Exhibit 1.01
SMTC Corporation
Conflict Minerals Report
For The Reporting Period January 1 to December 31, 2015
This Conflict Minerals Report (“CMR”) has been prepared by SMTC Corporation (herein referred to, alternatively, as “SMTC Corporation,” “we”, “us” and “our”). This CMR for the reporting period January 1 to December 31, 2015 is presented to comply with the final conflict minerals implementing rules (“Final Rules”) promulgated by the Securities and Exchange Commission (“SEC”), as modified by SEC guidance issued on April 29, 2014 and the SEC order issued on May 2, 2014. The Final Rules were adopted by the SEC to implement reporting and disclosure requirements related to conflict minerals as directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 as codified in Section 13(p) of the Securities Exchange Act of 1934. The Final Rules impose certain reporting obligations on SEC registrants whose manufactured products contain conflict minerals that are necessary to the functionality or production of their products. “Conflict minerals” are currently defined by the SEC as cassiterite, columbite-tantalite (coltan), gold, wolframite, or their derivatives, which the SEC has currently limited to tin, tantalum, tungsten and gold.
To comply with the Final Rules, we conducted due diligence on the origin, source and chain of custody of the conflict minerals that were necessary to the functionality or production of the products that we manufactured or contracted to manufacture the “Covered Products” to ascertain whether these conflict minerals originated in the Democratic Republic of Congo or an adjoining country (collectively, “Covered Countries”) and financed or benefited armed groups (as defined in Section 1, Item 1.01(d)(2) of Form SD) in any of these countries and whether any of the conflict minerals may be from recycled or scrap sources.
Pursuant to SEC guidance issued April 29, 2014 and the SEC order issued May 2, 2014, SMTC Corporation is not required to describe any of its Covered Products as “DRC conflict free”, “DRC conflict undeterminable” or “having not been found to be ‘DRC conflict free’” (as each such term is defined in Item 1.01(d) of Form SD), and therefore makes no conclusion in this regard in this CMR. Furthermore, given that SMTC Corporation has not voluntarily elected to describe any of its Covered Products as “DRC conflict free,” an independent private sector audit of the report presented herein has not been conducted.
I. | Company Overview |
SMTC Corporation is a provider of end-to-end electronics manufacturing services (“EMS”), including product design and sustaining engineering services, printed circuit board assembly (“PCBA”), production, enclosure and precision metal fabrication, systems integration and comprehensive testing services, configuration to order (“CTO”), build to order (“BTO”) and direct order fulfillment (“DOF”). SMTC has facilities in the United States, Canada, Mexico, and China, with approximately 1,170 full-time employees. SMTC’s services extend over the entire electronic product life cycle from the new product development and new product introduction (“NPI”) through to growth, maturity and end-of-life phases. SMTC offers fully integrated contract manufacturing services to global original equipment manufacturers (“OEMs”), and technology companies primarily within the industrial, networking and communications, power and energy and medical market sectors.
II. | Product Overview |
SMTC’s electronic manufacturing services span the entire electronic product life cycle from the development and introduction of new products through the growth, maturity, and end-of-life phases. We believe that SMTC’s innovative manufacturing services have the capabilities to reduce our customers’ product costs and time-to-market to improve competitiveness. We continuously work with our customers to identify, prioritize and implement opportunities for cost reduction.
SMTC offers three vertically integrated manufacturing streams: enclosures and precision metal fabrication products; PCBA products; and larger-scale systems. For each of these streams, SMTC provides a broad range of end-to-end manufacturing services, from assembly, test, integration and box-build through to system level test, CTO, BTO and DOF. These core services are complemented with cable assembly, interconnect and value engineering services. SMTC’s three manufacturing streams are vertically integrated to better control quality, lead times and inventory risk and to avoid the “margin stacking” when these services are provided by loosely connected entities. Customers benefit from lower costs, better quality, and shorter lead times.
Our Covered Products.
We identified the following categories of Covered Products:
| ● | Enclosures and Precision Metal Fabrication Products: We provide custom build metal fabrication, assembly enclosures, cable and harness assemblies |
| ● | PCBA Products: We manufacture printed circuit board assemblies for various consumer and commercial products including audio systems, electronic payment terminals, fuel dispensers and computer and networking modules. |
| ● | Larger-Scale Systems: We manufacture subassemblies utilized in large scale systems used for the production of integrated circuits in the semiconductor industry. |
III. | Supply Chain Overview |
SMTC delivers supply chain capabilities and solutions that support the total product lifecycle. Our teams work closely with customers’ supply-base partners to integrate the entire supply chain. Our extended supply chain model recognizes the need for collaboration between OEM customers, SMTC and supply partners to ensure overall supply chain optimization, from product design processes, manufacturing, sourcing, order management and fulfillment to transportation and logistics. The end result is greater control over a complex, extended supply chain to help SMTC customers realize flexibility, cost savings, process improvements, and competitive advantages.
IV. | Conflict Minerals Analysis and Reasonable Country of Origin Inquiry |
Based upon a review of our products and our reasonable country of origin inquiry (“RCOI”), we have concluded that:
| ● | Those products identified above under the heading “Our Covered Products” contain conflict minerals that are necessary to the production or functionality of such products; and |
| ● | As of April 30, 2016 suppliers who have responded to our survey indicated a portion of the conflict minerals did originate from the Covered Countries. Please reference table below based on results of the survey received. |
Suppliers response | Tantalum | Tin | Gold | Tungsten |
Yes | 63% | 41% | 12% | 47% |
Unknown | 15% | 10% | 24% | 17% |
No | 22% | 49% | 64% | 36% |
Total | 100% | 100% | 100% | 100% |
| ● | Suppliers who have responded to our survey indicated a portions of 3TG metals coming from recycled or scrap sources were used in the production of covered products as shown in the table below. See “Product Overview” for Covered Products |
Suppliers response | Tantalum | Tin | Gold | Tungsten |
Yes | 1.4% | 2.8% | 4.3% | 1.8% |
After exercising the due diligence described below, SMTC Corporation continues to work with its suppliers to identify the country of origin of the conflict minerals and facilities used to produce the conflict minerals in the Covered Products.
We are therefore required by the Final Rules to file with the SEC a Form SD and a Conflict Minerals Report as an exhibit thereto.
V. | Design of Due Diligence Measures |
SMTC Corporation designed its due diligence with respect to the source and chain of custody of the conflict minerals contained in the Covered Products based on the five-step framework set forth in the Second Edition of the Organization for Economic Co-operation and Development’sDue Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areasand the supplements thereto (the “OECD Guidance”).
VI. | Due Diligence Measures Performed by SMTC Corporation |
SMTC Corporation performed the following due diligence measures in accordance with the OECD Guidance and the Final Rules:
OECD Guidance Step #1: Establish Strong Company Management Systems
| ● | On November 12, 2012, SMTC Corporation adopted a Conflict Minerals Policy (the “Conflict Minerals Policy”) that sets forth (i) its commitment to complying with the Final Rules, (ii) its expectations of its suppliers regarding supporting SMTC Corporation’s compliance activities, and (iii) its policies and practices with respect to the engagement of suppliers and the implementation of risk mitigation measures. The Conflict Minerals Policy can be found on our website atwww.smtc.com under the “About SMTC” heading then click on “Corporate Social Responsibility”. |
| ● | The implementation of SMTC Corporation’s RCOI and the conducting of due diligence on the source and chain of custody of SMTC Corporation’s necessary conflict minerals are managed by SMTC Corporation’s Engineering and Quality team. To the extent that concerns or other issues are identified in the supplier data acquisition or engagement processes, these issues and concerns will be addressed first by the responsible individuals within this Engineering and Quality team and reviewed by the VP, Quality and Engineering on a quarterly basis. |
| ● | The Engineering and Quality team members responsible for compliance with our Conflict Minerals Policy and Final Rules (i) have received training regarding conflict minerals compliance and (ii) are required to be familiar with SMTC Corporation’s Conflict Minerals Policy and with SMTC Corporation’s conflict minerals-related processes and procedures. |
| ● | Records of material conflict minerals-related documentation are maintained electronically by SMTC Corporation for a period of five (5) years from the date of creation. |
| ● | All of SMTC Corporation’s existing suppliers have been provided our copy of the Conflict Minerals Policy, and new suppliers will be provided a copy of the Conflict Minerals Policy as part of SMTC Corporation’s standard supplier onboarding process. Subject to each supplier’s position in our supply chain and our relative leverage with respect to such supplier, we will use commercially reasonable efforts to obtain (i) the assent of our suppliers to a policy on conflict minerals consistent with the Conflict Minerals Policy; (ii) the cooperation of such suppliers in providing the information required by the CMRT (as defined below); and (iii) the commitment of such suppliers to promptly update us regarding changes in their sourcing practices and circumstances that impact us by providing us with revised CMRTs. |
| ● | Interested parties can report improper activities in violation of the Conflict Minerals Policy or the Final Rules by reporting such activities to SMTC Conflict Minerals <conflictminerals@smtc.com>. The contact and email address for the grievance mechanism are published on SMTC Corporation’s website atwww.smtc.com. All reported activities will be reviewed by the appropriate individuals within SMTC Corporation. |
OECD Guidance Step #2: Identify and Assess Risk in the Supply Chain
| ● | SMTC Corporation requires that its suppliers provide the information required to complete, in all material respects, the Electronic Industry Citizenship Coalition (“EICC”)/Global e-Sustainability Initiative Conflict Minerals Reporting Template (the “CMRT”). The CMRT is designed to provide SMTC Corporation with sufficient information regarding its suppliers’ practices with respect to the sourcing of conflict minerals to enable it to comply with its requirements under the Final Rules. As of January 13, 2013, we started our supplier data acquisition and engagement processes by sending CMRT to our suppliers via the iPoint Conflict Minerals Platform. |
| ● | SMTC Corporation manages the collection of information that is reported on the CMRT by its suppliers using iPoint Conflict Minerals Platform. |
| ● | SMTC Corporation utilizes a series of escalating responses within the iPoint Conflict Minerals Platform to address the failure of a supplier to provide the information required by the CMRT. |
OECD Guidance Step #3: Design and Implement a Strategy to Respond to Identified Risks
| ● | SMTC Corporation determines that there is a reasonable risk that a supplier is sourcing conflict minerals that are directly or indirectly financing or benefiting armed groups as a result of either (i) the supplier data acquisition or engagement processes or (ii) the receipt of information from other sources, SMTC Corporation will apply a series of escalations. |
| ● | In order to identify and respond to identified risks, SMTC follows a framework described by IPC WP-1081 - White Paper on Conflict Minerals Due Diligence. SMTC applies this framework to supplier engagements at or above $100,000 USD per year. In broad terms a set of escalations are used to obtain the desired results. |
| ● | Such escalations may include sending escalation letters to our suppliers, suspend invoice payments and finally suspend trade. SMTC will also engage with customers to resolve a sourcing issue that involves product from suppliers required by our customer or product from SMTC Corporation’s direct suppliers, to requiring such supplier to implement a risk management plan (which plan may involve, as appropriate, remedial action up to, and including, disengagement from upstream suppliers), to disengagement by SMTC Corporation from the applicable supplier. |
OECD Guidance Step #4: Carry Out Independent Third-Party Audit of Supply Chain Due Diligence at Identified Points in the Supply Chain
The supply chain for the Covered Products is complex, and there are many third parties in the supply chain between our direct supplier and the original sources of the conflict minerals necessary to the Covered Products. In this regard, we do not purchase conflict minerals directly from mines, smelters or refiners. We must therefore rely on our suppliers to provide information regarding the origin of the conflict minerals that are included in the Covered Products. Additionally, we believe that the smelters and refiners of the conflict minerals are best situated to identify the sources of the conflict minerals and have required our suppliers to take steps to identify the applicable smelters and refiners of the conflict minerals in our supply chain. Given that we do not have a direct relationship with the smelters and refiners that process the conflict minerals that are present in our the Covered Products, we rely on the Conflict-Free Sourcing Initiative (the “CFSI”) to conduct third-party audits of smelters and refineries.
OECD Guidance Step #5: Report on Supply Chain Due Diligence
As required by the Final Rules, we have filed a Form SD and a Conflict Minerals Report as an exhibit thereto for the 2014 calendar year reporting period.
VII. | Smelters or Refineries Identified |
For year 2015 we have consolidated our reasonable country of origin inquiry to eliminate duplication in SMTC’s database which occurred for several reasons. As a result there has been a 35% decrease of supplier requests in 2015 as compared to year 2014 reporting period.
Overall there has been a 5.4% increase of supplier responses in 2015 compared to 2014 and an increase of responses by 31.7% when compared to 2013 reporting period.
As of April 30, 2016 SMTC Corporation’s reasonable country of origin inquiry, involved 1,133 suppliers contributing conflict minerals necessary to SMTC Corporation’s products, of whom 51% have returned completed CMRTs to SMTC Corporation. These suppliers identified the names of 332 recognized smelters or refineries from which they source conflict minerals. Of those smelters, 185 smelters, or approximately 55%, have been certified by the CFSI’s Conflict-Free Smelter Program (the “CFSP”). The remainder of the smelters and refineries are not, at this time, certified by the CFSP. With respect to these uncertified smelters and refineries, although we were not able to determine the mines of origin of the conflict minerals sourced from such smelters and refineries, we were able to determine their country locations for the 2015 reporting period as compared to 2014 reporting period by requesting the completed CMRT from suppliers and soliciting the country of origin utilizing the iPoint Conflict Minerals Platform (iPCMP).
SMTC Corporation utilizes iPCMP to manage suppliers templates and smelters state. The iPCMP Master Smelter List is continuously updated with the current information obtained from CFSI. When CFSI eventually validates these smelters and adds them to their system, iPCMP updates smelter status information within their master smelter list.
The following smelters and refineries were identified by SMTC Corporation’s supply chain. Smelters or refineries with the check mark with an “X” in the right hand column are listed on the CFS list according to iPCMP.
3TG Metal | Smelter Names and Refineries | Country | CFS list | |
Gold (Au) | Advanced Chemical Company | UNITED STATES |
| |
Gold (Au) | Aida Chemical Industries Co., Ltd. | JAPAN | X | |
Gold (Au) | Aktyubinsk Copper Company TOO | KAZAKHSTAN |
| |
Gold (Au) | Al Etihad Gold Refinery DMCC | UNITED ARAB EMIRATES |
| |
Gold (Au) | Allgemeine Gold-und Silberscheideanstalt A.G. | GERMANY | X | |
Gold (Au) | Almalyk Mining and Metallurgical Complex (AMMC) | UZBEKISTAN |
| |
Gold (Au) | AngloGold Ashanti Córrego do Sítio Mineração | BRAZIL | X | |
Gold (Au) | Argor-Heraeus S.A. | SWITZERLAND | X | |
Gold (Au) | Asahi Pretec Corp. | JAPAN | X | |
Gold (Au) | Asahi Refining Canada Ltd. | CANADA | X | |
Gold (Au) | Asahi Refining USA Inc. | UNITED STATES | X | |
Gold (Au) | Asaka Riken Co., Ltd. | JAPAN | X | |
Gold (Au) | Atasay Kuyumculuk Sanayi Ve Ticaret A.S. | TURKEY |
| |
Gold (Au) | Aurubis AG | GERMANY | X | |
Gold (Au) | Bangko Sentral ng Pilipinas (Central Bank of the Philippines) | PHILIPPINES | X | |
Gold (Au) | Bauer Walser AG | GERMANY |
| |
Gold (Au) | Boliden AB | SWEDEN | X | |
Gold (Au) | C. Hafner GmbH + Co. KG | GERMANY | X | |
Gold (Au) | Caridad | MEXICO |
| |
Gold (Au) | CCR Refinery - Glencore Canada Corporation | CANADA | X | |
Gold (Au) | Cendres + Métaux S.A. | SWITZERLAND |
| |
Gold (Au) | CHANGZHOU CHEMICAL RESEARCH INSTITUTE CO.,LTD | CHINA |
| |
Gold (Au) | Chimet S.p.A. | ITALY | X | |
Gold (Au) | Chugai Mining | JAPAN |
|
Gold (Au) | Daejin Indus Co., Ltd. | KOREA, REPUBLIC OF |
| |
Gold (Au) | DaeryongENC | KOREA, REPUBLIC OF |
| |
Gold (Au) | Daye Non-Ferrous Metals Mining Ltd. | CHINA |
| |
Gold (Au) | DODUCO GmbH | GERMANY | X | |
Gold (Au) | Dowa | JAPAN | X | |
Gold (Au) | DSC (Do Sung Corporation) | KOREA, REPUBLIC OF |
| |
Gold (Au) | Eco-System Recycling Co., Ltd. | JAPAN | X | |
Gold (Au) | Elemetal Refining, LLC | UNITED STATES | X | |
Gold (Au) | Emirates Gold DMCC | UNITED ARAB EMIRATES | X | |
Gold (Au) | Faggi Enrico S.p.A. | ITALY |
| |
Gold (Au) | Fidelity Printers and Refiners Ltd. | ZIMBABWE |
| |
Gold (Au) | Gansu Seemine Material Hi-Tech Co., Ltd. | CHINA |
| |
Gold (Au) | Geib Refining Corporation | UNITED STATES |
| |
Gold (Au) | Great Wall Precious Metals Co., Ltd. of CBPM | CHINA |
| |
Gold (Au) | Guangdong Jinding Gold Limited | CHINA |
| |
Gold (Au) | Guoda Safina High-Tech Environmental Refinery Co., Ltd. | CHINA |
| |
Gold (Au) | Hangzhou Fuchunjiang Smelting Co., Ltd. | CHINA |
| |
Gold (Au) | Heimerle + Meule GmbH | GERMANY | X | |
Gold (Au) | Heraeus Ltd. Hong Kong | CHINA | X | |
Gold (Au) | Heraeus Precious Metals GmbH & Co. KG | GERMANY | X | |
Gold (Au) | Hunan Chenzhou Mining Co., Ltd. | CHINA |
| |
Gold (Au) | Hwasung CJ Co., Ltd. | KOREA, REPUBLIC OF |
| |
Gold (Au) | Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd. | CHINA | X | |
Gold (Au) | Ishifuku Metal Industry Co., Ltd. | JAPAN | X | |
Gold (Au) | Istanbul Gold Refinery | TURKEY | X | |
Gold (Au) | Japan Mint | JAPAN | X | |
Gold (Au) | Jiangxi Copper Co., Ltd. | CHINA | X | |
Gold (Au) | JSC Ekaterinburg Non-Ferrous Metal Processing Plant | RUSSIAN FEDERATION | X | |
Gold (Au) | JSC Uralelectromed | RUSSIAN FEDERATION | X | |
Gold (Au) | JX Nippon Mining & Metals Co., Ltd. | JAPAN | X | |
Gold (Au) | Kaloti Precious Metals | UNITED ARAB EMIRATES |
|
Gold (Au) | Kazakhmys Smelting LLC | KAZAKHSTAN |
| |
Gold (Au) | Kazzinc | KAZAKHSTAN | X | |
Gold (Au) | Kennecott Utah Copper LLC | UNITED STATES | X | |
Gold (Au) | KGHM Polska Miedź Spółka Akcyjna | POLAND |
| |
Gold (Au) | Kojima Chemicals Co., Ltd. | JAPAN | X | |
Gold (Au) | Korea Metal Co., Ltd. | KOREA, REPUBLIC OF |
| |
Gold (Au) | Korea Zinc Co., Ltd. | KOREA, REPUBLIC OF |
| |
Gold (Au) | Kyrgyzaltyn JSC | KYRGYZSTAN |
| |
Gold (Au) | L' azurde Company For Jewelry | SAUDI ARABIA |
| |
Gold (Au) | Lingbao Gold Co., Ltd. | CHINA |
| |
Gold (Au) | Lingbao Jinyuan Tonghui Refinery Co., Ltd. | CHINA |
| |
Gold (Au) | LS-NIKKO Copper Inc. | KOREA, REPUBLIC OF | X | |
Gold (Au) | Luoyang Zijin Yinhui Gold Refinery Co., Ltd. | CHINA |
| |
Gold (Au) | Materion | UNITED STATES | X | |
Gold (Au) | Matsuda Sangyo Co., Ltd. | JAPAN | X | |
Gold (Au) | Metahub Industries Sdn. Bhd. | MALAYSIA |
| |
Gold (Au) | Metalor Technologies (Hong Kong) Ltd. | CHINA | X | |
Gold (Au) | Metalor Technologies (Singapore) Pte., Ltd. | SINGAPORE | X | |
Gold (Au) | Metalor Technologies (Suzhou) Ltd. | CHINA |
| |
Gold (Au) | Metalor Technologies S.A. | SWITZERLAND | X | |
Gold (Au) | Metalor USA Refining Corporation | UNITED STATES | X | |
Gold (Au) | Metalúrgica Met-Mex Peñoles S.A. De C.V. | MEXICO | X | |
Gold (Au) | Mitsubishi Materials Corporation | JAPAN | X | |
Gold (Au) | Mitsui Mining and Smelting Co., Ltd. | JAPAN | X | |
Gold (Au) | MMTC-PAMP India Pvt., Ltd. | INDIA | X | |
Gold (Au) | Morris and Watson | NEW ZEALAND |
| |
Gold (Au) | Moscow Special Alloys Processing Plant | RUSSIAN FEDERATION | X | |
Gold (Au) | Nadir Metal Rafineri San. Ve Tic. A.Ş. | TURKEY | X | |
Gold (Au) | Navoi Mining and Metallurgical Combinat | UZBEKISTAN |
| |
Gold (Au) | Nihon Material Co., Ltd. | JAPAN | X | |
Gold (Au) | Ögussa Österreichische Gold- und Silber-Scheideanstalt GmbH | AUSTRIA | X |
Gold (Au) | Ohura Precious Metal Industry Co., Ltd. | JAPAN | X | |
Gold (Au) | OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet) | RUSSIAN FEDERATION | X | |
Gold (Au) | OJSC Kolyma Refinery | RUSSIAN FEDERATION |
| |
Gold (Au) | OJSC Novosibirsk Refinery | RUSSIAN FEDERATION | X | |
Gold (Au) | PAMP S.A. | SWITZERLAND | X | |
Gold (Au) | Penglai Penggang Gold Industry Co., Ltd. | CHINA |
| |
Gold (Au) | Prioksky Plant of Non-Ferrous Metals | RUSSIAN FEDERATION | X | |
Gold (Au) | PT Aneka Tambang (Persero) Tbk | INDONESIA | X | |
Gold (Au) | PX Précinox S.A. | SWITZERLAND | X | |
Gold (Au) | Rand Refinery (Pty) Ltd. | SOUTH AFRICA | X | |
Gold (Au) | Remondis Argentia B.V. | NETHERLANDS |
| |
Gold (Au) | Republic Metals Corporation | UNITED STATES | X | |
Gold (Au) | Royal Canadian Mint | CANADA | X | |
Gold (Au) | SAAMP | FRANCE |
| |
Gold (Au) | Sabin Metal Corp. | UNITED STATES |
| |
Gold (Au) | Samduck Precious Metals | KOREA, REPUBLIC OF |
| |
Gold (Au) | SAMWON Metals Corp. | KOREA, REPUBLIC OF |
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Gold (Au) | SAXONIA Edelmetalle GmbH | GERMANY |
| |
Gold (Au) | Schone Edelmetaal B.V. | NETHERLANDS | X | |
Gold (Au) | SEMPSA Joyería Platería S.A. | SPAIN | X | |
Gold (Au) | Shandong Tiancheng Biological Gold Industrial Co., Ltd. | CHINA |
| |
Gold (Au) | Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | CHINA | X | |
Gold (Au) | Sichuan Tianze Precious Metals Co., Ltd. | CHINA | X | |
Gold (Au) | Singway Technology Co., Ltd. | TAIWAN | X | |
Gold (Au) | So Accurate Group, Inc. | UNITED STATES |
| |
Gold (Au) | SOE Shyolkovsky Factory of Secondary Precious Metals | RUSSIAN FEDERATION | X | |
Gold (Au) | Solar Applied Materials Technology Corp. | TAIWAN | X | |
Gold (Au) | Sudan Gold Refinery | SUDAN |
| |
Gold (Au) | Sumitomo Metal Mining Co., Ltd. | JAPAN | X | |
Gold (Au) | T.C.A S.p.A | ITALY | X | |
Gold (Au) | Tanaka Kikinzoku Kogyo K.K. | JAPAN | X |
Gold (Au) | The Refinery of Shandong Gold Mining Co., Ltd. | CHINA | X | |
Gold (Au) | Tokuriki Honten Co., Ltd. | JAPAN | X | |
Gold (Au) | Tongling Nonferrous Metals Group Co., Ltd. | CHINA |
| |
Gold (Au) | Tony Goetz NV | BELGIUM |
| |
Gold (Au) | Torecom | KOREA, REPUBLIC OF |
| |
Gold (Au) | Umicore Brasil Ltda. | BRAZIL | X | |
Gold (Au) | Umicore Precious Metals Thailand | THAILAND | X | |
Gold (Au) | Umicore S.A. Business Unit Precious Metals Refining | BELGIUM | X | |
Gold (Au) | United Precious Metal Refining, Inc. | UNITED STATES | X | |
Gold (Au) | Valcambi S.A. | SWITZERLAND | X | |
Gold (Au) | Western Australian Mint trading as The Perth Mint | AUSTRALIA | X | |
Gold (Au) | WIELAND Edelmetalle GmbH | GERMANY |
| |
Gold (Au) | Yamamoto Precious Metal Co., Ltd. | JAPAN | X | |
Gold (Au) | Yokohama Metal Co., Ltd. | JAPAN | X | |
Gold (Au) | Yunnan Copper Industry Co., Ltd. | CHINA |
| |
Gold (Au) | Zhongyuan Gold Smelter of Zhongjin Gold Corporation | CHINA | X | |
Gold (Au) | Zijin Mining Group Co., Ltd. Gold Refinery | CHINA | X | |
Tantalum (Ta) | Avon Specialty Metals Ltd | UNITED KINGDOM |
| |
Tantalum (Ta) | Changsha South Tantalum Niobium Co., Ltd. | CHINA | X | |
Tantalum (Ta) | Conghua Tantalum and Niobium Smeltry | CHINA | X | |
Tantalum (Ta) | D Block Metals, LLC | UNITED STATES | X | |
Tantalum (Ta) | Duoluoshan | CHINA | X | |
Tantalum (Ta) | E.S.R. Electronics | UNITED STATES |
| |
Tantalum (Ta) | Exotech Inc. | UNITED STATES | X | |
Tantalum (Ta) | F&X Electro-Materials Ltd. | CHINA | X | |
Tantalum (Ta) | FIR Metals & Resource Ltd. | CHINA | X | |
Tantalum (Ta) | Global Advanced Metals Aizu | JAPAN | X | |
Tantalum (Ta) | Global Advanced Metals Boyertown | UNITED STATES | X | |
Tantalum (Ta) | Guangdong Zhiyuan New Material Co., Ltd. | CHINA | X | |
Tantalum (Ta) | Guizhou Zhenhua Xinyun Technology Ltd., Kaili branch | CHINA |
| |
Tantalum (Ta) | H.C. Starck Co., Ltd. | THAILAND | X |
Tantalum (Ta) | H.C. Starck GmbH Goslar | GERMANY | X | |
Tantalum (Ta) | H.C. Starck GmbH Laufenburg | GERMANY | X | |
Tantalum (Ta) | H.C. Starck Hermsdorf GmbH | GERMANY | X | |
Tantalum (Ta) | H.C. Starck Inc. | UNITED STATES | X | |
Tantalum (Ta) | H.C. Starck Ltd. | JAPAN | X | |
Tantalum (Ta) | H.C. Starck Smelting GmbH & Co. KG | GERMANY | X | |
Tantalum (Ta) | Hengyang King Xing Lifeng New Materials Co., Ltd. | CHINA | X | |
Tantalum (Ta) | Hi-Temp Specialty Metals, Inc. | UNITED STATES | X | |
Tantalum (Ta) | Jiangxi Dinghai Tantalum & Niobium Co., Ltd. | CHINA | X | |
Tantalum (Ta) | Jiangxi Tuohong New Raw Material | CHINA | X | |
Tantalum (Ta) | JiuJiang JinXin Nonferrous Metals Co., Ltd. | CHINA | X | |
Tantalum (Ta) | Jiujiang Tanbre Co., Ltd. | CHINA | X | |
Tantalum (Ta) | Jiujiang Zhongao Tantalum & Niobium Co., Ltd. | CHINA | X | |
Tantalum (Ta) | KEMET Blue Metals | MEXICO | X | |
Tantalum (Ta) | KEMET Blue Powder | UNITED STATES | X | |
Tantalum (Ta) | King-Tan Tantalum Industry Ltd. | CHINA | X | |
Tantalum (Ta) | LSM Brasil S.A. | BRAZIL | X | |
Tantalum (Ta) | Metallurgical Products India Pvt., Ltd. | INDIA | X | |
Tantalum (Ta) | Mineração Taboca S.A. | BRAZIL | X | |
Tantalum (Ta) | Mitsui Mining & Smelting | JAPAN | X | |
Tantalum (Ta) | Molycorp Silmet A.S. | ESTONIA | X | |
Tantalum (Ta) | Ningxia Orient Tantalum Industry Co., Ltd. | CHINA | X | |
Tantalum (Ta) | Plansee SE Liezen | AUSTRIA | X | |
Tantalum (Ta) | Plansee SE Reutte | AUSTRIA | X | |
Tantalum (Ta) | QuantumClean | UNITED STATES | X | |
Tantalum (Ta) | Resind Indústria e Comércio Ltda. | BRAZIL | X | |
Tantalum (Ta) | RFH Tantalum Smeltry Co., Ltd. | CHINA | X | |
Tantalum (Ta) | Solikamsk Magnesium Works OAO | RUSSIAN FEDERATION | X | |
Tantalum (Ta) | Taki Chemicals | JAPAN | X | |
Tantalum (Ta) | Telex Metals | UNITED STATES | X | |
Tantalum (Ta) | Tranzact, Inc. | UNITED STATES | X |
Tantalum (Ta) | Ulba Metallurgical Plant JSC | KAZAKHSTAN | X | |
Tantalum (Ta) | XinXing HaoRong Electronic Material Co., Ltd. | CHINA | X | |
Tantalum (Ta) | Yichun Jin Yang Rare Metal Co., Ltd. | CHINA | X | |
Tantalum (Ta) | Zhuzhou Cemented Carbide | CHINA | X | |
Tin (Sn) | Alpha | UNITED STATES | X | |
Tin (Sn) | An Thai Minerals Co., Ltd. | VIET NAM |
| |
Tin (Sn) | An Vinh Joint Stock Mineral Processing Company | VIET NAM |
| |
Tin (Sn) | Chenzhou Yunxiang Mining and Metallurgy Co., Ltd. | CHINA |
| |
Tin (Sn) | China Min Metals | CHINA |
| |
Tin (Sn) | China Tin Group Co., Ltd. | CHINA | X | |
Tin (Sn) | CNMC (Guangxi) PGMA Co., Ltd. | CHINA |
| |
Tin (Sn) | Cooperativa Metalurgica de Rondônia Ltda. | BRAZIL | X | |
Tin (Sn) | CV Ayi Jaya | INDONESIA | X | |
Tin (Sn) | CV Dua Sekawan | INDONESIA |
| |
Tin (Sn) | CV Gita Pesona | INDONESIA | X | |
Tin (Sn) | CV Serumpun Sebalai | INDONESIA | X | |
Tin (Sn) | CV Tiga Sekawan | INDONESIA |
| |
Tin (Sn) | CV United Smelting | INDONESIA | X | |
Tin (Sn) | CV Venus Inti Perkasa | INDONESIA | X | |
Tin (Sn) | Dowa | JAPAN | X | |
Tin (Sn) | Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company | VIET NAM |
| |
Tin (Sn) | Elmet S.L.U. | SPAIN | X | |
Tin (Sn) | EM Vinto | BOLIVIA | X | |
Tin (Sn) | Estanho de Rondônia S.A. | BRAZIL |
| |
Tin (Sn) | Feinhütte Halsbrücke GmbH | GERMANY |
| |
Tin (Sn) | Fenix Metals | POLAND | X | |
Tin (Sn) | Gejiu Fengming Metallurgy Chemical Plant | CHINA |
| |
Tin (Sn) | Gejiu Kai Meng Industry and Trade LLC | CHINA |
| |
Tin (Sn) | Gejiu Non-Ferrous Metal Processing Co., Ltd. | CHINA | X | |
Tin (Sn) | Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. | CHINA |
| |
Tin (Sn) | Gejiu Zili Mining And Metallurgy Co., Ltd. | CHINA |
| |
Tin (Sn) | Guanyang Guida Nonferrous Metal Smelting Plant | CHINA |
| |
Tin (Sn) | HuiChang Hill Tin Industry Co., Ltd. | CHINA |
| |
Tin (Sn) | Huichang Jinshunda Tin Co., Ltd. | CHINA |
| |
Tin (Sn) | Jiangxi Ketai Advanced Material Co., Ltd. | CHINA | X | |
Tin (Sn) | Linwu Xianggui Ore Smelting Co., Ltd. | CHINA |
| |
Tin (Sn) | Magnu's Minerais Metais e Ligas Ltda. | BRAZIL | X | |
Tin (Sn) | Malaysia Smelting Corporation (MSC) | MALAYSIA | X | |
Tin (Sn) | Melt Metais e Ligas S.A. | BRAZIL | X | |
Tin (Sn) | Metahub Industries Sdn. Bhd. | MALAYSIA |
| |
Tin (Sn) | Metallic Resources, Inc. | UNITED STATES | X | |
Tin (Sn) | Metallo-Chimique N.V. | BELGIUM | X | |
Tin (Sn) | Mineração Taboca S.A. | BRAZIL | X | |
Tin (Sn) | Minmetals ganzhou Tin Co. Ltd. | CHINA |
| |
Tin (Sn) | Minsur | PERU | X | |
Tin (Sn) | Mitsubishi Materials Corporation | JAPAN | X |
Tin (Sn) | Nankang Nanshan Tin Manufactory Co., Ltd. | CHINA |
| |
Tin (Sn) | Nghe Tinh Non-Ferrous Metals Joint Stock Company | VIET NAM |
| |
Tin (Sn) | Novosibirsk Processing Plant Ltd. | RUSSIAN FEDERATION |
| |
Tin (Sn) | O.M. Manufacturing (Thailand) Co., Ltd. | THAILAND | X | |
Tin (Sn) | O.M. Manufacturing Philippines, Inc. | PHILIPPINES | X | |
Tin (Sn) | Operaciones Metalurgical S.A. | BOLIVIA | X | |
Tin (Sn) | Phoenix Metal Ltd. | RWANDA |
| |
Tin (Sn) | PT Alam Lestari Kencana | INDONESIA |
| |
Tin (Sn) | PT Aries Kencana Sejahtera | INDONESIA | X | |
Tin (Sn) | PT Artha Cipta Langgeng | INDONESIA | X | |
Tin (Sn) | PT ATD Makmur Mandiri Jaya | INDONESIA | X | |
Tin (Sn) | PT Babel Inti Perkasa | INDONESIA | X | |
Tin (Sn) | PT Bangka Kudai Tin | INDONESIA |
| |
Tin (Sn) | PT Bangka Prima Tin | INDONESIA | X | |
Tin (Sn) | PT Bangka Putra Karya | INDONESIA |
| |
Tin (Sn) | PT Bangka Timah Utama Sejahtera | INDONESIA |
| |
Tin (Sn) | PT Bangka Tin Industry | INDONESIA | X | |
Tin (Sn) | PT Belitung Industri Sejahtera | INDONESIA | X | |
Tin (Sn) | PT BilliTin Makmur Lestari | INDONESIA | X | |
Tin (Sn) | PT Bukit Timah | INDONESIA | X | |
Tin (Sn) | PT Cipta Persada Mulia | INDONESIA | X | |
Tin (Sn) | PT DS Jaya Abadi | INDONESIA | X | |
Tin (Sn) | PT Eunindo Usaha Mandiri | INDONESIA | X | |
Tin (Sn) | PT Fang Di MulTindo | INDONESIA |
| |
Tin (Sn) | PT Inti Stania Prima | INDONESIA | X | |
Tin (Sn) | PT Justindo | INDONESIA | X | |
Tin (Sn) | PT Karimun Mining | INDONESIA |
| |
Tin (Sn) | PT Kijang Jaya Mandiri | INDONESIA |
| |
Tin (Sn) | PT KOBA TIN | INDONESIA |
| |
Tin (Sn) | PT Mitra Stania Prima | INDONESIA | X | |
Tin (Sn) | PT Panca Mega Persada | INDONESIA | X | |
Tin (Sn) | PT Pelat Timah Nusantara Tbk | INDONESIA |
| |
Tin (Sn) | PT Prima Timah Utama | INDONESIA | X | |
Tin (Sn) | PT Refined Bangka Tin | INDONESIA | X | |
Tin (Sn) | PT Sariwiguna Binasentosa | INDONESIA | X | |
Tin (Sn) | PT Seirama Tin Investment | INDONESIA |
| |
Tin (Sn) | PT Stanindo Inti Perkasa | INDONESIA | X | |
Tin (Sn) | PT Sukses Inti Makmur | INDONESIA | X | |
Tin (Sn) | PT Sumber Jaya Indah | INDONESIA | X | |
Tin (Sn) | PT Supra Sukses Trinusa | INDONESIA |
| |
Tin (Sn) | PT Timah (Persero) Tbk Kundur | INDONESIA | X | |
Tin (Sn) | PT Timah (Persero) Tbk Mentok | INDONESIA | X | |
Tin (Sn) | PT Tinindo Inter Nusa | INDONESIA | X | |
Tin (Sn) | PT Tirus Putra Mandiri | INDONESIA |
| |
Tin (Sn) | PT Tommy Utama | INDONESIA | X | |
Tin (Sn) | PT Wahana Perkit Jaya | INDONESIA | X | |
Tin (Sn) | PTKoba Tin | INDONESIA |
| |
Tin (Sn) | Resind Indústria e Comércio Ltda. | BRAZIL | X | |
Tin (Sn) | Rui Da Hung | TAIWAN | X | |
Tin (Sn) | Soft Metais Ltda. | BRAZIL | X |
Tin (Sn) | Thaisarco | THAILAND | X | |
Tin (Sn) | Tuyen Quang Non-Ferrous Metals Joint Stock Company | VIET NAM |
| |
Tin (Sn) | VQB Mineral and Trading Group JSC | VIET NAM | X | |
Tin (Sn) | White Solder Metalurgia e Mineração Ltda. | BRAZIL | X | |
Tin (Sn) | Yunnan Chengfeng Non-ferrous Metals Co., Ltd. | CHINA |
| |
Tin (Sn) | Yunnan Tin Company Limited | CHINA | X | |
Tungsten (W) | A.L.M.T. TUNGSTEN Corp. | JAPAN |
| |
Tungsten (W) | ACL Metais Eireli | BRAZIL |
| |
Tungsten (W) | Asia Tungsten Products Vietnam Ltd. | VIET NAM |
| |
Tungsten (W) | Chenzhou Diamond Tungsten Products Co., Ltd. | CHINA |
| |
Tungsten (W) | Chongyi Zhangyuan Tungsten Co., Ltd. | CHINA |
| |
Tungsten (W) | Dayu Jincheng Tungsten Industry Co., Ltd. | CHINA |
| |
Tungsten (W) | Dayu Weiliang Tungsten Co., Ltd. | CHINA |
| |
Tungsten (W) | Fujian Jinxin Tungsten Co., Ltd. | CHINA |
| |
Tungsten (W) | Ganxian Shirui New Material Co., Ltd. | CHINA |
| |
Tungsten (W) | Ganzhou Huaxing Tungsten Products Co., Ltd. | CHINA |
| |
Tungsten (W) | Ganzhou Jiangwu Ferrotungsten Co., Ltd. | CHINA |
| |
Tungsten (W) | Ganzhou Non-ferrous Metals Smelting Co., Ltd. | CHINA |
| |
Tungsten (W) | Ganzhou Seadragon W & Mo Co., Ltd. | CHINA |
| |
Tungsten (W) | Ganzhou Yatai Tungsten Co., Ltd. | CHINA |
| |
Tungsten (W) | Global Tungsten & Powders Corp. | UNITED STATES |
| |
Tungsten (W) | Guangdong Xianglu Tungsten Co., Ltd. | CHINA |
| |
Tungsten (W) | H.C. Starck GmbH | GERMANY |
| |
Tungsten (W) | H.C. Starck Smelting GmbH & Co.KG | GERMANY |
| |
Tungsten (W) | Hunan Chenzhou Mining Co., Ltd. | CHINA |
| |
Tungsten (W) | Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji | CHINA |
| |
Tungsten (W) | Hunan Chuangda Vanadium Tungsten Co., Ltd. Yanglin | CHINA |
| |
Tungsten (W) | Hunan Chunchang Nonferrous Metals Co., Ltd. | CHINA |
| |
Tungsten (W) | Hydrometallurg, JSC | RUSSIAN FEDERATION |
| |
Tungsten (W) | Japan New Metals Co., Ltd. | JAPAN |
| |
Tungsten (W) | Jiangwu H.C. Starck Tungsten Products Co., Ltd. | CHINA |
| |
Tungsten (W) | Jiangxi Dayu Longxintai Tungsten Co., Ltd. | CHINA |
| |
Tungsten (W) | Jiangxi Gan Bei Tungsten Co., Ltd. | CHINA |
|
Tungsten (W) | Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd. | CHINA |
| |
Tungsten (W) | Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. | CHINA |
| |
Tungsten (W) | Jiangxi Xinsheng Tungsten Industry Co., Ltd. | CHINA |
| |
Tungsten (W) | Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd. | CHINA |
| |
Tungsten (W) | Jiangxi Yaosheng Tungsten Co., Ltd. | CHINA |
| |
Tungsten (W) | Kennametal Fallon | UNITED STATES |
| |
Tungsten (W) | Kennametal Huntsville | UNITED STATES |
| |
Tungsten (W) | Malipo Haiyu Tungsten Co., Ltd. | CHINA |
| |
Tungsten (W) | Moliren Ltd | RUSSIAN FEDERATION |
| |
Tungsten (W) | Niagara Refining LLC | UNITED STATES |
| |
Tungsten (W) | Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC | VIET NAM |
| |
Tungsten (W) | Philippine Chuangin Industrial Co., Inc. | PHILIPPINES |
| |
Tungsten (W) | Pobedit, JSC | RUSSIAN FEDERATION |
| |
Tungsten (W) | Sanher Tungsten Vietnam Co., Ltd. | VIET NAM |
| |
Tungsten (W) | South-East Nonferrous Metal Company Limited of Hengyang City | CHINA |
| |
Tungsten (W) | Tejing (Vietnam) Tungsten Co., Ltd. | VIET NAM |
| |
Tungsten (W) | Vietnam Youngsun Tungsten Industry Co., Ltd. | VIET NAM |
| |
Tungsten (W) | Wolfram Bergbau und Hütten AG | AUSTRIA |
| |
Tungsten (W) | Wolfram Company CJSC | RUSSIAN FEDERATION |
| |
Tungsten (W) | Woltech Korea Co., Ltd. | KOREA, REPUBLIC OF |
| |
Tungsten (W) | Xiamen Tungsten (H.C.) Co., Ltd. | CHINA |
| |
Tungsten (W) | Xiamen Tungsten Co., Ltd. | CHINA |
| |
Tungsten (W) | Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd. | CHINA |
| |
Tungsten (W) | Xinhai Rendan Shaoguan Tungsten Co., Ltd. | CHINA |
|
VIII. | Steps to Mitigate Risk |
SMTC Corporation intends to take the following steps to mitigate the risk that its necessary conflict minerals directly or indirectly finance or benefit armed groups:
| ● | Continue to engage with suppliers to increase the number of returned CMRTs to decrease the number of incidents where no response is given in a CMRT, to obtain other information required to complete, in all material respects, the CMRT; |
| ● | Encourage the development of supplier capabilities to perform conflict-minerals related due diligence by the implementation of risk mitigation measures, as appropriate; and |
| ● | Provide ongoing training to applicable SMTC Corporation personnel regarding emerging best practices and other relevant topics for conflict minerals compliance. |
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