In August 2012, the U.S. Securities and Exchange Commission, pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, adopted the final rule to implement reporting and disclosure requirements related to “conflict minerals.”
The term “conflict minerals” refers to gold, tin, tantalum, and tungsten, derivatives of cassiterite, columbite-tantalite, and wolframite, regardless of where they are sourced, processed, or sold.
Ceric Fabrication Co. Inc. supports the humanitarian goal of ending violent conflict in the Democratic Republic of the Congo (DRC) and surrounding countries, which have been partially financed by the exploitation and trade of “conflict minerals.”
- Support the objectives of the U.S. legislation on the supply of “conflict minerals.”
- Take the required steps to source from socially responsible suppliers when the choice of supplier is within our control and encourage our customers and suppliers to do the same.
- Ask our suppliers to undertake reasonable due diligence with their supply chains to assure that specified metals are being sourced only from mines and smelters outside the “conflict region” or mines and smelters which have been certified by an independent third party as “conflict free” if sourced within the “conflict region.”