EX-1.01 2 ex1-01.htm Unassociated Document
Exhibit 1.01

The Middleby Corporation
Conflict Minerals Report

For the year ended December 31, 2015

 
This report for the year ended December 31, 2015 is presented to comply with Section 13(p) of the Securities Exchange Act of 1934 and Rule 13p-1 (the Rule) and Form SD thereunder.  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 whose manufactured products contain conflict minerals which are necessary to the functionality or production of their products. Conflict minerals are defined as cassiterite, columbite-tantalite, gold, wolframite, and their derivatives, which are limited to tin, tantalum and tungsten (together with gold, 3TG) for the purposes of this assessment. These requirements apply to registrants, regardless of the geographic origin of the conflict minerals and whether or not they fund armed conflict.  In accordance with the instructions to Form SD, this Conflict Minerals Report has not been audited by an independent private sector auditor.

If a registrant can establish that the conflict minerals in its products originated from sources other than the Democratic Republic of the Congo (DRC) or an adjoining country, or from recycled and scrap sources, the registrant must submit a specialized disclosure report under Form SD that describes the steps that the registrant took to determine the origin of the conflict minerals in its products.

If a registrant has reason to believe that any of the conflict minerals in its supply chain may have originated in the DRC or an adjoining country, (collectively, the Conflict Region), or if the registrant is unable to determine the country of origin of those conflict minerals, then the registrant must exercise due diligence on the conflict minerals’ source and chain of custody, and the registrant must annually submit a Conflict Minerals Report to the SEC that includes a description of those due diligence measures.

1)
Company Overview

The Middleby Corporation (Middleby or the company), through its operating subsidiary Middleby Marshall Inc. and its subsidiaries, is a leader in the design, manufacture, marketing, distribution and service of a broad line of (i) cooking and warming equipment used in all types of commercial restaurants and institutional kitchens, (ii) food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and (iii) premium kitchen equipment including ranges, ovens, refrigerators, ventilation and dishwashers primarily used in the residential market.

Founded in 1888 as a manufacturer of baking ovens, Middleby Marshall Oven Company was acquired in 1983 by TMC Industries Ltd., a publicly traded company that changed its name in 1985 to The Middleby Corporation. The company has established itself as a leading provider of (i) commercial restaurant equipment, (ii) food processing equipment and (iii) residential kitchen equipment as a result of its acquisition of industry leading brands and through the introduction of innovative products within each of these segments.

2)
Products Overview
 
 
a)
Commercial foodservice equipment

The products offered by this group include conveyor ovens, combi-ovens, convection ovens, baking ovens, proofing ovens, deck ovens, speed cooking ovens, hydrovection ovens, ranges, fryers, rethermalizers, steam cooking equipment, warming equipment, heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, induction cooking equipment, countertop cooking equipment, toasters, professional refrigerators, blast chillers, coldrooms, ice machines, freezers and beverage dispensing equipment.

The commercial foodservice equipment is marketed under a portfolio of forty brands, including Anets®, Beech®, Blodgett®, Blodgett Combi®, Blodgett Range®, Bloomfield®, Britannia®, CTX®, Carter-Hoffmann®, Celfrost®, Concordia®, CookTek®, Desmon®, Doyon®, Eswood®, FriFri®, Giga®, Goldstein®, Holman®, Houno®, IMC®, Induc®, Jade®, Lang®, Lincat®, MagiKitch'n®, Market Forge®, Marsal®, Middleby Marshall®, MPC®, Nieco®, Nu-Vu®, PerfectFry®, Pitco Frialator®, Southbend®, Star®, Toastmaster®, TurboChef®, Wells® and Wunder-Bar®.

 
 

 
 
 
b)
Food processing equipment

The products offered by this group include a wide array of cooking and baking solutions, including batch ovens, baking ovens, proofing ovens, conveyor ovens, continuous processing ovens, frying systems and automated thermal processing systems. The company also provides a comprehensive portfolio of complementary food preparation equipment such as grinders, slicers, emulsifiers, mixers, blenders, battering equipment, breading equipment, water cutting systems, food presses, and forming equipment, as well as a variety of food safety, food handling, freezing and packaging equipment. This portfolio of equipment can be integrated to provide customers a highly efficient and customized solution.

The food processing equipment is marketed under a portfolio of thirteen brands, including Alkar®, Armor Inox®, Auto-Bake®, Baker Thermal Solutions®, Cozzini®, Danfotech®, Drake®, Maurer-Atmos®, MP Equipment®, RapidPak®, Spooner Vicars®, Stewart Systems® and Thurne®.

 
c)
Residential kitchen equipment

The Residential Kitchen Equipment Group manufactures, sells and distributes kitchen equipment for the residential market. Principal product lines of this group are ranges, cookers, stoves, ovens, refrigerators, dishwashers, microwaves, cooktops, refrigerators, wine coolers, ice machines, dishwashers, ventilation equipment and outdoor equipment. These products are sold and marketed under a portfolio of twenty-one brands, including AGA®, AGA Cookshop®, Brigade®, Divertimenti®, Falcon®, Fired Earth®, Grange®, Heartland®, La Cornue®, Leisure Sinks®, Lynx®, Marvel®, Mercury®, Rangemaster®, Rayburn®, Redfyre®, Sedona®, Stanley®, TurboChef®, U-Line® and Viking®.

3)
Supply Chain Overview

The company’s business depends on an extensive global network of suppliers to provide the materials, parts and services to make its final products. As a downstream company, generally there are multiple tiers between the company and its suppliers and the source of raw materials that enter the manufacturing process. The composition of the company’s supply chain makes it challenging to identify the origin of 3TG used in its products. Therefore, the company must rely on its direct suppliers to work with upstream suppliers to provide accurate information (e.g., through the reasonable country of origin inquiry described below) about the origin of 3TG in the materials and parts that the company purchases.

4)
Reasonable Country of Origin Inquiry (“RCOI”) and RCOI Conclusion

Based on an analysis of its products, the company determined that its products contain 3TG necessary to the functionality or production of those products. Therefore, the company is subject to the reporting obligations of the Rule.

Due to the breadth and complexity of the company’s products and the size and complexity of its supply chain, it is difficult to identify those sources upstream from our direct suppliers.

After conducting a good faith RCOI, the company did not have sufficient information from its suppliers or other sources to determine whether the conflict minerals contained in its products originated in the Conflict Region or are from recycled or scrap sources.  As a result, the company conducted due diligence and developed a conflict minerals program.

5)
Design of Conflict Minerals Program

The company has established a conflict minerals program to conduct due diligence on the source and chain of custody of the necessary 3TG contained in the company’s products. The company’s due diligence program has been designed to conform, in all material respects, with the internationally recognized framework presented by The Organisation for Economic Co-operation and Development (OECD) in the publication OECD (2013) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas: Second Edition and the related supplements for 3TG (OECD Guidance).
 
6)
Due Diligence Steps Performed

The due diligence steps performed by the company are set forth below according to the five-step framework established by the OECD Guidance:

 
 

 
 
Step One:  Establish Strong Company Management Systems

 
The company’s policy with respect to the sourcing of conflict minerals can be found at www.middleby.com, under the heading “Investor Info”. The content of any the company’s website is referenced in this report for general information only and is not incorporated by reference in this report.

 
The company has in place a management structure to support supply chain due diligence related to conflict minerals. This includes an executive steering committee led by the global supply chain executive and the corporate controller, which are responsible for the company’s due diligence strategy, as well as reporting under the Rule.

 
The company has contracted with a third-party service provider to assist with the supplier outreach processes.

 
The company is following its established records retention policy, which requires it to maintain records related to SEC filings such as the conflict minerals reporting for a specified number of years.

 
The company’s senior management is briefed about the company’s practices with respect to 3TG due diligence.

Step Two:  Identify and Assess Risks in the Supply Chain

Middleby does not directly source any conflict minerals that may be used in the products it manufactures or contracts to manufacture. Therefore, the company must rely solely on its upstream supply chain to assist with the required due diligence efforts. Accordingly, the company implemented the following measures as part of its due diligence program related to conflict minerals:

 
Compiled a list of suppliers that provide raw materials and components used in the manufacturing of all Middleby products and determined to be in-scope for regulatory purposes (i.e., provided raw materials and components may include conflict minerals);

 
Contacted the identified suppliers and, using the Conflict-Free Sourcing Initiative's (CFSI) Conflict Minerals Reporting Template, requested from those suppliers confirmation of the presence of conflict minerals in the raw materials or components they supplied to Middleby and information regarding the origin of those minerals;

 
Established an initial deadline for suppliers to provide the requested information and documentation;

 
Performed follow-up with unresponsive suppliers to request compliance with its requests for information and documentation;

 
Reviewed and analyzed information on smelters or refiners contained in the responses by comparing the reported smelters and refiners to the CFSI's Conflict-Free Smelter Program list;

 
Identified suppliers that appear to require further due diligence on the source and chain of custody of the necessary conflict minerals provided to Middleby; and

 
Followed up with suppliers, and performed additional due diligence on the supply chain of suppliers, that:

 
Reported potentially sourcing conflict minerals from the Conflict Region; or

 
Provided data indicating sourcing or potentially sourcing from a mine located in the Conflict Region; or

 
Did not provide full information in response to the company’s inquiries.

Step Three:  Design and Implement a Strategy to Respond to Identified Risks

 
The company has a risk management plan to address concerns that a supplier may be providing components that contain 3TG sourced from the Conflict Region.
 
 
 

 
 
 
If a supplier indicates that it directly or indirectly sources 3TG from the Conflict Region, the company requests additional information from such supplier. If a supplier is confirmed to provide materials for company products that contain 3TG sourced from the Conflict Region, the company program risk management procedures allow for mitigation steps, including conducting a review with the program managers from the affected business segments to determine appropriate next steps.

 
During 2015, Middleby did not identify any instance where it was necessary to implement risk mitigation efforts, temporarily suspend its relationship or disengage with a member of the Supplier Group.

Step Four:  Carry out Independent Third-Party Audit of Smelter/Refiner’s Due Diligence Practices

As Middleby does not directly source any conflict minerals used in its products, the company did not engage in any third-party audits of smelters or refiners that may be in its supply chain. However, the company continues to support the CFSI's efforts to influence smelters and refiners to become certified through its Conflict-Free Smelter Program and encourages its upstream suppliers to utilize these certified smelters and refiners when sourcing conflict minerals.

Step Five:   Report Annually on Supply Chain Due Diligence

A copy of this Conflict Minerals Report, along with a copy of the company’s Conflict Minerals Policy, is available on the company’s website at www.middleby.com under the heading “Investor Relations.”

 
7)
Due Diligence Results

As a result of the company’s due diligence for the year ended December 31, 2015, Middleby was unable to determine the origin of all of the conflict minerals contained in its products or whether such conflict minerals directly or indirectly financed or benefited armed groups in the Conflict Region. Set forth in Annex A is a list of known smelters that may be in our supply chain for the products we manufacture or contract to manufacture. Such smelters have been recognized in the CFSI’s Conflict-Free Smelter Program list.

Due to the breadth and complexity of the company’s products and the size and complexity of the company’s supply chain, it will take additional time and resources for many of the company’s suppliers to verify the origin of the minerals contained in the materials that they supply to us, and they may not be successful in their efforts.  Even then, Middleby’s due diligence measures can provide only reasonable, not absolute, assurance regarding the source and chain of custody of the necessary conflict minerals.

As discussed throughout this report, the most difficult challenge is identifying and obtaining reliable and useful information from upstream suppliers with which Middleby may not have a relationship.  Because information generally was provided at a company or divisional level and was not tied to the company’s specific products, the company did not have sufficient information to identify the facilities that sourced 3TG included in the company’s products, or to identify the country of origin of such 3TG.  While some survey responses identified suppliers within the Supplier Group that indicated they used smelters or mines from the Conflict Region, those responses stated that those suppliers sourced from multiple smelters and mines, and also did not disclose a full product line that would enable the company to tie a specific mine to one of its products.

 
8)
Steps to be Taken to Mitigate Risk

Middleby continues to look for ways to improve its conflict minerals due diligence process and to mitigate any risk that conflict minerals in its products could benefit armed groups in the Conflict Region. Specifically, the company is undertaking, and will continue to undertake, the following steps:

 
Engage unresponsive suppliers with a view toward obtaining additional information regarding those suppliers that have not responded to requests for conflict minerals information, ultimately seeking to have responses from suppliers detailing:
 
 
the use of necessary conflict minerals in the materials or components they supply to the company;

 
the country of origin of those conflict minerals;
 
 
 

 

 
the use of scrap or recycled sources in those conflict minerals; and

 
the source and chain of custody of those conflict minerals originating in the Conflict Region and not obtained from scrap or recycled sources;

 
Engage those suppliers that have responded to the company’s request for conflict mineral information, but where the responses received were incomplete or had inconsistencies within the data the supplier reported in the CFSI Conflict Minerals Reporting Template;

 
Continue to define our third party service provider's role in the gathering and processing of the information required for the RCOI and due diligence processes;

 
Work with upstream suppliers to educate them on the necessary processes they need to undertake in order to allow them to assist the company in performing the due diligence under the OECD Guidance;

 
Review supplier contracts in an effort to determine the inclusion of specific language on the use of conflict minerals in the materials or components supplied to Middleby; and

 
Continue developing a strategy for mitigating the risk that the conflict minerals in the company’s supply chain may have originated from the Conflict Region.

 
Forward-Looking Statements
 
Certain statements in this Conflict Minerals Report are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about Middleby’s business. Forward-looking statements by their nature address matters that are, to different degrees, uncertain and often contain words such as “may,” “could,” “expect,” “plan,” “seek,”  “believe,” “predict,” “potential” or “continue.” These statements are not guarantees of future performance and involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this Conflict Minerals Report. Such forward-looking statements speak only as of the date on which they are made and Middleby does not undertake any obligation to update any forward-looking statements to reflect events or circumstances after the date of this Conflict Minerals Report. These forward-looking statements should be considered in the light of the information included in this report and the company’s other filings with the SEC, including, without limitation, the risk factors set forth in our Annual Report on Form 10-K for the year ended January 2, 2016.

 
 

 

Annex A
 
The following is a list of known smelters that may be in our supply chain for the products we manufacture or contract to manufacture. Such smelters have been recognized in the CFSI’s Conflict-Free Smelter Program list.
 
Metal
Smelter Name
Smelter Country
Tungsten
A.L.M.T. TUNGSTEN Corp.
Japan
Tungsten
ABS Industrial Resources Ltd
United Kingdom
Tungsten
ACL Metais Eireli
Brazil
Gold
Advanced Chemical Company
United States
Gold
Aida Chemical Industries Co., Ltd.
Japan
Tungsten
Air Product
France
Tungsten
Air Products
United States
Gold
Aktyubinsk Copper Company TOO
Kazakhstan
Gold
Al Etihad Gold
United Arab Emirates
Gold
Allgemeine Gold-und Silberscheideanstalt A.G.
Germany
Gold
Almalyk Mining and Metallurgical Complex (AMMC)
Uzbekistan
Tin
Alpha
United States
Tantalum
AMG Advanced Metallurgical Group
United States
Tin
An Thai Minerals Company Limited
Vietnam
Tin
An Vinh Joint Stock Mineral Processing Company
Vietnam
Gold
AngloGold Ashanti Córrego do Sítio Mineração
Brazil
Gold
Argor-Heraeus SA
Switzerland
Gold
Asahi Pretec Corporation
Japan
Gold
Asahi Refining Canada Limited
Canada
Gold
Asahi Refining USA Inc.
United States
Gold
Asaka Riken Co., Ltd.
Japan
Tungsten
Asia Tungsten Products Vietnam Ltd.
Vietnam
Gold
Atasay Kuyumculuk Sanayi Ve Ticaret A.S.
Turkey
Gold
Aurubis AG
Germany
Tantalum
Avon Specialty Metals Ltd
United Kingdom
Gold
Bangko Sentral ng Pilipinas (Central Bank of the Philippines)
Philippines
Gold
Bauer Walser AG
Germany
Tungsten
Beijing Tian-Long Tungsten & Molybdenum Co., Ltd.
China
Tin
Best Metais e Soldas SA
Brazil
Gold
BHP Billiton
Australia
Gold
Boliden AB
Sweden
Gold
C. Hafner GmbH + Co. KG
Germany
Gold
Caridad
Mexico
Gold
CCR Refinery - Glencore Canada Corporation
Canada
Gold
Cendres + Métaux SA
Switzerland
Tantalum
Changsha South Tantalum Niobium Co., Ltd.
China
Tungsten
Chenzhou Diamond Tungsten Products Co., Ltd.
China
Tin
Chenzhou Yunxiang Mining and Metallurgy Company Limited
China
Gold
Chimet S.p.A.
Italy
Gold
China Nonferrous Metal Mining (Group) Co., Ltd.
China
Tin
China Tin Group Co., Ltd.
China
Tungsten
Chongyi Zhangyuan Tungsten Co., Ltd.
China
Gold
Chugai Mining
Japan
 
 
 

 
 
Tin
CNMC (Guangxi) PGMA Co. Ltd.
China
Gold
Codelco
Chile
Tin
Colonial Metals, Inc
United States
Tin
Complejo Metalurgico Vinto S.A.
Bolivia
Tantalum
Conghua Tantalum and Niobium Smeltry
China
Tin
Cooperativa Metalurgica de Rondônia Ltda.
Brazil
Tin
CSC Pure Technologies
Russia
Tin
CV Ayi Jaya
Indonesia
Tin
CV Dua Sekawan
Indonesia
Tin
CV Duta Putra Bangka
Indonesia
Tin
CV Gita Pesona
Indonesia
Tin
CV Prima Timah Utama
Indonesia
Tin
CV Serumpun Sebalai
Indonesia
Tin
CV Tiga Sekawan
Indonesia
Tin
CV United Smelting
Indonesia
Tin
CV Venus Inti Perkasa
Indonesia
Tantalum
D Block Metals, LLC
United States
Gold
Daejin Indus Co., Ltd.
South Korea
Gold
Daye Non-Ferrous Metals Mining Ltd.
China
Tungsten
Dayu Jincheng Tungsten Industry Co., Ltd.
China
Tungsten
Dayu Weiliang Tungsten Co., Ltd.
China
Gold
DODUCO GmbH
Germany
Gold
Dowa
Japan
Gold
DSC (Do Sung Corporation)
South Korea
Tantalum
Duoluoshan
China
Tantalum
E.S.R. Electronics
United States
Gold
Eco-System Recycling Co., Ltd.
Japan
Tin
EFD INC.
United States
Gold
Eldorado Gold Corporation
Canada
Tin
Electroloy Metal Pte
Singapore
Tin
Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company
Vietnam
Gold
Elemetal Refining, LLC
United States
Tin
Elmet S.A. de C.V.
Mexico
Tin
Elmet S.L.U. (Metallo Group)
Spain
Tin
EM Vinto
Bolivia
Gold
Emirates Gold DMCC
United Arab Emirates
Tungsten
ERAMET
France
Gold
ESG Edelmetall-Service GmbH & Co. KG
Germany
Tin
Estanho de Rondônia S.A.
Brazil
Tungsten
Exotech Inc.
United States
Tantalum
F&X Electro-Materials Ltd.
China
Gold
Faggi Enrico S.p.A.
Italy
Tin
Federal Metal Company
United States
Tin
Feinhutte Halsbrucke GmbH
Germany
Tin
Fenix Metals
Poland
Gold
Fidelity Printers and Refiners Ltd.
Zimbabwe
Tantalum
FIR Metals & Resource Ltd.
China
 
 
 

 
 
Tungsten
Fujian Jinxin Tungsten Co., Ltd.
China
Gold
Gannon & Scott
United States
Gold
Gansu Seemine Material Hi-Tech Co Ltd
China
Gold
Gansu Seemine Material Hi-Tech Co., Ltd.
China
Tungsten
Ganxian Shirui New Material Co., Ltd.
China
Tungsten
Ganzhou Haichuang Tungsten Industry Co., Ltd.
China
Tungsten
Ganzhou Huaxing Tungsten Products Co., Ltd.
China
Tungsten
Ganzhou Jiangwu Ferrotungsten Co., Ltd.
China
Tungsten
Ganzhou Non-ferrous Metals Smelting Co., Ltd.
China
Tungsten
Ganzhou Seadragon W & Mo Co., Ltd.
China
Tungsten
Ganzhou Yatai Tungsten Co., Ltd.
China
Gold
Geib Refining Corporation
United States
Tin
Gejiu Fengming Metalurgy Chemical Plant
China
Tin
Gejiu Kai Meng Industry and Trade LLC
China
Tin
Gejiu Non-Ferrous Metal Processing Co., Ltd.
China
Tin
Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.
China
Tin
Gejiu Zi-Li
China
Tantalum
Global Advanced Metals Aizu
Japan
Tantalum
Global Advanced Metals Boyertown
United States
Tungsten
Global Tungsten & Powders Corp.
United States
Tungsten
Golden Egret Special Alloy Co. Ltd
China
Gold
Guangdong Jinding Gold Limited
China
Tungsten
Guangdong Xianglu Tungsten Co., Ltd.
China
Tantalum
Guangdong Zhiyuan New Material Co., Ltd.
China
Tin
Guanyang Guida Nonferrous Metal Smelting Plant
China
Tantalum
Guizhou Zhenhua Xinyun Technology Ltd., Kaili branch
China
Tantalum
H.C. Starck Co., Ltd.
Thailand
Tungsten
H.C. Starck GmbH
Germany
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
Tungsten
H.C. Starck Smelting GmbH & Co.KG
Germany
Gold
Hangzhou Fuchunjiang Smelting Co., Ltd.
China
Gold
Heimerle + Meule GmbH
Germany
Tantalum
Hengyang King Xing Lifeng New Materials Co., Ltd.
China
Gold
Heraeus Ltd. Hong Kong
China
Tin
Heraeus Materials Technology GmbH & Co. KG
Singapore
Gold
Heraeus Precious Metals GmbH & Co. KG
Germany
Tantalum
Hi-Temp Specialty Metals, Inc.
United States
Tin
Hongqiao Metals (Kunshan) Co., Ltd.
China
Gold
House of Currency of Brazil (Casa da Moeda do Brazil)
Brazil
Tin
HuiChang Hill Tin Industry Co., Ltd.
China
Tin
Huichang Jinshunda Tin Co. Ltd
China
Gold
Hunan Chenzhou Mining Co., Ltd.
China
Tungsten
Hunan Chuangda Metallurgy Group Co. Ltd.
China
Tungsten
Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji
China
 
 
 

 
 
Tungsten
Hunan Chuangda Vanadium Tungsten Co., Ltd. Yanglin
China
Tungsten
Hunan Chunchang Nonferrous Metals Co., Ltd.
China
Gold
Hwasung CJ Co. Ltd
South Korea
Tungsten
Hydrometallurg, JSC
Russia
Tin
Hyundai-Steel
South Korea
Gold
Inner Mongolia Qiankun Gold and Silver Refinery Share Company Limited
China
Gold
Ishifuku Metal Industry Co., Ltd.
Japan
Gold
Istanbul Gold Refinery
Turkey
Tungsten
Izawa Metal Co., Ltd
Japan
Gold
Japan Mint
Japan
Tungsten
Japan New Metals Co., Ltd.
Japan
Tin
Jean Goldschmidt International SA
Belgium
Tungsten
Jiangsu Hetian Technological Material Co.,Ltd
China
Tungsten
Jiangwu H.C. Starck Tungsten Products Co., Ltd.
China
Gold
Jiangxi Copper Company Limited
China
Tungsten
Jiangxi Dayu Longxintai Tungsten Co., Ltd.
China
Tantalum
Jiangxi Dinghai Tantalum & Niobium Co., Ltd
China
Tungsten
Jiangxi Gan Bei Tungsten Co., Ltd.
China
Tin
Jiangxi Ketai Advanced Material Co., Ltd.
China
Tungsten
Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd.
China
Tungsten
Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.
China
Tantalum
Jiangxi Tuohong New Raw Material
China
Tungsten
Jiangxi Xinsheng Tungsten Industry Co., Ltd.
China
Tungsten
Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd.
China
Tungsten
Jiangxi Yaosheng Tungsten Co., Ltd.
China
Gold
Jinlong Copper Co., Ltd.
China
Tantalum
JiuJiang JinXin Nonferrous Metals Co., Ltd.
China
Tungsten
Jiujiang Tanbre Co., Ltd.
China
Tantalum
Jiujiang Zhongao Tantalum & Niobium Co., Ltd.
China
Gold
JSC Ekaterinburg Non-Ferrous Metal Processing Plant
Russia
Gold
JSC Uralelectromed
Russia
Gold
JX Nippon Mining & Metals Co., Ltd.
Japan
Gold
Kaloti Precious Metals
United Arab Emirates
Gold
Kazakhmys plc
Kazakhstan
Gold
Kazzinc
Kazakhstan
Tantalum
KEMET Blue Metals
United States
Tantalum
Kemet Blue Powder
United States
Tungsten
Kennametal Fallon
United States
Tungsten
Kennametal Huntsville
United States
Gold
Kennecott Utah Copper LLC
United States
Gold
KGHM Polska Miedź Spółka Akcyjna
Poland
Tantalum
King-Tan Tantalum Industry Ltd.
China
Gold
Kojima Chemicals Co., Ltd.
Japan
Tin
Koki Products Co., Ltd.
Thailand
Gold
Korea Metal Co. Ltd
South Korea
Gold
Korea Zinc Co. Ltd.
South Korea
Gold
Kovohutě Příbram
Czech Republic
Gold
Kyrgyzaltyn JSC
Kyrgyzstan
 
 
 

 
 
Gold
L' azurde Company For Jewelry
Saudi Arabia
Gold
Lingbao Gold Company Ltd.
China
Gold
Lingbao Jinyuan Tonghui Refinery Co. Ltd.
China
Tin
Linwu Xianggui Smelter Co
China
Tantalum
LSM Brasil S.A.
Brazil
Gold
LS-NIKKO Copper Inc.
South Korea
Gold
Luo yang Zijin Yinhui Metal Smelt Co Ltd
China
Tungsten
Luoyang Mudu Tungsten & Molybdenum Technology Co., Ltd.
China
Tin
Magnu's Minerais Metais e Ligas Ltda.
Brazil
Tin
Malaysia Smelting Corporation (MSC)
Malaysia
Tungsten
Malipo Haiyu Tungsten Co., Ltd.
China
Gold
Marsam Metals
Brazil
Tin
Materials Eco-Refining CO.,LTD
Japan
Gold
Materion
United States
Gold
Matsuda Sangyo Co., Ltd.
Japan
Tin
Melt Metais e Ligas S/A
Brazil
Gold
Metahub Industries Sdn. Bhd.
Malaysia
Gold
Metallic Resources, Inc.
United States
Tin
Metallo-Chimique N.V.
Belgium
Tantalum
Metallurgical Products India Pvt., Ltd.
India
Gold
Metalor Technologies (Hong Kong) Ltd.
China
Gold
Metalor Technologies (Singapore) Pte., Ltd.
Singapore
Gold
Metalor Technologies (Suzhou) Co Ltd
China
Gold
Metalor Technologies SA
Switzerland
Gold
Metalor USA Refining Corporation
United States
Gold
METALÚRGICA MET-MEX PEÑOLES, S.A. DE C.V
Mexico
Tin
Mineração Taboca S.A.
Brazil
Tin
Minsur
Peru
Gold
Mitsubishi Materials Corporation
Japan
Gold
Mitsui Mining & Smelting
Japan
Gold
MMTC-PAMP India Pvt., Ltd.
India
Tungsten
Moliren Ltd
Russia
Tantalum
Molycorp Silmet A.S.
Estonia
Gold
Morris and Watson
New Zealand
Gold
Moscow Special Alloys Processing Plant
Russia
Gold
Nadir Metal Rafineri San. Ve Tic. A.Ş.
Turkey
Tin
Nankang Nanshan Tin Co., Ltd.
China
Gold
Navoi Mining and Metallurgical Combinat
Uzbekistan
Tin
Nghe Tinh Non-Ferrous Metals Joint Stock Company
Vietnam
Tungsten
Niagara Refining LLC
United States
Gold
Nihon Material Co., Ltd.
Japan
Tantalum
Ningxia Orient Tantalum Industry Co., Ltd.
China
Tantalum
Nippon Mining & Metals Co. Ltd.
Japan
Tungsten
North American Tungsten
Canada
Tin
Novosibirsk Integrated Tin Works
Russia
Tungsten
Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC
Vietnam
Tin
O.M. Manufacturing (Thailand) Co., Ltd.
Thailand
Tin
O.M. Manufacturing Philippines, Inc.
Philippines
 
 
 

 
 
Gold
Ögussa Österreichische Gold- und Silber-Scheideanstalt GmbH
Austria
Gold
Ohura Precious Metal Industry Co., Ltd.
Japan
Gold
OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet)
Russia
Gold
OJSC Kolyma Refinery
Russia
Gold
OJSC Novosibirsk Refinery
Russia
Tin
Operaciones Metalurgical S.A.
Bolivia
Gold
PAMP SA
Switzerland
Tin
PBT
France
Gold
Penglai Penggang Gold Industry Co Ltd
China
Tungsten
Philippine Chuangin Industrial Co., Inc.
Philippines
Tin
Phoenix Metal Ltd
Rwanda
Tantalum
Plansee SE Liezen
Austria
Tantalum
Plansee SE Reutte
Austria
Tungsten
Pobedit, JSC
Russia
Tin
POSCO
South Korea
Tin
Primeyoung Metal Ind. (Zhuhai) Co., Ltd
China
Gold
Prioksky Plant of Non-Ferrous Metals
Russia
Tin
PT Alam Lestari Kencana
Indonesia
Gold
PT Aneka Tambang (Persero) Tbk
Indonesia
Tin
PT Aries Kencana Sejahtera
Indonesia
Tin
PT Artha Cipta Langgeng
Indonesia
Tin
PT ATD Makmur Mandiri Jaya
Indonesia
Tin
PT Babel Inti Perkasa
Indonesia
Tin
PT Bangka Kudai Tin
Indonesia
Tin
PT Bangka Prima Tin
Indonesia
Tin
PT Bangka Timah Utama Sejahtera
Indonesia
Tin
PT Bangka Tin Industry
Indonesia
Tin
PT Belitung Industri Sejahtera
Indonesia
Tin
PT BilliTin Makmur Lestari
Indonesia
Tin
PT Bukit Timah
Indonesia
Tin
PT Cipta Persada Mulia
Indonesia
Tin
PT DS Jaya Abadi
Indonesia
Tin
PT Eunindo Usaha Mandiri
Indonesia
Tin
PT Fang Di MulTindo
Indonesia
Tin
PT Inti Stania Prima
Indonesia
Tin
PT Justindo
Indonesia
Tin
PT Karimun Mining
Indonesia
Tin
PT Kijang Jaya Mandiri
Indonesia
Tin
PT Mitra Stania Prima
Indonesia
Tin
PT Panca Mega Persada
Indonesia
Tin
PT Pelat Timah Nusantara Tbk
Indonesia
Tin
PT Prima Timah Utama
Indonesia
Tin
PT Refined Bangka Tin
Indonesia
Tin
PT Sariwiguna Binasentosa
Indonesia
Tin
PT Seirama Tin investment
Indonesia
Tin
PT Stanindo Inti Perkasa
Indonesia
Tin
PT Sukses Inti Makmur
Indonesia
Tin
PT Sumber Jaya Indah
Indonesia
 
 
 

 
 
Tin
PT Timah (Persero) Tbk Kundur
Indonesia
Tin
PT Timah (Persero) Tbk Mentok
Indonesia
Tin
PT Tinindo Inter Nusa
Indonesia
Tin
PT Tirus Putra Mandiri
Indonesia
Tin
PT Tommy Utama
Indonesia
Tin
PT WAHANA PERKIT JAYA
Indonesia
Tin
Pure Technology
Russia
Gold
PX PrŽcinox SA
Switzerland
Tantalum
QuantumClean
United States
Gold
Rand Refinery (Pty) Ltd.
South Africa
Gold
Republic Metals Corporation
United States
Tin
Resind Indústria e Comércio Ltda.
Brazil
Tantalum
RFH Tantalum Smeltry Co., Ltd.
China
Gold
Rio Tinto Group
United Kingdom
Tin
Ritchey Metals
United States
Gold
Royal Canadian Mint
Canada
Tin
Rui Da Hung
Taiwan
Gold
SAAMP
France
Gold
Sabin Metal Corp.
United States
Gold
Samduck Precious Metals
South Korea
Gold
SAMWON METALS Corp.
South Korea
Tungsten
Sanher Tungsten Vietnam Co., Ltd.
Vietnam
Gold
SAXONIA Edelmetalle GmbH
Germany
Gold
Schone Edelmetaal B.V.
Netherlands
Gold
SEMPSA Joyería Platería SA
Spain
Tin
Senju Metal Industry Co., Ltd.
Bolivia
Tin
SGS
Bolivia
Gold
Shandong Gold Mining Co., Ltd.
China
Gold
Shandong Tiancheng Biological Gold Industrial Co., Ltd.
China
Gold
Shandong Zhaojin Gold & Silver Refinery Co., Ltd.
China
Tin
Shaoxing Tianlong Tin Materials Co., Ltd
China
Tin
Shenzhen Anchen Tin Co., Ltd
China
Gold
Sichuan Tianze Precious Metals Co., Ltd.
China
Gold
Singway Technology Co., Ltd.
Taiwan
Gold
So Accurate Group, Inc.
United States
Gold
SOE Shyolkovsky Factory of Secondary Precious Metals
Russia
Tin
Soft Metais Ltda.
Brazil
Gold
Solar Applied Materials Technology Corp.
Taiwan
Tin
Solikamsk Magnesium Works OAO
Russia
Tungsten
South-East Nonferrous Metal Company Limited of Hengyang City
China
Gold
Sudan Gold Refinery
Sudan
Gold
Sumitomo Metal Mining Co., Ltd.
Japan
Gold
Super Dragon Technology Co., Ltd.
Taiwan
Gold
T.C.A S.p.A
Italy
Tungsten
TaeguTec Ltd.
South Korea
Tantalum
Taki Chemicals
Japan
Tungsten
Tamano Smelter, Hibi Kyodo Smelting Co., Ltd
Japan
Gold
Tanaka Kikinzoku Kogyo K.K.
Japan
 
 
 

 
 
Tin
Technic Inc.
United States
Tungsten
Tejing (Vietnam) Tungsten Co., Ltd.
Vietnam
Tantalum
Telex Metals
United States
Tin
Thaisarco
Thailand
Gold
The Great Wall Gold and Silver Refinery of China
China
Gold
The Refinery of Shandong Gold Mining Co., Ltd.
China
Gold
Tokuriki Honten Co., Ltd.
Japan
Gold
TongLing Nonferrous Metals Group Holdings Co., Ltd.
China
Gold
Tony Goetz NV
Belgium
Gold
Torecom
South Korea
Tantalum
Tranzact, Inc.
United States
Tantalum
Treibacher Industrie AG
Austria
Tin
Tuyen Quang Non-Ferrous Metals Joint Stock Company
Vietnam
Tantalum
Ulba Metallurgical Plant JSC
Kazakhstan
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
Tin
Vale Inco, Ltd.
Canada
Tungsten
Vietnam Youngsun Tungsten Industry Co., Ltd.
Vietnam
Tungsten
Voss Metals Company, Inc.
United States
Tin
VQB Mineral and Trading Group JSC
Vietnam
Gold
Western Australian Mint trading as The Perth Mint
Australia
Tin
White Solder Metalurgia e Mineração Ltda.
Brazil
Gold
WIELAND Edelmetalle GmbH
Germany
Tungsten
Wolfram Bergbau und Hütten AG
Austria
Tungsten
Woltech Korea Co., Ltd.
South Korea
Tungsten
Xiamen Honglu Tungsten Molybdenum Industry Co.Ltd
China
Tungsten
Xiamen Tungsten (H.C.) Co., Ltd.
China
Tungsten
Xiamen Tungsten Co., Ltd.
China
Tin
Xianghualing Tin Co., Ltd.
China
Tungsten
Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.
China
Tungsten
Xinhai Rendan Shaoguan Tungsten Co., Ltd.
China
Tantalum
XinXing Haorong Electronic Material Co., Ltd.
China
Gold
Yamamoto Precious Metal Co., Ltd.
Japan
Gold
Yantai Guodasafina High-tech Environmental Refinery CO., Ltd.
China
Tantalum
Yichun Jin Yang Rare Metal Co., Ltd.
China
Gold
Yokohama Metal Co., Ltd.
Japan
Tin
Yunnan Chengfeng Non-ferrous Metals Co.,Ltd.
China
Gold
Yunnan Copper Industry Co Ltd
China
Tin
Yunnan Tin Group (Holding) Company Limited
China
Tungsten
Zhangyuan Tungsten Co.,Ltd
China
Gold
Zhongyuan Gold Smelter of Zhongjin Gold Corporation
China
Tungsten
Zhuzhou Cemented Carbide
China
Tungsten
Zigong Cemented Carbide Co., Ltd.
China
Gold
Zijin Mining Group Co., Ltd. Gold Refinery
China