Key Success Factors for Conflict Minerals Legislation: Collecting Data From Suppliers
In conflict minerals legislation, collecting accurate and comprehensive data from suppliers is crucial for ensuring compliance and transparency within the supply chain. Supplier Engagement and Collaboration: Successful implementation of conflict minerals legislation relies on building strong relationships with suppliers. Establish open lines of communication to facilitate the exchange of information regarding mineral sourcing. Data Standardization […]
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Understanding Conflict Minerals: Identifying Their Presence in Your Supply Chain
What are Conflict Minerals? “Conflict minerals” are minerals sourced from regions afflicted by violence and instability, notably tin, tungsten, tantalum, and gold (3TGs) from the Democratic Republic of the Congo (DRC) and surrounding areas. The absence of government control exposes locals to exploitation by armed factions profiting from mineral extraction. Major markets like the U.S. […]
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