Conflict Mineral Compliance InfoGraph

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Transcript of Conflict Mineral Compliance InfoGraph

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Who is Involved

The Top 5 Producers in Metric Tons - 2009* = Democratic Republic of the Congo = Rest of the World

CONFLICT3TG

MINERALS

TantalumTungsten Tin Gold

Brazil180 (26.87%)

China51,000 (83.2%)

China115,000 (44.23%)

China320 (13.06%)

Mozambique113 (16.86%)

Russia2,500 (4.07%)

Indonesia55,000 (21.15%)

United States223 (9.10%)

Rwanda104 (15.52%)

Canada1,964 (3.2%)

Peru37,503 (14.42%)

Australia222 (9.06%)

DRC87 (12.99%)

DRC170 (0.28%) at$25,700/mt =

DRC87 (12.99%) at$73,110/mt =

DRC9,400 (3.62%) at$14,200/mt =

DRC2,000 (0.08%) at$31,300,000/mt =

Bolivia19,273 (7.41%)

Bolivia19,273 (7.41%)

South Africa197.698 (8.07%)

Australia81 (12.09%)

Austria and

Portugal900 (1.46%)

Brazil13,000 (5%)

Russia190.693 (7.78%)

Worldwide Production

583 (87.01%)

87 (12.99%)

61,130 (99.72%)

170 (0.28%) 9,400 (3.62%)

250,600 (96.38%)

2 (0.08%)

2,448 (99.92%)

Tungsten is from Wolframite.

Used in the vibration of

cellphones, filaments in

vacuum tubes and

electric lights, contact

points in cars, electrodes,

rocket engine nozzles,

and cutting tools.

Tantalum is from Coltan

ore. Used in capacitors,

condensers, cutting tools,

vacuum tube filaments,

and camera lenses.

Tin is used in solder,

electronic components,

coating for steel cans,

bearing alloys, and

glass making.

Gold is used in electronics,

electronic components,

jewelry, dental crowns,

and coins.

$4,369,000 revenue $6,359,700 revenue

$133,480,000 revenue

$62,600,000 revenue

$2,621,400funding the war

$3,815,820funding the war

$80,088,000funding the war

$37,560,000funding the war

= $1 Million = $1 Million Funding the War

Industries Affected What is Being Done Who Should Care

For More Info

Enough Project

Raise Hope for CongoGlobal Witness

Genocide Interventionwww.enoughproject.org

www.raisehopeforcongo.orgwww.globalwitness.org

www.genocideintervention.net

Sources

Assent Compliance - http://assentcompliance.com/

Element 14 - http://www.element14.com/community/docs/DOC-‐36052/l/conflict-‐materials-‐-‐exploring-‐the-‐dodd-‐ frank-‐act

Environmental Chemistry - http://environmentalchemistry.com/yogi/periodic/W.html

Gold-Quote.net - http://gold-‐quote.net/en/articles/fake-‐tungsten-‐gold-‐bars.php

InfoMine - http://www.infomine.com/

Le Monde Diplomatique - http://mondediplo.com/maps/congo2006

PBS - http://video.pbs.org/video/1622330246/

Penn Political Review - http://pennpoliticalreview.org/2011/03/silent-‐but-‐deadly-‐the-‐war-‐on-‐conflict-‐minerals/

Random History.com - http://facts.randomhistory.com/2009/03/09_gold.html

TransAfrika Resources - http://www.transafrikaresources.com/pe/glm_i.php

United States Geological Survey - http://www.usgs.gov/

United States Securities and Exchanges Commission - http://www.sec.gov/spotlight/dodd-‐frank/speccorpdisclosure.shtml

5. DRC

7. South Sudan

3. Central African Rep.

8. Tanzania

9. Uganda

6. Rwanda

2. Burundi

10. Zambia

1. Angola

Countries Involved in theIllegal Trade of Conflict Minerals

Mine Locations

Fighting ForcesWithin the DRC4. Rep. of Congo

110

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64

3 7

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= 10,000 Deaths

There were 5.4 MILLION deaths as of 1998. That is equal to 3.5 times the population of Philadelphia. PA, USA

45,000 die each month.

Healthcare IndustrialManufacturing

Electronics Aerospace

Jewelry Automotive

Tungsten

Tantalum

Tin

Gold

The United States passed the 2300 page Dodd-Frank Wall Street Reform and Consumer Protection

Act in May of 2010. It was signed by President Obama on July 21, 2010. Section 1502 of this law is referredto as the “Conflict Minerals Law”and requires all companies that

are registered with the SEC to disclose the source of mineralsin their products. This is the first

of its kind in the world.

• Publicly traded companies andthe companies that supply them

• Companies that use these minerals “necessary to the functionalityor production” of its productsmanufactured (or contracted

to be manufactured)

• The Securities and Exchanges Commission is expected to finalize updates to 17 CFR parts 229 and

249 by the end of 2011.

The United Nations and DRC have started a pilot project aimed at

creating 5 mineral trading centersin the eastern section of the country

to regulate the sale of minerals.

• Congolese National Army

• Various Armed Rebel Groups

• Democratic Forces for the

Liberation of Rwanda

Con·flict Min·er·al \’kän-flikt’\\’min-rl’, ‘mi-na-\ noun:

1. Conflict minerals are minerals mined in conditions where armed conflict and human rights abuses occur. Commonly used for 4 minerals (3TG): Tungsten, Tantalum, Tin, and Gold that are mined in the eastern region of the Democratic Republicof the Congo (DRC). These minerals are used in the production of various goods such as electronic devices and jewelry.

*2009 USGS data used is latest availableYour Single Source for Surface Mount Passives

www.venkel.com

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