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Conflict Minerals Unprepared

  • Many Manufacturers Unprepared For Conflict Minerals Rule

    May 07, 2013 Many Manufacturers Unprepared for Conflict Minerals Rule. Al Bredenberg May 07, 2013. A new conflict minerals regulation is expected to affect more than 6,000 manufacturing firms and have a powerful ripple effect through the materials supply chain. Although the rule has drawn a great deal of attention, many companies have done little or nothing ...May 07, 2013 Many Manufacturers Unprepared for Conflict Minerals Rule. Al Bredenberg May 07, 2013. A new conflict minerals regulation is expected to affect more than 6,000 manufacturing firms and have a powerful ripple effect through the materials supply chain. Although the rule has drawn a great deal of attention, many companies have done little or nothing ...Apr 09, 2014 A PwC survey shows that only 4 of the 700 companies polled across 15 industries said they have completed a draft of their SEC conflict minerals filings. US firms unprepared for upcoming conflict ...Sep 12, 2012 The Conflict Minerals Statutory Provision defines the term conflict mineral as cassiterite, columbite-tantalite, gold, wolframite, or their derivatives, or any other minerals or their derivatives determined by the Secretary of State to be financing conflict in the Covered Countries.

  • Electronic Makers Unprepared For Conflict Mineral Rules

    Hidden page that shows all messages in a thread. Electronic Makers Unprepared for Conflict Mineral RulesHidden page that shows all messages in a thread. Electronic Makers Unprepared for Conflict Mineral RulesMar 14, 2017 Disclosing the Use of Conflict Minerals Background. In 2010, Congress passed the Dodd-Frank Act, which directs the Commission to issue rules requiring certain companies to disclose their use of conflict minerals if those minerals are necessary to the functionality or production of a product manufactured by those companies.Oct 26, 2012 With only about 21 months remaining until publicly-traded U.S. component manufacturers are forced by law to disclose their usage of conflict minerals to the federal government, the industry ...

  • Conflict Minerals Ethical Consumer

    Apr 24, 2018 Known as conflict minerals or 3TGs, tin, tantalum, tungsten and gold mined in the DRC have been linked to the funding of armed groups, and have helped to fuel a war for over twenty years. Worth hundreds of millions of dollars per year, the minerals provide a valuable source of income to rebel groups, militias, and criminal gangs.Apr 24, 2018 Known as conflict minerals or 3TGs, tin, tantalum, tungsten and gold mined in the DRC have been linked to the funding of armed groups, and have helped to fuel a war for over twenty years. Worth hundreds of millions of dollars per year, the minerals provide a valuable source of income to rebel groups, militias, and criminal gangs.Nov 13, 2012 Division of Corporation Finance Conflict Minerals Disclosure A Small Entity Compliance Guide 1 Introduction. 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 ...2 days ago In 2003, a groundbreaking UN report named about 125 individuals and entities, including at least 16 from the UK, directly or indirectly involved in conflict minerals.

  • Toward Electronics Free Of Conflict Minerals Huffpost

    Oct 28, 2013 Equally serious, the rule comes with a series of unintended consequences. When it comes to practical terms, many electronics manufacturers have stated that they are unprepared to meet their new obligations as they do not have information available on their usage of conflict minerals. The rule requires corporations to look into complex supply chains and in some cases will force them to find new ...Oct 28, 2013 Equally serious, the rule comes with a series of unintended consequences. When it comes to practical terms, many electronics manufacturers have stated that they are unprepared to meet their new obligations as they do not have information available on their usage of conflict minerals. The rule requires corporations to look into complex supply chains and in some cases will force them to find new ...Jul 09, 2021 The Conflict Minerals regulation in the United States Section 1502 of the Dodd-Frank Wall Street Reform and the Consumer Protection Act applies to companies who must report to the Security and Exchange Commission SEC. These companies are required to review their products and determine whether tin, tungsten, tantalum and gold 3TG are ...The EU Conflict Minerals regulation means that selected EU importers of the respective minerals also referred to as 3TG need to comply with, and report on, supply chain due diligence obligations if the minerals originate even potentially from conflict-affected and high-risk areas. The EU Conflict Minerals Regulation, which will apply ...

  • Conflict Minerals Time To Dig Deeper

    The Dodd-Frank Act, in the US, is a recent example of government action on corporations using conflict minerals. However, this article argues that the Dodd-Frank Act, and similar action in other countries, provides a very limited response to the illicit mineral trade. ... The act has caught some manufacturers unprepared, but others have jumped ...The Dodd-Frank Act, in the US, is a recent example of government action on corporations using conflict minerals. However, this article argues that the Dodd-Frank Act, and similar action in other countries, provides a very limited response to the illicit mineral trade. ... The act has caught some manufacturers unprepared, but others have jumped ...Oct 26, 2012 But with less than two years to go until the rules kick in, research firm IHS claims that most of the industry is unprepared. Conflict minerals -- specifically tin, tantalum, tungsten and gold ...Conflict Minerals are minerals mined in conditions of armed conflict and human rights abuses, by various armed rebel groups. The profits from the sale of these minerals finance continued fighting in the ongoing wars. These minerals include Cassiterite tin, Wolframite tungsten, Coltan tantalum, and Gold. Theyve become known as 3TG.

  • Evertiq Are You Ready For The Us Conflict Minerals Law

    Oct 26, 2012 With only about 21 months remaining until publicly-traded U.S. component manufacturers must disclose their usage of conflict minerals to the federal government, the industry appears to be unprepared.Oct 26, 2012 With only about 21 months remaining until publicly-traded U.S. component manufacturers must disclose their usage of conflict minerals to the federal government, the industry appears to be unprepared.The Conflict Minerals Report for the calendar year ended December 31, 2020 is filed as Exhibit 1.01 hereto. Section 2 - Exhibits Item 2.01 - Exhibits Exhibit 1.01 - Conflict Minerals Report as required by Items 1.01 and 1.02 of Form SD .Oct 30, 2012 The electronics industry appears to be unprepared and 90 percent of firms so far have not produced the data, declarations, or documentation that will help detail the presence of conflict minerals in their supply chains, says information and analytics provider IHS.

  • Conflict Minerals Rule Weekly Recap 34 July 5 2013

    Jul 19, 2013 WSJ Companies Unprepared for Conflict Minerals Rule Compliance Ben DiPietro of the Wall Street Journal WSJ reports that according to a recent PricewaterhouseCoopers LLP survey released on Wednesday, July 10, 2013, approximately two-thirds of companies are in the early stages of compliance or have not yet begun complying with the conflict ...Jul 19, 2013 WSJ Companies Unprepared for Conflict Minerals Rule Compliance Ben DiPietro of the Wall Street Journal WSJ reports that according to a recent PricewaterhouseCoopers LLP survey released on Wednesday, July 10, 2013, approximately two-thirds of companies are in the early stages of compliance or have not yet begun complying with the conflict ...Jan 12, 2021 EU Conflict Minerals Regulation. ... Dont find your company unprepared for the 2021 regulatory changes and compliance updates. Preparing now will help you have a seamless transition into a new year of compliance, making sure your products arent heldOct 02, 2014 3TG is a shortened catch-phrase referring to the red-flag minerals of tungsten, tantalum, tin, and gold, which are frequently mined in or around the conflict region of the DRC. These minerals are found in numerous parts used to produce automotive, aerospace, construction, and industrial machinery, medical and dental equipment, and the ...

  • What To Know About The Eu Conflict Minerals Regulation

    Nov 03, 2020 On January 1, 2021, the EU Conflict Minerals Regulation will take full effect. Inspired by the Dodd-Frank Act Section 1502 on US Conflict Minerals Regulation, the European law and its reporting framework align with the OECD due diligence guidelines for responsible mineral sourcing.The wider scope of the EU regulation means that impacted companies have to take a few extra steps toNov 03, 2020 On January 1, 2021, the EU Conflict Minerals Regulation will take full effect. Inspired by the Dodd-Frank Act Section 1502 on US Conflict Minerals Regulation, the European law and its reporting framework align with the OECD due diligence guidelines for responsible mineral sourcing.The wider scope of the EU regulation means that impacted companies have to take a few extra steps toConflict Minerals Disclosure 2016. Supply Chain. Conflict Minerals Disclosure 2015. Supply Chain. Conflict Minerals Disclosure 2014. Supply Chain. Conflict Minerals Disclosure 2013.Jan 04, 2017 Conflict minerals might be three, four, or more steps back in the supply chain. Of course, firms could seek to avoid buying tantalum from any suppliers that source from the DRC. The problem is ...

  • Conflict Minerals Ttm Technologies

    Conflict Minerals are commonly extracted in a conflict zone and sold to perpetuate fighting amongst armed groups. The four most commonly defined conflict minerals are coltan tantalum, cassiterite tin, wolframite tungsten, and gold, collectively known as 3TG.Conflict Minerals are commonly extracted in a conflict zone and sold to perpetuate fighting amongst armed groups. The four most commonly defined conflict minerals are coltan tantalum, cassiterite tin, wolframite tungsten, and gold, collectively known as 3TG.Nov 20, 2010 The new US legislation places the burden of responsibility on manufacturers, particularly of electronic goods, to categorically prove that they are not using minerals sourced from zones of conflict. The bill has caught some manufacturers unprepared,Apr 18, 2013 It found 35.1 giving their companies a 1, meaning least prepared and only 7.5 a 5, meaning all systems go for compliance. Most were in the middle 29.1 of

  • Towards Electronics Free Of Conflict Minerals Pro Journo

    When it comes to practical terms, many electronics manufacturers have stated that they are unprepared to meet their new obligations as they do not have information available on their usage of conflict minerals. The rule requires corporations to look into complex supply chains and in some cases will force them to find new suppliers.When it comes to practical terms, many electronics manufacturers have stated that they are unprepared to meet their new obligations as they do not have information available on their usage of conflict minerals. The rule requires corporations to look into complex supply chains and in some cases will force them to find new suppliers.Dec 31, 2019 Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act the Act requires publically held companies such as Innospec to report annually to the U.S. Securities and Exchange Commission SEC on whether the products they manufacture or contract to manufacture contain conflict minerals. Conflict minerals are defined as tantalum, tin, tungsten and gold,Oct 21, 2013 Second, conflict minerals are a widespread issue one in every five weak states is considered mineral-dependent minerals represent at least 25 of their exports xiv. Mineral-dependent fragile states include the Democratic Republic of the Congo DRC, Guinea, Central African Republic, Georgia, Somalia, and Zimbabwe among several others xv.

  • 9 Things You Need To Know About Conflict Minerals

    Dec 04, 2014 Conflict minerals have been a primary source of revenue for armed groups in eastern Congo since the late 1990s. As the Archbishop of Bukavu Fran ois-Xavier Maroy Rusengo told our team, War is planned by people who want to get a hold of this wealth. There is a correlation between mineralsDec 04, 2014 Conflict minerals have been a primary source of revenue for armed groups in eastern Congo since the late 1990s. As the Archbishop of Bukavu Fran ois-Xavier Maroy Rusengo told our team, War is planned by people who want to get a hold of this wealth. There is a correlation between mineralsConflict Minerals Background. On August 22, 2012, the final rule regarding sourcing of conflict minerals under Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act the Dodd-Frank Act was approved by the U.S. Securities and Exchange Commission the SEC .Conflict Minerals Frequently Asked Questions addresses many questions that have arisen related to conflict minerals, the SECs Final Rule, and its implementation. This FAQ document has been revised to incorporate the latest questions on guidance available on this

  • Conflict Minerals Enviropass

    The American Dodd-Frank regulation regulates the declarations of 4 conflict minerals called 3TG Tin, Tantalum, Tungsten, and Gold, namely tin, tantalum, tungsten, and gold from mines in the Democratic Republic of Congo DRC.. In the European Union, a similar law is also in force Regulation 2017821 laying down supply chain due diligence obligations for Union importers of tin, tantalum ...The American Dodd-Frank regulation regulates the declarations of 4 conflict minerals called 3TG Tin, Tantalum, Tungsten, and Gold, namely tin, tantalum, tungsten, and gold from mines in the Democratic Republic of Congo DRC.. In the European Union, a similar law is also in force Regulation 2017821 laying down supply chain due diligence obligations for Union importers of tin, tantalum ...Nov 29, 2012 The firm has been gathering information on conflict minerals for more than two years from a database on more than 300 million electronic, electromechanical and fastener components used in ...