EX-1.01 2 exhibit10153116.htm EXHIBIT 1.01 SEC Exhibit


Exhibit 1.01

Best Buy Co., Inc.
Conflict Minerals Report
For The Year Ended December 31, 2015

This Conflict Minerals Report for Best Buy Co., Inc. (”Best Buy”, “we”, “us” or “our”) covers the reporting period from January 1st to December 31st, 2015, and is presented in accordance with the Securities Exchange Act of 1934, Rule 13p-1 (the “conflict minerals law”).

This Conflict Minerals Report is filed as Exhibit 1.01 to our Specialized Disclosure Report on Form SD and is also posted on our website at www.investors.bestbuy.com.

Introduction

The Democratic Republic of the Congo (“DRC”) and its adjoining countries have reserves of tin, tantalum, tungsten and gold (collectively known as “3TG”), all of which are commonly used in the manufacturing of many consumer products. Occasionally, these minerals are illegally sourced and traded in the eastern DRC and surrounding areas by armed groups who are responsible for human rights violations. As such, these minerals are known as “conflict minerals.”

In 2010, the United States enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”). Section 1502 of the Act specifically relates to conflict minerals and requires companies covered under the Act to annually file a Form SD with the United States Securities and Exchange Commission (“SEC”) to disclose whether the 3TG used in their products directly or indirectly benefited armed groups in the DRC. This Conflict Minerals Report, which is an exhibit to our Specialized Disclosure Report on Form SD, describes the design of our conflict minerals program and provides an account of how our program was implemented in 2015 to determine, to the best of our ability, the source, chain of custody and facilities used to process the minerals used in Best Buy Exclusive Brands (“ExB”) products.

Historically, we have had very limited engagement with parties beyond the first-tier suppliers in our ExB supply chain. Consequently, identifying, with certainty, the smelters, refiners and recyclers and the source of the materials they process is a significant challenge. We seek to address this challenge by participating in and, in some cases, leading collaborative industry efforts that seek to gather accurate data about the sources of 3TG, requiring smelters to be validated as conflict-free and ensure a supply chain in which human rights abuses do not exist.

Products

Best Buy is a leading provider of technology products, services and solutions. We offer these products and services to the customers who visit our stores, engage with Geek Squad agents or use our websites or mobile applications. We have operations in the U.S., Canada and Mexico.

The ExB product categories, under brand names Insignia, Dynex, Rocketfish, Platinum and Modal, in which we believe contain necessary 3TG and are therefore within scope of our RCOI and due diligence efforts include the following:
Product Category
Examples
Audio Products and Accessories
Stereos, speakers, sound bars, radio, etc.
Computing and Accessories
Tablets, monitors, keyboards, mouse, chargers, etc.
Mobile Phone Accessories
Mobile chargers, cables, etc.
Office and Household Products
Shredders, coffee makers, toasters, blenders, etc.
Video Game Accessories
Charging stations, power packs, steering wheel combo, etc.
Video Products and Accessories
TVs, DVD players, video cables, etc.

Reasonable Country of Origin Inquiry

Pursuant to the conflicts minerals law, we conducted a Reasonable Country of Origin Inquiry (“RCOI”) on the source of 3TG necessary to the functionality and/or production (“necessary 3TG”) of our ExB products in order to determine whether any of the necessary 3TG originated in the DRC or an adjoining country or were from recycled or scrap sources. As part of our RCOI process, we did the following:

1



•
Through a review of past Conflict Minerals Reporting Templates ("CMRTs"), utilization of a 3TG risk assessment tool and consultation with our engineering team, we identified 84 active, first-tier suppliers we knew or had reason to believe used necessary 3TG in the production of ExB products (“relevant suppliers”);
•
Used the CMRT created by the Electronics Industry Citizenship Coalition and the Global e-Sustainability Initiative to survey relevant suppliers, requesting country of origin information and the identification of the facilities that processed necessary 3TG they utilized;
•
Reviewed information provided by the 84 relevant suppliers to determine the completeness and reasonableness of their responses and verified the processing facilities they identified by comparing against the list of known smelters and refiners as provided by the Conflict Free Sourcing Initiative (“CFSI”);
•
Reviewed country of origin information available to Best Buy through our membership in CFSI (member ID V1720151223); and
•
Conducted additional research on the 3TG processing facilities identified by relevant suppliers in an attempt to augment the country of origin information gathered through our membership in CFSI.

Based on the results of our RCOI, we had reason to believe that some of the necessary 3TG used in ExB products may have been processed by facilities that sourced from the DRC or an adjoining country and may not have been from recycled or scrap sources. In compliance with the Act, we then exercised due diligence on the source and chain of custody of the necessary 3TG processed by these facilities that conformed to an internationally recognized due diligence framework.

Due Diligence

To determine to the best of our ability the source and chain of custody of the necessary 3TG used in ExB products, we conducted due diligence on our supply chain. Our due diligence measures were developed to ascertain if the minerals originated from the DRC or an adjoining country and, if so, whether armed groups directly or indirectly benefited as a result.

Design of our Due Diligence Measures

Our due diligence process is designed to conform, in all material aspects given our downstream position in the supply chain, to the Organisation for Economic Co-operation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, Second Edition and the related supplements on Tin, Tantalum, Tungsten and Gold (collectively, the “OECD Guidance”), an internationally recognized due diligence framework. In accordance with the 5-step OECD Guidance, the design of our due diligence includes, but is not limited to, the following:

1.
Establishing a strong company management system through the adoption of a Conflict Minerals Policy, the implementation of a conflict minerals governance structure and strengthened engagement with our suppliers.

2.
Identifying and assessing risks by identifying relevant suppliers to engage in our RCOI and due diligence efforts, determining a reasonable engagement approach to gather conflict mineral sourcing information, and reviewing and validating smelter information provided by suppliers.

3.
Responding to identified risks by reporting to senior management the findings derived from our RCOI and due diligence efforts, designing training for relevant suppliers to improve their systems of transparency and control and devising a risk management strategy that seeks to ensure necessary 3TG in the ExB supply chain are conflict free.

4.
Auditing supply chain due diligence via our support for an industry developed audit program that is administered by independent, third-party auditors.

5.
Reporting on due diligence through our Specialized Disclosure Report on Form SD and Conflict Minerals Report filed with the SEC and the inclusion of conflict minerals content in our annual Corporate Responsibility and Sustainability report.

Due Diligence Measures Performed

We are working with electronics industry and retail peers in an effort to ensure that the implementation of our due diligence process is aligned with the OECD Guidance and complementary to the industry approach. The primary objective of this alignment is to maximize the efficiency and effectiveness of our efforts to identify relevant smelters and refiners and encourage their participation in the CFSI’s Conflict-Free Smelter Program (“CFSP”) or an equivalent program. For this reporting period, we exercised the due diligence measures described below on the source and chain of custody of necessary 3TG in the ExB supply chain:

2



•
We published a Conflict Minerals Policy that established ExB commitments regarding the sourcing of conflict minerals, including alignment with the OECD Guidance, supporting industry efforts, and seeking to avoid sourcing necessary 3TG that directly or indirectly benefit armed groups. The policy also sets similar expectations for our ExB suppliers, which we reviewed if we conducted a social compliance audit at the supplier’s factory;
•
We maintained a conflict minerals governance structure comprised of an operations team, an advisory team and an executive committee that includes senior executives from our Legal, Financial Reporting, Communications, Public Affairs, Corporate Responsibility & Sustainability and Global Sourcing departments;
•
We strengthened the engagement with relevant ExB suppliers by providing training regarding the Conflict Minerals law and their role in supporting our RCOI and due diligence efforts., as set forth below:
Conflict Mineral Program Key Performance Indicators
 
Percent of relevant ExB suppliers who attended training (in-person or via a webinar)
91%
Percent of relevant ExB suppliers who received training material
100%
Percent of products containing necessary 3TG that have had their supply chains surveyed
100%
Percent of relevant ExB suppliers who returned a CMRT
100%
•
We reviewed the data collected via our RCOI and due diligence efforts to determine if smelters in our supply chain may have been sourcing from a covered country and directly or indirectly financed or benefited armed groups in the DRC or an adjoining country;
•
We conducted outreach to smelters and refiners who had not been validated as “conflict-free” via CFSP or other independent third-party audit scheme to encourage their participation in such a program;
•
We held more than 20 meetings with non-validated smelters and refiners to assess their sourcing practices and request country of origin information;
•
We served as a single-point-of-contact to support smelters and refiners prepare for a CFSP audit and complete corrective action plans post-audit, as needed;
•
We contributed to the development and implementation of an effective smelter audit program through our membership in the CFSI, which administers Conflict Free Smelter Program audits;
•
We supported many CFSI activities including serving as the Chair of the Smelter Engagement Team (“SET”), which confirms eligible smelters and conducts coordinated outreach to known smelters to encourage them to participate in the CFSP or an equivalent program. Best Buy was also the co-lead of the China SET, which conducted outreach to smelters and refiners based in China; and
•
We disclosed information regarding our due diligence on conflict mineral sourcing via our Specialized Disclosure Report on Form SD and this Exhibit 1.01 Conflict Minerals Report filed with the SEC and we will include information on our conflict minerals due diligence efforts in our fiscal 2016 Corporate Responsibility and Sustainability Report, which we plan to release in the summer of 2016.

Results of Due Diligence Performed

We conducted the due diligence process described above in order to ascertain source and chain of custody information for the necessary 3TG in our ExB supply chain. To date, nearly 85% of the processing facilities reported by relevant ExB suppliers have been validated as conflict-free via an independent, 3rd party audit or they have committed to go through an audit. Nevertheless, based on our due diligence process and the subsequent information we gathered, we are unable to determine the origin of all the 3TG used in our products and whether armed groups directly or indirectly benefited primarily due to the lack of transparency among smelters who have not yet been audited. While there have been improvements in the systems of transparency and control for the sourcing of necessary 3TG, these results are not unexpected, especially given our downstream position as a retailer and manufacturer of ExB products.

Of the smelter and refiner information provided by our suppliers, we identified 23 in which we had reason to believe that the 3TG they processed may have originated in the DRC or an adjoining country and may not have been from recycled or scrap sources. All 23 of these processing facilities have been validated as conflict-free through CFSI or another independent, third-party audit scheme. Furthermore, we have not identified a supplier, smelter or refiner which we have reason to believe may be sourcing from

3


the DRC or an adjoining country and, directly or indirectly, benefiting armed groups.






Please see below for the status of facilities reported to us by relevant ExB suppliers and see Attachment A for the list of smelters and refiners.
Metal
Validated (2)
Active or TI-CMC Member (2)
Unknown (2)
Gold
71%
8%
21%
Tantalum
100%
0
0
Tin
68%
14%
18%
Tungsten
76%
21%
3%

Future Steps to Optimize Our Due Diligence Efforts

Best Buy is committed to being a socially and environmentally responsible corporation and this commitment extends throughout the length of our value chain, from the sourcing of raw material to the responsible recycling of products. We recognize that this commitment is a journey and one that we cannot take on our own. This challenge is further complicated given the complexity of our supply chain, which is, in essence, in a constant state of transformation. As a result, we will continue to focus our efforts on collaborating with both the retail and consumer electronic industries to improve the systems of transparency and control in our supply chain. We will also continue our engagement with relevant suppliers in order to build their knowledge so they are able to provide more complete and accurate information on the source of conflict minerals in our ExB supply chain and, furthermore, to impress upon them our expectation that they also apply the OECD Guidance in good faith.

Steps we intend to take in 2016 include:

•
Participating in CFSI meetings in order to gather best practices and collaborate with industry peers;
•
Providing training for relevant ExB suppliers on conflict mineral reporting and the OECD Guidance;
•
Seeking to optimize the CFSI’s Smelter Engagement Team structure, process and tools in order to improve the program’s effectiveness; and
•
Continuing to serve as a single-point-of-contact to support smelters who have expressed an interest in completing a CFSP audit.


4


Attachment A

The vast majority of the CMRT responses we received from suppliers provided data at a company level, meaning they listed the names of smelters and refiners they believe supplied 3TG for all the products they produced, not just the products they produced for Best Buy. Therefore, the processing facilities listed in the table below represent the smelters and refiners provided by our suppliers, but we do not have sufficient information to confirm whether these are the actual smelters that processed necessary 3TG used in our products. Additionally, we are unable to conclusively determine the country of origin information for our necessary 3TG but based on the data gathered from suppliers, processing facilities and CFSI, we believe that the sources may include the countries listed in the last row of the table below.
Metal
Processing Facility Name (1)
Location of Facility (1)
Facility Status (2)
Gold
Aida Chemical Industries Co., Ltd.
Japan
Validated
Gold
Allgemeine Gold-und Silberscheideanstalt A.G.
Germany
Validated
Gold
Almalyk Mining and Metallurgical Complex (AMMC)
Uzbekistan
Unknown
Gold
AngloGold Ashanti Córrego do Sítio Mineração
Brazil
Validated
Gold
Argor-Heraeus S.A.
Switzerland
Validated
Gold
Asahi Pretec Corp.
Japan
Validated
Gold
Asahi Refining Canada Ltd.
Canada
Validated
Gold
Asahi Refining USA Inc.
United States
Validated
Gold
Asaka Riken Co., Ltd.
Japan
Validated
Gold
Atasay Kuyumculuk Sanayi Ve Ticaret A.S.
Turkey
Validated
Gold
Aurubis AG
Germany
Validated
Gold
Bangko Sentral ng Pilipinas (Central Bank of the Philippines)
Philippines
Validated
Gold
Boliden AB
Sweden
Validated
Gold
C. Hafner GmbH + Co. KG
Germany
Validated
Gold
Caridad
Mexico
Unknown
Gold
CCR Refinery - Glencore Canada Corporation
Canada
Validated
Gold
Cendres + Métaux S.A.
Switzerland
Active
Gold
Chimet S.p.A.
Italy
Validated
Gold
Chugai Mining
Japan
Unknown
Gold
Daejin Indus Co., Ltd.
South Korea
Active
Gold
DODUCO GmbH
Germany
Validated
Gold
Dowa
Japan
Validated
Gold
DSC (Do Sung Corporation)
South Korea
Active
Gold
Eco-System Recycling Co., Ltd.
Japan
Validated
Gold
Elemetal Refining, LLC
United Stated
Validated
Gold
Faggi Enrico S.p.A.
Italy
Active
Gold
Great Wall Precious Metals Co., Ltd. of CBPM
China
Unknown
Gold
Guangdong Jinding Gold Limited
China
Unknown
Gold
Hangzhou Fuchunjiang Smelting Co., Ltd.
China
Unknown
Gold
Heimerle + Meule GmbH
Germany
Validated
Gold
Heraeus Ltd. Hong Kong
Hong Kong
Validated
Gold
Heraeus Precious Metals GmbH & Co. KG
Germany
Validated
Gold
Hunan Chenzhou Mining Co., Ltd.
China
Unknown
Gold
Hwasung CJ Co., Ltd.
South Korea
Unknown
Gold
Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.
China
Validated
Gold
Ishifuku Metal Industry Co., Ltd.
Japan
Validated
Gold
Istanbul Gold Refinery
Turkey
Validated
Gold
Japan Mint
Japan
Validated
Gold
Jiangxi Copper Co., Ltd.
China
Validated
Gold
JSC Ekaterinburg Non-Ferrous Metal Processing Plant
Russian Federation
Validated

5


Gold
JSC Uralelectromed
Russian Federation
Validated
Gold
JX Nippon Mining & Metals Co., Ltd.
Japan
Validated
Gold
Kazakhmys Smelting LLC
Kazakhstan
Unknown
Gold
Kazzinc
Kazakhstan
Validated
Gold
Kennecott Utah Copper LLC
United States
Validated
Gold
Kojima Chemicals Co., Ltd.
Japan
Validated
Gold
Korea Metal Co., Ltd.
South Korea
Unknown
Gold
Kyrgyzaltyn JSC
Kazakhstan
Unknown
Gold
L' azurde Company For Jewelry
Saudi Arabia
Validated
Gold
Lingbao Gold Co., Ltd.
China
Unknown
Gold
Lingbao Jinyuan Tonghui Refinery Co., Ltd.
China
Unknown
Gold
LS-NIKKO Copper Inc.
South Korea
Validated
Gold
Luoyang Zijin Yinhui Gold Refinery Co., Ltd.
China
Unknown
Gold
Materion
United States
Validated
Gold
Matsuda Sangyo Co., Ltd.
Japan
Validated
Gold
Metalor Technologies (Hong Kong) Ltd.
Hong Kong
Validated
Gold
Metalor Technologies (Singapore) Pte., Ltd.
Singapore
Validated
Gold
Metalor Technologies (Suzhou) Ltd.
China
Active
Gold
Metalor Technologies S.A.
Switzerland
Validated
Gold
Metalor USA Refining Corporation
United States
Validated
Gold
METALÚRGICA MET-MEX PEÑOLES, S.A. DE C.V
Mexico
Validated
Gold
Mitsubishi Materials Corporation
Japan
Validated
Gold
Mitsui Mining and Smelting Co., Ltd.
Japan
Validated
Gold
Moscow Special Alloys Processing Plant
Russian Federation
Validated
Gold
Nadir Metal Rafineri San. Ve Tic. A.ª.
Turkey
Validated
Gold
Navoi Mining and Metallurgical Combinat
Uzbekistan
Unknown
Gold
Nihon Material Co., Ltd.
Japan
Validated
Gold
Ohura Precious Metal Industry Co., Ltd.
Japan
Validated
Gold
OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet)
Russian Federation
Validated
Gold
OJSC Novosibirsk Refinery
Russian Federation
Validated
Gold
PAMP S.A.
Switzerland
Validated
Gold
Prioksky Plant of Non-Ferrous Metals
Russian Federation
Validated
Gold
PT Aneka Tambang (Persero) Tbk
Indonesia
Validated
Gold
PX Précinox S.A.
Switzerland
Validated
Gold
Rand Refinery (Pty) Ltd.
South Africa
Validated
Gold
Republic Metals Corporation
United States
Validated
Gold
Royal Canadian Mint
Canada
Validated
Gold
Sabin Metal Corp.
United States
Unknown
Gold
Samduck Precious Metals
South Korea
Active
Gold
SAMWON Metals Corp.
South Korea
Unknown
Gold
Schone Edelmetaal B.V.
Netherlands
Validated
Gold
SEMPSA Joyería Platería S.A.
Spain
Validated
Gold
Shandong Tiancheng Biological Gold Industrial Co., Ltd.
China
Unknown
Gold
Shandong Zhaojin Gold & Silver Refinery Co., Ltd.
China
Validated
Gold
Sichuan Tianze Precious Metals Co., Ltd.
China
Validated
Gold
Singway Technology Co., Ltd.
Taiwan
Validated
Gold
So Accurate Group, Inc.
United States
Unknown
Gold
SOE Shyolkovsky Factory of Secondary Precious Metals
Russian Federation
Active
Gold
Solar Applied Materials Technology Corp.
Taiwan
Validated

6


Gold
Sumitomo Metal Mining Co., Ltd.
Japan
Validated
Gold
Tanaka Kikinzoku Kogyo K.K.
Japan
Validated
Gold
The Refinery of Shandong Gold Mining Co., Ltd.
China
Validated
Gold
Tokuriki Honten Co., Ltd.
Japan
Validated
Gold
Tongling Nonferrous Metals Group Co., Ltd.
China
Unknown
Gold
Torecom
South Korea
Active
Gold
Umicore Brasil Ltda.
Brazil
Validated
Gold
Umicore Precious Metals Thailand
Thailand
Validated
Gold
Umicore S.A. Business Unit Precious Metals Refining
Belgium
Validated
Gold
United Precious Metal Refining, Inc.
United States
Validated
Gold
Valcambi S.A.
Switzerland
Validated
Gold
Western Australian Mint trading as The Perth Mint
Australia
Validated
Gold
Yamamoto Precious Metal Co., Ltd.
Japan
Validated
Gold
Yokohama Metal Co., Ltd.
Japan
Active
Gold
Yunnan Copper Industry Co., Ltd.
China
Unknown
Gold
Zhongyuan Gold Smelter of Zhongjin Gold Corporation
China
Validated
Gold
Zijin Mining Group Co., Ltd. Gold Refinery
China
Validated
Tantalum
Changsha South Tantalum Niobium Co., Ltd.
China
Validated
Tantalum
Conghua Tantalum and Niobium Smeltry
China
Validated
Tantalum
D Block Metals, LLC
United States
Validated
Tantalum
Duoluoshan
China
Validated
Tantalum
Exotech Inc.
United States
Validated
Tantalum
F&X Electro-Materials Ltd.
China
Validated
Tantalum
FIR Metals & Resource Ltd.
China
Validated
Tantalum
Global Advanced Metals Aizu
United States
Validated
Tantalum
Global Advanced Metals Boyertown
United States
Validated
Tantalum
Guangdong Zhiyuan New Material Co., Ltd.
China
Validated
Tantalum
Guizhou Zhenhua Xinyun Technology Ltd., Kaili branch
China
Validated
Tantalum
H.C. Starck Co., Ltd.
Thailand
Validated
Tantalum
H.C. Starck GmbH Goslar
Germany
Validated
Tantalum
H.C. Starck GmbH Laufenburg
Germany
Validated
Tantalum
H.C. Starck Hermsdorf GmbH
Germany
Validated
Tantalum
H.C. Starck Inc.
United States
Validated
Tantalum
H.C. Starck Ltd.
Japan
Validated
Tantalum
H.C. Starck Smelting GmbH & Co. KG
Germany
Validated
Tantalum
Hengyang King Xing Lifeng New Materials Co., Ltd.
China
Validated
Tantalum
Hi-Temp Specialty Metals, Inc.
United States
Validated
Tantalum
JiuJiang JinXin Nonferrous Metals Co., Ltd.
China
Validated
Tantalum
Jiujiang Tanbre Co., Ltd.
China
Validated
Tantalum
KEMET Blue Metals
Mexico
Validated
Tantalum
KEMET Blue Powder
United States
Validated
Tantalum
King-Tan Tantalum Industry Ltd.
China
Validated
Tantalum
LSM Brasil S.A.
Brazil
Validated
Tantalum
Metallurgical Products India Pvt., Ltd.
India
Validated
Tantalum
Mineração Taboca S.A.
Brazil
Validated
Tantalum
Mitsui Mining & Smelting
Japan
Validated
Tantalum
Molycorp Silmet A.S.
Estonia
Validated
Tantalum
Ningxia Orient Tantalum Industry Co., Ltd.
China
Validated
Tantalum
Plansee SE Liezen
Austria
Validated
Tantalum
Plansee SE Reutte
Austria
Validated

7


Tantalum
QuantumClean
United States
Validated
Tantalum
RFH Tantalum Smeltry Co., Ltd.
China
Validated
Tantalum
Solikamsk Magnesium Works OAO
Russian Federation
Validated
Tantalum
Taki Chemicals
Japan
Validated
Tantalum
Telex Metals
United States
Validated
Tantalum
Tranzact, Inc.
United States
Validated
Tantalum
Ulba Metallurgical Plant JSC
Kazakhstan
Validated
Tantalum
Yichun Jin Yang Rare Metal Co., Ltd.
China
Validated
Tantalum
Zhuzhou Cemented Carbide
China
Validated
Tin
Alpha
United States
Validated
Tin
An Thai Minerals Co., Ltd.
Vietnam
Active
Tin
An Vinh Joint Stock Mineral Processing Company
Vietnam
Active
Tin
Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.
China
Active
Tin
China Tin Group Co., Ltd.
China
Active
Tin
CNMC (Guangxi) PGMA Co., Ltd.
China
Unknown
Tin
Cooperativa Metalurgica de Rondônia Ltda.
Brazil
Validated
Tin
CV Ayi Jaya
Indonesia
Validated
Tin
CV Dua Sekawan
Indonesia
Active
Tin
CV Gita Pesona
Indonesia
Validated
Tin
CV Serumpun Sebalai
Indonesia
Validated
Tin
CV United Smelting
Indonesia
Validated
Tin
Dowa
Japan
Validated
Tin
Elmet S.L.U. (Metallo Group)
Spain
Validated
Tin
EM Vinto
Bolivia
Validated
Tin
Estanho de Rondônia S.A.
Brazil
Unknown
Tin
Feinhütte Halsbrücke GmbH
Germany
Active
Tin
Fenix Metals
Poland
Validated
Tin
Gejiu Kai Meng Industry and Trade LLC
China
Active
Tin
Gejiu Non-Ferrous Metal Processing Co., Ltd.
China
Validated
Tin
Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.
China
Unknown
Tin
Gejiu Zili Mining And Metallurgy Co., Ltd.
China
Unknown
Tin
Huichang Jinshunda Tin Co., Ltd.
China
Unknown
Tin
Jiangxi Ketai Advanced Material Co., Ltd.
China
Validated
Tin
Linwu Xianggui Ore Smelting Co., Ltd.
China
Unknown
Tin
Magnu's Minerais Metais e Ligas Ltda.
Brazil
Validated
Tin
Malaysia Smelting Corporation (MSC)
Malaysia
Validated
Tin
Melt Metais e Ligas S.A.
Brazil
Validated
Tin
Metallic Resources, Inc.
United States
Validated
Tin
Metallo-Chimique N.V.
Belgium
Validated
Tin
Mineração Taboca S.A.
Brazil
Validated
Tin
Minsur
Peru
Validated
Tin
Mitsubishi Materials Corporation
Japan
Validated
Tin
Nankang Nanshan Tin Manufactory Co., Ltd.
China
Unknown
Tin
Nghe Tinh Non-Ferrous Metals Joint Stock Company
Vietnam
Active
Tin
O.M. Manufacturing (Thailand) Co., Ltd.
Thailand
Validated
Tin
O.M. Manufacturing Philippines, Inc.
Philippines
Validated
Tin
Operaciones Metalurgical S.A.
Bolivia
Validated
Tin
Phoenix Metal Ltd.
Rwanda
Active
Tin
PT Alam Lestari Kencana
Indonesia
Unknown
Tin
PT Aries Kencana Sejahtera
Indonesia
Validated

8


Tin
PT Artha Cipta Langgeng
Indonesia
Validated
Tin
PT ATD Makmur Mandiri Jaya
Indonesia
Validated
Tin
PT Babel Inti Perkasa
Indonesia
Validated
Tin
PT Bangka Kudai Tin
Indonesia
Unknown
Tin
PT Bangka Prima Tin
Indonesia
Validated
Tin
PT Bangka Timah Utama Sejahtera
Indonesia
Unknown
Tin
PT Bangka Tin Industry
Indonesia
Validated
Tin
PT Belitung Industri Sejahtera
Indonesia
Validated
Tin
PT BilliTin Makmur Lestari
Indonesia
Validated
Tin
PT Bukit Timah
Indonesia
Validated
Tin
PT DS Jaya Abadi
Indonesia
Validated
Tin
PT Eunindo Usaha Mandiri
Indonesia
Validated
Tin
PT Fang Di MulTindo
Indonesia
Unknown
Tin
PT Inti Stania Prima
Indonesia
Validated
Tin
PT Justindo
Indonesia
Validated
Tin
PT Karimun Mining
Indonesia
Unknown
Tin
PT Mitra Stania Prima
Indonesia
Validated
Tin
PT Panca Mega Persada
Indonesia
Validated
Tin
PT Pelat Timah Nusantara Tbk
Indonesia
Unknown
Tin
PT Prima Timah Utama
Indonesia
Validated
Tin
PT Refined Bangka Tin
Indonesia
Validated
Tin
PT Sariwiguna Binasentosa
Indonesia
Validated
Tin
PT Seirama Tin Investment
Indonesia
Unknown
Tin
PT Stanindo Inti Perkasa
Indonesia
Validated
Tin
PT Sumber Jaya Indah
Indonesia
Validated
Tin
PT Timah (Persero) Tbk Kundur
Indonesia
Validated
Tin
PT Timah (Persero) Tbk Mentok
Indonesia
Validated
Tin
PT Tinindo Inter Nusa
Indonesia
Validated
Tin
PT Wahana Perkit Jaya
Indonesia
Validated
Tin
Rui Da Hung
Taiwan
Validated
Tin
Soft Metais Ltda.
Brazil
Validated
Tin
Thaisarco
Thailand
Validated
Tin
Tuyen Quang Non-Ferrous Metals Joint Stock Company
Vietnam
Active
Tin
VQB Mineral and Trading Group JSC
Vietnam
Validated
Tin
White Solder Metalurgia e Mineração Ltda.
Brazil
Validated
Tin
Yunnan Chengfeng Non-ferrous Metals Co., Ltd.
China
Active
Tin
Yunnan Tin Group (Holding) Co., Ltd.
China
Validated
Tungsten
A.L.M.T. TUNGSTEN Corp.
Japan
Validated
Tungsten
Asia Tungsten Products Vietnam Ltd.
Vietnam
Validated
Tungsten
Chenzhou Diamond Tungsten Products Co., Ltd.
China
Validated
Tungsten
Chongyi Zhangyuan Tungsten Co., Ltd.
China
Validated
Tungsten
Dayu Weiliang Tungsten Co., Ltd.
China
TI-CMC Member
Tungsten
Fujian Jinxin Tungsten Co., Ltd.
China
Validated
Tungsten
Ganzhou Huaxing Tungsten Products Co., Ltd.
China
Validated
Tungsten
Ganzhou Jiangwu Ferrotungsten Co., Ltd.
China
Validated
Tungsten
Ganzhou Non-ferrous Metals Smelting Co., Ltd.
China
TI-CMC Member
Tungsten
Ganzhou Seadragon W & Mo Co., Ltd.
China
Validated
Tungsten
Ganzhou Yatai Tungsten Co., Ltd.
China
Validated

9


Tungsten
Global Tungsten & Powders Corp.
United States
Validated
Tungsten
Guangdong Xianglu Tungsten Co., Ltd.
China
Validated
Tungsten
H.C. Starck GmbH
Germany
Validated
Tungsten
H.C. Starck Smelting GmbH & Co.KG
Germany
Validated
Tungsten
Hunan Chenzhou Mining Co., Ltd.
China
Validated
Tungsten
Hunan Chunchang Nonferrous Metals Co., Ltd.
China
Validated
Tungsten
Hydrometallurg, JSC
Russian Federation
Validated
Tungsten
Japan New Metals Co., Ltd.
Japan
Validated
Tungsten
Jiangwu H.C. Starck Tungsten Products Co., Ltd.
China
TI-CMC Member
Tungsten
Jiangxi Gan Bei Tungsten Co., Ltd.
China
Validated
Tungsten
Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd.
China
Unknown
Tungsten
Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.
China
TI-CMC Member
Tungsten
Jiangxi Xinsheng Tungsten Industry Co., Ltd.
China
TI-CMC Member
Tungsten
Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd.
China
Validated
Tungsten
Jiangxi Yaosheng Tungsten Co., Ltd.
China
Active
Tungsten
Kennametal Fallon
United States
Active
Tungsten
Kennametal Huntsville
United States
Validated
Tungsten
Malipo Haiyu Tungsten Co., Ltd.
China
Validated
Tungsten
Niagara Refining LLC
United States
Validated
Tungsten
Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC
Vietnam
Validated
Tungsten
Pobedit, JSC
Russian Federation
TI-CMC Member
Tungsten
Tejing (Vietnam) Tungsten Co., Ltd.
Vietnam
Validated
Tungsten
Vietnam Youngsun Tungsten Industry Co., Ltd.
Vietnam
Validated
Tungsten
Wolfram Bergbau und Hütten AG
Austria
Validated
Tungsten
Xiamen Tungsten (H.C.) Co., Ltd.
China
Validated
Tungsten
Xiamen Tungsten Co., Ltd.
China
Validated
Tungsten
Xinhai Rendan Shaoguan Tungsten Co., Ltd.
China
Validated
Country of origin for the conflict minerals processed by the facilities listed above may include:
Angola, Argentina, Australia, Austria, Belgium, Bolivia, Brazil, Burundi, Cambodia, Canada, Central Africa Republic, Chile, China, Columbia, Cote D’Ivoire, Czech Republic, Djibouti, DRC, Ecuador, Egypt, Estonia, Ethiopia, France, Germany, Guyana, Hungry, India, Indonesia, Ireland, Israel, Japan, Kazakhstan, Kenya, Laos, Luxembourg, Madagascar, Malaysia, Mongolia, Myanmar, Mozambique, Namibia, Netherlands, Nigeria, Peru, Portugal, Republic of Congo, Russian, Rwanda, Sierra Leone, Singapore, Slovakia, South Korea, South Africa, Spain, South Sudan, Suriname, Switzerland, Taiwan, Tanzania, Thailand, Uganda, United Kingdom, United States, Vietnam, Zimbabwe or Zambia

(1)
Facility name and location as reported by the Conflict Free Sourcing Initiative.
(2)
Facility statuses defined as following:
Smelter Status
Status Definition
Validated
Facilities as of April 29, 2016 that are complaint with the CFSP assessment protocols
Active
Facilities that have committed to undergo a CFSP audit or are participating in another certification program
TI-CMC Member
Facilities that have committed to complete a CFSP validation audit within two years of TI-CMC membership issuance
Unknown
Facilities that have not committed to undergo a CFSP audit and are not participating in another certification program

10