{"id":4096,"date":"2020-12-17T18:03:37","date_gmt":"2020-12-17T17:03:37","guid":{"rendered":"https:\/\/keyfuture.com\/test-3\/"},"modified":"2024-06-25T10:50:07","modified_gmt":"2024-06-25T08:50:07","slug":"conflict-minerals-policy-statement","status":"publish","type":"post","link":"https:\/\/keyfuture.com\/en\/conflict-minerals-policy-statement\/","title":{"rendered":"Conflict Minerals Policy Statement"},"content":{"rendered":"\t\t
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Conflict Minerals Policy Statement<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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In response to the violence and human rights violations occurring when extracting some minerals from the \u201cConflict Region\u201d, located in the eastern part of the Democratic Republic of Congo (DRC) and in neighbouring countries, KF undertakes to sustain the humanitarian objective to put a stop to the violent conflict in those areas.<\/p>

The U.S. Securities and Exchange Commission (SEC) has prepared regulations concerning the detection and publication requirements related to \u201cConflict Minerals\u201d, as indicated by the \u201cDodd-Frank Wall Street Reform and Consumer Protection Act, Section 1502<\/span><\/strong><\/a>\u201d of 2010.
The European Union issued a specific European Parliament and Council Regulation (EU) 2017\/821 dated 17 May 2017 which \u201cestablishes diligence duty obligations in the procurement chain for those importing tin, tantalum and tungsten, their minerals and gold coming from conflict or high risk areas into the Union\u201d,
The definition \u201cconflict minerals\u201d specifically refers to gold, tin, tantalum and tungsten, commonly called 3TG.<\/p>

The commitment taken by KF develops as follows:<\/p>

\u2013 to design and develop products that do not contain \u201cconflict minerals\u201d<\/p>

\u2013 not to intentionally procure material containing the metals specified coming from mines and foundries in the \u201cConflict Region\u201d, that are not certified as \u201cConflict Free\u201d<\/p>

\u2013 to ensure compliance with those requirements and ask its suppliers to undertake a suitable assessment process with their procurement chains, to ensure that the metals specified come:<\/p>

\u2013 or solely from mines and foundries outside the \u201cConflict Region\u201d<\/p>

\u2013 or mines and foundries certified by an independent third party body as being \u201cConflict Free\u201d, if located in the \u201cConflict Region\u201d.<\/p>

KF has implemented an internal procedure compliant with the relative sections of the guidelines recognised internationally by the OECD (Organisation of Economic Co-operation and Development).<\/p>

KF requires its suppliers to perform suitable controls of their procurement chains in order to determine the place of origin of the 3TG minerals and whether the foundry or refinery has been certified as \u201cconflict free\u201d by an independent third party, or by using the Conflict Minerals Reporting Template questionnaire (drawn up by \u201ccfsi\u201d).<\/p>

The goal is to guarantee that \u201cConflict Free\u201d material and components are the only ones used in the products and processes purchased.<\/p>

If the presence of minerals extracted or processed in structures NOT considered \u201cConflict Free\u201d should be detected in any material, part or component purchased by KF, suitable actions will be taken to make the product sold \u201cConflict Free\u201d.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Download PDF<\/a><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Conflict Minerals Policy Statement In response to the violence and human rights violations occurring when extracting some minerals from the \u201cConflict Region\u201d, located in the eastern part of the Democratic Republic of Congo (DRC) and in neighbouring countries, KF undertakes to sustain the humanitarian objective to put a stop to the violent conflict in those […]<\/p>\n","protected":false},"author":1,"featured_media":4604,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[123],"tags":[],"class_list":["post-4096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/keyfuture.com\/en\/wp-json\/wp\/v2\/posts\/4096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/keyfuture.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/keyfuture.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/keyfuture.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/keyfuture.com\/en\/wp-json\/wp\/v2\/comments?post=4096"}],"version-history":[{"count":9,"href":"https:\/\/keyfuture.com\/en\/wp-json\/wp\/v2\/posts\/4096\/revisions"}],"predecessor-version":[{"id":7111,"href":"https:\/\/keyfuture.com\/en\/wp-json\/wp\/v2\/posts\/4096\/revisions\/7111"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/keyfuture.com\/en\/wp-json\/wp\/v2\/media\/4604"}],"wp:attachment":[{"href":"https:\/\/keyfuture.com\/en\/wp-json\/wp\/v2\/media?parent=4096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/keyfuture.com\/en\/wp-json\/wp\/v2\/categories?post=4096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/keyfuture.com\/en\/wp-json\/wp\/v2\/tags?post=4096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}