Digital Machining & Social Responsibility: Minerals Sourcing


<< Return

Digital Machining & Social Responsibility: Minerals Sourcing - Monday, May 23, 2016

Before you do business with Digital Machining Systems, we want you to know that it is our policy to avoid conflict minerals. that directly or indirectly finance or benefit armed groups in unstable parts of the world.

The most commonly mined conflict minerals (known as 3TGs minerals) are cassiterite (for tin), wolframite (for tungsten), coltan (for tantalum), and gold ore. These are extracted from the Democratic Republic of the Congo (DRC) and adjacent countries and passed through a variety of intermediaries.


conflict minerals sourcing

 

Many products that we rely on as a metal parts manufacturer are crafted with raw materials that sometimes contain metals that include tantalum, tin, tungsten, and gold. These minerals are prevalent in many commercial products, from electronic devices to jewelry.

Tungsten is used in products including electrodes, cutting tools, rocket engine nozzles, and the vibration of cell phones. Tantalum is used in cutting tools, camera lenses, capacitors, and condensers.

Tin is used in glass, bearing alloys, and electronic components. Gold, of course, is used in products that range from jewelry to dental crowns, and even coins.

Our manufacturing industry isnít alone. Other industries, like healthcare, aerospace, electronics, and the auto industries are also affected by 3TG.

The problem is that these same materials are often mined and sold by armed groups in order to finance actions that limit human rights. Since 1998, there have been more than 5.4 million deaths as a result of the conflict.

Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 requires publicly traded companies to look into the origin of these conflict minerals in their supply chains and to report to the Securities and Exchange Commission. It is the first act of its kind.

Those not in compliance risk Section 18 liability. Other than legal complications that will arise from non-compliance, those issuers will likely face increasing pressure from non-government organizations, human rights activists, consumers, and other groups to provide proof of conflict-free sourcing.

As part of our commitment to compliance and to promoting ethical and responsible business practices in our relationships, Digital Machining Systems uses raw materials that do not contain conflict minerals from the countries in question.

We expect our partnerships and suppliers to share this same regard for human rights, and actively seek out conflict-free sources, while urging their sub-suppliers to track 3TG throughout the supply chain and back to its source.

As a part of this commitment, Digital Machining Systems always:

  • Complies with the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 by performing due diligence, and urges suppliers to stick to the same standard.
  • Expects suppliers to cooperate with the Act by providing statements of due diligence to affirm that 3TG minerals in their supply-chain are not from the DRC or adjacent countries.
  • Discontinues relationships with suppliers who may be supporting the conflict.
  • Commits to full-disclosure with regard to this policy by handing in conflict mineral reports, or CMRT, to customers as asked.

Organizations today, like the International Rescue Committee, the Enough Project, Relief Web, Save the Congo, and even celebrities like Ashley Judd and Ryan Gosling are working to develop solutions and attract public attention to the men, women, and children affected by conflict minerals.

The U.S. Secretary of State may designate other minerals in the future and, if that happens, Digital Machining Systems will comply and follow the regulations to ensure continued conflict-free sourcing.


 

© Copyright 2019, Digital Machining Systems. All rights reserved.