{"id":179,"date":"2022-04-27T12:23:33","date_gmt":"2022-04-27T12:23:33","guid":{"rendered":"https:\/\/www.imc-carbide.com\/imc-carbide-sustainability\/?page_id=179"},"modified":"2022-07-13T07:28:13","modified_gmt":"2022-07-13T07:28:13","slug":"conflict-minerals","status":"publish","type":"page","link":"https:\/\/www.imc-carbide.com\/index.php\/conflict-minerals\/","title":{"rendered":"Conflict Minerals"},"content":{"rendered":"\t\t
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Conflict Minerals<\/strong><\/h3>

IMC International Metalworking Companies B.V., through its subsidiaries and affiliates worldwide (\u201cIMC Group”), is engaged in the business of manufacturing, developing, marketing and selling of carbide cutting tools and other related products.<\/p>

Over the years, alongside with increasing awareness of and adherence to corporate social responsibility, enterprises pursue high international standards of good corporate governance. Such standards require inter-alia the exercising of control over the degree in which the supply-chain may impact our society. Evidently, as a result of such progress, co-operation amongst all participants in the supply-chain has become a prerequisite condition for many commercial interactions in our eco-system.<\/p>

It is in this context that we would like to draw your attention to the relevant legal and social requirements, in connection with the sourcing and utilization of certain minerals known as \u201cConflict Minerals\u201d.<\/p>

Specifically, it was recognized that enterprises engaged in the sourcing of the minerals: Columbite -Tantalite (Coltan), Cassiterite, Gold, Wolframite<\/b> or their derivatives, Tantalum, Tin<\/b> and Tungsten<\/b>, from the Democratic Republic of the Congo (DRC)<\/b> and \u201cAdjoining Countries\u201d, including: Angola, Burundi, Central African Republic, Congo Republic, Rwanda, Sudan, Tanzania, Uganda,<\/b> and Zambia,<\/b> were at risk of contributing to conflict in such countries.<\/p>

Accordingly, high standards of international trade were set and promoted by the Organization for Economic Co-operation and Development (the \u201cOECD\u201d), the United States Congress and the United States Securities and Exchange Commission (the \u201cSEC\u201d), with an aim to facilitate \u201cConflict Free\u201d, fair and sound international trade throughout the supply-chain.<\/p>

As one of the key leading players in the hard metal industry, we are committed to ensure that all minerals which may be contained in some IMC products, are and shall be acquired \u201cConflict Free\u201d, with every due respect for human rights and in strict conformity with these high international
To pursue these meaningful standards we have resolved to adopt the\u00a0OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict Affected and High Risk Areas.<\/a>


We are implementing various means, including but not limited to:<\/p>