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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
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FORM SD
Specialized Disclosure Report
CTS CORPORATION
(Exact name of registrant as specified in its charter)
INDIANA |
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1-4639 |
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35-0225010 |
(State or other jurisdiction |
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(Commission |
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(IRS Employer |
of incorporation or organization) |
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File Number) |
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Identification No.) |
1142 West Beardsley Avenue |
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46514 |
(Address of principal executive offices) |
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(Zip Code) |
Robert J. Patton, Vice President, General Counsel & Secretary (630) 577-8831 |
(Name and telephone number, including area code, of the person to contact in connection with |
Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:
x Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2014.
Section 1 - Conflict Minerals Disclosure
Item 1.01 Conflict Minerals Disclosure and Report
(a) Conflict minerals are necessary to the functionality or production of certain of the products manufactured by the registrant or contracted by the registrant to be manufactured and are required to be reported in the calendar year covered by this specialized disclosure report. Registrant does not purchase the conflict minerals directly from smelters or mines and as a result registrant conducted in good faith a reasonable country of origin inquiry with its suppliers and undertook due diligence measures reasonably designed to determine whether any of the conflict minerals originated in the Democratic Republic of the Congo or an adjoining country or are from recycled or scrap sources.
(b) Based on its reasonable country of origin inquiry and due diligence measures, the registrant determined that its necessary conflict minerals used in certain of the products manufactured by the registrant or contracted by the registrant to be manufactured did not originate in the Democratic Republic of the Congo or an adjoining country or did come from recycled or scrap sources, or that it had no reason to believe that its necessary conflict minerals may have originated in the Democratic Republic of the Congo or an adjoining country, or that it reasonably believed that its necessary conflict minerals did come from recycled or scrap sources. The reasonable country of origin inquiry and due diligence measures that registrant undertook included requesting all relevant first-tier suppliers to complete the CFSI Conflict Minerals Reporting Template (CMRT) which can be found at http://www.conflictfreesourcing.org, reviewing the information and smelter data provided by relevant first-tier suppliers, and comparing smelters and refiners identified by the supply chain to independently verified lists (e.g., the CFSI Conflict-Free Smelter Program list which can be found at http://www.conflictfreesourcing.org) to assess possible risk. The registrant has disclosed this information on its publicly available Internet website at the following link: http:/www.ctscorp.com/governance/conflictmineralsformSDSpecializedDisclosureReport.
(c) Based on its reasonable country of origin inquiry and due diligence measures, the registrant also determined that its necessary conflict minerals used in certain of the products manufactured by the registrant or contracted by the registrant to be manufactured did or may have originated in the Democratic Republic of the Congo or an adjoining country and that they may not be from recycled or scrap sources. The registrant exercised due diligence on the source and chain of custody of such conflict minerals that conforms to the nationally due diligence framework as set forth in the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. The reasonable country of origin inquiry and due diligence measures that registrant undertook included requesting all relevant first-tier suppliers to complete the CFSI Conflict Minerals Reporting Template (CMRT) which can be found at http://www.conflictfreesourcing.org, reviewing the information and smelter data provided by relevant first-tier suppliers, and comparing smelters and refiners identified by the supply chain to independently verified lists (e.g., the CFSI Conflict-Free Smelter Program list which can be found at http://www.conflictfreesourcing.org). The registrant has disclosed this information on its publicly available Internet website at the following link: http:/www.ctscorp.com/governance/conflictmineralsformSDSpecializedDisclosureReport. The registrant is also filing a Conflict Minerals Report as an exhibit to its specialized disclosure report and has provided that report on its publicly available Internet website at the following link: http:/www.ctscorp.com/governance/conflictmineralsformSDSpecializedDisclosureReport.
(d) The definitions set forth in paragraph (d) of the guide and instructions of the United States Securities and Exchange Commission for Form SD apply to the terms used in this Specialized Disclosure Report.
Item 1.02 Exhibit
Registrant has filed, as Exhibit 1.01 to this Form SD, the Conflict Minerals Report required by Item 1.01.
Section 2 Exhibits
Item 2.01 Exhibits
Exhibit 1.01 - Conflict Minerals Report as required by Items 1.01 and 1.02.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.
CTS CORPORATION |
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(Registrant) |
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/S/ Robert J. Patton |
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May 29, 2015 |
By (Signature and Title) |
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(Date) |
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Robert J. Patton, Vice President, General Counsel and Secretary |
Exhibit 1.01
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SD-Exhibit 1.01
Conflict Minerals Report
Registrant submits this Conflict Minerals Report as Exhibit 1.01 to FORM SD Specialized Disclosure Report and provides the following information:
(1) Due Diligence: A description of the registrants reasonable country of origin inquiry and the measures the registrant has taken to exercise due diligence on the source and chain of custody of those conflict minerals follows:
(i) The registrants due diligence conforms to the nationally or internationally recognized due diligence framework as set forth in the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas which can be found at http://www.oecd.org and included the following:
(A) Registrants implementation of an execution plan for a company-wide conflict minerals program including:
(a) Registrants adoption of a conflict minerals policy which can be found on registrants publicly available Internet website at the following link: http://www.ctscorp.com/governance/conflictmineralspolicy.htm.
(b) Registrants assembly of an internal team to implement, manage and execute registrants conflict minerals policy.
(c) Registrants adoption of a system designed to allow engagement and communication with the supply-chain and request information relating to the identity of the conflict mineral smelters and refiners used by the supply-chain.
(d) Registrants incorporation of registrants expectations regarding suppliers conflict minerals policies, processes and information disclosures into relevant registrant documents including for example registrants conflict minerals policy, registrants supplier purchase order terms and conditions, registrants supplier contract clauses, and registrants correspondence and communication with suppliers.
(B) Registrants identification and assessment of risk in the supply chain including:
(a) Identification of registrants relevant first-tier suppliers.
(b) Conducting a reasonable country of origin and undertaking due diligence measures including requesting all relevant first-tier suppliers to complete the CFSI Conflict Minerals Reporting Template (CMRT) which can be found at http://www.conflictfreesourcing.org, reviewing the information and smelter data provided by relevant first-tier suppliers, and comparing smelters and refiners identified by the supply chain to independently verified lists (e.g., the CFSI Conflict-Free Smelter Program list which can be found at http://www.conflictfreesourcing.org) to assess possible risk.
(ii) In accordance with Instruction (3) to Item 1.01 of the guide of the Securities and Exchange Commission for completing this Conflict Minerals Report, the due diligence measures did not include or require an independent private sector audit of this Conflict Minerals Report.
(iii) Registrant has disclosed above the steps it has taken, and discloses below the steps which registrant will take, to mitigate the risk that its necessary conflict minerals benefit armed groups, including the adoption, monitoring, and tracking of a risk management, mitigation, and corrective action plan including follow-up letters to relevant first-tier suppliers requesting validation of such suppliers or the smelters or refiners used by such suppliers as CFSI Conflict Free in accordance with, for example, the CFSI Conflict-Free Smelter Program.
(2) Product Description: Registrant provides the following general description of the products identified in Item 1.01(c) of Form SD Specialized Disclosure Report:
Frequency Products: quartz crystals, XOs, OCXOs, TCXOs, VCXOs, VCSOs, VCO/PLLs, PXOs, clock oscillators, jitter attenuators, clock generators, frequency translators, piezoelectric devices, discoidal filters, tubular filters, and resistors.
Electromechanical Products: switches and potentiometers.
Automotive Products: accelerator pedals, actuators, seat belt tension sensors, seat belt buckle switch sensors, wheel speed sensors, position sensor assemblies, air grille shutter sensors, and throttle position sensors.
Registrant also provides below a list of the facilities used to process the necessary conflict minerals in certain of the products identified above. The country of origin of the conflict minerals is unknown. The efforts to determine the mine or location of origin of the conflict minerals included requesting all relevant first tier suppliers to complete the CFSI Conflict Minerals Reporting Template (CMRT) which required identification of the mine or location of origin of the conflict minerals, if known.
Conflict |
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Facility |
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Location |
Gold |
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Almalyk Mining and Metallurgical Complex (AMMC) |
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UZBEKISTAN |
Gold |
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AngloGold Ashanti Córrego do Sítio Minerção |
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BRAZIL |
Gold |
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Argor-Heraeus SA |
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SWITZERLAND |
Gold |
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Asahi Pretec Corporation |
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JAPAN |
Gold |
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Asaka Riken Co Ltd |
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JAPAN |
Gold |
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Aurubis AG |
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GERMANY |
Gold |
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Bangko Sentral ng Pilipinas (Central Bank of the Philippines) |
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PHILIPPINES |
Gold |
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Bauer Walser AG |
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GERMANY |
Gold |
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Caridad |
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MEXICO |
Gold |
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Cendres + Métaux SA |
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SWITZERLAND |
Gold |
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China National Gold Group Corporation |
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CHINA |
Gold |
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Chugai Mining |
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JAPAN |
Gold |
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Colt Refining |
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UNITED STATES |
Gold |
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Daejin Indus Co. Ltd |
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KOREA, REPUBLIC OF |
Gold |
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Daye Non-Ferrous Metals Mining Ltd. |
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CHINA |
Gold |
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Do Sung Corporation |
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KOREA, REPUBLIC OF |
Gold |
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Doduco |
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GERMANY |
Gold |
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FSE Novosibirsk Refinery |
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RUSSIAN FEDERATION |
Gold |
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Gansu Seemine Material Hi-Tech Co Ltd |
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CHINA |
Gold |
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Guangdong Jinding Gold Limited. |
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CHINA |
Gold |
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Hangzhou Fuchunjiang Smelting Co., Ltd. |
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CHINA |
Gold |
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Heraeus Ltd. Hong Kong |
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HONG KONG |
Gold |
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Heraeus Precious Metals GmbH & Co. KG |
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GERMANY |
Gold |
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Hwasung CJ Co. Ltd |
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KOREA, REPUBLIC OF |
Gold |
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Inner Mongolia Qiankun Gold and Silver |
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CHINA |
Gold |
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Jiangxi Copper Company Limited |
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CHINA |
Gold |
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Kazzinc Ltd |
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KAZAKHSTAN |
Gold |
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Korea Metal Co. Ltd |
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KOREA, REPUBLIC OF |
Gold |
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Kyrgyzaltyn JSC |
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KYRGYZSTAN |
Gold |
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Luoyang Zijin Yinhui Metal Smelt Co Ltd |
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CHINA |
Gold |
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Mitsui Mining and Smelting Co., Ltd. |
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JAPAN |
Gold |
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Moscow Special Alloys Processing Plant |
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RUSSIAN FEDERATION |
Gold |
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Navoi Mining and Metallurgical Combinat |
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UZBEKISTAN |
Gold |
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Nihon Material Co. LTD |
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JAPAN |
Gold |
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PAMP SA |
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SWITZERLAND |
Gold |
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Penglai Penggang Gold Industry Co Ltd |
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CHINA |
Gold |
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Prioksky Plant of Non-Ferrous Metals |
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RUSSIAN FEDERATION |
Gold |
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PT Aneka Tambang (Persero) Tbk |
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INDONESIA |
Gold |
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Rand Refinery |
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SOUTH AFRICA |
Gold |
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Sabin Metal Corp. |
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UNITED STATES |
Gold |
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Samduck Precious Metals |
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KOREA, REPUBLIC OF |
Gold |
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SAMWON METALS Corp. |
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KOREA, REPUBLIC OF |
Gold |
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So Accurate Group, Inc. |
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UNITED STATES |
Gold |
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SOE Shyolkovsky Factory of Secondary Precious Metals |
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RUSSIAN FEDERATION |
Gold |
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The Great Wall Gold and Silver Refinery of China |
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CHINA |
Gold |
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Tongling nonferrous Metals Group Co., Ltd |
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CHINA |
Gold |
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Torecom |
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KOREA, REPUBLIC OF |
Gold |
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Umicore Brasil Ltda |
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BRAZIL |
Gold |
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Umicore SA Business Unit Precious Metals Refining |
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BELGIUM |
Gold |
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YAMAMOTO PRECIOUS METAL CO., LTD. |
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JAPAN |
Gold |
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Yokohama Metal Co Ltd |
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JAPAN |
Gold |
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Yunnan Copper Industry Co Ltd |
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CHINA |
Gold |
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Zijin Mining Group Co. Ltd. |
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CHINA |
Tantalum |
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Shanghai Jiangxi Metals Co. Ltd |
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CHINA |
Tin |
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China Rare Metal Materials Company |
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CHINA |
Tin |
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CNMC (Guangxi) PGMA Co. Ltd. |
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CHINA |
Tin |
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Cooper Santa |
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BRAZIL |
Tin |
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CV Gita Pesona |
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INDONESIA |
Tin |
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CV JusTindo |
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INDONESIA |
Tin |
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CV Makmur Jaya. |
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INDONESIA |
Tin |
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CV Nurjanah |
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INDONESIA |
Tin |
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CV Serumpun Sebalai |
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INDONESIA |
Tin |
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Estanho de Rondônia S.A. |
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BRAZIL |
Tin |
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Fenix Metals |
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CHINA |
Tin |
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Gejiu Kai Meng Industry and Trade LLC |
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CHINA |
Tin |
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Gejiu Zi-Li |
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CHINA |
Tin |
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Huichang Jinshunda Tin Co. Ltd |
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CHINA |
Tin |
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Jiangxi Nanshan |
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CHINA |
Tin |
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Linwu Xianggui Smelter Co |
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CHINA |
Tin |
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Metallo Chimique |
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BELGIUM |
Tin |
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Novosibirsk Integrated Tin Works |
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RUSSIAN FEDERATION |
Tin |
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O.M. Manufacturing (Thailand) Co., Ltd. |
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THAILAND |
Tin |
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PT Alam Lestari Kencana |
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INDONESIA |
Tin |
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PT Babel Surya Alam Lestari |
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INDONESIA |
Tin |
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PT Bangka Tin Industry |
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INDONESIA |
Tin |
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PT BilliTin Makmur Lestari |
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INDONESIA |
Tin |
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PT Fang Di MulTindo |
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INDONESIA |
Tin |
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PT HP Metals Indonesia |
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INDONESIA |
Tin |
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PT Inti Stania Prima |
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INDONESIA |
Tin |
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PT Karimun Mining |
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INDONESIA |
Tin |
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PT Koba Tin |
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INDONESIA |
Tin |
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PT Pelat Timah Nusantara Tbk |
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INDONESIA |
Tin |
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PT Seirama Tin investment |
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INDONESIA |
Tin |
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PT Sumber Jaya Indah |
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INDONESIA |
Tin |
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PT Supra Sukses Trinusa |
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INDONESIA |
Tin |
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PT Tambang Timah |
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INDONESIA |
Tin |
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PT Tommy Utama |
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INDONESIA |
Tin |
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PT Yinchendo Mining Industry |
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INDONESIA |
Tin |
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Rui Da Hung |
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TAIWAN |
Tin |
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Soft Metais, Ltda. |
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BRAZIL |
Tin |
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Yunnan Chengfeng Non-ferrous Metals Co. Ltd. |
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CHINA |
Tungsten |
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A.L.M.T. Corp. |
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JAPAN |
Tungsten |
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Chongyi Zhangyuan Tungsten Co., Ltd. |
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CHINA |
Tungsten |
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Dayu Weiliang Tungsten Co., Ltd. |
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CHINA |
Tungsten |
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Fujian Jinxin Tungsten Co., Ltd. |
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CHINA |
Tungsten |
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Ganzhou Non-ferrous Metals Smelting Co., Ltd. |
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CHINA |
Tungsten |
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Guangdong Xianglu Tungsten Co., Ltd. |
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CHINA |
Tungsten |
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H.C. Starck GmbH |
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GERMANY |
Tungsten |
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H.C. Starck Smelting GmbH & Co.KG |
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GERMANY |
Tungsten |
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Hunan Chenzhou Mining Group Co., Ltd. |
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CHINA |
Tungsten |
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Jiangxi Minmetals Gaoan Non-ferrous Metals Co., Ltd. |
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CHINA |
Tungsten |
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Jiangxi Richsea New Materials Co., Ltd. |
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CHINA |
Tungsten |
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Jiangxi Tonggu Non-Ferrous Metallurgical & Chemical Co., Ltd. |
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CHINA |
Tungsten |
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Jiangxi Xinsheng Tungsten Industry Co., Ltd. |
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CHINA |
Tungsten |
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Jiangxi Yaosheng Tungsten Co., Ltd. |
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CHINA |
Tungsten |
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Kennametal Fallon |
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UNITED STATES |
Tungsten |
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Kennametal Huntsville |
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UNITED STATES |
Tungsten |
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Tejing (Vietnam) Tungsten Co., Ltd. |
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VIETNAM |
Tungsten |
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Xinhai Rendan Shaoguan Tungsten Co., Ltd. |
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CHINA |