Get Oh Precious Metals Llc Proposed Reg On Conflict Minerals Disclosure 2011-2025

Conflict minerals disclosures on Forms SD are required to be filed with the Securities and Exchange Commission (SEC) no later than May 31, 2022.

The final rules consider conflict minerals to be “outside the supply chain” in the following circumstances: (1) after any cassiterite, columbite-tantalite, and wolframite minerals have been smelted; (2) after gold has been fully refined; or (3) after any conflict mineral, or its derivatives, that have not been fully ...

Section 1502 of U.S. Dodd Frank Act requires U.S. listed companies to disclose whether they use “conflict minerals” (tin, tungsten, tantalum and gold) and whether these minerals originate in the Democratic Republic of the Congo (DRC) or an adjoining country.

In 2010, Congress passed the Dodd-Frank Act, which directs the Commission to issue rules requiring certain companies to disclose their use of conflict minerals if those minerals are “necessary to the functionality or production of a product” manufactured by those companies.

Dodd-Frank Act Section 1502 on Conflict Minerals If a product falls under the scope of Dodd-Frank Section 1502, public companies are required to trace the 3TG minerals back to the smelter of origin via a Reasonable Country of Origin Inquiry (RCOI).

The “conflict minerals” provision—commonly known as Section 1502 of the Dodd Frank Act—requires U.S. publicly-listed companies to check their supply chains for tin, tungsten, tantalum and gold, if they might originate in Congo or its neighbours, take steps to address any risks they find, and to report on their efforts ...