EX-1.01 2 d597222dex101.htm EX-1.01 EX-1.01

Exhibit 1.01

Flowserve Corporation

Conflict Minerals Report

For The Year Ended December 31, 2017

This report for the year ended December 31, 2017 is presented to comply with Rule 13p-1 under the Securities Exchange Act of 1934 (the “Rule”). The Rule was adopted by the Securities and Exchange Commission (“SEC”) to implement reporting and disclosure requirements related to Conflict Minerals as directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank Act”). The Rule imposes certain reporting obligations on SEC registrants whose manufactured products contain Conflict Minerals which are necessary to the functionality or production of their products.

Conflict Minerals are defined as cassiterite, columbite-tantalite, gold, wolframite, and their derivatives, which are limited to tin, tantalum and tungsten (“Conflict Minerals”) (3TG). These requirements apply to all registrants that have Conflict Minerals that are essential to the functionality or production of their products whatever the geographic origin of the Conflict Minerals and whether or not they fund armed conflict.

 

1. Company Overview

This report has been prepared by management of Flowserve Corporation (herein referred to as “the Company,” “we,” “us,” or “our”). The information includes the activities of all majority-owned subsidiaries and variable interest entities that are required to be consolidated under U.S. generally accepted accounting principles.

Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. We develop and manufacture precision-engineered flow control equipment integral to the movement, control and protection of the flow of materials in our customers’ critical processes. Our product portfolio of pumps, valves, seals, automation and aftermarket services supports global infrastructure industries, including oil and gas, chemical, power generation and water management, as well as general industries markets where our products and services add value. Our principal products are sold through three business segments:

 

  •   Engineered Product Division for long lead-time, custom and other highly-engineered pumps and pump systems, mechanical seals, auxiliary systems and replacement parts and related services.

 

  •   IPD for engineered and pre-configured industrial pumps and pump systems and related products and services; and

 

  •   FCD for engineered and industrial valves, control valves, actuators and controls and related services.

Supply Chain

We manufacture a wide range of products that contain Conflict Minerals, but we do not purchase ore or unrefined Conflict Minerals from mines and generally are many steps removed in the supply chain from the mining of these minerals. As a result, we rely on suppliers for various components and parts that contain Conflict Minerals that are utilized in the assembly of our products. Due to the size of our Company, the complexity of our products, and our location in the supply chain being many steps downstream from miners and smelters, we must rely on our direct suppliers to provide information on the origin of the Conflict Minerals contained in the components and parts supplied to us – including sources of Conflict Minerals that are supplied to them from their suppliers. Further, many of our suppliers are not SEC registrants subject to the reporting requirements of the Rule and as a result, have immature Conflict Minerals programs. As a result of this complexity, we conducted a survey of the suppliers that focused not only on those who represented the majority of our expenditures in 2017, but also focused on suppliers where the nature of the component, or the location of the supplier, indicated that those components had a higher probability to contain Conflict Minerals.

 

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2. Reasonable Country of Origin Inquiry:

Flowserve undertook the following measures to perform a country of origin inquiry on its Conflict Minerals:

 

  •   Utilized a risk based approach, based on an examination of internal records such as bills of sale or product specifications to identify business segments which contracted to manufacture products reasonably believed to contain one or more Conflict Minerals and identified the relevant suppliers of the Conflict Minerals for these products;

 

  •   Sent surveys (using the Conflict-Free Sourcing Initiative (CFSI) Conflict Minerals Reporting Template developed as a result of the Electronic Industry Citizenship Coalition(EICC)/Global e-Sustainability Initiative (GeSI)) to approximately [1,291] suppliers, requesting confirmation of the presence of Conflict Minerals in the materials or components they supplied to Flowserve, and information regarding the origin of those minerals;

 

  •   Identified and placed additional emphasis on suppliers that are most significant to Flowserve’s Conflict Minerals program using criteria developed by the business, such as the amount of sourcing spend with the supplier and the likelihood of Conflict Minerals being supplied from the supplier;

 

  •   Reviewed the responses received for indicators (e.g., untimely or incomplete responses as well as inconsistencies within the data reported in the template) that Conflict Minerals may be sourced from the Democratic Republic of Congo (DRC) and adjoining countries (the “Covered Countries”) and attempted to further engage these suppliers to perform additional due diligence, as needed; and

 

  •   Continued to follow up with suppliers and continued to regularly communicate Flowserve’s expectations on responsible supply chains of Conflict Minerals by transmitting surveys and other communications and continually requesting compliance with requests for information and documentation from unresponsive suppliers.

The above efforts led to a response rate of 22%. As mentioned above, an additional metric of spend coverage is being utilized. The suppliers that responded captured over 41% of the relevant spend. As a result of the reasonable country of origin inquiry, we are unable to determine the origin of the Conflict Minerals in our products and therefore cannot exclude the possibility that some may have originated in the Covered Countries. For that reason, we performed additional due diligence and are required under the Rule to submit to the SEC this Conflict Minerals Report (CMR).

Conflict Minerals Policy:

Flowserve culture is centered on ethics, integrity and trust. Our values drive how we treat each other, our customers, suppliers, partners and even our competitors. By combining uncompromising character, transparent business behavior, mutual respect, and world-class products and services, we seek to build an enduring culture that creates satisfied customers, engaged employees and sustainable, profitable growth. As a result, our ethical business culture supports global efforts to assist in the eradication of Human Rights abuses in the Democratic Republic of Congo (DRC) and adjoining countries, where the mining of certain minerals has partially financed the long-standing conflict in this region.

Flowserve supports the objectives and intent of this Conflict Minerals legislation. Additionally, we are committed to working toward a conflict free supply chain by implementing a management program integrated with our policies and processes to align our worldwide suppliers with this policy. Our Conflict Minerals program is addressed in our Supplier Code of Business Conduct, our Terms and Conditions with suppliers, and our Purchase Order requirements.

For additional information about our commitment to responsible sourcing and for our full Conflict Minerals policy, please visit our website at: http://www.flowserve.com/About-Flowserve/Corporate-Information/Conflict-Minerals-Policy

 

3. Due Diligence Process

 

  3.1. Design of Due Diligence Framework

Our due diligence measures have been designed to conform, with the framework in The Organization for Economic Co-operation and Development (OECD) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (Second edition, 2013) (OECD Guidance) and the related Supplement on Tin, Tantalum, and Tungsten and the Supplement on Gold.

 

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  3.2. Due Diligence Performed

 

  3.2.1. Establish Strong Company Management Systems

As described above, Flowserve has adopted a company policy which is posted on our website. Additionally, as part of our management system for Conflict Minerals, Flowserve has established a cross functional internal task force, realigned active management resources, and created a position that is responsible for managing the Conflict Minerals Program and requirements at Flowserve. A senior Flowserve executive, supported by a senior Flowserve lawyer, has oversight responsibility for Flowserve’s Conflict Minerals task force. This management team is responsible for implementing the Conflict Minerals management systems and communicating them throughout the organization and our business segments. The team is comprised of subject matter experts from relevant functional areas such as supply chain, engineering, communications, legal and business integrity and compliance. Senior management and the Board of Directors are briefed about our management systems and due diligence efforts on an annual basis.

 

  3.2.2. Identify and Assess Risks in Supply Chain

Because of our size, the complexity of our products, and the depth, breadth, and constant evolution of our supply chain, it is difficult to identify actors upstream from our direct suppliers. Accordingly, we participate in a number of industry-wide initiatives to leverage information and common process. Further, as discussed above, we conducted an analysis of our supply base, and identified and performed additional diligence on suppliers that supply products that may contain Conflict Minerals and continued to contact unresponsive suppliers. We also monitor and track suppliers that may not meet the requirements set forth in our Conflict Minerals Policy to determine their progress in meeting those requirements.

 

  3.2.3. Design and Implement a Strategy to Respond to Risks

With respect to those products we manufacture or cause to be manufactured, Flowserve seeks to implement the following steps to mitigate the risk that necessary Conflict Minerals benefit armed groups:

 

  •   Seek, where practicable, alternative suppliers that responsibly source necessary Conflict Minerals, which may include sources within the DRC or adjoining countries that do not benefit armed groups;

 

  •   Engage with our suppliers to encourage their sourcing from conflict-free sources and identify and action suppliers that do not;

 

  •   Attempt to negotiate clauses in future supplier contracts requiring suppliers to adhere to rules and regulations relating to the use of Conflict Minerals; and

 

  •   Provide progress reports annually to our senior management and Board of Directors summarizing information gathered during our annual supply chain survey and providing a status of our risk mitigation efforts.

 

  3.2.4. Carry out Independent Third Party Audit of Supply Chain Due Diligence

Flowserve does not have a direct relationship with smelters and refiners, nor do we perform direct audits of these entities that potentially provide our supply chain with Conflict Minerals. However, we do rely upon industry efforts to influence smelters and refineries to get audited and certified through CFSI’s program.

 

  3.2.5. Report on Supply Chain Due Diligence

In addition to this report, see our website at http://www.flowserve.com/About-Flowserve/Corporate-Information/Conflict-Minerals-Policy for our full Conflict Minerals policy.

 

4. Due Diligence Results

Survey Responses

Responses included the names of 1371 entities listed by our suppliers as smelters or refiners, based on our due diligence to-date and information available from public sources, the Company believes that only 469 of the entities identified by our suppliers are engaged in smelting and/or refining activities. See Appendix A. Approximately 54% (or 253) of the 469 entities were identified as certified Conflict-Free using the CFSI Reporting Template Revisions 5.10. We compared the names of smelters or refiners to the CFSI list of smelters and where a supplier indicated that the facility was certified as Conflict-Free, we ensured that the name was listed by CFSI. The final comparison was done utilizing the certified smelter listings from May 24, 2018.

 

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The large majority of our suppliers who responded provided data at the company or divisional level, as described above, and, as such, we were unable to specify the smelters or refiners used for components supplied to Flowserve. We are therefore unable to determine whether any of the Conflict Minerals reported by the suppliers were contained in components or parts supplied to us or to validate that any of these smelters or refiners are actually in our supply chain.

Efforts to determine mine or location of origin

Through our participation in CFSI, the OECD implementation programs, and requesting our suppliers to complete the template, we have determined that seeking information from our suppliers and their diligence with their sub-suppliers about Conflict Minerals smelters and refiners in our supply chain represents the most reasonable effort to determine the mines or locations of origin of the Conflict Minerals in our supply chain.

Smelters or Refiners

To date, Flowserve has received very limited information regarding smelters and/or refiners involved in the Company’s supply chain, as well as the origin of any materials they may potentially produce for Flowserve’s suppliers. The majority of our suppliers were unable to represent and/or confirm to us that Conflict Minerals from entities that are smelters and refiners had actually been included in components such suppliers supplied to Flowserve. Again, this reality is principally due to the fact that our suppliers, provided data at a company or divisional level, and, not specific to the products such suppliers produce for Flowserve.

Appendix A, as attached, contains a list of smelters and refiners that Flowserve suppliers identified as being present in their supply chains that we believe may have processed 3TG contained in materials supplied to the Company. While our suppliers have provided names of additional entities to those listed in Appendix A, our review process remains ongoing related to the determination of whether they are smelters or refiners for Conflict Minerals relevant to our products.

We are uncertain of the Conflict Mineral status of the products that we manufacture that are subject to the reporting obligations of Rule 13p-1, because we have been unable to determine the origin of the Conflict Minerals they contain or to determine whether they come from recycled or scrap sources; the facilities used to process them; their country of origin; or their mine or location of origin. This said, however, Flowserve will continue due diligence efforts going forward.

 

5. Due Diligence Improvement Steps

We intend to take the following steps to improve the due diligence conducted to further mitigate any risk that the necessary Conflict Minerals in our products could benefit armed groups in the DRC or adjoining countries:

 

  a. Continue requesting and implementing a Conflict Minerals flow-down clause in new or renewed supplier long term agreements.

 

  b. Continue to engage with suppliers and direct them to training resources to increase the response rate and improve the content of the supplier survey responses.

 

  c. Intensify the identification of and communication with Flowserve’s second-tier smelters and refiners – i.e., smelters and refiners that sell Conflict Minerals directly to Flowserve’s first-tier suppliers and push to increase the number of smelters and refiners that participate in CFSP.

 

  d. Spread best practices learned during execution of due diligence process in previous years across Flowserve business units.

 

  e. Continue to engage suppliers found to be supplying us with Conflict Minerals from sources that support conflict in the DRC or any adjoining country and seek to establish an alternative source of Conflict Minerals that does not support such conflict.

 

  f. Continue to work with the OECD and relevant trade associations to define and improve best practices and build leverage over the supply chain in accordance with the OECD Guidance.

 

  g. Evaluate the current processes and procedure with the intent to further enhance the robustness of Flowserve’s Conflict Mineral program.

 

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APPENDIX A

 

Metal    Smelter_ID    Standard_Smelter_Name    Country_Location
Gold    CID002763    8853 S.p.A.    ITALY
Tungsten    CID000004    A.L.M.T. TUNGSTEN Corp.    JAPAN
Tungsten    CID002833    ACL Metais Eireli    BRAZIL
Gold    CID000015    Advanced Chemical Company    UNITED STATES OF AMERICA
Gold    CID000019    Aida Chemical Industries Co., Ltd.    JAPAN
Gold    CID002560    Al Etihad Gold Refinery DMCC    UNITED ARAB EMIRATES
Gold    CID000035    Allgemeine Gold-und Silberscheideanstalt A.G.    GERMANY
Gold    CID000041    Almalyk Mining and Metallurgical Complex (AMMC)    UZBEKISTAN
Tin    CID000292    Alpha    UNITED STATES OF AMERICA
Gold    CID000058    AngloGold Ashanti Corrego do Sitio Mineracao    BRAZIL
Gold    CID000077    Argor-Heraeus S.A.    SWITZERLAND
Gold    CID000082    Asahi Pretec Corp.    JAPAN
Gold    CID000924    Asahi Refining Canada Ltd.    CANADA
Gold    CID000920    Asahi Refining USA Inc.    UNITED STATES OF AMERICA
Gold    CID000090    Asaka Riken Co., Ltd.    JAPAN
Tantalum    CID000092    Asaka Riken Co., Ltd.    JAPAN
Tungsten    CID002502    Asia Tungsten Products Vietnam Ltd.    VIET NAM
Gold    CID002850    AU Traders and Refiners    SOUTH AFRICA
Gold    CID000113    Aurubis AG    GERMANY
Gold    CID000128    Bangko Sentral ng Pilipinas (Central Bank of the Philippines)    PHILIPPINES
Gold    CID000157    Boliden AB    SWEDEN
Gold    CID000176    C. Hafner GmbH + Co. KG    GERMANY
Gold    CID000185    CCR Refinery – Glencore Canada Corporation    CANADA
Gold    CID000189    Cendres + Metaux S.A.    SWITZERLAND
Tantalum    CID000211    Changsha South Tantalum Niobium Co., Ltd.    CHINA
Tungsten    CID002513    Chenzhou Diamond Tungsten Products Co., Ltd.    CHINA
Tin    CID000228    Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.    CHINA
Tin    CID003190    Chifeng Dajingzi Tin Industry Co., Ltd.    CHINA
Gold    CID000233    Chimet S.p.A.    ITALY
Tin    CID001070    China Tin Group Co., Ltd.    CHINA
Tungsten    CID000258    Chongyi Zhangyuan Tungsten Co., Ltd.    CHINA
Tin    CID002570    CV Ayi Jaya    INDONESIA
Tin    CID002592    CV Dua Sekawan    INDONESIA
Tin    CID000306    CV Gita Pesona    INDONESIA
Tin    CID000315    CV United Smelting    INDONESIA
Tin    CID002455    CV Venus Inti Perkasa    INDONESIA
Tantalum    CID002504    D Block Metals, LLC    UNITED STATES OF AMERICA
Gold    CID000328    Daejin Indus Co., Ltd.    KOREA, REPUBLIC OF
Gold    CID000362    DODUCO Contacts and Refining GmbH    GERMANY
Gold    CID000401    Dowa    JAPAN
Tin    CID000402    Dowa    JAPAN

 

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Gold    CID000359    DSC (Do Sung Corporation)    KOREA, REPUBLIC OF
Gold    CID000425    Eco-System Recycling Co., Ltd.    JAPAN
Tin    CID000438    EM Vinto    BOLIVIA (PLURINATIONAL STATE OF)
Gold    CID002561    Emirates Gold DMCC    UNITED ARAB EMIRATES
Tantalum    CID000456    Exotech Inc.    UNITED STATES OF AMERICA
Tantalum    CID000460    F&X Electro-Materials Ltd.    CHINA
Tin    CID000468    Fenix Metals    POLAND
Tantalum    CID002505    FIR Metals & Resource Ltd.    CHINA
Tungsten    CID000499    Fujian Jinxin Tungsten Co., Ltd.    CHINA
Tungsten    CID000875    Ganzhou Huaxing Tungsten Products Co., Ltd.    CHINA
Tungsten    CID002315    Ganzhou Jiangwu Ferrotungsten Co., Ltd.    CHINA
Tungsten    CID002494    Ganzhou Seadragon W & Mo Co., Ltd.    CHINA
Gold    CID002459    Geib Refining Corporation    UNITED STATES OF AMERICA
Tin    CID002848    Gejiu Fengming Metallurgy Chemical Plant    CHINA
Tin    CID002859    Gejiu Jinye Mineral Company    CHINA
Tin    CID000942    Gejiu Kai Meng Industry and Trade LLC    CHINA
Tin    CID000538    Gejiu Non-Ferrous Metal Processing Co., Ltd.    CHINA
Tin    CID001908    Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.    CHINA
Tantalum    CID002558    Global Advanced Metals Aizu    JAPAN
Tantalum    CID002557    Global Advanced Metals Boyertown    UNITED STATES OF AMERICA
Tungsten    CID000568    Global Tungsten & Powders Corp.    UNITED STATES OF AMERICA
Gold    CID002243    Gold Refinery of Zijin Mining Group Co., Ltd.    CHINA
Tin    CID003116    Guangdong Hanhe Non-Ferrous Metal Co., Ltd.    CHINA
Tantalum    CID000291    Guangdong Rising Rare Metals-EO Materials Ltd.    CHINA
Tungsten    CID000218    Guangdong Xianglu Tungsten Co., Ltd.    CHINA
Tantalum    CID000616    Guangdong Zhiyuan New Material Co., Ltd.    CHINA
Tin    CID002849    Guanyang Guida Nonferrous Metal Smelting Plant    CHINA
Tantalum    CID002544    H.C. Starck Co., Ltd.    THAILAND
Tantalum    CID002547    H.C. Starck Hermsdorf GmbH    GERMANY
Tantalum    CID002548    H.C. Starck Inc.    UNITED STATES OF AMERICA
Tantalum    CID002549    H.C. Starck Ltd.    JAPAN
Tungsten    CID002542    H.C. Starck Smelting GmbH & Co. KG    GERMANY
Tantalum    CID002550    H.C. Starck Smelting GmbH & Co. KG    GERMANY
Tantalum    CID002545    H.C. Starck Tantalum and Niobium GmbH    GERMANY
Tungsten    CID002541    H.C. Starck Tungsten GmbH    GERMANY
Gold    CID000689    HeeSung Metal Ltd.    KOREA, REPUBLIC OF
Gold    CID000694    Heimerle + Meule GmbH    GERMANY
Tantalum    CID002492    Hengyang King Xing Lifeng New Materials Co., Ltd.    CHINA
Gold    CID000707    Heraeus Metals Hong Kong Ltd.    CHINA
Gold    CID000711    Heraeus Precious Metals GmbH & Co. KG    GERMANY
Tin    CID002844    HuiChang Hill Tin Industry Co., Ltd.    CHINA
Tin    CID000760    Huichang Jinshunda Tin Co., Ltd.    CHINA
Tungsten    CID000766    Hunan Chenzhou Mining Co., Ltd.    CHINA
Tungsten    CID002579    Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji    CHINA
Tungsten    CID000769    Hunan Chunchang Nonferrous Metals Co., Ltd.    CHINA
Tungsten    CID002649    Hydrometallurg, JSC    RUSSIAN FEDERATION
Gold    CID000801    Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.    CHINA

 

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Gold    CID000807    Ishifuku Metal Industry Co., Ltd.    JAPAN
Gold    CID000814    Istanbul Gold Refinery    TURKEY
Gold    CID002765    Italpreziosi    ITALY
Gold    CID000823    Japan Mint    JAPAN
Tungsten    CID000825    Japan New Metals Co., Ltd.    JAPAN
Tungsten    CID002551    Jiangwu H.C. Starck Tungsten Products Co., Ltd.    CHINA
Gold    CID000855    Jiangxi Copper Co., Ltd.    CHINA
Tantalum    CID002512    Jiangxi Dinghai Tantalum & Niobium Co., Ltd.    CHINA
Tungsten    CID002321    Jiangxi Gan Bei Tungsten Co., Ltd.    CHINA
Tin    CID000244    Jiangxi Ketai Advanced Material Co., Ltd.    CHINA
Tin    CID001231    Jiangxi New Nanshan Technology Ltd.    CHINA
Tungsten    CID002318    Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.    CHINA
Tantalum    CID002842    Jiangxi Tuohong New Raw Material    CHINA
Tungsten    CID002317    Jiangxi Xinsheng Tungsten Industry Co., Ltd.    CHINA
Tungsten    CID002535    Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd.    CHINA
Tungsten    CID002316    Jiangxi Yaosheng Tungsten Co., Ltd.    CHINA
Tantalum    CID003191    Jiujiang Janny New Material Co., Ltd.    CHINA
Tantalum    CID000914    JiuJiang JinXin Nonferrous Metals Co., Ltd.    CHINA
Tantalum    CID000917    Jiujiang Tanbre Co., Ltd.    CHINA
Tantalum    CID002506    Jiujiang Zhongao Tantalum & Niobium Co., Ltd.    CHINA
Gold    CID000927    JSC Ekaterinburg Non-Ferrous Metal Processing Plant    RUSSIAN FEDERATION
Gold    CID000929    JSC Uralelectromed    RUSSIAN FEDERATION
Gold    CID000937    JX Nippon Mining & Metals Co., Ltd.    JAPAN
Gold    CID000957    Kazzinc    KAZAKHSTAN
Tantalum    CID002539    KEMET Blue Metals    MEXICO
Tantalum    CID002568    KEMET Blue Powder    UNITED STATES OF AMERICA
Tungsten    CID000966    Kennametal Fallon    UNITED STATES OF AMERICA
Tungsten    CID000105    Kennametal Huntsville    UNITED STATES OF AMERICA
Gold    CID000969    Kennecott Utah Copper LLC    UNITED STATES OF AMERICA
Gold    CID000981    Kojima Chemicals Co., Ltd.    JAPAN
Gold    CID002605    Korea Zinc Co., Ltd.    KOREA, REPUBLIC OF
Gold    CID001029    Kyrgyzaltyn JSC    KYRGYZSTAN
Tantalum    CID001076    LSM Brasil S.A.    BRAZIL
Gold    CID001078    LS-NIKKO Copper Inc.    KOREA, REPUBLIC OF
Tin    CID002468    Magnu’s Minerais Metais e Ligas Ltda.    BRAZIL
Tin    CID001105    Malaysia Smelting Corporation (MSC)    MALAYSIA
Tungsten    CID002319    Malipo Haiyu Tungsten Co., Ltd.    CHINA
Gold    CID002606    Marsam Metals    BRAZIL
Gold    CID001113    Materion    UNITED STATES OF AMERICA
Gold    CID001119    Matsuda Sangyo Co., Ltd.    JAPAN
Tin    CID002500    Melt Metais e Ligas S.A.    BRAZIL
Tin    CID001142    Metallic Resources, Inc.    UNITED STATES OF AMERICA
Tin    CID002773    Metallo Belgium N.V.    BELGIUM
Tin    CID002774    Metallo Spain S.L.U.    SPAIN
Tantalum    CID001163    Metallurgical Products India Pvt., Ltd.    INDIA
Gold    CID001149    Metalor Technologies (Hong Kong) Ltd.    CHINA
Gold    CID001152    Metalor Technologies (Singapore) Pte., Ltd.    SINGAPORE

 

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Gold    CID001147    Metalor Technologies (Suzhou) Ltd.    CHINA
Gold    CID001153    Metalor Technologies S.A.    SWITZERLAND
Gold    CID001157    Metalor USA Refining Corporation    UNITED STATES OF AMERICA
Gold    CID001161    Metalurgica Met-Mex Penoles S.A. De C.V.    MEXICO
Tin    CID001173    Mineracao Taboca S.A.    BRAZIL
Tantalum    CID001175    Mineracao Taboca S.A.    BRAZIL
Tin    CID001182    Minsur    PERU
Gold    CID001188    Mitsubishi Materials Corporation    JAPAN
Tin    CID001191    Mitsubishi Materials Corporation    JAPAN
Tantalum    CID001192    Mitsui Mining and Smelting Co., Ltd.    JAPAN
Gold    CID001193    Mitsui Mining and Smelting Co., Ltd.    JAPAN
Gold    CID002509    MMTC-PAMP India Pvt., Ltd.    INDIA
Tungsten    CID002845    Moliren Ltd.    RUSSIAN FEDERATION
Gold    CID001204    Moscow Special Alloys Processing Plant    RUSSIAN FEDERATION
Gold    CID001220    Nadir Metal Rafineri San. Ve Tic. A.S.    TURKEY
Tungsten    CID002589    Niagara Refining LLC    UNITED STATES OF AMERICA
Gold    CID001259    Nihon Material Co., Ltd.    JAPAN
Tantalum    CID001277    Ningxia Orient Tantalum Industry Co., Ltd.    CHINA
Tantalum    CID001200    NPM Silmet AS    ESTONIA
Tungsten    CID002543    Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC    VIET NAM
Tin    CID001314    O.M. Manufacturing (Thailand) Co., Ltd.    THAILAND
Tin    CID002517    O.M. Manufacturing Philippines, Inc.    PHILIPPINES
Gold    CID002779    Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH    AUSTRIA
Gold    CID001325    Ohura Precious Metal Industry Co., Ltd.    JAPAN
Gold    CID001326    OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet)    RUSSIAN FEDERATION
Gold    CID000493    OJSC Novosibirsk Refinery    RUSSIAN FEDERATION
Tin    CID001337    Operaciones Metalurgical S.A.    BOLIVIA (PLURINATIONAL STATE OF)
Gold    CID001352    PAMP S.A.    SWITZERLAND
Tungsten    CID002827    Philippine Chuangxin Industrial Co., Inc.    PHILIPPINES
Gold    CID002919    Planta Recuperadora de Metales SpA    CHILE
Tantalum    CID002847    Power Resources Ltd.    MACEDONIA, THE FORMER YUGOSLAV REPUBLIC OF
Gold    CID001386    Prioksky Plant of Non-Ferrous Metals    RUSSIAN FEDERATION
Gold    CID001397    PT Aneka Tambang (Persero) Tbk    INDONESIA
Tin    CID000309    PT Aries Kencana Sejahtera    INDONESIA
Tin    CID001399    PT Artha Cipta Langgeng    INDONESIA
Tin    CID002503    PT ATD Makmur Mandiri Jaya    INDONESIA
Tin    CID001402    PT Babel Inti Perkasa    INDONESIA
Tin    CID002776    PT Bangka Prima Tin    INDONESIA
Tin    CID003205    PT Bangka Serumpun    INDONESIA
Tin    CID001419    PT Bangka Tin Industry    INDONESIA
Tin    CID001421    PT Belitung Industri Sejahtera    INDONESIA
Tin    CID001428    PT Bukit Timah    INDONESIA
Tin    CID001434    PT DS Jaya Abadi    INDONESIA
Tin    CID001438    PT Eunindo Usaha Mandiri    INDONESIA

 

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Tin    CID002530    PT Inti Stania Prima    INDONESIA
Tin    CID001448    PT Karimun Mining    INDONESIA
Tin    CID002829    PT Kijang Jaya Mandiri    INDONESIA
Tin    CID002870    PT Lautan Harmonis Sejahtera    INDONESIA
Tin    CID002835    PT Menara Cipta Mulia    INDONESIA
Tin    CID001453    PT Mitra Stania Prima    INDONESIA
Tin    CID001457    PT Panca Mega Persada    INDONESIA
Tin    CID000313    PT Premium Tin Indonesia    INDONESIA
Tin    CID001458    PT Prima Timah Utama    INDONESIA
Tin    CID002593    PT Rajehan Ariq    INDONESIA
Tin    CID001460    PT Refined Bangka Tin    INDONESIA
Tin    CID001463    PT Sariwiguna Binasentosa    INDONESIA
Tin    CID001468    PT Stanindo Inti Perkasa    INDONESIA
Tin    CID002816    PT Sukses Inti Makmur    INDONESIA
Tin    CID001471    PT Sumber Jaya Indah    INDONESIA
Tin    CID001477    PT Timah (Persero) Tbk Kundur    INDONESIA
Tin    CID001482    PT Timah (Persero) Tbk Mentok    INDONESIA
Tin    CID001490    PT Tinindo Inter Nusa    INDONESIA
Tin    CID001493    PT Tommy Utama    INDONESIA
Gold    CID001498    PX Precinox S.A.    SWITZERLAND
Tantalum    CID001508    QuantumClean    UNITED STATES OF AMERICA
Gold    CID001512    Rand Refinery (Pty) Ltd.    SOUTH AFRICA
Gold    CID002510    Republic Metals Corporation    UNITED STATES OF AMERICA
Tin    CID002706    Resind Industria e Comercio Ltda.    BRAZIL
Tantalum    CID002707    Resind Industria e Comercio Ltda.    BRAZIL
Tantalum    CID001522    RFH Tantalum Smeltery Co., Ltd./Yanling Jincheng Tantalum & Niobium Co., Ltd.    CHINA
Gold    CID001534    Royal Canadian Mint    CANADA
Tin    CID001539    Rui Da Hung    TAIWAN, PROVINCE OF CHINA
Gold    CID002761    SAAMP    FRANCE
Gold    CID002973    Safimet S.p.A    ITALY
Gold    CID001555    Samduck Precious Metals    KOREA, REPUBLIC OF
Gold    CID002777    SAXONIA Edelmetalle GmbH    GERMANY
Gold    CID001585    SEMPSA Joyeria Plateria S.A.    SPAIN
Gold    CID001622    Shandong Zhaojin Gold & Silver Refinery Co., Ltd.    CHINA
Gold    CID001736    Sichuan Tianze Precious Metals Co., Ltd.    CHINA
Gold    CID002516    Singway Technology Co., Ltd.    TAIWAN, PROVINCE OF CHINA
Gold    CID001756    SOE Shyolkovsky Factory of Secondary Precious Metals    RUSSIAN FEDERATION
Tin    CID001758    Soft Metais Ltda.    BRAZIL
Gold    CID001761    Solar Applied Materials Technology Corp.    TAIWAN, PROVINCE OF CHINA
Tantalum    CID001769    Solikamsk Magnesium Works OAO    RUSSIAN FEDERATION
Tungsten    CID002815    South-East Nonferrous Metal Company Limited of Hengyang City    CHINA
Gold    CID001798    Sumitomo Metal Mining Co., Ltd.    JAPAN
Gold    CID002918    SungEel HiMetal Co., Ltd.    KOREA, REPUBLIC OF
Gold    CID002580    T.C.A S.p.A    ITALY
Tantalum    CID001869    Taki Chemical Co., Ltd.    JAPAN

 

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Gold    CID001875    Tanaka Kikinzoku Kogyo K.K.    JAPAN
Tungsten    CID001889    Tejing (Vietnam) Tungsten Co., Ltd.    VIET NAM
Tantalum    CID001891    Telex Metals    UNITED STATES OF AMERICA
Tin    CID001898    Thaisarco    THAILAND
Gold    CID001916    The Refinery of Shandong Gold Mining Co., Ltd.    CHINA
Gold    CID001938    Tokuriki Honten Co., Ltd.    JAPAN
Gold    CID001955    Torecom    KOREA, REPUBLIC OF
Tantalum    CID001969    Ulba Metallurgical Plant JSC    KAZAKHSTAN
Gold    CID001977    Umicore Brasil Ltda.    BRAZIL
Gold    CID002314    Umicore Precious Metals Thailand    THAILAND
Gold    CID001980    Umicore S.A. Business Unit Precious Metals Refining    BELGIUM
Tungsten    CID002724    Unecha Refractory metals plant    RUSSIAN FEDERATION
Gold    CID001993    United Precious Metal Refining, Inc.    UNITED STATES OF AMERICA
Gold    CID002003    Valcambi S.A.    SWITZERLAND
Tungsten    CID002011    Vietnam Youngsun Tungsten Industry Co., Ltd.    VIET NAM
Gold    CID002030    Western Australian Mint (T/a The Perth Mint)    AUSTRALIA
Tin    CID002036    White Solder Metalurgia e Mineracao Ltda.    BRAZIL
Gold    CID002778    WIELAND Edelmetalle GmbH    GERMANY
Tungsten    CID002044    Wolfram Bergbau und Hutten AG    AUSTRIA
Tungsten    CID002843    Woltech Korea Co., Ltd.    KOREA, REPUBLIC OF
Tungsten    CID002320    Xiamen Tungsten (H.C.) Co., Ltd.    CHINA
Tungsten    CID002082    Xiamen Tungsten Co., Ltd.    CHINA
Tungsten    CID002830    Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.    CHINA
Tungsten    CID002095    Xinhai Rendan Shaoguan Tungsten Co., Ltd.    CHINA
Tantalum    CID002508    XinXing HaoRong Electronic Material Co., Ltd.    CHINA
Gold    CID002100    Yamakin Co., Ltd.    JAPAN
Gold    CID002129    Yokohama Metal Co., Ltd.    JAPAN
Tin    CID002158    Yunnan Chengfeng Non-ferrous Metals Co., Ltd.    CHINA
Tin    CID002180    Yunnan Tin Company Limited    CHINA
Gold    CID002224    Zhongyuan Gold Smelter of Zhongjin Gold Corporation    CHINA

 

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