Exhibit 1.01
Dynasil Corporation of America
Conflict Minerals Report
For the reporting period from January 1, 2018 to December 31, 2018
This Conflict Minerals Report (the “Report”) of Dynasil Corporation of America (“Dynasil” or the “Company”) has been prepared pursuant to Rule 13p-1 and Form SD (the “Rule”) promulgated under the Securities Exchange Act of 1934 for the reporting period January 1, 2018 to December 31, 2018.
The Rule requires disclosure of certain information when a company manufactures or contracts to manufacture products for which the minerals specified in the Rule are necessary to the functionality or production of those products. The specified minerals, which we collectively refer to in this Report as the “Conflict Minerals,” are gold, columbite-tantalite (coltan), cassiterite and wolframite, including their derivatives, which are limited to tantalum, tin and tungsten. The “Covered Countries” for the purposes of the Rule and this Report are the Democratic Republic of the Congo, the Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania, Zambia and Angola.
As described in this Report, certain of the Company’s operations manufacture, or contract to manufacture, products for which the Conflict Minerals are necessary to the functionality or production of those products.
Description of the Company’s Products Covered by this Report
This Report relates to products: (i) for which Conflict Minerals are necessary to the functionality or production of that product; (ii) that were manufactured, or contracted to be manufactured, by the Company; and (iii) for which the manufacture was completed during calendar year 2018.
These products, which are referred to in this Report collectively as the “Covered Products,” are the following:
1. | Optical thin films |
2. | Crystals for X-ray detection |
3. | Optical gratings |
4. | Optical filters |
5. | Radiation detection instruments |
RCOI and Due Diligence
The Company’s supply chain with respect to the Covered Products is complex, and there are many third parties in the supply chain between the ultimate manufacture of the Covered Products and the original sources of Conflict Minerals. In this regard, the Company does not purchase Conflict Minerals directly from mines, smelters or refiners. The Company must therefore rely on its suppliers to provide information regarding the origin of Conflict Minerals that are included in the Covered Products. Moreover, the Company believes that the smelters and refiners of the Conflict Minerals are best situated to identify the sources of Conflict Minerals, and therefore has taken steps to identify the applicable smelters and refiners of Conflict Minerals in the Company’s supply chain.
Conflict Mineral Policy
Dynasil adopted a policy relating to the Conflict Minerals (the “Company Policy”), incorporating the standards set forth in the Organization for Economic Co-operation and Development Due Diligence Guidance for Responsible Supply Chain of Minerals from Conflict-Affected and High Risk Areas: Second Edition, including the related supplements on gold, tin, tantalum and tungsten (the “OECD Guidance”). The Company Policy outlines the Company’s commitment to the responsible sourcing of its products and its expectations that its suppliers will be similarly committed to responsible sourcing in the supply chain. The Company Policy states, among other things, that suppliers: (i) should not supply us with any products or other materials that directly or indirectly finance or benefit armed groups in the Covered Countries; (ii) are expected to source Conflict Minerals only from sources that are DRC conflict-free; (iii) should develop policies, due diligence processes and management systems that are reasonably designed to prevent products or materials that are not DRC conflict free from entering the Company’s supply chain; and (iv) are expected to take steps to identify the smelter, refiner or mine from which Conflict Minerals originate, and to provide information to the Company necessary to facilitate its compliance efforts with respect to the Rule.
Our policy is publicly available on our website atwww.dynasil.comunder “investors.dynasil.com/corporate-governance”.
Reasonable Country of Origin Inquiry
The Company conducted a good faith reasonable country of origin inquiry (“RCOI”) regarding the Conflict Minerals as described in the Company’s Form SD to which this Report is an exhibit. This good faith RCOI was designed to determine whether any of the Conflict Minerals originated in the Covered Countries and whether any of the Conflict Minerals may be from recycled or scrap sources. The Company’s RCOI consisted of the following:
1. | Educating internal employees about Conflict Minerals and the Company’s reporting obligation; |
2. | Listing all products and the component parts and materials containing Conflict Minerals, or using engineering knowledge, that would be expected to use Conflict Minerals during production; |
3. | Excluding parts which were manufactured before 2018 since any Conflict Minerals contained in these products were smelted before 2018; |
4. | Identifying the suppliers from which the Company purchases Conflict Minerals; |
5. | Communicating the Company’s sourcing policy and commitments to suppliers; |
6. | Educating suppliers about the Conflict Minerals reporting obligation; |
7. | Requesting information from suppliers regarding the Conflict Mineral content of the components they provide and their knowledge on the source of any Conflict Minerals, including whether the Conflict Minerals come from recycled or scrap sources (the “Survey”); and |
8. | Collecting and analyzing information from suppliers who responded to the Survey. |
We identified and contacted a total of nineteen suppliers of Conflict Mineral related products and materials. All of these suppliers responded to our request for country of origin information, although not all of these suppliers were able to provide the actual country of origin. As a result of the RCOI, the Company was unable to determine that none of the Conflict Minerals contained in the Covered Products originated in the Covered Countries or were from recycled or scrap sources.
Due Diligence Process
Based on the results of the RCOI, the Company exercised due diligence on the source and chain of custody of the Conflict Minerals. The Company’s due diligence process was designed to both gather information on the country of origin and to educate our internal staff and suppliers regarding this initiative.
The Company’s due diligence process is based on the following five-step framework provided by the OECD Guidance:
· | Establishing strong company management systems |
· | Identifying and assessing risks in the supply chain |
· | Designing and implementing a strategy to respond to identified risks |
· | Carrying out an independent third-party audit of supply chain due diligence at identified points in the supply chain |
· | Reporting annually on supply chain due diligence |
Findings and Conclusions
Based on the information obtained pursuant to the RCOI and the due diligence process, Dynasil does not have sufficient information with respect to the Covered Products to determine the country of origin of all the Conflict Minerals in the Covered Products; however, based on the information that was provided by the responding suppliers and otherwise obtained by Dynasil through the due diligence process, the Company believes that, to the extent reasonably determinable by the Company, the facilities that were used to process the Conflict Minerals contained in some of the Covered Products included the smelters and refiners listed below:
Metal | Refiner or Smelter Name | Country Location | ||
Gold | Advanced Chemical Company | UNITED STATES OF AMERICA | ||
Gold | Aida Chemical Industries Co., Ltd. | JAPAN | ||
Gold | AngloGold Ashanti Corrego do Sitio Mineracao | BRAZIL | ||
Gold | Argor-Heraeus S.A. | SWITZERLAND | ||
Gold | Asahi Pretec Corp. | JAPAN | ||
Gold | Asaka Riken Co., Ltd. | JAPAN | ||
Gold | Atasay Kuyumculuk Sanayi Ve Ticaret A.S. | TURKEY | ||
Gold | Aurubis AG | GERMANY | ||
Gold | Bangko Sentral ng Pilipinas (Central Bank of the Philippines) | PHILIPPINES | ||
Gold | Boliden AB | SWEDEN | ||
Gold | C. Hafner GmbH + Co. KG | GERMANY | ||
Gold | Caridad | MEXICO | ||
Gold | Cendres + Metaux S.A. | SWITZERLAND | ||
Gold | Yunnan Copper Industry Co., Ltd. | CHINA | ||
Gold | Chimet S.p.A. | ITALY | ||
Gold | Chugai Mining | JAPAN | ||
Gold | Daejin Indus Co., Ltd. | KOREA, REPUBLIC OF | ||
Gold | Daye Non-Ferrous Metals Mining Ltd. | CHINA | ||
Gold | DSC (Do Sung Corporation) | KOREA, REPUBLIC OF | ||
Gold | DODUCO Contacts and Refining GmbH | GERMANY | ||
Gold | Dowa | JAPAN | ||
Gold | Eco-System Recycling Co., Ltd. | JAPAN | ||
Gold | OJSC Novosibirsk Refinery | RUSSIAN FEDERATION | ||
Gold | Refinery of Seemine Gold Co., Ltd. | CHINA | ||
Gold | Guoda Safina High-Tech Environmental Refinery Co., Ltd. | CHINA | ||
Gold | Hangzhou Fuchunjiang Smelting Co., Ltd. | CHINA | ||
Gold | HeeSung Metal Ltd. | KOREA, REPUBLIC OF | ||
Gold | Heimerle + Meule GmbH | GERMANY | ||
Gold | Heraeus Metals Hong Kong Ltd. | CHINA | ||
Gold | Heraeus Precious Metals GmbH & Co. KG | GERMANY | ||
Gold | Hunan Chenzhou Mining Co., Ltd. | CHINA | ||
Gold | Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd. | CHINA | ||
Gold | HwaSeong CJ CO., LTD. | KOREA, REPUBLIC OF | ||
Gold | Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd. | CHINA | ||
Gold | Ishifuku Metal Industry Co., Ltd. | JAPAN | ||
Gold | Istanbul Gold Refinery | TURKEY |
Gold | Japan Mint | JAPAN | ||
Gold | Jiangxi Copper Co., Ltd. | CHINA | ||
Gold | Asahi Refining USA Inc. | UNITED STATES OF AMERICA | ||
Gold | Asahi Refining Canada Ltd. | CANADA | ||
Gold | JSC Ekaterinburg Non-Ferrous Metal Processing Plant | RUSSIAN FEDERATION | ||
Gold | JSC Uralelectromed | RUSSIAN FEDERATION | ||
Gold | JX Nippon Mining & Metals Co., Ltd. | JAPAN | ||
Gold | Kazakhmys Smelting LLC | KAZAKHSTAN | ||
Gold | Kazzinc | KAZAKHSTAN | ||
Gold | Kennecott Utah Copper LLC | UNITED STATES OF AMERICA | ||
Gold | Kojima Chemicals Co., Ltd. | JAPAN | ||
Gold | Kyrgyzaltyn JSC | KYRGYZSTAN | ||
Gold | L'azurde Company For Jewelry | SAUDI ARABIA | ||
Gold | Lingbao Gold Co., Ltd. | CHINA | ||
Gold | Lingbao Jinyuan Tonghui Refinery Co., Ltd. | CHINA | ||
Gold | LS-NIKKO Copper Inc. | KOREA, REPUBLIC OF | ||
Gold | Luoyang Zijin Yinhui Gold Refinery Co., Ltd. | CHINA | ||
Gold | Materion | UNITED STATES OF AMERICA | ||
Gold | Matsuda Sangyo Co., Ltd. | JAPAN | ||
Gold | Metalor Technologies (Suzhou) Ltd. | CHINA | ||
Gold | Metalor Technologies (Hong Kong) Ltd. | CHINA | ||
Gold | Metalor Technologies (Singapore) Pte., Ltd. | SINGAPORE | ||
Gold | Metalor Technologies S.A. | SWITZERLAND | ||
Gold | Metalurgica Met-Mex Penoles S.A. De C.V. | MEXICO | ||
Gold | Mitsubishi Materials Corporation | JAPAN | ||
Gold | Mitsui Mining and Smelting Co., Ltd. | JAPAN | ||
Gold | Moscow Special Alloys Processing Plant | RUSSIAN FEDERATION | ||
Gold | Nadir Metal Rafineri San. Ve Tic. A.S. | TURKEY | ||
Gold | Navoi Mining and Metallurgical Combinat | UZBEKISTAN | ||
Gold | Nihon Material Co., Ltd. | JAPAN | ||
Gold | Ohura Precious Metal Industry Co., Ltd. | JAPAN | ||
Gold | OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet) | RUSSIAN FEDERATION | ||
Gold | PAMP S.A. | SWITZERLAND | ||
Gold | Penglai Penggang Gold Industry Co., Ltd. | CHINA | ||
Gold | Prioksky Plant of Non-Ferrous Metals | RUSSIAN FEDERATION | ||
Gold | PT Aneka Tambang (Persero) Tbk | INDONESIA | ||
Gold | PX Precinox S.A. | SWITZERLAND | ||
Gold | Rand Refinery (Pty) Ltd. | SOUTH AFRICA | ||
Gold | Royal Canadian Mint | CANADA | ||
Gold | Sabin Metal Corp. | UNITED STATES OF AMERICA |
Gold | Samduck Precious Metals | KOREA, REPUBLIC OF | ||
Gold | Samwon Metals Corp. | KOREA, REPUBLIC OF | ||
Gold | SEMPSA Joyeria Plateria S.A. | SPAIN | ||
Gold | Shandong Tiancheng Biological Gold Industrial Co., Ltd. | CHINA | ||
Gold | Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | CHINA | ||
Gold | Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | CHINA | ||
Gold | Sichuan Tianze Precious Metals Co., Ltd. | CHINA | ||
Gold | SOE Shyolkovsky Factory of Secondary Precious Metals | RUSSIAN FEDERATION | ||
Gold | Solar Applied Materials Technology Corp. | TAIWAN, PROVINCE OF CHINA | ||
Gold | Sumitomo Metal Mining Co., Ltd. | JAPAN | ||
Gold | Tanaka Kikinzoku Kogyo K.K. | JAPAN | ||
Gold | Great Wall Precious Metals Co., Ltd. of CBPM | CHINA | ||
Gold | The Refinery of Shandong Gold Mining Co., Ltd. | CHINA | ||
Gold | The Refinery of Shandong Gold Mining Co., Ltd. | CHINA | ||
Gold | Tokuriki Honten Co., Ltd. | JAPAN | ||
Gold | Tongling Nonferrous Metals Group Co., Ltd. | CHINA | ||
Gold | Torecom | KOREA, REPUBLIC OF | ||
Gold | Umicore Brasil Ltda. | BRAZIL | ||
Gold | Umicore S.A. Business Unit Precious Metals Refining | BELGIUM | ||
Gold | United Precious Metal Refining, Inc. | UNITED STATES OF AMERICA | ||
Gold | Valcambi S.A. | SWITZERLAND | ||
Gold | Western Australian Mint (T/a The Perth Mint) | AUSTRALIA | ||
Gold | Yamakin Co., Ltd. | JAPAN | ||
Gold | Yokohama Metal Co., Ltd. | JAPAN | ||
Gold | Zhongyuan Gold Smelter of Zhongjin Gold Corporation | CHINA | ||
Gold | Gold Refinery of Zijin Mining Group Co., Ltd. | CHINA | ||
Gold | Morris and Watson | NEW ZEALAND | ||
Gold | SAFINA A.S. | CZECH REPUBLIC | ||
Gold | Guangdong Jinding Gold Limited | CHINA | ||
Gold | Umicore Precious Metals Thailand | THAILAND | ||
Gold | Geib Refining Corporation | UNITED STATES OF AMERICA | ||
Gold | MMTC-PAMP India Pvt., Ltd. | INDIA | ||
Gold | Republic Metals Corporation | UNITED STATES OF AMERICA | ||
Gold | KGHM Polska Miedz Spolka Akcyjna | POLAND | ||
Gold | Singway Technology Co., Ltd. | TAIWAN, PROVINCE OF CHINA | ||
Gold | Al Etihad Gold LLC | UNITED ARAB EMIRATES |
Gold | Emirates Gold DMCC | UNITED ARAB EMIRATES | ||
Gold | T.C.A S.p.A | ITALY | ||
Gold | Remondis Argentia B.V. | NETHERLANDS | ||
Gold | Korea Zinc Co., Ltd. | KOREA, REPUBLIC OF | ||
Gold | Marsam Metals | BRAZIL | ||
Gold | TOO Tau-Ken-Altyn | KAZAKHSTAN | ||
Gold | Abington Reldan Metals, LLC | UNITED STATES OF AMERICA | ||
Gold | SAAMP | FRANCE | ||
Gold | L'Orfebre S.A. | ANDORRA | ||
Gold | Italpreziosi | ITALY | ||
Gold | SAXONIA Edelmetalle GmbH | GERMANY | ||
Gold | WIELAND Edelmetalle GmbH | GERMANY | ||
Gold | Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH | AUSTRIA | ||
Gold | AU Traders and Refiners | SOUTH AFRICA | ||
Gold | GCC Gujrat Gold Centre Pvt. Ltd. | INDIA | ||
Gold | Sai Refinery | INDIA | ||
Gold | Modeltech Sdn Bhd | MALAYSIA | ||
Gold | Bangalore Refinery | INDIA | ||
Gold | Kyshtym Copper-Electrolytic Plant ZAO | RUSSIAN FEDERATION | ||
Gold | Morris and Watson Gold Coast | AUSTRALIA | ||
Gold | Degussa Sonne / Mond Goldhandel GmbH | GERMANY | ||
Gold | Pease & Curren | UNITED STATES OF AMERICA | ||
Gold | SungEel HiMetal Co., Ltd. | KOREA, REPUBLIC OF | ||
Gold | Planta Recuperadora de Metales SpA | CHILE | ||
Gold | Safimet S.p.A | ITALY | ||
Gold | State Research Institute Center for Physical Sciences and Technology | LITHUANIA | ||
Gold | NH Recytech Company | KOREA, REPUBLIC OF | ||
Gold | DS PRETECH Co., Ltd. | KOREA, REPUBLIC OF | ||
Gold | QG Refining, LLC | UNITED STATES OF AMERICA | ||
Tantalum | Exotech Inc. | UNITED STATES OF AMERICA | ||
Tantalum | Jiujiang Tanbre Co., Ltd. | CHINA | ||
Tantalum | Mitsui Mining and Smelting Co., Ltd. | JAPAN | ||
Tantalum | NPM Silmet AS | ESTONIA | ||
Tantalum | Ningxia Orient Tantalum Industry Co., Ltd. | CHINA | ||
Tantalum | H.C. Starck Co., Ltd. | THAILAND | ||
Tantalum | H.C. Starck Tantalum and Niobium GmbH | GERMANY | ||
Tantalum | H.C. Starck Inc. | UNITED STATES OF AMERICA | ||
Tantalum | Global Advanced Metals Boyertown | UNITED STATES OF AMERICA | ||
Tin | Chenzhou Yunxiang Mining and Metallurgy Co., Ltd. | CHINA |
Tin | Jiangxi Ketai Advanced Material Co., Ltd. | CHINA | ||
Tin | CNMC (Guangxi) PGMA Co., Ltd. | CHINA | ||
Tin | Alpha | UNITED STATES OF AMERICA | ||
Tin | Alpha | UNITED STATES OF AMERICA | ||
Tin | CV Gita Pesona | INDONESIA | ||
Tin | PT Aries Kencana Sejahtera | INDONESIA | ||
Tin | PT Premium Tin Indonesia | INDONESIA | ||
Tin | CV United Smelting | INDONESIA | ||
Tin | Dowa | JAPAN | ||
Tin | EM Vinto | BOLIVIA (PLURINATIONAL STATE OF) | ||
Tin | Estanho de Rondonia S.A. | BRAZIL | ||
Tin | Fenix Metals | POLAND | ||
Tin | Gejiu Non-Ferrous Metal Processing Co., Ltd. | CHINA | ||
Tin | Gejiu Zili Mining And Metallurgy Co., Ltd. | CHINA | ||
Tin | Huichang Jinshunda Tin Co., Ltd. | CHINA | ||
Tin | Gejiu Kai Meng Industry and Trade LLC | CHINA | ||
Tin | China Tin Group Co., Ltd. | CHINA | ||
Tin | Malaysia Smelting Corporation (MSC) | MALAYSIA | ||
Tin | Malaysia Smelting Corporation (MSC) | MALAYSIA | ||
Tin | Metallic Resources, Inc. | UNITED STATES OF AMERICA | ||
Tin | Mineracao Taboca S.A. | BRAZIL | ||
Tin | Minsur | PERU | ||
Tin | Mitsubishi Materials Corporation | JAPAN | ||
Tin | Jiangxi New Nanshan Technology Ltd. | CHINA | ||
Tin | O.M. Manufacturing (Thailand) Co., Ltd. | THAILAND | ||
Tin | Operaciones Metalurgical S.A. | BOLIVIA (PLURINATIONAL STATE OF) | ||
Tin | PT Artha Cipta Langgeng | INDONESIA | ||
Tin | PT Babel Inti Perkasa | INDONESIA | ||
Tin | PT Bangka Tin Industry | INDONESIA | ||
Tin | PT Belitung Industri Sejahtera | INDONESIA | ||
Tin | PT Bukit Timah | INDONESIA | ||
Tin | PT DS Jaya Abadi | INDONESIA | ||
Tin | PT Eunindo Usaha Mandiri | INDONESIA | ||
Tin | PT Karimun Mining | INDONESIA | ||
Tin | PT Mitra Stania Prima | INDONESIA | ||
Tin | PT Panca Mega Persada | INDONESIA | ||
Tin | PT Prima Timah Utama | INDONESIA | ||
Tin | PT Refined Bangka Tin | INDONESIA | ||
Tin | PT Sariwiguna Binasentosa | INDONESIA | ||
Tin | PT Stanindo Inti Perkasa | INDONESIA |
Tin | PT Sumber Jaya Indah | INDONESIA | ||
Tin | PT Timah (Persero) Tbk Kundur | INDONESIA | ||
Tin | PT Timah (Persero) Tbk Mentok | INDONESIA | ||
Tin | PT Tinindo Inter Nusa | INDONESIA | ||
Tin | PT Tommy Utama | INDONESIA | ||
Tin | Rui Da Hung | TAIWAN, PROVINCE OF CHINA | ||
Tin | Soft Metais Ltda. | BRAZIL | ||
Tin | Thaisarco | THAILAND | ||
Tin | Thaisarco | THAILAND | ||
Tin | Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. | CHINA | ||
Tin | White Solder Metalurgia e Mineracao Ltda. | BRAZIL | ||
Tin | Yunnan Chengfeng Non-ferrous Metals Co., Ltd. | CHINA | ||
Tin | Yunnan Chengfeng Non-ferrous Metals Co., Ltd. | CHINA | ||
Tin | Yunnan Chengfeng Non-ferrous Metals Co., Ltd. | CHINA | ||
Tin | Yunnan Tin Company Limited | CHINA | ||
Tin | Yunnan Tin Company Limited | CHINA | ||
Tin | Yunnan Tin Company Limited | CHINA | ||
Tin | CV Venus Inti Perkasa | INDONESIA | ||
Tin | Magnu's Minerais Metais e Ligas Ltda. | BRAZIL | ||
Tin | Melt Metais e Ligas S.A. | BRAZIL | ||
Tin | PT ATD Makmur Mandiri Jaya | INDONESIA | ||
Tin | O.M. Manufacturing Philippines, Inc. | PHILIPPINES | ||
Tin | PT Inti Stania Prima | INDONESIA | ||
Tin | CV Ayi Jaya | INDONESIA | ||
Tin | Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company | VIET NAM | ||
Tin | Nghe Tinh Non-Ferrous Metals Joint Stock Company | VIET NAM | ||
Tin | Tuyen Quang Non-Ferrous Metals Joint Stock Company | VIET NAM | ||
Tin | CV Dua Sekawan | INDONESIA | ||
Tin | CV Tiga Sekawan | INDONESIA | ||
Tin | An Vinh Joint Stock Mineral Processing Company | VIET NAM | ||
Tin | Resind Industria e Comercio Ltda. | BRAZIL | ||
Tin | Super Ligas | BRAZIL | ||
Tin | Metallo Belgium N.V. | BELGIUM | ||
Tin | Metallo Spain S.L.U. | SPAIN | ||
Tin | PT Bangka Prima Tin | INDONESIA | ||
Tin | PT Sukses Inti Makmur | INDONESIA | ||
Tin | PT Kijang Jaya Mandiri | INDONESIA | ||
Tin | PT Menara Cipta Mulia | INDONESIA | ||
Tin | HuiChang Hill Tin Industry Co., Ltd. | CHINA |
Tin | Gejiu Fengming Metallurgy Chemical Plant | CHINA | ||
Tin | Guanyang Guida Nonferrous Metal Smelting Plant | CHINA | ||
Tin | Modeltech Sdn Bhd | MALAYSIA | ||
Tin | PT Lautan Harmonis Sejahtera | INDONESIA | ||
Tin | Guangdong Hanhe Non-Ferrous Metal Co., Ltd. | CHINA | ||
Tin | Chifeng Dajingzi Tin Industry Co., Ltd. | CHINA | ||
Tin | PT Bangka Serumpun | INDONESIA | ||
Tin | Pongpipat Company Limited | MYANMAR | ||
Tin | Tin Technology & Refining | UNITED STATES OF AMERICA | ||
Tin | Gejiu Jinye Mineral Company | CHINA | ||
Tungsten | A.L.M.T. TUNGSTEN Corp. | JAPAN | ||
Tungsten | Kennametal Huntsville | UNITED STATES OF AMERICA | ||
Tungsten | Kennametal Huntsville | UNITED STATES OF AMERICA | ||
Tungsten | Kennametal Huntsville | UNITED STATES OF AMERICA | ||
Tungsten | Chongyi Zhangyuan Tungsten Co., Ltd. | CHINA | ||
Tungsten | Fujian Jinxin Tungsten Co., Ltd. | CHINA | ||
Tungsten | Global Tungsten & Powders Corp. | UNITED STATES OF AMERICA | ||
Tungsten | Global Tungsten & Powders Corp. | UNITED STATES OF AMERICA | ||
Tungsten | Japan New Metals Co., Ltd. | JAPAN | ||
Tungsten | Ganzhou Huaxing Tungsten Products Co., Ltd. | CHINA | ||
Tungsten | Kennametal Fallon | UNITED STATES OF AMERICA | ||
Tungsten | Xinhai Rendan Shaoguan Tungsten Co., Ltd. | CHINA | ||
Tungsten | Jiangxi Yaosheng Tungsten Co., Ltd. | CHINA | ||
Tungsten | Xiamen Tungsten (H.C.) Co., Ltd. | CHINA | ||
Tungsten | Jiangxi Gan Bei Tungsten Co., Ltd. | CHINA | ||
Tungsten | H.C. Starck Tungsten GmbH | GERMANY | ||
Tungsten | Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC | VIET NAM | ||
Tungsten | Niagara Refining LLC | UNITED STATES OF AMERICA | ||
Tungsten | Hydrometallurg, JSC | RUSSIAN FEDERATION |
Our efforts to determine the mine or location of origin of the Conflict Minerals in the Covered Products consisted of the due diligence measures described in this Report. In particular, because independent third party audit programs validate whether sufficient evidence exists regarding country, mine and/or location of origin of the Conflict Minerals that the audited smelter or refiner facilities have processed, we relied on the information made available by such programs for the smelters and refiners in our supply chain. Dynasil was unable to ascertain the country of origin and/or chain of custody of all necessary Conflict Minerals processed by these facilities because, for this reporting period, certain smelter and refiner facilities had not yet received a “conflict free” designation from an independent third party audit program. Incomplete Survey responses, even when combined with the Company’s further diligence efforts, meant that the Company was not able to conclude whether the Conflict Minerals originated in the Covered Countries, and if so, whether the Conflict Minerals were from recycled or scrap sources, were DRC conflict-free or had not been found to be DRC conflict-free.
Independent Private Sector Audit
This Report has not been subject to an independent private sector audit as permitted under Rule 13p-1 and recent SEC guidance.
Risk Mitigation Steps
Dynasil has taken and expects to continue to take the following steps, among others, to improve its due diligence measures and to further mitigate the risk that the necessary Conflict Minerals contained in our products benefit armed groups in the Covered Countries:
- | continue to engage suppliers to obtain current, accurate and complete information about the supply chain; |
- | encourage suppliers to implement responsible sourcing and to have them encourage smelters and refiners to obtain a “conflict-free” designation from an independent, third-party auditor; and |
- | engage in industry initiatives encouraging “conflict-free” supply chains. |