EX-1.01 2 d307120dex101.htm EX-1.01 EX-1.01

Exhibit 1.01

IMAX CORPORATION

Conflict Minerals Report

For the Year Ended December 31, 2021

This report for the year ended December 31, 2021 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 such 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 (the “DRC”) or an adjoining country that shares an internationally recognized border with the DRC, including The Republic of the Congo, the Central African Republic, South Sudan, Rwanda, Uganda, Zambia, Burundi, Tanzania and Angola (collectively, the “Covered Countries”) or (B) any other mineral or its derivatives determined by the Secretary of State to be financing conflict in the Covered Countries.

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 2021. 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 could have originated from the Covered Countries.

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.

References herein to the Company’s Investor Relations website are provided for convenience only, and its contents are not incorporated by reference into this Conflict Minerals Report nor deemed filed with the SEC.

 

1.

Company Overview

IMAX is one of the world’s leading entertainment technology companies, specializing in technological innovations powering the presentation of some of today’s most immersive entertainment experiences. The Company leverages its innovative technology and engineering in all aspects of its business, which principally consists of (1) the digital remastering of films and other presentations into the IMAX format by enhancing their image resolution and sound quality for exhibition in the IMAX network; and (2) the sale or lease of premium IMAX theater systems (“IMAX theater systems”) to exhibitor customers. 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 respective supply chains to identify the original sources of the necessary 3TGs.

 

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, to assist with its conflict minerals program. For 2021, IMAX began its RCOI by compiling a list of suppliers, which was extracted from the Company’s vendor list. The list was then filtered to ensure that all suppliers surveyed by the Company provided items that were used in final products in 2021. 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, which contains 552 suppliers, was provided to Assent and uploaded to Assent’s Compliance Manager software system (“Assent Compliance Manager”). Out of these suppliers, 64% submitted complete Conflict Mineral Report Templates (“CMRTs”), 0% submitted incomplete CMRTs, 3% made invalid submissions, and 33% did not make any submissions.

The Assent Compliance Manager is a SaaS platform provided by Assent that enables its users to complete and track supplier communications as well as allow in-scope suppliers to upload completed CMRTs directly to the platform for validation, assessment and management. The Assent Compliance Manager also provides functionality that meets the OECD Guidance (as defined below) process expectations by evaluating the quality of each supplier response and assigning a health score based on the supplier’s declaration of process engagement.

Assent conducted additional analysis of the supply chain to identify suppliers who are potentially out of scope. Based on Assent’s analysis, IMAX reviews and confirms which suppliers can be removed. These suppliers can be 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 Responsible Minerals Initiative (“RMI”) called the 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. Suppliers were contacted a minimum of three times by the Assent Compliance Manager. Non-responsive suppliers were also contacted by Assent on a one-on-one basis, with two follow-ups. Communications from Assent also included 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 2021, 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. All submitted forms are accepted so that data is retained and classified as valid or invalid. Suppliers who submit invalid forms are contacted and are encouraged to resubmit a valid form. Suppliers are also provided with guidance on how to correct these validation errors in the form of feedback to their CMRT submission, training courses and direct engagement help.

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. The OECD Guidance identifies five steps for due diligence that should be implemented and provides guidance on how to achieve each step. IMAX developed a due diligence process to address each of these five steps, namely:

 

  1.

Establishing strong company management systems regarding conflict minerals;

 

  2.

Identifying and assessing risks in our supply chain;

 

  3.

Designing and implementing a strategy to respond to identified risks in our supply chain;

 

  4.

Utilizing independent third-party audits of supply chain diligence; and

 

  5.

Publicly reporting on our supply chain due diligence

 

5.1

Establish Strong Company Management Systems

 

5.1.1

Conflict Minerals Policy

IMAX first 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. The policy is reviewed and updated on a periodic basis and was revised in September 2019. Through this policy, IMAX has encouraged its suppliers and sub-suppliers to responsibly source 3TGs. This policy is available publicly on the Governance page of the Company’s Investor Relations website at http://www.imax.com/content/investor-relations.

 

5.1.2

Internal Team and Third-Party Service Provider

To ensure compliance with the Conflict Minerals Policy, 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.

The Company also used Assent, a third-party service provider, to assist with evaluating supply chain information regarding 3TGs and identifying potential risks, as well as to assist in the development and implementation of additional due diligence steps for the Company to undertake with suppliers regarding conflict minerals.

 

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. All metal fabrication drawings generated by IMAX specifically state the materials used are to be conflict-free. 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 ensure 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 to assist IMAX in implementing its Conflict Minerals Policy.


5.1.4

Supplier Engagement

With respect to the OECD Guidance 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. IMAX utilizes Assent’s learning management system, Assent University, and provides 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. The Company has also leveraged processes and educational opportunities available through Assent in order to ensure non-English speaking suppliers have access to a free platform to upload their CMRTs, help desk support and other multilingual resources.

 

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 provides the method by which such reports can be made and is available on the Governance page of the Company’s Investor Relations website at http://www.imax.com/content/investor-relations.

 

5.1.6

Maintain Records

Assent has implemented a document retention policy and maintains all relevant documentation in a database that can be audited by internal or external parties for a minimum of five years, as per the OECD Guidance.

 

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.

IMAX does not have a direct relationship with smelters and refiners and does not perform direct audits of the pre-supply chain of these entities. 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; (3) the smelter or refiner’s audit status with the RMI’s Responsible Minerals Assurance Process (“RMAP”); (4) known mineral source country of origin; and (5) whether peer assessments were conducted by credible third-party sources. Where a smelter or refiner is claimed to be “conflict-free”, the facility is cross-referenced against the lists maintained by the RMI. 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 provide a product-level and/or user-defined 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 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 RMI lists, (3) conducting the due diligence review, and (4) obtaining additional documentation and verification, as applicable.

 

5.3

Design and Implement a Strategy to Respond to Risks

As described in IMAX’s Conflict Minerals Policy, IMAX will engage with any suppliers whom it has reason to believe may be supplying the Company with 3TGs from sources that may support conflict in the Covered Countries to establish an alternative source of 3TGs that do not support such conflict, as provided in the OECD Guidance.

Feedback on supplier submissions is given directly to suppliers and educational resources are provided to assist suppliers in corrective action methods or to improve their internal programs. Assent also communicates directly with smelters that have not


yet been determined to be conformant with the RMAP in order to request sourcing information and encourage their involvement with the RMI program. 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.

Instead, the Company relies on third-party audits of smelters and refiners conducted as part of the RMAP, which uses independent private sector auditors to audit the source, including the mines of origin, and the chain of custody of the conflict minerals used by smelters and refiners that agree to participate in the program.

Assent also directly contacts smelters and refiners that are not currently enrolled in the RMAP to encourage their participation and gather information regarding each facility’s sourcing practices on behalf of its compliance partners.

 

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 on the Governance page of the Company’s Investor Relations website (http://www.imax.com/content/investor-relations).

IMAX has also considered impacts from the European Union Conflict Minerals Rule when disclosing details regarding due diligence efforts. IMAX will continue to expand efforts both for transparency through the data collection process and risk evaluation, as well as the disclosure of efforts through the public reporting.

 

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 May 20, 2022, IMAX had received 399 CMRTs from suppliers for an overall response rate of 64%. Of the responses received, 104 suppliers claimed that they source 3TGs from the Covered Countries. There were 16 invalid supplier submissions. Many suppliers were 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 May 20, 2022, IMAX had validated 333 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 RMI as described above, the Company is aware of (i) 230 conflict-free smelters or refiners and (ii) 18 smelters or refiners that have begun the process to be validated as conflict-free, and which are active in the RMAP but have not yet been validated as conflict-free. Annex 2 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 Covered Countries:

 

   

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


   

Pursue strategies to increase the number of suppliers providing 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 Covered Countries and encourage them to establish an alternative source of 3TG that does not support such conflict; and

 

   

Continue to emphasize 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.

 

   

Encourage suppliers to have due diligence procedures in place for their supply chains to improve the content of the responses from such suppliers.

 

   

Following the OECD Guidance process, increase the emphasis on clean and validated smelter and refiner information from the supply chain through feedback and detailed smelter analysis.

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.

Smelter & Refiner Risk Evaluation

Understanding the risks associated with the smelters and refiners potentially providing material into IMAX’s supply chain is an important part of the due diligence process. Through Assent, IMAX conducts a comprehensive and ongoing analysis through Assent’s smelter library manager to assess sourcing risk. This information is used to:

 

   

Provide supplier feedback;

 

   

Determine the health of the Company’s overall program;

 

   

Conduct outreach to smelters, refiners and their respective associations; and

 

   

Provide detailed analysis in this report.

The following risk categories are used for smelter evaluation and risk determination:

Geo-Risk:

 

   

Did the mineral originate from or has it been transported through a conflict-affected area as defined by Section 1502 of the Dodd-Frank Act (the DRC and its nine adjoining countries: Angola, Burundi, Central African Republic, Republic of the Congo, Rwanda, South Sudan, Tanzania, Uganda, and Zambia)?

Audit Status:

 

   

Have the refiner’s due diligence practices been audited against a standard in conformance with the OECD Guidance?

 

   

Assent relies on the RMI audit standard, including cross-recognition of the London Bullion Market Association Good Delivery Program and the Responsible Jewelry Council Chain of Custody Certification, which are developed according to global standards, including the OECD Guidance.

Sourcing Risk:

 

   

Has evidence of any other red flag that is supported by credible sources been identified?


Annex 1

 

Metal

 

Smelter Name

 

Smelter Facility Location

 

Smelter ID

Tungsten

  A.L.M.T. Corp.   Japan       CID000004    

Gold

  Advanced Chemical Company   United States of America   CID000015

Gold

  Aida Chemical Industries Co., Ltd.   Japan   CID000019

Gold

  Allgemeine Gold-und Silberscheideanstalt A.G.   Germany   CID000035

Gold

  Almalyk Mining and Metallurgical Complex (AMMC)   Uzbekistan   CID000041

Gold

  AngloGold Ashanti Corrego do Sitio Mineracao   Brazil   CID000058

Gold

  Argor-Heraeus S.A.   Switzerland   CID000077

Gold

  Asahi Pretec Corp.   Japan   CID000082

Gold

  Asaka Riken Co., Ltd.   Japan   CID000090

Gold

  Atasay Kuyumculuk Sanayi Ve Ticaret A.S.   Turkey   CID000103

Tungsten

  Kennametal Huntsville   United States of America   CID000105

Gold

  Aurubis AG   Germany   CID000113

Gold

  Bangko Sentral ng Pilipinas (Central Bank of the Philippines)   Philippines   CID000128

Gold

  Boliden AB   Sweden   CID000157

Gold

  C. Hafner GmbH + Co. KG   Germany   CID000176

Gold

  Caridad   Mexico   CID000180

Gold

  CCR Refinery—Glencore Canada Corporation   Canada   CID000185

Gold

  Cendres + Metaux S.A.   Switzerland   CID000189

Gold

  Yunnan Copper Industry Co., Ltd.   China   CID000197

Tantalum

  Changsha South Tantalum Niobium Co., Ltd.   China   CID000211


Tungsten

  Guangdong Xianglu Tungsten Co., Ltd.   China   CID000218

Tin

  Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.   China   CID000228

Gold

  Chimet S.p.A.   Italy   CID000233

Tungsten

  Chongyi Zhangyuan Tungsten Co., Ltd.   China   CID000258

Gold

  Chugai Mining   Japan   CID000264

Tungsten

  CNMC (Guangxi) PGMA Co., Ltd.   China   CID000281

Tin

  Alpha   United States of America   CID000292

Tin

  PT Aries Kencana Sejahtera   Indonesia   CID000309

Gold

  Daye Non-Ferrous Metals Mining Ltd.   China   CID000343

Gold

  DSC (Do Sung Corporation)   Korea, Republic of   CID000359

Gold

  Dowa   Japan   CID000401

Tin

  Dowa   Japan   CID000402

Gold

  Eco-System Recycling Co., Ltd. East Plant   Japan   CID000425

Tin

  EM Vinto   Bolivia (Plurinational State of)   CID000438

Tin

  Estanho de Rondonia S.A.   Brazil   CID000448

Tantalum

  F&X Electro-Materials Ltd.   China   CID000460

Tin

  Fenix Metals   Poland   CID000468

Gold

  OJSC Novosibirsk Refinery   Russian Federation   CID000493

Gold

  Refinery of Seemine Gold Co., Ltd.   China   CID000522

Tin

  Gejiu Non-Ferrous Metal Processing Co., Ltd.   China   CID000538

Tin

  Gejiu Zili Mining And Metallurgy Co., Ltd.   China   CID000555

Tungsten

  Global Tungsten & Powders Corp.   United States of America   CID000568

Tantalum

  Guangdong Zhiyuan New Material Co., Ltd.   China   CID000616


Gold

  Guoda Safina High-Tech Environmental Refinery Co., Ltd.   China   CID000651

Gold

  Hangzhou Fuchunjiang Smelting Co., Ltd.   China   CID000671

Gold

  LT Metal Ltd.   Korea, Republic of   CID000689

Gold

  Heimerle + Meule GmbH   Germany   CID000694

Gold

  Heraeus Metals Hong Kong Ltd.   China   CID000707

Gold

  Heraeus Precious Metals GmbH & Co. KG   Germany   CID000711

Tungsten

  Hunan Chenzhou Mining Co., Ltd.   China   CID000766

Gold

  Hunan Chenzhou Mining Co., Ltd.   China   CID000767

Tungsten

  Hunan Chunchang Nonferrous Metals Co., Ltd.   China   CID000769

Gold

  Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd.   China   CID000773

Gold

  HwaSeong CJ CO., LTD.   Korea, Republic of   CID000778

Gold

  Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.   China   CID000801

Gold

  Ishifuku Metal Industry Co., Ltd.   Japan   CID000807

Gold

  Istanbul Gold Refinery   Turkey   CID000814

Gold

  Japan Mint   Japan   CID000823

Tungsten

  Japan New Metals Co., Ltd.   Japan   CID000825

Gold

  Jiangxi Copper Co., Ltd.   China   CID000855

Tungsten

  Ganzhou Huaxing Tungsten Products Co., Ltd.   China   CID000875

Tantalum

  JiuJiang JinXin Nonferrous Metals Co., Ltd.   China   CID000914

Tantalum

  Jiujiang Tanbre Co., Ltd.   China   CID000917

Gold

  Asahi Refining USA Inc.   United States of America   CID000920

Gold

  Asahi Refining Canada Ltd.   Canada   CID000924

Gold

  JSC Ekaterinburg Non-Ferrous Metal Processing Plant   Russian Federation   CID000927

Gold

  JSC Uralelectromed   Russian Federation   CID000929


Gold

  JX Nippon Mining & Metals Co., Ltd.   Japan   CID000937

Tin

  Gejiu Kai Meng Industry and Trade LLC   China   CID000942

Gold

  Kazakhmys Smelting LLC   Kazakhstan   CID000956

Gold

  Kazzinc   Kazakhstan   CID000957

Tungsten

  Kennametal Fallon   United States of America   CID000966

Gold

  Kennecott Utah Copper LLC   United States of America   CID000969

Gold

  Kojima Chemicals Co., Ltd.   Japan   CID000981

Gold

  Kyrgyzaltyn JSC   Kyrgyzstan   CID001029

Gold

  L’azurde Company For Jewelry   Saudi Arabia   CID001032

Gold

  Lingbao Gold Co., Ltd.   China   CID001056

Gold

  Lingbao Jinyuan Tonghui Refinery Co., Ltd.   China   CID001058

Tin

  China Tin Group Co., Ltd.   China   CID001070

Tantalum

  LSM Brasil S.A.   Brazil   CID001076

Gold

  LS-NIKKO Copper Inc.   Korea, Republic of   CID001078

Gold

  Luoyang Zijin Yinhui Gold Refinery Co., Ltd.   China   CID001093

Tin

  Malaysia Smelting Corporation (MSC)   Malaysia   CID001105

Gold

  Materion   United States of America   CID001113

Gold

  Matsuda Sangyo Co., Ltd.   Japan   CID001119

Tin

  Metallic Resources, Inc.   United States of America   CID001142

Gold

  Metalor Technologies (Suzhou) Ltd.   China   CID001147

Gold

  Metalor Technologies (Hong Kong) Ltd.   China   CID001149

Gold

  Metalor Technologies (Singapore) Pte., Ltd.   Singapore   CID001152

Gold

  Metalor Technologies S.A.   Switzerland   CID001153

Gold

  Metalor USA Refining Corporation   United States of America   CID001157


Gold

  Metalurgica Met-Mex Penoles S.A. De C.V.   Mexico   CID001161

Tantalum

  Metallurgical Products India Pvt., Ltd.   India   CID001163

Tin

  Mineracao Taboca S.A.   Brazil   CID001173

Tantalum

  Mineracao Taboca S.A.   Brazil   CID001175

Tin

  Minsur   Peru   CID001182

Gold

  Mitsubishi Materials Corporation   Japan   CID001188

Tin

  Mitsubishi Materials Corporation   Japan   CID001191

Tantalum

  Mitsui Mining and Smelting Co., Ltd.   Japan   CID001192

Gold

  Mitsui Mining and Smelting Co., Ltd.   Japan   CID001193

Tantalum

  NPM Silmet AS   Estonia   CID001200

Gold

  Moscow Special Alloys Processing Plant   Russian Federation   CID001204

Gold

  Nadir Metal Rafineri San. Ve Tic. A.S.   Turkey   CID001220

Tin

  Jiangxi New Nanshan Technology Ltd.   China   CID001231

Gold

  Navoi Mining and Metallurgical Combinat   Uzbekistan   CID001236

Gold

  Nihon Material Co., Ltd.   Japan   CID001259

Tantalum

  Ningxia Orient Tantalum Industry Co., Ltd.   China   CID001277

Tin

  Novosibirsk Processing Plant Ltd.   Russian Federation   CID001305

Tin

  O.M. Manufacturing (Thailand) Co., Ltd.   Thailand   CID001314

Gold

  Ohura Precious Metal Industry Co., Ltd.   Japan   CID001325

Gold

  OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet)   Russian Federation   CID001326

Tin

  Operaciones Metalurgicas S.A.   Bolivia (Plurinational State of)   CID001337

Gold

  PAMP S.A.   Switzerland   CID001352

Gold

  Penglai Penggang Gold Industry Co., Ltd.   China   CID001362


Gold

  Prioksky Plant of Non-Ferrous Metals   Russian Federation   CID001386

Gold

  PT Aneka Tambang (Persero) Tbk   Indonesia   CID001397

Tin

  PT Artha Cipta Langgeng   Indonesia   CID001399

Tin

  PT Babel Inti Perkasa   Indonesia   CID001402

Tin

  PT Babel Surya Alam Lestari   Indonesia   CID001406

Tin

  PT Belitung Industri Sejahtera   Indonesia   CID001421

Tin

  PT Bukit Timah   Indonesia   CID001428

Tin

  PT Mitra Stania Prima   Indonesia   CID001453

Tin

  PT Panca Mega Persada   Indonesia   CID001457

Tin

  PT Prima Timah Utama   Indonesia   CID001458

Tin

  PT Refined Bangka Tin   Indonesia   CID001460

Tin

  PT Sariwiguna Binasentosa   Indonesia   CID001463

Tin

  PT Stanindo Inti Perkasa   Indonesia   CID001468

Tin

  PT Timah Tbk Kundur   Indonesia   CID001477

Tin

  PT Timah Tbk Mentok   Indonesia   CID001482

Tin

  PT Timah Nusantara   Indonesia   CID001486

Tin

  PT Tinindo Inter Nusa   Indonesia   CID001490

Tin

  PT Tommy Utama   Indonesia   CID001493

Gold

  PX Precinox S.A.   Switzerland   CID001498

Tantalum

  QuantumClean   United States of America   CID001508

Gold

  Rand Refinery (Pty) Ltd.   South Africa   CID001512

Tantalum

  Yanling Jincheng Tantalum & Niobium Co., Ltd.   China   CID001522

Gold

  Royal Canadian Mint   Canada   CID001534

Tin

  Rui Da Hung   Taiwan   CID001539


Gold

  Sabin Metal Corp.   United States of America       CID001546    

Gold

  Samduck Precious Metals   Korea, Republic of   CID001555

Gold

  Samwon Metals Corp.   Korea, Republic of   CID001562

Gold

  SEMPSA Joyeria Plateria S.A.   Spain   CID001585

Gold

  Shandong Tiancheng Biological Gold Industrial Co., Ltd.   China   CID001619

Gold

  Shandong Zhaojin Gold & Silver Refinery Co., Ltd.   China   CID001622

Gold

  Sichuan Tianze Precious Metals Co., Ltd.   China   CID001736

Gold

  SOE Shyolkovsky Factory of Secondary Precious Metals   Russian Federation   CID001756

Tin

  Soft Metais Ltda.   Brazil   CID001758

Gold

  Solar Applied Materials Technology Corp.   Taiwan   CID001761

Tantalum

  Solikamsk Magnesium Works OAO   Russian Federation   CID001769

Gold

  Sumitomo Metal Mining Co., Ltd.   Japan   CID001798

Gold

  Super Dragon Technology Co., Ltd.   China   CID001810

Tantalum

  Taki Chemical Co., Ltd.   Japan   CID001869

Gold

  Tanaka Kikinzoku Kogyo K.K.   Japan   CID001875

Tantalum

  Telex Metals   United States of America   CID001891

Tin

  Thaisarco   Thailand   CID001898

Tin

  Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.   China   CID001908

Gold

  Great Wall Precious Metals Co., Ltd. of CBPM   China   CID001909

Gold

  The Refinery of Shandong Gold Mining Co., Ltd.   China   CID001916

Gold

  Tokuriki Honten Co., Ltd.   Japan   CID001938

Gold

  Tongling Nonferrous Metals Group Co., Ltd.   China   CID001947

Gold

  Torecom   Korea, Republic of   CID001955

Tantalum

  Ulba Metallurgical Plant JSC   Kazakhstan   CID001969


Gold

  Umicore S.A. Business Unit Precious Metals Refining   Belgium   CID001980

Gold

  United Precious Metal Refining, Inc.   United States of America   CID001993

Gold

  Valcambi S.A.   Switzerland   CID002003

Tin

  VQB Mineral and Trading Group JSC   Viet Nam   CID002015

Gold

  Western Australian Mint (T/a The Perth Mint)   Australia   CID002030

Tin

  White Solder Metalurgia e Mineracao Ltda.   Brazil   CID002036

Tungsten

  Wolfram Bergbau und Hutten AG   Austria   CID002044

Tungsten

  Xiamen Tungsten Co., Ltd.   China   CID002082

Gold

  Yamakin Co., Ltd.   Japan   CID002100

Gold

  Yokohama Metal Co., Ltd.   Japan   CID002129

Tin

  Yunnan Chengfeng Non-ferrous Metals Co., Ltd.   China   CID002158

Tin

  Yunnan Tin Company Limited   China   CID002180

Gold

  Zhongyuan Gold Smelter of Zhongjin Gold Corporation   China   CID002224

Gold

  Gold Refinery of Zijin Mining Group Co., Ltd.   China   CID002243

Gold

  Morris and Watson   New Zealand   CID002282

Gold

  SAFINA A.S.   Czechia   CID002290

Gold

  Guangdong Jinding Gold Limited   China   CID002312

Tungsten

  Jiangxi Minmetals Gao’an Non-ferrous Metals Co., Ltd.   China   CID002313

Gold

  Umicore Precious Metals Thailand   Thailand   CID002314

Tungsten

  Ganzhou Jiangwu Ferrotungsten Co., Ltd.   China   CID002315

Tungsten

  Jiangxi Yaosheng Tungsten Co., Ltd.   China   CID002316

Tungsten

  Jiangxi Xinsheng Tungsten Industry Co., Ltd.   China   CID002317

Tungsten

  Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.   China   CID002318

Tungsten

  Malipo Haiyu Tungsten Co., Ltd.   China   CID002319


Tungsten

  Xiamen Tungsten (H.C.) Co., Ltd.   China   CID002320

Tungsten

  Jiangxi Gan Bei Tungsten Co., Ltd.   China   CID002321

Tin

  CV Venus Inti Perkasa   Indonesia   CID002455

Gold

  Geib Refining Corporation   United States of America   CID002459

Tin

  Magnu’s Minerais Metais e Ligas Ltda.   Brazil   CID002468

Tin

  PT Tirus Putra Mandiri   Indonesia   CID002478

Tantalum

  Hengyang King Xing Lifeng New Materials Co., Ltd.   China   CID002492

Tungsten

  Ganzhou Seadragon W & Mo Co., Ltd.   China   CID002494

Tin

  Melt Metais e Ligas S.A.   Brazil   CID002500

Tungsten

  Asia Tungsten Products Vietnam Ltd.   Viet Nam   CID002502

Tin

  PT ATD Makmur Mandiri Jaya   Indonesia   CID002503

Tantalum

  D Block Metals, LLC   United States of America   CID002504

Tantalum

  FIR Metals & Resource Ltd.   China   CID002505

Tantalum

  Jiujiang Zhongao Tantalum & Niobium Co., Ltd.   China   CID002506

Tantalum

  XinXing HaoRong Electronic Material Co., Ltd.   China   CID002508

Gold

  MMTC-PAMP India Pvt., Ltd.   India   CID002509

Gold

  KGHM Polska Miedz Spolka Akcyjna   Poland   CID002511

Tantalum

  Jiangxi Dinghai Tantalum & Niobium Co., Ltd.   China   CID002512

Tungsten

  Chenzhou Diamond Tungsten Products Co., Ltd.   China   CID002513

Gold

  Fidelity Printers and Refiners Ltd.   Zimbabwe   CID002515

Gold

  Singway Technology Co., Ltd.   Taiwan   CID002516

Tin

  O.M. Manufacturing Philippines, Inc.   Philippines   CID002517

Gold

  Shandong Humon Smelting Co., Ltd.   China   CID002525

Gold

  Shenzhen Zhonghenglong Real Industry Co., Ltd.   China   CID002527


Tantalum

  KEMET Blue Metals   Mexico   CID002539

Tungsten

  H.C. Starck Tungsten GmbH   Germany   CID002541

Tungsten

  H.C. Starck Smelting GmbH & Co. KG   Germany   CID002542

Tungsten

  Masan Tungsten Chemical LLC (MTC)   Viet Nam   CID002543

Tantalum

  H.C. Starck Co., Ltd.   Thailand   CID002544

Tantalum

  H.C. Starck Tantalum and Niobium GmbH   Germany   CID002545

Tantalum

  H.C. Starck Hermsdorf GmbH   Germany   CID002547

Tantalum

  H.C. Starck Inc.   United States of America   CID002548

Tantalum

  H.C. Starck Ltd.   Japan   CID002549

Tantalum

  H.C. Starck Smelting GmbH & Co. KG   Germany   CID002550

Tungsten

  Jiangwu H.C. Starck Tungsten Products Co., Ltd.   China   CID002551

Tantalum

  Global Advanced Metals Boyertown   United States of America   CID002557

Tantalum

  Global Advanced Metals Aizu   Japan   CID002558

Gold

  Al Etihad Gold Refinery DMCC   United Arab Emirates   CID002560

Gold

  Emirates Gold DMCC   United Arab Emirates   CID002561

Gold

  International Precious Metal Refiners   United Arab Emirates   CID002562

Gold

  Kaloti Precious Metals   United Arab Emirates   CID002563

Gold

  Sudan Gold Refinery   Sudan   CID002567

Tin

  Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company   Viet Nam   CID002572

Tin

  Nghe Tinh Non-Ferrous Metals Joint Stock Company   Viet Nam   CID002573

Tin

  Tuyen Quang Non-Ferrous Metals Joint Stock Company   Viet Nam   CID002574

Gold

  T.C.A S.p.A   Italy   CID002580

Gold

  REMONDIS PMR B.V.   Netherlands   CID002582

Gold

  Fujairah Gold FZC   United Arab Emirates   CID002584


Gold

  Industrial Refining Company   Belgium   CID002587

Gold

  Shirpur Gold Refinery Ltd.   India   CID002588

Tungsten

  Niagara Refining LLC   United States of America   CID002589

Gold

  Korea Zinc Co., Ltd.   Korea, Republic of   CID002605

Gold

  Marsam Metals   Brazil   CID002606

Gold

  TOO Tau-Ken-Altyn   Kazakhstan   CID002615

Tungsten

  China Molybdenum Co., Ltd.   China   CID002641

Tungsten

  Ganzhou Haichuang Tungsten Co., Ltd.   China   CID002645

Tungsten

  Hydrometallurg, JSC   Russian Federation   CID002649

Tin

  PT Cipta Persada Mulia   Indonesia   CID002696

Tin

  An Vinh Joint Stock Mineral Processing Company   Viet Nam   CID002703

Tin

  Resind Industria e Comercio Ltda.   Brazil   CID002706

Tantalum

  Resind Industria e Comercio Ltda.   Brazil   CID002707

Gold

  Abington Reldan Metals, LLC   United States of America   CID002708

Tungsten

  Unecha Refractory metals plant   Russian Federation   CID002724

Tin

  Super Ligas   Brazil   CID002756

Gold

  SAAMP   France   CID002761

Gold

  L’Orfebre S.A.   Andorra   CID002762

Gold

  8853 S.p.A.   Italy   CID002763

Gold

  Italpreziosi   Italy   CID002765

Tin

  Metallo Belgium N.V.   Belgium   CID002773

Tin

  Metallo Spain S.L.U.   Spain   CID002774

Gold

  WIELAND Edelmetalle GmbH   Germany   CID002778

Gold

  Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH   Austria   CID002779


Tin

  PT Sukses Inti Makmur   Indonesia   CID002816

Tungsten

  Philippine Chuangxin Industrial Co., Inc.   Philippines   CID002827

Tungsten

  Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.   China   CID002830

Tungsten

  ACL Metais Eireli   Brazil   CID002833

Tin

  PT Menara Cipta Mulia   Indonesia   CID002835

Tantalum

  Jiangxi Tuohong New Raw Material   China   CID002842

Tungsten

  Moliren Ltd.   Russian Federation   CID002845

Gold

  AU Traders and Refiners   South Africa   CID002850

Gold

  GCC Gujrat Gold Centre Pvt. Ltd.   India   CID002852

Gold

  Sai Refinery   India   CID002853

Gold

  Modeltech Sdn Bhd   Malaysia   CID002857

Tin

  Modeltech Sdn Bhd   Malaysia   CID002858

Gold

  Bangalore Refinery   India   CID002863

Gold

  Kyshtym Copper-Electrolytic Plant ZAO   Russian Federation   CID002865

Gold

  Degussa Sonne / Mond Goldhandel GmbH   Germany   CID002867

Gold

  Pease & Curren   United States of America   CID002872

Gold

  JALAN & Company   India   CID002893

Gold

  SungEel HiMetal Co., Ltd.   Korea, Republic of   CID002918

Gold

  Planta Recuperadora de Metales SpA   Chile   CID002919

Gold

  Safimet S.p.A   Italy   CID002973

Tin

  Guangdong Hanhe Non-Ferrous Metal Co., Ltd.   China   CID003116

Gold

  State Research Institute Center for Physical Sciences and Technology   Lithuania   CID003153

Gold

  African Gold Refinery   Uganda   CID003185

Gold

  Gold Coast Refinery   Ghana   CID003186


Gold

  NH Recytech Company   Korea, Republic of   CID003189

Tin

  Chifeng Dajingzi Tin Industry Co., Ltd.   China   CID003190

Tin

  PT Bangka Serumpun   Indonesia   CID003205

Tin

  Pongpipat Company Limited   Myanmar   CID003208

Gold

  QG Refining, LLC   United States of America   CID003324

Tin

  Tin Technology & Refining   United States of America   CID003325

Gold

  Dijllah Gold Refinery FZC   United Arab Emirates   CID003348

Tin

  Dongguan CiEXPO Environmental Engineering Co., Ltd.   China   CID003356

Tin

  Ma’anshan Weitai Tin Co., Ltd.   China   CID003379

Tin

  PT Rajawali Rimba Perkasa   Indonesia   CID003381

Gold

  CGR Metalloys Pvt Ltd.   India   CID003382

Gold

  Sovereign Metals   India   CID003383

Tin

  Luna Smelter, Ltd.   Rwanda   CID003387

Tungsten

  KGETS Co., Ltd.   Korea, Republic of   CID003388

Tin

  Yunnan Yunfan Non-ferrous Metals Co., Ltd.   China   CID003397

Tungsten

  Fujian Ganmin RareMetal Co., Ltd.   China   CID003401

Tungsten

  Lianyou Metals Co., Ltd.   Taiwan   CID003407

Tungsten

  JSC “Kirovgrad Hard Alloys Plant”   Russian Federation   CID003408

Tin

  Precious Minerals and Smelting Limited   India   CID003409

Tin

  Gejiu City Fuxiang Industry and Trade Co., Ltd.   China   CID003410

Tungsten

  NPP Tyazhmetprom LLC   Russian Federation   CID003416

Tungsten

  GEM Co., Ltd.   China   CID003417

Gold

  C.I Metales Procesados Industriales SAS   Colombia   CID003421

Gold

  Eco-System Recycling Co., Ltd. North Plant   Japan   CID003424


Gold

  Eco-System Recycling Co., Ltd. West Plant   Japan   CID003425

Tungsten

  Albasteel Industria e Comercio de Ligas Para Fundicao Ltd.   Brazil   CID003427

Tin

  PT Mitra Sukses Globalindo   Indonesia   CID003449

Gold

  Augmont Enterprises Private Limited   India   CID003461

Gold

  Kundan Care Products Ltd.   India   CID003463

Tungsten

  Cronimet Brasil Ltda   Brazil   CID003468

Tin

  CRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil Ltda   Brazil   CID003486

Gold

  Emerald Jewel Industry India Limited (Unit 1)   India   CID003487

Gold

  Emerald Jewel Industry India Limited (Unit 2)   India   CID003488

Gold

  Emerald Jewel Industry India Limited (Unit 3)   India   CID003489

Gold

  Emerald Jewel Industry India Limited (Unit 4)   India   CID003490

Gold

  K.A. Rasmussen   Norway   CID003497

Gold

  Alexy Metals   United States of America   CID003500

Tin

  CRM Synergies   Spain   CID003524

Gold

  Sancus ZFS (L’Orfebre, SA)   Colombia   CID003529

Gold

  Sellem Industries Ltd.   Mauritania   CID003540

Gold

  MD Overseas   India   CID003548

Tungsten

  Artek LLC   Russian Federation   CID003553

Gold

  Metallix Refining Inc.   United States of America   CID003557

Gold

  Metal Concentrators SA (Pty) Ltd.   South Africa   CID003575

Tin

  Fabrica Auricchio Industria e Comercio Ltda.   Brazil   CID003582

Tantalum

  Yancheng Jinye New Material Technology Co., Ltd.   China   CID003583

Tungsten

  Fujian Xinlu Tungsten   China   CID003609

Tungsten

  OOO “Technolom” 2   Russian Federation   CID003612


Tungsten

  OOO “Technolom” 1   Russian Federation   CID003614

Gold

  WEEEREFINING   France   CID003615

Gold

  Value Trading   Belgium   CID003617


Annex 2

This list of potential countries of origin is populated based on publicly available information, our RCOI and due diligence. It is important to note that this list is also based on the responses collected at a company level and not a products level. Therefore, the countries of origin can only be linked to the companies that supply our products and cannot be traced to our products specifically.

Country List

 

Afghanistan   France   Panama
Åland Islands   Germany   Papua New Guinea
Albania   Ghana   Peru
American Samoa   Guinea   Philippines
Andorra   Guyana   Poland
Angola   Hong Kong   Portugal
Argentina   Hungary   Russian Federation
Armenia   India   Rwanda
Australia   Indonesia   Saudi Arabia
Austria   Ireland   Sierra Leone
Belarus   Israel   Singapore
Belgium   Italy   Slovakia
Bermuda   Japan   Slovenia
Bolivia (Plurinational State of)   Kazakhstan   South Africa
Brazil   Kenya   South Sudan
Bulgaria   Korea   Spain
Burundi   Kyrgyzstan   Sudan
Cambodia   Liberia   Suriname
Canada   Lithuania   Sweden
Central African Republic   Luxembourg   Switzerland
Chile   Madagascar   Taiwan
China   Malaysia   Tajikistan
Colombia   Mali   Tanzania
Congo   Mauritania   Thailand
Democratic Republic of Congo   Mexico   Turkey
Djibouti   Mongolia   Uganda
Dominica   Morocco   United Arab Emirates
Dominican Republic   Mozambique   United Kingdom
Ecuador   Myanmar   United States
Egypt   Namibia   Uzbekistan
Eritrea   Netherlands   Viet Nam
Estonia   New Zealand   Zambia
Ethiopia   Niger   Zimbabwe
Finland   Nigeria