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Guide to the policy of Namdo Mold Conflict Minerals
Date : 2019-07-15 Clicks : 625
Overview of Conflict Minerals Referring to minerals such as tin, tantalum, tungsten and gold produced in countries where conflicts are occurring, such as the Democratic Republic of Congo or its neighboring countries. Money generated by conflict minerals has been funneled into armed forces in the country, killing its own people, as well as damaging human rights such as child and forced labor and abuse of women in the mining process. Amid mounting international concern, in 2010, the U.S. Congress enacted a Dodd-Frank Wall Street Reform and Consumer Protection Act that required reporting of the use of conflict minerals, and pursuant to Article 1502 above, companies listed on the U.S. stock market to investigate whether and where they were used, conduct due diligence on supply chains and report the results to the U.S. Securities and Exchange Commission. Conflict region Democratic Republic of the Congo and 9 adjoining countries Reserve of Conflict Minerals in Conflict Region - Conflict area reserves / World reserves(%) - Reference : Philips 2012, IBM, 2011 CSR Report Conflict Mineral Policy Article 1 Purpose NAMDO MOLD pledges not to use minerals in the disputed area for the products manufactured by us in relation to the disputed mineral use regulation conducted by the US Securities and Exchange Commission. Article 2 Conflict Minerals (3TG) Minerals mined in conflict areas 4 things - Tin, tungsten, tantalum, and gold conflict zones: DR Congo, Congo, Sudan, Rwanda, Burundi, Uganda, Zambia, Angola, Tanzania, Central Africa Article 3 Regulations The United States Securities and Exchange Commission (SEC), when the US Securities and Exchange Commission (the SEC) delivers products to US listed companies and publicly listed companies, as the mining and distribution of minerals in the Democratic Republic of Congo and neighboring countries takes over, Regulation to report related content (Related Homepage : http://ntb.kita.net/conflict/cope_is.screen?menuid=ntb030101) Article 4 Policy and countermeasures for disputed minerals ① We, as a part of compliance with the above regulations, in principle prohibit the use of minerals produced in the disputed area among the products supplied by our suppliers ② Commit to use only minerals of CFS-FREE certified smelter related to dispute minerals (Related Homepage : http://www.conflictfreesourcing.org/conflict-free-smelter-refiner-lists/) ③ In the case of suppliers supplying raw materials to our company, CMRT provides information on the origin (smelter) of the mineral Must do. (CMRT: Conflict Minerals Reporting Template)
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95번 게시글

Guide to the policy of Namdo Mold Conflict Minerals

Date : 2019-07-15 Clicks : 625

Overview of Conflict Minerals

Referring to minerals such as tin, tantalum, tungsten and gold
produced in countries where conflicts are occurring,
such as the Democratic Republic of Congo or its neighboring countries.

Money generated by conflict minerals has been funneled into armed forces in the country, killing its own people, as well as damaging human rights such as child and forced labor and abuse of women in the mining process.

Amid mounting international concern, in 2010, the U.S. Congress enacted a Dodd-Frank Wall Street Reform and Consumer Protection Act that required reporting of the use of conflict minerals, and pursuant to Article 1502 above, companies listed on the U.S. stock market to investigate whether and where they were used, conduct due diligence on supply chains and report the results to the U.S. Securities and Exchange Commission.

Conflict region

Democratic Republic of the Congo
and 9 adjoining countries

Reserve of Conflict Minerals in Conflict Region

- Conflict area reserves / World reserves(%)
- Reference : Philips 2012, IBM, 2011 CSR Report

Conflict Mineral Policy

Article 1 Purpose

NAMDO MOLD pledges not to use minerals in the disputed area for the products manufactured by us in relation to the disputed mineral use regulation conducted by the US Securities and Exchange Commission.

Article 2 Conflict Minerals (3TG)

Minerals mined in conflict areas 4 things - Tin, tungsten, tantalum, and gold conflict zones: DR Congo, Congo, Sudan, Rwanda, Burundi, Uganda, Zambia, Angola, Tanzania, Central Africa

Article 3 Regulations

The United States Securities and Exchange Commission (SEC), when the US Securities and Exchange Commission (the SEC) delivers products to US listed companies and publicly listed companies, as the mining and distribution of minerals in the Democratic Republic of Congo and neighboring countries takes over, Regulation to report related content
(Related Homepage : http://ntb.kita.net/conflict/cope_is.screen?menuid=ntb030101)

Article 4 Policy and countermeasures for disputed minerals

① We, as a part of compliance with the above regulations, in principle prohibit the use of minerals produced in the disputed area among the products supplied by our suppliers
② Commit to use only minerals of CFS-FREE certified smelter related to dispute minerals
(Related Homepage : http://www.conflictfreesourcing.org/conflict-free-smelter-refiner-lists/)
③ In the case of suppliers supplying raw materials to our company, CMRT provides information on the origin (smelter) of the mineral Must do. (CMRT: Conflict Minerals Reporting Template)

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