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Definataion and regulataion of conflit minerals
Conflict minerals regulatauins was introduced to prevent influx of capital of the main
4 minerals (tantaulum, tin, tungsten & gold) that are mined in conflict zones of
Democratic Republic of Congo and neighboring countries entering the rebel and
reduce voliance and exploitataion in conflict zones and to raise awareness
and transparency of consumer on conflict minerals.
US Securities and exchange commission (SEC) is obligated to report on tantalum,tin,
tungstenm gold widely utilized by leveraging announced in Auguest 2012 conflict
Conflict minerals regulatory measures main contents
Conflict minerals or metals that in the ore production with the company for use in manucacture and supply of the mineral requlatory measures main contents is mandated to disclose informatiaion.
It compsoed of applicability, reasonable country of origin inquiry, due diligence, reporting and auditing.
Even the minerals produced in other ares, disclusere of informataion were incldued by SEC.