RE:Tin And Tantalum Production - Conflict Minerals
ErinBrockovich wrote: TTX says it's moving towards extracting tin and tantalum from a soil matrix deposit. The company operates proximate to an ongoing military conflict in Easter DRC. TTX must adhere to a legal standard that probes the minerals produced and the export chain used is free of exploitation. Exports must be certified conflict free. This is no easy task, though not impossible. It's likely that money will not flow for some time though. Think many months of dealings with the government and international legal requirements.
Tantalex is also pleased to announce it has secured the services of RCS Global Group / Better Mining to implement its Upstream Assurance Mechanism (UAM) Services for its mining operations on the TiTan plant. This mechanism combines two permanent processes: Due Diligence and Monitoring (Better Mining) and Digital Supply Chain Traceability (RCS TRACE).
Through this service agreement, Tantalex is implementing a traceability system to enable the export of tin and tantalum from the DRC in compliance with the provisions of the Dodd Frank Act Section 1502, the Responsible Minerals Initiative’s (RMI) responsible sourcing requirements and OECD Due Diligence Guidance (OECD DD Guidance – v3) for Responsible Supply Chains of Minerals from Conflict Affected and High-Risk Areas (CAHRAs). It allows supply chain actors to know whether sourcing activities are free from conflicts, human and labour rights abuses, and unacceptable health and safety hazards.