EX-1.01 2 gecm2015ex101.htm

Exhibit 1.01

General Electric Company
2014 Conflict Minerals Report
Introduction
General Electric Company ("GE" or the "Company") has prepared this Report for the year ended December 31, 2014 to satisfy the requirements of Rule 13p-1 of the Securities Exchange Act.  GE manufactures a wide range of products that contain tin, tantalum, tungsten or gold ("3TG" or "Conflict Minerals"), but GE does not purchase ore or unrefined Conflict Minerals from mines and generally is many steps removed in the supply chain from the mining of these minerals.  We purchase materials from a wide network of suppliers so we necessarily rely on them to assist with our reasonable country of origin inquiry.  After performing a reasonable country of origin inquiry and due diligence for 2014, we have not been able to establish the conflict status of our products, due to the continued unavailability of complete information across our broad and deep supply chain.  However, in 2014, the number of smelters and refiners in our supply chain that have been verified to be conflict-free substantially increased in comparison to 2013, as described under "Continuous improvement" below.
This Report describes:
the due diligence we performed for 2014, including the steps we took to mitigate the risk that Conflict Minerals in our products benefit armed groups;
the products that we have reason to believe might contain 3TG originating from the Democratic Republic of the Congo or an adjoining country (collectively, the "Covered Countries");
information known about the facilities and countries of origin of the 3TG in those products;
acronyms used in this Report; and
where you can find additional information about our Conflict Minerals program.
Due Diligence
1.
Design of GE's due diligence measures
GE has adopted Conflict Minerals Guidelines (the "Guidelines") that lay out the design of its Conflict Minerals due diligence process.  The Guidelines describe procedures that each GE business is expected to use to perform due diligence on the source and origin of 3TG contained in products it manufactures. GE management designed our due diligence measures to conform in material respects to the OECD Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (the "OECD Guidance"), the Supplement on Tin, Tantalum, and Tungsten (the "Supplement"), and the Supplement on Gold.
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2.
Description of GE's due diligence measures for 2014
This description of due diligence measures refers to measures performed at the GE corporate level and by the following GE businesses:  Appliances & Lighting, Aviation, Energy Management, Healthcare, Oil & Gas, Power & Water and Transportation. This description is presented pursuant to the organizational structure of the Five-Step Framework for Risk-Based Due Diligence in the Mineral Supply Chain contained in the OECD Guidance, as elaborated for downstream companies in the Supplement.
Step 1:  Establish strong company management systems
A.
Adopt and commit to a supply chain policy for minerals originating from conflict-affected and high-risk areas
The Guidelines contain the operative provisions of GE's Statement on Conflict Minerals, which can be found on GE's website (see "Additional Resources" below), as well as the process for ensuring that risks are adequately managed.  GE Corporate created and disseminated the Guidelines to each GE business for execution of GE's Conflict Minerals due diligence process.  Additional GE policies that relate to the due diligence measures contained in the OECD Guidance are incorporated into GE's policy document The Spirit & the Letter, which can be found on GE's website (see "Additional Resources" below).
B.
Structure internal management systems to support supply chain due diligence
GE corporate.  A senior GE executive, supported by a senior GE lawyer, has oversight responsibility for GE's Statement on Conflict Minerals, including the establishment of processes and procedures to carry out this statement.
GE businesses. Each GE business has:
established a system to support performance of due diligence on its supply chain;
documented that system in a written business program; and
assigned personnel responsible for executing the business program.
Internal reporting.  For 2014, GE Corporate used the following Conflict Minerals due diligence reporting mechanisms:
Reporting within GE businesses: Each GE business conducted one or more reviews of its Conflict Minerals due diligence program with senior management in its Sourcing organization covering measurements relating to efforts to achieve supply chain transparency;
Communicating across GE businesses: Representatives of GE businesses and others having responsibilities for executing Conflict Minerals due diligence held regularly scheduled calls to discuss design and modification of the due diligence process, share best practices among the businesses, and monitor progress in executing the due diligence process; and
Reporting to GE Corporate Sourcing and Controllership leaders: Reports on GE's progress in completing Conflict Minerals due diligence have been made periodically to GE's Sourcing Council, which comprises GE corporate executives responsible for supply chain programs and the leads of the Sourcing organizations of GE's businesses; and to GE Controllership on "Leadership Brief" calls, attended by GE's Vice President and Controller and other senior management responsible for GE's Securities and Exchange Commission reporting.
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C.
Establish a system of controls and transparency over the mineral supply chain
Identifying suppliers.  Each GE business identified:
Relevant Suppliers: suppliers that provide inputs to GE products that are known or are likely to contain 3TG through a process that is based on an examination of internal records such as bills of material or other product specifications, a qualitative review of sourcing records, or information provided by the supplier; and
Significant Suppliers: those suppliers within the universe of Relevant Suppliers that are most significant to GE's Conflict Minerals program using criteria developed by the business, such as the amount of sourcing spend with the supplier.
Identifying smelters and refiners in the supply chain.  Each GE business identified all smelters and refiners of Conflict Minerals that are first-tier suppliers to GE and used its best efforts to collect relevant data from Significant Suppliers using a survey tool developed by GE based on the Conflict-Free Sourcing Initiative's ("CFSI") Conflict Minerals Reporting Template ("CMRT").  The survey tool is designed to collect, manage and archive (for at least five years) supplier information relevant for Conflict Minerals due diligence including, among other things, the identity of smelters and refiners of 3TG in the supplier's supply chain.  For 2014, GE sought to improve the quality of survey results by applying standardized criteria, based on the CMRT, for assessing the acceptability of survey responses.
Conducting a reasonable country of origin inquiry.  For upstream due diligence to identify countries of origin and other relevant information concerning the conflict status of metals produced by the smelters and refiners identified in GE's supply chain, GE relies on the information made available through the Conflict-Free Smelter Program ("CFSP") administered by CFSI.  GE relied on this information to identify (1) the conflict status of 3TG processed by these smelters and refiners; and (2) the countries of origin of ores in the supply chains of these smelters and refiners that were listed by the CFSP as having been verified to be conflict-free during 2014.  Where the CFSP data showed that ores utilized by one or more of these smelters or refiners originated in one or more of the Covered Countries, GE concluded that there is reason to believe that 3TG from the Covered Countries is present in the products of the business in the supply chain for which such smelters or refiners were reported.  Due to business confidentiality and other competitive concerns, as recognized by the Supplement, the CFSP does not publish detailed information on specific mine and location of origin of ores that feed the smelters and refiners subject to verification reviews.  Consequently, no such information is provided in this Report.  CFSP's efforts to determine such information is described on the CFSI website (see "Additional Resources" below).
D.
Strengthen company engagement with suppliers
Regular communications. GE regularly communicated its expectations on responsible supply chains of Conflict Minerals by transmitting surveys and other communications from the sourcing organizations of the GE businesses to Significant Suppliers and other Relevant Suppliers using an electronic survey tool.
Contractual obligations. Each GE business contractually obligated Relevant Suppliers to (1) adopt policies and establish systems to use best efforts to procure Conflict Minerals from sources that have been verified as conflict free; (2) provide supporting data on their 3TG supply chains to GE when requested; and (3) provide GE with the rights to audit and terminate the contract in the event of material non-compliance.  These obligations are reflected in GE's Integrity Guide for Suppliers, Contractors and Consultants ("Integrity Guide"), which can be found on GE's website (see "Additional Resources" below).  Purchase order and contract terms and conditions in use by GE businesses bind suppliers to conform their behavior to the Integrity Guide.
E.
Establish a company level grievance mechanism
Integrity Guide.  The Integrity Guide provides four separate methods for suppliers and supplier personnel to raise concerns about matters that are subject to the Integrity Guide, including GE's expectations of suppliers concerning Conflict Minerals.
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Open reporting system.  Each GE business also has an open reporting system through which employees and third parties may report concerns about policy violations, including concerns related to our Conflict Minerals policies. Concerns can be reported anonymously or for attribution through several channels, including the employee's manager, GE's legal department, or the relevant GE compliance officer, by calling the GE integrity hotline, or by emailing the GE Ombudsman.
No retaliation.  Both the Integrity Guide and the open reporting system forbid retaliation against any person reporting an integrity concern.
 
Step 2:  Identify and assess supply chain risks
A.
Use best efforts to identify the smelters and refiners in the supply chain
During 2014, using the processes described above under "Establish a system of controls and transparency over the mineral supply chain," GE businesses identified 8,947 Relevant Suppliers (down from 9,874 in 2013), including 2,347 Significant Suppliers (down from 3,191 in 2013).  Significant Suppliers identified 258 smelters and refiners of 3TG in their supply chains (up from 203 in 2013).  See Table A below for a complete list of identified smelters and refiners and their validation status under the CFSI CFSP.
B.
Identify the scope of the risk assessment of the mineral supply chain
Engaging with suppliers.  GE's Conflict Minerals supplier survey asked suppliers to identify smelters or refiners from which they made direct purchases of products containing 3TG (first-tier smelters or refiners to our first-tier suppliers), and during 2014, a number of GE suppliers reported the identities of first-tier smelters or refiners in their supply chains.  In 2014, GE continued to communicate to these suppliers encouraging them to impose requirements on their first-tier smelters and refiners consistent with those that GE imposes on its first-tier suppliers, as described under "Devise and adopt a risk management plan" below.
Engaging with smelters and refiners.  In addition to engaging with smelters and refiners through the CFSP, GE engaged independently with tungsten smelters from which GE Lighting buys tungsten-bearing products directly ("first-tier tungsten smelters") to encourage them to participate in the smelter validation process of the CFSP.  See "Devise and adopt a risk management plan" below for additional information on this engagement.
C.
Assess whether the smelters and refiners have carried out all elements of due diligence for responsible supply chains of minerals from conflict-affected and high-risk areas
Each GE business conducted due diligence to determine the degree of compliance by suppliers with the contractual obligations laid out in the Guidelines and the accuracy of reported information based on a risk analysis and with separate levels of intensity that depend upon risk of non-compliance.  Measures may include reviewing supplier responses for completeness, accuracy and credibility, and confirming smelter status by checking against the CFSI's Conflict Free Smelter list or other list of smelters that have been verified in accordance with OECD Guidance.
D.
Where necessary, carry out joint spot checks at the mineral smelter or refiner's own facilities (including through participation in industry-driven programs)
First-tier suppliers.  Each GE business is responsible for confirming that each of its first-tier suppliers that are smelters and refiners (if any):
has a policy and procedures to eliminate sourcing of conflict-supporting minerals;
has been subject to an audit of the origin of their 3TG supplies conducted in accordance with OECD Guidance or has made a firm commitment to undergo such an audit as soon as it can be scheduled; and
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passes the audit as being conflict-free or, having failed the audit, has established and put into place a plan to correct process deficiencies by the end of the relevant reporting period.
Lower-tier (upstream) suppliers.  In accordance with OECD Guidance, including its audit recommendations for downstream companies, GE implemented upstream audits by participating in and cooperating with industry organizations.  GE is a partner company of CFSI and has, periodically, supported CFSI and CFSP through membership on governance committees and providing financial assistance and in-kind assistance with CFSP smelter validation.  As such, GE relied on the CFSP to conduct risk assessment at the upstream level.  For each smelter identified in its supply chain at the first or lower tiers, each GE business assessed the information available from the CFSP (or other audits conducted in accordance with OECD Guidance) to determine whether there were any "red flags" (as defined in OECD Guidance).
 
Step 3:  Design and implement a strategy to respond to identified risks
A.
Report findings to designated senior management
See "Structure internal management systems to support supply chain due diligence" above for a description of GE's Conflict Minerals due diligence internal reporting processes.
B.
Devise and adopt a risk management plan
Across GE.  Each GE business periodically compiles a report of Conflict Minerals risks identified in its supply chain at both the downstream and upstream levels for review by the GE business executive-level program owner to determine appropriate steps to take in mitigating any risks identified in the reports.  In 2014, these steps focused on reducing risk by engaging those first-tier suppliers that reported purchases directly from smelters or refiners to encourage those smelters or refiners (GE's second-tier smelters or refiners) to maintain programs to eliminate from their supply chains minerals from conflict mines and become verified as conflict-free under the CFSP or a similar program.
GE Lighting.  As noted above, GE Lighting has first-tier tungsten smelters in its supply chain, and, building on engagement with these smelters begun by GE Lighting as early as 2009, GE Lighting and GE Corporate in 2014 participated with the CFSP in meetings with representatives of the tungsten smelter industry to encourage tungsten smelter participation in the CFSP.  Currently, 100% of the first-tier tungsten smelters that provided product to GE Lighting North America in 2014 have been verified as conflict-free under the CFSP or are scheduled for a CFSP audit, and GE Lighting has suspended purchases from first-tier tungsten smelters that are not verified or scheduled for a verification audit.
 
Step 4:  Carry out independent 3rd-party audit of smelters/refiners' due diligence practices
See "Where necessary, carry out joint spot checks at the mineral smelter or refiner's own facilities (including through participation in industry-driven programs)" above for a discussion of how GE conducted risk assessment at the upstream level.
 
Step 5:   Report annually on supply chain due diligence
In addition to filing this Report, GE's Sustainability Report contains descriptions of its Conflict Minerals program, including a discussion of our due diligence process and progress in accomplishing the goals of our Statement on Conflict Minerals (see "Additional Resources" below).
3.
Continuous improvement
2014
 progress.  For 2014, GE continued to focus on:
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due diligence to improve the transparency in its Conflict Minerals supply chain, increasing the number of identified 3TG smelters and refiners in its supply chain by 27% to 258 in 2014; and
supplier engagement to reduce Conflict Minerals supply chain risk, increasing the number of smelters and refiners in our supply chain that have been verified to be conflict-free by 93% to 137 in 2014.  As a result, more than 50% of the smelters and refiners in our supply chain have been verified to be conflict-free.
2015 actions to improve due diligence and supplier engagement.  GE intends to take the following steps in 2015 to improve due diligence and thereby mitigate the risk that Conflict Minerals in GE products may benefit armed groups:
endeavor to continue to improve the percentage of Significant Suppliers responding to GE's supply chain surveys and the quality of their responses, by intensifying communication with suppliers and spreading across the GE businesses best practices learned during execution of the due diligence process in 2014; and
intensify the identification of and communication with GE's second-tier smelters and refiners – that is, those smelters and refiners that sell 3TG directly to GE's first-tier suppliers – in order to continue to increase the number of smelters and refiners that participate in the CFSP.
Description of Products Manufactured by GE in 2014
Appliances & Lighting
Major home appliances including refrigerators, freezers, electric and gas ranges, cooktops, dishwashers, clothes washers and dryers, microwave ovens, room air conditioners, residential water systems for filtration, softening and heating, and hybrid water heaters
Lighting products for consumer, commercial, and industrial applications, including incandescent, halogen, fluorescent, high-intensity discharge, light-emitting diode, automotive and miniature products
Aviation
Jet engines, turboprop and turbo shaft engines, and related replacement parts for use in military and commercial aircraft
Aerospace systems and equipment, including airborne platform computing systems, power generation and distribution products, mechanical actuation products and landing gear
Various engine components for use in both military and commercial aircraft
Energy Management
Integrated electrical products and systems used to distribute, protect and control energy and equipment, including electrical distribution and control products, lighting and power panels, switchgear and circuit breakers for a variety of residential, commercial, consumer and industrial applications
Industrial-strength communications equipment
Smart meters
Monitoring and diagnostics equipment
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Advanced analytics equipment
Advanced motor, drives and control equipment
Automation equipment, including single board computers, motion control and operator interface equipment
Healthcare
Medical diagnostic imaging and information equipment, including magnetic resonance, computed tomography and positron emission tomography scanners
X-ray, nuclear imaging, digital mammography, and molecular imaging equipment
Medical diagnostics, and patient monitoring systems
Disease research, drug discovery and biopharmaceutical manufacturing products
Equipment for patient and resident monitoring, diagnostic cardiology, ultrasound, bone densitometry, anesthesiology and oxygen therapy, and neonatal and critical care devices
Medical diagnostics and life sciences products, including diagnostic imaging agents used in medical scanning procedures, drug discovery, biopharmaceutical manufacturing and purification
Tools for protein and cellular analysis for pharmaceutical and academic research, including existing and a pipeline of precision molecular diagnostics in development for neurology, cardiology and oncology applications
Oil & Gas
Equipment for the global oil and gas industry, used in applications ranging from drilling through production
Equipment for liquefied natural gas and pipeline compression, pipeline inspection, and downstream processing in refineries and petrochemical plants
Surface and subsea drilling and production equipment
Equipment for floating production platforms
Compressors
Turbines
Turboexpanders
High pressure reactors
Industrial power generation and auxiliary equipment
Sensors for temperature, pressure, moisture, gas and flow rate
Non-destructive testing inspection equipment, including radiographic, including ultrasonic, remote visual and eddy current equipment
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Power & Water
Products and services related to energy production, including gas turbines and generators used principally for generation of electricity and for industrial cogeneration and mechanical drive applications
Integrated gasification combined cycle systems
Steam turbines and generators for fossil-fired, combined cycle, integrated gasification combined cycle, renewable, industrial, petrochemical, and nuclear applications
Wind turbines
Aircraft engine derivatives for use as industrial power sources
Nuclear reactors and fuel for boiling water reactors
Industrial and municipal water systems products, including specialty chemicals, water purification systems, pumps, valves, filters and fluid handling equipment, including mobile treatment systems and desalination equipment.
Transportation
High-horsepower, diesel-electric locomotives and kits
Train control products, and signaling systems
Drive technology products for the mining, transit, marine and stationary, and drilling industries
Mining products with a focus on underground mining
Information Known to GE about 3TG in GE products
GE manufactures a wide range of products that contain Conflict Minerals, but GE does not purchase ore or unrefined conflict minerals from mines and generally is many steps removed in the supply chain from the mining of these minerals.  We purchase materials from a wide network of suppliers so we necessarily rely on them to assist with our reasonable country of origin inquiry.  After performing a reasonable country of origin inquiry and due diligence for 2014, we have not been able to establish the conflict status of our products, due to the continued unavailability of complete information across our broad and deep supply chain.
Facilities Used to Process 3TG in GE Products
GE obtained information about the facilities used to process 3TG in GE products through the downstream due diligence activities described in this Report.  Table A below contains a list of smelters and refiners that GE suppliers identified as being present in their supply chains that GE believes may have processed 3TG contained in GE products.
Countries of Origin of 3TG in GE Products
GE obtained information about the country of origin and mine or location of origin of 3TG in GE products through reliance on the CFSP's upstream audits of smelters and refiners in GE's supply chain described in this Report.  Table B below contains a list of known countries of origin of 3TG used by smelters and refiners that GE suppliers identified as being present in their supply chains.
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Table A
Summary of Smelters and Refiners
# of Smelters and Refiners Reported in Our Supply Chain

 
A. CFSI Compliant Smelters & Refiners1
B. CFSI Participating Smelters & Refiners2
C. Other
Smelters & Refiners3
Total
 
2013
2014
2013
2014
2013
2014
2013
2014
Tantalum
20
38
1
1
2
2
23
41
Tin
13
28
12
22
42
23
67
73
Tungsten
0
11
15
20
6
4
21
35
Gold
38
60
36
7
18
42
92
109

(1)
Audited by the CFSI and have been found to be compliant with the CFSI's Conflict-Free Smelter Program.
(2)
In the process of being audited by the CFSI, including, for 2014, 19 tungsten smelters that have agreed to complete a CFSP audit within two years of joining the Tungsten Industry – Conflict Minerals Council.
(3)
Have not commenced the process of being audited by the CFSI.
 
A. CFSI Compliant Smelters and Refiners for 2014
 
 
Metal
Smelter/Refiner Name
Smelter/Refiner Location
Gold
Allgemeine Gold-und Silberscheideanstalt A.G.
Germany
Gold
AngloGold Ashanti Córrego do Sítio Minerção
Brazil
Gold
Argor-Heraeus SA
Switzerland
Gold
Asahi Pretec Corporation
Japan
Gold
Atasay Kuyumculuk Sanayi Ve Ticaret A.S.
Turkey
Gold
Aurubis AG
Germany
Gold
Boliden AB
Sweden
Gold
C. Hafner GmbH + Co. KG
Germany
Gold
CCR Refinery – Glencore Canada Corporation
Canada
Gold
Chimet S.p.A.
Italy
Gold
Dowa
Japan
Gold
Eco-System Recycling Co., Ltd.
Japan
Gold
Heimerle + Meule GmbH
Germany
Gold
Heraeus Ltd. Hong Kong
Hong Kong
Gold
Heraeus Precious Metals GmbH & Co. KG
Germany
Gold
Ishifuku Metal Industry Co., Ltd.
Japan
Gold
Istanbul Gold Refinery
Turkey
Gold
Japan Mint
Japan
Gold
Johnson Matthey Inc
United States
Gold
Johnson Matthey Ltd
Canada
Gold
JSC Ekaterinburg Non-Ferrous Metal Processing Plant
Russian Federation
Gold
JX Nippon Mining & Metals Co., Ltd.
Japan
Gold
Kazzinc Ltd
Kazakhstan
Gold
Kennecott Utah Copper LLC
United States
Gold
Kojima Chemicals Co., Ltd
Japan
Gold
L' azurde Company For Jewelry
Saudi Arabia
Gold
LS-NIKKO Copper Inc.
Korea, Republic of
Gold
Materion
United States
Gold
Matsuda Sangyo Co., Ltd.
Japan
Gold
Metalor Technologies (Hong Kong) Ltd
Hong Kong
Gold
Metalor Technologies (Singapore) Pte. Ltd.
Singapore
Gold
Metalor Technologies SA
Switzerland
Gold
Metalor USA Refining Corporation
United States
Gold
Met-Mex Peñoles, S.A.
Mexico
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Gold
Mitsubishi Materials Corporation
Japan
Gold
Mitsui Mining and Smelting Co., Ltd.
Japan
Gold
Nadir Metal Rafineri San. Ve Tic. A.Ş.
Turkey
Gold
Nihon Material Co. LTD
Japan
Gold
Ohio Precious Metals, LLC
United States
Gold
Ohura Precious Metal Industry Co., Ltd
Japan
Gold
OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastvetmet)
Russian Federation
Gold
PAMP SA
Switzerland
Gold
PT Aneka Tambang (Persero) Tbk
Indonesia
Gold
PX Précinox SA
Switzerland
Gold
Rand Refinery (Pty) Ltd
South Africa
Gold
Royal Canadian Mint
Canada
Gold
Schone Edelmetaal
Netherlands
Gold
SEMPSA Joyería Platería SA
Spain
Gold
Shandong Zhaojin Gold & Silver Refinery Co. Ltd
China
Gold
Solar Applied Materials Technology Corp.
Taiwan
Gold
Sumitomo Metal Mining Co., Ltd.
Japan
Gold
Tanaka Kikinzoku Kogyo K.K.
Japan
Gold
The Refinery of Shandong Gold Mining Co. Ltd
China
Gold
Tokuriki Honten Co., Ltd
Japan
Gold
Umicore Brasil Ltda
Brazil
Gold
Umicore Precious Metals Thailand
Thailand
Gold
Umicore SA Business Unit Precious Metals Refining
Belgium
Gold
United Precious Metal Refining, Inc.
United States
Gold
Valcambi SA
Switzerland
Gold
Western Australian Mint trading as The Perth Mint
Australia
 
 
 
Tungsten
Ganzhou Huaxing Tungsten Products Co., Ltd.
China
Tungsten
Ganzhou Jiangwu Ferrotungsten Co., Ltd.
China
Tungsten
Ganzhou Seadragon W & Mo Co., Ltd.
China
Tungsten
Global Tungsten & Powders Corp.
United States
Tungsten
Hunan Chunchang Nonferrous Metals Co., Ltd.
China
Tungsten
Japan New Metals Co Ltd
Japan
Tungsten
Jiangxi Gan Bei Tungsten Co., Ltd.
China
Tungsten
Malipo Haiyu Tungsten Co., Ltd.
China
Tungsten
Vietnam Youngsun Tungsten Industry Co., Ltd
Vietnam
Tungsten
Xiamen Tungsten (H.C.) Co., Ltd.
China
Tungsten
Xiamen Tungsten Co., Ltd.
China
     
Tin
Alpha
United States
Tin
CV United Smelting
Indonesia
Tin
Dowa
Japan
Tin
Gejiu Non-Ferrous Metal Processing Co. Ltd.
China
Tin
Magnu's Minerais Metais e Ligas LTDA
Brazil
Tin
Malaysia Smelting Corporation (MSC)
Malaysia
Tin
Melt Metais e Ligas S/A
Brazil
Tin
Metallo Chimique
Belgium
Tin
Mineração Taboca S.A.
Brazil
Tin
Minsur
Peru
Tin
Mitsubishi Materials Corporation
Japan
Tin
OMSA
Bolivia
Tin
PT ATD Makmur Mandiri Jaya
Indonesia
Tin
PT Babel Inti Perkasa
Indonesia
Tin
PT Bangka Putra Karya
Indonesia
 
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Tin
PT Bangka Tin Industry
Indonesia
Tin
PT Bukit Timah
Indonesia
Tin
PT DS Jaya Abadi
Indonesia
Tin
PT Eunindo Usaha Mandiri
Indonesia
Tin
PT Prima Timah Utama
Indonesia
Tin
PT REFINED BANGKA TIN
Indonesia
Tin
PT Sariwiguna Binasentosa
Indonesia
Tin
PT Stanindo Inti Perkasa
Indonesia
Tin
PT Tambang Timah
Indonesia
Tin
PT Timah (Persero), Tbk
Indonesia
Tin
Thaisarco
Thailand
Tin
White Solder Metalurgia e Mineração Ltda.
Brazil
Tin
Yunnan Tin Company, Ltd.
China
 
 
 
Tantalum
Changsha South Tantalum Niobium Co., Ltd.
China
Tantalum
Conghua Tantalum and Niobium Smeltry
China
Tantalum
Duoluoshan
China
Tantalum
Exotech Inc.
United States
Tantalum
F&X Electro-Materials Ltd.
China
Tantalum
Global Advanced Metals Aizu
Japan
Tantalum
Global Advanced Metals Boyertown
United States
Tantalum
Guangdong Zhiyuan New Material Co., Ltd.
China
Tantalum
H.C. Starck Co., Ltd.
Thailand
Tantalum
H.C. Starck GmbH Goslar
Germany
Tantalum
H.C. Starck GmbH Laufenburg
Germany
Tantalum
H.C. Starck Hermsdorf GmbH
Germany
Tantalum
H.C. Starck Inc.
United States
Tantalum
H.C. Starck Ltd.
Japan
Tantalum
H.C. Starck Smelting GmbH & Co.KG
Germany
Tantalum
Hengyang King Xing Lifeng New Materials Co., Ltd.
China
Tantalum
Hi-Temp
United States
Tantalum
JiuJiang JinXin Nonferrous Metals Co., Ltd.
China
Tantalum
Jiujiang Tanbre Co., Ltd.
China
Tantalum
Jiujiang Zhongao Tantalum & Niobium Co, Ltd
China
Tantalum
KEMET Blue Metals
Mexico
Tantalum
KEMET Blue Powder
United States
Tantalum
LSM Brasil S.A.
Brazil
Tantalum
Metallurgical Products India (Pvt.) Ltd.
India
Tantalum
Mineração Taboca S.A.
Brazil
Tantalum
Mitsui Mining & Smelting
Japan
Tantalum
Molycorp Silmet A.S.
Estonia
Tantalum
Ningxia Orient Tantalum Industry Co., Ltd.
China
Tantalum
Plansee SE Liezen
Austria
Tantalum
Plansee SE Reutte
Austria
Tantalum
QuantumClean
United States
Tantalum
RFH Tantalum Smeltry Co., Ltd
China
Tantalum
Solikamsk Magnesium Works OAO
Russian Federation
Tantalum
Taki Chemicals
Japan
Tantalum
Telex
United States
Tantalum
Ulba
Kazakhstan
Tantalum
Yichun Jin Yang Rare Metal Co., Ltd
China
Tantalum
Zhuzhou Cement Carbide
China
 
 
 
 
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B. CFSI Participating Smelters and Refiners for 2014
 
Metal
Smelter/Refiner Name
Smelter/Refiner Location
Gold
Aida Chemical Industries Co. Ltd.
Japan
Gold
Asaka Riken Co Ltd
Japan
Gold
Cendres & Métaux SA
Switzerland
Gold
Sabin Metal Corp.
United States
Gold
SOE Shyolkovsky Factory of Secondary Precious Metals
Russian Federation
Gold
YAMAMOTO PRECIOUS METAL CO., LTD.
Japan
Gold
Yokohama Metal Co Ltd
Japan
 
 
 
Tungsten
A.L.M.T. Corp.
Japan
Tungsten
Chenzhou Diamond Tungsten Products Co,. Ltd.
China
Tungsten
Chongyi Zhangyuan Tungsten Co Ltd
China
Tungsten
Dayu Weiliang Tungsten Co., Ltd.
China
Tungsten
Fujian Jinxin Tungsten Co., Ltd.
China
 
Ganzhou Non-ferrous Metals Smelting Co., Ltd.
China
Tungsten
Guangdong Xianglu Tungsten Co., Ltd.
China
Tungsten
H.C. Starck GmbH
Germany
Tungsten
H.C. Starck Smelting GmbH & Co.KG
Germany
Tungsten
Hunan Chenzhou Mining Group Co., Ltd.
China
Tungsten
Jiangwu H.C. Starck Tungsten Products Co., Ltd.
China
Tungsten
Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.
China
Tungsten
Jiangxi Xinsheng Tungsten Industry Co., Ltd.
China
Tungsten
Jiangxi Yaosheng Tungsten Co., Ltd.
China
Tungsten
Kennametal Fallon
United States
Tungsten
Kennametal Huntsville
United States
Tungsten
Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC
Vietnam
Tungsten
Wolfram Bergbau und Hütten AG
Austria
Tungsten
Wolfram Company CJSC
Russian Federation
Tungsten
Xinhai Rendan Shaoguan Tungsten Co., Ltd.
China
 
 
 
Tin
China Tin Group Co., Ltd.
China
Tin
Cooper Santa
Brazil
Tin
CV Gita Pesona
Indonesia
Tin
CV JusTindo
Indonesia
Tin
CV Nurjanah
Indonesia
Tin
CV Serumpun Sebalai
Indonesia
Tin
EM Vinto
Bolivia
Tin
Fenix Metals
Poland
Tin
O.M. Manufacturing (Thailand) Co., Ltd.
Thailand
Tin
O.M. Manufacturing Philippines, Inc.
Philippines
Tin
PT Artha Cipta Langgeng
Indonesia
Tin
PT Belitung Industri Sejahtera
Indonesia
Tin
PT BilliTin Makmur Lestari
Indonesia
Tin
PT Inti Stania Prima
Indonesia
Tin
PT Karimun Mining
Indonesia
Tin
PT Mitra Stania Prima
Indonesia
Tin
PT Panca Mega Persada
Indonesia
Tin
PT Sumber Jaya Indah
Indonesia
Tin
PT Tinindo Inter Nusa
Indonesia
Tin
Rui Da Hung
Taiwan
Tin
Soft Metais, Ltda.
Brazil
Tin
Yunnan Chengfeng Non-ferrous Metals Co.,Ltd.
China
 
16

 
 
 
Tantalum
King-Tan Tantalum Industry Ltd
China
 
 
 
C. Other Smelters and Refiners for 2014
 
Metal
Smelter/Refiner Name
Smelter/Refiner Location
Gold
Advanced Chemical Company
United States
Gold
Aktyubinsk Copper Company TOO
Russian Federation
Gold
Almalyk Mining and Metallurgical Complex (AMMC)
Uzbekistan
Gold
Bangko Sentral ng Pilipinas (Central Bank of the Philippines)
Philippines
Gold
Bauer Walser AG
Germany
Gold
Caridad
Mexico
Gold
China National Gold Group Corporation
China
Gold
Chugai Mining
Japan
Gold
Colt Refining
United States
Gold
Daejin Indus Co. Ltd
Korea, Republic of
Gold
Daye Non-Ferrous Metals Mining Ltd.
China
Gold
Do Sung Corporation
Korea, Republic of
Gold
Doduco
Germany
Gold
FSE Novosibirsk Refinery
Russian Federation
Gold
Gansu Seemine Material Hi-Tech Co Ltd
China
Gold
Guangdong Jinding Gold Limited
China
Gold
Hangzhou Fuchunjiang Smelting Co., Ltd.
China
Gold
Hangzhou Fuchunjiang Smelting Co., Ltd.
China
Gold
Hunan Chenzhou Mining Group Co., Ltd.
China
Gold
Hwasung CJ Co. Ltd
Korea, Republic of
Gold
Inner Mongolia Qiankun Gold and Silver Refinery Share Company Limited
China
Gold
Jiangxi Copper Company Limited
China
Gold
JSC Uralectromed
Russian Federation
Gold
Korea Metal Co. Ltd
Korea, Republic of
Gold
Kyrgyzaltyn JSC
Kyrgyzstan
Gold
Lingbao Gold Company Limited
China
Gold
Lingbao Jinyuan Tonghui Refinery Co. Ltd.
China
Gold
Luoyang Zijin Yinhui Metal Smelt Co Ltd
China
Gold
Moscow Special Alloys Processing Plant
Russian Federation
Gold
Navoi Mining and Metallurgical Combinat
Uzbekistan
Gold
OJSC Kolyma Refinery
Russian Federation
Gold
Penglai Penggang Gold Industry Co Ltd
China
Gold
Prioksky Plant of Non-Ferrous Metals
Russian Federation
Gold
Samduck Precious Metals*
Korea, Republic of
Gold
SAMWON METALS Corp.
Korea, Republic of
Gold
So Accurate Group, Inc.
United States
Gold
The Great Wall Gold and Silver Refinery of China
China
Gold
Tongling nonferrous Metals Group Co.,Ltd
China
Gold
Torecom
Korea, Republic of
Gold
Yunnan Copper Industry Co Ltd
China
Gold
Zhongyuan Gold Smelter of Zhongjin Gold Corporation
China
Gold
Zijin Mining Group Co. Ltd
China
 
 
 
Tungsten
Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd.
China
Tungsten
Jiangxi Richsea New Materials Co., Ltd.
China
Tungsten
Tejing (Vietnam) Tungsten Co., Ltd.
Vietnam
Tungsten
Zhuzhou Cemented Carbide Group Co Ltd
China
 
17

 
 
 
Tin
China Rare Metal Materials Company
China
Tin
CNMC (Guangxi) PGMA Co. Ltd.
China
Tin
CV Makmur Jaya
Indonesia
Tin
Estanho de Rondônia S.A.
Brazil
Tin
Gejiu Kai Meng Industry and Trade LLC*
China
Tin
Gejiu Zi-Li
China
Tin
Huichang Jinshunda Tin Co. Ltd
China
Tin
Jiangxi Nanshan
China
Tin
Linwu Xianggui Smelter Co
China
Tin
Novosibirsk Integrated Tin Works
Russian Federation
Tin
PT Alam Lestari Kencana
Indonesia
Tin
PT Babel Surya Alam Lestari
Indonesia
Tin
PT Bangka Kudai Tin
Indonesia
Tin
PT Bangka Timah Utama Sejahtera
Indonesia
Tin
PT Fang Di MulTindo
Indonesia
Tin
PT HANJAYA PERKASA METALS
Indonesia
Tin
PT HP Metals Indonesia
Indonesia
Tin
PT Koba Tin
Indonesia
Tin
PT Pelat Timah Nusantara Tbk
Indonesia
Tin
PT Seirama Tin investment
Indonesia
Tin
PT Supra Sukses Trinusa
Indonesia
Tin
PT Tommy Utama
Indonesia
Tin
PT Yinchendo Mining Industry
Indonesia
     
Tantalum
Shanghai Jiangxi Metals Co. Ltd
China
Tantalum
Tantalite Resources
South Africa

18


Table B
 
Gold
Tantalum
Tin
Tungsten
 
 
 
 
Argentina
Argentina
Argentina
Argentina
Australia
Australia
Australia
Australia
Austria
Austria
Austria
Austria
Belgium
Belgium
Belgium
Belgium
Brazil
Brazil
Brazil
Brazil
Chile
Chile
Chile
Chile
China
China
China
China
Colombia
Colombia
Colombia
Colombia
Côte d'Ivoire
Côte d'Ivoire
Côte d'Ivoire
Côte d'Ivoire
Czech Republic
Czech Republic
Czech Republic
Czech Republic
Djibouti
Djibouti
Djibouti
Djibouti
Egypt
Egypt
Egypt
Egypt
Estonia
Estonia
Estonia
Estonia
Ethiopia
Ethiopia
Ethiopia
Ethiopia
France
France
France
France
Germany
Germany
Germany
Germany
Guyana
Guyana
Guyana
Guyana
India
India
India
India
Indonesia
Indonesia
Indonesia
Indonesia
Ireland
Ireland
Ireland
Ireland
Israel
Israel
Israel
Israel
Japan
Japan
Japan
Japan
Lao PDR
Lao PDR
Lao PDR
Lao PDR
Luxembourg
Luxembourg
Luxembourg
Luxembourg
Madagascar
Madagascar
Madagascar
Madagascar
Malaysia
Malaysia
Malaysia
Malaysia
Mongolia
Mongolia
Mongolia
Mongolia
Myanmar
Myanmar
Myanmar
Myanmar
Netherlands
Netherlands
Netherlands
Netherlands
Nigeria
Nigeria
Nigeria
Nigeria
Peru
Peru
Peru
Peru
Bolivia
Bolivia
Bolivia
Bolivia
Portugal
Portugal
Portugal
Portugal
Republic of Korea
Republic of Korea
Republic of Korea
Republic of Korea
Russian Federation
Russian Federation
Russian Federation
Russian Federation
Sierra Leone
Sierra Leone
Sierra Leone
Sierra Leone
Singapore
Singapore
Singapore
Singapore
Suriname
Suriname
Suriname
Suriname
Switzerland
Switzerland
Switzerland
Switzerland
Thailand
Thailand
Thailand
Thailand
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United States
United States
United States
United States
Zimbabwe
Zimbabwe
Zimbabwe
Zimbabwe
 
Kenya
Kenya
Angola
 
Mozambique
Mozambique
Burundi
 
South Africa
South Africa
Central African Republic
 
Angola
Angola
Republic of Congo
 
Burundi
Burundi
Rwanda
 
Central African Republic
Central African Republic
South Sudan
 
Republic of Congo
Republic of Congo
Uganda
 
Rwanda
Rwanda
Tanzania
 
South Sudan
South Sudan
Zambia
 
Uganda
Uganda
 
 
Tanzania
Tanzania
 
 
Zambia
Zambia
 
 
DRC
DRC
 
19

Acronyms Used in This Report
 
3TG
Tin, Tantalum, Tungsten or Gold
CFSI
Conflict-Free Sourcing Initiative
CFSP
Conflict-Free Smelter Program
CMRT
Conflict Minerals Reporting Template
DRC
Democratic Republic of the Congo
OECD
Organization for Economic Cooperation and Development
Additional Resources*
GE's Sustainability Report – Conflict Minerals
www.gesustainability.com/building-things-that-matter/supply-chain/conflict-minerals/
GE's Statement on Conflict Minerals
www.gesustainability.com/building-things-that-matter/supply-chain/conflict-minerals/
GE's Integrity Guide for Suppliers, Contractors and Consultants
www.gesupplier.com/html/SuppliersIntegrityGuide.htm
GE's Spirit & Letter
www.ge.com/files_citizenship/pdf/TheSpirit&TheLetter.pdf
Conflict-Free Sourcing Initiative
www.conflictfreesourcing.org/
OECD Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas
www.oecd.org/corporate/mne/GuidanceEdition2.pdf
*These web links are provided for convenience only, and the content on the referenced websites does not constitute a part of this Report.
Forward-Looking Statements

This Report contains "forward-looking statements" – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and results, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," or "target."  Forward-looking statements by their nature address matters that are, to different degrees, uncertain.  Uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements.  We do not undertake to update our forward-looking statements.
GE and the GE logo are trademarks and service marks of General Electric Company. Other marks used throughout are trademarks and service marks of their respective owners.
 
 
 
 
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