METAL-TECH

Over the years, alongside increasing awareness and devotion to corporate and social responsibilities, METAL-TECH maintains high, international standards of good governance. As a result, cooperation amongst all participants in the supply-chain arena has become a prerequisite condition for many commercial interactions in our eco-system. It is in this context that special attention to legal and social requirements, in connection with the sourcing and utilization of certain minerals known as "Conflict Minerals" is enforced. Specifically, it was recognized that enterprises engaged in the sourcing of the minerals: Columbite -Tantalite (Coltan), Cassiterite, Gold, Wolframiteor their derivatives, Tantalum, Tin and Tungsten, from the Democratic Republic of the Congo (DRC) and "Adjoining Countries", including: Angola, Burundi, Central African Republic, Congo Republic, Rwanda, Sudan, Tanzania, Uganda, and Zambia, were at risk of contributing to conflict in such countries. Accordingly, high standards of international trade were set and promoted by the Organization for Economic Co-operation and Development (the "OECD"), the United States Congress and the United States Securities and Exchange Commission (the "SEC"), with an aim to facilitate "Conflict Free", fair and sound international trade throughout the supply-chain. As one of the key leading players in the hard metal industry, we are committed to ensuring that all minerals, which may be contained in some of our products, are and shall be acquired "Conflict Free" with every due respect for human rights and in strict conformity with these high international trade standards. To pursue these meaningful standards we have resolved to adopt: OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. We are implementing various means, including but not limited to: Initiating reasonable enquiry and discussions with our immediate suppliers Informing immediate suppliers of our strict expectations so they will take similar measures with their respective suppliers to ensure alignment throughout the supply-chain Incorporating supplier disclosure requirements in Supply Agreements and Group Standard Terms and Conditions of Purchase. CONTACT US