Conflict Minerals
Conflict Minerals -- Dodd-Frank Act, Section 1502
Definition of Conflict Minerals
Ores mined for the production of Tantalum, Tungsten, Tin, and Gold (or 3TG as they are known) originating from the Democratic Republic of the Congo (DRC) or adjoining countries.
Regulation
On August 22, 2012, the SEC adopted the final rule implementing Section 1502 of the Dodd-Frank Act, the Conflict Minerals Rule, aimed at reducing a significant source of funding for armed groups that are committing human rights abuses and contributing to the conflict in the Democratic Republic of the Congo. Under the final rule, SEC reporting companies that manufacture or contract to manufacture products that contain conflict minerals must conduct a Reasonable Country of Origin Inquiry (RCOI) on the source and chain of custody of the applicable conflict minerals.)
Lyn-Tron’s Commitment
Although Lyn-Tron is not a publicly traded company, we are reportable to those that are. It is therefore necessary that Lyn-Tron comply with these regulations. It is the intent of this policy that Lyn-Tron, as well as its suppliers, complies with the SEC rules.
As part of conducting an RCOI, Lyn-Tron has received documentation from its suppliers of raw materials and plating finishes that the materials supplied are conflict free.
Online References
Conflict Minerals Final Rule - PDF document from the Securities and Exchange Commission
SEC News - Background information concerning the development of the Dodd-Frank Act
EICC - Conflict Minerals Reporting Template ∓ Dashboard