EX-1.01 2 ex_115121.htm EXHIBIT 1.01 ex_115121.htm

EXHIBIT 1.01

 

 

LITTELFUSE, INC.

 

Conflict Minerals Report

 

For the Year Ended December 31, 2017

 

This Conflict Minerals Report (“Report”) of Littelfuse, Inc. and its consolidated subsidiaries (collectively, “Company,” “we” or “our”) for the year ended December 31, 2017 is filed in accordance with Rule 13p-1 under the Securities Exchange Act of 1934, as amended (the “Rule”). The Rule requires the disclosure of certain information if a registrant manufactures or contracts to manufacture products for which certain “Conflict Minerals” (as defined below) are necessary to the functionality or production of such products. Conflict Minerals are defined as (i) cassiterite, columbite-tantalite, gold, wolframite, or their derivatives, which are limited to tin, tantalum, tungsten, and gold, or (ii) any other mineral or its derivatives determined by the U.S. Secretary of State to be financing conflict in the Democratic Republic of the Congo or an adjoining country (collectively, the “Covered Countries”).

 

The Company’s operations, including through its subsidiaries, may at times manufacture, or contract to manufacture, products for which Conflict Minerals are necessary to the functionality or production of those products. During 2017, Littelfuse, Inc. became a member of the Responsible Minerals Initiative (“RMI”), formerly the Conflict-Free Sourcing Initiative. We leveraged our RMI membership to identify best practices and continued to focus on process improvements to conduct a more detailed reasonable country of origin inquiry (“RCOI”) of the Conflict Minerals in our supply chain during 2017.

 

This RCOI was reasonably designed to determine whether any of the Conflict Minerals originated from the Covered Countries and whether any of the Conflict Minerals may be from recycled or scrap sources. The results of our reasonable country of origin inquiry regarding the Conflict Minerals, as well as our additional due diligence regarding the sources of the Conflict Minerals, are contained in this Report.

 

The report presented herein is not audited.

 

 

1.

Company Overview

 

We are one of the world’s leading suppliers of circuit protection products for the electronics, automotive, and industrial markets, with expanding platforms in sensors and power control components and modules. In addition to circuit protection products and solutions, the Company offers electronic reed switches and sensors, automotive sensors for comfort and safety systems and a comprehensive line of highly reliable electromechanical and electronic switch and control devices for commercial and specialty vehicles, as well as protection relays and power distribution centers for the safe control and distribution of electricity.

 

1
 

 

The Company’s reporting segments consist of the Electronics segment, the Automotive segment and the Industrial segment, as described more fully in Part I, Item 1 of the Company’s annual report on Form 10-K for the year ended December 30, 2017. Such annual report is available free of charge through the Investor Relations section of the Company’s website at http://investor.littelfuse.com/financial-information/annual-reports. The information contained in the Company’s website is not incorporated by reference into this Report and should not be considered part of this report.

 

Supply Chain

 

The Company manufactures, or contracts for the manufacture of, a wide range of products that contain Conflict Minerals but we do not purchase ore or unrefined Conflict Minerals directly from mines, smelters or refiners and generally are many levels downstream from these market participants. For this reason, we rely on the information provided by our direct suppliers along with appropriate due diligence processes. Through the process described in this Report, we seek to ensure that our sourcing practices are consistent with our guiding principles on responsibly sourcing the Conflict Minerals and to encourage responsible minerals sourcing in our supply chain.

 

 

2.

Reasonable Country of Origin Inquiry

 

Our RCOI began with a review of all our materials suppliers that, due to the nature of their business, might utilize Conflict Minerals (referred to as “direct suppliers”). Direct suppliers were contacted to complete the Conflict Minerals Reporting Template (the “CMRT”). The CMRT is regarded as the most commonly accepted reporting tool for conflict minerals content and sourcing information worldwide. Our suppliers were also provided with training materials on how to complete the CMRT. The CMRT asked the suppliers, among other things, to disclose the origin of any Conflict Minerals used in their manufacturing processes and to identify the Conflict Minerals processing facilities within their supply chains.

 

This survey of direct suppliers included 85% of our total 2017 materials suppliers. The Company obtained responses from 99% of our direct suppliers that were surveyed. Based on the survey responses obtained, we have reason to believe that some of the Conflict Minerals supplied to us may have originated in the Covered Countries, and we have reason to believe that certain of the Conflict Minerals came from recycled or scrap sources.

 

Our RCOI process was reasonably designed and performed in good faith, however, there are inherent limitations in the information provided to us by third parties, including the possibility of information being inaccurate, incomplete or falsified despite our efforts to validate and confirm the information.

 

2
 

 

 

3.

Due Diligence Process

 

Summarized below is our due diligence process, the components of which conform to, in all material respects, the framework in the Third Edition of the Organization for Economic Co-operation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High- Risk Areas and related supplements for gold, tantalum, tin and tungsten.

 

 

a)

Establish Company Management System

 

 

●

Maintained a Conflict Free Statement which provides that the Company expects its suppliers to continuously monitor both direct and indirect supply chains to avoid procurement of materials from Covered Countries, and to be forthright in sharing compliance information with the Company. We will show preference to suppliers that meet or exceed these requirements.

 

 

●

Expanded the internal Conflict Minerals working group.

 

 

●

Communicated with our direct suppliers through the above-described RCOI.

 

 

●

Maintained conflict-free sourcing requirements into our purchase order terms and conditions and supplier quality manual.

 

 

●

Maintained a supplier qualification program and an ongoing supplier audit program that includes, among other compliance inquiries, questions regarding the suppliers’ conflict minerals programs.

 

 

●

Distributed a Supplier Code of Conduct to all suppliers during 2017 that, among other things, requires suppliers to have a policy regarding responsible sourcing of Conflict Minerals in the Covered Countries.

 

 

b)

Identify and Assess Supply Chain Risks

 

 

●

Implemented a process to identify suppliers of direct materials and categorize such materials by commodity. This assisted in the determination of the direct suppliers of products that may contain Conflict Minerals.

 

 

●

Surveyed all direct suppliers that potentially supplied Conflict Minerals to the Company to determine the products provided to the Company with Conflict Minerals.

 

 

●

Conducted the RCOI described above to identify the smelters and refiners that contribute Conflict Minerals to the Company’s products.

 

 

●

Reviewed and compared the smelters and refiners identified by direct suppliers against the list of smelter and refiner facilities that have received a “conflict free” designation through the Responsible Minerals Assurance Process (“RMAP”), formerly the Conflict-Free Smelter Program.

 

 

c)

Design and Implement a Strategy to Respond to Identified Risk

 

 

●

Conducted follow-up with direct suppliers that did not respond to the survey.

 

 

●

Collaborated with our direct suppliers to investigate any smelter that did not have a conflict free designation through the RMAP or was not in the process of recertifying for such designation.

 

3
 

 

 

d)

Carry out Independent Third-Party Audit

 

 

●

The Company is a member of the Responsible Minerals Initiative. We rely on the information published by the RMI to confirm the existence and verify the conflict-free status of the smelters or refiners identified during our due diligence.

 

 

e)

Report on Supply Chain Due Diligence

 

 

●

This Report is available on our website at http://investor.littelfuse.com/corporate-governance/governance-overview. In addition to this Report, our Conflict Free Statement is also available on our website at http://www.littelfuse.com/about-us/supplier-quality/conflict-free-statement.aspx .

 

 

4.

Due Diligence Results

 

We solicited 1,113 direct suppliers and received a response from 99% of them. 60% of our responding direct suppliers responded to us that the material they supply does not contain Conflict Minerals that originated from the Covered Countries.

 

From the information provided to the Company by its direct suppliers, we identified 255 unique smelters or refiners in our supply chain. 252 (98%) are participating in the RMI and are either in compliance with the RMI audit protocols or active in the application process. We continue to monitor and evaluate all our direct suppliers and the smelters and refiners they report with the ultimate goal of becoming 100% conflict free.

 

The smelters or refiners participating in the RMI that provide Conflict Minerals that originated from the Covered Countries, as reported by our suppliers, were as follows:

 

Metal

Smelter ID

Smelter Name

Location Country

RMAP Conformant Status*
         

Tungsten

CID000004

A.L.M.T. TUNGSTEN Corp.

JAPAN

Compliant

Gold

CID000015

Advanced Chemical Company

UNITED STATES OF AMERICA

Compliant

Gold

CID000019

Aida Chemical Industries Co., Ltd.

JAPAN

Compliant

Gold

CID000035

Allgemeine Gold-und Silberscheideanstalt A.G.

GERMANY

Compliant

Gold

CID000041

Almalyk Mining and Metallurgical Complex (AMMC)

UZBEKISTAN

Compliant

Gold

CID000058

AngloGold Ashanti Corrego do Sitio Mineracao

BRAZIL

Compliant

Gold

CID000077

Argor-Heraeus S.A.

SWITZERLAND

Compliant

Gold

CID000082

Asahi Pretec Corp.

JAPAN

Compliant

Gold

CID000090

Asaka Riken Co., Ltd.

JAPAN

Compliant

  

4
 

 

Metal

Smelter ID

Smelter Name

Location Country

RMAP Conformant Status*
         

Tantalum

CID000092

Asaka Riken Co., Ltd.

JAPAN

Compliant

Tungsten

CID000105

Kennametal Huntsville

UNITED STATES OF AMERICA

Compliant

Gold

CID000113

Aurubis AG

GERMANY

Compliant

Gold

CID000128

Bangko Sentral ng Pilipinas (Central Bank of the Philippines)

PHILIPPINES

Compliant

Gold

CID000157

Boliden AB

SWEDEN

Compliant

Gold

CID000176

C. Hafner GmbH + Co. KG

GERMANY

Compliant

Gold

CID000185

CCR Refinery - Glencore Canada Corporation

CANADA

Compliant

Gold

CID000189

Cendres + Metaux S.A.

SWITZERLAND

Compliant

Tantalum

CID000211

Changsha South Tantalum Niobium Co., Ltd.

CHINA

Compliant

Tungsten

CID000218

Guangdong Xianglu Tungsten Co., Ltd.

CHINA

Compliant

Tin

CID000228

Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.

CHINA

Compliant

Gold

CID000233

Chimet S.p.A.

ITALY

Compliant

Tin

CID000244

Jiangxi Ketai Advanced Material Co., Ltd.

CHINA

Compliant

Tungsten

CID000258

Chongyi Zhangyuan Tungsten Co., Ltd.

CHINA

Compliant

Tantalum

CID000291

Guangdong Rising Rare Metals-EO Materials Ltd.

CHINA

Compliant

Tin

CID000292

Alpha

UNITED STATES OF AMERICA

Compliant

Tin

CID000306

CV Gita Pesona

INDONESIA

Compliant

Tin

CID000309

PT Aries Kencana Sejahtera

INDONESIA

Compliant

Tin

CID000313

PT Premium Tin Indonesia

INDONESIA

Compliant

Tin

CID000315

CV United Smelting

INDONESIA

Compliant

Gold

CID000328

Daejin Indus Co., Ltd.

KOREA, REPUBLIC OF

Compliant

Gold

CID000359

DSC (Do Sung Corporation)

KOREA, REPUBLIC OF

Compliant

Gold

CID000362

DODUCO Contacts and Refining GmbH

GERMANY

Compliant

Gold

CID000401

Dowa

JAPAN

Compliant

Tin

CID000402

Dowa

JAPAN

Compliant

Gold

CID000425

Eco-System Recycling Co., Ltd.

JAPAN

Compliant

Tin

CID000438

EM Vinto

BOLIVIA

Compliant

Tantalum

CID000456

Exotech Inc.

UNITED STATES OF AMERICA

Compliant

 

5
 

 

Metal

Smelter ID

Smelter Name

Location Country

RMAP Conformant Status*
         

Tantalum

CID000460

F&X Electro-Materials Ltd.

CHINA

Compliant

Tin

CID000468

Fenix Metals

POLAND

Compliant

Gold

CID000493

OJSC Novosibirsk Refinery

RUSSIAN FEDERATION

Compliant

Tungsten

CID000499

Fujian Jinxin Tungsten Co., Ltd.

CHINA

Compliant

Tin

CID000538

Gejiu Non-Ferrous Metal Processing Co., Ltd.

CHINA

Compliant

Tungsten

CID000568

Global Tungsten & Powders Corp.

UNITED STATES OF AMERICA

Compliant

Tantalum

CID000616

Guangdong Zhiyuan New Material Co., Ltd.

CHINA

Compliant

Gold

CID000689

HeeSung Metal Ltd.

KOREA, REPUBLIC OF

Compliant

Gold

CID000694

Heimerle + Meule GmbH

GERMANY

Compliant

Gold

CID000707

Heraeus Metals Hong Kong Ltd.

CHINA

Compliant

Gold

CID000711

Heraeus Precious Metals GmbH & Co. KG

GERMANY

Compliant

Tin

CID000760

Huichang Jinshunda Tin Co., Ltd.

CHINA

Compliant

Tungsten

CID000766

Hunan Chenzhou Mining Co., Ltd.

CHINA

Compliant

Tungsten

CID000769

Hunan Chunchang Nonferrous Metals Co., Ltd.

CHINA

Compliant

Gold

CID000801

Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.

CHINA

Compliant

Gold

CID000807

Ishifuku Metal Industry Co., Ltd.

JAPAN

Compliant

Gold

CID000814

Istanbul Gold Refinery

TURKEY

Compliant

Gold

CID000823

Japan Mint

JAPAN

Compliant

Tungsten

CID000825

Japan New Metals Co., Ltd.

JAPAN

Compliant

Gold

CID000855

Jiangxi Copper Co., Ltd.

CHINA

Compliant

Tungsten

CID000875

Ganzhou Huaxing Tungsten Products Co., Ltd.

CHINA

Compliant

Tantalum

CID000914

JiuJiang JinXin Nonferrous Metals Co., Ltd.

CHINA

Compliant

Tantalum

CID000917

Jiujiang Tanbre Co., Ltd.

CHINA

Compliant

Gold

CID000920

Asahi Refining USA Inc.

UNITED STATES OF AMERICA

Compliant

Gold

CID000924

Asahi Refining Canada Ltd.

CANADA

Compliant

Gold

CID000927

JSC Ekaterinburg Non-Ferrous Metal Processing Plant

RUSSIAN FEDERATION

Compliant

 

6
 

 

Metal

Smelter ID

Smelter Name

Location Country

RMAP Conformant Status*
         

Gold

CID000929

JSC Uralelectromed

RUSSIAN FEDERATION

Compliant

Gold

CID000937

JX Nippon Mining & Metals Co., Ltd.

JAPAN

Compliant

Tin

CID000942

Gejiu Kai Meng Industry and Trade LLC

CHINA

Compliant

Gold

CID000957

Kazzinc

KAZAKHSTAN

Compliant

Tungsten

CID000966

Kennametal Fallon

UNITED STATES OF AMERICA

Compliant

Gold

CID000969

Kennecott Utah Copper LLC

UNITED STATES OF AMERICA

Compliant

Tantalum

CID000973

King-Tan Tantalum Industry Ltd.

CHINA

Not compliant

Gold

CID000981

Kojima Chemicals Co., Ltd.

JAPAN

Compliant

Gold

CID001029

Kyrgyzaltyn JSC

KYRGYZSTAN

Compliant

Tin

CID001070

China Tin Group Co., Ltd.

CHINA

Compliant

Tantalum

CID001076

LSM Brasil S.A.

BRAZIL

Compliant

Gold

CID001078

LS-NIKKO Copper Inc.

KOREA, REPUBLIC OF

Compliant

Tin

CID001105

Malaysia Smelting Corporation (MSC)

MALAYSIA

Compliant

Gold

CID001113

Materion

UNITED STATES OF AMERICA

Compliant

Gold

CID001119

Matsuda Sangyo Co., Ltd.

JAPAN

Compliant

Tin

CID001142

Metallic Resources, Inc.

UNITED STATES OF AMERICA

Compliant

Gold

CID001147

Metalor Technologies (Suzhou) Ltd.

CHINA

Compliant

Gold

CID001149

Metalor Technologies (Hong Kong) Ltd.

CHINA

Compliant

Gold

CID001152

Metalor Technologies (Singapore) Pte., Ltd.

SINGAPORE

Compliant

Gold

CID001153

Metalor Technologies S.A.

SWITZERLAND

Compliant

Gold

CID001157

Metalor USA Refining Corporation

UNITED STATES OF AMERICA

Compliant

Gold

CID001161

Metalurgica Met-Mex Penoles S.A. De C.V.

MEXICO

Compliant

Tantalum

CID001163

Metallurgical Products India Pvt., Ltd.

INDIA

Compliant

Tin

CID001173

Mineracao Taboca S.A.

BRAZIL

Compliant

Tantalum

CID001175

Mineracao Taboca S.A.

BRAZIL

Compliant

Tin

CID001182

Minsur

PERU

Compliant

 

7
 

 

Metal

Smelter ID

Smelter Name

Location Country

RMAP Conformant Status*
         

Gold

CID001188

Mitsubishi Materials Corporation

JAPAN

Compliant

Tin

CID001191

Mitsubishi Materials Corporation

JAPAN

Compliant

Tantalum

CID001192

Mitsui Mining and Smelting Co., Ltd.

JAPAN

Compliant

Gold

CID001193

Mitsui Mining and Smelting Co., Ltd.

JAPAN

Compliant

Tantalum

CID001200

NPM Silmet AS

ESTONIA

Compliant

Gold

CID001204

Moscow Special Alloys Processing Plant

RUSSIAN FEDERATION

Compliant

Gold

CID001220

Nadir Metal Rafineri San. Ve Tic. A.S.

TURKEY

Compliant

Tin

CID001231

Jiangxi New Nanshan Technology Ltd.

CHINA

Compliant

Gold

CID001259

Nihon Material Co., Ltd.

JAPAN

Compliant

Tantalum

CID001277

Ningxia Orient Tantalum Industry Co., Ltd.

CHINA

Compliant

Tin

CID001314

O.M. Manufacturing (Thailand) Co., Ltd.

THAILAND

Compliant

Gold

CID001325

Ohura Precious Metal Industry Co., Ltd.

JAPAN

Compliant

Gold

CID001326

OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant"

RUSSIAN FEDERATION

Compliant

Tin

CID001337

Operaciones Metalurgical S.A.

BOLIVIA

Compliant

Gold

CID001352

PAMP S.A.

SWITZERLAND

Compliant

Gold

CID001386

Prioksky Plant of Non-Ferrous Metals

RUSSIAN FEDERATION

Compliant

Gold

CID001397

PT Aneka Tambang (Persero) Tbk

INDONESIA

Compliant

Tin

CID001399

PT Artha Cipta Langgeng

INDONESIA

Compliant

Tin

CID001402

PT Babel Inti Perkasa

INDONESIA

Compliant

Tin

CID001419

PT Bangka Tin Industry

INDONESIA

Compliant

Tin

CID001421

PT Belitung Industri Sejahtera

INDONESIA

Compliant

Tin

CID001428

PT Bukit Timah

INDONESIA

Compliant

Tin

CID001434

PT DS Jaya Abadi

INDONESIA

Compliant

Tin

CID001438

PT Eunindo Usaha Mandiri

INDONESIA

Compliant

Tin

CID001448

PT Karimun Mining

INDONESIA

Compliant

Tin

CID001453

PT Mitra Stania Prima

INDONESIA

Compliant

Tin

CID001457

PT Panca Mega Persada

INDONESIA

Compliant

Tin

CID001458

PT Prima Timah Utama

INDONESIA

Compliant

Tin

CID001460

PT Refined Bangka Tin

INDONESIA

Compliant

Tin

CID001463

PT Sariwiguna Binasentosa

INDONESIA

Compliant

Tin

CID001468

PT Stanindo Inti Perkasa

INDONESIA

Compliant

Tin

CID001471

PT Sumber Jaya Indah

INDONESIA

Compliant

 

8
 

 

Metal

Smelter ID

Smelter Name

Location Country

RMAP Conformant Status*
         

Tin

CID001477

PT Timah (Persero) Tbk Kundur

INDONESIA

Compliant

Tin

CID001482

PT Timah (Persero) Tbk Mentok

INDONESIA

Compliant

Tin

CID001490

PT Tinindo Inter Nusa

INDONESIA

Compliant

Tin

CID001493

PT Tommy Utama

INDONESIA

Compliant

Gold

CID001498

PX Precinox S.A.

SWITZERLAND

Compliant

Tantalum

CID001508

QuantumClean

UNITED STATES OF AMERICA

Compliant

Gold

CID001512

Rand Refinery (Pty) Ltd.

SOUTH AFRICA

Compliant

Tantalum

CID001522

RFH Tantalum Smeltery Co., Ltd./Yanling Jincheng Tantalum & Niobium Co., Ltd.

CHINA

Compliant

Gold

CID001534

Royal Canadian Mint

CANADA

Compliant

Tin

CID001539

Rui Da Hung

TAIWAN, PROVINCE OF CHINA

Compliant

Gold

CID001555

Samduck Precious Metals

KOREA, REPUBLIC OF

Compliant

Gold

CID001585

SEMPSA Joyeria Plateria S.A.

SPAIN

Compliant

Gold

CID001622

Shandong Zhaojin Gold & Silver Refinery Co., Ltd.

CHINA

Compliant

Gold

CID001736

Sichuan Tianze Precious Metals Co., Ltd.

CHINA

Compliant

Gold

CID001756

SOE Shyolkovsky Factory of Secondary Precious Metals

RUSSIAN FEDERATION

Compliant

Tin

CID001758

Soft Metais Ltda.

BRAZIL

Compliant

Gold

CID001761

Solar Applied Materials Technology Corp.

TAIWAN, PROVINCE OF CHINA

Compliant

Tantalum

CID001769

Solikamsk Magnesium Works OAO

RUSSIAN FEDERATION

Compliant

Gold

CID001798

Sumitomo Metal Mining Co., Ltd.

JAPAN

Compliant

Tantalum

CID001869

Taki Chemical Co., Ltd.

JAPAN

Compliant

Gold

CID001875

Tanaka Kikinzoku Kogyo K.K.

JAPAN

Compliant

Tungsten

CID001889

Tejing (Vietnam) Tungsten Co., Ltd.

VIET NAM

Compliant

Tantalum

CID001891

Telex Metals

UNITED STATES OF AMERICA

Compliant

Tin

CID001898

Thaisarco

THAILAND

Compliant

Tin

CID001908

Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.

CHINA

Compliant

 

9
 

 

Metal

Smelter ID

Smelter Name

Location Country

RMAP Conformant Status*
         

Gold

CID001916

The Refinery of Shandong Gold Mining Co., Ltd.

CHINA

Compliant

Gold

CID001938

Tokuriki Honten Co., Ltd.

JAPAN

Compliant

Gold

CID001955

Torecom

KOREA, REPUBLIC OF

Compliant

Tantalum

CID001969

Ulba Metallurgical Plant JSC

KAZAKHSTAN

Compliant

Gold

CID001977

Umicore Brasil Ltda.

BRAZIL

Compliant

Gold

CID001980

Umicore S.A. Business Unit Precious Metals Refining

BELGIUM

Compliant

Gold

CID001993

United Precious Metal Refining, Inc.

UNITED STATES OF AMERICA

Compliant

Gold

CID002003

Valcambi S.A.

SWITZERLAND

Compliant

Tungsten

CID002011

Vietnam Youngsun Tungsten Industry Co., Ltd.

VIET NAM

Compliant

Gold

CID002030

Western Australian Mint (T/a The Perth Mint)

AUSTRALIA

Compliant

Tin

CID002036

White Solder Metalurgia e Mineracao Ltda.

BRAZIL

Compliant

Tungsten

CID002044

Wolfram Bergbau und Hutten AG

AUSTRIA

Compliant

Tungsten

CID002082

Xiamen Tungsten Co., Ltd.

CHINA

Compliant

Tungsten

CID002095

Xinhai Rendan Shaoguan Tungsten Co., Ltd.

CHINA

Compliant

Gold

CID002100

Yamakin Co., Ltd.

JAPAN

Compliant

Gold

CID002129

Yokohama Metal Co., Ltd.

JAPAN

Compliant

Tin

CID002158

Yunnan Chengfeng Non-ferrous Metals Co., Ltd.

CHINA

Compliant

Tin

CID002180

Yunnan Tin Company Limited

CHINA

Compliant

Gold

CID002224

Zhongyuan Gold Smelter of Zhongjin Gold Corporation

CHINA

Compliant

Gold

CID002243

Gold Refinery of Zijin Mining Group Co., Ltd.

CHINA

Compliant

Gold

CID002290

SAFINA A.S.

CZECH REPUBLIC

Compliant

Tantalum

CID002307

Yichun Jin Yang Rare Metal Co., Ltd.

CHINA

Not compliant

Gold

CID002314

Umicore Precious Metals Thailand

THAILAND

Compliant

Tungsten

CID002315

Ganzhou Jiangwu Ferrotungsten Co., Ltd.

CHINA

Compliant

Tungsten

CID002316

Jiangxi Yaosheng Tungsten Co., Ltd.

CHINA

Compliant

Tungsten

CID002317

Jiangxi Xinsheng Tungsten Industry Co., Ltd.

CHINA

Compliant

Tungsten

CID002318

Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.

CHINA

Compliant

 

10
 

 

Metal

Smelter ID

Smelter Name

Location Country

RMAP Conformant Status*
         

Tungsten

CID002319

Malipo Haiyu Tungsten Co., Ltd.

CHINA

Compliant

Tungsten

CID002320

Xiamen Tungsten (H.C.) Co., Ltd.

CHINA

Compliant

Tungsten

CID002321

Jiangxi Gan Bei Tungsten Co., Ltd.

CHINA

Compliant

Tin

CID002455

CV Venus Inti Perkasa

INDONESIA

Compliant

Gold

CID002459

Geib Refining Corporation

UNITED STATES OF AMERICA

Compliant

Tin

CID002468

Magnu's Minerais Metais e Ligas Ltda.

BRAZIL

Compliant

Tantalum

CID002492

Hengyang King Xing Lifeng New Materials Co., Ltd.

CHINA

Compliant

Tungsten

CID002494

Ganzhou Seadragon W & Mo Co., Ltd.

CHINA

Compliant

Tin

CID002500

Melt Metais e Ligas S.A.

BRAZIL

Compliant

Tungsten

CID002502

Asia Tungsten Products Vietnam Ltd.

VIET NAM

Compliant

Tin

CID002503

PT ATD Makmur Mandiri Jaya

INDONESIA

Compliant

Tantalum

CID002504

D Block Metals, LLC

UNITED STATES OF AMERICA

Compliant

Tantalum

CID002505

FIR Metals & Resource Ltd.

CHINA

Compliant

Tantalum

CID002506

Jiujiang Zhongao Tantalum & Niobium Co., Ltd.

CHINA

Compliant

Tantalum

CID002508

XinXing HaoRong Electronic Material Co., Ltd.

CHINA

Compliant

Gold

CID002509

MMTC-PAMP India Pvt., Ltd.

INDIA

Compliant

Gold

CID002510

Republic Metals Corporation

UNITED STATES OF AMERICA

Compliant

Tantalum

CID002512

Jiangxi Dinghai Tantalum & Niobium Co., Ltd.

CHINA

Compliant

Tungsten

CID002513

Chenzhou Diamond Tungsten Products Co., Ltd.

CHINA

Compliant

Gold

CID002516

Singway Technology Co., Ltd.

TAIWAN, PROVINCE OF CHINA

Compliant

Tin

CID002517

O.M. Manufacturing Philippines, Inc.

PHILIPPINES

Compliant

Tin

CID002530

PT Inti Stania Prima

INDONESIA

Compliant

Tungsten

CID002535

Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd.

CHINA

Compliant

Tantalum

CID002539

KEMET Blue Metals

MEXICO

Compliant

Tungsten

CID002541

H.C. Starck Tungsten GmbH

GERMANY

Compliant

 

11
 

 

Metal

Smelter ID

Smelter Name

Location Country

RMAP Conformant Status*
         

Tungsten

CID002542

H.C. Starck Smelting GmbH & Co. KG

GERMANY

Compliant

Tungsten

CID002543

Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC

VIET NAM

Compliant

Tantalum

CID002544

H.C. Starck Co., Ltd.

THAILAND

Compliant

Tantalum

CID002545

H.C. Starck Tantalum and Niobium GmbH

GERMANY

Compliant

Tantalum

CID002547

H.C. Starck Hermsdorf GmbH

GERMANY

Compliant

Tantalum

CID002548

H.C. Starck Inc.

UNITED STATES OF AMERICA

Compliant

Tantalum

CID002549

H.C. Starck Ltd.

JAPAN

Compliant

Tantalum

CID002550

H.C. Starck Smelting GmbH & Co. KG

GERMANY

Compliant

Tungsten

CID002551

Jiangwu H.C. Starck Tungsten Products Co., Ltd.

CHINA

Compliant

Tantalum

CID002557

Global Advanced Metals Boyertown

UNITED STATES OF AMERICA

Compliant

Tantalum

CID002558

Global Advanced Metals Aizu

JAPAN

Compliant

Gold

CID002560

Al Etihad Gold Refinery DMCC

UNITED ARAB EMIRATES

Compliant

Gold

CID002561

Emirates Gold DMCC

UNITED ARAB EMIRATES

Compliant

Tantalum

CID002568

KEMET Blue Powder

UNITED STATES OF AMERICA

Compliant

Tin

CID002570

CV Ayi Jaya

INDONESIA

Compliant

Tungsten

CID002579

Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji

CHINA

Compliant

Gold

CID002580

T.C.A S.p.A

ITALY

Compliant

Tungsten

CID002589

Niagara Refining LLC

UNITED STATES OF AMERICA

Compliant

Tin

CID002592

CV Dua Sekawan

INDONESIA

Compliant

Tin

CID002593

PT Rajehan Ariq

INDONESIA

Compliant

Gold

CID002605

Korea Zinc Co., Ltd.

KOREA, REPUBLIC OF

Compliant

Gold

CID002606

Marsam Metals

BRAZIL

Compliant

Tungsten

CID002649

Hydrometallurg, JSC

RUSSIAN FEDERATION

Compliant

Tin

CID002706

Resind Industria e Comercio Ltda.

BRAZIL

Compliant

Tantalum

CID002707

Resind Industria e Comercio Ltda.

BRAZIL

Compliant

 

12
 

 

Metal

Smelter ID

Smelter Name

Location Country

RMAP Conformant Status*
         

Tungsten

CID002724

Unecha Refractory metals plant

RUSSIAN FEDERATION

Compliant

Tin

CID002757

PT O.M. Indonesia

INDONESIA

Not compliant

Gold

CID002761

SAAMP

FRANCE

Compliant

Gold

CID002765

Italpreziosi

ITALY

Compliant

Tin

CID002773

Metallo Belgium N.V.

BELGIUM

Compliant

Tin

CID002774

Metallo Spain S.L.U.

SPAIN

Compliant

Tin

CID002776

PT Bangka Prima Tin

INDONESIA

Compliant

Gold

CID002777

SAXONIA Edelmetalle GmbH

GERMANY

Compliant

Gold

CID002778

WIELAND Edelmetalle GmbH

GERMANY

Compliant

Gold

CID002779

Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH

AUSTRIA

Compliant

Tungsten

CID002815

South-East Nonferrous Metal Company Limited of Hengyang City

CHINA

Compliant

Tin

CID002816

PT Sukses Inti Makmur

INDONESIA

Compliant

Tungsten

CID002827

Philippine Chuangxin Industrial Co., Inc.

PHILIPPINES

Compliant

Tin

CID002829

PT Kijang Jaya Mandiri

INDONESIA

Compliant

Tungsten

CID002830

Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.

CHINA

Compliant

Tungsten

CID002833

ACL Metais Eireli

BRAZIL

Compliant

Tin

CID002835

PT Menara Cipta Mulia

INDONESIA

Compliant

Tantalum

CID002842

Jiangxi Tuohong New Raw Material

CHINA

Compliant

Tungsten

CID002843

Woltech Korea Co., Ltd.

KOREA, REPUBLIC OF

Compliant

Tin

CID002844

HuiChang Hill Tin Industry Co., Ltd.

CHINA

Compliant

Tungsten

CID002845

Moliren Ltd.

RUSSIAN FEDERATION

Compliant

Tantalum

CID002847

Power Resources Ltd.

MACEDONIA

Compliant

Tin

CID002848

Gejiu Fengming Metallurgy Chemical Plant

CHINA

Compliant

Tin

CID002849

Guanyang Guida Nonferrous Metal Smelting Plant

CHINA

Compliant

Gold

CID002850

AU Traders and Refiners

SOUTH AFRICA

Compliant

Tin

CID002859

Gejiu Jinye Mineral Company

CHINA

Compliant

Tin

CID002870

PT Lautan Harmonis Sejahtera

INDONESIA

Compliant

Gold

CID002918

SungEel HiMetal Co., Ltd.

KOREA, REPUBLIC OF

Compliant

Gold

CID002919

Planta Recuperadora de Metales SpA

CHILE

Compliant

 

13
 

 

Metal

Smelter ID

Smelter Name

Location Country

RMAP Conformant Status*
         

Gold

CID002973

Safimet S.p.A

ITALY

Compliant

Tin

CID003116

Guangdong Hanhe Non-Ferrous Metal Co., Ltd.

CHINA

Compliant

Tantalum

CID003191

Jiujiang Janny New Material Co., Ltd.

CHINA

Compliant

 

*

Based on information available from the Responsible Minerals Assurance Process as of May 11, 2018.

 

 

5.

Future Risk Mitigation Efforts

 

The Company has taken or intends to undertake the following additional steps during the next compliance period. These steps are intended to improve the due diligence conducted to further mitigate the risk that our Conflict Minerals benefit armed groups:

 

 

●

Continue to improve upon our acquisition integration process to enable our Conflicts Minerals working group to be more efficient and ensure practices are consistent throughout the Company.

 

 

●

Maintain our direct supplier engagement efforts and follow industry standards for 2018 outreach.

 

 

●

Continue to request that our direct suppliers encourage non-validated smelters or refiners in their supply chain to pursue compliance with an independent conflict-free program, such as the RMAP.

 

 

●

Participate in training programs, best practice sharing and other compliance program improvement initiatives available through our RMI membership.

 

Forward Looking Statement

 

This report contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The statements in this report that are not historical facts are intended to constitute "forward-looking statements" entitled to the safe-harbor provisions of the PSLRA. Forward-looking statements give the Company’s current expectations or forecasts in future events. These forward-looking statements generally can be identified by the use of such words as “believe,” “could,” “estimate,” “expect,” “hope,” “may,” “plan,” “project,” “will,” and variations of such words and similar expressions. Examples of forward-looking statements include, but are not limited to, statements concerning the additional steps that we intend to take to mitigate the risk that our necessary Conflict Minerals finance or benefit armed groups.

 

Such forward-looking statements are subject to risks and uncertainties that are often difficult to predict, are beyond the Company’s control and could cause actual actions or performance to differ materially from those expressed in the forward-looking statements. These risks and uncertainties include, but are not limited to, (1) the continued implementation of satisfactory traceability and other compliance measures by our direct suppliers on a timely basis or at all, (2) whether smelters and refiners and other market participants responsibly source subject metals, and (3) political and regulatory developments, whether in the Covered Countries, the United States or elsewhere. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of filing of this report. The Company undertakes no obligation to publicly update or revise forward-looking statement whether as a result of new information, future events, or otherwise, except as required by law or rules of the NASDAQ Global Select Market SM .

 

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