Conflict Minerals: Good News and Bad News: Commerce Department Publishes List of Conflict Minerals Processing Facilities

Sep 7, 2014 | Steve Quinlivan, Dodd-Frank
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The good news is the Commerce Department published a list of ”all known conflict mineral processing facilities worldwide” as required by section 1502(d)(3)(C) of the Dodd-Frank Wall Street Reform and Consumer Protection Act.  The list includes all known processing facilities that process the minerals tin, tantalum, tungsten, or gold.

The bad news is the list does not indicate whether a specific facility processes minerals that are used to finance conflict in the Democratic Republic of the Congo or an adjoining country.  Like many U.S. public companies, the Commerce Department does not have the ability to distinguish such facilities.