In August 2012, the U.S. Securities and Exchange Commission published regulations implementing Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act regarding the use of “conflict minerals”.
Conflict minerals the term “conflict minerals” is defined in the Dodd-Frank act as tantalum, tin, gold and tungsten (also known as 3TG) or their derivatives, mined in the Democratic Republic of the Congo (DRC) and in the adjoining countries* where the revenues of those minerals may directly or indirectly finance armed groups engaged in civil war causing serious social and environmental issues.
Northern Cables Inc. policy on Conflict Minerals:
- Northern Cables Inc. is committed to take actions to avoid illegal and unethical metal sourcing from DRC and adjoining countries.
- Northern Cables Inc. requests its suppliers to comply with the Dodd-Frank regulation, and in this regard, that the said suppliers have processes in place aimed to ensure that 3GT contained in products do not originate from mines within the DRC and the surrounding region.
- Suppliers are requested by Northern Cables Inc. to determine the source of specified minerals and for that purpose to pass this requirement through their own supply chain.
- If Northern Cables Inc. becomes aware of a supplier whose supply chain includes metals from a conflict source; the Company will take appropriate actions to remedy the situation.
* Angola, Burundi, Central African Republic, the Republic of the Congo, Rwanda, South Sudan, Tanzania, Uganda and Zambia.