Traditionally, the focus of industry and government regulation (notably Dodd-Frank's Section 1502 of the Wall Street Reform and Consumer Protection Act or "Dodd-Frank's") has been on Refers to tin, tungsten, tantalum, gold, and cobalt (also known as 3TG conflict minerals or rock") originating from the Democratic Republic of the Congo (DRC) or adjacent countries. This conflict can be traced back to mines controlled by armed militias and the sale of minerals that contribute to human rights violations.
The United Nations has found that the trade in certain rare earth minerals is helping to finance the civil conflict in the Democratic Republic of the Congo, characterized by extreme levels of violence. These minerals are commonly referred to as 3TG and cobalt (tin, tantalum, tungsten, gold, and cobalt).
In recognition of this, in July 2010, the US government enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 1502 of the Dodd-Frank Act is intended to provide a means to starve armed groups in the Congo's donor area used to fund the civil conflict described by the United Nations. In August 2012, as required by Section 1502 of the Dodd-Frank Act, the U.S. Securities and Exchange Commission passed Rule 13p-1 under the Securities Exchange Act, requiring all public Public companies must publicly report on an annual basis certain information regarding Cobalt and 3TG in the products they manufacture or contract to manufacture to the extent that 3TG is necessary for the function or production of the product.
Driven by growing concern about child labor and additional human rights violations in addition to
Scope of Dodd-Frank, CHIEN TA (KIEN DAT) commits:
Cobalt and 3TG are not directly sourced and used from mines, smelters or refiners, and in most cases some or more levels are excluded from these market participants.
Ask our suppliers directly or indirectly to commit not to supply and use cobalt and 3TG, If any external business partners have difficulty in complying with our expectations, we I will try to work to solve these challenges. If compliance is not achieved, we will terminate the relationship with this external business partner.
