Conflict Minerals

Overview of Conflict Minerals

Conflict minerals are the minerals such as the tin, tantalite, tungsten, gold, etc. which are extracted from the Democratic Republic of the Congo or adjoining
countries which are involved in conflicts. The fund raised from the conflict minerals finances the armed groups in the conflict regions and can cause violation of
human rights such as child labor, forced labor and abuse of women during the mining process.Amid the increasing international concern on it, the US
Congress passed the Dodd–Frank Wall Street Reform and Consumer Protection Act which requires US listed companies to audit their supply chains and
report conflict minerals usage to US SEC (Securities and Exchange Commission) under the provisions of Article1502 of the law

  • Conflict region: Democratic Republic of the Congo and 9 adjoining countries

  • Dispute Area Reserves / World Reserves (%)

    Reference : Philips 2012, IBM, 2011 CSR Report

    • 3~4%

      Tin

      Cassiterite

    • 2~4%

      Tungsten

      Wolframite

    • 8~20%

      Tantalum

      Coltan

    • ~1%

      Gold

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