Conflict Minerals Management
On July 16, 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”). On August 22nd 2012, U.S. Securities and Exchange Commission (the “SEC”) established rules requiring companies that file certain reports with the SEC to provide an annual disclosure as to the source of certain materials designated as “conflict minerals” in their products.
“Conflict Minerals” currently include gold, as well as tin, tantalum and tungsten, the derivatives of cassiterite, columbite-tantalite, and wolframite, respectively. These conflict minerals are referred to as “3TG.”
This provision in the Dodd-Frank Act is an effort to further the humanitarian goal of ending violent conflict in the Democratic Republic of the Congo (the “DRC”) and the adjoining region. This conflict has been partially financed by the trade of certain minerals, known as “conflict minerals,” in the DRC and in adjoining countries, which include Angola, Burundi, Central African Republic, the Republic of the Congo, Rwanda, South Sudan, Tanzania, Uganda and Zambia (the “Covered Countries”).
MGI COUTIER Group is required to comply with the above requirements and must therefore perform due diligence on, and make disclosures concerning, its use of conflicts minerals originating in the Democratic Republic of the Congo (DRC) and adjoining countries.
As a MGI COUTIER supplier you are required to respond to information requests from MGI COUTIER regarding the uses and sources of conflict minerals (tin, tungsten, tantalum and gold) in your products including information about minerals that are recycled or scrap.
In order to respond to MGI COUTIER’s information requests, you will need to make similar inquiries to your suppliers as a means to investigate the source of materials in your products, and to provide MGI COUTIER the requested information based upon the results of such inquiries.
As a consequence MGI COUTIER requires from its Supplier base the following actions:
- To be in conformity with the Dodd-Frank Wall Street Reform and Consumer Protection Act. Additional information are available at : www.aiag.org
- Fill in the available Conflict Minerals Reporting Template available on: http://www.conflictfreesourcing.org/conflict-minerals-reporting-template
- Return the Template dully filled in to firstname.lastname@example.org