Extraction and trade of coltan tantalite ore (from which tantalum metal is extracted), wolframite (from which tungsten metal is extracted), tin (from which tin metal is extracted), gold, cobalt, mica, and their respective derivatives from the Democratic Republic of Congo (“DRC”) or neighboring countries (the “DRC region”) have provided funding for armed groups to further conflict, resulting in severe human rights violations and environmental degradation. Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“the Conflict Minerals Law”) requires companies to report to the U.S. Securities and Exchange Commission on their due diligence of conflict mineral sourcing from company and supply chain and disclose the status of their efforts to be “DRC conflict free.”
WUS fully supports this legislation, which aims to minimize violence and environmental destruction in the DRC region. We will comply with all applicable obligations under the Conflict Minerals Law and conduct due diligence in accordance with OECD guidelines. WUS expects all suppliers to comply with the Conflict Minerals Law and provide all necessary statements using the RMI Conflict Minerals Reporting Template. These measures will be complemented by industry initiatives such as the investigation procedure for conflict-free smelters, ensuring responsible use of tantalum, tungsten, tin, gold, cobalt, and mica in our manufactured products, which will only be sourced from independently third-party verified smelters/refiners. Any future business with suppliers found to be non-compliant with this policy will be assessed by WUS.
WUS is committed to ethical standards in its business operations and compliance with applicable laws and regulations.
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