The law is intended to support the international efforts to reduce trading in minerals sourced from conflict zones (Conflict Minerals). It primarily requires companies that buy products containing Tin, Tungsten, Tantalum or Gold (3TG) to report on the procurement source of these minerals, and this in turn effects the entire downward supply chain.
What Is the Dodd-Frank Act?
The Dodd-Frank Act originally known as Dodd-Frank Wall Street Reform and Consumer Protection Act was passed by the US Senate on May 20, 2010 and signed by President Barack Obama on July 21, 2010. This reform establishes conflict minerals reporting requirements and instructions for companies, especially in the electronic and automotive industry. Manufacturers are required to audit their supply chains and report conflict minerals usage.
Conflict minerals currently include the metals tantalum, tin, tungsten and gold, which are the extracts of the minerals cassiterite, columbite-tantalite and wolframite, respectively. Downstream companies often refer to the extracts of these minerals as 3TG.
The Conflict Minerals Reporting Template (CMRT) is a free, excel based standardized reporting template developed by the Responsible Minerals Initiative (RMI) that helps the transfer of information through the supply chain regarding mineral country of origin and the smelters and refiners.
Please download the latest version of CMRT here.
- Develop and implement a Conflict Minerals corporate level program
- Collection of CMRT from Suppliers
- Consultation and advisory services
- Supplier declaration validation and due diligence
- Compliance Reporting through CMRT template.
We support for all Conflict Mineral regulations.