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   Expert Knowledge about Conflict Minerals and Cobalt Reporting
   
   
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   The latest Conflict Minerals and Cobalt Reporting Templates
   
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iPoint Conflict Minerals

Our Conflict Minerals Software is the pioneer of compliance solutions in the
cloud. Audit your supply chain and report the use of conflict minerals and
cobalt comprehensively.

> Download iPoint Conflict Minerals Overview
 * More than 50,000 customers worldwide
 * One solution for the entire supply chain
 * Highly automated processes
 * Supports compliance with existing and upcoming regulations (USA, EU)
 * CMRT, CRT and IPC-1755 standard reporting options
 * Comprehensive smelter management
 * Extensive Documentation

Contact an expert
iPoint Conflict Minerals - Source responsibly


THE NO. 1 SOFTWARE FOR CONFLICT MINERALS AND COBALT COMPLIANCE & REPORTING

Conflict minerals are often present in complex products for specific
requirements that have a low vertical range of manufacture. This is why tracking
of the origin of minerals is extremely challenging.
 

Ensure compliance with evolving conflict mineral regulations
iPoint Conflict Minerals is a cloud-based software solution that enables
companies to address the challenge of collecting, managing, aggregating and
reporting on conflict minerals and meeting the requirements of their customers
and regulatory authorities.


Standardized reporting process
Benefit from standardized Reporting Templates (CMRT & CRT) from the Responsible
Minerals Initiative (RMI) that help companies to provide accurate information
about the country of origin of minerals and the smelters and refineries they
use.


Worldwide supplier community
With tens of thousands of registered companies worldwide, a large community of
suppliers is available to you on a common platform - the iPoint SustainHub, the
largest community of sustainability & compliance experts worldwide.


High quality training and support
With our video tutorials, user guides and a professional help desk for suppliers
and customers, we support you step by step on the way to responsible sourcing.


From responsible sourcing to corporate responsibility
Create transparency in your supply chain to verify that your materials and
components are ethically sourced. In this way, you make an important
contribution to the creation of holistic corporate responsibility.


BECOME AN IPOINT CONFLICT MINERALS USER NOW

To meet the needs of your company profile and size, we offer four different
plans. A free Basic license is available for suppliers to answer queries from
their customers. Start your way to responsible sourcing now.
 

Choose your plan


CONFLICT MINERALS - DEFINITION

What are conflict minerals?
Conflict Minerals refer to raw materials or minerals that come from a particular
part of the world where conflict is occurring and affects the mining and trade
of those materials and resources.

The so called 3TGs are tin, tantalum, tungsten and gold which are mined in
eastern Congo (DRC) or adjoining countries.

3TGs are essential to the production of a wide range of devices, including
consumer electronics such as smartphones, tablets and computers, as well as in
products from the jewelry, automotive, aerospace, medical equipment and many
other product groups and industries.
 

Central problem of conflict minerals?
In a resource-rich country without sufficient state control, armed groups create
a financial basis for themselves by exporting raw materials.

Their systematic exploitation can lead to serious human rights violations,
violations of international humanitarian law or the realization of international
criminal law.

A major difficulty is obtaining the necessary information on conflict
commodities in supply chains, components, and products to effectively prevent
their trafficking.

 

 * Comprehensive overview of conflict minerals due diligence
 * Economic benefits of software automation
 * Practical uses for reporting

Download White Paper

 * Comprehensive overview of Cobalt due diligence
 * Solution for automated reporting along the supply chain
 * Connection to Conflict Minerals Reporting

Download White Paper


COBALT DUE DILIGENCE

What is Cobalt?
Cobalt was first used for heat-resistant paints and pigments, e.g. for painting
porcelain and ceramics. Today, cobalt is used as an alloying component to
increase the high-temperature strength of alloyed and high-alloy steels, as a
binder phase in hard metals and diamond tools.

Cobalt steels are used, for example, for highly stressed components that have to
withstand high temperatures, such as valve seat inserts in internal combustion
engines. Cobalt-based superalloys have historically consumed most of the cobalt
produced. The temperature stability of these alloys makes them suitable for gas
turbine blades and aircraft engines.

Furthermore, cobalt is used in lithium-ion batteries, which are an essential
component of electric cars, among other things. It can therefore be assumed that
demand for cobalt will increase significantly in the coming years.
 

Central problem of cobalt production?
As with many other ores, mining is partly carried out under precarious
conditions. Several reports have raised concerns about the social and
environmental impacts of cobalt mining, including child labor, modern slavery
unsafe working conditions.

It is estimated that in Congo, where a good half of the world's cobalt is mined,
around 20% of the cobalt is mined by hand.




BACKGROUND INFORMATION


LEGISLATIVE REGULATIONS - RELEVANCE FOR COMPANIES - THE RMI REPORTING FRAMEWORK

Legislative regulations in the US

In 2010, Congress passed the Dodd-Frank Act, which directs the Commission to
issue rules requiring certain companies to disclose their use of conflict
minerals if those minerals are “necessary to the functionality or production of
a product” manufactured by those companies. Under the Act, those minerals
include tantalum, tin, gold or tungsten.

Congress enacted Section 1502 of the Act because of concerns that the
exploitation and trade of 3TGs by armed groups is helping to finance conflict in
the DRC region and is contributing to an emergency humanitarian crisis. Section
1502 of the Act amends the Securities and Exchange Act of 1934 to add Section
13(p).

The final rule applies to a company that uses minerals including tantalum, tin,
gold or tungsten if:

 * The company files reports with the SEC under the Exchange Act.
 * The minerals are “necessary to the functionality or production” of a product
   manufactured or contracted to be manufactured by the company.

The final rule requires a company to provide the disclosure on a new form to be
filed with the SEC (Form SD). To learn more, please visit information in the
links below:
 

 * Final Ruling
 * Conflict Minerals Fact Sheet
 * Conflict Minerals FAQ

How do conflict minerals affect companies?

Which companies are affected?
Companies that are publicly traded in the USA (called „issuers“ under the law)
need to disclose whether or not 3TGs that are necessary to the functionality or
production of a product they manufacture originated in the Democratic Republic
of the Congo. If they did, they must submit a report to the Securities and
Exchange Commission (including due diligence specification and an independent
third party audit).


Reporting requirements are passed down the supply chain
Companies not publicly traded in the USA are not directly affected by the
Dodd-Frank Act, which means they are not legally required to proactively deal
with conflict minerals reporting. However, any company which is a supplier of
publicly traded US companies will be indirectly affected, because the reporting
requirements are passed down the supply chain. This means that requests from
customer companies need to be dealt with.

The RMI Reporting Framework

For cobalt reporting, you can use the Cobalt Reporting Template (CRT) by the
Responsible Minerals Initiative (RMI). The CRT helps you collecting information
about the country of origin and the smelters and refiners used.

For your cobalt reporting, you need to examine the supply chain in terms of
smelter and refiner usage. To do this, you will need to communicate your
company's requirements to your suppliers and collect data using the CRT. Once
the data is collected, you need to analyze it to determine the risk level of the
smelters and refiners used in your supply chain.

Our software iPoint Conflict Minerals helps you manage these individual steps in
a central application along with your Conflict Minerals reporting.

To read more about the Conflict Free Sourcing Initiative (CFSI) reporting
framework, please visit: www.responsiblemineralsinitiative.org

 

What are the 3TGs?
 * Cassiterite is the main ore for the extraction of tin, which is essential for
   the production of tin cans and for the solder on the circuit boards of
   electronic devices.
    
 * Coltan is the metal ore from which the element tantalum is extracted.Tantalum
   is mainly used for the production of tantalum capacitors (GPS, anti-lock
   braking systems, laptops, etc.).
    
 * Wolframite is an important source of the element tungsten. It is widely used,
   for example, for fishing weights, dart tips and golf club heads.
    
 * Gold is used for jewelry, electronics and dental products, among others.

Is Cobalt reporting mandatory for companies?

Cobalt reporting is currently not required by any international legislation or
regulation. According to the definition provided in the SEC Final Ruling (US
Securities and Exchange Commission, 2012), as it relates to Section 1502 of the
Dodd-Frank Wall Street  Reform and Consumer Protection Act of 2010 (US Congress,
2010), Cobalt is NOT a conflict mineral.


Why is voluntary cobalt reporting important for companies?
Companies need to keep pace with the market expectations of customers, investors
and non-governmental organizations. Furthermore, companies can thus highlight
their corporate responsibility.

Background Information on Conflict Minerals

To get more background information about the situation in the Congo, please
visit:

 * www.enoughproject.org

For more information on Cobalt due diligence and reporting, click here:

 * www.responsiblemineralsinitiative.org
 * www.oecd.org




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