Responsible Minerals Sourcing Policy
Mitsui Mining & Smelting Co., Ltd. Engineered Powders Division
Mitsui Kinzoku Group complies with applicable regulations in mineral procurement
and fulfills its corporate social responsibility in the mineral supply
chain in accordance with the standards and guidance of international initiatives
such as RMI1, LBMA2, and LME3. For minerals originating from, transported
through, or traded in conflict-affected and high-risk areas (CAHRAs4),
Mitsui Kinzoku Group adheres to the policy of not using minerals involved
in wrongful activities as specified in Annex II, Items 1 to 14 of the OECD
(Organization for Economic Co-operation and Development) "Due Diligence
Guidance for Responsible Supply Chains of Minerals from Conflict-Affected
and High-Risk Areas."
Our group's responsible mineral procurement management system incorporates
the five-step framework for mineral supply chains outlined in Annex I of
the "OECD Due Diligence Guidance for Responsible Supply Chains of
Minerals from Conflict-Affected and High-Risk Areas," as well as the
five steps for due diligence described in the "Supplement on Tin,
Tantalum, and Tungsten" and the "Supplement on Gold." We
conduct risk assessments and management, undertake risk mitigation efforts,
and, depending on the situation, reconsider business relationships. Additionally,
we promote initiatives related to human rights, labor, environment, and
ethics, and work towards the sustainability of the mineral supply chain.
Our group identifies CAHRAs based on the following categories:
1. Countries and regions listed in the CAHRAs list published by the European
Commission under REGULATION (EU) 2017/821.
2. The Democratic Republic of the Congo (DRC) and the nine adjoining countries
as defined by Section 1502 of the U.S. Dodd-Frank Act.
3. Other countries and regions identified by our group with reference to
international initiatives. The minerals identified as subject to these
measures include tin, tantalum, tungsten, cobalt, gold, silver, zinc, lead,
and copper. These will be reviewed as necessary in accordance with the
requirements of international initiatives.
Our group conducts appropriate due diligence on the supply chain in line
with the standards and guidance of international initiatives and discloses
information in response to requests from customers and other stakeholders.
December 2024
Procurement policy for Tantalum containing materials
Mitsui Mining & Smelting Co., Ltd. Engineered Powders Division
In order to meet the requests from our customers, stakeholders and international
community, we, Mitsui Mining & Smelting, hereby establish the following
policy with respect to a procurement of Tantalum containing raw materials,
and keep informed about the policy all directors, officers and employees
being responsible for and/or engaging in the transaction:
-Mitsui Mining & Smelting Co., Ltd. Engineered Powders Division does
not use Tantalum containing raw materials involving any injustices, as
described in Clause 1 to 14 of Annex II of ”OECD Due Diligence Guidance
for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk
Areas”, including violations of laws and regulations such as fraudulent
misrepresentation of the origin of minerals, bribery, unpaid tax, money
laundering and direct/indirect contribution to conflict within CAHRAs (Conflict
Affected and High-Risk Areas).
-Mitsui Mining & Smelting Co., Ltd. Engineered Powders Division conducts
supply chain due diligence in compliance to "OECD Due Diligence Guidance
for Responsible Supply Chains of Minerals from Conflict Affected and High-Risk
Areas" regarding procurement activity of Tantalum containing raw materials.
December 2020