why is cobalt not a conflict mineral
Last year, a Washington Post investigation into cobalt supply chains forced Apple and other tech companies to acknowledge that some of the cobalt which is not officially considered a conflict mineral used in their products was coming from smelters that relied on child labor and engaged in other human rights abuses. The conflict mineral compliance allows you to know what is in your supply chain and we assist you in regulating if not so. The office also builds international support for due diligence guidelines intended to help industry develop a responsible minerals trade We are committed to the responsible sourcing of Conflict Minerals and cobalt. The sale of cobalt has been historically used to fund conflict activities, and has been a source of potential human rights violations, including slavery and illegal child labor. There are two major motivations for this: Companies need to keep up with market expectations from customers, investors and non-governmental organizations. Conflict minerals have, for a long time, been defined by policymakers under the umbrella term 3TG: tantalum, tin, tungsten and gold. 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. The problem is that more than 50% of the worlds reserves lie in the Democratic Republic of Congo (3.6 million tons available for extraction). There is both statistical and anecdotal evidence that the presence of precious commodities can prolong conflicts (a "resource curse"). Although many cobalt mines in Africa are using The conflict minerals landscape is always changing. In The term " covered countries " means the Democratic Republic of the Congo (the " DRC ") and its adjoining countries. " Vulnerability of the United States to shortfalls in the supply of cobalt and other minerals and materials is a concern of both the Congress and the Administration. Cobalt and Conflict Minerals 3TG and C? North America is set to see a 5% increase, with three mines coming online before 2025. Although many cobalt mines in Africa are using compliant practices, there are still many that are not. Cobalt: Not Technically a Conflict Mineral Cobalt is utilized in myriad products, particularly consumer electronics, and is an essential element in lithium-ion batteries. Keeping this in consideration, is cobalt found in the earth's crust? From our perspective they are considered as unwanted, which is why the issue is not, as such, a problem for us. There are four conflict minerals legally defined by laws across the globe, including the U.S. and EU. Even though cobalt is not currently on the list of regulated conflict minerals, its on legislations radar as severe human rights issues arise. Several large NGOs and brands consider Cobalt a conflict mineral as well and have begun efforts to trace and manage its use throughout the global supply chain. Cobalt is a mineral that is generally produced as a byproduct of mining other mineral ores, such as copper and nickel. Companies and industry groups have been working for over 3 years on investigation and due A broad-based human rights due diligence requirement should, for relevant companies, encompass conflict minerals, even if conflict minerals are not explicitly referenced in the legislation. Naming cobalt a conflict mineral could create more confusion and would require companies who previously claimed DRC conflict free status to amend that claim until they can confirm that status as to cobalt. The majority of cobalt is mined in Africa and is a byproduct of the mining of other metals including nickel, copper, silver, lead, and iron. Conflict minerals refer to a specific group of minerals cassiterite, coltan, wolfram and gold that are sometimes produced, traded, taxed, or looted by armed groups in the eastern DRC. At the moment, most armed groups in the region are not connected to mining and the Congolese government has validated hundreds of mining sites as conflict-free. Tin may pose the biggest challenge for companies looking to rid their supply chains of conflict minerals blamed for funding violence Credit: Houston Zoo. Intel is committed to the responsible sourcing of minerals sourcing done in an ethical and sustainable manner that safeguards the human rights of everyone in our global supply chain. In recent years it has frequently been suggested that the trade in cobalt, of which 75% of the worlds supply is mined in DRC, is similarly linked to the conflict in the region. It has been one of the metals purchased for the strategic stockpile. Coltan is the colloquial name for the mineral columbite-tantalum ("col-tan"); it is sometimes incorrectly used as shorthand for tantalite, a metallic ore from which the very similar elements niobium, also known as columbium, and tantalum are extracted. Batteries can help keep the lights on during an outage and save you money during times when the grid charges higher rates. Substandard cobalt mining conditions in the Congo have been tied to miner deaths, and the use of child labor is prevalent. Both of these reveal that the issue of conflict minerals is not confined by any borders.
The Enough Project, a humanitarian group, says that Gettleman and Bleasdale do a good job of portraying both the problems and solutions to the conflict minerals problem. Cobalt is a mineral that is generally produced as a byproduct of mining other mineral ores, such as copper and nickel. As if this was not bad enough, cobalt is being considered as the newest rare earth element to earn a place on the conflict minerals list because of
Some say cobalt should be added to the conflict-minerals list, even if cobalt mines are not thought to be funding war. A handful of human rights groups are pushing to add cobalt to the list of so-called conflict minerals to be regulated and monitored for ties to human rights abuses and deadly wars in central Africa. The conflict mineral compliance allows you to know what is in your supply chain and we assist you in regulating if not so. The number of companies that filed a conflict minerals disclosure in 2018 (1,098 filings) dropped by 5.1 percent, which is higher than the However, for cobalt and mica there is no such regulatory requirements as of now. By the end of next month Intel, HP and more than a thousand publicly traded companies are expected to report to the U.S. Securities and Exchange Commission on whether the minerals in their cellphones, laptops or other products were used to fund armed conflict in Central Africa. These minerals are commonly referred to as 3TG and cobalt (tin, tantalum, tungsten, gold, and cobalt). Countries rich in minerals such as cobalt, coltan, cassiterite, copper, and gold are often marred by corruption, authoritarian repression, militarization, and civil war. Most of Congos cobalt is a by-product of large copper mines which cannot quickly increase their output and have little incentive to do so A grievance mechanism is in place to allow interested parties to voice concerns regarding the circumstances of extraction, trade, and export of 3TG minerals and cobalt in Knowles's supply chain by telephone (1-855-657-8022) or at www.knowles.ethicspoint.com. The mineral coltan is one of the resources that is In the case of mica and cobalt, the lack of regulation is causing many companies to source these goods from mines that use child labor, unsafe conditions, and human trafficking. Many organizations are rallying to have these minerals added to the conflict minerals legislation. Because conflict minerals are subject to compliance under Dodd-Frank Act. It contains tantalum and niobium. Conflict minerals information requests from customers increasingly include cobalt. To improve consumer confidence that cobalt from the DRC is not mined by children or in unsafe conditions, the mining industry needs to formalize its approach to these ASM sites. Therefore, the EU passed a new regulation in May 2017 to stop: global and EU smelters and refiners from using conflict minerals, and; mine workers from being abused. Four common conflict minerals, clockwise from top left: coltan, cassiterite, gold ore, and wolframite. More and more organizations are continuing to get involved in voluntary Responsible Minerals reporting. Cobalt is a metal used in U.S. aerospace and defense industries. The risk of being killed in an accident underground is high due to the lack of safety regulation. 'Dont put cobalt in conflict minerals basket', say traders- 22 March 2011 Confusion over imminent US regulations regarding the trade of conflict minerals, and over the areas where cobalt is produced, has prompted some electronics consumers to request cobalt that is not sourced from the Democratic Republic of Congo (DRC), traders have told MB. The current list of conflict mineral includes gold, tantalum, tin and tungsten. Yet despite all this, mining experts have recently reported that they anticipate cobalt production in DRC will rise an annual average of 4.6% between now and 2020. To improve consumer confidence that cobalt from the DRC is not mined by children or in unsafe conditions, the mining industry needs to formalize its approach to these ASM sites. Download PDF. Tungsten, tantalum and cobalt are not intentionally used in SCHURTER components. Download the document on Conflict Minerals in PDF format. The Democratic Republic of Congo (DRC)s conflict minerals ( tin, tantalum, tungsten, gold ) often appear in advocacy campaigns given their importance for western consumer electronics, but a different mineral, cobalt, has gained media attention recently. Cobalt isnt considered a conflict mineral. High demand for smartphones and the rapidly growing electric automotive industry have also stimulated demand for the metal. In the SEC rule, DRC conflict-free is defined as minerals that were extracted and did not directly or indirectly benefit armed groups in the covered countries. Cobalt is frequently mentioned alongside conflict minerals due to its prevalence in the DRC more than 60 percent of the worlds cobalt originates from the region. And children are given physically demanding tasks and must work up to 12 hours a day. Even though cobalt is not currently on the list of regulated conflict minerals, its on legislations radar as severe human rights issues arise. Monday, January 25, 2016. The Office of Threat Finance Countermeasures, in conjunction with other State Department bureaus and U.S. agencies, actively works to sever the links between mineral resources and conflict through government-to-government diplomatic efforts. Known as conflict minerals or 3TGs, tin, tantalum, tungsten and gold mined in the DRC have been linked to the funding of armed groups, and have helped to fuel a war for over twenty years. Conflict Minerals and Cobalt Sourcing Policy Synaptics is concerned that the exploitation and trade of conflict minerals (as defined by the Securities and Exchange Commission (SEC)) and cobalt originating in the Democratic Republic of the Congo and adjoining regions is helping to finance conflict characterized by extreme levels of violence. Over a dozen years ago, Intel began work to responsibly source conflict minerals 1 from the Democratic Republic of Congo (DRC) and adjoining countries. 1. Standardized reporting process. Under the Act, those minerals include tantalum, tin, gold or tungsten.