In recent years there has been an increasing international focus on tin, tantalum, tungsten and gold ("Conflict Minerals") from the Democratic Republic of Congo and its neighbouring countries. There has been shown to be a link between western companies’ trade in minerals and the financial strength of armed groups that exposes workers and indigenous people of violence and human right abuse. As Saab strives to be a good corporate citizen, Saab is working to identify which products and material from suppliers that may contain conflict minerals.
On August 22nd 2012 the US Securities and Exchange Commission ("SEC") issed its final rule regarding "Conflict Mineral" as defined in section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protections Act "Dodd-Frank". The law requires companies listed on the American Stock Exchange to disclose its use of tin, tantalum, tungsten and gold and also to state whether these minerals originate from the Democratic Republic of the Congo or any of its nine adjoining countries.
- Columbite-tantalite (Coltan) - refined into tantalum (Ta)
- Cassiterite - refined into tin (Sn)
- Wolframite - refined into tungsten (W)
- Gold (Au)
Please note that EU legislation on minerals as above is processing
Last updated: 21 June 2016 • 15:25