MDE
MDE

 

Conflict minerals regulation 

MDE

MDE

Overview

 What are Conflict Minerals?

Regardless of the origin of a conflict zone, 3TG and cobalt are called conflict minerals.

MDE

 

Conflict minerals (3TG) and cobalt

Tin, Tantalum, Tungsten, Gold, Cobalt

Conflict Minerals Minerals (tin, tungsten, tantalum, and gold) extracted from the conflict zones near Congo in central Africa

 

Ten conflict zones

DR of the Congo, South Sudan, Rwanda, Burundi, Uganda, Zambia, Angola, Tanzania, and South Africa.

What is Conflict Minerals Regulation?

As part of economic sanctions to eradicate social problems such as human rights abuses, child labor exploitation, and sexual assaults committed in African conflict regions (10 countries including DR Congo), mainly developed countries designated the five minerals mined in these regions (3TG: Tin, Tungsten, tantalum, gold, and cobalt) as conflict minerals, and established this new regulation that restricts the use of conflict minerals by companies to prevent the inflow of money from mining operations to rebels as their military funds.

 

In terms of corporate social responsibility (CSR), US NGOs and others demanded legislation from the US government → legislation proposed by the US Congress. Rebels commit unethical social problems such as human rights violations, child labor exploitation/abuse, and sexual assaults while mining the minerals. Mineral extraction proceeds flow to fund the rebels' military -- continuing the war.

Contact Us

 

       

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