What is the Conflict Minerals Report?
As required by the Dodd-Frank Wall Street Reform Act, the U.S. Securities and Exchange Commission has required publicly traded companies to disclose whether they use "conflict minerals" (tantalum, tin, gold and tungsten, or "3TG") that have originated in the Democratic Republic of the Congo or adjoining countries. If so, such public companies must issue a report identifying such products and their diligent efforts to determine the country of origin and chain of custody of the metals.
What Constitutes a "Conflict-Free" Product?
Products designated as "conflict-free" do not contain 3TG that directly or indirectly finances or benefits armed groups in the DRC or adjoining countries.
Alpha's Conflict Mineral Status
Our most recent EICC and survey for our customers is available to download below. Alpha Wire takes this issue very seriously, and we are still conducting due diligence with our suppliers on the status of their origin of their 'Conflict Minerals'. This is a very drawn out, time consuming process, but we are confident we will be able to declare that Alpha is 'Conflict Free' by the end of this year. As a corporation, we are confident our due diligence process will show that Alpha Wire does not source any raw materials that originate from the Democratic Republic of Congo.
Version 6.22 Now Available
Alpha Wire is required to flow-thru information provided to us by our sourcing partners world-wide on their CMRT submissions.
Although some smelters are not participants in the RMI initiative, or are “flagged” as operating in a conflict-afflicted or high-risk area, their use is not prohibited.
Alpha Wire does, however, continue (as part of our due diligence process), to encourage and recommend RMI participation and elimination of smelters from these regions as part of their sourcing activities.
We will continue that recommendation as we begin compiling information later this fall for our next CMRT update.