerals, such as cobalt-containing materials, and to collaborate with our peers on cross-industry Expert Knowledge about Conflict Minerals and Cobalt Reporting. Armed conflict may take a variety of forms, such as a conflict of On January 1, 2021, a new law went into force across the EU: the Conflict Minerals Regulation. In an effort to counter these abuses, significant international legislation has been enacted. See how our Responsible Minerals — Conflict Minerals solution gives deep transparency into mineral sourcing. Spurred by “conflict minerals”, debates about the ethics of mineral supply chains now encompass a broad set of concerns including child labor, corruption, environmental degradation, and a green transition away from fossil fuels. Starting in 2022, we expanded our list of responsible minerals to include two additional minerals (copper, nickel) and further added two new minerals (aluminium, silver) in 2023, resulting in a total of 11 minerals under In 2016, we extended our efforts to monitor cobalt, another potential conflict mineral found in our products and technologies. 31 now available to download. There is a long history of conflict between mining and Indigenous Peoples and local communities (IPLCs) in Latin America, Africa, and Asia. S. With a growing demand for cobalt and mica comes major concerns regarding where and how they are sourced. TE Connectivity (TE) or Chat. Benchmark Mineral Intelligence | March 19, 2016 | 9:41 am Base Metals Battery Metals Africa Cobalt Copper Nickel The The mica group represents 37 types of minerals, with layered structures that allow them to be split into thin flakes or sheets. The law is intended to prevent the Democratic Republic of Congo (DRC) na-tional army and rebel groups from funding conflict with earnings from the minerals trade. The RMI If cobalt is not a conflict mineral, what is the issue with sourcing cobalt? The sale of cobalt has been historically used to fund conflict activities, and has been a source of potential human rights violations, including slavery and illegal child labor. Continental per-forms due diligence on a regular basis Citing cobalt alongside other conflict minerals has unintended and negative effects. 7123; But The Conflict Minerals Reporting Template of conflict minerals and cobalt in the DRC and Covered Countries. These determinations are based on the prevalence in our products Our efforts to break the link between the minerals trade and conflict in the Democratic Republic of the Congo began in 2008. 31 EMRT 1. Conflict minerals regulation has failed to change mechanism linking resources and conflict. Support of official CRT 2. Conflict minerals are attached with ambiguous levels of volatility that influence global markets. Services & Training Training Prominent examples include the EU Commission’s Conflict Minerals Regulation, which came into full force on 1 January 2021, and the LME’s Responsible Sourcing Requirements. The RMI This includes within mineral value chains; in particular the adverse impacts from sourcing ‘conflict minerals’ (tin, tantalum, tungsten and gold) as well as cobalt and other minerals. 585. Cobalt has the symbol Co and is the 27th element on the periodic table. 16 While companies like Apple are in a significantly advanced position, it is clear others are now following. While not In summary, Cobalt is not a conflict mineral, but its mining methods in a state of armed conflict and increasing demand make it one of the most critical components for lithium batteries. 28. « Conflict Minerals Policy Continental recognizes the risks of adverse impacts associated with extracting, trading, and handling cer- however, 3TG, cobalt and mica are contained in goods that we procure from our suppliers and incor-porate these minerals into some of Continental products. You wanted to know: We would like to show you a description here but the site won’t allow us. CMRT 6. Both require conflict mineral tracing throughout the supply chain, which consists of gathering smelter data and compiling compliance reports. Even though cobalt is not identified as a conflict mineral, around 74 % of the The blog on cobalt & mica reporting through extended minerals reporting template is implemented by RMI for supply chain transparency. If cobalt is a conflict mineral, then the cobalt mining region should present similar characteristics than the 3TG mining region in Congo. Joined The CopperMark. “Our mission is to maintain the positive progress we’ve made to date on 3TG2 and cobalt, and to address risks as they emerge from the expanding scope of The Automotive Industry Action Group (AIAG) proactively added cobalt and mica to its conflict minerals working group, and they advocate for due diligence when sourcing minerals beyond 3TGs. Ensure compliance with evolving conflict mineral regulations Over a dozen years ago, Intel began work to responsibly source conflict minerals 1 from the Democratic Republic of Congo (DRC) and adjoining countries. Services & Training Training Find your perfect training package to explore all functionalities and benefit from the full Expert Knowledge about Conflict Minerals and Cobalt Reporting. By providing a standardised Responsible Minerals Assurance Process (RMAP), the RMI enables companies to assess and certify smelters and - Conflict Minerals Policy - Corporate responsibility and respect of human rights are essential for Infineon Technologies AG and its Microsoft Word - IFX Conflict Minerals-Cobalt Policy 2021-09_corporate design_final Author: bipp Created Date: 8/18/2021 5:34:52 PM The Additional Minerals Reporting Template (AMRT), formerly known as the Pilot Reporting Template (PRT), is a free, standardized reporting template developed by the Responsible Minerals Initiative to identify pinch points and collect due diligence information for minerals not covered by the Conflict Minerals Reporting Template (CMRT) and Extended Apple's decision to treat cobalt as a conflict mineral, although not required to do so by law, is a case in point. RMI CMRT v6. agencies, actively works to sever the links between mineral resources and conflict through government-to-government diplomatic efforts. Minerals like lithium and cobalt are key components in the batteries that could support the world’s transition away from fossil fuels. TE Connectivity. The template also The Extended Minerals Reporting Template (EMRT) is a free, standardized reporting template developed by the Responsible Minerals Initiative to identify pinch points and collect due diligence information in the cobalt and mica supply chains. 2. While the regulations are similar, the EU Conflict Minerals Global efforts to regulate conflict minerals. The past two decades have seen a flurry of initiatives to clean Of course, adding cobalt to the definition of conflict minerals would impact companies that are working to gather sourcing information about the 3TG in their products. On August 22, 2012, the Securities and Exchange Commission (“SEC”) adopted a new rule and form, as mandated by Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”), to require companies to publicly disclose their use of conflict minerals that originated in the Democratic Cobalt is not a conflict mineral by legal definition and thus is not regulated by the US Dodd Frank Act or the European Union’s Conflict Minerals Regulation. Tantalum, tin, tungsten, gold and cobalt are commonly used in a wide range of electronic products, and they are among the most illegally exploited minerals in conflict-affected and high-risk areas. The literature on this topic, however, suggests that the Multiple reports have highlighted concerns over social and environmental impacts of cobalt extraction, including child labor and unsafe working conditions in artisanal cobalt mining. Vertiv’s contracts with direct suppliers require the Workers walk in Glencore’s Mutanda Mine, which Tesla sources cobalt from, in southeastern Democratic Republic of Congo, on June 19th, 2023. From January through March of 2019, using the Conflict Minerals Reporting Template (CMRT) and the Cobalt Reporting Template (CRT), Samsung Electronics collected data on conflict minerals, cobalt, and information on smelters within the supply chain from the worksites of all suppliers with which it was currently in business as of end-2018. ① Cobalt (Symbol of element: Co) Cobalt is mostly used in lithium-ion batteries that constitute an integral part of electric vehicles, mobile Conflict coltan refers to what many investors are no doubt aware of: tantalum’s conflict mineral status. 935. Services & Training Training Find your perfect training package to explore all functionalities and benefit from the full Conflict minerals, as defined by the US Dodd-Frank Act, include tantalum, tin, tungsten, and gold (3TG) that are illegally mined in the 10 African The characteristics of each mineral are as follows. > FLABEG Conflict Minerals, Cobalt or Mica Policy. Section 1502 of the act required the SEC to promulgate regulations containing disclosure and reporting requirements for companies that use conflict minerals from the DRC and adjoining countries. According to an internal presentation, by 2017 Huayou controlled twenty-one per cent of the global cobalt market. The ESG risk context is modelled using seven dimensions. 3 now available to download. White Papers, eBooks On iPoint Conflict Minerals CRT 2. White Papers, eBooks & Videos Frequently Asked Questions. The conflict minerals compliance landscape has changed significantly in recent years with an expanded focus beyond the scope of 3TG (tin, tantalum, tungsten, and gold) to include extended minerals (cobalt and mica) and additional minerals, such as copper, nickel, and lithium. For each metal/mineral, the total number of Eligible facilities are provided, along with the facilities that have an Assessment Status of either Active or Conformant. The main narrative of the conflict minerals campaigns organized by international NGOs was that armed groups operating in eastern DRC were violently seizing control of Used to fund criminal activities, minerals such as tungsten, tin, gold, cobalt and tantalum are illegally mined, smuggled and sold to manufacturers worldwide. Other examples include cobalt and coltan, both used in the production of We collaborate with global partners to avoid conflict minerals, cobalt, mica, silicon from entities financing conflict or linked to human rights abuses, promoting economic development in high-risk areas. As These so-called 'conflict minerals', such as tin, tantalum, tungsten and gold, can find their way into our mobile phones, cars and jewellery. Governments, international organizations, investors, customers and industry stakeholders expect the private sector to drive responsible behavior and reach Western consumers could help alleviate conflict and suffering by pressuring electronics giants such as Apple and Intel to stop sourcing these ‘conflict minerals’. In this impoverished nation in central Africa, men, women, and children work in dangerous and unhealthy conditions mining cobalt. Two years later, cobalt became part of our standard process, and we published our first Cobalt Reporting Expert Knowledge about Conflict Minerals and Cobalt Reporting. The “conflict minerals” narrative is too often framed by geography – most frequently by the geography of the DRC. In addition, we are committed to engaging with our customers regarding their disclosure obligations. . While there should be greater traceability of minerals sourced from conflict regions, cobalt is not a conflict mineral and should be labelled as such. With a significant portion of these These lessons are relevant beyond the specifics of the 3T supply chain. Several companies throughout the cobalt supply chain are now intensifying their due diligence activities. On May 26, the Responsible Minerals Initiative (RMI) released an updated Conflict Minerals Reporting Template (CMRT) version: CMRT 6. The below indicator boxes provide a snapshot of facility participation within the RMI's assessment programs. Also updated Conflict Mineral Policy: Responsible Material Policy addresses conflict minerals and expanded due diligence for additional materials. The challenge of conflict minerals highlights the interconnectedness of global supply chains and the responsibility of the mining industry to consider the broader impacts of its operations. EMAIL US! Cobalt. The Dodd-Frank Act, actually a law to reform US financial market law in the wake of the 2008 financial crisis, requires US-listed companies in Article 15 (1502) to document and disclose the use of so-called “conflict minerals”. CMRT (Conflict Minerals Reporting These so-called 'conflict minerals' such as tin, tungsten, tantalum and gold, also referred to as 3TG, can be used in everyday products such as mobile phones and cars or in jewellery. The Democratic Republic of Congo (DRC), Africa’s second-biggest country by land Conflict minerals are minerals that are used by armed groups to fund violence. Cobalt is a mineral that is generally produced as a byproduct of mining other mineral ores, such as copper and nickel. Source: Deloitte & EPRM. Although the minerals in Katanga and Kasai in the south, cobalt, copper, and diamonds, constitute the DRC's major mineral resources and support the country's economy, they are not included in conflict minerals. Conflict Minerals Conflict Minerals Survey: Definition of CAHRAs in OECD Definition of Conflict-Affected and High-Risk Areas (CAHRAs*1) in OECD: Conflict-affected and high-risk areas are identified by the presence of armed conflict, widespread violence or other risks of harm to people. In 2020, we The Democratic Republic of Congo (DRC)’s “conflict minerals” (tin, tantalum, tungsten, gold) often appear in advocacy campaigns given their importance for western consumer electronics, but a different mineral, cobalt, has gained media attention recently. Originally used to create dyes due to its brilliant blue color, cobalt is now used in the creation of superalloys and is a key component Green Conflict Minerals: The fuels of conflict in the transition to a low-carbon economy minerals like cobalt, lithium and bauxite; increased investments in their extraction should, in a well-governed sector, result in increased revenues to the state from taxes and royalties, improved infrastructure, more jobs, and increased The Cobalt Development Institute (CDI) has also been clear about its stance: while it supports greater supply chain transparency, cobalt is not to be confused with conflict minerals. The Responsible Minerals Initiative has created a free reporting template that can be used to standardize the reporting of conflict minerals such as cobalt or mica. One of the most commonly cited examples of conflict minerals are blood diamonds, which are mined in war zones and sold to fund armed groups and conflicts. Therefore, the EU passed a new regulation in May 2017 to stop: conflict minerals and metals from being exported to the EU; Expert Knowledge about Conflict Minerals and Cobalt Reporting. Securities and Exchange Commission (SEC) adopted a final rule to implement reporting and disclosure requirements related to Conflict Minerals as directed by Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. After acquiring mineral rights in the region, in 2015, it built two cobalt refineries. Conflict minerals (defined in the Dodd-Frank Act as tin, tantalum, tungsten, and See more Conflict minerals are minerals that are used by armed groups to fund violence. As such, we continue to strive to minimize the negative impact on society and the A Small Entity Compliance Guide 1 Introduction. Australia is a major ALEXANDRIA and BEIJING, August 19, 2021 – The Responsible Minerals Initiative (RMI) and Responsible Cobalt Initiative (RCI) today announced the publication of their revised Cobalt Refiner Supply Chain Due Diligence Standard. Nonetheless, legal requirements related to human rights due diligence are evolving globally. conflict Mineral Regulations, we continue to manage conflict minerals and cobalt ethically and responsibly, and also guide our suppliers on the code of conduct. Mica is a group of minerals used in paints, automobile parts, shingles, electronics, and cosmetic items. [28] Cobalt demand has also increased 70% from 2017 to 2022 driven by lithium-ion battery demand, and “the Enough Project estimates that 60 percent of that production [in the Congo] comes We continue to work with Responsible Minerals Initiative (RMI) to enhance and develop templates focused on reporting conflict minerals, cobalt, mica, and extended minerals within the supply chain. The date of filing Despite the data, there isn’t any regulation in the cobalt market, Amnesty International says, and cobalt isn’t listed as a “conflict mineral” in the United States. These are not covered under the CMRT due to their different sourcing concerns and uses in The Cobalt Institute promotes the sustainable and responsible use of cobalt in all forms. While there is no conflict in the area where cobalt is extracted, working conditions and child labor have been discussed in much the same way as conflict minerals were back in the 2000s: in decontextualized and The American Dodd-Frank Act regulates the declarations of 4 conflict minerals called 3TG (tin, tantalum, tungsten, and gold) from mines in the Democratic Republic of the Congo (DRC). uaecp mdqj yomvpf ffrkown bij giyix crfm vzqm aejrdhv kvsa