Conflict Mineral Policy
In response to violence and human rights violations in the mining of certain minerals in the “Conflict Region”, which is situated in the eastern portion of the Democratic
Republic of the Congo (DRC) and surrounding countries, the U.S. Securities and
Exchange Commission (SEC) has adopted rules 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 rules require manufacturers who file certain reports with the SEC to disclose whether the products they manufacture or contract to manufacture contain “conflict minerals” that are “necessary to the functionality or production” of those products.
The definition of “conflict minerals” refers to gold, as well as tin, tantalum, and tungsten, the derivatives of cassiterite, columbite-tantalite, and wolframite, regardless of where they are sourced, processed or sold. The U.S. Secretary of State may designate other minerals in the future.
Foamtec International supports the humanitarian goal of ending violent conflicts in the DRC and the surrounding countries. We are committed to the responsible sourcing of “conflict minerals” throughout our supply chain and to continuing to comply with the underlying spirit of the SEC rules and regulations surrounding “conflict minerals”