EX-1.01 2 d514327dex101.htm EX-1.01 EX-1.01

Exhibit 1.01

IMAX CORPORATION

Conflict Minerals Report

For The Year Ended December 31, 2016

This report for the year ended December 31, 2016 is presented to comply with Rule 13p-1 under the Securities Exchange Act of 1934 (the “Rule”). The Rule was adopted by the Securities and Exchange Commission (the “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 (the “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. The term “conflict mineral” is defined in Form SD under the SEC’s conflict mineral rules as: (A) columbite-tantalite, also known as coltan (the metal ore from which tantalum is extracted); cassiterite (the metal ore from which tin is extracted); gold; wolframite (the metal ore from which tungsten is extracted); or their derivatives which are limited to tantalum, tin, and tungsten, unless the Secretary of State determines that additional derivatives are financing conflict in the Democratic Republic of the Congo or an adjoining country or (B) any other mineral or its derivatives determined by the Secretary of State to be financing conflict in the Democratic Republic of the Congo or an adjoining country. Tin, tungsten, tantalum and gold will herein be referred to as the “3TGs”.

Pursuant to the Rule, IMAX Corporation (herein referred to as “IMAX” or the “Company”) has undertaken a reasonable country of origin inquiry (“RCOI”) for products manufactured or contracted to be manufactured by IMAX during calendar year 2016. In response to representations from certain of its suppliers obtained in the course of the RCOI, IMAX has conducted due diligence on the source and chain of custody of the necessary 3TGs in its products that it had reason to believe originated from the Democratic Republic of the Congo (the “DRC”) or an adjoining country (collectively, defined as the “Covered Countries”). For that reason, IMAX is required under the Rule to undertake due diligence and to submit to the SEC a Conflict Minerals Report (“CMR”) as an Exhibit to Form SD.

This report has been prepared by management of IMAX. The information includes the activities of all majority-owned subsidiaries and variable interest entities that are required to be consolidated. It does not include the activities of variable interest entities that are not required to be consolidated.

 

1. Company Overview

IMAX is one of the world’s leading entertainment technology companies, specializing in motion picture technologies and presentations. IMAX’s principal businesses are: (i) the design and manufacture of premium theater systems (“IMAX theater systems”) and the sale, lease or contribution of IMAX theater systems to customers under theater system arrangements; and (ii) the digital remastering of films into the IMAX format and the exhibition of those films in the IMAX theater network. The IMAX theater systems contain many electronic components, which in turn contain 3TGs that are necessary to their functionality or production.

 

2. Supply Chain

IMAX develops and designs all of the key elements of the proprietary technology involved in IMAX theater systems. Fabrication of a majority of parts and sub-assemblies, however, is subcontracted to a group of third-party suppliers. IMAX is therefore a purchaser of parts, components and manufactured products that are many steps downstream in the minerals supply chain. As a result, IMAX’s due diligence measures can provide only reasonable and not absolute assurance regarding the source and chain of custody of the necessary 3TGs. IMAX’s due diligence processes are based on the necessity of seeking data from its direct suppliers and those suppliers seeking similar information within their supply chains to identify the original sources of the necessary 3TGs.

 

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3. Product Description

IMAX theater systems may contain conflict minerals within the following components:

 

    Tantalum, primarily used in capacitors;

 

    Tin, used in soldered components;

 

    Tungsten, used in lamp electrodes (solely for non-laser based IMAX theater systems); and

 

    Gold, used in circuit boards, electrodes, connectors and electronic components.

 

4. Reasonable Country of Origin Inquiry

IMAX has engaged a third-party service provider, Assent Compliance (“Assent”) to assist with its conflict minerals program. For 2016, IMAX began its RCOI by compiling a list of suppliers, which was extracted from the Company’s preferred vendor list. The list was then filtered to ensure that all suppliers surveyed by the Company actually provided items that were used in final products in 2016. Specifically, the list was filtered to remove:

 

    Service providers/suppliers;

 

    Indirect materials suppliers; and

 

    Inactive suppliers (minimum 1 year since last purchase).

The filtered list was composed of 341 suppliers, which was provided to Assent and uploaded to Assent’s Compliance Manager software system (“Assent Compliance Manager”).

Assent conducted additional analysis of the supply chain which, combined with supplier feedback, resulted in 5 additional suppliers being removed from the scope of the conflict minerals inquiry. These suppliers were removed based on the following factors, which were provided either directly by the suppliers or through Assent’s secondary analysis:

 

    Whether a supplied product was merely packaging (labels do not count as packaging);

 

    Whether the parts a supplier used did not end up in the final product (e.g., such as equipment used to make the product, including industrial equipment, computers, etc.);

 

    Whether a supplier used test labs to determine, for example, the resistance or durability of a product;

 

    Whether a supplier was solely a service provider; and

 

    Whether a supplier supplied anything to IMAX in the last year.

After limiting the scope of inquiry, Assent conducted the supplier survey portion of the RCOI. The supplier survey utilized a template developed by the Electronic Industry Citizenship Coalition® and The Global e-Sustainability Initiative (“EICC/GeSI”) called the Conflict Mineral Report Template version 4.20 (“CMRT”). The CMRT was developed to facilitate general disclosures and information regarding smelters or refiners that provide materials to the supplier. It includes questions regarding the supplier’s conflict minerals policy, the engagement process with its direct suppliers and identification of the smelters or refiners used by the supplier. Non-responsive suppliers were contacted a minimum of three times by the Assent Compliance Manager, and were also contacted by Assent on a one-on-one basis, with two follow-ups.

Communications from Assent also include training and education on completion of the CMRT, as well as access to a resource center for suppliers designed to answer questions. All communications with suppliers were monitored and tracked in Assent’s system for future reporting and transparency.

For calendar year 2016, IMAX’s program continued to include automated data validation on all submitted CMRTs. The goal of automated data validation is to increase the accuracy of submissions and to identify any contradictory answers provided in a CMRT. Based on the automated data validation, each CMRT is classified as valid or invalid, and data records are retained. Suppliers who submit invalid forms are contacted and are encouraged to resubmit a valid form.

 

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After completing the RCOI, IMAX then implemented due diligence measures on the source and chain of custody of such conflict minerals, as further described below.

 

5. Due Diligence

As a result of the RCOI, IMAX has reason to believe that some of the 3TG minerals included in IMAX theater systems may have originated in the Covered Countries. Therefore, IMAX conducted supply chain due diligence on the source and chain of custody of the minerals, in a manner consistent with the framework promulgated by the Organisation for Economic Co-operation and Development (“OECD”) and its Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High Risk Areas, including the related supplements on gold, tin, tantalum and tungsten (“OECD Guidance”), an internationally recognized due diligence framework. IMAX has taken the actions described below to adhere to the OECD Guidance.

 

5.1 Establish Strong Company Management Systems

 

5.1.1 Conflict Minerals Policy

IMAX adopted a Conflict Minerals Policy in 2014 committed to addressing the concern that certain minerals that are contained in IMAX theater systems may contribute to the funding of military conflict and human rights violations in the Covered Countries. Through this policy, IMAX has encouraged its suppliers and sub-suppliers to responsibly source 3TGs. This policy is available publicly on the Company’s website at http://www.imax.com/content/corporate-governance.

 

5.1.2 Internal Team

To ensure conflict mineral compliance, IMAX established an internal management system to support the conflict minerals team, which includes representatives from IMAX’s technology, supply chain management and legal teams. The conflict minerals team is responsible for implementing IMAX’s conflict minerals program. Management, including senior members of the technology and procurement groups, are briefed about issues arising under the Company’s conflict minerals compliance program.

 

5.1.3 Control Systems

Controls adopted include, but are not limited to, IMAX’s Code of Business Conduct and Ethics, which outlines expected behaviors for all IMAX employees, IMAX’s Conflicts Minerals Policy, the IMAX Supplier Compliance Document, and supplier conflict minerals contract clauses as further described below.

A number of parts contained in IMAX’s products are commercial, off-the-shelf (“COTS”) components. Each new purchase order for COTS components requires that the supplier assist the Company in implementing its Conflict Minerals Policy, such as by completing the CMRT. IMAX further compiles a list of all unique COTS items contained in IMAX products, and contacts the manufacturers of each COTS items to request completion of the CMRT.

IMAX also contracts with various suppliers for fabricated assemblies. Based on drawings provided by IMAX, suppliers fabricate a portion of these assemblies from various materials, such as metal for enclosures. These fabricated assemblies are in turn used by IMAX in the assembly of its products. All new purchase agreements for the manufacturing of assemblies incorporated into IMAX products contain clauses that require suppliers to assist IMAX in implementing its Conflict Minerals Policy, such as by completing the CMRT. However, contracts with the Company’s direct suppliers are frequently multi-year term contracts. In the case of existing contracts, the Company generally is unable to unilaterally impose new contract terms prior to expiration of the contract. However, IMAX works individually with key selected suppliers to insure they provide 3TG sourcing information for current contracts. As the Company renews contracts or enters into new ones, it intends to add a clause that requires all applicable suppliers assist IMAX in implementing its Conflict Minerals Policy.

 

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5.1.4 Supplier Engagement

With respect to the OECD requirement to strengthen engagement with suppliers, IMAX has, through Assent, provided education on conflict minerals regulation as well as communicated IMAX’s expectations of the parties’ continued business relationship through video, recorded training and documented instructions. Beginning in 2016, IMAX utilized Assent’s learning management system, Assent University, and provided all of its in-scope suppliers with access to conflict minerals training courses available through such program. Feedback from engagement with suppliers has further allowed IMAX to enhance the supplier training, and to ensure that communications with the Company’s suppliers are focused and adapted appropriately to each supplier.

 

5.1.5 Grievance Mechanism

In the event of an actual or possible violation of the Company’s policies, including the Company’s Conflict Minerals Policy, employees (internal) and suppliers (external) can report violations as part of the Company’s whistleblower protocol for reporting suspected violations of the IMAX Code of Business Conduct and Ethics. The Company’s Code of Business Conduct and Ethics is available at http://www.imax.com/content/corporate-governance.

 

5.1.6 Maintain Records

Assent maintains all relevant documentation for a minimum of five years as per OECD Due Diligence Guidelines.

 

5.2. Identify and assess risk in the supply chain

Because of IMAX’s size, the complexity of its products, and the depth, breadth and constant evolution of its supply chain, it is difficult to identify actors upstream from the Company’s direct suppliers. The majority of IMAX’s direct suppliers who were asked to submit a CMRT and who provided a CMRT identified their components and products as containing 3TGs. These suppliers are relied upon to provide IMAX with information about the source of 3TGs contained in the components and products supplied to us.

Risks are identified based on criteria established for supplier responses in IMAX’s conflict minerals compliance system. Specifically, with assistance from Assent, supplier risk is classified as high, medium or low based on various scoring criteria, including: (1) whether there is known or plausible evidence of unethical or conflict sourcing by the smelter or refiner; (2) an analysis of the smelter or refiner country and its proximity to Covered Countries; and (3) whether the smelter or refiner is certified as conflict-free via the Conflict-Free Sourcing Initiative (“CFSI”).Where a smelter or refiner is claimed to be “conflict-free”, the facility is cross-referenced against the lists maintained by the CFSI. In cases where IMAX identifies supplier risk, IMAX will contact the supplier, gather pertinent data and perform an assessment of the supplier’s conflict minerals status.

If any of IMAX’s direct suppliers report a high-risk smelter on its CMRT, Assent will request that the supplier in question a product-level CMRT. This helps to enable IMAX to determine if there is any connection between IMAX theater systems and the high-risk smelters reported.

The results of IMAX’s smelter and refiner data analysis are described in Section 6 below.

The Company believes that the inquiries and investigations described above represent a reasonable effort to determine the mines or locations of origin of the 3TGs in its Covered Products, including (1) seeking information about 3TG smelters and refiners in the supply chain through requesting that suppliers complete the CMRT, (2) verifying those smelters and refiners with the expanding CFSI lists, (3) conducting the due diligence review, and (4) obtaining additional documentation and verification, as applicable.

 

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5.3 Design and Implement a Strategy to Respond to Risks

As described in IMAX’s Conflict Minerals Policy, IMAX will engage any suppliers whom it has reason to believe is supplying the Company with 3TG from sources that may support conflict in the Covered Countries to establish an alternative source of 3TG that does not support such conflict, as provided in the OECD guidance. At present, the Company has found no instances where it was necessary to terminate a contract or find a replacement supplier.

 

5.4 Carry out Independent Third Party Audit of Supply Chain Due Diligence at Identified Points in the Supply Chain

The Company does not typically have a direct relationship with 3TG smelters and refiners and does not perform or direct audits of these entities within its supply chain.

 

5.5 Report Annually on Supply Chain Due Diligence

The Company reports annually on supply chain due diligence by filing a Form SD and a Conflict Minerals Report with the SEC. The Company’s Form SD and Conflict Minerals Report can be found at http://www.imax.com/content/corporate-governance.

 

6. Due Diligence Results

The large majority of the responses received provided data at a company or divisional level meaning that the 3TG may or may not actually be present in the components or parts actually supplied to IMAX. In many other cases, the suppliers were unable to specify the smelters or refiners used for components supplied to IMAX. Furthermore, suppliers did not always provide smelter or refiner lists nor were the smelter or refiner lists they did supply consistently completed with smelter or refiner identification numbers. In addition, many of the responses provided at the company or division level indicated an “unknown” status in terms of determining the origin of 3TGs. Therefore, IMAX was unable to validate that any of these smelters or refiners are actually in its supply chain.

As of April 28, 2017, IMAX had received 283 CMRT forms from suppliers for an overall response rate of 83%. Of the responses received, 31 suppliers claimed that they source 3TGs from the Covered Countries. There were 12 invalid supplier submissions. Many suppliers are still unable to provide all of the smelters or refiners used for materials supplied to IMAX, and some responses indicated an “unknown” status with respect to the origin of their materials.

As of April 28, 2017, IMAX had validated 317 legitimate smelters or refiners and continues to work to validate the additional smelter and refiner entries from the submitted CMRTs. IMAX has included the current list of valid smelters and refiners disclosed to it by suppliers in Annex 1 to this report.

Based on the smelter and refiner lists provided by suppliers via the CMRTs, which were in turn validated against the CFSI as described above, the Company is aware of (i) 250 conflict-free smelters or refiners; (ii) 13 smelters or refiners that have begun the process to be validated as conflict-free, and which are active in the Conflict Free Smelter Program but have not yet been validated as conflict-free; (iii) and 58 smelters or refiners that are not conflict-free and have not started the process to become conflict-free. Annex 1 also includes an aggregate country list of known smelter or refiner sourcing countries.

 

7. Steps to be taken to mitigate risk

Going forward, IMAX intends to take the following steps to further improve its due diligence and to further mitigate any risk that the necessary 3TGs in IMAX products could benefit armed groups in the DRC or adjoining countries:

 

    Further refine and enhance clauses in new purchase orders and supplier contracts to assist in implementing the Company’s conflict minerals program;

 

    Expand the number of suppliers requested to supply information while working with suppliers to move to the latest version of the CMRT;

 

    Engage any suppliers found to be supplying the Company with 3TG from sources that support conflict in the DRC or any adjoining country to establish an alternative source of 3TG that does not support such conflict; and

 

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    Increase the emphasis on clean and validated smelter or refiner information from the supply chain as the list of conflict-free smelters and refiners grows and more smelters declare their intent to enroll in the program.

All suppliers who do not know the origin of the 3TGs in their products will be further encouraged to examine their supply chain and enact due diligence measures as per the OECD guidance. The goal for these suppliers is to determine origin of their 3TGs and, if not from recycled or scrap resources, then to ensure a conflict-free origin. Should suppliers of parts that are at a high risk of containing 3TGs remain unresponsive or if suppliers are unable to definitively determine origin and to take necessary subsequent steps to ensure that their products are conflict-free, IMAX will consider replacing such suppliers.

 

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Annex 1

 

Metal Name

  

Standard SOR Name

  

SOR Facility Location

Gold    Abington Reldan Metals, LLC    UNITED STATES
Gold    Advanced Chemical Company    UNITED STATES
Gold    Aida Chemical Industries Co., Ltd.    JAPAN
Gold    Al Etihad Gold Refinery DMCC    UNITED ARAB EMIRATES
Gold    Allgemeine Gold-und Silberscheideanstalt A.G.    GERMANY
Gold    Almalyk Mining and Metallurgical Complex (AMMC)    UZBEKISTAN
Gold    AngloGold Ashanti Córrego do Sítio Mineração    BRAZIL
Gold    Argor-Heraeus S.A.    SWITZERLAND
Gold    Asahi Pretec Corp.    JAPAN
Gold    Asahi Refining Canada Ltd.    CANADA
Gold    Asahi Refining USA Inc.    UNITED STATES
Gold    Asaka Riken Co., Ltd.    JAPAN
Gold    Atasay Kuyumculuk Sanayi Ve Ticaret A.S.    TURKEY
Gold    AU Traders and Refiners    SOUTH AFRICA
Gold    AURA-II    UNITED STATES
Gold    Aurubis AG    GERMANY
Gold    Bangalore Refinery    INDIA
Gold    Bangko Sentral ng Pilipinas (Central Bank of the Philippines)    PHILIPPINES
Gold    Boliden AB    SWEDEN
Gold    C. Hafner GmbH + Co. KG    GERMANY
Gold    Caridad    MEXICO
Gold    CCR Refinery - Glencore Canada Corporation    CANADA
Gold    Cendres + Métaux S.A.    SWITZERLAND
Gold    Chimet S.p.A.    ITALY
Gold    Chugai Mining    JAPAN
Gold    Daejin Indus Co., Ltd.    KOREA, REPUBLIC OF
Gold    Daye Non-Ferrous Metals Mining Ltd.    CHINA
Gold    Degussa Sonne / Mond Goldhandel GmbH    GERMANY
Gold    DODUCO GmbH    GERMANY
Gold    Dowa    JAPAN
Gold    DSC (Do Sung Corporation)    KOREA, REPUBLIC OF
Gold    Eco-System Recycling Co., Ltd.    JAPAN

 

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Gold    Elemetal Refining, LLC    UNITED STATES
Gold    Emirates Gold DMCC    UNITED ARAB EMIRATES
Gold    Fidelity Printers and Refiners Ltd.    ZIMBABWE
Gold    Gansu Seemine Material Hi-Tech Co., Ltd.    CHINA
Gold    Geib Refining Corporation    UNITED STATES
Gold    Great Wall Precious Metals Co., Ltd. of CBPM    CHINA
Gold    Guangdong Jinding Gold Limited    CHINA
Gold    Gujarat Gold Centre    INDIA
Gold    Guoda Safina High-Tech Environmental Refinery Co., Ltd.    CHINA
Gold    Hangzhou Fuchunjiang Smelting Co., Ltd.    CHINA
Gold    Heimerle + Meule GmbH    GERMANY
Gold    Heraeus Ltd. Hong Kong    CHINA
Gold    Heraeus Precious Metals GmbH & Co. KG    GERMANY
Gold    Hunan Chenzhou Mining Co., Ltd.    CHINA
Gold    Hwasung CJ Co., Ltd.    KOREA, REPUBLIC OF
Gold    Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.    CHINA
Gold    Ishifuku Metal Industry Co., Ltd.    JAPAN
Gold    Istanbul Gold Refinery    TURKEY
Gold    Japan Mint    JAPAN
Gold    Jiangxi Copper Co., Ltd.    CHINA
Gold    JSC Ekaterinburg Non-Ferrous Metal Processing Plant    RUSSIAN FEDERATION
Gold    JSC Uralelectromed    RUSSIAN FEDERATION
Gold    JX Nippon Mining & Metals Co., Ltd.    JAPAN
Gold    Kaloti Precious Metals    UNITED ARAB EMIRATES
Gold    Kazakhmys Smelting LLC    KAZAKHSTAN
Gold    Kazzinc    KAZAKHSTAN
Gold    Kennecott Utah Copper LLC    UNITED STATES
Gold    KGHM Polska Miedź Spółka Akcyjna    POLAND
Gold    Kojima Chemicals Co., Ltd.    JAPAN
Gold    Korea Zinc Co., Ltd.    KOREA, REPUBLIC OF
Gold    Kyrgyzaltyn JSC    KYRGYZSTAN
Gold    L’azurde Company For Jewelry    SAUDI ARABIA
Gold    Lingbao Gold Co., Ltd.    CHINA
Gold    Lingbao Jinyuan Tonghui Refinery Co., Ltd.    CHINA

 

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Gold    L’Orfebre S.A.    ANDORRA
Gold    LS-NIKKO Copper Inc.    KOREA, REPUBLIC OF
Gold    Luoyang Zijin Yinhui Gold Refinery Co., Ltd.    CHINA
Gold    Materion    UNITED STATES
Gold    Matsuda Sangyo Co., Ltd.    JAPAN
Gold    Metalor Technologies (Hong Kong) Ltd.    CHINA
Gold    Metalor Technologies (Singapore) Pte., Ltd.    SINGAPORE
Gold    Metalor Technologies (Suzhou) Ltd.    CHINA
Gold    Metalor Technologies S.A.    SWITZERLAND
Gold    Metalor USA Refining Corporation    UNITED STATES
Gold    Metalúrgica Met-Mex Peñoles S.A. De C.V.    MEXICO
Gold    Mitsubishi Materials Corporation    JAPAN
Gold    Mitsui Mining and Smelting Co., Ltd.    JAPAN
Gold    MMTC-PAMP India Pvt., Ltd.    INDIA
Gold    Modeltech Sdn Bhd    MALAYSIA
Gold    Morris and Watson    NEW ZEALAND
Gold    Morris and Watson Gold Coast    AUSTRALIA
Gold    Moscow Special Alloys Processing Plant    RUSSIAN FEDERATION
Gold    Nadir Metal Rafineri San. Ve Tic. A.Ş.    TURKEY
Gold    Navoi Mining and Metallurgical Combinat    UZBEKISTAN
Gold    Nihon Material Co., Ltd.    JAPAN
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)    RUSSIAN FEDERATION
Gold    OJSC Novosibirsk Refinery    RUSSIAN FEDERATION
Gold    PAMP S.A.    SWITZERLAND
Gold    Pease & Curren    UNITED STATES
Gold    Penglai Penggang Gold Industry Co., Ltd.    CHINA
Gold    Prioksky Plant of Non-Ferrous Metals    RUSSIAN FEDERATION
Gold    PT Aneka Tambang (Persero) Tbk    INDONESIA
Gold    PX Précinox S.A.    SWITZERLAND
Gold    Rand Refinery (Pty) Ltd.    SOUTH AFRICA
Gold    Remondis Argentia B.V.    NETHERLANDS
Gold    Republic Metals Corporation    UNITED STATES

 

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Gold    Royal Canadian Mint    CANADA
Gold    SAAMP    FRANCE
Gold    Sabin Metal Corp.    UNITED STATES
Gold    SAFINA A.S.    CZECH REPUBLIC
Gold    Sai Refinery    INDIA
Gold    Samduck Precious Metals    KOREA, REPUBLIC OF
Gold    SAMWON Metals Corp.    KOREA, REPUBLIC OF
Gold    SAXONIA Edelmetalle GmbH    GERMANY
Gold    Schone Edelmetaal B.V.    NETHERLANDS
Gold    SEMPSA Joyería Platería S.A.    SPAIN
Gold    Shandong Tiancheng Biological Gold Industrial Co., Ltd.    CHINA
Gold    Shandong Zhaojin Gold & Silver Refinery 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    RUSSIAN FEDERATION
Gold    Solar Applied Materials Technology Corp.    TAIWAN
Gold    Sudan Gold Refinery    SUDAN
Gold    Sumitomo Metal Mining Co., Ltd.    JAPAN
Gold    SungEel HiTech    KOREA, REPUBLIC OF
Gold    T.C.A S.p.A    ITALY
Gold    Tanaka Kikinzoku Kogyo K.K.    JAPAN
Gold    The Refinery of Shandong Gold Mining Co., Ltd.    CHINA
Gold    Tokuriki Honten Co., Ltd.    JAPAN
Gold    Tongling Nonferrous Metals Group Co., Ltd.    CHINA
Gold    Tony Goetz NV    BELGIUM
Gold    TOO Tau-Ken-Altyn    KAZAKHSTAN
Gold    Torecom    KOREA, REPUBLIC OF
Gold    Umicore Brasil Ltda.    BRAZIL
Gold    Umicore Precious Metals Thailand    THAILAND
Gold    Umicore S.A. Business Unit Precious Metals Refining    BELGIUM
Gold    United Precious Metal Refining, Inc.    UNITED STATES

 

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Gold    Universal Precious Metals Refining Zambia    ZAMBIA
Gold    Valcambi S.A.    SWITZERLAND
Gold    Western Australian Mint trading as The Perth Mint    AUSTRALIA
Gold    WIELAND Edelmetalle GmbH    GERMANY
Gold    Yamamoto Precious Metal Co., Ltd.    JAPAN
Gold    Yokohama Metal Co., Ltd.    JAPAN
Gold    Yunnan Copper Industry Co., Ltd.    CHINA
Gold    Zhongyuan Gold Smelter of Zhongjin Gold Corporation    CHINA
Gold    Zijin Mining Group Co., Ltd. Gold Refinery    CHINA
Tantalum    Changsha South Tantalum Niobium Co., Ltd.    CHINA
Tantalum    Conghua Tantalum and Niobium Smeltry    CHINA
Tantalum    D Block Metals, LLC    UNITED STATES
Tantalum    Duoluoshan    CHINA
Tantalum    Exotech Inc.    UNITED STATES
Tantalum    F&X Electro-Materials Ltd.    CHINA
Tantalum    FIR Metals & Resource 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 Specialty Metals, Inc.    UNITED STATES
Tantalum    Jiangxi Dinghai Tantalum & Niobium Co., Ltd.    CHINA
Tantalum    Jiangxi Tuohong New Raw Material    CHINA
Tantalum    JiuJiang JinXin Nonferrous Metals Co., Ltd.    CHINA
Tantalum    Jiujiang Tanbre Co., Ltd.    CHINA
Tantalum    Jiujiang Zhongao Tantalum & Niobium Co., Ltd.    CHINA

 

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Tantalum    KEMET Blue Metals    MEXICO
Tantalum    KEMET Blue Powder    UNITED STATES
Tantalum    King-Tan Tantalum Industry Ltd.    CHINA
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    Power Resources Ltd.    MACEDONIA
Tantalum    QuantumClean    UNITED STATES
Tantalum    Resind Indústria e Comércio Ltda.    BRAZIL
Tantalum    RFH Tantalum Smeltry Co., Ltd.    CHINA
Tantalum    Solikamsk Magnesium Works OAO    RUSSIAN FEDERATION
Tantalum    Taki Chemicals    JAPAN
Tantalum    Telex Metals    UNITED STATES
Tantalum    Tranzact, Inc.    UNITED STATES
Tantalum    Ulba Metallurgical Plant JSC    KAZAKHSTAN
Tantalum    XinXing HaoRong Electronic Material Co., Ltd.    CHINA
Tantalum    Yichun Jin Yang Rare Metal Co., Ltd.    CHINA
Tantalum    Zhuzhou Cemented Carbide Group Co., Ltd.    CHINA
Tin    Alpha    UNITED STATES
Tin    An Thai Minerals Co., Ltd.    VIET NAM
Tin    An Vinh Joint Stock Mineral Processing Company    VIET NAM
Tin    Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.    CHINA
Tin    China Tin Group Co., Ltd.    CHINA
Tin    CNMC (Guangxi) PGMA Co., Ltd.    CHINA
Tin    Cooperativa Metalurgica de Rondônia Ltda.    BRAZIL
Tin    CV Ayi Jaya    INDONESIA
Tin    CV Dua Sekawan    INDONESIA
Tin    CV Gita Pesona    INDONESIA

 

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Tin    CV Serumpun Sebalai    INDONESIA
Tin    CV Tiga Sekawan    INDONESIA
Tin    CV United Smelting    INDONESIA
Tin    CV Venus Inti Perkasa    INDONESIA
Tin    Dowa    JAPAN
Tin    Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company    VIET NAM
Tin    Elmet S.L.U.    SPAIN
Tin    EM Vinto    BOLIVIA
Tin    Estanho de Rondônia S.A.    BRAZIL
Tin    Fenix Metals    POLAND
Tin    Gejiu Fengming Metallurgy Chemical Plant    CHINA
Tin    Gejiu Jinye Mineral Company    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 Zili Mining And Metallurgy Co., Ltd.    CHINA
Tin    Guanyang Guida Nonferrous Metal Smelting Plant    CHINA
Tin    HuiChang Hill Tin Industry Co., Ltd.    CHINA
Tin    Huichang Jinshunda Tin Co., Ltd.    CHINA
Tin    Jiangxi Ketai Advanced Material 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    Metallic Resources, Inc.    UNITED STATES
Tin    Metallo-Chimique N.V.    BELGIUM
Tin    Mineração Taboca S.A.    BRAZIL
Tin    Minsur    PERU
Tin    Mitsubishi Materials Corporation    JAPAN
Tin    Modeltech Sdn Bhd    MALAYSIA
Tin    Nankang Nanshan Tin Manufactory Co., Ltd.    CHINA
Tin    Nghe Tinh Non-Ferrous Metals Joint Stock Company    VIET NAM
Tin    O.M. Manufacturing (Thailand) Co., Ltd.    THAILAND
Tin    O.M. Manufacturing Philippines, Inc.    PHILIPPINES

 

13


Tin    Operaciones Metalurgical S.A.    BOLIVIA
Tin    Phoenix Metal Ltd.    RWANDA
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 Prima Tin    INDONESIA
Tin    PT Bangka Tin Industry    INDONESIA
Tin    PT Belitung Industri Sejahtera    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 Inti Stania Prima    INDONESIA
Tin    PT Justindo    INDONESIA
Tin    PT Karimun Mining    INDONESIA
Tin    PT Kijang Jaya Mandiri    INDONESIA
Tin    PT Lautan Harmonis Sejahtera    INDONESIA
Tin    PT Mitra Stania Prima    INDONESIA
Tin    PT O.M. Indonesia    INDONESIA
Tin    PT Panca Mega Persada    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 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 Tommy Utama    INDONESIA
Tin    PT Wahana Perkit Jaya    INDONESIA
Tin    Resind Indústria e Comércio Ltda.    BRAZIL
Tin    Rui Da Hung    TAIWAN
Tin    Soft Metais Ltda.    BRAZIL

 

14


Tin    Thaisarco    THAILAND
Tin    Tuyen Quang Non-Ferrous Metals Joint Stock Company    VIET NAM
Tin    VQB Mineral and Trading Group JSC    VIET NAM
Tin    White Solder Metalurgia e Mineração Ltda.    BRAZIL
Tin    Yunnan Chengfeng Non-ferrous Metals Co., Ltd.    CHINA
Tin    Yunnan Tin Company Limited    CHINA
Tungsten    A.L.M.T. TUNGSTEN Corp.    JAPAN
Tungsten    ACL Metais Eireli    BRAZIL
Tungsten    Asia Tungsten Products Vietnam Ltd.    VIET NAM
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
Tungsten    Ganzhou Huaxing Tungsten Products Co., Ltd.    CHINA
Tungsten    Ganzhou Jiangwu Ferrotungsten Co., Ltd.    CHINA
Tungsten    Ganzhou Seadragon W & Mo Co., Ltd.    CHINA
Tungsten    Ganzhou Yatai Tungsten Co., Ltd.    CHINA
Tungsten    Global Tungsten & Powders Corp.    UNITED STATES
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 Co., Ltd.    CHINA
Tungsten    Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji    CHINA
Tungsten    Hunan Chunchang Nonferrous Metals Co., Ltd.    CHINA
Tungsten    Hydrometallurg, JSC    RUSSIAN FEDERATION
Tungsten    Japan New Metals Co., Ltd.    JAPAN
Tungsten    Jiangwu H.C. Starck Tungsten Products Co., Ltd.    CHINA
Tungsten    Jiangxi Dayu Longxintai Tungsten Co., Ltd.    CHINA
Tungsten    Jiangxi Gan Bei Tungsten Co., Ltd.    CHINA
Tungsten    Jiangxi Minmetals Gao’an Non-ferrous Metals Co., Ltd.    CHINA
Tungsten    Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.    CHINA

 

15


Tungsten    Jiangxi Xinsheng Tungsten Industry Co., Ltd.    CHINA
Tungsten    Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd.    CHINA
Tungsten    Jiangxi Yaosheng Tungsten Co., Ltd.    CHINA
Tungsten    Kennametal Fallon    UNITED STATES
Tungsten    Kennametal Huntsville    UNITED STATES
Tungsten    Malipo Haiyu Tungsten Co., Ltd.    CHINA
Tungsten    Moliren Ltd    RUSSIAN FEDERATION
Tungsten    Niagara Refining LLC    UNITED STATES
Tungsten    Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC    VIET NAM
Tungsten    Philippine Chuangxin Industrial Co., Inc.    PHILIPPINES
Tungsten    South-East Nonferrous Metal Company Limited of Hengyang City    CHINA
Tungsten    Tejing (Vietnam) Tungsten Co., Ltd.    VIET NAM
Tungsten    Unecha Refractory metals plant    RUSSIAN FEDERATION
Tungsten    Vietnam Youngsun Tungsten Industry Co., Ltd.    VIET NAM
Tungsten    Wolfram Bergbau und Hütten AG    AUSTRIA
Tungsten    Woltech Korea Co., Ltd.    KOREA, REPUBLIC OF
Tungsten    Xiamen Tungsten (H.C.) Co., Ltd.    CHINA
Tungsten    Xiamen Tungsten Co., Ltd.    CHINA
Tungsten    Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.    CHINA
Tungsten    Xinhai Rendan Shaoguan Tungsten Co., Ltd.    CHINA

 

16