EX-1.01 2 exhibit1012020formsd.htm EX-1.01 Document

Exhibit 1.01
Conflict Minerals Disclosure
Introduction
Trane Technologies plc has conducted a reasonable country of origin inquiry ("RCOI") regarding the minerals specified by Rule 13p-1 of the Securities Exchange Act of 1934, as amended (the “conflict minerals”) necessary to the functionality or production of products manufactured by the Company for the fiscal year ended December 31, 2020. The Company exercised due diligence on the source and chain of custody of its conflict minerals using the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (the “OECD Framework”).

Company Overview
The Company is a global climate innovator that brings efficient and sustainable climate solutions to buildings, homes and transportation driven by strategic brands Trane® and Thermo King® and an environmentally responsible portfolio of products and services. The Company generates revenue and cash primarily through the design, manufacture, sale and service of a diverse portfolio of climate control products and services for Heating, Ventilation and Air Conditioning (HVAC) and transport solutions. The company operates in three regional operating segments, which also serve as our reportable segments:

Our Americas segment innovates for customers in the North America and Latin America regions. The Americas segment encompasses commercial heating and cooling systems, building controls, and energy services and solutions; residential heating and cooling; and transport refrigeration systems and solutions.

Our EMEA segment innovates for customers in the Europe, Middle East and Africa region. The EMEA segment encompasses heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions.

Our Asia Pacific segment innovates for customers throughout the Asia Pacific region. The Asia Pacific segment encompasses heating and cooling systems, services and solutions for commercial buildings and transport refrigeration systems and solutions.


1


Product Overview
Our principal products and services as of December 31, 2020 included the following:
Aftermarket and OEM parts and supplies
Hybrid-powered trailer refrigeration
Air conditioners
Ice energy storage solutions
Air exchangers
Indoor air quality assessments and related products for HVAC and Transport solutions
Air handlers
Industrial refrigeration
Airside and terminal devices
Installation contracting
Auxiliary power units
Large commercial unitary
Building management systems
Light commercial unitary
Bus and rail HVAC systems
Motor replacements
Chillers
Multi-pipe HVAC systems
Coils and condensers
Package heating and cooling systems
Container refrigeration systems and gensets
Performance contracting
Control systems
Rail refrigeration systems
Cryogenic refrigeration systems
Refrigerant reclamation
Diesel-powered refrigeration systems
Repair and maintenance services
Ductless systems
Rental services
Electric-powered trailer refrigeration systems
Self-powered truck refrigeration systems
Electric-powered truck refrigeration systems
Service agreements
Energy management services
Temporary heating and cooling systems
Facility management services
Thermostats/controls
Furnaces
Trailer refrigeration systems
Geothermal systems
Transport heater products
Heat pumps
Unitary systems (light and large)
Home automation
Variable Refrigerant Flow
Humidifiers
Vehicle-powered truck refrigeration systems
Hybrid and non-diesel transport refrigeration solutions
Water source heat pumps

These products are sold primarily under our name and under our tradenames including Trane®, Thermo King® and American Standard®.

Description of Reasonable Country of Origin Inquiry     
We conducted a Reasonable Country of Origin Inquiry (an “RCOI”) regarding the conflict minerals by utilizing the conflict minerals reporting template (“CMRT”) developed by the Electronic Industry Citizenship Coalition (“EICC”) and Global e-Sustainability Initiative (“GeSI”). We also performed due diligence work on the source and chain of custody of our conflict minerals using the OECD Framework, an internationally recognized due diligence framework. We primarily rely on the conflict-free smelter program designed and managed by the Responsible Minerals Initiative (“RMI”) (formerly known as the Conflict-Free Sourcing Initiative) to conduct our risk assessment.
Determination
We were unable to determine that all of the conflict minerals contained in our products do not originate from the Covered Countries due to, among other things, the following:

Many of our suppliers submitted responses that were declared on a company-wide basis (i.e ., representing the smelters and refiners associated with all product offerings of the supplier that contained conflict minerals) and not specific to the materials supplied to the Company. Therefore, in combination with multiple layers in our supply chain, we believe that these declarations might include smelters and refiners that do not provide the conflict minerals that are in our products.

A number of our suppliers identified smelters/refiners that do not participate in the Responsible Minerals Assurance Process (“RMAP”) or a similar program and other suppliers failed to identify any smelter/refiner in their responses to
2


us. Furthermore, we were unable to obtain responses from all of our suppliers and other suppliers provided incomplete or inconsistent data.
    
As a result, we do not have sufficient information to conclusively determine the country of origin of all of the conflict minerals in our products and, if such conflict minerals did originate in the Covered Countries, whether such conflict minerals were from recycled or scrap sources or were from other conflict free sources. Accordingly, the Company conducted the due diligence measures described below.
Due Diligence

In accordance with Rule 13p-1, the Company performed due diligence to determine the source and chain of custody necessary to determine the presence of conflict minerals in the Company’s products. The Company designed its due diligence measures to conform in all material respects with the OECD Framework and related supplements for each of the conflict minerals.

The Company, as a purchaser, is many steps removed from the mining of conflict minerals and does not purchase raw ore or unrefined conflict minerals. Identifying the presence and origin of conflict minerals cannot be determined with any certainty once the raw ores are smelted, refined and converted to ingots, bullion or other conflict mineral-containing derivatives. Although the smelters and refiners are consolidating points for raw ore and are in the best position in the supply chain to know the origin of the ores, the Company focused its efforts on its suppliers in an effort to build conflict minerals awareness and assess the transparency of its supply chain and make initial identification, where possible, of the smelters/refiners in its supply chain.

The discussion below provides the applicable OECD Framework recommendation (in bold/italics ) followed by a summary of the Company’s activities in line with the OECD Framework.

1.     Management Systems.

The Company adopted a Conflict Minerals Policy in 2013. The policy requires suppliers to perform due diligence and outlines the Company’s expectation of suppliers. During 2014, the Company revised and strengthened the policy. During 2020, the Company continued to communicate the policy to suppliers and the public through its website, letters sent to suppliers and customers and telephone calls.
Internal Management Systems.

The Company’s conflict minerals compliance program for the fiscal year ended December 31, 2020 was managed by a cross-functional team lead by procurement and including representatives from procurement, legal and finance. This team discussed conflict minerals compliance issues and reviewed the status of the diligence process. During 2020, the global procurement team continued to offer self-paced training modules for the Company’s commodities team.

Control System and Supply Chain Transparency

The Company implemented a process to evaluate commodities and suppliers in the supply chain for potential conflict minerals risk and an internal process map for the conflict minerals process that is subject to periodic reviews. Supplier agreement templates require suppliers and licensees to provide information on their use and source of conflict minerals. Given the size and complexity of the Company's global supply chain, the Company focused on its largest suppliers, ranked by the amount the Company spends with each such supplier, and suppliers that had the highest probability of supplying the Company with materials or components containing conflict minerals (the “Targeted Suppliers”). For 2020, this group represented, greater than 82% of the Company's in-scope suppliers by spend. The Company requested supply chain information from Targeted Suppliers utilizing templates developed by the EICC and GeSI. During 2020, the Company distributed the CMRT to Targeted Suppliers, tracked responses and followed up with unresponsive suppliers. The Company maintains records relating to its annual supplier survey.
Supplier Engagement

The Company's standard global terms and conditions include a conflict minerals clause. The Company's standard procurement contracts also contain a conflict minerals clause. In 2020, the Company maintained its preferred supplier program. In order to be designated as a preferred supplier of the Company, a supplier must supply any required conflict minerals information to the Company and comply with other required criteria.


3


Grievance Mechanism

The Company has an e-mail address for receiving conflict minerals communications internally and an external e-mail mechanism through the Company’s public website. The Company intends to treat grievances as red flags for purposes of the due diligence process.

2.     Identify and assess risk in the supply chain.

The Company works with its commodity team and engineering team as appropriate to review the commodities necessary for the manufacture of its products to determine the associated level of risk of containing conflict minerals focusing its due diligence efforts on commodities at the highest risk.

Following the identification of the commodities, the Company requires Targeted Suppliers to complete a survey using the EICC-GeSI template at a company and parts level. The Company reviews survey responses for completeness and compiles aggregate survey responses. The Company follows up with suppliers when responses are incomplete or other questions are raised by the responses. The Company tracks response rates and red flags as part of its conflict minerals reporting process.

3.     Design and implement a strategy to respond to identified risks.

The Company developed a strategy to systematically reduce the extent of exposure to certain risk and the likelihood of its occurrence. Steps taken include communicating a policy to Targeted Suppliers noting that suppliers must thoroughly document their efforts to determine the source of any conflict minerals or derivatives and be prepared to provide the Company with evidence of the origin of any conflict minerals contained in products supplied to the Company. The strategy uses a documented escalation process for suppliers who fail to respond, which may result in termination of the supplier’s relationship with the Company and/or failure to be considered for future projects with the Company.

The Company has created a standard due diligence process, has engaged in a gap analysis regarding its conflict minerals process, and has monitored and tracked responses to its conflict minerals requests as well as its escalation efforts. Senior management is updated as needed. Additional fact finding, risk assessments and evaluations of changes in circumstances take place as part of the Company’s annual review of processes and procedures.
    
4.    Carry out independent third-party audit of supply chain due diligence at identified points in the supply chain. Companies at identified points in the supply chain should have their due diligence practices audited by independent third parties.

In 2014, the Company engaged an independent third party to provide a review of the Company’s conflict minerals compliance program including review of its existing conflict minerals policy and due diligence process. The Company implemented enhancements to the program in 2014 and 2015 as a result of this review. In 2020, the Company continued its membership in the RMI. The Company continued to implement steps using information from the RMI to conduct a review of summary smelter information to determine if the smelter is certified as conflict free or presents a “red flag” as defined by the OECD Guidance as part of its diligence related to 2020 supplier survey responses.

5.     Report on supply chain due diligence.

The Company has complied with its SEC filing requirement regarding its conflict minerals program and due diligence by the filing of this report. The Company has made this report available on its external website at https://www.tranetechnologies.com/en/index/company/doing-business-with-us/conflict-minerals.html and has included its conflict minerals policy and other resources at that web address. The Company continues to refine and improve its conflict minerals policy, questionnaire and processes, and to expand awareness regarding its conflict minerals policies.

Results of Due Diligence

After performing the due diligence described above, we are unable to determine that all of the conflict minerals contained in the products described above did not originate from the Covered Countries. For the reasons stated in this report, we also do not have sufficient information to conclusively determine the country of origin of all of the conflict minerals in our products described below and, if such conflict minerals did originate in the Covered Countries, whether such conflict minerals were from recycled or scrap sources or were from other conflict free sources.

4


We have provided this information as of the date of this report. Subsequent events, such as the inability or unwillingness of any suppliers, smelters or refiners to provide us with complete information, may affect our future determinations under the Rule.

Information on Smelters or Refiners
The CMRT requested that the Targeted Suppliers provide the Company with information on the smelters or refiners that the Targeted Suppliers and its suppliers use to supply conflict minerals to the Company. Because the Company does not typically have a direct relationship with the facilities used to process conflict minerals, we must rely on information provided by the Targeted Suppliers. Some responses from the Targeted Suppliers indicated that they were unable to provide smelter or refiner information at this time. Other Targeted Suppliers provided information on all smelters or refiners used by the Targeted Supplier but could not provide information linking specific smelters or refiners used to process conflict minerals with products provided to the Company. Some Targeted Suppliers provided names that the suppliers described as “smelters” but such names could not be linked to smelters on the RMI list, and may not, in fact, be smelters. Based on the information provided by the Targeted Suppliers, the Company has identified 379 smelters from the RMI list, of which 285 have been validated as audited and found conformant with the relevant RMAP standard. These smelters are included in the list attached as Annex 1 to this report.

Steps to Improve Due Diligence

The Company continues to identify opportunities to improve its due diligence and mitigate risk relating to conflict minerals. Below are some of the steps that the Company is considering taking:

Continuation of supplier engagement;
Continuation of company membership in RMI;
Continuation of our supplier engagement and training and encouraging suppliers to use training resources available through industry associations and the RMI; and   
Encouraging supplier and other company membership and participation in RMI.
Cautionary Statement about Forward-Looking Statements
Certain statements in this report, other than purely historical information, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “intend,” “strategy,” “plan,” “may,” “should,” “will,” "could," “would,” “will be,” “will continue,” “will likely result,” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements.

Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events. While we believe that our assumptions, expectations and projections are reasonable in view of the currently available information, you are cautioned not to place undue reliance on our forward-looking statements. You are advised to review any further disclosures we make on related subjects in materials we file with or furnish to the SEC. Forward-looking statements speak only as of the date they are made and are not guarantees of future performance. They are subject to future events, risks and uncertainties - many of which are beyond our control - as well as potentially inaccurate assumptions, that could cause actual results to differ materially from our expectations and projections. We do not undertake to update any forward-looking statements.











5



Annex 1
MetalSmelter NameSmelter Country
GoldAdvanced Chemical CompanyKENYA
TungstenA.L.M.T. Corp.JAPAN
GoldAbington Reldan Metals, LLCUNITED STATES OF AMERICA
GoldAdvanced Chemical CompanyUNITED STATES OF AMERICA
TungstenACL Metais EireliBRAZIL
GoldAfrican Gold RefineryUGANDA
GoldAida Chemical Industries Co., Ltd.JAPAN
GoldAl Etihad Gold Refinery DMCCUNITED ARAB EMIRATES
TungstenAlbasteel Industria e Comercio de Ligas Para Fundicao Ltd.BRAZIL
TinAlphaUNITED STATES OF AMERICA
TinAn Vinh Joint Stock Mineral Processing CompanyVIET NAM
GoldAllgemeine Gold-und Silberscheideanstalt A.G.GERMANY
GoldAlmalyk Mining and Metallurgical Complex (AMMC)UZBEKISTAN
GoldAngloGold Ashanti Corrego do Sitio MineracaoBRAZIL
GoldArgor-Heraeus S.A.SWITZERLAND
GoldAsahi Pretec Corp.JAPAN
GoldAsahi Refining Canada Ltd.CANADA
GoldAsahi Refining USA Inc.UNITED STATES OF AMERICA
GoldAsaka Riken Co., Ltd.JAPAN
TantalumAsaka Riken Co., Ltd.JAPAN
GoldAtasay Kuyumculuk Sanayi Ve Ticaret A.S.TURKEY
GoldAU Traders and RefinersSOUTH AFRICA
TungstenAsia Tungsten Products Vietnam Ltd.VIET NAM
GoldAugmont Enterprises Private LimitedINDIA
GoldAurubis AGGERMANY
GoldBangalore RefineryINDIA
GoldBangko Sentral ng Pilipinas (Central Bank of the Philippines)PHILIPPINES
GoldBoliden ABSWEDEN
GoldC. Hafner GmbH + Co. KGGERMANY
GoldC.I Metales Procesados Industriales SASCOLOMBIA
GoldCaridadMEXICO
GoldCCR Refinery - Glencore Canada CorporationCANADA
GoldCendres + Metaux S.A.SWITZERLAND
GoldCGR Metalloys Pvt Ltd.INDIA
TantalumChangsha South Tantalum Niobium Co., Ltd.CHINA
TinChenzhou Yunxiang Mining and Metallurgy Co., Ltd.CHINA
TinChifeng Dajingzi Tin Industry Co., Ltd.CHINA
GoldChimet S.p.A.ITALY
TungstenChenzhou Diamond Tungsten Products Co., Ltd.CHINA
TinChina Tin Group Co., Ltd.CHINA
TungstenChina Molybdenum Co., Ltd.CHINA
GoldChugai MiningJAPAN
TungstenChongyi Zhangyuan Tungsten Co., Ltd.CHINA
TungstenCNMC (Guangxi) PGMA Co., Ltd.CHINA
TantalumD Block Metals, LLCUNITED STATES OF AMERICA
GoldDaye Non-Ferrous Metals Mining Ltd.CHINA
GoldDegussa Sonne / Mond Goldhandel GmbHGERMANY
6


TungstenCronimet Brasil LtdaBRAZIL
GoldDijllah Gold Refinery FZCUNITED ARAB EMIRATES
TinDongguan CiEXPO Environmental Engineering Co., Ltd.CHINA
GoldDODUCO Contacts and Refining GmbHGERMANY
TinDowaJAPAN
GoldDowaJAPAN
TantalumExotech Inc.UNITED STATES OF AMERICA
GoldDSC (Do Sung Corporation)KOREA, REPUBLIC OF
TantalumF&X Electro-Materials Ltd.CHINA
GoldEco-System Recycling Co., Ltd. East PlantJAPAN
TantalumFIR Metals & Resource Ltd.CHINA
GoldEco-System Recycling Co., Ltd. North PlantJAPAN
GoldEco-System Recycling Co., Ltd. West PlantJAPAN
TinElectro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock CompanyVIET NAM
TinEM VintoBOLIVIA (PLURANATIONAL STATE OF)
TungstenFujian Ganmin RareMetal Co., Ltd.CHINA
TinEstanho de Rondonia S.A.BRAZIL
GoldEmirates Gold DMCCUNITED ARAB EMIRATES
TinFenix MetalsPOLAND
GoldFidelity Printers and Refiners Ltd.ZIMBABWE
GoldFujairah Gold FZCUNITED ARAB EMIRATES
TantalumGlobal Advanced Metals AizuJAPAN
TantalumGlobal Advanced Metals BoyertownUNITED STATES OF AMERICA
TungstenGanzhou Haichuang Tungsten Co., Ltd.CHINA
TinGejiu City Fuxiang Industry and Trade Co., Ltd.CHINA
TinGejiu Kai Meng Industry and Trade LLCCHINA
TinGejiu Non-Ferrous Metal Processing Co., Ltd.CHINA
GoldGCC Gujrat Gold Centre Pvt. Ltd.INDIA
TinGejiu Yunxin Nonferrous Electrolysis Co., Ltd.CHINA
TinGejiu Zili Mining And Metallurgy Co., Ltd.CHINA
GoldGeib Refining CorporationUNITED STATES OF AMERICA
TungstenGanzhou Huaxing Tungsten Products Co., Ltd.CHINA
TungstenGanzhou Jiangwu Ferrotungsten Co., Ltd.CHINA
TungstenGanzhou Seadragon W & Mo Co., Ltd.CHINA
GoldGold Coast RefineryGHANA
TinGuangdong Hanhe Non-Ferrous Metal Co., Ltd.CHINA
GoldGold Refinery of Zijin Mining Group Co., Ltd.CHINA
GoldGreat Wall Precious Metals Co., Ltd. of CBPMCHINA
GoldGuangdong Jinding Gold LimitedCHINA
TantalumH.C. Starck Hermsdorf GmbHGERMANY
TungstenGEM Co., Ltd.CHINA
GoldGuoda Safina High-Tech Environmental Refinery Co., Ltd.CHINA
TungstenGlobal Tungsten & Powders Corp.UNITED STATES OF AMERICA
GoldHangzhou Fuchunjiang Smelting Co., Ltd.CHINA
TantalumH.C. Starck Inc.UNITED STATES OF AMERICA
GoldHeimerle + Meule GmbHGERMANY
GoldHeraeus Precious Metals GmbH & Co. KGGERMANY
GoldHeraeus Metals Hong Kong Ltd.CHINA
7


TungstenGuangdong Xianglu Tungsten Co., Ltd.CHINA
TantalumHengyang King Xing Lifeng New Materials Co., Ltd.CHINA
TungstenH.C. Starck Tungsten GmbHGERMANY
TungstenHunan Chenzhou Mining Co., Ltd.CHINA
TungstenHunan Chunchang Nonferrous Metals Co., Ltd.CHINA
TungstenHunan Litian Tungsten Industry Co., Ltd.CHINA
TungstenHydrometallurg, JSCRUSSIAN FEDERATION
GoldHunan Chenzhou Mining Co., Ltd.CHINA
GoldHunan Guiyang yinxing Nonferrous Smelting Co., Ltd.CHINA
GoldHwaSeong CJ CO., LTD.KOREA, REPUBLIC OF
TinHuiChang Hill Tin Industry Co., Ltd.CHINA
TantalumJiangxi Dinghai Tantalum & Niobium Co., Ltd.CHINA
TantalumJiangxi Tuohong New Raw MaterialCHINA
TungstenJapan New Metals Co., Ltd.JAPAN
GoldInner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.CHINA
GoldInternational Precious Metal RefinersUNITED ARAB EMIRATES
GoldIshifuku Metal Industry Co., Ltd.JAPAN
GoldIstanbul Gold RefineryTURKEY
TantalumJiuJiang JinXin Nonferrous Metals Co., Ltd.CHINA
GoldItalpreziosiITALY
TantalumJiujiang Tanbre Co., Ltd.CHINA
TantalumJiujiang Zhongao Tantalum & Niobium Co., Ltd.CHINA
GoldJALAN & CompanyINDIA
GoldJapan MintJAPAN
GoldJiangxi Copper Co., Ltd.CHINA
TinJiangxi New Nanshan Technology Ltd.CHINA
TungstenJiangwu H.C. Starck Tungsten Products Co., Ltd.CHINA
TungstenJiangxi Gan Bei Tungsten Co., Ltd.CHINA
TungstenJiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd.CHINA
TungstenJiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.CHINA
TungstenJiangxi Xinsheng Tungsten Industry Co., Ltd.CHINA
GoldJSC Ekaterinburg Non-Ferrous Metal Processing PlantRUSSIAN FEDERATION
TungstenJiangxi Yaosheng Tungsten Co., Ltd.CHINA
GoldJSC UralelectromedRUSSIAN FEDERATION
GoldJX Nippon Mining & Metals Co., Ltd.JAPAN
GoldKaloti Precious MetalsUNITED ARAB EMIRATES
TantalumLSM Brasil S.A.BRAZIL
GoldKazakhmys Smelting LLCKAZAKHSTAN
GoldKazzincKAZAKHSTAN
GoldKennecott Utah Copper LLCUNITED STATES OF AMERICA
GoldKGHM Polska Miedz Spolka AkcyjnaPOLAND
GoldKojima Chemicals Co., Ltd.JAPAN
TungstenJSC "Kirovgrad Hard Alloys Plant"RUSSIAN FEDERATION
GoldKorea Zinc Co., Ltd.KOREA, REPUBLIC OF
GoldKyrgyzaltyn JSCKYRGYZSTAN
GoldKyshtym Copper-Electrolytic Plant ZAORUSSIAN FEDERATION
TantalumMetallurgical Products India Pvt., Ltd.INDIA
GoldL'azurde Company For JewelrySAUDI ARABIA
TungstenKennametal FallonUNITED STATES OF AMERICA
8


TungstenKennametal HuntsvilleUNITED STATES OF AMERICA
TungstenKGETS Co., Ltd.KOREA, REPUBLIC OF
GoldLingbao Gold Co., Ltd.CHINA
GoldLingbao Jinyuan Tonghui Refinery Co., Ltd.CHINA
TinLuna Smelter, Ltd.RWANDA
TantalumMineracao Taboca S.A.BRAZIL
GoldL'Orfebre S.A.ANDORRA
TungstenLianyou Metals Co., Ltd.TAIWAN, PROVINCE OF CHINA
GoldLS-NIKKO Copper Inc.KOREA, REPUBLIC OF
GoldLT Metal Ltd.KOREA, REPUBLIC OF
GoldLuoyang Zijin Yinhui Gold Refinery Co., Ltd.CHINA
TinMagnu's Minerais Metais e Ligas Ltda.BRAZIL
TantalumMitsui Mining and Smelting Co., Ltd.JAPAN
GoldMarsam MetalsBRAZIL
TinMalaysia Smelting Corporation (MSC)MALAYSIA
GoldMaterionUNITED STATES OF AMERICA
GoldMatsuda Sangyo Co., Ltd.JAPAN
TinMelt Metais e Ligas S.A.BRAZIL
TinMetallic Resources, Inc.UNITED STATES OF AMERICA
TinMetallo Belgium N.V.BELGIUM
TungstenMalipo Haiyu Tungsten Co., Ltd.CHINA
TinMetallo Spain S.L.U.SPAIN
TungstenMasan Tungsten Chemical LLC (MTC)VIET NAM
TantalumNingxia Orient Tantalum Industry Co., Ltd.CHINA
TinMineracao Taboca S.A.BRAZIL
GoldMetalor Technologies (Hong Kong) Ltd.CHINA
GoldMetalor Technologies (Singapore) Pte., Ltd.SINGAPORE
GoldMetalor Technologies (Suzhou) Ltd.CHINA
GoldMetalor Technologies S.A.SWITZERLAND
TinMinsurPERU
GoldMetalor USA Refining CorporationUNITED STATES OF AMERICA
TinMitsubishi Materials CorporationJAPAN
GoldMetalurgica Met-Mex Penoles S.A. De C.V.MEXICO
TinModeltech Sdn BhdMALAYSIA
TantalumNPM Silmet ASESTONIA
GoldMitsubishi Materials CorporationJAPAN
GoldMitsui Mining and Smelting Co., Ltd.JAPAN
TungstenMoliren Ltd.RUSSIAN FEDERATION
GoldMMTC-PAMP India Pvt., Ltd.INDIA
TinNghe Tinh Non-Ferrous Metals Joint Stock CompanyVIET NAM
GoldModeltech Sdn BhdMALAYSIA
GoldMorris and WatsonNEW ZEALAND
GoldMoscow Special Alloys Processing PlantRUSSIAN FEDERATION
GoldNadir Metal Rafineri San. Ve Tic. A.S.TURKEY
TungstenNiagara Refining LLCUNITED STATES OF AMERICA
GoldNavoi Mining and Metallurgical CombinatUZBEKISTAN
GoldNH Recytech CompanyKOREA, REPUBLIC OF
GoldNihon Material Co., Ltd.JAPAN
TinO.M. Manufacturing (Thailand) Co., Ltd.THAILAND
9


TinO.M. Manufacturing Philippines, Inc.PHILIPPINES
GoldOgussa Osterreichische Gold- und Silber-Scheideanstalt GmbHAUSTRIA
GoldOhura Precious Metal Industry Co., Ltd.JAPAN
GoldOJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet)RUSSIAN FEDERATION
TinOperaciones Metalurgicas S.A.BOLIVIA (PLURINATIONAL STATE OF)
GoldPAMP S.A.SWITZERLAND
GoldPease & CurrenUNITED STATES OF AMERICA
GoldPenglai Penggang Gold Industry Co., Ltd.CHINA
GoldPlanta Recuperadora de Metales SpACHILE
TinPongpipat Company LimitedMYANMAR
TinPrecious Minerals and Smelting LimitedINDIA
GoldPrioksky Plant of Non-Ferrous MetalsRUSSIAN FEDERATION
GoldPT Aneka Tambang (Persero) TbkINDONESIA
TinPT Artha Cipta LanggengINDONESIA
TinPT ATD Makmur Mandiri JayaINDONESIA
TinPT Bangka SerumpunINDONESIA
TungstenNPP Tyazhmetprom LLCRUSSIAN FEDERATION
TinPT Mitra Stania PrimaINDONESIA
TinPT Mitra Sukses GlobalindoINDONESIA
TinPT Refined Bangka TinINDONESIA
GoldPX Precinox S.A.SWITZERLAND
GoldQG Refining, LLCUNITED STATES OF AMERICA
TinPT Timah Tbk KundurINDONESIA
TungstenPhilippine Chuangxin Industrial Co., Inc.PHILIPPINES
TinPT Timah Tbk MentokINDONESIA
GoldRand Refinery (Pty) Ltd.SOUTH AFRICA
GoldRefinery of Seemine Gold Co., Ltd.CHINA
GoldREMONDIS PMR B.V.NETHERLANDS
TantalumQuantumCleanUNITED STATES OF AMERICA
GoldRoyal Canadian MintCANADA
TinResind Industria e Comercio Ltda.BRAZIL
TantalumResind Industria e Comercio Ltda.BRAZIL
GoldSAAMPFRANCE
GoldSabin Metal Corp.UNITED STATES OF AMERICA
GoldSafimet S.p.AITALY
GoldSAFINA A.S.CZECHIA
GoldSai RefineryINDIA
GoldSamduck Precious MetalsKOREA, REPUBLIC OF
GoldSamwon Metals Corp.KOREA, REPUBLIC OF
TinRui Da HungTAIWAN, PROVINCE OF CHINA
GoldSAXONIA Edelmetalle GmbHGERMANY
GoldSEMPSA Joyeria Plateria S.A.SPAIN
GoldShandong Humon Smelting Co., Ltd.CHINA
GoldShandong Tiancheng Biological Gold Industrial Co., Ltd.CHINA
GoldShandong Zhaojin Gold & Silver Refinery Co., Ltd.CHINA
TantalumSolikamsk Magnesium Works OAORUSSIAN FEDERATION
TantalumTaki Chemical Co., Ltd.JAPAN
GoldShirpur Gold Refinery Ltd.INDIA
GoldSichuan Tianze Precious Metals Co., Ltd.CHINA
10


GoldSingway Technology Co., Ltd.TAIWAN, PROVINCE OF CHINA
GoldSOE Shyolkovsky Factory of Secondary Precious MetalsRUSSIAN FEDERATION
TinSoft Metais Ltda.BRAZIL
GoldSolar Applied Materials Technology Corp.TAIWAN, PROVINCE OF CHINA
GoldSovereign MetalsINDIA
TantalumTelex MetalsUNITED STATES OF AMERICA
GoldState Research Institute Center for Physical Sciences and TechnologyLITHUANIA
GoldSudan Gold RefinerySUDAN
TinSuper LigasBRAZIL
GoldSumitomo Metal Mining Co., Ltd.JAPAN
GoldSungEel HiMetal Co., Ltd.KOREA, REPUBLIC OF
GoldT.C.A S.p.AITALY
GoldTanaka Kikinzoku Kogyo K.K.JAPAN
TantalumUlba Metallurgical Plant JSCKAZAKHSTAN
GoldTokuriki Honten Co., Ltd.JAPAN
TinThai Nguyen Mining and Metallurgy Co., Ltd.VIET NAM
TinThaisarcoTHAILAND
GoldTongling Nonferrous Metals Group Co., Ltd.CHINA
GoldTOO Tau-Ken-AltynKAZAKHSTAN
GoldTorecomKOREA, REPUBLIC OF
TungstenUnecha Refractory metals plantRUSSIAN FEDERATION
TinTin Technology & RefiningUNITED STATES OF AMERICA
TinTuyen Quang Non-Ferrous Metals Joint Stock CompanyVIET NAM
GoldUmicore Precious Metals ThailandTHAILAND
GoldUmicore S.A. Business Unit Precious Metals RefiningBELGIUM
GoldUnited Precious Metal Refining, Inc.UNITED STATES OF AMERICA
GoldValcambi S.A.SWITZERLAND
TinWhite Solder Metalurgia e Mineracao Ltda.BRAZIL
TantalumXinXing HaoRong Electronic Material Co., Ltd.CHINA
GoldWestern Australian Mint (T/a The Perth Mint)AUSTRALIA
GoldWIELAND Edelmetalle GmbHGERMANY
TungstenWolfram Bergbau und Hutten AGAUSTRIA
TinYunnan Chengfeng Non-ferrous Metals Co., Ltd.CHINA
TungstenWoltech Korea Co., Ltd.KOREA, REPUBLIC OF
TinYunnan Tin Company LimitedCHINA
TinYunnan Yunfan Non-ferrous Metals Co., Ltd.CHINA
TungstenXiamen Tungsten (H.C.) Co., Ltd.CHINA
TungstenXiamen Tungsten Co., Ltd.CHINA
TungstenXinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.CHINA
GoldYamakin Co., Ltd.JAPAN
GoldYokohama Metal Co., Ltd.JAPAN
GoldYunnan Copper Industry Co., Ltd.CHINA
GoldZhongyuan Gold Smelter of Zhongjin Gold CorporationCHINA


11