EX-1.01 2 d498216dex101.htm EX-1.01 EX-1.01

Exhibit 1.01

Flowserve Corporation

Conflict Minerals Report

For The Year Ended December 31, 2022

This report for the year ended December 31, 2022 is presented to comply with Rule 13p-1 under the Securities Exchange Act of 1934 (the “Rule”). The Rule was adopted by the Securities and Exchange Commission (“SEC”) to implement reporting and disclosure requirements related to Conflict Minerals as directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank Act”). The Rule imposes certain reporting obligations on SEC registrants who manufactured or contracted to manufacture products which contained Conflict Minerals that are necessary to the functionality or production of such products.

Conflict Minerals are defined as cassiterite, columbite-tantalite, gold, wolframite, and their derivatives, which are limited to tin, tantalum and tungsten (“Conflict Minerals”, or “3TG”). These requirements apply to all registrants that have Conflict Minerals that are necessary to the functionality or production of their products whatever the geographic origin of the Conflict Minerals and whether or not they fund armed conflict.

 

1.

Company Overview

This report has been prepared by management of Flowserve Corporation (herein referred to as “Flowserve,” “the Company,” “we,” “us,” or “our”). The information includes the activities of all majority-owned subsidiaries and variable interest entities that are required to be consolidated under U.S. generally accepted accounting principles.

Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. We develop and manufacture precision-engineered flow control equipment integral to the movement, control and protection of the flow of materials in our customers’ critical processes. Our product portfolio of pumps, valves, seals, automation and aftermarket services supports global infrastructure industries, including oil and gas, chemical, power generation and water management, as well as general industries markets where our products and services add value. Our principal products are sold through two business segments:

 

   

FPD for custom, highly-engineered and pre-configured industrial pumps and pump systems, mechanical seals, auxiliary systems and replacement parts and related services; and

 

   

FCD for engineered and industrial valves, control valves, actuators and controls and related services.

Supply Chain

We manufacture a wide range of products that contain Conflict Minerals, but we do not purchase ore or unrefined Conflict Minerals from mines, smelters or refiners and generally are many steps removed in the supply chain from the mining of these minerals. As a result, we rely on suppliers for various components and parts that contain Conflict Minerals that are utilized in the assembly of our products. Due to the size of our Company, the complexity of our products, and our location in the supply chain being many steps downstream from mines, smelters and refiners, we must rely on our direct suppliers to provide information on the origin of the Conflict Minerals contained in the components and parts supplied to us (including sources of Conflict Minerals that are supplied to them from their suppliers). Further, many of our suppliers are not SEC registrants subject to the reporting requirements of the Rule and as a result, have immature Conflict Minerals programs. As a result of this complexity, we conducted a survey of the suppliers that focused not only on those who represented the majority of our expenditures in 2022, but also focused on suppliers where the nature of the component, or the location of the supplier, indicated that those components had a higher probability to contain Conflict Minerals.

 

1


2.

Reasonable Country of Origin Inquiry:

Flowserve undertook the following measures to perform a country of origin inquiry on its Conflict Minerals:

 

   

Utilized a risk based approach, based on an examination of internal records such as bills of sale or product specifications, to identify business segments which contracted to manufacture products reasonably believed to contain one or more Conflict Minerals and identified the relevant suppliers of the Conflict Minerals for these products;

 

   

Sent surveys (using the Responsible Minerals Initiative (“RMI”) Conflict Minerals Reporting Template developed as a result of the Electronic Industry Citizenship Coalition (EICC)/Global e-Sustainability Initiative (GeSI)) to approximately 4,479 suppliers, requesting substantiation for the presence of Conflict Minerals in the materials or components they supplied to Flowserve, and information regarding the origin of those minerals;

 

   

Identified and placed additional emphasis on suppliers that are most significant to Flowserve’s Conflict Minerals program using criteria developed by the business, such as the amount of sourcing spend with the supplier and the likelihood of Conflict Minerals being supplied from the supplier;

 

   

Reviewed the responses received for indicators (e.g., untimely or incomplete responses as well as inconsistencies within the data reported in the template) that Conflict Minerals may be sourced from the Democratic Republic of Congo and adjoining countries (the “Covered Countries”) and attempted to further engage these suppliers to perform additional due diligence, as needed; and

 

   

Continued to follow up with suppliers and continued to regularly communicate Flowserve’s expectations on responsible supply chains of Conflict Minerals by transmitting surveys and other communications and continually requesting compliance with requests for information and documentation from unresponsive suppliers.

The above efforts led to a response rate of 40%. The suppliers that responded captured over 66% of the relevant spend, up from 60% for the year ended December 31, 2021.

As a result of the reasonable country of origin inquiry, we are unable to determine the origin of the Conflict Minerals in our products and therefore cannot exclude the possibility that some may have originated in the Covered Countries. For that reason, we performed additional due diligence and are required under the Rule to submit to the SEC this Conflict Minerals Report.

Conflict Minerals Policy:

Flowserve culture is centered on ethics, integrity and trust. Our values drive how we treat each other, our customers, suppliers, partners and even our competitors. By combining uncompromising character, transparent business behavior, mutual respect, and world-class products and services, we seek to build an enduring culture that creates satisfied customers, engaged employees and sustainable, profitable growth. As a result, our ethical business culture supports global efforts to assist in the eradication of Human Rights abuses in the Covered Countries and adjoining countries, where the mining of certain minerals has partially financed the long-standing conflict in this region.

Flowserve supports the objectives and intent of this Conflict Minerals legislation. Additionally, we are committed to working toward a conflict free supply chain by implementing a management program integrated with our policies and processes to align our worldwide suppliers with this policy. Our Conflict Minerals program is addressed in our Supplier Code of Business Conduct, our Terms and Conditions with suppliers, and our Purchase Order requirements.

For additional information about our commitment to responsible sourcing and for our full Conflict Minerals policy, please visit our website at: http://www.flowserve.com/About-Flowserve/Corporate-Information/Conflict-Minerals-Policy

 

3.

Due Diligence Process

 

  3.1.

Design of Due Diligence Framework

Our due diligence measures have been designed to conform, with the framework in The Organization for Economic Co-operation and Development (OECD) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (Third edition, 2016) (the “OECD Guidance”) and the related Supplement on Tin, Tantalum, and Tungsten and the Supplement on Gold.

 

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  3.2.

Due Diligence Performed

 

  3.2.1.

Establish Strong Company Management Systems

As described above, Flowserve has adopted a company Conflict Minerals policy which is posted on our website. Additionally, as part of our management system for Conflict Minerals, Flowserve has established a cross functional internal task force, realigned active management resources, and created a position that is responsible for managing the Conflict Minerals program and requirements at Flowserve. A senior Flowserve executive, supported by a senior Flowserve lawyer, has oversight responsibility for Flowserve’s Conflict Minerals task force. This management team is responsible for implementing the Conflict Minerals management systems and communicating them throughout the organization and our business segments. The team is comprised of subject matter experts from relevant functional areas such as supply chain, engineering, communications, legal and business integrity and compliance. Senior management and the Board of Directors are briefed about our management systems and due diligence efforts on an annual basis.

 

  3.2.2.

Identify and Assess Risks in Supply Chain

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 actors upstream from our direct suppliers. Accordingly, we participate in a number of industry-wide initiatives to leverage information and common process. Further, as discussed above, we conducted an analysis of our supply base, and identified and performed additional diligence on suppliers that supply products that may contain Conflict Minerals and continued to contact unresponsive suppliers. We also monitor and track suppliers that may not meet the requirements set forth in our Conflict Minerals policy to determine their progress in meeting those requirements.

 

  3.2.3.

Design and Implement a Strategy to Respond to Risks

With respect to those products we manufacture or cause to be manufactured, Flowserve seeks to implement the following steps to mitigate the risk that necessary Conflict Minerals benefit armed groups:

 

   

Seek, where practicable, alternative suppliers that responsibly source necessary Conflict Minerals, which may include sources within the Covered Countries that do not benefit armed groups;

 

   

Engage with our suppliers to encourage responsible sourcing of minerals and identify and action suppliers that do not;

 

   

Attempt to negotiate clauses in future supplier contracts requiring suppliers to adhere to rules and regulations relating to the use of Conflict Minerals; and

 

   

Provide progress reports annually to our senior management and Board of Directors summarizing information gathered during our annual supply chain survey and providing a status of our risk mitigation efforts.

 

  3.2.4.

Carry out Independent Third Party Audit of Supply Chain Due Diligence

Flowserve does not have a direct relationship with smelters and refiners, nor do we perform direct audits of these entities that potentially provide our supply chain with Conflict Minerals. However, we do rely upon industry efforts to influence smelters and refineries to undertake audits and certification processes through RMI’s Responsible Minerals Assurance Process (“RMAP”).

 

  3.2.5.

Report on Supply Chain Due Diligence

In addition to this report, see our website at https://www.flowserve.com/en/more/about-company/conflict-minerals-policy for our full Conflict Minerals policy.

 

4.

Due Diligence Results

Survey Responses

Responses included the names of 617 entities listed by our suppliers as smelters or refiners (“SORs”), and based on our due diligence to date and information available from public sources, the Company believes that only 344 of the entities identified by our suppliers are engaged in smelting and/or refining activities. Approximately 66% (or 228) of the 344 entities were identified as conformant using the RMI Conformant Smelter List. All SORs listed by Flowserve suppliers in completed CMRTs, which appear on the RMI-maintained smelters list, are attached in Appendix A. The final comparison was done utilizing the RMI-maintained smelters list from May 25, 2023.

 

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Flowserve is typically many tiers in the supply chain removed from SORs, and our direct suppliers have not traced materials supplied to Flowserve back to individual SORs. Many of our suppliers provided information to Flowserve on all SORs identified to them by their suppliers and have not been able to confirm that necessary 3TG processed by these SORs is contained in the products they have supplied to us because some of the suppliers did not provide their CMRT at the product level. Therefore, it is possible that the list contains SORs not used to process necessary 3TG contained in our products.

Efforts to determine mine or location of origin

Through our participation in RMI, the OECD implementation programs, and requesting our suppliers to complete the template, we have determined that seeking information from our suppliers and their diligence with their sub-suppliers about Conflict Minerals smelters and refiners in our supply chain represents the most reasonable effort to determine the mines or locations of origin of the Conflict Minerals in our supply chain.

Smelters or Refiners

To date, Flowserve has received very limited information regarding smelters and/or refiners involved in the Company’s supply chain, as well as the origin of any materials they may potentially produce for Flowserve’s suppliers. The majority of our suppliers were unable to represent and/or confirm to us that Conflict Minerals from entities that are smelters and refiners had actually been included in components such suppliers supplied to Flowserve. Again, this reality is principally due to the fact that our suppliers provided data at a company or divisional level, and, not specific to the products such suppliers produce for Flowserve.

Appendix A, as attached, contains a list of smelters and refiners that Flowserve suppliers identified as being present in their supply chains that we believe may have processed 3TG contained in materials supplied to the Company. While our suppliers have provided names of additional entities to those listed in Appendix A, our review process remains ongoing related to the determination of whether they are smelters or refiners for Conflict Minerals relevant to our products.

We are uncertain of the Conflict Mineral status of the products that we manufacture that are subject to the reporting obligations of Rule 13p-1, because we have been unable to determine the origin of the Conflict Minerals they contain or to determine whether they come from recycled or scrap sources; the facilities used to process them; their country of origin; or their mine or location of origin. This said, however, Flowserve will continue due diligence efforts going forward.

 

5.

Due Diligence Improvement Steps

We intend to take the following steps to improve the due diligence conducted to further mitigate any risk that the necessary Conflict Minerals in our products could benefit armed groups in the Covered Countries:

 

  a.

Continue requesting and implementing a Conflict Minerals flow-down clause in new or renewed supplier long term agreements.

 

  b.

Continue to engage with suppliers and direct them to training resources to increase the response rate and improve the content of the supplier survey responses.

 

  c.

Intensify the identification of and communication with Flowserve’s second-tier smelters and refiners – i.e., smelters and refiners that sell Conflict Minerals directly to Flowserve’s first-tier suppliers and push to increase the number of smelters and refiners that participate in RMAP.

 

  d.

Spread best practices learned during execution of due diligence process in previous years across Flowserve business units.

 

  e.

Continue to engage suppliers found to be supplying us with Conflict Minerals from sources that support conflict in the Covered Countries and seek to establish an alternative source of Conflict Minerals that does not support such conflict.

 

  f.

Continue to work with the OECD and relevant trade associations to define and improve best practices and build leverage over the supply chain in accordance with the OECD Guidance.

 

  g.

Evaluate the current processes and procedure with the intent to further enhance the robustness of Flowserve’s Conflict Mineral program.

 

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APPENDIX A

 

Metal

 

Smelter ID

 

Standard Smelter Name

 

Country

Tungsten   CID000004   A.L.M.T. Corp.   JAPAN
Gold   CID000015   Advanced Chemical Company   UNITED STATES OF AMERICA
Gold   CID000019   Aida Chemical Industries Co., Ltd.   JAPAN
Gold   CID000035   Agosi AG   GERMANY
Gold   CID000041   Almalyk Mining and Metallurgical Complex (AMMC)   UZBEKISTAN
Gold   CID000058   AngloGold Ashanti Corrego do Sitio Mineracao   BRAZIL
Gold   CID000077   Argor-Heraeus S.A.   SWITZERLAND
Gold   CID000082   Asahi Pretec Corp.   JAPAN
Gold   CID000090   Asaka Riken Co., Ltd.   JAPAN
Gold   CID000103   Atasay Kuyumculuk Sanayi Ve Ticaret A.S.   TURKEY
Tungsten   CID000105   Kennametal Huntsville   UNITED STATES OF AMERICA
Gold   CID000113   Aurubis AG   GERMANY
Gold   CID000128   Bangko Sentral ng Pilipinas (Central Bank of the Philippines)   PHILIPPINES
Gold   CID000157   Boliden AB   SWEDEN
Gold   CID000176   C. Hafner GmbH + Co. KG   GERMANY
Gold   CID000180   Caridad   MEXICO
Gold   CID000185   CCR Refinery - Glencore Canada Corporation   CANADA
Gold   CID000189   Cendres + Metaux S.A.   SWITZERLAND
Gold   CID000197   Yunnan Copper Industry Co., Ltd.   CHINA
Tungsten   CID000218   Guangdong Xianglu Tungsten Co., Ltd.   CHINA
Tin   CID000228   Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.   CHINA
Gold   CID000233   Chimet S.p.A.   ITALY
Tungsten   CID000258   Chongyi Zhangyuan Tungsten Co., Ltd.   CHINA
Gold   CID000264   Chugai Mining   JAPAN
Tungsten   CID000281   CNMC (Guangxi) PGMA Co., Ltd.   CHINA
Tin   CID000292   Alpha   UNITED STATES OF AMERICA
Tin   CID000309   PT Aries Kencana Sejahtera   INDONESIA
Tin   CID000313   PT Premium Tin Indonesia   INDONESIA
Gold   CID000343   Daye Non-Ferrous Metals Mining Ltd.   CHINA
Gold   CID000359   DSC (Do Sung Corporation)   KOREA, REPUBLIC OF
Gold   CID000401   Dowa   JAPAN
Tin   CID000402   Dowa   JAPAN
Gold   CID000425   Eco-System Recycling Co., Ltd. East Plant   JAPAN
Tin   CID000438   EM Vinto   BOLIVIA (PLURINATIONAL STATE OF)
Tin   CID000448   Estanho de Rondonia S.A.   BRAZIL
Tantalum   CID000460   F&X Electro-Materials Ltd.   CHINA
Tin   CID000468   Fenix Metals   POLAND
Gold   CID000493   JSC Novosibirsk Refinery   RUSSIAN FEDERATION
Gold   CID000522   Refinery of Seemine Gold Co., Ltd.   CHINA
Tin   CID000538   Gejiu Non-Ferrous Metal Processing Co., Ltd.   CHINA
Tin   CID000555   Gejiu Zili Mining And Metallurgy Co., Ltd.   CHINA
Tungsten   CID000568   Global Tungsten & Powders LLC.   UNITED STATES OF AMERICA

 

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Tantalum   CID000616   XIMEI RESOURCES (GUANGDONG) LIMITED   CHINA
Gold   CID000651   Guoda Safina High-Tech Environmental Refinery Co., Ltd.   CHINA
Gold   CID000671   Hangzhou Fuchunjiang Smelting Co., Ltd.   CHINA
Gold   CID000689   LT Metal Ltd.   KOREA, REPUBLIC OF
Gold   CID000694   Heimerle + Meule GmbH   GERMANY
Gold   CID000707   Heraeus Metals Hong Kong Ltd.   CHINA
Gold   CID000711   Heraeus Germany GmbH Co. KG   GERMANY
Tungsten   CID000766   Hunan Chenzhou Mining Co., Ltd.   CHINA
Gold   CID000767   Hunan Chenzhou Mining Co., Ltd.   CHINA
Tungsten   CID000769   Hunan Jintai New Material Co., Ltd.   CHINA
Gold   CID000773   Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd.   CHINA
Gold   CID000778   HwaSeong CJ CO., LTD.   KOREA, REPUBLIC OF
Gold   CID000801   Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.   CHINA
Gold   CID000807   Ishifuku Metal Industry Co., Ltd.   JAPAN
Gold   CID000814   Istanbul Gold Refinery   TURKEY
Gold   CID000823   Japan Mint   JAPAN
Tungsten   CID000825   Japan New Metals Co., Ltd.   JAPAN
Gold   CID000855   Jiangxi Copper Co., Ltd.   CHINA
Tungsten   CID000875   Ganzhou Huaxing Tungsten Products Co., Ltd.   CHINA
Tantalum   CID000914   JiuJiang JinXin Nonferrous Metals Co., Ltd.   CHINA
Tantalum   CID000917   Jiujiang Tanbre Co., Ltd.   CHINA
Gold   CID000920   Asahi Refining USA Inc.   UNITED STATES OF AMERICA
Gold   CID000924   Asahi Refining Canada Ltd.   CANADA
Gold   CID000927   JSC Ekaterinburg Non-Ferrous Metal Processing Plant   RUSSIAN FEDERATION
Gold   CID000929   JSC Uralelectromed   RUSSIAN FEDERATION
Gold   CID000937   JX Nippon Mining & Metals Co., Ltd.   JAPAN
Tin   CID000942   Gejiu Kai Meng Industry and Trade LLC   CHINA
Gold   CID000956   Kazakhmys Smelting LLC   KAZAKHSTAN
Gold   CID000957   Kazzinc   KAZAKHSTAN
Tungsten   CID000966   Kennametal Fallon   UNITED STATES OF AMERICA
Gold   CID000969   Kennecott Utah Copper LLC   UNITED STATES OF AMERICA
Gold   CID000981   Kojima Chemicals Co., Ltd.   JAPAN
Gold   CID001029   Kyrgyzaltyn JSC   KYRGYZSTAN
Gold   CID001032   L’azurde Company For Jewelry   SAUDI ARABIA
Gold   CID001056   Lingbao Gold Co., Ltd.   CHINA
Gold   CID001058   Lingbao Jinyuan Tonghui Refinery Co., Ltd.   CHINA
Tin   CID001070   China Tin Group Co., Ltd.   CHINA
Tantalum   CID001076   AMG Brasil   BRAZIL
Gold   CID001078   LS-NIKKO Copper Inc.   KOREA, REPUBLIC OF
Gold   CID001093   Luoyang Zijin Yinhui Gold Refinery Co., Ltd.   CHINA
Tin   CID001105   Malaysia Smelting Corporation (MSC)   MALAYSIA
Tin   CID001105   Malaysia Smelting Corporation (MSC)   MALAYSIA
Gold   CID001113   Materion   UNITED STATES OF AMERICA
Gold   CID001119   Matsuda Sangyo Co., Ltd.   JAPAN
Tin   CID001142   Metallic Resources, Inc.   UNITED STATES OF AMERICA
Gold   CID001147   Metalor Technologies (Suzhou) Ltd.   CHINA
Gold   CID001149   Metalor Technologies (Hong Kong) Ltd.   CHINA

 

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Gold   CID001152   Metalor Technologies (Singapore) Pte., Ltd.   SINGAPORE
Gold   CID001153   Metalor Technologies S.A.   SWITZERLAND
Gold   CID001157   Metalor USA Refining Corporation   UNITED STATES OF AMERICA
Gold   CID001161   Metalurgica Met-Mex Penoles S.A. De C.V.   MEXICO
Tantalum   CID001163   Metallurgical Products India Pvt., Ltd.   INDIA
Tin   CID001173   Mineracao Taboca S.A.   BRAZIL
Tantalum   CID001175   Mineracao Taboca S.A.   BRAZIL
Tin   CID001182   Minsur   PERU
Gold   CID001188   Mitsubishi Materials Corporation   JAPAN
Tin   CID001191   Mitsubishi Materials Corporation   JAPAN
Tantalum   CID001192   Mitsui Mining and Smelting Co., Ltd.   JAPAN
Gold   CID001193   Mitsui Mining and Smelting Co., Ltd.   JAPAN
Tantalum   CID001200   NPM Silmet AS   ESTONIA
Gold   CID001204   Moscow Special Alloys Processing Plant   RUSSIAN FEDERATION
Gold   CID001220   Nadir Metal Rafineri San. Ve Tic. A.S.   TURKEY
Tin   CID001231   Jiangxi New Nanshan Technology Ltd.   CHINA
Gold   CID001236   Navoi Mining and Metallurgical Combinat   UZBEKISTAN
Gold   CID001259   Nihon Material Co., Ltd.   JAPAN
Tantalum   CID001277   Ningxia Orient Tantalum Industry Co., Ltd.   CHINA
Tin   CID001305   Novosibirsk Tin Combine   RUSSIAN FEDERATION
Tin   CID001314   O.M. Manufacturing (Thailand) Co., Ltd.   THAILAND
Gold   CID001325   Ohura Precious Metal Industry Co., Ltd.   JAPAN
Gold   CID001326   OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet)   RUSSIAN FEDERATION
Tin   CID001337   Operaciones Metalurgicas S.A.   BOLIVIA (PLURINATIONAL STATE OF)
Gold   CID001352   MKS PAMP SA   SWITZERLAND
Gold   CID001362   Penglai Penggang Gold Industry Co., Ltd.   CHINA
Gold   CID001386   Prioksky Plant of Non-Ferrous Metals   RUSSIAN FEDERATION
Gold   CID001397   PT Aneka Tambang (Persero) Tbk   INDONESIA
Tin   CID001399   PT Artha Cipta Langgeng   INDONESIA
Tin   CID001402   PT Babel Inti Perkasa   INDONESIA
Tin   CID001406   PT Babel Surya Alam Lestari   INDONESIA
Tin   CID001419   PT Bangka Tin Industry   INDONESIA
Tin   CID001421   PT Belitung Industri Sejahtera   INDONESIA
Tin   CID001428   PT Bukit Timah   INDONESIA
Tin   CID001453   PT Mitra Stania Prima   INDONESIA
Tin   CID001457   PT Panca Mega Persada   INDONESIA
Tin   CID001458   PT Prima Timah Utama   INDONESIA
Tin   CID001460   PT Refined Bangka Tin   INDONESIA
Tin   CID001463   PT Sariwiguna Binasentosa   INDONESIA
Tin   CID001468   PT Stanindo Inti Perkasa   INDONESIA
Tin   CID001477   PT Timah Tbk Kundur   INDONESIA
Tin   CID001482   PT Timah Tbk Mentok   INDONESIA
Tin   CID001486   PT Timah Nusantara   INDONESIA
Tin   CID001490   PT Tinindo Inter Nusa   INDONESIA
Tin   CID001493   PT Tommy Utama   INDONESIA
Gold   CID001498   PX Precinox S.A.   SWITZERLAND
Tantalum   CID001508   QuantumClean   UNITED STATES OF AMERICA

 

7


Gold   CID001512   Rand Refinery (Pty) Ltd.   SOUTH AFRICA
Tantalum   CID001522   Yanling Jincheng Tantalum & Niobium Co., Ltd.   CHINA
Gold   CID001534   Royal Canadian Mint   CANADA
Tin   CID001539   Rui Da Hung   TAIWAN, PROVINCE OF CHINA
Gold   CID001546   Sabin Metal Corp.   UNITED STATES OF AMERICA
Gold   CID001555   Samduck Precious Metals   KOREA, REPUBLIC OF
Gold   CID001562   Samwon Metals Corp.   KOREA, REPUBLIC OF
Gold   CID001585   SEMPSA Joyeria Plateria S.A.   SPAIN
Gold   CID001619   Shandong Tiancheng Biological Gold Industrial Co., Ltd.   CHINA
Gold   CID001622   Shandong Zhaojin Gold & Silver Refinery Co., Ltd.   CHINA
Gold   CID001736   Sichuan Tianze Precious Metals Co., Ltd.   CHINA
Gold   CID001756   SOE Shyolkovsky Factory of Secondary Precious Metals   RUSSIAN FEDERATION
Gold   CID001761   Solar Applied Materials Technology Corp.   TAIWAN, PROVINCE OF CHINA
Tantalum   CID001769   Solikamsk Magnesium Works OAO   RUSSIAN FEDERATION
Gold   CID001798   Sumitomo Metal Mining Co., Ltd.   JAPAN
Gold   CID001810   Super Dragon Technology Co., Ltd.   TAIWAN, PROVINCE OF CHINA
Tantalum   CID001869   Taki Chemical Co., Ltd.   JAPAN
Gold   CID001875   Tanaka Kikinzoku Kogyo K.K.   JAPAN
Tantalum   CID001891   Telex Metals   UNITED STATES OF AMERICA
Tin   CID001898   Thaisarco   THAILAND
Tin   CID001908   Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.   CHINA
Gold   CID001909   Great Wall Precious Metals Co., Ltd. of CBPM   CHINA
Gold   CID001916   Shandong Gold Smelting Co., Ltd.   CHINA
Gold   CID001938   Tokuriki Honten Co., Ltd.   JAPAN
Gold   CID001947   Tongling Nonferrous Metals Group Co., Ltd.   CHINA
Gold   CID001955   Torecom   KOREA, REPUBLIC OF
Tantalum   CID001969   Ulba Metallurgical Plant JSC   KAZAKHSTAN
Gold   CID001980   Umicore S.A. Business Unit Precious Metals Refining   BELGIUM
Gold   CID001993   United Precious Metal Refining, Inc.   UNITED STATES OF AMERICA
Gold   CID002003   Valcambi S.A.   SWITZERLAND
Tin   CID002015   VQB Mineral and Trading Group JSC   VIET NAM
Gold   CID002030   Western Australian Mint (T/a The Perth Mint)   AUSTRALIA
Tin   CID002036   White Solder Metalurgia e Mineracao Ltda.   BRAZIL
Tungsten   CID002044   Wolfram Bergbau und Hutten AG   AUSTRIA
Tungsten   CID002082   Xiamen Tungsten Co., Ltd.   CHINA
Gold   CID002100   Yamakin Co., Ltd.   JAPAN
Gold   CID002129   Yokohama Metal Co., Ltd.   JAPAN
Tin   CID002158   Yunnan Chengfeng Non-ferrous Metals Co., Ltd.   CHINA
Tin   CID002180   Tin Smelting Branch of Yunnan Tin Co., Ltd.   CHINA
Gold   CID002224   Zhongyuan Gold Smelter of Zhongjin Gold Corporation   CHINA
Gold   CID002243   Gold Refinery of Zijin Mining Group Co., Ltd.   CHINA
Gold   CID002282   Morris and Watson   NEW ZEALAND
Gold   CID002290   SAFINA A.S.   CZECHIA
Gold   CID002312   Guangdong Jinding Gold Limited   CHINA
Tungsten   CID002313   Jiangxi Minmetals Gao’an Non-ferrous Metals Co., Ltd.   CHINA
Gold   CID002314   Umicore Precious Metals Thailand   THAILAND
Tungsten   CID002315   Ganzhou Jiangwu Ferrotungsten Co., Ltd.   CHINA

 

8


Tungsten   CID002316   Jiangxi Yaosheng Tungsten Co., Ltd.   CHINA
Tungsten   CID002317   Jiangxi Xinsheng Tungsten Industry Co., Ltd.   CHINA
Tungsten   CID002318   Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.   CHINA
Tungsten   CID002319   Malipo Haiyu Tungsten Co., Ltd.   CHINA
Tungsten   CID002320   Xiamen Tungsten (H.C.) Co., Ltd.   CHINA
Tungsten   CID002321   Jiangxi Gan Bei Tungsten Co., Ltd.   CHINA
Tin   CID002455   CV Venus Inti Perkasa   INDONESIA
Gold   CID002459   Geib Refining Corporation   UNITED STATES OF AMERICA
Tin   CID002468   Magnu’s Minerais Metais e Ligas Ltda.   BRAZIL
Tin   CID002478   PT Tirus Putra Mandiri   INDONESIA
Tantalum   CID002492   Hengyang King Xing Lifeng New Materials Co., Ltd.   CHINA
Tungsten   CID002494   Ganzhou Seadragon W & Mo Co., Ltd.   CHINA
Tin   CID002500   Melt Metais e Ligas S.A.   BRAZIL
Tungsten   CID002502   Asia Tungsten Products Vietnam Ltd.   VIET NAM
Tin   CID002503   PT ATD Makmur Mandiri Jaya   INDONESIA
Tantalum   CID002504   D Block Metals, LLC   UNITED STATES OF AMERICA
Tantalum   CID002505   FIR Metals & Resource Ltd.   CHINA
Tantalum   CID002506   Jiujiang Zhongao Tantalum & Niobium Co., Ltd.   CHINA
Tantalum   CID002508   XinXing HaoRong Electronic Material Co., Ltd.   CHINA
Gold   CID002509   MMTC-PAMP India Pvt., Ltd.   INDIA
Gold   CID002511   KGHM Polska Miedz Spolka Akcyjna   POLAND
Tantalum   CID002512   Jiangxi Dinghai Tantalum & Niobium Co., Ltd.   CHINA
Tungsten   CID002513   Hunan Shizhuyuan Nonferrous Metals Co., Ltd. Chenzhou Tungsten Products Branch   CHINA
Gold   CID002515   Fidelity Printers and Refiners Ltd.   ZIMBABWE
Gold   CID002516   Singway Technology Co., Ltd.   TAIWAN, PROVINCE OF CHINA
Tin   CID002517   O.M. Manufacturing Philippines, Inc.   PHILIPPINES
Gold   CID002525   Shandong Humon Smelting Co., Ltd.   CHINA
Gold   CID002527   Shenzhen Zhonghenglong Real Industry Co., Ltd.   CHINA
Tantalum   CID002539   KEMET de Mexico   MEXICO
Tungsten   CID002541   H.C. Starck Tungsten GmbH   GERMANY
Tungsten   CID002542   TANIOBIS Smelting GmbH & Co. KG   GERMANY
Tungsten   CID002543   Masan High-Tech Materials   VIET NAM
Tantalum   CID002544   TANIOBIS Co., Ltd.   THAILAND
Tantalum   CID002545   TANIOBIS GmbH   GERMANY
Tantalum   CID002548   Materion Newton Inc.   UNITED STATES OF AMERICA
Tantalum   CID002549   TANIOBIS Japan Co., Ltd.   JAPAN
Tantalum   CID002550   TANIOBIS Smelting GmbH & Co. KG   GERMANY
Tungsten   CID002551   Jiangwu H.C. Starck Tungsten Products Co., Ltd.   CHINA
Tantalum   CID002557   Global Advanced Metals Boyertown   UNITED STATES OF AMERICA
Tantalum   CID002558   Global Advanced Metals Aizu   JAPAN
Gold   CID002560   Al Etihad Gold Refinery DMCC   UNITED ARAB EMIRATES
Gold   CID002561   Emirates Gold DMCC   UNITED ARAB EMIRATES
Gold   CID002562   International Precious Metal Refiners   UNITED ARAB EMIRATES
Gold   CID002563   Kaloti Precious Metals   UNITED ARAB EMIRATES
Gold   CID002567   Sudan Gold Refinery   SUDAN
Tin   CID002570   CV Ayi Jaya   INDONESIA

 

9


Tin   CID002572   Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company   VIET NAM
Tin   CID002573   Nghe Tinh Non-Ferrous Metals Joint Stock Company   VIET NAM
Tin   CID002574   Tuyen Quang Non-Ferrous Metals Joint Stock Company   VIET NAM
Gold   CID002580   T.C.A S.p.A   ITALY
Gold   CID002582   REMONDIS PMR B.V.   NETHERLANDS
Gold   CID002584   Fujairah Gold FZC   UNITED ARAB EMIRATES
Gold   CID002587   Industrial Refining Company   BELGIUM
Gold   CID002588   Shirpur Gold Refinery Ltd.   INDIA
Tungsten   CID002589   Niagara Refining LLC   UNITED STATES OF AMERICA
Tin   CID002593   PT Rajehan Ariq   INDONESIA
Gold   CID002605   Korea Zinc Co., Ltd.   KOREA, REPUBLIC OF
Gold   CID002606   Marsam Metals   BRAZIL
Gold   CID002615   TOO Tau-Ken-Altyn   KAZAKHSTAN
Tungsten   CID002641   China Molybdenum Tungsten Co., Ltd.   CHINA
Tungsten   CID002645   Ganzhou Haichuang Tungsten Co., Ltd.   CHINA
Tungsten   CID002649   Hydrometallurg, JSC   RUSSIAN FEDERATION
Tin   CID002696   PT Cipta Persada Mulia   INDONESIA
Tin   CID002703   An Vinh Joint Stock Mineral Processing Company   VIET NAM
Tin   CID002706   Resind Industria e Comercio Ltda.   BRAZIL
Tantalum   CID002707   Resind Industria e Comercio Ltda.   BRAZIL
Gold   CID002708   Abington Reldan Metals, LLC   UNITED STATES OF AMERICA
Tungsten   CID002724   Unecha Refractory metals plant   RUSSIAN FEDERATION
Gold   CID002750   Shenzhen CuiLu Gold Co., Ltd.   CHINA
Tin   CID002756   Super Ligas   BRAZIL
Gold   CID002760   Albino Mountinho Lda.   PORTUGAL
Gold   CID002761   SAAMP   FRANCE
Gold   CID002762   L’Orfebre S.A.   ANDORRA
Gold   CID002763   8853 S.p.A.   ITALY
Gold   CID002765   Italpreziosi   ITALY
Tin   CID002773   Aurubis Beerse   BELGIUM
Tin   CID002774   Aurubis Berango   SPAIN
Tin   CID002776   PT Bangka Prima Tin   INDONESIA
Gold   CID002778   WIELAND Edelmetalle GmbH   GERMANY
Gold   CID002779   Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH   AUSTRIA
Tin   CID002816   PT Sukses Inti Makmur (SIM)   INDONESIA
Tungsten   CID002827   Philippine Chuangxin Industrial Co., Inc.   PHILIPPINES
Tungsten   CID002833   ACL Metais Eireli   BRAZIL
Tin   CID002835   PT Menara Cipta Mulia   INDONESIA
Tantalum   CID002842   Jiangxi Tuohong New Raw Material   CHINA
Tungsten   CID002845   Moliren Ltd.   RUSSIAN FEDERATION
Gold   CID002850   AU Traders and Refiners   SOUTH AFRICA
Gold   CID002852   GGC Gujrat Gold Centre Pvt. Ltd.   INDIA
Gold   CID002853   Sai Refinery   INDIA
Gold   CID002857   Modeltech Sdn Bhd   MALAYSIA
Tin   CID002858   Modeltech Sdn Bhd   MALAYSIA
Gold   CID002863   Bangalore Refinery   INDIA
Gold   CID002865   Kyshtym Copper-Electrolytic Plant ZAO   RUSSIAN FEDERATION

 

10


Gold   CID002867   Degussa Sonne / Mond Goldhandel GmbH   GERMANY
Gold   CID002872   Pease & Curren   UNITED STATES OF AMERICA
Gold   CID002893   JALAN & Company   INDIA
Gold   CID002918   SungEel HiMetal Co., Ltd.   KOREA, REPUBLIC OF
Gold   CID002919   Planta Recuperadora de Metales SpA   CHILE
Gold   CID002920   ABC Refinery Pty Ltd.   AUSTRALIA
Gold   CID002973   Safimet S.p.A   ITALY
Tin   CID003116   Guangdong Hanhe Non-Ferrous Metal Co., Ltd.   CHINA
Gold   CID003153   State Research Institute Center for Physical Sciences and Technology   LITHUANIA
Gold   CID003185   African Gold Refinery   UGANDA
Gold   CID003186   Gold Coast Refinery   GHANA
Gold   CID003189   NH Recytech Company   KOREA, REPUBLIC OF
Tin   CID003190   Chifeng Dajingzi Tin Industry Co., Ltd.   CHINA
Tin   CID003205   PT Bangka Serumpun   INDONESIA
Tin   CID003208   Pongpipat Company Limited   MYANMAR
Gold   CID003324   QG Refining, LLC   UNITED STATES OF AMERICA
Tin   CID003325   Tin Technology & Refining   UNITED STATES OF AMERICA
Gold   CID003348   Dijllah Gold Refinery FZC   UNITED ARAB EMIRATES
Tin   CID003356   Dongguan CiEXPO Environmental Engineering Co., Ltd.   CHINA
Tin   CID003381   PT Rajawali Rimba Perkasa   INDONESIA
Gold   CID003382   CGR Metalloys Pvt Ltd.   INDIA
Gold   CID003383   Sovereign Metals   INDIA
Tin   CID003387   Luna Smelter, Ltd.   RWANDA
Tin   CID003397   Yunnan Yunfan Non-ferrous Metals Co., Ltd.   CHINA
Tungsten   CID003407   Lianyou Metals Co., Ltd.   TAIWAN, PROVINCE OF CHINA
Tungsten   CID003408   JSC “Kirovgrad Hard Alloys Plant”   RUSSIAN FEDERATION
Tin   CID003409   Precious Minerals and Smelting Limited   INDIA
Tin   CID003410   Gejiu City Fuxiang Industry and Trade Co., Ltd.   CHINA
Tungsten   CID003416   NPP Tyazhmetprom LLC   RUSSIAN FEDERATION
Tungsten   CID003417   Hubei Green Tungsten Co., Ltd.   CHINA
Gold   CID003421   C.I Metales Procesados Industriales SAS   COLOMBIA
Gold   CID003424   Eco-System Recycling Co., Ltd. North Plant   JAPAN
Gold   CID003425   Eco-System Recycling Co., Ltd. West Plant   JAPAN
Tungsten   CID003427   Albasteel Industria e Comercio de Ligas Para Fundicao Ltd.   BRAZIL
Tin   CID003449   PT Mitra Sukses Globalindo   INDONESIA
Gold   CID003461   Augmont Enterprises Private Limited   INDIA
Gold   CID003463   Kundan Care Products Ltd.   INDIA
Tungsten   CID003468   Cronimet Brasil Ltda   BRAZIL
Tin   CID003486   CRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil Ltda   BRAZIL
Gold   CID003487   Emerald Jewel Industry India Limited (Unit 1)   INDIA
Gold   CID003488   Emerald Jewel Industry India Limited (Unit 2)   INDIA
Gold   CID003489   Emerald Jewel Industry India Limited (Unit 3)   INDIA
Gold   CID003490   Emerald Jewel Industry India Limited (Unit 4)   INDIA
Gold   CID003497   K.A. Rasmussen   NORWAY
Gold   CID003500   Alexy Metals   UNITED STATES OF AMERICA
Tin   CID003524   CRM Synergies   SPAIN

 

11


Gold   CID003529   Sancus ZFS (L’Orfebre, SA)   COLOMBIA
Gold   CID003540   Sellem Industries Ltd.   MAURITANIA
Gold   CID003548   MD Overseas   INDIA
Tungsten   CID003553   Artek LLC   RUSSIAN FEDERATION
Gold   CID003557   Metallix Refining Inc.   UNITED STATES OF AMERICA
Gold   CID003575   Metal Concentrators SA (Pty) Ltd.   SOUTH AFRICA
Tin   CID003582   Fabrica Auricchio Industria e Comercio Ltda.   BRAZIL
Tantalum   CID003583   RFH Yancheng Jinye New Material Technology Co., Ltd.   CHINA
Tungsten   CID003609   Fujian Xinlu Tungsten Co., Ltd.   CHINA
Tungsten   CID003612   OOO “Technolom” 2   RUSSIAN FEDERATION
Tungsten   CID003614   OOO “Technolom” 1   RUSSIAN FEDERATION
Gold   CID003615   WEEEREFINING   FRANCE
Gold   CID003641   Gold by Gold Colombia   COLOMBIA
Tungsten   CID003643   LLC Vostok   RUSSIAN FEDERATION
Tungsten   CID003662   YUDU ANSHENG TUNGSTEN CO., LTD.   CHINA
Gold   CID003663   Dongwu Gold Group   CHINA
Tin   CID003831   DS Myanmar   MYANMAR
Tin   CID003868   PT Putera Sarana Shakti (PT PSS)   INDONESIA
Tantalum   CID003926   5D Production OU   ESTONIA
Tungsten   CID003978   HANNAE FOR T Co., Ltd.   KOREA, REPUBLIC OF
Tungsten   CID003993   Tungsten Vietnam Joint Stock Company   VIET NAM
Tungsten   CID004060   DONGKUK INDUSTRIES CO., LTD.   KOREA, REPUBLIC OF

 

12