Exotech Position on Conflict Tantalum
Exotech is aware of and actively supports the multilateral efforts to investigate, monitor and stop activities that contribute to illegal armed groups, human rights violations, or financial wrongdoings in tantalum supply chains as defined in Annex II of the Organization of Economic Co-Operation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas Third Edition (OECD Guidance).
Exotech respects the dignity and importance of human rights and considers any mineral that may pose risks of contributing the harm listed in Annex II of OECD Guidelines to be ‘conflict minerals’. Exotech specializes in refining scrap material and will only purchase tantalum-containing materials from sources that have been verified as not using conflict ores in the production of metals.
In support of the above, Exotech’s President directs and trains all relevant staff on procedures to implement a conflict minerals due diligence system that aims to:
- Exercise due diligence with relevant suppliers consistent with the OECD Due Guidance and the Responsible Business Alliance’s Responsible Minerals Assurance Process (RMAP) and encourage our suppliers to do the same.
- Provide, and expect our suppliers to cooperate in providing, due diligence information to confirm tantalum-containing material in our supply-chain does not contribute to illegal armed groups, human rights violations, or financial wrongdoings as defined in Annex II of OECD Guidance.
- Immediately discontinue engagement with suppliers who pose a reasonable risk to be supporting conflict.
- Undergo an annual RMAP assessment to verify our conflict-free status as well as identify opportunities to continually improve our conflict minerals due diligence management system.
- Commit to transparency in the implementation of this policy by making available reports on our progress to our customers, relevant stakeholders and the public (as required).
Any concerns about our policy or due diligence system should be reported to the Responsible Minerals Initiative through its grievance mechanism that can be accessed here.
This is a statement of Exotech’s long standing policy on conflict materials that was established in June 2008 and revised May 1, 2019.