With regards to the Dodd-Frank Wall Street and Consumer Protection Act of 2010, Mac Metals would like to make clear our commitment to reducing conflict in the Democratic Republic of Congo (DRC) and surrounding areas by ensuring that all points in our supply chain are conflict-free. Learn more about conflict minerals and read our statement below.
What is a Conflict Mineral?
Dodd–Frank Section 1502 defines “conflict minerals” as cassiterite, columbite-tantalite, gold and wolframite, as well as their derivatives and other minerals that the US Secretary of State may designate in the future.
Which Conflict Minerals are Covered in Dodd-Frank?
|Gold||Rare metal found in a native (pure) form and obtained as a by-product of other mining operations.||Jewelry, electronic, communications and aerospace equipment|
|Cassiterite||Ore from which tin is extracted||Plating and solders for joining pipes and electronic circuits|
|Columbite-Tantalite||Ore from which tantalum is extracted||Electrical components (including those used in mobile phones, computers, videogame consoles), aircraft and surgical components|
|Wolframite||Ore from which tungsten is extracted
|Metal wires, electrodes and contacts in lighting, electronic, electrical, heating and welding applications|
Countries Covered in Conflict Minerals Report
Thanks again to Ernst and Young for sharing the full report as a result of the Securities and Exchange Commission (SEC) rulings. The following countries are tied to the conflict minerals report and produce 15%-20% of the world’s supply of Tantalum.
- Democratic Republic of the Congo (DRC)
- Central Africa Republic
- South Sudan
- The Republic of the Congo
Conflict Mineral Q & A
As part of the SEC filings, the commission provided a frequently asked questions section to inform consumers and businesses on the rulings and specifications of Dodd-Frank Wall Street Reform and Consumer Protection Act which can be found on the SEC Website.
Mac Metals Commitment to Conflict-Free Production
Although reporting requirements only apply to publicly traded companies that report to the SEC, it is expected that these requirements will be passed through our entire copper-based industry supply chain. Our commitment is as follows:
- Support the aims and objectives of the U.S. legislation on the supply of “conflict minerals.”
- Do not knowingly procure specified metals that originate from facilities in the “Conflict Region” that are not certified as “conflict free”.
- Ensure compliance with these requirements, and ask our suppliers to undertake reasonable due diligence with their supply chains to assure that specified metals are being sources only from:
- Mines and smelters outside the “Conflict Region”
- Mines and smelters which have been certified by an independent third party as “conflict-free” if sourced in the “Conflict Region.”
If we discover the use of these materials produced in facilities that are considered to be “non-conflict free”, in any material, parts or components we procure, we will take appropriate actions to transition product to be “conflict free.”
For our full statement regarding conflict minerals, please head over to our Conflict Minerals Policy Statement page.
Mac Metals is proudly made in the USA, committed to environmentally sound production, and committed to minimizing conflict in the ‘Conflict Region.’ Our Architectural Metals team is ready to assist you on your next project. Read through our newly improved gallery, read more about our company, and contact us for more information.