Exhibit 1.01
Conflict Minerals Report of Williams-Sonoma, Inc. in Accordance with Rule13p-1 under
the Securities and Exchange Act of 1934
Section 1. Introduction
This is the Conflict Minerals Report of Williams-Sonoma, Inc. (the “Company”) for calendar year 2019 in accordance with Rule13p-1 (“Rule13p-1” or the “Conflict Minerals Rule”) under the Securities and Exchange Act of 1934 (the “1934 Act”). The date of filing of this report is May 29, 2020
This Report contains information regarding all of the Company’s merchandising strategies (Williams Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, Pottery Barn Teen, Williams Sonoma Home, Rejuvenation, and Mark and Graham). Please refer to Rule13p-1, Form SD and the 1934 Act ReleaseNo. 34-67716 for definitions to the terms used in this Report, unless otherwise defined herein.
This report is available athttp://ir.williams-sonomainc.com/sec-filings.
Section 2. Overview
As a retailer of consumer products, the Company is several levels removed from the mining of conflict minerals, does not make direct purchases of raw or unrefined minerals and makes no purchases in a Covered Country (as defined below).
The Company and its merchandising strategies are retailers of high-quality consumer products for the kitchen and home, including kitchen essentials, dinnerware, cookware, electrics, cutlery, furniture, bedding, bathroom accessories, lighting, decorative accessories, rugs, curtains, gifts, hardware, small leather goods, jewelry, and home décor. The Company’s merchandising strategies contract to manufacture some, although not all, of the products they sell. In 2019, the Company purchased merchandise from over 400 suppliers.
Tin, tungsten, tantalum or gold (“3TGs”) are necessary to the functionality of certain lighting and decorative accessories products that the Company contracts to be manufactured(“In-Scope Products”).
Section 3. Conflict Minerals Policy
The Company is committed to corporate responsibility and sustainable practices as is evidenced by our various policies. The Company has established a policy indicating our ongoing efforts in responsible sourcing of Conflict Minerals by our suppliers. The policy is reviewed each year and sent to suppliers for a yearly acknowledgment.
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Section 4. Reasonable Country of Origin Inquiry Information
As required by the Conflict Minerals Rule, the Company conducted a “reasonable country of origin inquiry” (“RCOI”). We designed our RCOI in good faith in an attempt to determine the origin of 3TGs that are necessary to the functionality or production of products that we contract to manufacture. Members of the Company’s Legal Department and Sustainable Development Department identified suppliers of theIn-Scope Products that the Company contracted to have manufactured. These suppliers were generally suppliers of lighting products and decorative accessories. All identified suppliers of theIn-Scope products, approximately 125 suppliers, were contacted as part of our outreach efforts. Not all suppliers provided a response, due to the impacts ofCOVID-19 on their operations.
Based on our 2019 RCOI, these suppliers identified over 300 smelters and refiners that may be in our supply chain, which the Company believes represent the majority of the relevant smelters and refiners. Based on our RCOI, for the smelters that were identified, the Company concluded that all but two of these smelters and refiners sourced entirely from outside Democratic Republic of Congo or an adjoining country (“Covered Country”). One supplier identified two smelters located in two Covered Countries (Uganda, Zambia), but the supplier was not able to determine whether the 3TGs that came from this smelter were in products supplied to us.
Section 5. Due Diligence Procedures Performed
The due diligence exercise performed by the Company conformed to an internationally recognized due diligence framework developed by the Organization for Economic Cooperation and Development as part of its “Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas” (collectively, the “OECD Guidance”).
In accordance with the OECD Guidance, the Company’s due diligence exercise included: 1) review of the previously-adopted Conflict Minerals Policy, which was then sent to relevant suppliers of the Company’s products; 2) review and assessment of risk in our Company’s supply chain; and 3) review of the strategy to identify and respond to risks in the supply chain. There were no significant changes to the due diligence process since December 31, 2018, the end of the period covered in the Company’s most recent prior Conflict Minerals Report.
Use of RBA Conflict Minerals Reporting Template
In performing our due diligence for 2019, the Company continued to use the Responsible Business Alliance, formerly the Electronic Industry Citizenship Coalition, and Global e-Sustainability Initiative’s(“RBA-GsSI”) Conflict Minerals Reporting Template (“CMRT”). The Company contacted each supplier and requested that it complete theRBA-GsSI CMRT.
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Use of a Third-Party Platform for Responses, Support and Review
A third-party vendor was used to streamline this process by allowing suppliers to enter responses via the onlineRBA-GsSI CMRT. This vendor provided support for suppliers in completing the survey and also aggregated the data provided by suppliers so that the Company could review and analyze the data. The vendor also sent reminder emails to eachnon-responsive supplier requesting completion of the report.
Upon completion of the reports, the vendor then reviewed the responses for plausibility, consistency and gaps as identified in its procedures. It followed up by email or phone with suppliers that submitted a response that triggers specified quality control flags, for example, incomplete responses, failure to acknowledge the conflict minerals policy or listing a smelter in a Covered Country.
Responses from Suppliers
The Company requested that each supplier identify whether 3TGs are used in items produced for the Company, whether the minerals were recycled or scrap, and if not recycled or scrap, all the smelters in the supplier’s supply chain, including the name and country of the smelter, and whether those smelters had been validated as conflict-free in accordance with the CFSI program. The Company performed a good-faith review of the responses received from suppliers and performed an assessment of the data and requested additional information from suppliers as appropriate. All suppliers were asked to review the Conflict Minerals Policy and to sign a form acknowledging the policy.
The Company continued due diligence measures undertaken in 2018 for this 2019 reporting period, including:
| • | Internal Management Team.The Company continued to have a cross-functional Conflict Minerals compliance team to oversee the diligence process, which consisted of key personnel in the following departments: Global Operations, Sustainable Development, Legal and Accounting. |
| • | External Resources.The Company also used specialist outside counsel and a third-party software platform to assist with RCOI and due diligence. |
| • | Data Collection and Retention.The Company used a software platform for its collection of information from suppliers regarding their use of 3TGs. The Company continued and continues to maintain these records on the software platform. |
| • | Reports to Senior Management.Members of the cross-functional Conflict Minerals compliance team periodically reported to the Company’s General Counsel and Chief Financial Officer on various aspects of the Company’s conflict minerals compliance program, including mitigation efforts, progress and effectiveness of the Conflict Minerals Policy. |
| • | Risk Management Plan. The Company continued to undertake risk mitigation efforts as deemed to be appropriate based on the findings of our supply chain risk assessment. We determined our risk mitigation efforts on acase-by-case basis, considering the particular facts and circumstances and risks identified. |
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Section 6. Product Information
3TGs are necessary to the functionality of certain lighting and decorative accessories products that the Company contracts to be manufactured. TheIn-Scope Products are lighting and decorative accessories, including some seasonal merchandise, bath hardware, jewelry and tabletop items.
Section 7. Identified Suppliers of Products – Country of Origin Inquiry
Due diligence revealed that necessary 3TGs used inIn-Scope Products were derived from the smelters identified below.
Smelter | Country | |
L’Orfebre S.A. | ANDORRA | |
Morris and Watson Gold Coast | AUSTRALIA | |
Western Australian Mint trading as The Perth Mint | AUSTRALIA | |
Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH | AUSTRIA | |
Wolfram Bergbau und Hutten AG | AUSTRIA | |
Metallo Belgium N.V. | BELGIUM | |
Tony Goetz NV | BELGIUM | |
Umicore S.A. Business Unit Precious Metals Refining | BELGIUM | |
EM Vinto | BOLIVIA | |
Operaciones Metalurgical S.A. | BOLIVIA | |
ACL Metais Eireli | BRAZIL | |
AngloGold Ashanti Corrego do Sitio Mineracao | BRAZIL | |
Estanho de Rondonia S.A. | BRAZIL | |
LSM Brasil S.A. | BRAZIL | |
Magnu’s Minerais Metais e Ligas Ltda. | BRAZIL | |
Marsam Metals | BRAZIL | |
Melt Metais e Ligas S.A. | BRAZIL | |
Mineracao Taboca S.A. | BRAZIL | |
Mineracao Taboca S.A. | BRAZIL | |
Resind Industria e Comercio Ltda. | BRAZIL | |
Resind Industria e Comercio Ltda. | BRAZIL | |
Soft Metais Ltda. | BRAZIL | |
Super Ligas | BRAZIL | |
Umicore Brasil Ltda. | BRAZIL | |
White Solder Metalurgia e Mineracao Ltda. | BRAZIL |
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Asahi Refining Canada Ltd. | CANADA | |
CCR Refinery - Glencore Canada Corporation | CANADA | |
Royal Canadian Mint | CANADA | |
Planta Recuperadora de Metales SpA | CHILE | |
Changsha South Tantalum Niobium Co., Ltd. | CHINA | |
Chenzhou Diamond Tungsten Products Co., Ltd. | CHINA | |
Chenzhou Yunxiang Mining and Metallurgy Co., Ltd. | CHINA | |
Chifeng Dajingzi Tin Industry Co., Ltd. | CHINA | |
China Molybdenum Co. Ltd. | CHINA | |
China Tin Group Co., Ltd. | CHINA | |
Chongyi Zhangyuan Tungsten Co., Ltd. | CHINA | |
CNMC (Guangxi) PGMA Co. Ltd. | CHINA | |
DayeNon-Ferrous Metals Mining Ltd. | CHINA | |
Dongguan Best Alloys co.,ltd | CHINA | |
Dongguan CiEXPO Environmental Engineering Co., Ltd. | CHINA | |
F&X Electro-Materials Ltd. | CHINA | |
FIR Metals & Resource Ltd. | CHINA | |
Fujian Ganmin RareMetal Co. Ltd. | CHINA | |
Fujian Jinxin Tungsten Co., Ltd. | CHINA | |
Ganzhou Haichuang Tungsten Industry Co., Ltd. | CHINA | |
Ganzhou Huaxing Tungsten Products Co., Ltd. | CHINA | |
Ganzhou Jiangwu Ferrotungsten Co., Ltd. | CHINA | |
Ganzhou Seadragon W & Mo Co., Ltd. | CHINA | |
Gejiu City Fuxiang Industry and Trade Co. Ltd. | CHINA | |
Gejiu Fengming Metallurgy Chemical Plant | CHINA | |
Gejiu Kai Meng Industry and Trade LLC | CHINA | |
GejiuNon-Ferrous Metal Processing Co., Ltd. | CHINA | |
Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. | CHINA | |
Gejiu Zili Mining And Metallurgy Co., Ltd. | CHINA | |
Gold Refinery of Zijin Mining Group Co., Ltd. | CHINA | |
Great Wall Precious Metals Co., Ltd. of CBPM | CHINA | |
Guangdong HanheNon-Ferrous Metal Co., Ltd. | CHINA | |
Guangdong Jinding Gold Limited | CHINA | |
Guangdong Rising RareMetals-EO Materials Ltd. | CHINA | |
Guangdong Xianglu Tungsten Co., Ltd. | CHINA | |
Guangdong Zhiyuan New Material Co., Ltd. | CHINA | |
Guanyang Guida Nonferrous Metal Smelting Plant | CHINA | |
Guoda Safina High-Tech Environmental Refinery Co., Ltd. | CHINA | |
Hangzhou Fuchunjiang Smelting Co., Ltd. | CHINA | |
Hengyang King Xing Lifeng New Materials Co., Ltd. | CHINA |
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Heraeus Metals Hong Kong Ltd. | CHINA | |
HuiChang Hill Tin Industry Co., Ltd. | CHINA | |
Huichang Jinshunda Tin Co., Ltd. | CHINA | |
Hunan Chenzhou Mining Co., Ltd. | CHINA | |
Hunan Chenzhou Mining Group Co., Ltd. | CHINA | |
Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji | CHINA | |
Hunan Chunchang Nonferrous Metals Co., Ltd. | CHINA | |
Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd. | CHINA | |
Hunan Litian Tungsten Industry Co., Ltd. | CHINA | |
Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd. | CHINA | |
Jiangwu H.C. Starck Tungsten Products Co., Ltd. | CHINA | |
Jiangxi Copper Co., Ltd. | CHINA | |
Jiangxi Dayu Longxintai Tungsten Co., Ltd. | CHINA | |
Jiangxi Dinghai Tantalum & Niobium Co., Ltd. | CHINA | |
Jiangxi Gan Bei Tungsten Co., Ltd. | CHINA | |
Jiangxi Minmetals Gao’anNon-ferrous Metals Co., Ltd. | CHINA | |
Jiangxi TongguNon-ferrous Metallurgical & Chemical Co., Ltd. | CHINA | |
Jiangxi Tuohong New Raw Material | CHINA | |
Jiangxi Xinsheng Tungsten Industry Co., Ltd. | CHINA | |
Jiangxi Yaosheng Tungsten Co., Ltd. | CHINA | |
Jiujiang Janny New Material Co., Ltd. | CHINA | |
JiuJiang JinXin Nonferrous Metals Co., Ltd. | CHINA | |
Jiujiang Nonferrous Metals Smelting Company Limited | CHINA | |
Jiujiang Zhongao Tantalum & Niobium Co., Ltd. | CHINA | |
Lingbao Gold Co., Ltd. | CHINA | |
Lingbao Jinyuan Tonghui Refinery Co., Ltd. | CHINA | |
Luoyang Zijin Yinhui Gold Refinery Co., Ltd. | CHINA | |
Ma’anshan Weitai Tin Co., Ltd. | CHINA | |
Malipo Haiyu Tungsten Co., Ltd. | CHINA | |
Metalor Technologies (Hong Kong) Ltd. | CHINA | |
Metalor Technologies (Suzhou) Ltd. | CHINA | |
Nankang Nanshan Tin Manufactory Co., Ltd. | CHINA | |
Ningxia Orient Tantalum Industry Co., Ltd. | CHINA | |
Penglai Penggang Gold Industry Co., Ltd. | CHINA | |
Refinery of Seemine Gold Co., Ltd. | CHINA | |
RFH Tantalum Smeltery Co., Ltd./Yanling Jincheng Tantalum & Niobium Co., Ltd. | CHINA | |
RuiQiong China | CHINA |
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Sanmenxia Chaoyang Technology Co., Ltd | CHINA | |
Sanmenxia Zhaoyang Sciene and Technology Ltd | CHINA | |
Shandong Humon Smelting Co. Ltd. | CHINA | |
Shandong Tiancheng Biological Gold Industrial Co., Ltd. | CHINA | |
Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | CHINA | |
Shenzhen Lvqitian solder technology co., ltd | CHINA | |
Sichuan Tianze Precious Metals Co., Ltd. | CHINA | |
South-East Nonferrous Metal Company Limited of Hengyang City | CHINA | |
SZSZL Technology Co., Ltd. | CHINA | |
The Refinery of Shandong Gold Mining Co., Ltd. | CHINA | |
Tongling Nonferrous Metal Group Co., Ltd. | CHINA | |
Xiamen Tungsten (H.C.) Co., Ltd. | CHINA | |
Xiamen Tungsten Co., Ltd. | CHINA | |
Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd. | CHINA | |
Xinhai Rendan Shaoguan Tungsten Co., Ltd. | CHINA | |
XinXing HaoRong Electronic Material Co., Ltd. | CHINA | |
Yunnan ChengfengNon-ferrous Metals Co., LTD | CHINA | |
Yunnan ChengfengNon-ferrous Metals Co., Ltd. | CHINA | |
Yunnan Copper Industry Co., Ltd. | CHINA | |
Yunnan Tin Company Limited | CHINA | |
Yunnan YunfanNon-ferrous Metals Co. Ltd. | CHINA | |
Yushan xuang Dajin metalwork LTD | CHINA | |
Zhejiang suichang huijinnon-ferrous metals limited company | CHINA | |
Zhongyuan Gold Smelter of Zhongjin Gold Corporation | CHINA | |
Safina A.S. | CZECH REPUBLIC | |
Molycorp Silmet A.S. | ESTONIA | |
SAAMP | FRANCE | |
AllgemeineGold-und Silberscheideanstalt A.G. | GERMANY | |
Aurubis AG | GERMANY | |
C. Hafner GmbH + Co. KG | GERMANY | |
Degussa | GERMANY | |
DODUCO Contacts and Refining GmbH | GERMANY | |
Ges. Fuer Wolfram Industries mbH | GERMANY | |
H.C. Starck Hermsdorf GmbH | GERMANY | |
H.C. Starck Smelting GmbH & Co. KG | GERMANY | |
H.C. Starck Tantalum and Niobium GmbH | GERMANY | |
H.C. Starck Tungsten GmbH | GERMANY | |
Heimerle + Meule GmbH | GERMANY |
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Heraeus Precious Metals GmbH & Co. KG | GERMANY | |
SAXONIA Edelmetalle GmbH | GERMANY | |
Umicore Galvanotechnik GMBH | GERMANY | |
WIELAND Edelmetalle GmbH | GERMANY | |
Bangalore Refinery | INDIA | |
CGR Metalloys Pvt Ltd. | INDIA | |
GCC Gujrat Gold Centre Pvt. Ltd. | INDIA | |
Metallurgical Products India Pvt., Ltd. | INDIA | |
MMTC-PAMP India Pvt., Ltd. | INDIA | |
Precious Minerals and Smelting Limited | INDIA | |
Sai Refinery | INDIA | |
Sovereign Metals | INDIA | |
CV Ayi Jaya | INDONESIA | |
CV Dua Sekawan | INDONESIA | |
CV Gita Pesona | INDONESIA | |
CV Serumpun Sebalai | INDONESIA | |
CV Tiga Sekawan | INDONESIA | |
CV United Smelting | INDONESIA | |
CV Venus Inti Perkasa | INDONESIA | |
PT Aneka Tambang (Persero) Tbk | INDONESIA | |
PT Aries Kencana Sejahtera | INDONESIA | |
PT Artha Cipta Langgeng | INDONESIA | |
PT ATD Makmur Mandiri Jaya | INDONESIA | |
PT Babel Inti Perkasa | INDONESIA | |
PT Babel Surya Alam Lestari | INDONESIA | |
PT Bangka Prima Tin | INDONESIA | |
PT Bangka Serumpun | INDONESIA | |
PT Bangka Tin Industry | INDONESIA | |
PT Belitung Industri Sejahtera | INDONESIA | |
PT Bukit Timah | INDONESIA | |
PT DS Jaya Abadi | INDONESIA | |
PT Inti Stania Prima | INDONESIA | |
PT Karimun Mining | INDONESIA | |
PT Kijang Jaya Mandiri | INDONESIA | |
PT Lautan Harmonis Sejahtera | INDONESIA | |
PT Menara Cipta Mulia | INDONESIA | |
PT Mitra Stania Prima | INDONESIA | |
PT Panca Mega Persada | INDONESIA | |
PT Prima Timah Utama | INDONESIA | |
PT Rajawali Rimba Perkasa | INDONESIA |
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PT Refined Bangka Tin | INDONESIA | |
PT Sariwiguna Binasentosa | INDONESIA | |
PT Stanindo Inti Perkasa | INDONESIA | |
PT Sukses Inti Makmur | INDONESIA | |
PT Sumber Jaya Indah | INDONESIA | |
PT Timah (Persero) Tbk Kundur | INDONESIA | |
PT Timah (Persero) Tbk Mentok | INDONESIA | |
PT Tinindo Inter Nusa | INDONESIA | |
PT Tirus Putra Mandiri | INDONESIA | |
PT Tommy Utama | INDONESIA | |
8853 S.p.A. | ITALY | |
Chimet S.p.A. | ITALY | |
Italpreziosi | ITALY | |
OGENKIDE Srl | ITALY | |
Safimet S.p.A | ITALY | |
T.C.A S.p.A | ITALY | |
A.L.M.T. TUNGSTEN Corp. | JAPAN | |
Aida Chemical Industries Co., Ltd. | JAPAN | |
Asahi Pretec Corp. | JAPAN | |
Asaka Riken Co., Ltd. | JAPAN | |
Chugai Mining | JAPAN | |
Dowa | JAPAN | |
Eco-System Recycling Co., Ltd. | JAPAN | |
Global Advanced Metals Aizu | JAPAN | |
H.C. Starck Ltd. | JAPAN | |
Ishifuku Metal Industry Co., Ltd. | JAPAN | |
Japan Mint | JAPAN | |
Japan New Metals Co., Ltd. | JAPAN | |
JX Nippon Mining & Metals Co., Ltd. | JAPAN | |
Kojima Chemicals Co., Ltd. | JAPAN | |
Liquidgold Japan | JAPAN | |
Matsuda Sangyo Co., Ltd. | JAPAN | |
Mitsubishi Materials Corporation | JAPAN | |
Mitsubishi Materials Corporation | JAPAN | |
Mitsui Mining and Smelting Co., Ltd. | JAPAN | |
Mitsui Mining and Smelting Co., Ltd. | JAPAN | |
Nihon Material Co., Ltd. | JAPAN | |
Ohura Precious Metal Industry Co., Ltd. | JAPAN | |
Sumitomo Metal Mining Co., Ltd. | JAPAN | |
Taki Chemical Co., Ltd. | JAPAN |
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Tanaka Kikinzoku Kogyo K.K. | JAPAN | |
Tokuriki Honten Co., Ltd. | JAPAN | |
Yamakin Co., Ltd. | JAPAN | |
Yokohama Metal Co., Ltd. | JAPAN | |
Kazakhmys Smelting LLC | KAZAKHSTAN | |
Kazzinc | KAZAKHSTAN | |
TOOTau-Ken-Altyn | KAZAKHSTAN | |
Ulba Metallurgical Plant JSC | KAZAKHSTAN | |
Daejin Indus Co., Ltd. | KOREA, REPUBLIC OF | |
DS PRETECH Co., Ltd. | KOREA, REPUBLIC OF | |
DSC (Do Sung Corporation) | KOREA, REPUBLIC OF | |
HeeSung Metal Ltd. | KOREA, REPUBLIC OF | |
HwaSeong CJ CO., LTD. | KOREA, REPUBLIC OF | |
KGETS CO., LTD. | KOREA, REPUBLIC OF | |
Korea Zinc Co., Ltd. | KOREA, REPUBLIC OF | |
LS-NIKKO Copper Inc. | KOREA, REPUBLIC OF | |
NH Recytech Company | KOREA, REPUBLIC OF | |
Samduck Precious Metals | KOREA, REPUBLIC OF | |
SAMWON METALS Corp. | KOREA, REPUBLIC OF | |
SungEel HiMetal Co., Ltd. | KOREA, REPUBLIC OF | |
Torecom | KOREA, REPUBLIC OF | |
Woltech Korea Co., Ltd. | KOREA, REPUBLIC OF | |
Kyrgyzaltyn JSC | KYRGYZSTAN | |
State Research Institute Center for Physical Sciences and Technology | LITHUANIA | |
Power Resources Ltd. | MACEDONIA | |
Malaysia Smelting Corporation (MSC) | MALAYSIA | |
Modeltech Sdn Bhd | MALAYSIA | |
Modeltech Sdn Bhd | MALAYSIA | |
Caridad | MEXICO | |
KEMET Blue Metals | MEXICO | |
MetalurgicaMet-Mex Penoles S.A. De C.V. | MEXICO | |
Pongpipat Company Limited | MYANMAR | |
Remondis Argentia B.V. | NETHERLANDS | |
Morris and Watson | NEW ZEALAND | |
Minsur | PERU | |
Bangko Sentral ng Pilipinas (Central Bank of the Philippines) | PHILIPPINES | |
O.M. Manufacturing Philippines, Inc. | PHILIPPINES | |
Philippine Chuangxin Industrial Co., Inc. | PHILIPPINES | |
Fenix Metals
| POLAND |
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KGHM Polska Miedz Spolka Akcyjna | POLAND | |
Hydrometallurg, JSC | RUSSIAN FEDERATION | |
JSC “Kirovgrad Hard Alloys Plant” | RUSSIAN FEDERATION | |
JSC EkaterinburgNon-Ferrous Metal Processing Plant | RUSSIAN FEDERATION | |
JSC Uralelectromed | RUSSIAN FEDERATION | |
Kyshtym Copper-Electrolytic Plant ZAO | RUSSIAN FEDERATION | |
Moliren Ltd. | RUSSIAN FEDERATION | |
Moscow Special Alloys Processing Plant | RUSSIAN FEDERATION | |
OJSC “The Gulidov KrasnoyarskNon-Ferrous Metals Plant” (OJSC Krastsvetmet) | RUSSIAN FEDERATION | |
OJSC Novosibirsk Refinery | RUSSIAN FEDERATION | |
Prioksky Plant ofNon-Ferrous Metals | RUSSIAN FEDERATION | |
SOE Shyolkovsky Factory of Secondary Precious Metals | RUSSIAN FEDERATION | |
Solikamsk Magnesium Works OAO | RUSSIAN FEDERATION | |
Unecha Refractory metals plant | RUSSIAN FEDERATION | |
L’ azurde Company For Jewelry | SAUDI ARABIA | |
Metalor Technologies (Singapore) Pte., Ltd. | SINGAPORE | |
AU Traders and Refiners | SOUTH AFRICA | |
Rand Refinery (Pty) Ltd. | SOUTH AFRICA | |
Metallo Spain S.L.U. | SPAIN | |
SEMPSA Joyeria Plateria S.A. | SPAIN | |
Sudan Gold Refinery | SUDAN | |
Boliden AB | SWEDEN | |
Argor-Heraeus S.A. | SWITZERLAND | |
Cendres + Metaux S.A. | SWITZERLAND | |
Metalor Technologies S.A. | SWITZERLAND | |
PAMP S.A. | SWITZERLAND | |
PX Precinox S.A. | SWITZERLAND | |
Valcambi S.A. | SWITZERLAND | |
Lianyou Metals Co. Ltd. | TAIWAN | |
Rui Da Hung | TAIWAN | |
Singway Technology Co., Ltd. | TAIWAN | |
Solar Applied Materials Technology Corp. | TAIWAN | |
H.C. Starck Co., Ltd. | THAILAND | |
O.M. Manufacturing (Thailand) Co., Ltd. | THAILAND | |
Thaisarco | THAILAND | |
Umicore Precious Metals Thailand | THAILAND | |
Atasay Kuyumculuk Sanayi Ve Ticaret A.S. | TURKEY | |
Istanbul Gold Refinery | TURKEY | |
Nadir Metal Rafineri San. Ve Tic. A.S. | TURKEY |
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African Gold Refinery | UGANDA | |
Al Etihad Gold LLC | UNITED ARAB EMIRATES | |
Dijllah Gold Refinery FZC | UNITED ARAB EMIRATES | |
Emirates Gold DMCC | UNITED ARAB EMIRATES | |
Fujairah Gold FZC | UNITED ARAB EMIRATES | |
International Precious Metal Refiners | UNITED ARAB EMIRATES | |
Kaloti Precious Metals | UNITED ARAB EMIRATES | |
Abington Reldan Metals, LLC | UNITED STATES | |
Advanced Chemical Company | UNITED STATES | |
Alpha | UNITED STATES | |
Asahi Refining USA Inc. | UNITED STATES | |
CP Metals Inc. | UNITED STATES | |
D Block Metals, LLC | UNITED STATES | |
Exotech Inc. | UNITED STATES | |
Geib Refining Corporation | UNITED STATES | |
Global Advanced Metals Boyertown | UNITED STATES | |
Global Tungsten & Powders Corp. | UNITED STATES | |
H.C. Starck Inc. | UNITED STATES | |
KEMET Blue Powder | UNITED STATES | |
Kennametal Fallon | UNITED STATES | |
Kennametal Huntsville | UNITED STATES | |
Kennecott Utah Copper LLC | UNITED STATES | |
Materion | UNITED STATES | |
Metallic Resources, Inc. | UNITED STATES | |
Metalor USA Refining Corporation | UNITED STATES | |
Niagara Refining LLC | UNITED STATES | |
Pease & Curren | UNITED STATES | |
QG Refining, LLC | UNITED STATES | |
QuantumClean | UNITED STATES | |
Sabin Metal Corp. | UNITED STATES | |
Telex Metals | UNITED STATES | |
Tin Technology & Refining | UNITED STATES | |
United Precious Metal Refining, Inc. | UNITED STATES | |
Almalyk Mining and Metallurgical Complex (AMMC) | UZBEKISTAN | |
Navoi Mining and Metallurgical Combinat | UZBEKISTAN | |
An Vinh Joint Stock Mineral Processing Company | VIET NAM |
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Asia Tungsten Products Vietnam Ltd. | VIET NAM | |
Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company | VIET NAM | |
Nghe TinhNon-Ferrous Metals Joint Stock Company | VIET NAM | |
Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC | VIET NAM | |
Tejing (Vietnam) Tungsten Co., Ltd. | VIET NAM | |
Thai Nguyen Mining and Metallurgy Co., Ltd. | VIET NAM | |
Tuyen QuangNon-Ferrous Metals Joint Stock Company | VIET NAM | |
UMICORE GAHANOTECHNIK GmbH. | VIET NAM | |
Universal Precious Metals Refining Zambia | ZAMBIA | |
Fidelity Printers and Refiners Ltd. | ZIMBABWE |
The description of the Company’s due diligence exercise set forth above under the heading “Section 5. Due Diligence Procedures Performed” explains the Company’s efforts to determine the mine or location of origin with the greatest possible specificity.
Section 8. Future Efforts to Mitigate Risk
The Company intends to continuously improve upon its due diligence efforts related to 3TGs. The Company will continue to:
| • | Use revised and updated versions of the CMRT for its survey tools; |
| • | Monitor and encourage the continued development and progress of traceability measures for suppliers; and |
| • | Engage with suppliers to provide responses or complete responses in 2020. |
Section 9. Forward Looking Statements
This document contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or are proven incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. You can identify some of the forward-looking statements by the use of forward-looking words, such as “intend” or the use of future tense. Statements concerning current conditions may also be forward-looking if they imply a continuation of current conditions. Examples of forward-looking statements include, but are not limited to, statements concerning the additional steps that the Company intends to take to mitigate risk with respect to 3TGs used in our products and that a smelter in a Covered Country was used by one of our suppliers, although we do not know whether 3TGs from that smelter were used in the products the supplier provided to us.
The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to: (1) the continued implementation of satisfactory traceability and other compliance measures by the Company’s
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direct, on a timely basis or at all, (2) whether suppliers and other market participants responsibly source 3TGs, and (3) political and regulatory developments, whether in the DRC region, the United States, or elsewhere. You are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of filing of this document. All forward-looking statements in this Report are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.
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