BACK TO CONTENTS


CONFLICT MINERALS


FOCUS 22


Beyond the US


The Dodd-Frank Act is by no means the only initiative that will lead to greater transparency throughout the supply chain. In March, the European Commission launched a public consultation that explores the possibility of an EU-wide law to encourage responsible sourcing of minerals from confl ict-affected and high-risk areas, which would not be limited to the DRC and adjoining countries.


Regulatory requirements around the supply chain look set to increase, which makes the importance of developing a repeatable process – one that can be used to meet a variety of regulatory reporting requirements – all the more critical. Any company that supplies an SEC registrant is already affected, irrespective of where they are based, and the indications are that confl ict mineral reporting will extend beyond the US in the future. No one can afford to sit back and watch.


Table 1. 3TG Metals METAL


Tin


MOST COMMONLY USED IN...


Electronics, automotive, industrial equipment, construction


Tantalum


Electronics, industrial tools and equipment, aerospace


Tungsten Gold


Electronics, lighting, industrial machinery


Electronics aerospace


COMMON APPLICATIONS


Solders for joining pipes and circuits, tin-plating of steel, alloys (bronze, brass and pewter)


Capacitors, carbide tools, jet engine components


Metal wires and electrodes, heating and welding applications


Electronic plating and IC wiring


To fi nd out more, please contact:


Nicola Cobb Confl ict Minerals T: +44 (0)207 311 3792 E: nicola.cobb@kpmg.co.uk


ANY COMPANY THAT SUPPLIES AN SEC REGISTRANT IS ALREADY AFFECTED, IRRESPECTIVE OF WHERE THEY ARE BASED AND THE INDICATIONS ARE THAT CONFLICT MINERAL REPORTING WILL EXTEND BEYOND THE US IN THE FUTURE.


© 2013 KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and a member fi rm of the KPMG network of independent member fi rms affi liated with KPMG International Cooperative, a Swiss entity. All rights reserved.


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35