Relief may be in sight on Conflict Minerals Regulations
IPC Supports EU Council Formal Approval of Voluntary Conflict Minerals Requirements for Manufacturers
Statement from John Mitchell, IPC President and CEO
April 3, 2017 – On April 3, 2017, the European Union (EU) Council voted to adopt a regulation regarding the sourcing of conflict minerals in high risk zones. Approval by the EU Council is the end of the formal legislative process and the regulation, which was approved by the European Parliament in March, will take effect in 2021.
The regulation requires supply chain due diligence self-certification of tin, tantalum and tungsten, their ores, and gold originating in conflict-affected and high-risk areas, is mandatory for smelters and importers of raw materials and voluntary for downstream manufacturers whose products contain these minerals.
IPC looks forward to contributing to the work of the European Commission on the various guidelines and other supportive documents for companies covered by the regulation. IPC will continue advocating for conflict minerals regulation that avoids actions.