Thursday, January 8, 2015

CONFLICT MINERALS

CONFLICT MINERALS

DEFINITION

Conflict resources are natural resources whose systematic exploitation and trade in a context of conflict contribute to, benefit from or result in the commission of serious violations of human rights, violations of international humanitarian law or violations amounting to crimes under international law.
—Global Witness, proposed Definition of conflict resources



3T/G

The most commonly mined conflict minerals are cassiterite (for tin), wolframite (for tungsten), coltan (for tantalum), and gold ore, which are extracted from the Eastern Congo, and passed through a variety of intermediaries before being purchased by multinational electronics companies. These minerals are essential in the manufacture of a variety of devices, including consumer electronics such as mobile phones, laptops, and MP3 players.
The extraction and sale of blood diamonds, also known as "conflict diamonds", is a better-known phenomenon which occurs under virtually identical conditions.

DETAIL OF CONFLICT MINERALS

The four most prominent conflict minerals, for example codified in the U.S. Conflict Minerals Law, are:
1         Columbite-tantalite (or coltan, the colloquial African term) is the metal ore from which the element tantalum is extracted. Tantalum is used primarily for the production of tantalum capacitors, particularly for applications requiring high performance, a small compact format and high reliability, ranging widely from hearing aids and pacemakers, to airbags, GPS, ignition systems and anti-lock braking systems in automobiles, through to laptop computers, mobile phones, video game consoles, video cameras and digital cameras.[In its carbide form, tantalum possesses significant hardness and wear resistance properties. As a result, it is used in jet engine/turbine blades, drill bits, end mills and other tools.
2       Cassiterite is the chief ore needed to produce tin, essential for the production of tin cans and solder on the circuit boards of electronic equipment. Tin is also commonly a component of biocides, fungicides and as tetrabutyl tin/tetraoctyl tin, an intermediate in polyvinyl chloride (PVC) and high performance paint manufacturing.
3         Wolframite is an important source of the element tungsten. Tungsten is a very dense metal and is frequently used for this property, such as in fishing weights, dart tips and golf club heads. Like tantalum carbide, tungsten carbide possesses hardness and wear resistance properties and is frequently used in applications like metalworking tools, drill bits and milling. Smaller amounts are used to substitute lead in "green ammunition".Minimal amounts are used in electronic devices, including the vibration mechanism of cell phones.
4         Gold is used in jewellery, electronics, and dental products. It is also present in some chemical compounds used in certain semiconductor manufacturing processes.

UNITED STATES LAW

In April 2009, Senator Sam Brownback (R-KS) introduced the Congo Conflict Minerals Act of 2009 (S. 819) to require electronics companies to verify and disclose their sources of cassiterite, wolframite, and tantalum. This legislation died in committee. However, Brownback added similar language as Section 1502 of the Dodd–Frank Wall Street Reform and Consumer Protection Act, which passed Congress and was signed into law by President Barack Obama on July 21, 2010.

CONTEXT OF INDIAN CONTINENT

In India there are no government obligation or guidelines has been released till, however compliance may be done based on pure self-diligence.
How Ever if you are supplying to anyone outside of India where Law is available, you may need to comply and certifications
For more detail, please drop the reply in comment Section.
Image Source- Wikipedia

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