Exhibit 1.01
CONFLICT MINERALS REPORT OF
OUSTER, INC.
FOR THE REPORTING PERIOD FROM
JANUARY 1 TO DECEMBER 31, 2023
I. | Introduction |
This is the Conflict Minerals1 Report of Ouster, Inc. (“we,” “our,” “us,” “Ouster,” or the “Company”) prepared for calendar year 2023 in accordance with Rule 13p-1 (“Rule 13p-1”) under the Securities Exchange Act of 1934 (the “Act”). Numerous terms in this Report are defined in Rule 13p-1 of the Act and SEC Release No. 34-67716 (August 22, 2012) under the Act (the “Adopting Release”). The reader is referred to these sources for the definitions of defined terms contained herein.
In accordance with Rule 13p-1, we undertook efforts to determine the presence and source of the conflict minerals within our products. The Company designed its efforts in conformity with the internationally recognized due diligence framework set forth in the Organisation for Economic Co-operation and Development (“OECD”) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas2 (“OECD Due Diligence Guidance”) and related Supplements.
The statements below are based on the activities performed to date in good faith by the Company and are based on the infrastructure and information available at the time of this filing. Factors that could affect the accuracy of these statements include, but are not limited to, incomplete supplier data or available smelter data, errors or omissions by suppliers or smelters, evolving identification of smelters, incomplete information from industry or other third-party sources, continuing guidance from the Securities and Exchange Commission (“SEC”), and other issues.
II. | Overview |
Company Profile
Ouster is building the eyes of autonomy. We are a leading global provider of lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries. The Company’s products include high-resolution scanning and solid-state digital lidar sensors, analog lidar sensors, and software solutions that are coupled with hardware products. We anticipate that 3D vision technologies, coupled with artificial intelligence, will power new autonomous technologies that in turn will fundamentally disrupt business models across many existing industries and also enable entirely new industries and capabilities. We believe that our digital lidar sensors are one of the highest performing, lowest cost solutions available today, which we believe positions us at the center of a global revolution in autonomy.
1 | The term “conflict mineral” is defined in Section 1502(e)(4) of the Dodd-Frank Wall Street Reform and Consumer Protection Act as (A) columbite-tantalite, also known as coltan (the metal ore from which tantalum is extracted); cassiterite (the metal ore from which tin is extracted); gold; wolframite (the metal ore from which tungsten is extracted); or their derivatives; or (B) any other mineral or its derivatives determined by the Secretary of State to be financing conflict in the Democratic Republic of the Congo (“DRC”) or an adjoining country. |
2 | OECD (2016), OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas: Third Edition, OECD Publishing, Paris. http://dx.doi.org/10.1787/9789264252479-en |
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The Company evaluated its current product lines and determined that during 2023, conflict minerals were likely necessary to the functionality or production of products it manufactured or contracted to manufacture. The Company, as a purchaser of component parts, is many steps removed from the mining of conflict minerals. The Company does not purchase raw ore or unrefined conflict minerals and it conducts no purchasing activities directly in the DRC or adjoining countries.
Conflict Minerals Policy
The Company developed a policy statement to support the goals expressed by Congress in enacting Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The policy highlights the Company’s commitment to complying with the reporting and due diligence obligations required by the SEC rules and the Company’s expectations from its suppliers. The policy resides on our corporate website at https://investors.ouster.com/governance/governance-documents/default.aspx.
Reasonable Country of Origin Inquiry Information
We have conducted a good faith reasonable country of origin inquiry (“RCOI”) to determine whether the necessary conflict minerals originated in the DRC or an adjoining country or came from recycled or scrap sources.
The Company’s RCOI process included reviewing the products manufactured or contracted to be manufactured during the Reporting Period to identify products that should be deemed in-scope as described by the Adopting Release and conducting an inquiry of our direct suppliers of the in-scope products using the Responsible Minerals Initiative’s (“RMI”) Conflict Minerals Reporting Template (“CMRT”). Based on the results of our RCOI which indicated sourcing from the DRC or an adjoining country, we exercised due diligence on the source and chain of custody of the conflict minerals in accordance with the OECD Due Diligence Guidance. Our due diligence efforts are discussed further in this Conflict Minerals Report.
Due Diligence Program Design
The Company designed its conflict minerals program to conform, in all material respects, with the five-step framework of the OECD Due Diligence Guidance, the Supplement on Tin, Tantalum, and Tungsten, and the Supplement on Gold, specifically as they relate to our position in the minerals supply chain as a “downstream” company:
Step 1: Establish strong company management systems
Step 2: Identify and assess risks in the supply chain
Step 3: Design and implement a strategy to respond to identified risks
Step 4: Carry out an independent third-party audit of smelter/refiner’s due diligence practices
Step 5: Report annually on supply chain due diligence
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III. | Due Diligence Measures Performed by The Company |
The following describes the measures taken to reasonably determine the country of origin and to exercise due diligence in the mineral supply chain in conformance with the OECD Due Diligence Guidance.
Step 1: Establish strong company management systems
a. | Conflict minerals team – The Company established a conflict minerals team that includes individuals from the relevant business units and departments including legal and finance. The team was structured to include the involvement from those in upper management roles, including but not limited to the Controller, Chief Financial Officer, and the General Counsel to help ensure that critical information, including the Company’s conflict minerals policy, reached relevant employees and suppliers. |
b. | Conflict minerals policy – The Company adopted and published a policy establishing the expectations of our suppliers. The policy resides on our corporate website at https://investors.ouster.com/governance/governance-documents/default.aspx. |
c. | Company level grievance mechanism – As recommended by the OECD Due Diligence Guidance, the Company has a grievance mechanism in place as a risk-awareness system for conflict minerals issues. Stakeholders, internal and external, can communicate directly and confidentially with our compliance officer. |
d. | Records management – The Company will maintain records relating to our conflict minerals program in accordance with the recommended record retention guidelines of five years. |
Step 2: Identify and assess risks in the supply chain
We performed the following steps as part of our risk assessment process:
a. | Identified products in scope – Our conflict minerals team conducted a detailed review of the products manufactured or contracted to be manufactured during the Reporting Period to identify products that should be deemed in-scope as described by the Adopting Release. |
b. | Conducted RCOI – The Company utilized the most recent version of the industry-developed CMRT to query our suppliers for conflict minerals information. We requested this information from the Tier 1 suppliers who provide materials and components for the products deemed in-scope by our conflict minerals team. We evaluated the responses from the templates submitted by our suppliers to determine our reporting obligation based on this RCOI. See Appendix I for a list of countries of origin identified through the RCOI process. |
c. | Completed additional follow-up – The Company contacted direct suppliers multiple times to request detailed conflict minerals information. We also worked to clarify and validate the accuracy of information provided by our suppliers in order to assess and verify that we are receiving conflict minerals information specific to our supply-chain. |
d. | Identified smelters or refiners (“SORs”) – The Company compiled a list of SORs in our supply chain using our suppliers’ responses in their CMRTs. The Company reconciled this list to the list of smelter facilities designated by the RMI’s Responsible Minerals Assurance Process (“RMAP”). The RMAP completes independent, third-party audits of smelters and refiners to determine which can be validated |
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as having systems in place that help ensure the minerals are responsibly sourced according to the OECD Due Diligence Guidance. The Company also utilized information provided by the London Bullion Market Association (LBMA), and Responsible Jewelry Council (RJC) cross-recognition audit programs. The Company also accessed a database of smelter aliases to reconcile suppliers’ smelters lists to the list of RMI SORs. We have provided that list in this report within section IV – Product Description; Processing Facilities. |
Step 3: Design and implement a strategy to respond to identified risks
We performed the following steps as part of our risk management plan:
a. | Designed and implemented a plan – Our team reviews the responses to verify the validity of SORs reported by our suppliers, the audit status of such SORs and the country of origin of the minerals processed at such facilities. |
b. | Provided conflict minerals policy to suppliers – After working with a supplier to obtain a CMRT, we provide them with a copy of our conflict minerals policy for their records to ensure our suppliers continue to operate in line with our expectations. |
c. | Provided the Company’s Supplier Quality Assurance Manual (the “Manual”) to suppliers and required them to acknowledge receipt of the same. The Manual, among other things, requires our suppliers to collaborate with the Company in developing a chain of custody for the Conflict Minerals in the supply chain and identifying and sourcing conflict-free sources for the minerals used in our products. |
d. | Identified SORs – As part of the risk mitigation process, the Company reconciled the list of SORs collected from suppliers to the list of smelter facilities validated by the RMI. The Company has access to a database of smelter aliases to reconcile suppliers’ smelters lists to the list of RMI SORs. |
Step 4: Carry out independent third-party audit of smelter/refiner’s due diligence practices
The Company is using information provided by independent third-party audit programs, including the RMI RMAP, LBMA, and RJC, to confirm the existence and verify the OECD-conformance status of SORs identified during our due diligence.
Step 5: Report annually on supply chain due diligence
Accordingly, this Conflict Minerals Report has been filed with the SEC and is available on our website at https://investors.ouster.com/financials/sec-filings/default.aspx.
IV. | Product Description; Processing Facilities |
The Company’s hardware product offering currently includes four models of sensors in our OS product line: the hemispheric field of view OSDome, the ultra-wide field of view OS0, the mid-range OS1, and the long-range OS2. Within our OS sensor models, we offer numerous customization options, all enabled by embedded software. For each of our three models in the OS product line, we offer resolution options of 128 lines vertically (“channels”), 64 channels, or 32 channels, as well as many beam spacing options. We also provide perception software platforms that are coupled with hardware products.
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On February 10, 2023, we completed our merger of equals with Velodyne Lidar, Inc., (“Velodyne”) pursuant to the terms of the Agreement and Plan of Merger with Velodyne (the “Velodyne Merger”).
Our product offerings acquired through the Velodyne Merger include three models of sensors. The Alpha Prime (VLS-128) is a lidar sensor designed for autonomous driving and advanced vehicle safety. The Puck (VLP-16) is designed for mass production and affordability, making it suitable for low-speed autonomy and driver assistance. The Puck Hi-Res (VLP-16 Hi-Res) is an enhanced version of the original Puck, designed for applications requiring high image resolution.
Processing Facilities – Based on our due diligence process and the information received from our suppliers, the following facilities were identified by the Company’s suppliers as the smelters and refiners of the tin, tantalum, tungsten and/or gold present in and necessary to the functionality of products manufactured by the Company in the calendar year ended December 31, 2023. The information from our suppliers is still evolving and some contain company-level declarations (i.e., declarations not specific to the Company’s supply chain). As such, this smelter list is presented in good faith as the best information we have to date. For 2023, we identified 307 SORs in our supply chain, 195 have been audited as conformant with the RMAP. As noted above, some of the Company’s suppliers responded to our diligence requests by providing information relating to all of the items such suppliers produce without identifying smelters specific to the goods in the Company’s supply chain. Accordingly, because of this generic information and suppliers’ practice of over-reporting CMRT information, the Company was unable to confirm after diligence whether non-compliant smelters are not part of our supply chain. We will continue our diligence efforts by further engaging with our suppliers to improve transparency and confirm their compliance with our conflicts mineral policy and applicable law. We will update the list as our information and the relevant third-party data from RMI, LBMA, and RJC improves.
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Metal | Smelter Name | Country | Smelter ID | |||
Gold | 8853 S.p.A. | ITALY | CID002763 | |||
Gold | ABC Refinery Pty Ltd. | AUSTRALIA | CID002920 | |||
Gold | Abington Reldan Metals, LLC | UNITED STATES OF AMERICA | CID002708 | |||
Gold | Advanced Chemical Company | UNITED STATES OF AMERICA | CID000015 | |||
Gold | African Gold Refinery | UGANDA | CID003185 |
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Gold | Agosi AG | GERMANY | CID000035 | |||
Gold | Western Australian Mint (T/a The Perth Mint) | AUSTRALIA | CID002030 | |||
Gold | Aida Chemical Industries Co., Ltd. | JAPAN | CID000019 | |||
Gold | Dowa | JAPAN | CID000401 | |||
Gold | Al Etihad Gold Refinery DMCC | UNITED ARAB EMIRATES | CID002560 | |||
Gold | Albino Mountinho Lda. | PORTUGAL | CID002760 | |||
Gold | Alexy Metals | UNITED STATES OF AMERICA | CID003500 | |||
Gold | Almalyk Mining and Metallurgical Complex (AMMC) | UZBEKISTAN | CID000041 | |||
Gold | Asahi Pretec Corp. | JAPAN | CID000082 | |||
Gold | AngloGold Ashanti Corrego do Sitio Mineracao | BRAZIL | CID000058 | |||
Gold | Tongling Nonferrous Metals Group Co., Ltd. | CHINA | CID001947 | |||
Gold | Argor-Heraeus S.A. | SWITZERLAND | CID000077 | |||
Gold | Asahi Refining Canada Ltd. | CANADA | CID000924 | |||
Gold | Asahi Refining USA Inc. | UNITED STATES OF AMERICA | CID000920 | |||
Gold | Asaka Riken Co., Ltd. | JAPAN | CID000090 | |||
Gold | Atasay Kuyumculuk Sanayi Ve Ticaret A.S. | TURKEY | CID000103 | |||
Gold | AU Traders and Refiners | SOUTH AFRICA | CID002850 | |||
Gold | Augmont Enterprises Private Limited | INDIA | CID003461 | |||
Gold | Aurubis AG | GERMANY | CID000113 | |||
Gold | Bangalore Refinery | INDIA | CID002863 | |||
Gold | Bangko Sentral ng Pilipinas (Central Bank of the Philippines) | PHILIPPINES | CID000128 | |||
Gold | Boliden Ronnskar | SWEDEN | CID000157 | |||
Gold | C. Hafner GmbH + Co. KG | GERMANY | CID000176 | |||
Gold | Caridad | MEXICO | CID000180 | |||
Gold | CCR Refinery - Glencore Canada Corporation | CANADA | CID000185 | |||
Gold | Cendres + Metaux S.A. | SWITZERLAND | CID000189 | |||
Gold | CGR Metalloys Pvt Ltd. | INDIA | CID003382 | |||
Gold | Yunnan Copper Industry Co., Ltd. | CHINA | CID000197 | |||
Gold | Chimet S.p.A. | ITALY | CID000233 | |||
Gold | Zhongyuan Gold Smelter of Zhongjin Gold Corporation | CHINA | CID002224 | |||
Gold | Shandong Gold Smelting Co., Ltd. | CHINA | CID001916 | |||
Gold | Chugai Mining | JAPAN | CID000264 | |||
Gold | Coimpa Industrial LTDA | BRAZIL | CID004010 | |||
Gold | Daye Non-Ferrous Metals Mining Ltd. | CHINA | CID000343 | |||
Gold | Degussa Sonne / Mond Goldhandel GmbH | GERMANY | CID002867 | |||
Gold | Dijllah Gold Refinery FZC | UNITED ARAB EMIRATES | CID003348 | |||
Gold | DSC (Do Sung Corporation) | KOREA, REPUBLIC OF | CID000359 | |||
Gold | Dongwu Gold Group | CHINA | CID003663 |
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Gold | Eco-System Recycling Co., Ltd. East Plant | JAPAN | CID000425 | |||
Gold | Eco-System Recycling Co., Ltd. North Plant | JAPAN | CID003424 | |||
Gold | Eco-System Recycling Co., Ltd. West Plant | JAPAN | CID003425 | |||
Gold | JSC Ekaterinburg Non-Ferrous Metal Processing Plant | RUSSIAN FEDERATION | CID000927 | |||
Gold | Emerald Jewel Industry India Limited (Unit 1) | INDIA | CID003487 | |||
Gold | Emerald Jewel Industry India Limited (Unit 2) | INDIA | CID003488 | |||
Gold | Emerald Jewel Industry India Limited (Unit 3) | INDIA | CID003489 | |||
Gold | Emerald Jewel Industry India Limited (Unit 4) | INDIA | CID003490 | |||
Gold | Emirates Gold DMCC | UNITED ARAB EMIRATES | CID002561 | |||
Gold | Moscow Special Alloys Processing Plant | RUSSIAN FEDERATION | CID001204 | |||
Gold | Fidelity Printers and Refiners Ltd. | ZIMBABWE | CID002515 | |||
Gold | JSC Novosibirsk Refinery | RUSSIAN FEDERATION | CID000493 | |||
Gold | Fujairah Gold FZC | UNITED ARAB EMIRATES | CID002584 | |||
Gold | Gold Refinery of Zijin Mining Group Co., Ltd. | CHINA | CID002243 | |||
Gold | GG Refinery Ltd. | TANZANIA | CID004506 | |||
Gold | Great Wall Precious Metals Co., Ltd. of CBPM | CHINA | CID001909 | |||
Gold | Guangdong Jinding Gold Limited | CHINA | CID002312 | |||
Gold | Guoda Safina High-Tech Environmental Refinery Co., Ltd. | CHINA | CID000651 | |||
Gold | Hangzhou Fuchunjiang Smelting Co., Ltd. | CHINA | CID000671 | |||
Gold | LT Metal Ltd. | KOREA, REPUBLIC OF | CID000689 | |||
Gold | Heimerle + Meule GmbH | GERMANY | CID000694 | |||
Gold | Heraeus Germany GmbH Co. KG | GERMANY | CID000711 | |||
Gold | Heraeus Metals Hong Kong Ltd. | CHINA | CID000707 | |||
Gold | Hunan Chenzhou Mining Co., Ltd. | CHINA | CID000767 | |||
Gold | Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd. | CHINA | CID000773 | |||
Gold | HwaSeong CJ CO., LTD. | KOREA, REPUBLIC OF | CID000778 | |||
Gold | Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd. | CHINA | CID000801 | |||
Gold | International Precious Metal Refiners | UNITED ARAB EMIRATES | CID002562 | |||
Gold | Ishifuku Metal Industry Co., Ltd. | JAPAN | CID000807 | |||
Gold | Istanbul Gold Refinery | TURKEY | CID000814 | |||
Gold | Italpreziosi | ITALY | CID002765 | |||
Gold | JALAN & Company | INDIA | CID002893 | |||
Gold | Japan Mint | JAPAN | CID000823 | |||
Gold | Jiangxi Copper Co., Ltd. | CHINA | CID000855 | |||
Gold | JSC Uralelectromed | RUSSIAN FEDERATION | CID000929 | |||
Gold | JX Nippon Mining & Metals Co., Ltd. | JAPAN | CID000937 | |||
Gold | K.A. Rasmussen | NORWAY | CID003497 | |||
Gold | Kaloti Precious Metals | UNITED ARAB EMIRATES | CID002563 | |||
Gold | Kazakhmys Smelting LLC | KAZAKHSTAN | CID000956 |
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Gold | Kazzinc | KAZAKHSTAN | CID000957 | |||
Gold | Kennecott Utah Copper LLC | UNITED STATES OF AMERICA | CID000969 | |||
Gold | KGHM Polska Miedz Spolka Akcyjna | POLAND | CID002511 | |||
Gold | Yamakin Co., Ltd. | JAPAN | CID002100 | |||
Gold | Kojima Chemicals Co., Ltd. | JAPAN | CID000981 | |||
Gold | Korea Zinc Co., Ltd. | KOREA, REPUBLIC OF | CID002605 | |||
Gold | Kundan Care Products Ltd. | INDIA | CID003463 | |||
Gold | Kyrgyzaltyn JSC | KYRGYZSTAN | CID001029 | |||
Gold | Kyshtym Copper-Electrolytic Plant ZAO | RUSSIAN FEDERATION | CID002865 | |||
Gold | L’azurde Company For Jewelry | SAUDI ARABIA | CID001032 | |||
Gold | Lingbao Gold Co., Ltd. | CHINA | CID001056 | |||
Gold | Lingbao Jinyuan Tonghui Refinery Co., Ltd. | CHINA | CID001058 | |||
Gold | L’Orfebre S.A. | ANDORRA | CID002762 | |||
Gold | LS MnM Inc. | KOREA, REPUBLIC OF | CID001078 | |||
Gold | Luoyang Zijin Yinhui Gold Refinery Co., Ltd. | CHINA | CID001093 | |||
Gold | Marsam Metals | BRAZIL | CID002606 | |||
Gold | Materion | UNITED STATES OF AMERICA | CID001113 | |||
Gold | Matsuda Sangyo Co., Ltd. | JAPAN | CID001119 | |||
Gold | MD Overseas | INDIA | CID003548 | |||
Gold | Sumitomo Metal Mining Co., Ltd. | JAPAN | CID001798 | |||
Gold | Metal Concentrators SA (Pty) Ltd. | SOUTH AFRICA | CID003575 | |||
Gold | Metalurgica Met-Mex Penoles S.A. De C.V. | MEXICO | CID001161 | |||
Gold | Metallix Refining Inc. | UNITED STATES OF AMERICA | CID003557 | |||
Gold | Umicore S.A. Business Unit Precious Metals Refining | BELGIUM | CID001980 | |||
Gold | Metalor Technologies S.A. | SWITZERLAND | CID001153 | |||
Gold | Metalor Technologies (Hong Kong) Ltd. | CHINA | CID001149 | |||
Gold | Metalor Technologies (Singapore) Pte., Ltd. | SINGAPORE | CID001152 | |||
Gold | Metalor Technologies (Suzhou) Ltd. | CHINA | CID001147 | |||
Gold | Metalor USA Refining Corporation | UNITED STATES OF AMERICA | CID001157 | |||
Gold | Mitsubishi Materials Corporation | JAPAN | CID001188 | |||
Gold | Mitsui Mining and Smelting Co., Ltd. | JAPAN | CID001193 | |||
Gold | MKS PAMP SA | SWITZERLAND | CID001352 | |||
Gold | MMTC-PAMP India Pvt., Ltd. | INDIA | CID002509 | |||
Gold | Modeltech Sdn Bhd | MALAYSIA | CID002857 | |||
Gold | Morris and Watson | NEW ZEALAND | CID002282 | |||
Gold | Nadir Metal Rafineri San. Ve Tic. A.S. | TURKEY | CID001220 | |||
Gold | Navoi Mining and Metallurgical Combinat | UZBEKISTAN | CID001236 | |||
Gold | NH Recytech Company | KOREA, REPUBLIC OF | CID003189 |
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Gold | Nihon Material Co., Ltd. | JAPAN | CID001259 | |||
Gold | Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH | AUSTRIA | CID002779 | |||
Gold | Ohura Precious Metal Industry Co., Ltd. | JAPAN | CID001325 | |||
Gold | OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet) | RUSSIAN FEDERATION | CID001326 | |||
Gold | Pease & Curren | UNITED STATES OF AMERICA | CID002872 | |||
Gold | Penglai Penggang Gold Industry Co., Ltd. | CHINA | CID001362 | |||
Gold | Planta Recuperadora de Metales SpA | CHILE | CID002919 | |||
Gold | Prioksky Plant of Non-Ferrous Metals | RUSSIAN FEDERATION | CID001386 | |||
Gold | PT Aneka Tambang (Persero) Tbk | INDONESIA | CID001397 | |||
Gold | PX Precinox S.A. | SWITZERLAND | CID001498 | |||
Gold | QG Refining, LLC | UNITED STATES OF AMERICA | CID003324 | |||
Gold | Rand Refinery (Pty) Ltd. | SOUTH AFRICA | CID001512 | |||
Gold | Refinery of Seemine Gold Co., Ltd. | CHINA | CID000522 | |||
Gold | REMONDIS PMR B.V. | NETHERLANDS | CID002582 | |||
Gold | Royal Canadian Mint | CANADA | CID001534 | |||
Gold | SAAMP | FRANCE | CID002761 | |||
Gold | Sabin Metal Corp. | UNITED STATES OF AMERICA | CID001546 | |||
Gold | Safimet S.p.A | ITALY | CID002973 | |||
Gold | SAFINA A.S. | CZECHIA | CID002290 | |||
Gold | Sai Refinery | INDIA | CID002853 | |||
Gold | Sam Precious Metals | UNITED ARAB EMIRATES | CID003666 | |||
Gold | Samduck Precious Metals | KOREA, REPUBLIC OF | CID001555 | |||
Gold | Samwon Metals Corp. | KOREA, REPUBLIC OF | CID001562 | |||
Gold | SEMPSA Joyeria Plateria S.A. | SPAIN | CID001585 | |||
Gold | Shandong Humon Smelting Co., Ltd. | CHINA | CID002525 | |||
Gold | Shandong Tiancheng Biological Gold Industrial Co., Ltd. | CHINA | CID001619 | |||
Gold | Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | CHINA | CID001622 | |||
Gold | Shenzhen CuiLu Gold Co., Ltd. | CHINA | CID002750 | |||
Gold | Shenzhen Zhonghenglong Real Industry Co., Ltd. | CHINA | CID002527 | |||
Gold | Shirpur Gold Refinery Ltd. | INDIA | CID002588 | |||
Gold | Tanaka Kikinzoku Kogyo K.K. | JAPAN | CID001875 | |||
Gold | SOE Shyolkovsky Factory of Secondary Precious Metals | RUSSIAN FEDERATION | CID001756 | |||
Gold | Sichuan Tianze Precious Metals Co., Ltd. | CHINA | CID001736 | |||
Gold | Singway Technology Co., Ltd. | TAIWAN, PROVINCE OF CHINA | CID002516 | |||
Gold | Solar Applied Materials Technology Corp. | TAIWAN, PROVINCE OF CHINA | CID001761 |
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Gold | Sovereign Metals | INDIA | CID003383 | |||
Gold | State Research Institute Center for Physical Sciences and Technology | LITHUANIA | CID003153 | |||
Gold | Sudan Gold Refinery | SUDAN | CID002567 | |||
Gold | SungEel HiMetal Co., Ltd. | KOREA, REPUBLIC OF | CID002918 | |||
Gold | Super Dragon Technology Co., Ltd. | TAIWAN, PROVINCE OF CHINA | CID001810 | |||
Gold | T.C.A S.p.A | ITALY | CID002580 | |||
Gold | Tokuriki Honten Co., Ltd. | JAPAN | CID001938 | |||
Gold | TOO Tau-Ken-Altyn | KAZAKHSTAN | CID002615 | |||
Gold | Torecom | KOREA, REPUBLIC OF | CID001955 | |||
Gold | Umicore Precious Metals Thailand | THAILAND | CID002314 | |||
Gold | United Precious Metal Refining, Inc. | UNITED STATES OF AMERICA | CID001993 | |||
Gold | Valcambi S.A. | SWITZERLAND | CID002003 | |||
Gold | WIELAND Edelmetalle GmbH | GERMANY | CID002778 | |||
Gold | Yokohama Metal Co., Ltd. | JAPAN | CID002129 | |||
Tantalum | 5D Production OU | ESTONIA | CID003926 | |||
Tantalum | AMG Brasil | BRAZIL | CID001076 | |||
Tantalum | D Block Metals, LLC | UNITED STATES OF AMERICA | CID002504 | |||
Tantalum | F&X Electro-Materials Ltd. | CHINA | CID000460 | |||
Tantalum | FIR Metals & Resource Ltd. | CHINA | CID002505 | |||
Tantalum | Global Advanced Metals Aizu | JAPAN | CID002558 | |||
Tantalum | Global Advanced Metals Boyertown | UNITED STATES OF AMERICA | CID002557 | |||
Tantalum | XIMEI RESOURCES (GUANGDONG) LIMITED | CHINA | CID000616 | |||
Tantalum | TANIOBIS Co., Ltd. | THAILAND | CID002544 | |||
Tantalum | Materion Newton Inc. | UNITED STATES OF AMERICA | CID002548 | |||
Tantalum | TANIOBIS Japan Co., Ltd. | JAPAN | CID002549 | |||
Tantalum | TANIOBIS Smelting GmbH & Co. KG | GERMANY | CID002550 | |||
Tantalum | TANIOBIS GmbH | GERMANY | CID002545 | |||
Tantalum | Hengyang King Xing Lifeng New Materials Co., Ltd. | CHINA | CID002492 | |||
Tantalum | Jiangxi Dinghai Tantalum & Niobium Co., Ltd. | CHINA | CID002512 | |||
Tantalum | Jiangxi Tuohong New Raw Material | CHINA | CID002842 | |||
Tantalum | JiuJiang JinXin Nonferrous Metals Co., Ltd. | CHINA | CID000914 | |||
Tantalum | Jiujiang Tanbre Co., Ltd. | CHINA | CID000917 | |||
Tantalum | Jiujiang Zhongao Tantalum & Niobium Co., Ltd. | CHINA | CID002506 | |||
Tantalum | KEMET de Mexico | MEXICO | CID002539 | |||
Tantalum | Metallurgical Products India Pvt., Ltd. | INDIA | CID001163 | |||
Tantalum | Mineracao Taboca S.A. | BRAZIL | CID001175 | |||
Tantalum | Mitsui Mining and Smelting Co., Ltd. | JAPAN | CID001192 |
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Tantalum | NPM Silmet AS | ESTONIA | CID001200 | |||
Tantalum | Ningxia Orient Tantalum Industry Co., Ltd. | CHINA | CID001277 | |||
Tantalum | PowerX Ltd. | RWANDA | CID004054 | |||
Tantalum | QuantumClean | UNITED STATES OF AMERICA | CID001508 | |||
Tantalum | Resind Industria e Comercio Ltda. | BRAZIL | CID002707 | |||
Tantalum | Yanling Jincheng Tantalum & Niobium Co., Ltd. | CHINA | CID001522 | |||
Tantalum | RFH Yancheng Jinye New Material Technology Co., Ltd. | CHINA | CID003583 | |||
Tantalum | Solikamsk Magnesium Works OAO | RUSSIAN FEDERATION | CID001769 | |||
Tantalum | Taki Chemical Co., Ltd. | JAPAN | CID001869 | |||
Tantalum | Telex Metals | UNITED STATES OF AMERICA | CID001891 | |||
Tantalum | Ulba Metallurgical Plant JSC | KAZAKHSTAN | CID001969 | |||
Tin | Alpha | UNITED STATES OF AMERICA | CID000292 | |||
Tin | An Vinh Joint Stock Mineral Processing Company | VIET NAM | CID002703 | |||
Tin | Aurubis Beerse | BELGIUM | CID002773 | |||
Tin | Aurubis Berango | SPAIN | CID002774 | |||
Tin | PT Refined Bangka Tin | INDONESIA | CID001460 | |||
Tin | Yunnan Chengfeng Non-ferrous Metals Co., Ltd. | CHINA | CID002158 | |||
Tin | Chenzhou Yunxiang Mining and Metallurgy Co., Ltd. | CHINA | CID000228 | |||
Tin | Chifeng Dajingzi Tin Industry Co., Ltd. | CHINA | CID003190 | |||
Tin | China Tin Group Co., Ltd. | CHINA | CID001070 | |||
Tin | Tin Smelting Branch of Yunnan Tin Co., Ltd. | CHINA | CID002180 | |||
Tin | CRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil Ltda | BRAZIL | CID003486 | |||
Tin | CRM Synergies | SPAIN | CID003524 | |||
Tin | PT Rajehan Ariq | INDONESIA | CID002593 | |||
Tin | Dongguan CiEXPO Environmental Engineering Co., Ltd. | CHINA | CID003356 | |||
Tin | Dowa | JAPAN | CID000402 | |||
Tin | DS Myanmar | MYANMAR | CID003831 | |||
Tin | Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company | VIET NAM | CID002572 | |||
Tin | EM Vinto | BOLIVIA (PLURINATIONAL STATE OF) | CID000438 | |||
Tin | Estanho de Rondonia S.A. | BRAZIL | CID000448 | |||
Tin | Fenix Metals | POLAND | CID000468 | |||
Tin | Minsur | PERU | CID001182 | |||
Tin | Gejiu Kai Meng Industry and Trade LLC | CHINA | CID000942 | |||
Tin | Gejiu Non-Ferrous Metal Processing Co., Ltd. | CHINA | CID000538 | |||
Tin | Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. | CHINA | CID001908 |
13
Tin | Gejiu Zili Mining And Metallurgy Co., Ltd. | CHINA | CID000555 | |||
Tin | Guangdong Hanhe Non-Ferrous Metal Co., Ltd. | CHINA | CID003116 | |||
Tin | Malaysia Smelting Corporation (MSC) | MALAYSIA | CID001105 | |||
Tin | Mitsubishi Materials Corporation | JAPAN | CID001191 | |||
Tin | PT Timah Tbk Mentok | INDONESIA | CID001482 | |||
Tin | Jiangxi New Nanshan Technology Ltd. | CHINA | CID001231 | |||
Tin | PT Timah Tbk Kundur | INDONESIA | CID001477 | |||
Tin | Magnu’s Minerais Metais e Ligas Ltda. | BRAZIL | CID002468 | |||
Tin | Malaysia Smelting Corporation Berhad (Port Klang) | MALAYSIA | CID004434 | |||
Tin | Melt Metais e Ligas S.A. | BRAZIL | CID002500 | |||
Tin | Metallic Resources, Inc. | UNITED STATES OF AMERICA | CID001142 | |||
Tin | Mineracao Taboca S.A. | BRAZIL | CID001173 | |||
Tin | Mining Minerals Resources SARL | CONGO, DEMOCRATIC REPUBLIC OF THE | CID004065 | |||
Tin | Modeltech Sdn Bhd | MALAYSIA | CID002858 | |||
Tin | Nghe Tinh Non-Ferrous Metals Joint Stock Company | VIET NAM | CID002573 | |||
Tin | Novosibirsk Tin Combine | RUSSIAN FEDERATION | CID001305 | |||
Tin | O.M. Manufacturing (Thailand) Co., Ltd. | THAILAND | CID001314 | |||
Tin | O.M. Manufacturing Philippines, Inc. | PHILIPPINES | CID002517 | |||
Tin | Pongpipat Company Limited | MYANMAR | CID003208 | |||
Tin | PT Mitra Stania Prima | INDONESIA | CID001453 | |||
Tin | PT Mitra Sukses Globalindo | INDONESIA | CID003449 | |||
Tin | PT Putera Sarana Shakti (PT PSS) | INDONESIA | CID003868 | |||
Tin | PT Sukses Inti Makmur (SIM) | INDONESIA | CID002816 | |||
Tin | Resind Industria e Comercio Ltda. | BRAZIL | CID002706 | |||
Tin | Rui Da Hung | TAIWAN, PROVINCE OF CHINA | CID001539 | |||
Tin | Super Ligas | BRAZIL | CID002756 | |||
Tin | Takehara PVD Materials Plant / PVD Materials Division of MITSUI MINING & SMELTING CO., LTD. | JAPAN | CID004403 | |||
Tin | Thaisarco | THAILAND | CID001898 | |||
Tin | Tin Technology & Refining | UNITED STATES OF AMERICA | CID003325 | |||
Tin | Tuyen Quang Non-Ferrous Metals Joint Stock Company | VIET NAM | CID002574 | |||
Tin | White Solder Metalurgia e Mineracao Ltda. | BRAZIL | CID002036 | |||
Tin | Yunnan Yunfan Non-ferrous Metals Co., Ltd. | CHINA | CID003397 | |||
Tungsten | A.L.M.T. Corp. | JAPAN | CID000004 | |||
Tungsten | ACL Metais Eireli | BRAZIL | CID002833 | |||
Tungsten | Albasteel Industria e Comercio de Ligas Para Fundicao Ltd. | BRAZIL | CID003427 |
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Tungsten | Artek LLC | RUSSIAN FEDERATION | CID003553 | |||
Tungsten | Asia Tungsten Products Vietnam Ltd. | VIET NAM | CID002502 | |||
Tungsten | Kennametal Huntsville | UNITED STATES OF AMERICA | CID000105 | |||
Tungsten | Guangdong Xianglu Tungsten Co., Ltd. | CHINA | CID000218 | |||
Tungsten | Hunan Shizhuyuan Nonferrous Metals Co., Ltd. Chenzhou Tungsten Products Branch | CHINA | CID002513 | |||
Tungsten | China Molybdenum Tungsten Co., Ltd. | CHINA | CID002641 | |||
Tungsten | Chongyi Zhangyuan Tungsten Co., Ltd. | CHINA | CID000258 | |||
Tungsten | CNMC (Guangxi) PGMA Co., Ltd. | CHINA | CID000281 | |||
Tungsten | Cronimet Brasil Ltda | BRAZIL | CID003468 | |||
Tungsten | DONGKUK INDUSTRIES CO., LTD. | KOREA, REPUBLIC OF | CID004060 | |||
Tungsten | Fujian Xinlu Tungsten Co., Ltd. | CHINA | CID003609 | |||
Tungsten | Ganzhou Jiangwu Ferrotungsten Co., Ltd. | CHINA | CID002315 | |||
Tungsten | Ganzhou Seadragon W & Mo Co., Ltd. | CHINA | CID002494 | |||
Tungsten | Hubei Green Tungsten Co., Ltd. | CHINA | CID003417 | |||
Tungsten | Global Tungsten & Powders LLC | UNITED STATES OF AMERICA | CID000568 | |||
Tungsten | TANIOBIS Smelting GmbH & Co. KG | GERMANY | CID002542 | |||
Tungsten | H.C. Starck Tungsten GmbH | GERMANY | CID002541 | |||
Tungsten | HANNAE FOR T Co., Ltd. | KOREA, REPUBLIC OF | CID003978 | |||
Tungsten | Hunan Jintai New Material Co., Ltd. | CHINA | CID000769 | |||
Tungsten | Hunan Chenzhou Mining Co., Ltd. | CHINA | CID000766 | |||
Tungsten | Hydrometallurg, JSC | RUSSIAN FEDERATION | CID002649 | |||
Tungsten | Japan New Metals Co., Ltd. | JAPAN | CID000825 | |||
Tungsten | Jiangwu H.C. Starck Tungsten Products Co., Ltd. | CHINA | CID002551 | |||
Tungsten | Jiangxi Gan Bei Tungsten Co., Ltd. | CHINA | CID002321 | |||
Tungsten | Jiangxi Minmetals Gao’an Non-ferrous Metals Co., Ltd. | CHINA | CID002313 | |||
Tungsten | Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. | CHINA | CID002318 | |||
Tungsten | Jiangxi Xinsheng Tungsten Industry Co., Ltd. | CHINA | CID002317 | |||
Tungsten | Jiangxi Yaosheng Tungsten Co., Ltd. | CHINA | CID002316 | |||
Tungsten | Kenee Mining Corporation Vietnam | VIET NAM | CID004619 | |||
Tungsten | Kennametal Fallon | UNITED STATES OF AMERICA | CID000966 | |||
Tungsten | Lianyou Resources Co., Ltd. | TAIWAN, PROVINCE OF CHINA | CID004397 | |||
Tungsten | LLC Vostok | RUSSIAN FEDERATION | CID003643 | |||
Tungsten | Malipo Haiyu Tungsten Co., Ltd. | CHINA | CID002319 | |||
Tungsten | Masan High-Tech Materials | VIET NAM | CID002543 | |||
Tungsten | Moliren Ltd. | RUSSIAN FEDERATION | CID002845 | |||
Tungsten | Nam Viet Cromit Joint Stock Company | VIET NAM | CID004034 |
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Tungsten | Niagara Refining LLC | UNITED STATES OF AMERICA | CID002589 | |||
Tungsten | Philippine Chuangxin Industrial Co., Inc. | PHILIPPINES | CID002827 | |||
Tungsten | Shinwon Tungsten (Fujian Shanghang) Co., Ltd. | CHINA | CID004430 | |||
Tungsten | Tungsten Vietnam Joint Stock Company | VIET NAM | CID003993 | |||
Tungsten | Unecha Refractory metals plant | RUSSIAN FEDERATION | CID002724 | |||
Tungsten | Wolfram Bergbau und Hutten AG | AUSTRIA | CID002044 | |||
Tungsten | Xiamen Tungsten (H.C.) Co., Ltd. | CHINA | CID002320 | |||
Tungsten | Xiamen Tungsten Co., Ltd. | CHINA | CID002082 | |||
Tungsten | YUDU ANSHENG TUNGSTEN CO., LTD. | CHINA | CID003662 |
V. | Future Due Diligence |
We will continue to communicate our expectations and information requirements to our direct suppliers. Over time, we anticipate that the amount of information available globally on the traceability and sourcing of these ores will increase and improve our knowledge. We will continue to make inquiries to our direct suppliers and undertake additional risk assessments when potentially relevant changes in facts or circumstances are identified. If we become aware of a supplier whose due diligence needs improvement, we may continue the trade relationship while that supplier improves its compliance program. We expect our suppliers to take similar measures with their suppliers to help ensure alignment throughout the supply chain.
In addition to the above-referenced steps, the Company plans to undertake the following steps during the next compliance period:
• | Review the conflict minerals policy statement and update if necessary. |
• | Continue to encourage suppliers’ comportment with the requirements set forth in our Supplier Quality Assurance Manual and their own stated commitment to source minerals from smelters and refiners validated as being conflict free. |
• | Continue to collect responses from suppliers using the most recent revision of the CMRT. |
• | Continue engagement with smelters by sending letters to those that have not been audited as conformant. |
• | Compare and validate RCOI results to information collected via independent third-party audit programs, such as the RMI, and through our Company’s own coordinated outreach to smelters. |
• | Encourage responsible sourcing from the DRC and adjoining countries. |
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Safe Harbor and Forward-Looking Statements
Certain statements in this Conflict Minerals Report contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on current expectations and assumptions that are subject to risks and uncertainties. All statements contained in this Conflict Minerals Report that do not relate to matters of historical fact should be considered forward-looking statements, and are generally identified by words such as “may,” ,“will,” “expects,” “intends,” “plans,” “believes,” “anticipates,” and other similar expressions. These forward-looking statements include, but are not limited to, statements regarding expectation or intention relating to our compliance efforts and expected future diligence actions. These statements are neither promises nor guarantees, but involve risks and uncertainties that may cause future expectations or actions to be different, including, but not limited to, we and our vendors are subject to various environmental laws and regulations that could impose substantial costs upon us and cause delays in expanding production facilities; and failure to meet evolving environmental, social, and governance (“ESG”) expectations or standards or to achieve our ESG goals could adversely affect our business, results of operations, financial condition, and stock price; as well as the risks discussed in Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as updated by our subsequent filings with the SEC. Undue reliance should not be placed on these statements, which are only effective as of the date of this report. The Company disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this document except as required by law.
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APPENDIX I – Countries of Origin
The information provided in this Appendix is based on the information collected from the Company’s suppliers.
Australia | Mozambique | |
Austria | Myanmar | |
Benin | Nicaragua | |
Bolivia (Plurinational State of) | Niger | |
Brazil | Nigeria | |
Burundi | Papua New Guinea | |
Canada | Peru | |
Chile | Philippines | |
China | Portugal | |
Colombia | Russian Federation | |
Congo, Democratic Republic of the | Rwanda | |
Ethiopia | Sierra Leone | |
France | South Africa | |
Ghana | Spain | |
Guinea | Sweden | |
Guyana | Tanzania | |
Indonesia | Thailand | |
Kazakhstan | Uganda | |
South Korea | United Kingdom of Great Britain and Northern Ireland | |
Laos | United States of America | |
Madagascar | Uzbekistan | |
Malaysia | Vietnam | |
Mexico | Zimbabwe | |
Mongolia |
18