Exhibit 1.01
McDermott International, Inc.
Conflict Minerals Report
For the reporting period from January 1, 2015 to December 31, 2015
This Conflict Minerals Report (this “Report”) of McDermott International, Inc. (together with its consolidated subsidiaries, “McDermott,” “we” or “us”) has been prepared pursuant to Rule 13p-1 promulgated by the U.S. Securities and Exchange Commission (the “SEC”) under the Securities Exchange Act of 1934, as amended (together with Form SD adopted by the SEC pursuant to its Release No. 34-67716, the “Conflict Minerals Rule”), for the reporting period January 1, 2015 to December 31, 2015 (the “Reporting Period”). The Conflict Minerals Rule addresses disclosure of certain information when an SEC registrant manufactures or contracts to manufacture products and any one or more of the minerals specified in the Conflict Minerals Rule are necessary to the functionality or production of those products. The specified minerals are gold, as well as columbite-tantalite (coltan), cassiterite and wolframite and their respective derivatives tantalum, tin and tungsten (collectively, the “Covered Minerals”). The “Covered Countries” for the purposes of the Conflict Minerals Rule are the Democratic Republic of the Congo, the Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania, Zambia and Angola. During the Reporting Period, we manufactured, or contracted to manufacture, Projects (as described below) for customers and for which Covered Minerals were or may have been necessary to their functionality or production.
McDermott is a leading provider of integrated engineering, procurement, construction and installation (“EPCI”) and module fabrication services for upstream field developments worldwide. Providing fully integrated EPCI services, we deliver fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning. Operating in approximately 20 countries across the Americas, Europe, Africa, the Middle East and Asia, our integrated resources include approximately 11,200 employees and a diversified fleet of marine vessels, fabrication facilities and engineering offices.
3. | Description of the Projects Covered by this Report |
This Report relates to projects: (i) for which Covered Minerals were or may be necessary to the functionality or production; (ii) that were manufactured, or contracted to be manufactured, for customers by McDermott; and (iii) for which the manufacture was completed during the Reporting Period. Those projects (“Projects”) include the following:
| • | | offshore oil and gas platforms, including piles, modules, living quarters, wellhead decks, production decks, deck upgrades and jackets; |
| • | | subsea installations, including modules, support frames, pipeline end terminals (PLETs) and pipeline end manifolds (PLEMs); and |
| • | | subsea pipelines, including reeled and traditional layed in various diameters, lengths, materials, insulations and coatings. |
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4. | Reasonable Country of Origin Inquiry and Due Diligence |
Reasonable Country of Origin Inquiry
We conducted, in good faith, a reasonable country of origin inquiry (“RCOI”) that we believe was reasonably designed to determine whether any of the Covered Minerals that were necessary to the functionality or production of the Projects originated in any of the Covered Countries and whether any of such Covered Minerals may have been from recycled or scrap sources.
We commenced our RCOI process by determining, based on an annual review and analysis of our supplier base, specific suppliers that might have provided materials or components containing Covered Minerals necessary to the functionality or production of the Projects (the “In-scope Suppliers”). The In-scope Suppliers were requested to provide information regarding the presence and sourcing of Covered Minerals used in the materials supplied to McDermott. Information was collected and stored using an online platform provided by a third-party vendor, Source Intelligence. This supplier engagement consisted of the following steps:
| • | | an introductory communication was issued by McDermott to the In-scope Suppliers describing the compliance requirements, introducing them to Source Intelligence and requesting their cooperation in providing the requested information; |
| • | | thereafter, Source Intelligence issued a communication to the In-scope Suppliers, providing further information on the compliance requirements and information on how to access the online platform and requesting completion of the Conflict-Free Sourcing Initiative’s Conflict Minerals Reporting Template (the “CMR Template”); |
| • | | following Source Intelligence’s initial communication, up to five reminder emails were issued to each non-responsive In-scope Supplier, further requesting completion of the CMR Template; |
| • | | In-scope Suppliers who remained non-responsive were reached out to by Source Intelligence via telephone and offered additional assistance, including but not limited to, further information about the Conflict Minerals Rule, an explanation of why the information was being collected, a review of how the information would be used and clarification regarding how the information needed could be provided; and |
| • | | if, after these efforts, a given In-scope Supplier still remained non-responsive, an escalation process was initiated, which consisted of direct outreach by McDermott to such In-Scope Suppliers requesting their completion of the CMR Template with Source Intelligence following up in a timely manner. |
Approximately 35% of the In-scope Suppliers responded to our requests. Of those responsive In-scope Suppliers, approximately 7% responded that Covered Minerals were contained within the products or materials they provided to McDermott. Based on the information we obtained in the RCOI process, we believe that certain of our Projects may contain Covered Minerals originating from the Covered Countries. Accordingly, we undertook due diligence efforts to determine the source and chain of custody of such Covered Minerals.
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Due Diligence Efforts
McDermott has exercised due diligence on the source and chain of custody of the Covered Minerals contained in our Projects. McDermott’s due diligence measures were designed based on the framework in the Organisation for Economic Co-operation and Development Due Diligence Guidance for Responsible Supply Chain of Minerals from Conflict-Affected and High Risk Areas: Second Edition, including the related supplements on gold, tin, tantalum and tungsten.
McDermott’s due diligence measures included the following:
| • | | Maintained a Conflict Minerals Policy, which is available on McDermott’s Web site at:http://www.mcdermott.com/wp-content/uploads/2015/07/McDermott-Conflict-Minerals-Policy-and-Form-SD-and-CMR-FINAL.pdf |
| • | | Utilized an internal, cross-functional team to support supply chain due diligence. |
| • | | Undertook actions, including the engagement of a third-party vendor, Source Intelligence, to increase transparency over the supply chain. |
| • | | Applied internal measures to strengthen engagement with suppliers, including through contractual representations from suppliers that they do not procure Covered Minerals from the Covered Countries. |
| • | | Requested that suppliers complete a questionnaire on the CMR Template to identify Covered Minerals smelters or refiners and associated countries of origin. |
| • | | Identified smelters or refiners in the supply chain, to the extent practicable, based on information provided by suppliers. |
| • | | Evaluated supplier responses for plausibility and consistency, by cross-referencing against other supplier responses and publically available information concerning smelters or refiners identified. |
| • | | Reported findings of the RCOI and due diligence processes to senior management. |
Many In-Scope Suppliers provided responses with smelter or refiner facilities information based on a company or divisional level, rather than a product-level specific to the materials and components we use. As such, and based on the limitations discussed above, McDermott does not have sufficient information to determine all of the facilities used to process Covered Minerals necessary to the functionality or production of the Products or the countries of origin of those Covered Minerals.
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Our efforts to determine the mine or location of origin of the necessary Conflict Minerals with the greatest possible specificity are set forth above under Due Diligence Efforts. Set forth below is information regarding the processing facilities and countries of origin that the Company has identified based on the information provided by our In-Scope Suppliers and our due diligence efforts.
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Metal | | Smelter or Refiner Name | | Country of Origin | | Certification Status1 |
Tungsten | | A.L.M.T. TUNGSTEN Corp. | | China | | CFSP |
Gold | | Advanced Chemical Company | | United States | | Other |
Gold | | Aida Chemical Industries Co., Ltd. | | Bolivia, Peru, Spain, Canada, Portugal, Japan, Recycle/Scrap | | CFSP |
Gold | | Al Etihad Gold | | No known country of origin. | | Other |
Gold | | Allgemeine Gold-und Silberscheideanstalt A.G. | | Germany, Thailand, Japan, Germany, Thailand, Japan, Recycle/Scrap | | LBMA, CFSP |
Gold | | Almalyk Mining and Metallurgical Complex (AMMC) | | Mexico, China, Uzbekistan | | LBMA, CFSP – Active |
Tin | | Alpha | | Thailand, Taiwan China, United States, Jersey, Chile, Peru, Spain Recycle/Scrap | | CFSP |
Tin | | An Thai Minerals Company Limited | | No known country of origin. | | CFSP – Active |
Tin | | An Vinh Joint Stock Mineral Processing Company | | No known country of origin. | | Other |
Gold | | AngloGold Ashanti Córrego do Sítio Mineração | | Australia, Brazil, South Africa | | LBMA, CFSP |
Gold | | Argor-Heraeus SA | | China, Argentina Chile, Singapore, Switzerland, Hong Kong, South Africa | | LBMA, RJC, CFSP |
Gold | | Asahi Pretec Corporation | | Papua New Guinea | | LBMA, CFSP |
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Gold | | Asahi Pretec Corporation | | Hong Kong, Mexico, Recycle/Scrap Peru, Brazil, Guinea, Canada, Japan, Chile, United States, Argentina, Singapore, Australia, Recycle/Scrap | | LBMA, CFSP |
Gold | | Asahi Refining Canada Limited | | No known country of origin. | | LBMA, CFSP |
Gold | | Asahi Refining USA Inc. | | Canada, Hong Kong, Australia, China, Malaysia, United States | | LBMA, CFSP |
Gold | | Asaka Riken Co., Ltd. | | Japan, Mexico, Armenia, Recycle/Scrap | | CFSP |
Tungsten | | Asia Tungsten Products Vietnam Ltd. | | No known country of origin. | | CFSP |
Gold | | Atasay Kuyumculuk Sanayi Ve Ticaret A.S. | | Brazil, Turkey | | Other |
Gold | | Aurubis AG | | China, United States, Germany, Recycle/Scrap, Hong Kong | | LBMA, CFSP |
Tantalum | | Avon Specialty Metals Ltd | | No known country of origin. | | Other |
Gold | | Bangko Sentral ng Pilipinas (Central Bank of the Philippines) | | Canada, Philippines | | LBMA, CFSP |
Gold | | Bauer Walser AG | | Germany | | Other |
Gold | | C. Hafner GmbH + Co. KG | | Germany | | LBMA, CFSP |
Gold | | Caridad | | Chile, Bolivia Japan, Mexico, China | | Other |
Gold | | CCR Refinery – Glencore Canada Corporation | | Peru, Germany Zambia, Argentina DRC- Congo (Kinshasa), Australia, United States, Canada, Chile, Japan, Switzerland | | LBMA, CFSP |
Gold | | Cendres + Métaux SA | | Germany, Australia, Switzerland, Recycle/Scrap | | Other |
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Tungsten | | Chenzhou Diamond Tungsten Products Co., Ltd. | | China | | CFSP |
Tin | | Chenzhou Yunxiang Mining and Metallurgy Company Limited | | No known country of origin. | | Other |
Gold | | Chimet S.p.A. | | Australia, Italy Mexico, Recycle/Scrap | | LBMA, CFSP |
Tin | | China Tin Group Co., Ltd. | | China | | CFSP |
Tungsten | | Chongyi Zhangyuan Tungsten Co., Ltd. | | China, Peru, Canada, Thailand, Russia | | CFSP |
Gold | | Chugai Mining | | Japan, Canada | | Other |
Tin | | CNMC (Guangxi) PGMA Co. Ltd. | | China | | Other |
Tantalum | | Conghua Tantalum and Niobium Smeltry | | Rwanda, Niger China, Thailand, Ethiopia, India, Brazil | | CFSP |
Tin | | Cooperativa Metalurgica de Rondônia Ltda. | | Peru, Brazil, Australia | | CFSP |
Tin | | CV Ayi Jaya | | No known country of origin. | | CFSP |
Tin | | CV Gita Pesona | | No known country of origin. | | CFSP |
Tin | | CV Serumpun Sebalai | | Uzbekistan, United States, Brazil, Malaysia | | CFSP |
Tin | | CV United Smelting | | China, Indonesia Malaysia, Peru, DRC- Congo (Kinshasa), Japan | | CFSP |
Tin | | CV Venus Inti Perkasa | | No known country of origin. | | CFSP |
Tantalum | | D Block Metals, LLC | | No known country of origin. | | CFSP |
Gold | | Daejin Indus Co., Ltd. | | Japan, South Korea | | Other |
Gold | | Daye Non-Ferrous Metals Mining Ltd. | | China | | Other |
Tungsten | | Dayu Jincheng Tungsten Industry Co., Ltd. | | No known country of origin. | | TICMC – Progressing |
Tungsten | | Dayu Weiliang Tungsten Co., Ltd. | | China | | TICMC – Progressing |
Gold | | DODUCO GmbH | | No known country of origin; Recycle/Scrap | | CFSP |
Tin | | Dowa | | No known country of origin. | | Other |
Gold | | DSC (Do Sung Corporation) | | South Korea, Recycle/Scrap | | Other |
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Tantalum | | Duoluoshan | | Niger, Bolivia Japan, Thailand India, Brazil, Rwanda, China, Ethiopia, Malaysia, Nigeria | | CFSP |
Gold | | Eco-System Recycling Co., Ltd. | | Japan, Canada, Bolivia, Recycle/Scrap | | CFSP |
Tin | | Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company | | No known country of origin. | | Other |
Gold | | Elemetal Refining, LLC | | Indonesia, Hong Kong, United States, Brazil Japan, Russia, Philippines, Kazakhstan | | LBMA, CFSP |
Tin | | Elmet S.L.U. (Metallo Group) | | No known country of origin. | | CFSP |
Tin | | EM Vinto | | Brazil, Peru, Canada, Russia China, Bolivia, Indonesia, DRC- Congo (Kinshasa), Malaysia, Germany | | CFSP |
Gold | | Emirates Gold DMCC | | No known country of origin. | | Other |
Tin | | Estanho de Rondônia S.A. | | Brazil, Taiwan | | Other |
Tantalum | | Exotech Inc. | | No known country of origin. | | CFSP |
Tantalum | | F&X Electro-Materials Ltd. | | Russia, China, Recycle/Scrap | | CFSP |
Gold | | Faggi Enrico S.p.A. | | Italy, Recycle/Scrap | | Other |
Tin | | Feinhutte Halsbrucke GmbH | | Poland, Germany | | Other |
Tin | | Fenix Metals | | Poland, Brazil, Recycle/Scrap | | CFSP |
Tantalum | | FIR Metals & Resource Ltd. | | Brazil | | CFSP |
Tungsten | | Fujian Jinxin Tungsten Co., Ltd. | | Australia, China | | CFSP |
Gold | | Gansu Seemine Material Hi-Tech Co Ltd | | China | | Other |
Tungsten | | Ganxian Shirui New Material Co., Ltd. | | No known country of origin. | | Other |
Tungsten | | Ganzhou Huaxing Tungsten Products Co., Ltd. | | Portugal, Canada, Peru, China, Spain, | | CFSP |
Tungsten | | Ganzhou Jiangwu Ferrotungsten Co., Ltd. | | China | | CFSP |
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Tungsten | | Ganzhou Non-ferrous Metals Smelting Co., Ltd. | | Bolivia, Russia, China | | TICMC – Progressing, CFSP – Active |
Tungsten | | Ganzhou Yatai Tungsten Co., Ltd. | | No known country of origin. | | CFSP |
Tin | | Gejiu Kai Meng Industry and Trade LLC | | China, Peru, Indonesia, Bolivia Japan, Brazil, Canada | | CFSP – Active |
Tin | | Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. | | No known country of origin. | | Other |
Tin | | Gejiu Zi-Li | | Brazil, China | | Other |
Tantalum | | Global Advanced Metals Aizu | | Australia, Canada, Japan | | CFSP |
Tantalum | | Global Advanced Metals Boyertown | | Australia, Brazil Japan, China, Mozambique, United States, Canada | | CFSP |
Tungsten | | Global Tungsten & Powders Corp. | | United States, China, Canada, Bolivia, Peru, Spain, Portugal | | CFSP |
Gold | | Guangdong Jinding Gold Limited | | Australia, Taiwan, China | | Other |
Tungsten | | Guangdong Xianglu Tungsten Co., Ltd. | | Russia, China, Canada, Thailand | | CFSP |
Tantalum | | Guangdong Zhiyuan New Material Co., Ltd. | | Brazil, China, Nigeria, Sierra Leone | | CFSP |
Tantalum | | Guizhou Zhenhua Xinyun Technology Ltd., Kaili branch | | No known country of origin. | | Other |
Tantalum | | H.C. Starck Co., Ltd. | | Rwanda, Zimbabwe, India, Mozambique, Sierra Leone, Brazil, Namibia, Thailand, Ethiopia, Australia, Bolivia | | CFSP |
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Tungsten | | H.C. Starck GmbH | | Mozambique, Portugal, Australia Spain, Zimbabwe, United States, India, Thailand, China, Namibia, Estonia, Japan, Russia, Rwanda, Brazil, Germany, Sierra Leone, Peru, Bolivia, Ethiopia, Canada | | CFSP |
Tantalum | | H.C. Starck GmbH Goslar | | Australia | | CFSP |
Tantalum | | H.C. Starck GmbH Goslar | | Bolivia | | CFSP |
Tantalum | | H.C. Starck GmbH Goslar | | Ethiopia, India, Namibia, Thailand, China, United States, Canada, Rwanda, Japan, Zimbabwe, Brazil, Mozambique, Germany, Sierra Leone | | CFSP |
Tantalum | | H.C. Starck GmbH Laufenburg | | Zimbabwe, India China, Australia, Ethiopia, Mozambique, Canada, Germany, Namibia, Brazil, Rwanda, Bolivia, Sierra Leone, Japan | | CFSP |
Tantalum | | H.C. Starck Hermsdorf GmbH | | Japan, Rwanda, Ethiopia, Mozambique, China, Germany, Brazil, Canada, India, Australia, Bolivia | | CFSP |
Tantalum | | H.C. Starck Inc. | | Canada, Rwanda, Ethiopia, Bolivia, Japan, Australia, China, Germany, India, Brazil, Zimbabwe, Mozambique, Namibia, Sierra Leone, United States | | CFSP |
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Tantalum | | H.C. Starck Smelting GmbH & Co.KG | | No known country of origin. | | CFSP |
Gold | | Heimerle + Meule GmbH | | Mozambique, South Africa, Australia, Canada, Malaysia, Austria, Hong Kong, Germany, Jersey, China, Philippines, Recycle/Scrap | | LBMA, CFSP |
Tantalum | | Hengyang King Xing Lifeng New Materials Co., Ltd. | | China | | CFSP |
Gold | | Heraeus Ltd. Hong Kong | | Malaysia, Mozambique, Taiwan, Canada, China, Philippines, Hong Kong, Thailand, France, Germany, South Africa, Australia, Japan, Laos, Peru, Switzerland, Singapore | | LBMA, RJC, CFSP |
Gold | | Heraeus Precious Metals GmbH & Co. KG | | Germany | | LBMA, CFSP |
Gold | | Heraeus Precious Metals GmbH & Co. KG | | Australia | | LBMA, CFSP |
Gold | | Heraeus Precious Metals GmbH & Co. KG | | Bolivia | | LBMA, CFSP |
Gold | | Heraeus Precious Metals GmbH & Co. KG | | Malaysia | | LBMA, CFSP |
Gold | | Heraeus Precious Metals GmbH & Co. KG | | Hong Kong | | LBMA, CFSP |
Gold | | Heraeus Precious Metals GmbH & Co. KG | | Peru | | LBMA, CFSP |
Gold | | Heraeus Precious Metals GmbH & Co. KG | | China | | LBMA, CFSP |
Gold | | Heraeus Precious Metals GmbH & Co. KG | | Switzerland | | LBMA, CFSP |
Gold | | Heraeus Precious Metals GmbH & Co. KG | | Jersey | | LBMA, CFSP |
Gold | | Heraeus Precious Metals GmbH & Co. KG | | United States | | LBMA, CFSP |
Gold | | Heraeus Precious Metals GmbH & Co. KG | | Chile | | LBMA, CFSP |
Tantalum | | Hi-Temp Specialty Metals, Inc. | | India, Mozambique, Zimbabwe, Ethiopia, Bolivia, Sierra Leone, Rwanda, Namibia, United States, Brazil, China, Australia | | CFSP |
Tin | | Huichang Jinshunda Tin Co. Ltd | | China | | Other |
Gold | | Hunan Chenzhou Mining Co., Ltd. | | No known country of origin. | | Other |
Tungsten | | Hunan Chenzhou Mining Co., Ltd. | | China | | Other |
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Tungsten | | Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji | | No known country of origin. | | TICMC – Progressing, CFSP – Active |
Tungsten | | Hunan Chunchang Nonferrous Metals Co., Ltd. | | Japan, China | | CFSP |
Gold | | Hwasung CJ Co. Ltd | | South Korea, United States, Japan, Mexico, Canada, Hong Kong, Australia | | Other |
Tungsten | | Hydrometallurg, JSC | | No known country of origin. | | CFSP |
Gold | | Inner Mongolia Qiankun Gold and Silver Refinery Share Company Limited | | Mongolia, Mexico, China | | LBMA |
Gold | | Ishifuku Metal Industry Co., Ltd. | | No known country of origin. | | LBMA, CFSP |
Gold | | Istanbul Gold Refinery | | Turkey | | LBMA, CFSP |
Gold | | Japan Mint | | Japan | | LBMA, CFSP |
Tungsten | | Japan New Metals Co., Ltd. | | Russia, Canada, Thailand, China | | CFSP |
Tungsten | | Jiangwu H.C. Starck Tungsten Products Co., Ltd. | | China | | TICMC – Progressing, CFSP – Active |
Gold | | Jiangxi Copper Company Limited | | Japan, China, United States | | LBMA, CFSP |
Tantalum | | Jiangxi Dinghai Tantalum & Niobium Co., Ltd | | No known country of origin. | | CFSP |
Tungsten | | Jiangxi Gan Bei Tungsten Co., Ltd. | | China | | CFSP |
Tin | | Jiangxi Ketai Advanced Material Co., Ltd. | | China | | CFSP |
Tungsten | | Jiangxi Minmetals Gao’an Non-ferrous Metals Co., Ltd. | | China | | Other |
Tungsten | | Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. | | China | | TICMC – Active, CFSP – Active |
Tungsten | | Jiangxi Xinsheng Tungsten Industry Co., Ltd. | | China | | TICMC – Active, CFSP – Active |
Tungsten | | Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd. | | No known country of origin. | | CFSP |
Tungsten | | Jiangxi Yaosheng Tungsten Co., Ltd. | | China | | TICMC – Active, CFSP – Active |
Tantalum | | JiuJiang JinXin Nonferrous Metals Co., Ltd. | | China | | CFSP |
Tantalum | | Jiujiang Tanbre Co., Ltd. | | DRC- Congo (Kinshasa), China | | CFSP |
Tantalum | | Jiujiang Zhongao Tantalum & Niobium Co., Ltd. | | No known country of origin. | | CFSP |
Gold | | JSC Ekaterinburg Non-Ferrous Metal Processing Plant | | Australia, Canada, Japan, Russia | | LBMA, CFSP |
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Gold | | JSC Uralelectromed | | Russia | | LBMA, CFSP |
Gold | | JX Nippon Mining & Metals Co., Ltd. | | Chile | | LBMA, CFSP |
Gold | | Kaloti Precious Metals | | No known country of origin. | | Other |
Gold | | Kazakhmys plc | | Kyrgyzstan, Kazakhstan | | Other |
Gold | | Kazzinc | | Australia, Kazakhstan, Peru | | LBMA, CFSP |
Tantalum | | KEMET Blue Metals | | Mozambique, Burundi, Rwanda, Mexico, Nigeria, Niger | | CFSP |
Tantalum | | Kemet Blue Powder | | Niger, Mozambique, Mexico, China, Burundi, DRC- Congo (Kinshasa), Rwanda, United States, Nigeria | | CFSP |
Tungsten | | Kennametal Fallon | | Portugal, Bolivia United States, Russia, China, Recycle/Scrap | | TICMC – Active, CFSP – Active |
Tungsten | | Kennametal Huntsville | | Bolivia, United States, China | | CFSP |
Gold | | Kennecott Utah Copper LLC | | No known country of origin. | | LBMA, RJC, CFSP |
Gold | | KGHM Polska Miedź Spółka Akcyjna | | Chile | | Other |
Tantalum | | King-Tan Tantalum Industry Ltd. | | China, Ethiopia | | CFSP |
Gold | | Kojima Chemicals Co., Ltd. | | Japan | | CFSP |
Gold | | Korea Metal Co. Ltd | | Australia, South Korea, Recycle/Scrap | | Other |
Gold | | Korea Zinc Co. Ltd. | | No known country of origin. | | Other |
Gold | | Kyrgyzaltyn JSC | | Australia, Brazil, Kyrgyzstan | | LBMA |
Gold | | L’ azurde Company For Jewelry | | Japan, Saudi Arabia, Taiwan, Australia, Canada | | Other |
Gold | | Lingbao Jinyuan Tonghui Refinery Co. Ltd. | | China | | Other |
Tin | | Linwu Xianggui Smelter Co | | Japan, China, India | | Other |
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Gold | | LS-NIKKO Copper Inc. | | Singapore, Australia, United States, Japan, Chile, South Africa, India, Indonesia, Brazil, Hong Kong, Peru, South Korea, Kazakhstan | | LBMA, CFSP |
Tantalum | | LSM Brasil S.A. | | Brazil | | CFSP |
Gold | | Luo yang Zijin Yinhui Metal Smelt Co Ltd | | China | | Other |
Tin | | Magnu’s Minerais Metais e Ligas Ltda. | | Brazil | | CFSP |
Tin | | Malaysia Smelting Corporation (MSC) | | DRC- Congo (Kinshasa), Indonesia, Malaysia | | CFSP |
Tungsten | | Malipo Haiyu Tungsten Co., Ltd. | | China | | CFSP |
Gold | | Materion | | Canada, China, United States, Brazil, Chile | | CFSP |
Gold | | Matsuda Sangyo Co., Ltd. | | Indonesia, Australia, Canada, China, Japan, United Kingdom, United States, Hong Kong | | LBMA, CFSP |
Tin | | Melt Metais e Ligas S/A | | Brazil | | CFSP |
Tin | | Metallic Resources, Inc. | | No known country of origin. | | CFSP |
Tin | | Metallo-Chimique N.V. | | No known country of origin. | | CFSP |
Tantalum | | Metallurgical Products India Pvt., Ltd. | | India | | CFSP |
Gold | | Metalor Technologies (Hong Kong) Ltd. | | Hong Kong, Australia, Peru, China, Japan, Switzerland, United States | | LBMA, CFSP |
Gold | | Metalor Technologies SA | | Switzerland, Canada, China, United States, Hong Kong, Sweden, United Kingdom | | LBMA, CFSP |
Gold | | Metalor USA Refining Corporation | | Switzerland, Canada, United States, China, Mexico | | LBMA, RJC, CFSP |
Gold | | METALÚRGICA MET-MEX PEÑOLES, S.A. DE C.V | | China, Mexico | | LBMA, CFSP |
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Tantalum | | Mineração Taboca S.A. | | Brazil | | Other |
Tin | | Minsur | | Canada, Malaysia, United States, DRC- Congo (Kinshasa), Peru, Brazil, Indonesia, Rwanda, Switzerland, China Bolivia, Thailand | | CFSP |
Gold | | Mitsubishi Materials Corporation | | Chile, Canada, Indonesia | | LBMA, CFSP |
Gold | | Mitsui Mining & Smelting | | Canada, China, Australia, Japan, Chile | | LBMA, CFSP |
Gold | | MMTC-PAMP India Pvt., Ltd. | | No known country of origin. | | LBMA, CFSP |
Tantalum | | Molycorp Silmet A.S. | | Estonia | | CFSP |
Gold | | Morris and Watson | | No known country of origin. | | Other |
Gold | | Moscow Special Alloys Processing Plant | | Russia | | LBMA, CFSP |
Gold | | Nadir Metal Rafineri San. Ve Tic. A.Ş. | | Saudi Arabia, Turkey, United Arab Emirates | | LBMA, CFSP |
Tin | | Nankang Nanshan Tin Co., Ltd. | | Bolivia, Portugal, Russia, China | | Other |
Gold | | Navoi Mining and Metallurgical Combinat | | Uzbekistan, United States, Indonesia, Uzbekistan | | LBMA, CFSP – Active |
Tin | | Nghe Tinh Non-Ferrous Metals Joint Stock Company | | Vietnam | | Other |
Tungsten | | Niagara Refining LLC | | Portugal, Russia, Brazil, Mexico | | CFSP |
Gold | | Nihon Material Co., Ltd. | | Mozambique, Japan, Canada, Australia | | LBMA, CFSP |
Tantalum | | Ningxia Orient Tantalum Industry Co., Ltd. | | Niger, Nigeria, Brazil, Australia, Ethiopia, Mozambique, Malaysia, Rwanda, China, Burundi, Switzerland | | CFSP |
Tungsten | | Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC | | No known country of origin. | | CFSP |
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Tin | | O.M. Manufacturing (Thailand) Co., Ltd. | | Thailand, China, Philippines, Bolivia, Canada, Malaysia, Brazil, Peru | | CFSP |
Gold | | Ögussa Österreichische Gold- und Silber-Scheideanstalt GmbH | | No known country of origin. | | CFSP |
Gold | | Ohura Precious Metal Industry Co., Ltd. | | Japan | | CFSP |
Gold | | OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet) | | Russia | | LBMA, CFSP |
Gold | | OJSC Kolyma Refinery | | Russia | | Other |
Gold | | OJSC Novosibirsk Refinery | | Russia, Italy | | LBMA, CFSP |
Tin | | Operaciones Metalurgical S.A. | | China, Philippines, DRC- Congo (Kinshasa), Peru, Brazil, Canada, Indonesia, Japan, Bolivia, Thailand, Russia, Malaysia | | CFSP |
Gold | | PAMP SA | | South Africa, Canada, Australia, Hong Kong, Switzerland, Mexico | | LBMA, RJC, CFSP |
Gold | | Penglai Penggang Gold Industry Co Ltd | | China | | Other |
Tin | | Phoenix Metal Ltd | | No known country of origin. | | Other |
Tantalum | | Plansee SE Liezen | | Austria | | CFSP |
Tantalum | | Plansee SE Reutte | | Austria | | CFSP |
Tungsten | | Pobedit, JSC | | No known country of origin. | | TICMC – Active |
Gold | | Prioksky Plant of Non-Ferrous Metals | | Russia, China, Australia | | LBMA, CFSP |
Tin | | PT Alam Lestari Kencana | | Australia, Indonesia | | Other |
Gold | | PT Aneka Tambang (Persero) Tbk | | Indonesia | | LBMA, CFSP |
Tin | | PT Aries Kencana Sejahtera | | China | | CFSP |
Tin | | PT Artha Cipta Langgeng | | China, Indonesia, Germany, Malaysia, Bolivia, Brazil | | CFSP |
Tin | | PT ATD Makmur Mandiri Jaya | | No known country of origin. | | CFSP |
Tin | | PT Babel Inti Perkasa | | Indonesia, Peru | | CFSP |
Tin | | PT Bangka Kudai Tin | | Indonesia, China | | Other |
Tin | | PT Bangka Prima Tin | | No known country of origin. | | CFSP |
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| | | | | | |
Tin | | PT Bangka Timah Utama Sejahtera | | Indonesia, China, Brazil | | Other |
Tin | | PT Bangka Tin Industry | | Canada, China, Brazil, Bolivia, Peru, Malaysia | | CFSP |
Tin | | PT Belitung Industri Sejahtera | | Indonesia | | CFSP |
Tin | | PT BilliTin Makmur Lestari | | Malaysia, Bolivia, Peru, Canada, China, Brazil | | CFSP |
Tin | | PT Bukit Timah | | DRC- Congo (Kinshasa), Russia, Bolivia, Canada, Australia, Malaysia, Brazil, Indonesia, Peru, China | | CFSP |
Tin | | PT Cipta Persada Mulia | | No known country of origin. | | CFSP |
Tin | | PT DS Jaya Abadi | | Brazil, Japan, Bolivia, Peru, Canada, Indonesia, Malaysia, Mozambique, Russia, China, Poland, Australia | | CFSP |
Tin | | PT Eunindo Usaha Mandiri | | China | | CFSP |
Tin | | PT Fang Di MulTindo | | No known country of origin. | | Other |
Tin | | PT Inti Stania Prima | | No known country of origin. | | CFSP |
Tin | | PT Justindo | | China, Australia, Brazil | | CFSP |
Tin | | PT Karimun Mining | | No known country of origin. | | |
Tin | | PT Mitra Stania Prima | | Brazil, Chile, Russia, Indonesia, Mexico, China, Bolivia | | CFSP |
Tin | | PT Panca Mega Persada | | No known country of origin. | | CFSP |
Tin | | PT Pelat Timah Nusantara Tbk | | Nigeria, Burundi, Bolivia, Niger, China, DRC- Congo (Kinshasa), Indonesia, Brazil, Malaysia, Rwanda | | Other |
Tin | | PT Prima Timah Utama | | United States | | CFSP |
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| | | | | | |
Tin | | PT Refined Bangka Tin | | China | | CFSP |
Tin | | PT Refined Bangka Tin | | Indonesia | | CFSP |
Tin | | PT Sariwiguna Binasentosa | | United States | | CFSP |
Tin | | PT Seirama Tin investment | | No known country of origin. | | Other |
Tin | | PT Stanindo Inti Perkasa | | China, Indonesia, Malaysia, Peru, Mozambique, DRC- Congo (Kinshasa), Australia, Bolivia, Brazil, Canada | | CFSP |
Tin | | PT Sukses Inti Makmur | | No known country of origin. | | CFSP |
Tin | | PT Sumber Jaya Indah | | China | | CFSP |
Tin | | PT Timah (Persero) Tbk Kundur | | Chile, United States, Malaysia, France, Peru, Thailand, Brazil, China, Indonesia, Canada, Bolivia, China, Brazil, Malaysia, Thailand, Indonesia, DRC- Congo (Kinshasa), Indonesia, Canada, Indonesia, Peru, India | | CFSP |
Tin | | PT Tinindo Inter Nusa | | China, Belgium, Indonesia | | CFSP |
Tin | | PT Tirus Putra Mandiri | | No known country of origin. | | Other |
Tin | | PT Tommy Utama | | No known country of origin. | | CFSP |
Tin | | PT WAHANA PERKIT JAYA | | No known country of origin. | | CFSP |
Gold | | PX PrŽcinox SA | | Canada, Australia, Switzerland, Mozambique | | LBMA, RJC, CFSP |
Tantalum | | QuantumClean | | United States | | CFSP |
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| | | | | | |
Gold | | Rand Refinery (Pty) Ltd. | | South Africa, Tanzania, DRC- Congo (Kinshasa), China, Canada, Namibia, Hong Kong, Ghana, Mali, Guinea | | LBMA, CFSP |
Gold | | Republic Metals Corporation | | No known country of origin. | | LBMA, RJC, CFSP |
Tantalum | | Resind Indústria e Comércio Ltda. | | No known country of origin. | | Other |
Tantalum | | RFH Tantalum Smeltry Co., Ltd. | | Peru, China, Russia | | CFSP |
Gold | | Royal Canadian Mint | | Chile, Suriname, Japan, Mexico, Guyana, Germany, Peru, Switzerland, Canada | | LBMA, CFSP |
Tin | | Rui Da Hung | | China, Taiwan, Japan | | CFSP |
Gold | | Sabin Metal Corp. | | Canada, China, United States | | Other |
Gold | | Samduck Precious Metals | | South Korea | | Other |
Gold | | SAMWON METALS Corp. | | China, South Korea, Australia, Hong Kong | | Other |
Tungsten | | Sanher Tungsten Vietnam Co., Ltd. | | No known country of origin. | | CFSP – Active |
Gold | | SAXONIA Edelmetalle GmbH | | No known country of origin. | | Other |
Gold | | Schone Edelmetaal B.V. | | Netherlands, Belgium | | LBMA, CFSP |
Gold | | SEMPSA Joyería Platería SA | | Spain | | LBMA, CFSP |
Gold | | Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | | United States, China, Japan | | LBMA, CFSP |
Gold | | Sichuan Tianze Precious Metals Co., Ltd. | | No known country of origin. | | LBMA, CFSP |
Gold | | So Accurate Group, Inc. | | Thailand, United States, China | | Other |
Gold | | SOE Shyolkovsky Factory of Secondary Precious Metals | | Russia, Germany, Taiwan | | LBMA, CFSP |
Tin | | Soft Metais Ltda. | | Brazil | | CFSP |
Gold | | Solar Applied Materials Technology Corp. | | Hong Kong, Canada, United States, China, Taiwan | | LBMA, CFSP |
Tantalum | | Solikamsk Magnesium Works OAO | | No known country of origin. | | CFSP |
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| | | | | | |
Gold | | Sumitomo Metal Mining Co., Ltd. | | Japan, Indonesia, Chile | | LBMA, CFSP |
Gold | | T.C.A S.p.A | | No known country of origin. | | LBMA, CFSP |
Tantalum | | Taki Chemicals | | Brazil, Japan | | CFSP |
Gold | | Tanaka Kikinzoku Kogyo K.K. | | Japan, Belgium, Australia, China, United States, Switzerland, Malaysia, Singapore, South Africa, Mexico, Chile, Canada, Hong Kong, Uzbekistan, United Kingdom | | LBMA, CFSP |
Tungsten | | Tejing (Vietnam) Tungsten Co., Ltd. | | China, Vietnam | | CFSP |
Tantalum | | Telex Metals | | United States, Kazakhstan, Russia, Recycle/Scrap | | CFSP |
Tin | | Thaisarco | | China, Australia, Chile, Morocco, Rwanda, Peru, Thailand, Brazil, Portugal, Canada Indonesia, Japan, Myanmar, Bolivia, DRC- Congo (Kinshasa), Malaysia, Poland | | CFSP |
Gold | | The Great Wall Gold and Silver Refinery of China | | China | | LBMA |
Gold | | The Refinery of Shandong Gold Mining Co., Ltd. | | Peru, China | | LBMA, CFSP |
Gold | | Tokuriki Honten Co., Ltd. | | Peru, United States, Chile, Hong Kong, Australia, Japan, China, Canada | | LBMA, CFSP |
Gold | | TongLing Nonferrous Metals Group Holdings Co., Ltd. | | China | | Other |
Gold | | Torecom | | South Korea | | Other |
Tantalum | | Tranzact, Inc. | | No known country of origin. | | CFSP |
Tin | | Tuyen Quang Non-Ferrous Metals Joint Stock Company | | No known country of origin. | | Other |
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| | | | | | |
Tantalum | | Ulba Metallurgical Plant JSC | | Mozambique, United States, Canada, Japan, Burundi, China, Russia, Australia, Belarus, Brazil, Kazakhstan, Ethiopia, Rwanda, Zimbabwe, DRC- Congo (Kinshasa) | | CFSP |
Gold | | Umicore Brasil Ltda. | | Japan, Brazil | | LBMA, CFSP |
Gold | | Umicore SA Business Unit Precious Metals Refining | | No known country of origin. | | LBMA, CFSP |
Gold | | Valcambi SA | | Hong Kong, Switzerland, Australia, Taiwan, Japan | | LBMA, RJC, CFSP |
Tungsten | | Vietnam Youngsun Tungsten Industry Co., Ltd. | | Vietnam | | CFSP |
Tin | | VQB Mineral and Trading Group JSC | | No known country of origin. | | CFSP |
Gold | | Western Australian Mint trading as The Perth Mint | | Hong Kong, Australia, Chile, China, South Korea, Guinea, Peru, Bolivia, Papua New Guinea, Australia | | LBMA, CFSP |
Tin | | White Solder Metalurgia e Mineração Ltda. | | Brazil, Thailand, China, Peru, Germany | | CFSP |
Gold | | WIELAND Edelmetalle GmbH | | No known country of origin. | | Other |
Tungsten | | Wolfram Bergbau und Hütten AG | | China, Austria, Australia | | CFSP |
Tungsten | | Xiamen Tungsten Co., Ltd. | | Peru, Rwanda, Australia, United States, Vietnam, Mexico, Niger, Portugal, Brazil, Japan, Russia, Nigeria, China, Spain, Germany, Thailand, Bolivia, Canada | | CFSP |
Tungsten | | Xinhai Rendan Shaoguan Tungsten Co., Ltd. | | China | | CFSP |
Tantalum | | XinXing Haorong Electronic Material Co., Ltd. | | No known country of origin. | | CFSP |
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| | | | | | |
Gold | | Yamamoto Precious Metal Co., Ltd. | | Japan | | CFSP |
Tantalum | | Yichun Jin Yang Rare Metal Co., Ltd. | | China | | CFSP |
Gold | | Yokohama Metal Co., Ltd. | | Brazil, China, Japan, Malaysia | | CFSP |
Tin | | Yunnan Chengfeng Non-ferrous Metals Co., Ltd. | | China, Singapore, Recycle/Scrap | | CFSP – Active |
Tin | | Yunnan Tin Group (Holding) Company Limited | | Peru, Malaysia, Germany, Indonesia, Hong Kong, Brazil, Australia, Bolivia, China, Canada, Belgium, Ethiopia, China | | CFSP |
Gold | | Zhongyuan Gold Smelter of Zhongjin Gold Corporation | | Switzerland, China, Mozambique, Philippines, Australia, Canada, Thailand | | LBMA, CFSP |
Tantalum | | Zhuzhou Cemented Carbide | | China, Brazil, Malaysia, Burundi, Japan, DRC- Congo (Kinshasa), Niger, Kazakhstan, Russia, Rwanda, Nigeria | | CFSP |
Gold | | Zijin Mining Group Co., Ltd. Gold Refinery | | Kyrgyzstan, Tajikistan, Papua New Guinea, Peru, China, Mongolia, Tajikistan, Russia | | LBMA, CFSP |
6. | Steps to Mitigate Risks Relating to Covered Minerals |
McDermott intends to continue improving its supply chain due diligence efforts via the following measures, in an effort to mitigate the risk that any Covered Minerals necessary to the functionality or production of products manufactured, or contracted to be manufactured, for customers by McDermott benefit armed groups in any of the Covered Countries:
| • | | Continue to assess the presence of Covered Minerals in its supply chain. |
| • | | Continue to communicate expectations with regard to supplier performance, transparency and sourcing. |
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| • | | Attempt to increase the response rate from our suppliers in our RCOI and due diligence processes, and work with our responding suppliers to improve the content of their responses, including reporting at a product-specific level. |
| • | | Continue to compare RCOI results to information collected via independent conflict free smelter validation programs such as the Conflict Free Sourcing Initiative’s Conflict Free Smelter program. |
Because McDermott is a downstream user of Covered Minerals, we rely on the representations and information provided by our In-Scope Suppliers. As a result, incomplete or inaccurate information provided by the In-Scope Suppliers could affect the accuracy or completeness of the information set forth above or other information contained in this Conflict Minerals Report.
The foregoing statements made in this Section 6 are forward-looking statements and, as such, are subject to the cautionary statements and disclaimers set forth under the caption “Cautionary Statement Concerning Forward-Looking Statements” in Item 1 of Part 1 of our Annual Report on Form 10-K for the year ended December 31, 2015.
| • | | CFSP: The processing facility has an active certification or is in the process of renewing its certification. |
| • | | TICMC-Active: The processing facility is actively moving through the certification process. |
| • | | TICMC-Progressing: Tungsten processing facilities that have committed to obtain a CFSP certification within two years of membership with the Tungsten Industry-Conflict Minerals Committee (TI-CMC). |
| • | | LBMA: The processing facility has obtained a Responsible Gold Certification from the London Bullion Market Association. |
| • | | LMBA-Pending: The LMBA indicates that the processing facility is working on a Responsible Gold Certificate. |
| • | | RJC: The processing facility has obtained a Chain-of-Custody Certification from the Responsible Jewellery Council. |
| • | | Other: The processing facility has not yet received compliant or active status. |
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