Conflict minerals are mostly referred by companies as 3TG, which are Tin, Tungsten Tantalum, and Gold.
Conflict minerals are used in many major IT products are responsible to fuel wars and according to US Department of State, the armed groups (Warlords) have been committing severe human rights abuses including sexual assaults and violence for a longer period of time in the DRC and its adjoining countries.
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 Republic of the Congo (“DRC”) or an adjoining country (together with the DRC, “Covered Countries”).
The internationally recognized OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, has a broader scope and covers all minerals, not only 3TG ( Reference responsible minerals Initiative – RMI).
Below are the templates used for reporting various minerals:
TechAdvance is committed towards providing latest and dynamically updated comprehensive Minerals supply chain report via CMRT, EMRT, and PRT.
Reliable and accurate data reduces the time and cost of supply chain management. TechAdvance expertise in data collection can help solve your CMRT, EMRT, PRT data collection challenges.