Why are conflict minerals a problem

Why are conflict minerals a problem

Tdk established a policy and declared that it would make the utmost efforts to use only minerals unrelated to conflict in the supply chain.At a time when the world is involved in a race to obtain raw material, the problem of conflict minerals needs political and not technical solutions.These conflict minerals are tin, tantalum, tungsten (the 3 t's) and gold which are mined in eastern congo and are in all consumer electronics products, as.The second blog focused on the importance and relevance of local labor and environmental issues outside the conflict.The office of threat finance countermeasures, in conjunction with other state department bureaus and u.s.

The office also builds international support for due diligence guidelines intended to help industry develop a responsible minerals trade from conflict.In these areas, countless human rights violations occur in the pursuit of valuable minerals.This section holds companies responsible for keeping track of the supply chains for the metals they use in their products.These minerals can find their way into the supply chains of global corporations and are used in consumer products such as.Once again, the global markets that accept that gold are complicit.

Should the company's products use any conflict minerals from the drc or its neighboring countries, the company must disclose that fact.Conflict gold is still a problem.Conflict minerals could be in any of the electronics you use.The democratic republic of congo (drc) has vast mineral resources, such as gold, diamonds, tin, tantalum, cobalt and copper, that could, in theory, provide the nation with great wealth.

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