FORM SD

 

 

United States

Securities and Exchange Commission

Washington, D.C. 20549

 

 

FORM SD

SPECIALIZED DISCLOSURE REPORT

 

 

Colfax Corporation

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-34045   54-1887631
(State or other jurisdiction
of incorporation or organization)
  (Commission
File Number)
  (IRS Employer
Identification No.)

420 National Business Parkway, 5th Floor

Annapolis Junction, Maryland

  20701
(Address of principal executive offices)   (Zip Code)

Bradley J. Tandy, Senior Vice President and General Counsel

(301) 323-9000

(Name and telephone number, including area code, of the person to contact in connection with this report.)

 

 

Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

 

Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2019.

 

 

 


Section 1—Conflict Minerals Disclosure

 

Item 1.01

Conflict Minerals Disclosure and Report

As provided for in Rule 13p-1 under the Securities Exchange Act of 1934, as amended, and Form SD, a Conflict Minerals Report is provided as an exhibit to this Form SD and is available at the following Internet website: http://ir.colfaxcorp.com/corporate-social-responsibility. The information contained on our website is not incorporated by reference into this Form SD or our Conflict Minerals Report and should not be considered part of this Form SD or the Conflict Minerals Report.

 

Item 1.02

Exhibit

The Conflict Minerals Report described in Item 1.01 is filed as Exhibit 1.01 to this Form SD.

Section 2—Exhibits Item 2.01 Exhibits

 

Exhibit 1.01 – Conflict Minerals Report for the calendar year ended December 31, 2019

 

2


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

 

COLFAX CORPORATION    
      Date: May 29, 2020
By:   /s/ Jason MacLean    
Name:   Jason MacLean    
Title:   Senior Vice President, Colfax Business System and Supply Chain    

 

3


EXHIBIT INDEX

 

Exhibit

  

Description

1.01    Conflict Minerals Report for the calendar year ended December 31, 2019

 

4

EX-1.01

Exhibit 1.01

Conflict Minerals Report

Colfax Corporation has included this Conflict Minerals Report as an exhibit to its Form SD for the period from January 1st 2019 to December 31st 2019 as provided for in Rule 13p-1 under the Securities Exchange Act of 1934, as amended, and Form SD (collectively, the “Conflict Minerals Rule”). The date of filing of this Conflict Minerals Report is May 29, 2020.

Unless the context indicates otherwise, the terms “Colfax,” “we,” “its,” “us,” and “our” refer to Colfax Corporation and its consolidated subsidiaries. As used herein, “Conflict Minerals” or “3TG” is defined as, consistent with the Conflict Minerals Rule, cassiterite, columbite-tantalite (coltan), gold, wolframite and the derivatives tin, tantalum and tungsten.

Forward-Looking Statements

This document contains forward-looking statements within the meaning of the federal securities laws. Any statements that do not relate to historical or current facts or matters are forward-looking statements. You can identify some of the forward-looking statements by the use of forward-looking words, such as “intend” and the like, or the use of future tense. Statements concerning current conditions may also be forward-looking if they imply a continuation of current conditions. 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 3TG benefit armed groups.

Forward-looking statements are subject to risks and uncertainties that 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 and indirect suppliers on a timely basis or at all, (2) whether smelters and refiners and other market participants responsibly source 3TG, and (3) political, regulatory and economic developments, whether in the Democratic Republic of the Congo (“DRC”) region (the “Covered Countries”),the United States or elsewhere. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of filing of this document. We do not intend, and undertake no obligation, to publish revised forward-looking statements to reflect events or circumstances after the date of filing of this document or to reflect the occurrence of unanticipated events.

Company and Product Information

Colfax Corporation is a leading diversified technology company that provides fabrication technology and medical technology products and services to customers around the world principally under the ESAB and DJO brands..

Our in-scope product categories for our ESAB and DJO brands for2019 were: (1) orthopedic devices; (2) gas- and air-handling products; and (3) welding equipment, cutting equipment and automated welding and cutting systems. We have not included information on our former Howden brand, which we divested in 2019, in this Conflict Minerals Report. For a further discussion of our products, see our Annual Report on Form 10-K for the year ended December 31, 2019. The information contained in our Form 10-K and other external materials referenced herein, including our website, is not incorporated by reference into this Conflict Minerals Report or our Form SD and should not be considered part of this Conflict Minerals Report or the Form SD.

Applicability of the Conflict Minerals Rule to Our Company

We are subject to the Conflict Minerals Rule because some of the products that we manufacture contain 3TG that are necessary to their functionality or production. Our in-scope products contain tin, tantalum, tungsten and gold, although each in-scope product does not contain all four 3TG.

We generally do not source 3TG from smelters or refiners and have no direct relationships with mines, and we believe that we are in most cases many levels removed from all of these market participants. However, through the efforts described in this Conflict Minerals Report, we seek to ensure that our sourcing practices are consistent with our Conflict Minerals Policy, which is described below, and encourage conflict free sourcing in our supply chain.

Product, smelter and refiner information in respect of 2019 is described under “Product Information” below and on Annex A. For 2019, each of our in-scope products contained 3TG content for which we were unable to determine the origin. None of the necessary 3TG contained in our in-scope products were determined by us to directly or indirectly finance or benefit armed groups in the DRC or an adjoining country. However, we did not conclude that any of our products were “DRC conflict free.” The terms “adjoining country,” “armed group” and “DRC conflict free” have the meanings contained in the Conflict Minerals Rule.

 

1


Our Conflict Minerals Policy

We are committed to being a responsible corporate citizen and are opposed to human rights abuses such as are occurring in the DRC. To this end, we have adopted and communicated to our suppliers and the public a company policy (the “Conflict Minerals Policy”) for the supply chain of 3TG.

The Conflict Minerals Policy includes, but is not limited to, our expectations that:

 

  1.

The components, parts and products supplied to us are DRC conflict free within the meaning of the Conflict Minerals Rule;

 

  2.

Our suppliers define, implement and communicate to sub-suppliers their own 3TG policy consistent with our Conflict Minerals Policy and the Organisation for Economic Co-operation and Development’s Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict- Affected and High-Risk Areas (the “OECD Guidance”); and

 

  3.

Our suppliers implement policies, procedures and frameworks that are consistent with the OECD Guidance and require their direct and indirect sub- suppliers to do the same, and that our suppliers otherwise work with sub-suppliers to ensure traceability of 3TG.

We do not embargo sourcing of 3TG from the Covered Countries and encourage our suppliers to continue to source responsibly from the Covered Countries, from sources that do not support conflict.

Our policy is available on our website at http://ir.colfaxcorp.com/static-files/5f7e2a02-e1de-4317-aa11-f1a284e476c0.

Reasonable Country of Origin Inquiry Information

As required by the Conflict Minerals Rule, for 2019, we conducted a “reasonable country of origin inquiry” (“RCOI”). For our RCOI, to the extent applicable, we utilized the same processes and procedures as for our due diligence, in particular Steps 1 and 2 of the OECD Guidance, which are discussed below.

Our inquiry included approximately 7,750 suppliers (the “Suppliers”) that we identified as having provided us with components, parts or products that contain 3TG or that we believe may have provided us with components, parts or products that contain 3TG. For 2019, the Suppliers identified to us 302 smelters and refiners that processed or may have processed the necessary 3TG contained in our in-scope products, as shown and described under Annex A below. These smelters and refiners include 237 smelters and refiners identified as “Conformant” and 6 identified as “Active,” each as defined in Annex A. This information is based primarily on company-level declarations from Suppliers. Accordingly, many of these smelters and refiners may not be part of our supply chain, as we generally were not able to collect data at the product-level.

Based on the results of our RCOI, we conducted due diligence for 2019. These due diligence efforts are discussed below.

Due Diligence Program

Design Framework

We designed our due diligence measures relating to 3TG to conform with, in all material respects, the criteria set forth in the OECD Guidance, Third Edition, including the related Supplements for tin, tantalum and tungsten and for gold (hereinafter referred to as the “OECD Guidance”).

Selected Elements of our Due Diligence Program

The OECD Guidance has established a five-step framework for due diligence as a basis for responsible global supply chain management of minerals from conflict- affected and high-risk areas. Selected elements of our due diligence program are discussed below. However, these are not all of the elements of the program that we have put in place to help ensure that the 3TG contained in our in-scope products are responsibly sourced. The headings below conform to the headings used in the OECD Guidance for each of the five steps.

 

  1.

OECD Guidance Step One: “Establish strong company management systems”

 

  a.

We have a Conflict Minerals Policy. We communicate the policy internally to our sourcing teams and to selected suppliers. The Conflict Minerals Policy also is posted on our website at http://ir.colfaxcorp.com/static-files/5f7e2a02-e1de-4317-aa11-f1a284e476c0.

 

2


  b.

We have a team of senior staff under the Senior Vice President, Colfax Business System (“CBS”) and Supply Chain and Senior Vice President and General Counsel charged with managing our 3TG compliance strategy. The working group also includes representatives from each business platform. We supplement our compliance efforts with specialist outside counsel.

 

  c.

Selected internal personnel are educated on the Conflict Minerals Rule, the OECD Guidance, our compliance plan and the procedures for reviewing and validating supplier responses to our inquiries.

 

  d.

We utilize the Conflict Minerals Reporting Template (the “CMRT”) developed by the Responsible Minerals Initiative (the “RMI”) to identify smelters and refiners in our supply chain. The CMRT requests suppliers to provide information concerning the usage and source of 3TG in their products, as well as information concerning their related compliance efforts. We utilize a third-party service provider (the “Service Provider”) to conduct our supplier outreach and follow-up, as well as for the review and validation of supplier responses.

 

  e.

We maintain business records relating to 3TG due diligence, including records of due diligence processes, findings and resulting decisions, for at least five years.

 

  f.

The Service Provider provides training and educational materials to suppliers to enhance the quality of responses.

 

  g.

We have contractual terms relating to 3TG, which are incorporated into selected supplier contracts.

 

  h.

We have a mechanism for employees, suppliers and other interested parties to report violations of our Conflict Minerals Policy. The contact information for our grievance mechanism is www.colfaxcorp.ethicspoint.com.

 

  2.

OECD Guidance Step Two: “Identify and assess risk in the supply chain”

 

  a.

We requested in writing, through the Service Provider, that the Suppliers provide us with a completed CMRT. The Service Provider followed up by email or phone on our behalf with Suppliers that did not respond to the request within the specified time frame. The Service Provider followed up at least three times with non-responsive Suppliers.

 

  b.

The Service Provider, on our behalf, reviewed Supplier responses against its written review criteria to identify incomplete responses, potential errors and inaccuracies in the CMRTs. The Service Provider followed up by email with Suppliers that submitted a response that triggered specific quality issues relating to completeness and accuracy.

 

  c.

Smelter and refiner information provided by Suppliers was reviewed by the Service Provider against the RMI’s list of known smelters and refiners. To the extent that a smelter or refiner identified by a Supplier is not on that list, the Service Provider may take additional steps to attempt to determine whether the listed entity is a smelter or refiner. Smelter and refiner information also was reviewed against the lists of Conformant and Active smelters and refiners published by the RMI. 237 of the identified smelters and refiners were listed as Conformant by the RMI and 6 were listed as Active, as of May 15, 2020. Please see Annex A below for further information regarding the smelters and refiners identified to us through our RCOI and due diligence.

The Service Provider bases its country of origin determinations on publicly available information, its outreach to smelters and refiners and information provided by suppliers in their completed CMRTs. Consistent with the foregoing, to the extent that a smelter or refiner identified by a Supplier was not listed as Conformant by the RMI, the Service Provider undertook an additional review to attempt to determine whether that smelter or refiner obtained 3TG from sources that directly or indirectly financed or benefitted armed groups in the Covered Countries.

The Service Provider attempted to reach out to the smelter or refiner directly and conducted research to gain more information about the smelter’s or refiner’s sourcing practices, including the countries of origin of the minerals that it processes, the transit and transfer of the minerals that it processes and whether it has in place internal due diligence procedures or other processes to track the chain-of-custody of its 3TG.

 

3


  d.

The Service Provider evaluated Suppliers’ due diligence processes and policies based on the Suppliers’ responses to certain of the questions in the CMRT. These questions ask suppliers about their internal processes regarding 3TG.

 

  e.

We take steps to gather additional information from suppliers whose responses lead us to believe additional information is warranted to help ensure that our supply chain is responsibly sourcing 3TG. This may include requesting product-specific CMRTs or other information.

 

  3.

OECD Guidance Step Three: “Design and implement a strategy to respond to identified risks”

 

  a.

Our 3TG compliance team reviewed the reports and evaluations prepared by the Service Provider and liaised with appropriate members of senior management in our legal and supply chain teams, including our Senior Vice President, CBS and Supply Chain and Senior Vice President and General Counsel, regarding the results of our diligence.

 

  b.

We undertake additional internal reviews with our legal and supply chain teams on a periodic basis using the information provided by the Service Provider, our suppliers and our independent inquiries, and respond via supplier follow-up, commercial escalation or other commensurate means to the risks identified via these reviews.

 

  4.

OECD Guidance Step Four: “Carry out independent third-party audit of supply chain due diligence at identified points in the supply chain”

In connection with our due diligence, we utilize and rely on information made available by the RMI concerning independent third-party audits of smelters and refiners to assess smelter and refiner due diligence.

 

  5.

OECD Guidance Step Five: “Report on supply chain due diligence”

We file a Form SD and Conflict Minerals Report with the Securities and Exchange Commission and make these filings available on our website at http://ir.colfaxcorp.com/investor-relations.

Identified Smelters and Refiners

In connection with our RCOI or due diligence, as applicable, the Suppliers identified to us the smelters and refiners listed on Annex A below either as part of our supply chain or as potentially having processed the necessary 3TG contained in our in-scope products in 2019. Due to our position in the supply chain, which is discussed earlier in this Conflict Minerals Report, we rely on our suppliers for accurate smelter and refiner information and our due diligence measures do not provide absolute certainty regarding the source and chain of custody of the necessary 3TG contained in our in-scope products.

We endeavored to determine the mine or location of origin of the 3TG contained in our in-scope products by requesting that the Suppliers provide us or our Service Provider with a completed CMRT, and through the other activities described herein that were taken by us or the Service Provider.

Future Risk Mitigation Efforts

We intend to take the following additional steps to mitigate the risk that the necessary 3TG in our in-scope products benefit armed groups in the Covered Countries. These steps are in addition to the steps that we took in respect of 2019, which we intend to continue to take in respect of 2020 to the extent applicable.

 

  1.

Engage with applicable Suppliers that provided incomplete responses or that did not provide responses for 2019 to help ensure that they provide requested information for 2019.

 

 

Engage in additional outreach to Suppliers with non-Conformant responses

 

 

Conduct further training for Suppliers

 

 

Work to identify improved contacts for non-respondents

 

4


  2.

Encourage the continuing development and progress of traceability measures at Suppliers that indicated for 2019 that the source of 3TG was unknown or undeterminable.

 

  3.

Continue communicating to suppliers our sourcing expectations, including through the dissemination of the Conflict Minerals Policy to them and required adherence to contractual sourcing requirements.

 

5


Annex A

Capitalized terms used and not otherwise defined in this Annex have the meanings set forth in the Conflict Minerals Report of which this Annex is a part.

Smelters and Refiners

In connection with our RCOI or due diligence, as applicable, the Suppliers identified to us the smelters and refiners listed below as either being part of our supply chain or as potentially having processed the necessary 3TG contained in our in-scope products in 2019. Please see the notes that accompany the tables for additional information concerning the information in the tables.

Summary Smelter and Refiner Information

 

Metal    Conformant    Active   

On Smelter

Look-up Tab Only

   Total

Tantalum

   38    0    0    38

Tin

   48    0    10    58

Tungsten

   43    5    3    51

Gold

   108    1    46    155

Totals

   237    6    59    302

The following percentages of the identified smelters and refiners were listed as Conformant, by mineral: tantalum – 100%; tin – 83%; tungsten – 84%; and gold – 70%.

Smelter and Refiner Names and Status

 

       
Metal    Standard Smelter Name    Smelter Facility Location    Status

Gold

   8853 S.p.A.    ITALY    Conformant

Gold

   Abington Reldan Metals, LLC    UNITED STATES OF AMERICA    On Smelter Look-up Tab Only

Gold

   Advanced Chemical Company    UNITED STATES OF AMERICA    Conformant

Gold

   African Gold Refinery    UGANDA    On Smelter Look-up Tab Only

Gold

   Aida Chemical Industries Co., Ltd.    JAPAN    Conformant

Gold

   Al Etihad Gold Refinery DMCC    UNITED ARAB EMIRATES    Conformant

Gold

   Allgemeine Gold-und Silberscheideanstalt A.G.    GERMANY    Conformant

Gold

   Almalyk Mining and Metallurgical Complex (AMMC)    UZBEKISTAN    Conformant

Gold

   AngloGold Ashanti Corrego do Sitio Mineracao    BRAZIL    Conformant

Gold

   Argor-Heraeus S.A.    SWITZERLAND    Conformant

Gold

   Asahi Pretec Corp.    JAPAN    Conformant

Gold

   Asahi Refining Canada Ltd.    CANADA    Conformant

Gold

   Asahi Refining USA Inc.    UNITED STATES OF AMERICA    Conformant

Gold

   Asaka Riken Co., Ltd.    JAPAN    Conformant

Gold

   Atasay Kuyumculuk Sanayi Ve Ticaret A.S.    TURKEY    Conformant

 

6

 


Gold

   AU Traders and Refiners    SOUTH AFRICA    Conformant

Gold

   Aurubis AG    GERMANY    Conformant

Gold

   Bangalore Refinery    INDIA    Conformant

Gold

   Bangko Sentral ng Pilipinas (Central Bank of the Philippines)    PHILIPPINES    Conformant

Gold

   Boliden AB    SWEDEN    Conformant

Gold

   C. Hafner GmbH + Co. KG    GERMANY    Conformant

Gold

   Caridad    MEXICO    On Smelter Look-up Tab Only

Gold

   CCR Refinery—Glencore Canada Corporation    CANADA    Conformant

Gold

   Cendres + Metaux S.A.    SWITZERLAND    Conformant

Gold

   CGR Metalloys Pvt Ltd.    INDIA    On Smelter Look-up Tab Only

Gold

   Chimet S.p.A.    ITALY    Conformant

Gold

   Chugai Mining    JAPAN    Conformant

Gold

   Daye Non-Ferrous Metals Mining Ltd.    CHINA    On Smelter Look-up Tab Only

Gold

   Degussa Sonne / Mond Goldhandel GmbH    GERMANY    On Smelter Look-up Tab Only

Gold

   Dijllah Gold Refinery FZC    UNITED ARAB EMIRATES    On Smelter Look-up Tab Only

Gold

   DODUCO Contacts and Refining GmbH    GERMANY    Conformant

Gold

   Dowa    JAPAN    Conformant

Gold

   DS PRETECH Co., Ltd.    KOREA, REPUBLIC OF    Conformant

Gold

   DSC (Do Sung Corporation)    KOREA, REPUBLIC OF    Conformant

Gold

   Eco-System Recycling Co., Ltd. East Plant    JAPAN    Conformant

Gold

   Eco-System Recycling Co., Ltd. North Plant    JAPAN    Conformant

Gold

   Eco-System Recycling Co., Ltd. West Plant    JAPAN    Conformant

Gold

   Emirates Gold DMCC    UNITED ARAB EMIRATES    Conformant

Gold

   Fidelity Printers and Refiners Ltd.    ZIMBABWE    On Smelter Look-up Tab Only

Gold

   Fujairah Gold FZC    UNITED ARAB EMIRATES    On Smelter Look-up Tab Only

Gold

   GCC Gujrat Gold Centre Pvt. Ltd.    INDIA    On Smelter Look-up Tab Only

Gold

   Geib Refining Corporation    UNITED STATES OF AMERICA    Conformant

Gold

   Gold Refinery of Zijin Mining Group Co., Ltd.    CHINA    Conformant

Gold

   Great Wall Precious Metals Co., Ltd. of CBPM    CHINA    On Smelter Look-up Tab Only

Gold

   Guangdong Jinding Gold Limited    CHINA    On Smelter Look-up Tab Only

Gold

   Guoda Safina High-Tech Environmental Refinery Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Gold

   Hangzhou Fuchunjiang Smelting Co., Ltd.    CHINA    On Smelter Look-up Tab Only

 

7


Gold

   Heimerle + Meule GmbH    GERMANY    Conformant

Gold

   Heraeus Metals Hong Kong Ltd.    CHINA    Conformant

Gold

   Heraeus Precious Metals GmbH & Co. KG    GERMANY    Conformant

Gold

   Hunan Chenzhou Mining Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Gold

   Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Gold

   HwaSeong CJ CO., LTD.    KOREA, REPUBLIC OF    On Smelter Look-up Tab Only

Gold

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

Gold

   International Precious Metal Refiners    UNITED ARAB EMIRATES    On Smelter Look-up Tab Only

Gold

   Ishifuku Metal Industry Co., Ltd.    JAPAN    Conformant

Gold

   Istanbul Gold Refinery    TURKEY    Conformant

Gold

   Italpreziosi    ITALY    Conformant

Gold

   Japan Mint    JAPAN    Conformant

Gold

   Jiangxi Copper Co., Ltd.    CHINA    Conformant

Gold

   JSC Ekaterinburg Non-Ferrous Metal Processing Plant    RUSSIAN FEDERATION    On Smelter Look-up Tab Only

Gold

   JSC Uralelectromed    RUSSIAN FEDERATION    Conformant

Gold

   JX Nippon Mining & Metals Co., Ltd.    JAPAN    Conformant

Gold

   Kaloti Precious Metals    UNITED ARAB EMIRATES    On Smelter Look-up Tab Only

Gold

   Kazakhmys Smelting LLC    KAZAKHSTAN    On Smelter Look-up Tab Only

Gold

   Kazzinc    KAZAKHSTAN    Conformant

Gold

   Kennecott Utah Copper LLC    UNITED STATES OF AMERICA    Conformant

Gold

   KGHM Polska Miedz Spolka Akcyjna    POLAND    Conformant

Gold

   Kojima Chemicals Co., Ltd.    JAPAN    Conformant

Gold

   Korea Zinc Co., Ltd.    KOREA, REPUBLIC OF    Conformant

Gold

   Kyrgyzaltyn JSC    KYRGYZSTAN    Conformant

Gold

   Kyshtym Copper-Electrolytic Plant ZAO    RUSSIAN FEDERATION    On Smelter Look-up Tab Only

Gold

   L’azurde Company For Jewelry    SAUDI ARABIA    On Smelter Look-up Tab Only

Gold

   Lingbao Gold Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Gold

   Lingbao Jinyuan Tonghui Refinery Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Gold

   L’Orfebre S.A.    ANDORRA    Conformant

Gold

   LS-NIKKO Copper Inc.    KOREA, REPUBLIC OF    Conformant

Gold

   LT Metal Ltd.    KOREA, REPUBLIC OF    Conformant

Gold

   Luoyang Zijin Yinhui Gold Refinery Co., Ltd.    CHINA    On Smelter Look-up Tab Only

 

8


Gold

   Marsam Metals    BRAZIL    Conformant

Gold

   Materion    UNITED STATES OF AMERICA    Conformant

Gold

   Matsuda Sangyo Co., Ltd.    JAPAN    Conformant

Gold

   Metalor Technologies (Hong Kong) Ltd.    CHINA    Conformant

Gold

   Metalor Technologies (Singapore) Pte., Ltd.    SINGAPORE    Conformant

Gold

   Metalor Technologies (Suzhou) Ltd.    CHINA    Conformant

Gold

   Metalor Technologies S.A.    SWITZERLAND    Conformant

Gold

   Metalor USA Refining Corporation    UNITED STATES OF AMERICA    Conformant

Gold

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

Gold

   Mitsubishi Materials Corporation    JAPAN    Conformant

Gold

   Mitsui Mining and Smelting Co., Ltd.    JAPAN    Conformant

Gold

   MMTC-PAMP India Pvt., Ltd.    INDIA    Conformant

Gold

   Modeltech Sdn Bhd    MALAYSIA    On Smelter Look-up Tab Only

Gold

   Morris and Watson    NEW ZEALAND    On Smelter Look-up Tab Only

Gold

   Moscow Special Alloys Processing Plant    RUSSIAN FEDERATION    Conformant

Gold

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

Gold

   Navoi Mining and Metallurgical Combinat    UZBEKISTAN    On Smelter Look-up Tab Only

Gold

   NH Recytech Company    KOREA, REPUBLIC OF    On Smelter Look-up Tab Only

Gold

   Nihon Material Co., Ltd.    JAPAN    Conformant

Gold

   Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH    AUSTRIA    Conformant

Gold

   Ohura Precious Metal Industry Co., Ltd.    JAPAN    Conformant

Gold

   OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet)    RUSSIAN FEDERATION    Conformant

Gold

   OJSC Novosibirsk Refinery    RUSSIAN FEDERATION    Conformant

Gold

   PAMP S.A.    SWITZERLAND    Conformant

Gold

   Pease & Curren    UNITED STATES OF AMERICA    On Smelter Look-up Tab Only

Gold

   Penglai Penggang Gold Industry Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Gold

   Planta Recuperadora de Metales SpA    CHILE    Conformant

Gold

   Prioksky Plant of Non-Ferrous Metals    RUSSIAN FEDERATION    Conformant

Gold

   PT Aneka Tambang (Persero) Tbk    INDONESIA    Conformant

Gold

   PX Precinox S.A.    SWITZERLAND    Conformant

Gold

   QG Refining, LLC    UNITED STATES OF AMERICA    On Smelter Look-up Tab Only

Gold

   Rand Refinery (Pty) Ltd.    SOUTH AFRICA    Conformant

Gold

   Refinery of Seemine Gold Co., Ltd.    CHINA    On Smelter Look-up Tab Only

 

9


Gold

   REMONDIS PMR B.V.    NETHERLANDS    Conformant

Gold

   Royal Canadian Mint    CANADA    Conformant

Gold

   SAAMP    FRANCE    Conformant

Gold

   Sabin Metal Corp.    UNITED STATES OF AMERICA    On Smelter Look-up Tab Only

Gold

   Safimet S.p.A    ITALY    Conformant

Gold

   SAFINA A.S.    CZECH REPUBLIC    Active

Gold

   Sai Refinery    INDIA    On Smelter Look-up Tab Only

Gold

   Samduck Precious Metals    KOREA, REPUBLIC OF    Conformant

Gold

   Samwon Metals Corp.    KOREA, REPUBLIC OF    On Smelter Look-up Tab Only

Gold

   SAXONIA Edelmetalle GmbH    GERMANY    Conformant

Gold

   SEMPSA Joyeria Plateria S.A.    SPAIN    Conformant

Gold

   Shandong Humon Smelting Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Gold

   Shandong Tiancheng Biological Gold Industrial Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Gold

   Shandong Zhaojin Gold & Silver Refinery Co., Ltd.    CHINA    Conformant

Gold

   Sichuan Tianze Precious Metals Co., Ltd.    CHINA    Conformant

Gold

   Singway Technology Co., Ltd.    TAIWAN, PROVINCE OF CHINA    Conformant

Gold

   SOE Shyolkovsky Factory of Secondary Precious Metals    RUSSIAN FEDERATION    Conformant

Gold

   Solar Applied Materials Technology Corp.    TAIWAN, PROVINCE OF CHINA    Conformant

Gold

   Sovereign Metals    INDIA    On Smelter Look-up Tab Only

Gold

   State Research Institute Center for Physical Sciences and Technology    LITHUANIA    On Smelter Look-up Tab Only

Gold

   Sudan Gold Refinery    SUDAN    On Smelter Look-up Tab Only

Gold

   Sumitomo Metal Mining Co., Ltd.    JAPAN    Conformant

Gold

   SungEel HiMetal Co., Ltd.    KOREA, REPUBLIC OF    Conformant

Gold

   T.C.A S.p.A    ITALY    Conformant

Gold

   Tanaka Kikinzoku Kogyo K.K.    JAPAN    Conformant

Gold

   The Refinery of Shandong Gold Mining Co., Ltd.    CHINA    Conformant

Gold

   Tokuriki Honten Co., Ltd.    JAPAN    Conformant

Gold

   Tongling Nonferrous Metals Group Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Gold

   Tony Goetz NV    BELGIUM    On Smelter Look-up Tab Only

Gold

   TOO Tau-Ken-Altyn    KAZAKHSTAN    Conformant

Gold

   Torecom    KOREA, REPUBLIC OF    Conformant

Gold

   Umicore Brasil Ltda.    BRAZIL    Conformant

Gold

   Umicore Precious Metals Thailand    THAILAND    Conformant

 

10


Gold

   Umicore S.A. Business Unit Precious Metals Refining    BELGIUM    Conformant

Gold

   United Precious Metal Refining, Inc.    UNITED STATES OF AMERICA    Conformant

Gold

   Valcambi S.A.    SWITZERLAND    Conformant

Gold

   Western Australian Mint (T/a The Perth Mint)    AUSTRALIA    Conformant

Gold

   WIELAND Edelmetalle GmbH    GERMANY    Conformant

Gold

   Yamakin Co., Ltd.    JAPAN    Conformant

Gold

   Yokohama Metal Co., Ltd.    JAPAN    Conformant

Gold

   Yunnan Copper Industry Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Gold

   Zhongyuan Gold Smelter of Zhongjin Gold Corporation    CHINA    Conformant

Tantalum

   Asaka Riken Co., Ltd.    JAPAN    Conformant

Tantalum

   Changsha South Tantalum Niobium Co., Ltd.    CHINA    Conformant

Tantalum

   CP Metals Inc.    UNITED STATES OF AMERICA    Conformant

Tantalum

   D Block Metals, LLC    UNITED STATES OF AMERICA    Conformant

Tantalum

   Exotech Inc.    UNITED STATES OF AMERICA    Conformant

Tantalum

   F&X Electro-Materials Ltd.    CHINA    Conformant

Tantalum

   FIR Metals & Resource Ltd.    CHINA    Conformant

Tantalum

   Global Advanced Metals Aizu    JAPAN    Conformant

Tantalum

   Global Advanced Metals Boyertown    UNITED STATES OF AMERICA    Conformant

Tantalum

   Guangdong Zhiyuan New Material Co., Ltd.    CHINA    Conformant

Tantalum

   H.C. Starck Co., Ltd.    THAILAND    Conformant

Tantalum

   H.C. Starck Hermsdorf GmbH    GERMANY    Conformant

Tantalum

   H.C. Starck Inc.    UNITED STATES OF AMERICA    Conformant

Tantalum

   H.C. Starck Ltd.    JAPAN    Conformant

Tantalum

   H.C. Starck Smelting GmbH & Co. KG    GERMANY    Conformant

Tantalum

   H.C. Starck Tantalum and Niobium GmbH    GERMANY    Conformant

Tantalum

   Hengyang King Xing Lifeng New Materials Co., Ltd.    CHINA    Conformant

Tantalum

   Jiangxi Dinghai Tantalum & Niobium Co., Ltd.    CHINA    Conformant

Tantalum

   Jiangxi Tuohong New Raw Material    CHINA    Conformant

Tantalum

   JiuJiang JinXin Nonferrous Metals Co., Ltd.    CHINA    Conformant

Tantalum

   Jiujiang Tanbre Co., Ltd.    CHINA    Conformant

Tantalum

   Jiujiang Zhongao Tantalum & Niobium Co., Ltd.    CHINA    Conformant

Tantalum

   KEMET Blue Metals    MEXICO    Conformant

Tantalum

   LSM Brasil S.A.    BRAZIL    Conformant

Tantalum

   Metallurgical Products India Pvt., Ltd.    INDIA    Conformant

Tantalum

   Mineracao Taboca S.A.    BRAZIL    Conformant

Tantalum

   Mitsui Mining and Smelting Co., Ltd.    JAPAN    Conformant

Tantalum

   Ningxia Orient Tantalum Industry Co., Ltd.    CHINA    Conformant

Tantalum

   NPM Silmet AS    ESTONIA    Conformant

 

11


Tantalum

   PRG Dooel    NORTH MACEDONIA, REPUBLIC OF    Conformant

Tantalum

   QuantumClean    UNITED STATES OF AMERICA    Conformant

Tantalum

   Resind Industria e Comercio Ltda.    BRAZIL    Conformant

Tantalum

   Solikamsk Magnesium Works OAO    RUSSIAN FEDERATION    Conformant

Tantalum

   Taki Chemical Co., Ltd.    JAPAN    Conformant

Tantalum

   Telex Metals    UNITED STATES OF AMERICA    Conformant

Tantalum

   Ulba Metallurgical Plant JSC    KAZAKHSTAN    Conformant

Tantalum

   XinXing HaoRong Electronic Material Co., Ltd.    CHINA    Conformant

Tantalum

   Yanling Jincheng Tantalum & Niobium Co., Ltd.    CHINA    Conformant

Tin

   Alpha    UNITED STATES OF AMERICA    Conformant

Tin

   An Vinh Joint Stock Mineral Processing Company    VIET NAM    On Smelter Look-up Tab Only

Tin

   Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.    CHINA    Conformant

Tin

   Chifeng Dajingzi Tin Industry Co., Ltd.    CHINA    Conformant

Tin

   China Tin Group Co., Ltd.    CHINA    Conformant

Tin

   Dongguan CiEXPO Environmental Engineering Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Tin

   Dowa    JAPAN    Conformant

Tin

   Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company    VIET NAM    On Smelter Look-up Tab Only

Tin

   EM Vinto    BOLIVIA (PLURINATIONAL STATE OF)    Conformant

Tin

   Estanho de Rondonia S.A.    BRAZIL    On Smelter Look-up Tab Only

Tin

   Fenix Metals    POLAND    Conformant

Tin

   Gejiu City Fuxiang Industry and Trade Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Tin

   Gejiu Kai Meng Industry and Trade LLC    CHINA    Conformant

Tin

   Gejiu Non-Ferrous Metal Processing Co., Ltd.    CHINA    Conformant

Tin

   Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.    CHINA    Conformant

Tin

   Gejiu Zili Mining And Metallurgy Co., Ltd.    CHINA    Conformant

Tin

   Guangdong Hanhe Non-Ferrous Metal Co., Ltd.    CHINA    Conformant

Tin

   Guanyang Guida Nonferrous Metal Smelting Plant    CHINA    Conformant

Tin

   HuiChang Hill Tin Industry Co., Ltd.    CHINA    Conformant

Tin

   Huichang Jinshunda Tin Co., Ltd.    CHINA    Conformant

Tin

   Jiangxi New Nanshan Technology Ltd.    CHINA    Conformant

Tin

   Luna Smelter, Ltd.    RWANDA    Conformant

Tin

   Ma’anshan Weitai Tin Co., Ltd.    CHINA    Conformant

Tin

   Magnu’s Minerais Metais e Ligas Ltda.    BRAZIL    Conformant

Tin

   Malaysia Smelting Corporation (MSC)    MALAYSIA    Conformant

Tin

   Melt Metais e Ligas S.A.    BRAZIL    Conformant

Tin

   Metallic Resources, Inc.    UNITED STATES OF AMERICA    Conformant

 

12


Tin

   Metallo Belgium N.V.    BELGIUM    Conformant

Tin

   Metallo Spain S.L.U.    SPAIN    Conformant

Tin

   Mineracao Taboca S.A.    BRAZIL    Conformant

Tin

   Minsur    PERU    Conformant

Tin

   Mitsubishi Materials Corporation    JAPAN    Conformant

Tin

   Modeltech Sdn Bhd    MALAYSIA    On Smelter Look-up Tab Only

Tin

   Nghe Tinh Non-Ferrous Metals Joint Stock Company    VIET NAM    On Smelter Look-up Tab Only

Tin

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

Tin

   O.M. Manufacturing Philippines, Inc.    PHILIPPINES    Conformant

Tin

   Operaciones Metalurgicas S.A.    BOLIVIA (PLURINATIONAL STATE OF)    Conformant

Tin

   Pongpipat Company Limited    MYANMAR    On Smelter Look-up Tab Only

Tin

   Precious Minerals and Smelting Limited    INDIA    Conformant

Tin

   PT Artha Cipta Langgeng    INDONESIA    Conformant

Tin

   PT ATD Makmur Mandiri Jaya    INDONESIA    Conformant

Tin

   PT Menara Cipta Mulia    INDONESIA    Conformant

Tin

   PT Mitra Stania Prima    INDONESIA    Conformant

Tin

   PT Refined Bangka Tin    INDONESIA    Conformant

Tin

   PT Timah Tbk Kundur    INDONESIA    Conformant

Tin

   PT Timah Tbk Mentok    INDONESIA    Conformant

Tin

   Resind Industria e Comercio Ltda.    BRAZIL    Conformant

Tin

   Rui Da Hung    TAIWAN, PROVINCE OF CHINA    Conformant

Tin

   Soft Metais Ltda.    BRAZIL    Conformant

Tin

   Super Ligas    BRAZIL    On Smelter Look-up Tab Only

Tin

   Thai Nguyen Mining and Metallurgy Co., Ltd.    VIET NAM    Conformant

Tin

   Thaisarco    THAILAND    Conformant

Tin

   Tin Technology & Refining    UNITED STATES OF AMERICA    Conformant

Tin

   Tuyen Quang Non-Ferrous Metals Joint Stock Company    VIET NAM    On Smelter Look-up Tab Only

Tin

   White Solder Metalurgia e Mineracao Ltda.    BRAZIL    Conformant

Tin

   Yunnan Chengfeng Non-ferrous Metals Co., Ltd.    CHINA    Conformant

Tin

   Yunnan Tin Company Limited    CHINA    Conformant

Tin

   Yunnan Yunfan Non-ferrous Metals Co., Ltd.    CHINA    Conformant

Tungsten

   A.L.M.T. Corp.    JAPAN    Conformant

Tungsten

   ACL Metais Eireli    BRAZIL    Conformant

Tungsten

   Albasteel Industria e Comercio de Ligas Para Fundicao Ltd.    BRAZIL    Active

Tungsten

   Asia Tungsten Products Vietnam Ltd.    VIET NAM    Conformant

Tungsten

   Chenzhou Diamond Tungsten Products Co., Ltd.    CHINA    Conformant

 

13


Tungsten

   China Molybdenum Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Tungsten

   Chongyi Zhangyuan Tungsten Co., Ltd.    CHINA    Conformant

Tungsten

   CNMC (Guangxi) PGMA Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Tungsten

   CP Metals Inc.    UNITED STATES OF AMERICA    Active

Tungsten

   Fujian Ganmin RareMetal Co., Ltd.    CHINA    Conformant

Tungsten

   Fujian Jinxin Tungsten Co., Ltd.    CHINA    Conformant

Tungsten

   Ganzhou Haichuang Tungsten Co., Ltd.    CHINA    Conformant

Tungsten

   Ganzhou Huaxing Tungsten Products Co., Ltd.    CHINA    Conformant

Tungsten

   Ganzhou Jiangwu Ferrotungsten Co., Ltd.    CHINA    Conformant

Tungsten

   Ganzhou Seadragon W & Mo Co., Ltd.    CHINA    Conformant

Tungsten

   Global Tungsten & Powders Corp.    UNITED STATES OF AMERICA    Conformant

Tungsten

   Guangdong Xianglu Tungsten Co., Ltd.    CHINA    Conformant

Tungsten

   H.C. Starck Smelting GmbH & Co. KG    GERMANY    Conformant

Tungsten

   H.C. Starck Tungsten GmbH    GERMANY    Conformant

Tungsten

   Hunan Chenzhou Mining Co., Ltd.    CHINA    Conformant

Tungsten

   Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji    CHINA    Conformant

Tungsten

   Hunan Chunchang Nonferrous Metals Co., Ltd.    CHINA    Conformant

Tungsten

   Hunan Litian Tungsten Industry Co., Ltd.    CHINA    Conformant

Tungsten

   Hydrometallurg, JSC    RUSSIAN FEDERATION    Conformant

Tungsten

   Japan New Metals Co., Ltd.    JAPAN    Conformant

Tungsten

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

Tungsten

   Jiangxi Gan Bei Tungsten Co., Ltd.    CHINA    Conformant

Tungsten

   Jiangxi Minmetals Gao’an Non-ferrous Metals Co., Ltd.    CHINA    On Smelter Look-up Tab Only

Tungsten

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

Tungsten

   Jiangxi Xianglu Tungsten Co., Ltd.    CHINA    Active

Tungsten

   Jiangxi Xinsheng Tungsten Industry Co., Ltd.    CHINA    Conformant

Tungsten

   Jiangxi Yaosheng Tungsten Co., Ltd.    CHINA    Conformant

Tungsten

   JSC “Kirovgrad Hard Alloys Plant”    RUSSIAN FEDERATION    Active

Tungsten

   Kennametal Fallon    UNITED STATES OF AMERICA    Conformant

Tungsten

   Kennametal Huntsville    UNITED STATES OF AMERICA    Conformant

Tungsten

   KGETS Co., Ltd.    KOREA, REPUBLIC OF    Conformant

Tungsten

   Lianyou Metals Co., Ltd.    TAIWAN, PROVINCE OF CHINA    Conformant

Tungsten

   Malipo Haiyu Tungsten Co., Ltd.    CHINA    Conformant

Tungsten

   Masan Tungsten Chemical LLC (MTC)    VIET NAM    Conformant

Tungsten

   Moliren Ltd.    RUSSIAN FEDERATION    Conformant

Tungsten

   Niagara Refining LLC    UNITED STATES OF AMERICA    Conformant

Tungsten

   NPP Tyazhmetprom LLC    RUSSIAN FEDERATION    Active

 

14


Tungsten

   Philippine Chuangxin Industrial Co., Inc.    PHILIPPINES    Conformant

Tungsten

   Tejing (Vietnam) Tungsten Co., Ltd.    VIET NAM    Conformant

Tungsten

   Unecha Refractory metals plant    RUSSIAN FEDERATION    Conformant

Tungsten

   Wolfram Bergbau und Hutten AG    AUSTRIA    Conformant

Tungsten

   Woltech Korea Co., Ltd.    KOREA, REPUBLIC OF    Conformant

Tungsten

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

Tungsten

   Xiamen Tungsten Co., Ltd.    CHINA    Conformant

Tungsten

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

Tungsten

   Xinhai Rendan Shaoguan Tungsten Co., Ltd.    CHINA    Conformant

We note the following in connection with the information contained in the foregoing tables:

 

  (a)

The smelters and refiners reflected in the tables were identified by the Suppliers to us as potentially being part of our 2019 supply chain. However, not all of the included smelters and refiners are believed by us to have processed the necessary 3TG contained in our in-scope products, since most Suppliers reported to us at a “company level” the 3TG contained in all of their products, not just those in the products that they sold to us. Some Suppliers also may have reported to us smelters and refiners that were not in our supply chain due to over-inclusiveness in the information received from their suppliers or for other reasons. The smelters and refiners reflected above may not be all of the smelters and refiners in our supply chain, since many Suppliers were unable to identify all of the smelters and refiners used to process the necessary 3TG content contained in our in-scope products and not all of the Suppliers responded to our inquiries.

 

  (b)

All compliance status information in the tables is as of May 15, 2020. Compliance status is based on information published by the RMI, without independent verification by us.

 

  (c)

“Conformant” means that a smelter or refiner has successfully completed an assessment against the applicable Responsible Minerals Assurance Process (“RMAP”) standard or an equivalent cross-recognized assessment. Included smelters and refiners were not necessarily Conformant for all or part of 2019 and may not continue to be Conformant for any future period.

 

  (d)

“Active” means that the smelter or refiner has committed to undergo an RMAP assessment, completed the relevant documents, and scheduled the on-site assessment. These may be in the pre-assessment, assessment, or corrective-action phases of the assessment.

 

  (e)

A smelter or refiner is listed as “On Smelter Look-up Tab Only” if it was not Conformant or Active.

 

  (f)

The tables include only entities that are listed as verified smelters on the Smelter Look-up tab list of the CMRT.

 

  (g)

Smelter and refiner country location is based on information published by the RMI, without independent verification by us.

Country of Origin Information

The identified countries of origin of the 3TG processed by the smelters and refiners listed in the table above may have included the countries below, based on publicly available information, our RCOI and due diligence and other information gathered by the Service Provider. These may not be all of the countries of origin from which the smelters and refiners listed above may have sourced 3TG.

Afghanistan, Albania, Angola, Argentina, Armenia, Australia, Austria, Belarus, Belgium, Bermuda, Bolivia, Brazil, Bulgaria, Burundi, Cambodia, Canada, Central African Republic, Chile, China, Colombia, Czech Republic, Djibouti, Dominican Republic, Democratic Republic of the Congo, Ecuador, Egypt, England, Estonia, Ethiopia, Finland, France, Germany, Ghana, Guinea, Guyana, Hungary, India, Indonesia, Ireland, Israel, Italy, Ivory Coast, Japan, Kazakhstan, Kenya, Kyrgyzstan, Laos, Liberia, Lithuania, Luxembourg, Madagascar, Malaysia, Mali, Mauritania, Mexico, Mongolia, Morocco, Mozambique, Myanmar, Namibia, Netherlands, New Zealand, Niger, Nigeria, Papua New Guinea, Peru, Philippines, Poland, Portugal, Korea, Russia, Rwanda, Saudi Arabia, Sierra Leone, Singapore, Slovakia, Slovenia, South Africa, Spain, Sudan, Suriname, Sweden, Switzerland, Tanzania, Thailand, Turkey, Uganda, United Arab Emirates, United Kingdom, United States of America, Uzbekistan, Vietnam, Zambia and Zimbabwe.

Alternatively, or in addition, some of the smelters and refiners may have sourced from recycled or scrap sources.

 

15