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Conflict minerals

분쟁광물

SEAKI PRECISION CO., LTD do not use conflict minerals (tin, tantalum, tungsten and gold) produced through unethical processes in areas where disputes arise, such as the Democratic Republic of Congo and its neighbors.

Efforts are being made to prevent money laundering associated with conflict minerals.

  • Comply with general regulations on anti-bribery, anti-corruption and money laundering.

SEAKI PRECISION CO., LTD promise not to contribute to the following items in accordance with the conflict minerals policy.

  • Torture, abuse, child abuse, coercion, forced labor,Infringement of freedom, human rights violations, human rights abuses, violations of human rights,War crimes, violations of international humanitarian law, crimes against humanity, genocide,Bribery, corruption, money laundering SEAKI PRECISION CO., LTD promise not to do business with suppliers who do not comply with our conflict mineral policy.
Conflict minerals
Natural material that has become social because of quarrels among forces in some regions. Gold, tin, tantalum, and tungsten from the Central African countries, such as Congo, Sudan, Rwanda, Uganda, and Zambia, which have frequent disputes, are considered to be the 'mineral conflicts'.
It is a mineral that is widely used in the fields of electronics, lighting, machinery, and aerospace, and many international transactions have made it a profit base for the forces involved in war and crime.
Since 2009, the United Nations has called on Member States to restrict the use of conflict minerals. Many countries, including the United States and the European Union, have responded to the "Conflict Minerals" regulation.
U.S. regulators required all companies listed on the securities trading market by May 31, 2014 to report to the Securities and Exchange Commission (SEC) whether or not to use 'conflict minerals'. The goal is to stop the use of related materials and international trade to create regional (central African) conflict and to cut off the money lines of criminal groups.

Source : Korea Telecommunications Technology Association / https://www.sanmina.com/wp-content/uploads/2016/04/conflict_minerals.pdf