EX-1.01 2 exhibit_1-01.htm EXHIBIT 1.01

 
EXHIBIT 1.01
 
ITURAN LOCATION AND CONTROL LTD
Conflict Minerals Report
For the Year ended December 31, 2015
 
This Conflict Mineral Report ("CMR") of Ituran Location and Control (herein reffered to as "Ituran", "The Company", "we", "us" or "our") for the calendar year 2015 was prepared pursuant to Rule 13p-1 under the Securities Exchange Act of 1934 as amended (the “Rule”), which was promulgated in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 to implement reporting disclosure, and other requirements on registrants that manufacture, or contract to manufacture, products that contain conflict minerals (in the form of gold tin, tantalum, and tungsten and their derivatives (collectively “3TG Metals”)) which are necessary to the functionality or production of those products.

We have determined that some 3TG Metals are present and were required for manufacture of certain Ituran products which were contracted to be manufactured by us or by our consolidated subsidiary in calendar year 2015. We have conducted a reasonable country of origin inquiry ("RCOI") on the relevant supply chains in a good faith manner designed to determine whether any of the 3TG Metals contained in such products originated in the Democratic Republic of the Congo or an adjoining country (“DRC”) or were from recycled or scrap sources.
 
Further, once we had reason to believe that some portion of the 3TG Metals in our products may have originated from DRC, and were not from recycled or scrap sources, we have exercised due diligence according to the OECD Due Diligence Guidance for Responsible Supply Chains (third edition) ("OECD Guidance") on the source and chain of custody of the 3TG Metals in our relevant 2015 supply chain. The OECD Guidance “distinguishes between the roles of and the corresponding due diligence recommendations addressed to upstream companies and downstream companies in the supply chain. Accordingly, ‘upstream’ means the mineral supply chain from the mine to smelters or refineries ("SOR"), and downstream means the minerals supply chain from smelters/refiners to retailers. References to upstream and downstream throughout this CMR should be read as relying on these definitions. We are a downstream company, which is located several tiers above the SOR and don’t have direct relations with SOR, we followed the Conflict-Free Sourcing Initiative Five Practical Steps to Support SEC Conflict Minerals Disclosure (Version 2.0) ("CFSI steps"), which provides practical interpretation of OECD guidelines for Conflict Minerals due diligence for downstream companies.
 
Despite our efforts, we did not receive timely, complete and sufficient information from some of our suppliers to determine the country of origin and SOR of the 3TG Metals used in 4 of our products (out of 225 in total). Our due diligence we exercised includes the steps that we are taking to mitigate the risk that the 3TG Metals included in our products benefit armed groups in the DRC and the steps to improve our due diligence efforts.

Pursuant to SEC guidance issued April 29, 2014 and the SEC order issued May 2, 2014, we are not required to describe any of our products as “DRC conflict free” (as defined in Section 1, Item 1.01(d)(4) of Form SD), “DRC conflict undeterminable” (as defined in Section 1, Item 1.01(d)(5) of Form SD) or “having not been found to be ‘DRC conflict free,’” and therefore we make no conclusion in this regard in this CMR. Furthermore, given that we have not voluntarily elected to describe any of our products as “DRC conflict free,” an independent private sector audit of this CMR does not have to be conducted and therefore it was not included in this CMR.

We have prepared this CMR for filing as an exhibit to our Form SD. This CMR includes a description of the measures we have taken to perform RCOI, the measures we have taken to exercise due diligence and a list of the identified SORs.

1. Overview of our Company
 
Ituran provides location-based services, consisting predominantly of stolen vehicle recovery and tracking services, as well as wireless communications products used in connection with its location-based services and various other applications. Ituran offers mobile asset location, Stolen Vehicle Recovery, management & control services for vehicles, cargo and personal security. Ituran’s subscriber base has been growing significantly since the Company’s inception to over 985,000 subscribers distributed globally. Established in 1995, Ituran has approximately 1,500 employees worldwide, provides its location based services in Israel, Brazil, Argentina and the United States.


We obtain products from two primary sources: (1) self-production by our consolidated subsidiary's (E.R.M. Electronic Systems Limited) manufacturing facilities, and (2) from a third party manufacturer (Telematics Wireless Ltd).

For more information, on our business is available in our Annual Report on Form 20-F for fiscal 2015 please visit Ituran’s website, at: www.ituran.com

2. Reasonable Country of Origin Inquiry (RCOI)

We have assessed our suppliers including the suppliers of our consolidated subsidiary (ERM) on the likelihood that the products they supplied to us contain 3TG Metals, and then determined which suppliers to survey. We conducted our survey of the selected suppliers using the template developed by the Electronic Industry Citizenship Coalition® (“EICC®”) and The Global e-Sustainability Initiative (“GeSI”), known as the Conflict Free Smelter Initiative (“CFSI”) Conflict Minerals Reporting Template ("CMRT"). CMRT is a commonly used Template which was developed by CFSI to facilitate disclosure and communication of information regarding SORs who provide 3TG Metals to a company’s supply chain. CMRT includes questions regarding a company’s conflict-free policy and engagement with its direct suppliers, and requests a listing of the SORs used by the company and its suppliers. CMRT also contains questions about the origin of 3TG Metals included in the company’s products, as well as questions regarding supplier due diligence. Because of our size, the complexity of our products, and the depth, breadth, and constant evolution of our supply chain, it is difficult to identify suppliers upstream from our direct suppliers. We rely on our direct suppliers to provide us with information about the source of 3TG Metals contained in the components, and finished products supplied to us by those suppliers. In most instances, our direct suppliers are similarly reliant upon information provided by their suppliers.

Although our suppliers have identified the presence of some of the Conflict Minerals and provided information on the smelters based on the completed due diligence provided thus far, some suppliers also have indicated that their due diligence is not complete. We continue to work with these suppliers to get additional information regarding the SORs that provide 3TG Metals to our suppliers.

Based on our supplier responses and internal analysis, we determined that some of our products may contain 3TG Metals which originate from the DRC, and therefore we are required according to the Rule to conduct due diligence.

3. Our Conflict Minerals Due Diligence Program Design

We have designed our conflict minerals due diligence in accordance with the principles of the OECD Guidance and CFSI steps appropriate for downstream companies in our position in the mineral supply chain. We are a downstream company. We do not procure any conflict minerals, 3TG Metals or 3TG Metals containing products from smelters, refiners or scrap processors. We purchase and rely on specialized products comprised in part of 3TG metals. We procure these products from various suppliers who themselves are downstream actors in the supply chain. Our due diligence design incorporates the same five elements recommended by OECD Guidance: (1) a management systems, (2) explore risks in the supply chain, (3) risk management plan, (4) support of SOR auditing, and (5) Report findings. Our due diligence design is also influenced by our Conflict Minerals Compliance Policy and Code of conduct of Ituran's Suppliers and Agents, which articulates our commitment to monitoring our supply chain to assure that we don’t use products with conflict minerals which directly or indirectly supporting civil violence or human rights abuses in DRC.


4. Our Due Dilligence Process following OECD Guidance
 
 
4.1.
 Management Systems.
 
We developed a management system to implement our conflict minerals due diligence which is adjusted to us being a downstream company. We have adopted Conflict Minerals Compliance Policy and a Code of conduct of Ituran's Suppliers and Agents ("Code of Conduct"), which are available on our website www.ituran.com. Our senior management supported the development of our Conflict Minerals Policy and monitored the results of our due diligence efforts. We assembled an internal team, led by our CFO, and includes the technical team from one of Ituran's consolidated companies, an external legal, financial, and quality experts. We have established a system of controls and transparency over the conflict minerals supply-chain, by notifying our suppliers of our Code of Conduct and requesting them to agree to its terms. We have requested from our suppliers which we unidentified to provide us with CMRT disclosures, which allows us to collect and retain information on their SORs and 3TG Metals in their supply chain. We strengthen the engagement with our relevant suppliers, by requesting them to accept the terms of our Code of Conduct on Conflict Minerals, and working with them on improving their due diligence and CMRT reports. As being a downstream company, we don’t have any direct ability to affect upstream companies in our supply chain. Nevertheless, we have established a company grievance mechanism in form of a compliance hotline email: Eli_K@ituran.com, through which any interested party may ask questions or report concerns, including those regarding 3TG Metals.
 
 
4.2.
 Explore Risks in the Supply Chain
 
We identified the products that we manufactured, or contracted to manufacture, containing necessary 3TG Metals for the 2015 reporting period. This exercise resulted in the compilation of a list of suppliers and contract manufacturers that provided products containing 3TG Metals to us in 2015 (the “3TG Metals Supplier List”). We requested each entity on our 3TG Metals Supplier List to provide us with a CMRT. The CMRT among other requirements, prompts the Supplier to investigate its 3TG Metals supply chain tracing back to the SOR or scrap processor. The cover letter accompanying each CMRT outlines the Rule, explains the purpose and intent of the CMRT, and directed Suppliers to on-line CFSI training materials. These training materials provides our Suppliers with an overview of the due diligence objectives and guidance on filling out the CMRT. Most of our suppliers are well aware of their obligations and of rules governing conflict minerals, and have provided their CMRT in a timely manner. We have reviewed our suppliers CMRT responses for completeness and assessed whether further outreach to individual suppliers was necessary. We compared the names of the disclosed smelters and refiners in the CMRT responses to the list of entities that CFSI has confirmed to be true 3TG metals SORs (“CFSI Standard Smelter Names List”). We then compiled the CMRT data into our database. We generated a list of the SORs that are potentially associated with our 3TG Metals supply chain for 2015 ("List"). We cannot confirm that all SORs on this List processed the necessary 3TG Metals contained in our products. Most of our suppliers identified all SORs in their entire supply chain, rather than tailor their CMRT responses to the smelters and refiners associated with a particular product line sold to us specifically. In addition, we reviewed the completion of the CMRT, and looked for contradictions in the CMRTs and their reasonableness. In the event we found that there is missing or unclear information in the CMRT report, we have contacted the relevant supplier to require to complete the information or to provide reasonable and satisfying explanations, as applicable.

We review the data received from our suppliers with respect to smelters and refiners and compare such information against the lists of SOR's that have received either “Conflict-Free Smelters & Refineries" or a “Active Smelters & Refiners” designation from the CFSI. We viewed a CFSI Compliant designation as an indicator that the supply chain upstream of the SOR was not engaged in conduct that directly or indirectly financed or benefited armed groups in a Covered Country. We also reviewed available information from CFSI concerning the location and country of origin of the 3TG Metals sourced by SORs verified as CFSI Compliant on our List.
 
 
4.3.
 Develop a Risk Management Plan
 
Our internal team has reviewed the final List of SOR, and all the received CMRT reports, and reported the findings to our senior management. As the active risk management contemplated by the OECD Guidance is in the responsibility of the SORs themselves, and as we are only a downstream company, may work through our supply chain to understand which SORs are in our supply chain, and to determine if more investigation is required. Most of our suppliers have provided us complete CMRT reports, except a single supplier which is responsible only for 4 out of 225 products and components we use. In addition, few of our suppliers stated within their CMRT that a small amount of their 3TG Metals suppliers SORs are unknown or they haven’t themselves received the complete information on their SORs from their own suppliers. We have implemented a risk management plan to monitor these suppliers, and to work on engaging with these suppliers during the period until our next report, in order to improve their disclosure.
 

4.4. Support of SOR auditing
 
Due to us being a downstream company, we are not able to carry out independent third-party audit of supply chain due diligence at identified points in the supply chain. We do not purchase any 3TG Minerals directly from mines and we are many steps removed in the supply chain from the mining of the conflict minerals. We purchase materials used in our products from our suppliers and some of those materials contribute 3TG Metals necessary to our products and/or production process. The origin of 3TG Metals cannot be determined with any certainty once the ores are smelted and/or refined and converted to bullions, ingots or other smelted or refined derivatives. The SORs are consolidating points for ore and are in the best position in the total supply chain to know the origin of the ores. We rely on our direct suppliers to assist with our RCOI and due diligence efforts, including the identification of SORs, for the conflict minerals contained in the materials which they supply to us, and we also rely upon industry organizations (for example, EICC and CFSI) efforts to influence SORs to get audited and certified through CFSI's CFS programs. We considering of methods to contribute to an assessment scheme that facilitates third-party audits of SORs.

4.5. Report Findings
 
We have compiled our results of RCOI and our due diligence and we have filed this report in accordance with the Rule through the use of the Form SD and the attachment of this CMR. Further information is also available by reviewing our Conflict Minerals Policy and Code of Conduct which are available at www.ituran.com.

5. 2015 Conflict Minerals Program Results
 
The response rate among suppliers surveyed in 2015 was approximately 93%. Among the supplier responses, we identified 368 SORs as potential sources of 3TG Metals that were reported to be in the supply chain through the end of the 2015 calendar year. Out of them we have identified that 260 SORs are fall in one of the abovementioned two designations from CFSI either “Conflict-Free Smelters & Refineries" (224 SORs) or a “Active Smelters & Refiners” (36 SORs).
 
Based on the information provided by our suppliers through the end of the 2015 calendar year, we believe that the SORs that may have been used to process the 3TG Metals in our products include the SORs listed in Annex A hereto.

6. Future Activities
 
We are continuing to refine and expand the list of SORs. We believe that seeking information about SORs in our supply chain represents the most reasonable effort we can make to determine the locations of origin of the 3TG Metals in our supply chain.
 
During 2016, we plan to continue to review and evolve our due diligence and RCOI processes with respect to 3TG Metals. During 2016 we expect to: (1) continue to engage with our unresponsive suppliers (2) further develop the engagement and collaboration with our suppliers with aim of continued improvement of our supplier response rate, reliability and quality; (3) refine the process of our due diligence.

7. Forward Looking Statements
 
Certain of the matters discussed in this CMR, including in particular our due diligence processes, include "forward-looking statements" within the meaning of the Securities Act of 1933, as amended.  These forward-looking statements include, but are not limited to, our plans, objectives, expectations and intentions and other statements contained in this CMR that are not historical facts as well as statements identified by words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates" or words of similar meaning. These statements are based on our current beliefs or expectations and are inherently subject to significant uncertainties and changes in circumstances, many of which are beyond our control. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. We expressly disclaim a duty to provide updates to these forward-looking statements after the date of this filing to reflect events or changes in circumstances or changes in expectations or the occurrence of anticipated events.
 
The information included on our website and other materials referenced in this CMR are not incorporated by reference in this CMR.


Annex A

SOR Name
SOR Country
Gold
Tungsten
Tantalum
Tin
CFSI Compliant / Active / None
A.L.M.T. TUNGSTEN Corp.
Japan
 
 
*
 
Compliant
ACL Metais Eireli
Brazil
 
*
 
 
Active
Advanced Chemical Company
USA
*
 
 
 
Compliant
Aida Chemical Industries Co., Ltd.
Japan
*
 
 
 
Compliant
Air Products
USA
 
*
 
 
None
Aktyubinsk Copper Company TOO
Russian Federation
*
 
 
 
None
Al Etihad Gold Refinery DMCC
United Arab Emirates
*
 
 
 
None
Allgemeine Gold-und Silberscheideanstalt A.G.
Germany
*
 
 
 
Compliant
Almalyk Mining and Metallurgical Complex (AMMC)
Uzbekistan
*
 
 
 
Compliant
Alpha
USA
 
 
 
*
Compliant
American Iron and Metal
USA
 
 
 
*
None
An Thai Minerals Company Limited
Vietnam
 
 
 
*
Active
An Vinh Joint Stock Mineral Processing Company
Vietnam
 
 
 
*
Active
AngloGold Ashanti Córrego do Sítio Minerção
Brazil
*
 
 
 
Compliant
Argor-Heraeus SA
Switzerland
*
 
 
 
Compliant
Asahi Pretec Corporation
Japan
 
 
 
 
Compliant
Asahi Refining Canada Ltd.
USA
*
 
 
 
Compliant
Asahi Refining USA Inc.
USA
 
 
 
 
Compliant
Asaka Riken Co., Ltd.
Japan
*
 
 
 
Compliant
Asia Tungsten Products Vietnam Ltd.
Vietnam
 
*
 
 
Compliant
Atasay Kuyumculuk Sanayi Ve Ticaret A.S.
Turkey
*
 
 
 
None
Aurubis AG
Germany
*
 
 
 
Compliant
Avon Specialty Metals Ltd
United Kingdom
 
 
*
 
None
Bangko Sentral ng Pilipinas (Central Bank of the Philippines)
Philippines
*
 
 
 
Compliant
Bauer Walser AG
Germany
*
 
 
 
None
Boliden AB
Sweden
*
 
 
 
Compliant
Brinkmann Chemie AG
USA
 
*
 
 
None
C. Hafner GmbH + Co. KG
Germany
*
 
 
 
Compliant
Caridad
Mexico
*
 
 
 
None
CCR Refinery - Glencore Canada Corporation
Mexico
*
 
 
 
Compliant
 

 
SOR Name
SOR Country
Gold
Tungsten
Tantalum
Tin
CFSI Compliant / Active / None
Cendres + Métaux SA
Switzerland
*
 
 
 
Active
Changsha South Tantalum Niobium Co., Ltd.
China
 
*
 
 
Compliant
Chenzhou Diamond Tungsten Products Co., Ltd.
China
 
*
 
 
Compliant
Chenzhou Yunxiang Mining and Metallurgy Company Limited
China
 
 
 
*
Active
Chimet S.p.A.
Italy
*
 
 
 
Compliant
China Gold Deal Investment Co., Ltd.
China
*
 
 
 
None
China National Gold Group Corporation
China
*
 
 
 
None
China Tin Group Co., Ltd.
China
 
 
 
*
Compliant
CHIN-LEEP ENTERPRISE CO., LTD.
Taiwan
*
 
 
 
None
Chongyi Zhangyuan Tungsten Co., Ltd.
China
 
*
 
 
Compliant
Chugai Mining
Japan
*
 
 
 
None
CNMC (Guangxi) PGMA Co., Ltd.
China
 
 
 
*
None
Codelco
Chile
*
 
 
 
None
Colt Refining
USA
*
 
 
 
None
Conghua Tantalum and Niobium Smeltry
China
 
 
*
 
Compliant
Cooperativa Metalurgica de Rondônia Ltda.
Brazil
 
 
 
*
Compliant
CV Ayi Jaya
Brazil
 
 
 
*
Compliant
CV Dua Sekawan
Indonesia
 
 
 
*
Compliant
CV Duta Putra Bangka
Indonesia
 
 
 
*
None
CV Gita Pesona
Indonesia
 
 
 
*
Compliant
CV Makmur Jaya
Indonesia
 
 
 
*
None
CV Serumpun Sebalai
Indonesia
 
 
 
*
Compliant
CV Tiga Sekawan
Indonesia
 
 
 
*
Active
CV United Smelting
Indonesia
 
 
 
*
Compliant
CV Venus Inti Perkasa
Indonesia
 
 
 
*
Compliant
D Block Metals, LLC
USA
 
 
*
 
Compliant
Daejin Indus Co., Ltd.
Korea
*
 
 
 
Active
DaeryongENC
Korea
*
 
 
 
None
Daye Non-Ferrous Metals Mining Ltd.
China
*
 
 
 
None
Dayu Jincheng Tungsten Industry Co., Ltd.
China
 
*
 
 
None
Dayu Weiliang Tungsten Co., Ltd.
China
 
*
 
 
None
Do Sung Corporation
Korea
*
 
 
 
Active
DODUCO GmbH
Germany
*
 
 
 
Compliant
Dongguan Standard Electronic Material.Co.,Ltd
China
*
 
 
 
None
 

 
SOR Name
SOR Country
Gold
Tungsten
Tantalum
Tin
CFSI Compliant / Active / None
Dowa
Japan
*
 
 
*
Compliant
Dowa Metals & Mining.
China
*
 
 
 
Compliant
DSC (Do Sung Corporation)
Korea
*
 
 
 
Active
Duoluoshan
China
 
 
*
 
Compliant
E.S.R. Electronics
USA
 
 
*
 
Active
Eco-System Recycling Co., Ltd.
Japan
*
 
 
 
Compliant
Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company
Vietnam
 
 
 
*
Active
Elemetal Refining, LLC
USA
*
 
 
 
Compliant
Elmet S.L.U. (Metallo Group)
Spain
 
 
 
*
Compliant
EM Vinto
Bolivia
 
 
 
*
Compliant
Emirates Gold DMCC
United Arab Emirates
*
 
 
 
Compliant
Estanho de Rondônia S.A.
Brazil
 
 
 
*
None
Exotech Inc.
USA
 
 
*
 
Compliant
F&X Electro-Materials Ltd.
China
 
 
*
 
Compliant
Faggi Enrico S.p.A.
italy
*
 
 
 
Active
Feinhütte Halsbrücke GmbH
Germany
 
 
 
*
None
Fenix Metals
Poland
 
 
 
*
Compliant
Fidelity Printers and Refiners Ltd.
Zimbabwe
*
 
 
 
None
FIR Metals & Resource Ltd.
China
 
 
*
 
Compliant
Fujian Jinxin Tungsten Co., Ltd.
China
 
*
 
 
Compliant
Gansu Seemine Material Hi-Tech Co., Ltd.
China
*
 
 
 
None
Ganxian Shirui New Material Co., Ltd.
China
 
*
 
 
None
Ganzhou Huaxing Tungsten Products Co., Ltd.
China
*
 
 
 
Compliant
Ganzhou Jiangwu Ferrotungsten Co., Ltd.
China
 
*
 
 
Compliant
Ganzhou Non-ferrous Metals Smelting Co., Ltd.
China
 
*
 
 
None
Ganzhou Seadragon W & Mo Co., Ltd.
China
 
*
 
 
Compliant
Ganzhou Yatai Tungsten Co., Ltd.
China
 
*
 
 
Compliant
Geib Refining Corporation
USA
 
*
 
 
Active
Gejiu Fengming Metalurgy Chemical Plant
China
 
 
 
*
Active
Gejiu Kai Meng Industry and Trade LLC
China
 
 
 
*
Active
Gejiu Non-Ferrous Metal Processing Co., Ltd.
China
 
 
 
*
Compliant
Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.
China
 
 
 
*
Active
Gejiu Zili Mining And Metallurgy Co., Ltd.
China
 
 
 
*
None
Global Advanced Metals Aizu
Japan
 
 
*
 
Compliant
 

SOR Name
SOR Country
Gold
Tungsten
Tantalum
Tin
CFSI Compliant / Active / None
Global Advanced Metals Boyertown
USA
 
 
*
 
Compliant
Global Tungsten & Powders Corp.
USA
 
*
 
 
Compliant
Great Wall Precious Metals Co., Ltd. of CBPM
China
*
 
 
 
None
Guangdong Jinding Gold Limited
China
*
 
 
 
None
Guangdong Xianglu Tungsten Co., Ltd.
China
 
*
 
 
Compliant
Guangdong Zhiyuan New Material Co., Ltd.
China
 
 
*
 
Compliant
Guanyang Guida Nonferrous Metal Smelting Plant
China
 
 
 
*
Active
Guoda Safina High-Tech Environmental Refinery Co., Ltd.
China
*
 
 
 
None
H.C. Starck GmbH
Germany
 
 
*
 
Compliant
H.C. Starck GmbH Goslar
Germany
 
 
*
 
Compliant
H.C. Starck GmbH Laufenburg
Germany
 
 
*
 
Compliant
H.C. Starck Hermsdorf GmbH
Germany
 
 
*
 
Compliant
H.C. Starck Inc.
USA
 
 
*
 
Compliant
H.C. Starck Ltd.
Japan
 
 
*
 
Compliant
H.C. Starck Smelting GmbH & Co.KG
Germany
 
*
*
 
Compliant
Hangzhou Fuchunjiang Smelting Co., Ltd.
China
*
 
 
 
None
Heimerle + Meule GmbH
Germany
*
 
 
 
Compliant
Hengyang King Xing Lifeng New Materials Co., Ltd.
China
 
 
*
 
Compliant
Heraeus Group
China
*
 
 
 
None
Heraeus Ltd. Hong Kong
Hong Kong
*
 
 
 
Compliant
Heraeus Precious Metals GmbH & Co. KG
Germany
*
 
 
 
Compliant
Hi-Temp Specialty Metals, Inc.
USA
 
 
*
 
Compliant
HuiChang Hill Tin Industry Co., Ltd.
China
 
 
 
*
Compliant
Huichang Jinshunda Tin Co., Ltd.
China
 
 
 
*
None
Hunan Chenzhou Mining Co., Ltd.
China
*
 
 
 
None
Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji
China
 
*
 
 
Compliant
Hunan Chuangda Vanadium Tungsten Co., Ltd. Yanglin
China
 
*
 
 
None
Hunan Chunchang Nonferrous Metals Co., Ltd.
China
 
*
 
 
Compliant
Hwasung CJ Co., Ltd.
Korea
*
 
 
 
None
Hydrometallurg, JSC
Russian Federation
 
*
 
 
Compliant
Inner Mongolia Qiankun Gold and Silver Refinery Share Company Limited
China
*
 
 
 
Compliant
Ishifuku Metal Industry Co., Ltd.
Japan
*
 
 
 
Compliant
 

SOR Name
SOR Country
Gold
Tungsten
Tantalum
Tin
CFSI Compliant / Active / None
Istanbul Gold Refinery
Turkey
*
 
 
 
Compliant
Japan Mint
Japan
*
 
 
 
Compliant
Japan New Metals Co., Ltd.
Japan
 
*
 
 
Compliant
Jean GOLDSCHMIDT INTERNATIONAL S.A.
Belgium
 
 
 
*
None
Jiangwu H.C. Starck Tungsten Products Co., Ltd.
China
 
*
 
 
Compliant
Jiangxi Copper Company Limited
China
*
 
 
 
Compliant
Jiangxi Dayu Longxintai Tungsten Co., Ltd.
China
 
*
 
 
Active
Jiangxi Dinghai Tantalum & Niobium Co., Ltd.
China
 
 
*
 
Compliant
Jiangxi Gan Bei Tungsten Co., Ltd.
China
 
*
 
 
Compliant
Jiangxi Ketai Advanced Material Co., Ltd.
China
 
 
 
*
Compliant
Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd.
China
 
*
 
 
None
Jiangxi Richsea New Materials Co., Ltd.
China
 
*
 
 
None
Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.
China
 
*
 
 
Compliant
Jiangxi Tuohong New Raw Material
China
 
 
*
 
Compliant
Jiangxi Xinsheng Tungsten Industry Co., Ltd.
China
 
*
 
 
Compliant
Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd.
China
 
*
 
 
Compliant
Jiangxi Yaosheng Tungsten Co., Ltd.
China
 
*
 
 
Active
JiuJiang JinXin Nonferrous Metals Co., Ltd.
China
 
 
*
 
Compliant
Jiujiang Tanbre Co.,Ltd
China
 
 
*
 
Compliant
Jiujiang Zhongao Tantalum & Niobium Co., Ltd.
China
 
 
*
 
Compliant
Johnson Matthey Inc
USA
*
 
 
 
Compliant
Johnson Matthey Ltd
USA
*
 
 
 
Compliant
JSC "Aurat"
Russian Federation
*
 
 
 
None
JSC Ekaterinburg Non-Ferrous Metal Processing Plant
Russian Federation
*
 
 
 
Compliant
JSC Uralelectromed
Russian Federation
*
 
 
 
Compliant
JX Nippon Mining & Metals Co., Ltd.
Japan
*
 
 
 
Compliant
Kaloti Precious Metals
USA
*
 
 
 
None
Kangqiang Electronics Co., Ltd
China
*
 
 
 
None
Kazakhmys Smelting LLC
China
*-
 
 
 
None
Kazzinc
Kazakhstan
*
 
 
 
Compliant
KEMET Blue Metals
Mexico
 
 
*
 
Compliant
KEMET Blue Powder
USA
 
 
*
 
Compliant
 

SOR Name
SOR Country
Gold
Tungsten
Tantalum
Tin
CFSI Compliant / Active / None
Kennametal Fallon
USA
 
*
 
 
Active
Kennametal Huntsville
USA
 
*
 
 
Compliant
Kennecott Utah Copper LLC
USA
*
 
 
 
Compliant
KGHM Polska Miedź Spółka Akcyjna
Poland
*
 
 
 
Active
King-Tan Tantalum Industry Ltd.
China
 
 
*
 
Compliant
Kojima Chemicals Co., Ltd.
Japan
*
 
 
 
Compliant
Korea Metal Co., Ltd.
Korea
*
 
 
 
None
Korea Zinc Co., Ltd.
Korea
*
 
 
 
Active
Kunshan Jinli chemical industry reagents co.,Ltd.
China
*
 
 
 
None
Kyrgyzaltyn JSC
China
*
 
 
 
None
L' azurde Company For Jewelry
Saudi Arabia
*
 
 
 
None
Lingbao Gold Company Limited
China
*
 
 
 
None
Lingbao Jinyuan Tonghui Refinery Co., Ltd.
China
*
 
 
 
None
Linwu Xianggui Ore Smelting Co., Ltd.
China
 
 
 
*
None
LSM Brasil S.A.
Brazil
 
 
*
 
Compliant
LS-NIKKO Copper Inc.
Korea
*
 
 
 
Compliant
Luoyang Zijin Yinhui Gold Refinery Co., Ltd.
China
*
 
 
 
None
Magnu's Minerais Metais e Ligas Ltda.
Brazil
 
 
 
*
Compliant
Malaysia Smelting Corporation (MSC)
Malaysia
 
 
 
*
Compliant
Malipo Haiyu Tungsten Co., Ltd.
China
 
*
 
 
Compliant
Materion
USA
*
 
 
 
Compliant
Matsuda Sangyo Co., Ltd.
Japan
*
 
 
 
Compliant
Melt Metais e Ligas S/A
Brazil
 
 
 
*
Compliant
Metahub Industries Sdn. Bhd.
Malaysia
*
 
 
 
None
Metallic Resources, Inc.
USA
 
 
 
*
Compliant
Metallo Chimique
USA
 
 
 
*
None
Metallo-Chimique N.V.
Beliugm
 
 
 
*
Compliant
Metallurgical Products India Pvt., Ltd.
India
 
 
*
 
Compliant
Metalor Technologies (Hong Kong) Ltd
Hong Kong
*
 
 
 
None
Metalor Technologies (Hong Kong) Ltd.
China
*
 
 
 
Compliant
Metalor Technologies (Singapore) Pte., Ltd.
Singapore
*
 
 
 
Compliant
Metalor Technologies (Suzhou) Ltd.
China
*
 
 
 
Active
Metalor Technologies SA
Switzerland
*
 
 
 
Compliant
Metalor USA Refining Corporation
USA
*
 
 
 
Compliant
METALÚRGICA MET-MEX PEÑOLES, S.A. DE C.V
Mexico
*
 
 
 
Compliant
 

SOR Name
SOR Country
Gold
Tungsten
Tantalum
Tin
CFSI Compliant / Active / None
Mineração Taboca S.A.
Brazil
 
 
*
*
Compliant
Minmetals Ganzhou Tin Co. Ltd.
China
 
 
 
*
None
Minsur
Peru
 
 
 
*
Compliant
Mitsubishi Materials Corporation
Japan
*
 
 
*
Compliant
Mitsubishi Materials Corporation
Japan
*
 
 
*
Compliant
Mitsui Mining & Smelting
Japan
 
 
*
 
Compliant
Mitsui Mining and Smelting Co., Ltd.
Japan
*
 
 
 
Compliant
MMTC-PAMP India Pvt., Ltd.
India
*
 
 
 
Compliant
Moliren Ltd
Russian Federation
 
*
 
 
Active
Molycorp Silmet A.S.
Estonia
 
 
*
 
Compliant
Morris and Watson
New Zealand
*
 
 
 
None
Moscow Special Alloys Processing Plant
Russian Federation
*
 
 
 
Compliant
Nadir Metal Rafineri San. Ve Tic. A.Ş.
Turkey
*
 
 
 
Compliant
Nankang Nanshan Tin Manufactory Co., Ltd.
China
 
 
 
*
None
Nathan Trotter & Co., Inc.
USA
 
 
 
*
None
Navoi Mining and Metallurgical Combinat
Uzbekistan
*
 
 
 
Active
Nghe Tinh Non-Ferrous Metals Joint Stock Company
Vietnam
 
 
 
*
Active
Niagara Refining LLC
USA
 
*
 
 
Compliant
Nihon Material Co., Ltd.
Japan
*
 
 
 
Compliant
Ningxia Orient Tantalum Industry Co., Ltd.
China
 
 
*
 
Compliant
Nippon Yakin Kogyo Co., Ltd.
Japan
 
*
 
 
None
North American Tungsten
Canada
 
*
 
 
None
Novosibirsk Integrated Tin Works
Russian Federation
 
 
 
*
None
Novosibirsk Processing Plant Ltd.
Russian Federation
 
 
 
*
None
Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC
Vietnam
 
*
 
 
Compliant
O.M. Manufacturing (Thailand) Co., Ltd.
Thailand
 
 
 
*
Compliant
O.M. Manufacturing Philippines, Inc.
Philippines
 
 
 
*
Compliant
Ögussa Österreichische Gold- und Silber-Scheideanstalt GmbH
Australia
*
 
 
 
Compliant
Ohio Precious Metals, LLC
USA
*
 
 
 
Compliant
Ohura Precious Metal Industry Co., Ltd.
Japan
*
 
 
 
Compliant
OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastvetmet)
Russian Federation
*
 
 
 
Compliant
 

SOR Name
SOR Country
Gold
Tungsten
Tantalum
Tin
CFSI Compliant / Active / None
OJSC Kolyma Refinery
Russian Federation
*
 
 
 
None
OJSC Novosibirsk Refinery
Russian Federation
*
 
 
 
Compliant
Operaciones Metalurgical S.A.
Bolivia
 
 
 
*
Compliant
PAMP SA
Switzerland
*
 
 
 
Compliant
Penglai Penggang Gold Industry Co., Ltd.
China
*
 
 
 
None
Philippine Chuangxin Industrial Co., Inc.
Philippines
 
*
 
 
Compliant
Phoenix Metal Ltd.
Rwanda
 
 
 
*
Active
Plansee SE Liezen
Australia
 
 
*
 
Compliant
Plansee SE Reutte
Australia
 
 
*
 
Compliant
Pobedit, JSC
Russian Federation
 
*
 
 
None
Poongsan
Korea
 
 
 
*
None
Prioksky Plant of Non-Ferrous Metals
Russian Federation
*
 
 
 
Compliant
PT Alam Lestari Kencana
Indonesia
 
 
 
*
None
PT Aneka Tambang (Persero) Tbk
Indonesia
*
 
 
 
Compliant
PT Aries Kencana Sejahtera
Indonesia
 
 
 
*
Compliant
PT Artha Cipta Langgeng
Indonesia
*
 
 
 
Compliant
PT ATD Makmur Mandiri Jaya
Indonesia
 
 
 
*
Compliant
PT Babel Inti Perkasa
Indonesia
 
 
 
*
Compliant
PT Babel Surya Alam Lestari
Indonesia
 
 
 
*
None
PT Bangka Kudai Tin
Indonesia
 
 
 
*
None
PT Bangka Prima Tin
Indonesia
 
 
 
*
Compliant
PT Bangka Putra Karya
Indonesia
 
 
 
*
None
PT Bangka Timah Utama Sejahtera
Indonesia
 
 
 
*
None
PT Bangka Tin Industry
Indonesia
 
 
 
*
Compliant
PT Belitung Industri Sejahtera
Indonesia
 
 
 
*
Compliant
PT BilliTin Makmur Lestari
Indonesia
 
 
 
*
Compliant
PT Bukit Timah
Indonesia
 
 
 
*
Compliant
PT Cipta Persada Mulia
Indonesia
 
 
 
*
Compliant
PT DS Jaya Abadi
Indonesia
 
 
 
*
Compliant
PT Eunindo Usaha Mandiri
Indonesia
 
 
 
*
Compliant
PT Fang Di MulTindo
Indonesia
 
 
 
*
None
PT HANJAYA PERKASA METALS
Indonesia
 
 
 
*
None
PT HP Metals Indonesia
Indonesia
 
 
 
*
None
PT Inti Stania Prima
Indonesia
 
 
 
*
Compliant
 

SOR Name
SOR Country
Gold
Tungsten
Tantalum
Tin
CFSI Compliant / Active / None
PT Justindo
Indonesia
 
 
 
*
Compliant
PT Karimun Mining
Indonesia
 
 
 
*
Active
PT Kijang Jaya Mandiri
Indonesia
 
 
 
*
Active
PT Koba Tin
Indonesia
 
 
 
*
None
PT Mitra Stania Prima
Indonesia
 
 
 
*
Compliant
PT Panca Mega Persada
Indonesia
 
 
 
*
Compliant
PT Pelat Timah Nusantara Tbk
Indonesia
 
 
 
*
None
PT Prima Timah Utama
Indonesia
 
 
 
*
Compliant
PT REFINED BANGKA TIN
Indonesia
 
 
 
*
Compliant
PT Sariwiguna Binasentosa
Indonesia
 
 
 
*
Compliant
PT Seirama Tin investment
Indonesia
 
 
 
*
None
PT Stanindo Inti Perkasa
Indonesia
 
 
 
*
Compliant
PT Sukses Inti Makmur
Indonesia
 
 
 
*
Compliant
PT Sumber Jaya Indah
Indonesia
 
 
 
*
Compliant
PT Supra Sukses Trinusa
Indonesia
 
 
 
*
None
PT Timah (Persero) Tbk Kundur
Indonesia
 
 
 
*
Compliant
PT Timah (Persero) Tbk Mentok
Indonesia
 
 
 
*
Compliant
PT Tinindo Inter Nusa
Indonesia
 
 
 
*
Compliant
PT Tirus Putra Mandiri
Indonesia
 
 
 
*
None
PT Tommy Utama
Indonesia
 
 
 
*
Compliant
PT Wahana Perkit Jaya
Indonesia
 
 
 
*
Compliant
PT Yinchendo Mining Industry
Indonesia
 
 
 
*
None
PX Précinox SA
Switzerland
*
 
 
 
Compliant
QuantumClean
USA
 
 
*
 
Compliant
Rand Refinery (Pty) Ltd.
South Africa
*
 
 
 
Compliant
Remondis Argentia B.V.
Netherlands
*
 
 
 
None
Republic Metals Corporation
USA
*
 
 
 
Compliant
Resind Indústria e Comércio Ltda.
Brazil
 
 
*
 
Compliant
RFH Tantalum Smeltry Co., Ltd.
China
 
 
*
 
Compliant
Royal Canadian Mint
Canda
*
 
 
 
Compliant
Rui Da Hung
Taiwan
 
 
 
*
Compliant
Sabin Metal Corp.
USA
*
 
 
 
None
Samduck Precious Metals
Korea
*
 
 
 
Active
Samhwa Non-Ferrous Metal. Inc Co.,Ltd.
Korea
 
 
 
*
None
SAMWON METALS Corp.
Korea
*
 
 
 
None
 

SOR Name
SOR Country
Gold
Tungsten
Tantalum
Tin
CFSI Compliant / Active / None
Sanher Tungsten Vietnam Co., Ltd.
Vietnam
 
*
 
 
None
SANMENXIA HENGSHENG SCIENCE AND TECHNOLOGY R&D CO.,LTD
China
*
 
 
 
None
SAXONIA Edelmetalle GmbH
Germany
*
 
 
 
Active
Schone Edelmetaal B.V.
Netherlands
*
 
 
 
Compliant
SEMPSA Joyería Platería SA
Spain
*
 
 
 
Compliant
Shandong Tiancheng Biological Gold Industrial Co., Ltd.
China
*
 
 
 
None
Shandong Zhaojin Gold & Silver Refinery Co., Ltd.
China
*
 
 
 
Compliant
Shang Hai Gold Exchange
China
*
 
 
 
None
Shanghai Jiangxi Metals Co. Ltd
China
 
 
*
 
None
shenzhen  fujun material technology co,ltd
China
*
 
 
 
None
Sichuan Tianze Precious Metals Co., Ltd.
China
*
 
 
 
Compliant
Singway Technology Co., Ltd.
Taiwan
*
 
 
 
Compliant
So Accurate Group, Inc.
USA
*
 
 
 
None
SOE Shyolkovsky Factory of Secondary Precious Metals
Russian Federation
*
 
 
 
Compliant
Soft Metais, Ltda.
Brazil
 
 
 
*
Compliant
Solar Applied Materials Technology Corp.
Tawian
*
 
 
 
Compliant
Solikamsk Magnesium Works OAO
Russian Federation
 
 
*
 
Compliant
South-East Nonferrous Metal Company Limited of Hengyang City
China
 
*
 
 
Active
Sumitomo Metal Mining Co., Ltd.
Japan
*
 
 
 
Compliant
Suzhou Xingrui Noble metal material co.ltd
Philippines
 
*
 
 
None
T.C.A S.p.A
Italy
*
 
 
 
Compliant
Tai zhou chang san Jiao electron Co.,Ltd.
China
*
 
 
 
None
Taki Chemicals
Japan
 
 
*
 
Compliant
Tanaka Kikinzoku Kogyo K.K.
Japan
*
 
 
 
Compliant
Tantalite Resources
South Africa
 
 
*
 
None
Tejing (Vietnam) Tungsten Co., Ltd.
Vietnam
*
 
 
 
Compliant
Telex Metals
USA
 
 
*
 
Compliant
Thaisarco
Thailand
 
 
 
*
Compliant
The Refinery of Shandong Gold Mining Co., Ltd.
China
*
 
 
 
Compliant
Tiancheng Chemical
China
*
 
 
 
None
Tokuriki Honten Co., Ltd.
Japan
*
 
 
 
Compliant
TONGDING METALLIC MATERIAL CO.LTD
China
 
 
 
*
None
 

SOR Name
SOR Country
Gold
Tungsten
Tantalum
Tin
CFSI Compliant / Active / None
Tongling Nonferrous Metals Group Co., Ltd.
China
*
 
 
 
None
Torecom
Korea
*
 
 
 
Compliant
Tranzact, Inc.
USA
 
 
*
 
Compliant
Tuyen Quang Non-Ferrous Metals Joint Stock Company
Vietnam
 
 
 
*
Active
Ulba Metallurgical Plant JSC
Kazakhstan
 
 
*
 
Compliant
Umicore Brasil Ltda.
Brazil
*
 
 
 
Compliant
Umicore Precious Metals Thailand
Thailand
*
 
 
 
Compliant
Umicore SA Business Unit Precious Metals Refining
Beliugm
*
 
 
 
Compliant
United Precious Metal Refining, Inc.
USA
*
 
 
 
Compliant
Valcambi SA
Switzerland
*
 
 
 
Compliant
Vietnam Youngsun Tungsten Industry Co., Ltd.
Vietnam
 
*
 
 
Compliant
Voss  Metals Company, Inc
USA
 
*
 
 
None
VQB Mineral and Trading Group JSC
Vietnam
 
 
 
*
Compliant
Western Australian Mint trading as The Perth Mint
Australia
*
 
 
 
Compliant
White Solder Metalurgia e Mineração Ltda.
Brazil
 
 
 
*
Compliant
WIELAND Edelmetalle GmbH
Germany
*
 
 
 
Active
Wilhelm Westmetall
Germany
 
 
 
*
None
Wolfram Bergbau und Hütten AG
Australia
 
*
 
 
Compliant
Wolfram Company CJSC
Russian Federation
 
 
*
 
None
Woltech Korea Co., Ltd.
Korea
 
*
 
 
Compliant
Xiamen Tungsten (H.C.) Co., Ltd.
China
 
*
 
 
Compliant
Xiamen Tungsten Co., Ltd.
China
 
 
 
 
Compliant
Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.
China
 
*
 
 
Active
Xinhai Rendan Shaoguan Tungsten Co., Ltd.
China
 
*
 
 
Compliant
XinXing HaoRong Electronic Material Co., Ltd.
China
 
 
*
 
Compliant
XTC,XTC Haicang,XTC H.C.
China
 
 
*
 
Compliant
Yamamoto Precious Metal Co., Ltd.
Japan
*
 
 
 
Compliant
Yantai Zhaojin Kanfort Precious Metals Incorporated Company
China
*
 
 
 
None
Yichun Jin Yang Rare Metal Co., Ltd.
China
 
 
*
 
Compliant
Yifeng Tin Industry (Chenzhou) Co Ltd
China
 
 
 
*
None
Yokohama Metal Co., Ltd.
Japan
*
 
 
 
Compliant
Yunnan Chengfeng Non-ferrous Metals Co.,Ltd.
China
 
 
 
*
Active
 

 
SOR Name
SOR Country
Gold
Tungsten
Tantalum
Tin
CFSI Compliant / Active / None
Yunnan Copper Industry Co., Ltd.
China
*
 
 
 
None
YunNan GeJiu Jin Ye Mineral Co.,Ltd
China
 
 
 
*
None
Yunnan Tin Group (Holding) Company Limited
China
 
 
 
*
Compliant
Zhongshan Public Security Bureau, Guangdong Province ,China
China
*
 
 
 
None
Zhongyuan Gold Smelter of Zhongjin Gold Corporation
China
*
 
 
 
Compliant
Zhuzhou Cemented Carbide
China
 
 
*
 
Compliant
Zijin Mining Group Co., Ltd. Gold Refinery
China
*
 
 
 
Compliant