Exhibit 1.01
General Electric Company
2014 Conflict Minerals Report
Introduction
General Electric Company ("GE" or the "Company") has prepared this Report for the year ended December 31, 2014 to satisfy the requirements of Rule 13p-1 of the Securities Exchange Act. GE manufactures a wide range of products that contain tin, tantalum, tungsten or gold ("3TG" or "Conflict Minerals"), but GE does not purchase ore or unrefined Conflict Minerals from mines and generally is many steps removed in the supply chain from the mining of these minerals. We purchase materials from a wide network of suppliers so we necessarily rely on them to assist with our reasonable country of origin inquiry. After performing a reasonable country of origin inquiry and due diligence for 2014, we have not been able to establish the conflict status of our products, due to the continued unavailability of complete information across our broad and deep supply chain. However, in 2014, the number of smelters and refiners in our supply chain that have been verified to be conflict-free substantially increased in comparison to 2013, as described under "Continuous improvement" below.
This Report describes:
| the due diligence we performed for 2014, including the steps we took to mitigate the risk that Conflict Minerals in our products benefit armed groups; |
| the products that we have reason to believe might contain 3TG originating from the Democratic Republic of the Congo or an adjoining country (collectively, the "Covered Countries"); |
| information known about the facilities and countries of origin of the 3TG in those products; |
| acronyms used in this Report; and |
| where you can find additional information about our Conflict Minerals program. |
Due Diligence
1. | Design of GE's due diligence measures |
GE has adopted Conflict Minerals Guidelines (the "Guidelines") that lay out the design of its Conflict Minerals due diligence process. The Guidelines describe procedures that each GE business is expected to use to perform due diligence on the source and origin of 3TG contained in products it manufactures. GE management designed our due diligence measures to conform in material respects to the OECD Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (the "OECD Guidance"), the Supplement on Tin, Tantalum, and Tungsten (the "Supplement"), and the Supplement on Gold.
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2. | Description of GE's due diligence measures for 2014 |
This description of due diligence measures refers to measures performed at the GE corporate level and by the following GE businesses: Appliances & Lighting, Aviation, Energy Management, Healthcare, Oil & Gas, Power & Water and Transportation. This description is presented pursuant to the organizational structure of the Five-Step Framework for Risk-Based Due Diligence in the Mineral Supply Chain contained in the OECD Guidance, as elaborated for downstream companies in the Supplement.
Step 1: Establish strong company management systems
A. | Adopt and commit to a supply chain policy for minerals originating from conflict-affected and high-risk areas |
The Guidelines contain the operative provisions of GE's Statement on Conflict Minerals, which can be found on GE's website (see "Additional Resources" below), as well as the process for ensuring that risks are adequately managed. GE Corporate created and disseminated the Guidelines to each GE business for execution of GE's Conflict Minerals due diligence process. Additional GE policies that relate to the due diligence measures contained in the OECD Guidance are incorporated into GE's policy document The Spirit & the Letter, which can be found on GE's website (see "Additional Resources" below).
B. | Structure internal management systems to support supply chain due diligence |
GE corporate. A senior GE executive, supported by a senior GE lawyer, has oversight responsibility for GE's Statement on Conflict Minerals, including the establishment of processes and procedures to carry out this statement.
GE businesses. Each GE business has:
| established a system to support performance of due diligence on its supply chain; |
| documented that system in a written business program; and |
| assigned personnel responsible for executing the business program. |
Internal reporting. For 2014, GE Corporate used the following Conflict Minerals due diligence reporting mechanisms:
| Reporting within GE businesses: Each GE business conducted one or more reviews of its Conflict Minerals due diligence program with senior management in its Sourcing organization covering measurements relating to efforts to achieve supply chain transparency; |
| Communicating across GE businesses: Representatives of GE businesses and others having responsibilities for executing Conflict Minerals due diligence held regularly scheduled calls to discuss design and modification of the due diligence process, share best practices among the businesses, and monitor progress in executing the due diligence process; and |
| Reporting to GE Corporate Sourcing and Controllership leaders: Reports on GE's progress in completing Conflict Minerals due diligence have been made periodically to GE's Sourcing Council, which comprises GE corporate executives responsible for supply chain programs and the leads of the Sourcing organizations of GE's businesses; and to GE Controllership on "Leadership Brief" calls, attended by GE's Vice President and Controller and other senior management responsible for GE's Securities and Exchange Commission reporting. |
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C. | Establish a system of controls and transparency over the mineral supply chain |
Identifying suppliers. Each GE business identified:
| Relevant Suppliers: suppliers that provide inputs to GE products that are known or are likely to contain 3TG through a process that is based on an examination of internal records such as bills of material or other product specifications, a qualitative review of sourcing records, or information provided by the supplier; and |
| Significant Suppliers: those suppliers within the universe of Relevant Suppliers that are most significant to GE's Conflict Minerals program using criteria developed by the business, such as the amount of sourcing spend with the supplier. |
Identifying smelters and refiners in the supply chain. Each GE business identified all smelters and refiners of Conflict Minerals that are first-tier suppliers to GE and used its best efforts to collect relevant data from Significant Suppliers using a survey tool developed by GE based on the Conflict-Free Sourcing Initiative's ("CFSI") Conflict Minerals Reporting Template ("CMRT"). The survey tool is designed to collect, manage and archive (for at least five years) supplier information relevant for Conflict Minerals due diligence including, among other things, the identity of smelters and refiners of 3TG in the supplier's supply chain. For 2014, GE sought to improve the quality of survey results by applying standardized criteria, based on the CMRT, for assessing the acceptability of survey responses.
Conducting a reasonable country of origin inquiry. For upstream due diligence to identify countries of origin and other relevant information concerning the conflict status of metals produced by the smelters and refiners identified in GE's supply chain, GE relies on the information made available through the Conflict-Free Smelter Program ("CFSP") administered by CFSI. GE relied on this information to identify (1) the conflict status of 3TG processed by these smelters and refiners; and (2) the countries of origin of ores in the supply chains of these smelters and refiners that were listed by the CFSP as having been verified to be conflict-free during 2014. Where the CFSP data showed that ores utilized by one or more of these smelters or refiners originated in one or more of the Covered Countries, GE concluded that there is reason to believe that 3TG from the Covered Countries is present in the products of the business in the supply chain for which such smelters or refiners were reported. Due to business confidentiality and other competitive concerns, as recognized by the Supplement, the CFSP does not publish detailed information on specific mine and location of origin of ores that feed the smelters and refiners subject to verification reviews. Consequently, no such information is provided in this Report. CFSP's efforts to determine such information is described on the CFSI website (see "Additional Resources" below).
D. | Strengthen company engagement with suppliers |
Regular communications. GE regularly communicated its expectations on responsible supply chains of Conflict Minerals by transmitting surveys and other communications from the sourcing organizations of the GE businesses to Significant Suppliers and other Relevant Suppliers using an electronic survey tool.
Contractual obligations. Each GE business contractually obligated Relevant Suppliers to (1) adopt policies and establish systems to use best efforts to procure Conflict Minerals from sources that have been verified as conflict free; (2) provide supporting data on their 3TG supply chains to GE when requested; and (3) provide GE with the rights to audit and terminate the contract in the event of material non-compliance. These obligations are reflected in GE's Integrity Guide for Suppliers, Contractors and Consultants ("Integrity Guide"), which can be found on GE's website (see "Additional Resources" below). Purchase order and contract terms and conditions in use by GE businesses bind suppliers to conform their behavior to the Integrity Guide.
E. | Establish a company level grievance mechanism |
Integrity Guide. The Integrity Guide provides four separate methods for suppliers and supplier personnel to raise concerns about matters that are subject to the Integrity Guide, including GE's expectations of suppliers concerning Conflict Minerals.
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Open reporting system. Each GE business also has an open reporting system through which employees and third parties may report concerns about policy violations, including concerns related to our Conflict Minerals policies. Concerns can be reported anonymously or for attribution through several channels, including the employee's manager, GE's legal department, or the relevant GE compliance officer, by calling the GE integrity hotline, or by emailing the GE Ombudsman.
No retaliation. Both the Integrity Guide and the open reporting system forbid retaliation against any person reporting an integrity concern.
Step 2: Identify and assess supply chain risks
A. | Use best efforts to identify the smelters and refiners in the supply chain |
During 2014, using the processes described above under "Establish a system of controls and transparency over the mineral supply chain," GE businesses identified 8,947 Relevant Suppliers (down from 9,874 in 2013), including 2,347 Significant Suppliers (down from 3,191 in 2013). Significant Suppliers identified 258 smelters and refiners of 3TG in their supply chains (up from 203 in 2013). See Table A below for a complete list of identified smelters and refiners and their validation status under the CFSI CFSP.
B. | Identify the scope of the risk assessment of the mineral supply chain |
Engaging with suppliers. GE's Conflict Minerals supplier survey asked suppliers to identify smelters or refiners from which they made direct purchases of products containing 3TG (first-tier smelters or refiners to our first-tier suppliers), and during 2014, a number of GE suppliers reported the identities of first-tier smelters or refiners in their supply chains. In 2014, GE continued to communicate to these suppliers encouraging them to impose requirements on their first-tier smelters and refiners consistent with those that GE imposes on its first-tier suppliers, as described under "Devise and adopt a risk management plan" below.
Engaging with smelters and refiners. In addition to engaging with smelters and refiners through the CFSP, GE engaged independently with tungsten smelters from which GE Lighting buys tungsten-bearing products directly ("first-tier tungsten smelters") to encourage them to participate in the smelter validation process of the CFSP. See "Devise and adopt a risk management plan" below for additional information on this engagement.
C. | Assess whether the smelters and refiners have carried out all elements of due diligence for responsible supply chains of minerals from conflict-affected and high-risk areas |
Each GE business conducted due diligence to determine the degree of compliance by suppliers with the contractual obligations laid out in the Guidelines and the accuracy of reported information based on a risk analysis and with separate levels of intensity that depend upon risk of non-compliance. Measures may include reviewing supplier responses for completeness, accuracy and credibility, and confirming smelter status by checking against the CFSI's Conflict Free Smelter list or other list of smelters that have been verified in accordance with OECD Guidance.
D. | Where necessary, carry out joint spot checks at the mineral smelter or refiner's own facilities (including through participation in industry-driven programs) |
First-tier suppliers. Each GE business is responsible for confirming that each of its first-tier suppliers that are smelters and refiners (if any):
| has a policy and procedures to eliminate sourcing of conflict-supporting minerals; |
| has been subject to an audit of the origin of their 3TG supplies conducted in accordance with OECD Guidance or has made a firm commitment to undergo such an audit as soon as it can be scheduled; and |
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| passes the audit as being conflict-free or, having failed the audit, has established and put into place a plan to correct process deficiencies by the end of the relevant reporting period. |
Lower-tier (upstream) suppliers. In accordance with OECD Guidance, including its audit recommendations for downstream companies, GE implemented upstream audits by participating in and cooperating with industry organizations. GE is a partner company of CFSI and has, periodically, supported CFSI and CFSP through membership on governance committees and providing financial assistance and in-kind assistance with CFSP smelter validation. As such, GE relied on the CFSP to conduct risk assessment at the upstream level. For each smelter identified in its supply chain at the first or lower tiers, each GE business assessed the information available from the CFSP (or other audits conducted in accordance with OECD Guidance) to determine whether there were any "red flags" (as defined in OECD Guidance).
Step 3: Design and implement a strategy to respond to identified risks
A. | Report findings to designated senior management |
See "Structure internal management systems to support supply chain due diligence" above for a description of GE's Conflict Minerals due diligence internal reporting processes.
B. | Devise and adopt a risk management plan |
Across GE. Each GE business periodically compiles a report of Conflict Minerals risks identified in its supply chain at both the downstream and upstream levels for review by the GE business executive-level program owner to determine appropriate steps to take in mitigating any risks identified in the reports. In 2014, these steps focused on reducing risk by engaging those first-tier suppliers that reported purchases directly from smelters or refiners to encourage those smelters or refiners (GE's second-tier smelters or refiners) to maintain programs to eliminate from their supply chains minerals from conflict mines and become verified as conflict-free under the CFSP or a similar program.
GE Lighting. As noted above, GE Lighting has first-tier tungsten smelters in its supply chain, and, building on engagement with these smelters begun by GE Lighting as early as 2009, GE Lighting and GE Corporate in 2014 participated with the CFSP in meetings with representatives of the tungsten smelter industry to encourage tungsten smelter participation in the CFSP. Currently, 100% of the first-tier tungsten smelters that provided product to GE Lighting North America in 2014 have been verified as conflict-free under the CFSP or are scheduled for a CFSP audit, and GE Lighting has suspended purchases from first-tier tungsten smelters that are not verified or scheduled for a verification audit.
Step 4: Carry out independent 3rd-party audit of smelters/refiners' due diligence practices
See "Where necessary, carry out joint spot checks at the mineral smelter or refiner's own facilities (including through participation in industry-driven programs)" above for a discussion of how GE conducted risk assessment at the upstream level.
Step 5: Report annually on supply chain due diligence
In addition to filing this Report, GE's Sustainability Report contains descriptions of its Conflict Minerals program, including a discussion of our due diligence process and progress in accomplishing the goals of our Statement on Conflict Minerals (see "Additional Resources" below).
3. | Continuous improvement |
2014 | progress. For 2014, GE continued to focus on: |
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| due diligence to improve the transparency in its Conflict Minerals supply chain, increasing the number of identified 3TG smelters and refiners in its supply chain by 27% to 258 in 2014; and |
| supplier engagement to reduce Conflict Minerals supply chain risk, increasing the number of smelters and refiners in our supply chain that have been verified to be conflict-free by 93% to 137 in 2014. As a result, more than 50% of the smelters and refiners in our supply chain have been verified to be conflict-free. |
2015 actions to improve due diligence and supplier engagement. GE intends to take the following steps in 2015 to improve due diligence and thereby mitigate the risk that Conflict Minerals in GE products may benefit armed groups:
| endeavor to continue to improve the percentage of Significant Suppliers responding to GE's supply chain surveys and the quality of their responses, by intensifying communication with suppliers and spreading across the GE businesses best practices learned during execution of the due diligence process in 2014; and |
| intensify the identification of and communication with GE's second-tier smelters and refiners – that is, those smelters and refiners that sell 3TG directly to GE's first-tier suppliers – in order to continue to increase the number of smelters and refiners that participate in the CFSP. |
Description of Products Manufactured by GE in 2014
Appliances & Lighting
| Major home appliances including refrigerators, freezers, electric and gas ranges, cooktops, dishwashers, clothes washers and dryers, microwave ovens, room air conditioners, residential water systems for filtration, softening and heating, and hybrid water heaters |
| Lighting products for consumer, commercial, and industrial applications, including incandescent, halogen, fluorescent, high-intensity discharge, light-emitting diode, automotive and miniature products |
Aviation
| Jet engines, turboprop and turbo shaft engines, and related replacement parts for use in military and commercial aircraft |
| Aerospace systems and equipment, including airborne platform computing systems, power generation and distribution products, mechanical actuation products and landing gear |
| Various engine components for use in both military and commercial aircraft |
Energy Management
| Integrated electrical products and systems used to distribute, protect and control energy and equipment, including electrical distribution and control products, lighting and power panels, switchgear and circuit breakers for a variety of residential, commercial, consumer and industrial applications |
| Industrial-strength communications equipment |
| Smart meters |
| Monitoring and diagnostics equipment |
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| Advanced analytics equipment |
| Advanced motor, drives and control equipment |
| Automation equipment, including single board computers, motion control and operator interface equipment |
Healthcare
| Medical diagnostic imaging and information equipment, including magnetic resonance, computed tomography and positron emission tomography scanners |
| X-ray, nuclear imaging, digital mammography, and molecular imaging equipment |
| Medical diagnostics, and patient monitoring systems |
| Disease research, drug discovery and biopharmaceutical manufacturing products |
| Equipment for patient and resident monitoring, diagnostic cardiology, ultrasound, bone densitometry, anesthesiology and oxygen therapy, and neonatal and critical care devices |
| Medical diagnostics and life sciences products, including diagnostic imaging agents used in medical scanning procedures, drug discovery, biopharmaceutical manufacturing and purification |
| Tools for protein and cellular analysis for pharmaceutical and academic research, including existing and a pipeline of precision molecular diagnostics in development for neurology, cardiology and oncology applications |
Oil & Gas
| Equipment for the global oil and gas industry, used in applications ranging from drilling through production |
| Equipment for liquefied natural gas and pipeline compression, pipeline inspection, and downstream processing in refineries and petrochemical plants |
| Surface and subsea drilling and production equipment |
| Equipment for floating production platforms |
| Compressors |
| Turbines |
| Turboexpanders |
| High pressure reactors |
| Industrial power generation and auxiliary equipment |
| Sensors for temperature, pressure, moisture, gas and flow rate |
| Non-destructive testing inspection equipment, including radiographic, including ultrasonic, remote visual and eddy current equipment |
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Power & Water
| Products and services related to energy production, including gas turbines and generators used principally for generation of electricity and for industrial cogeneration and mechanical drive applications |
| Integrated gasification combined cycle systems |
| Steam turbines and generators for fossil-fired, combined cycle, integrated gasification combined cycle, renewable, industrial, petrochemical, and nuclear applications |
| Wind turbines |
| Aircraft engine derivatives for use as industrial power sources |
| Nuclear reactors and fuel for boiling water reactors |
| Industrial and municipal water systems products, including specialty chemicals, water purification systems, pumps, valves, filters and fluid handling equipment, including mobile treatment systems and desalination equipment. |
Transportation
| High-horsepower, diesel-electric locomotives and kits |
| Train control products, and signaling systems |
| Drive technology products for the mining, transit, marine and stationary, and drilling industries |
| Mining products with a focus on underground mining |
Information Known to GE about 3TG in GE products
GE manufactures a wide range of products that contain Conflict Minerals, but GE does not purchase ore or unrefined conflict minerals from mines and generally is many steps removed in the supply chain from the mining of these minerals. We purchase materials from a wide network of suppliers so we necessarily rely on them to assist with our reasonable country of origin inquiry. After performing a reasonable country of origin inquiry and due diligence for 2014, we have not been able to establish the conflict status of our products, due to the continued unavailability of complete information across our broad and deep supply chain.
Facilities Used to Process 3TG in GE Products
GE obtained information about the facilities used to process 3TG in GE products through the downstream due diligence activities described in this Report. Table A below contains a list of smelters and refiners that GE suppliers identified as being present in their supply chains that GE believes may have processed 3TG contained in GE products.
Countries of Origin of 3TG in GE Products
GE obtained information about the country of origin and mine or location of origin of 3TG in GE products through reliance on the CFSP's upstream audits of smelters and refiners in GE's supply chain described in this Report. Table B below contains a list of known countries of origin of 3TG used by smelters and refiners that GE suppliers identified as being present in their supply chains.
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Table A
Summary of Smelters and Refiners
# of Smelters and Refiners Reported in Our Supply Chain
A. CFSI Compliant Smelters & Refiners1 | B. CFSI Participating Smelters & Refiners2 | C. Other Smelters & Refiners3 | Total | |||||
2013 | 2014 | 2013 | 2014 | 2013 | 2014 | 2013 | 2014 | |
Tantalum | 20 | 38 | 1 | 1 | 2 | 2 | 23 | 41 |
Tin | 13 | 28 | 12 | 22 | 42 | 23 | 67 | 73 |
Tungsten | 0 | 11 | 15 | 20 | 6 | 4 | 21 | 35 |
Gold | 38 | 60 | 36 | 7 | 18 | 42 | 92 | 109 |
(1) | Audited by the CFSI and have been found to be compliant with the CFSI's Conflict-Free Smelter Program. |
(2) | In the process of being audited by the CFSI, including, for 2014, 19 tungsten smelters that have agreed to complete a CFSP audit within two years of joining the Tungsten Industry – Conflict Minerals Council. |
(3) | Have not commenced the process of being audited by the CFSI. |
A. CFSI Compliant Smelters and Refiners for 2014 | ||
Metal | Smelter/Refiner Name | Smelter/Refiner Location |
Gold | Allgemeine Gold-und Silberscheideanstalt A.G. | Germany |
Gold | AngloGold Ashanti Córrego do Sítio Minerção | Brazil |
Gold | Argor-Heraeus SA | Switzerland |
Gold | Asahi Pretec Corporation | Japan |
Gold | Atasay Kuyumculuk Sanayi Ve Ticaret A.S. | Turkey |
Gold | Aurubis AG | Germany |
Gold | Boliden AB | Sweden |
Gold | C. Hafner GmbH + Co. KG | Germany |
Gold | CCR Refinery – Glencore Canada Corporation | Canada |
Gold | Chimet S.p.A. | Italy |
Gold | Dowa | Japan |
Gold | Eco-System Recycling Co., Ltd. | Japan |
Gold | Heimerle + Meule GmbH | Germany |
Gold | Heraeus Ltd. Hong Kong | Hong Kong |
Gold | Heraeus Precious Metals GmbH & Co. KG | Germany |
Gold | Ishifuku Metal Industry Co., Ltd. | Japan |
Gold | Istanbul Gold Refinery | Turkey |
Gold | Japan Mint | Japan |
Gold | Johnson Matthey Inc | United States |
Gold | Johnson Matthey Ltd | Canada |
Gold | JSC Ekaterinburg Non-Ferrous Metal Processing Plant | Russian Federation |
Gold | JX Nippon Mining & Metals Co., Ltd. | Japan |
Gold | Kazzinc Ltd | Kazakhstan |
Gold | Kennecott Utah Copper LLC | United States |
Gold | Kojima Chemicals Co., Ltd | Japan |
Gold | L' azurde Company For Jewelry | Saudi Arabia |
Gold | LS-NIKKO Copper Inc. | Korea, Republic of |
Gold | Materion | United States |
Gold | Matsuda Sangyo Co., Ltd. | Japan |
Gold | Metalor Technologies (Hong Kong) Ltd | Hong Kong |
Gold | Metalor Technologies (Singapore) Pte. Ltd. | Singapore |
Gold | Metalor Technologies SA | Switzerland |
Gold | Metalor USA Refining Corporation | United States |
Gold | Met-Mex Peñoles, S.A. | Mexico |
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Gold | Mitsubishi Materials Corporation | Japan |
Gold | Mitsui Mining and Smelting Co., Ltd. | Japan |
Gold | Nadir Metal Rafineri San. Ve Tic. A.Ş. | Turkey |
Gold | Nihon Material Co. LTD | Japan |
Gold | Ohio Precious Metals, LLC | United States |
Gold | Ohura Precious Metal Industry Co., Ltd | Japan |
Gold | OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastvetmet) | Russian Federation |
Gold | PAMP SA | Switzerland |
Gold | PT Aneka Tambang (Persero) Tbk | Indonesia |
Gold | PX Précinox SA | Switzerland |
Gold | Rand Refinery (Pty) Ltd | South Africa |
Gold | Royal Canadian Mint | Canada |
Gold | Schone Edelmetaal | Netherlands |
Gold | SEMPSA Joyería Platería SA | Spain |
Gold | Shandong Zhaojin Gold & Silver Refinery Co. Ltd | China |
Gold | Solar Applied Materials Technology Corp. | Taiwan |
Gold | Sumitomo Metal Mining Co., Ltd. | Japan |
Gold | Tanaka Kikinzoku Kogyo K.K. | Japan |
Gold | The Refinery of Shandong Gold Mining Co. Ltd | China |
Gold | Tokuriki Honten Co., Ltd | Japan |
Gold | Umicore Brasil Ltda | Brazil |
Gold | Umicore Precious Metals Thailand | Thailand |
Gold | Umicore SA Business Unit Precious Metals Refining | Belgium |
Gold | United Precious Metal Refining, Inc. | United States |
Gold | Valcambi SA | Switzerland |
Gold | Western Australian Mint trading as The Perth Mint | Australia |
Tungsten | Ganzhou Huaxing Tungsten Products Co., Ltd. | China |
Tungsten | Ganzhou Jiangwu Ferrotungsten Co., Ltd. | China |
Tungsten | Ganzhou Seadragon W & Mo Co., Ltd. | China |
Tungsten | Global Tungsten & Powders Corp. | United States |
Tungsten | Hunan Chunchang Nonferrous Metals Co., Ltd. | China |
Tungsten | Japan New Metals Co Ltd | Japan |
Tungsten | Jiangxi Gan Bei Tungsten Co., Ltd. | China |
Tungsten | Malipo Haiyu Tungsten Co., Ltd. | China |
Tungsten | Vietnam Youngsun Tungsten Industry Co., Ltd | Vietnam |
Tungsten | Xiamen Tungsten (H.C.) Co., Ltd. | China |
Tungsten | Xiamen Tungsten Co., Ltd. | China |
Tin | Alpha | United States |
Tin | CV United Smelting | Indonesia |
Tin | Dowa | Japan |
Tin | Gejiu Non-Ferrous Metal Processing Co. Ltd. | China |
Tin | Magnu's Minerais Metais e Ligas LTDA | Brazil |
Tin | Malaysia Smelting Corporation (MSC) | Malaysia |
Tin | Melt Metais e Ligas S/A | Brazil |
Tin | Metallo Chimique | Belgium |
Tin | Mineração Taboca S.A. | Brazil |
Tin | Minsur | Peru |
Tin | Mitsubishi Materials Corporation | Japan |
Tin | OMSA | Bolivia |
Tin | PT ATD Makmur Mandiri Jaya | Indonesia |
Tin | PT Babel Inti Perkasa | Indonesia |
Tin | PT Bangka Putra Karya | Indonesia |
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Tin | PT Bangka Tin Industry | Indonesia |
Tin | PT Bukit Timah | Indonesia |
Tin | PT DS Jaya Abadi | Indonesia |
Tin | PT Eunindo Usaha Mandiri | 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 Tambang Timah | Indonesia |
Tin | PT Timah (Persero), Tbk | Indonesia |
Tin | Thaisarco | Thailand |
Tin | White Solder Metalurgia e Mineração Ltda. | Brazil |
Tin | Yunnan Tin Company, Ltd. | China |
Tantalum | Changsha South Tantalum Niobium Co., Ltd. | China |
Tantalum | Conghua Tantalum and Niobium Smeltry | China |
Tantalum | Duoluoshan | China |
Tantalum | Exotech Inc. | United States |
Tantalum | F&X Electro-Materials Ltd. | China |
Tantalum | Global Advanced Metals Aizu | Japan |
Tantalum | Global Advanced Metals Boyertown | United States |
Tantalum | Guangdong Zhiyuan New Material Co., Ltd. | China |
Tantalum | H.C. Starck Co., Ltd. | Thailand |
Tantalum | H.C. Starck GmbH Goslar | Germany |
Tantalum | H.C. Starck GmbH Laufenburg | Germany |
Tantalum | H.C. Starck Hermsdorf GmbH | Germany |
Tantalum | H.C. Starck Inc. | United States |
Tantalum | H.C. Starck Ltd. | Japan |
Tantalum | H.C. Starck Smelting GmbH & Co.KG | Germany |
Tantalum | Hengyang King Xing Lifeng New Materials Co., Ltd. | China |
Tantalum | Hi-Temp | United States |
Tantalum | JiuJiang JinXin Nonferrous Metals Co., Ltd. | China |
Tantalum | Jiujiang Tanbre Co., Ltd. | China |
Tantalum | Jiujiang Zhongao Tantalum & Niobium Co, Ltd | China |
Tantalum | KEMET Blue Metals | Mexico |
Tantalum | KEMET Blue Powder | United States |
Tantalum | LSM Brasil S.A. | Brazil |
Tantalum | Metallurgical Products India (Pvt.) Ltd. | India |
Tantalum | Mineração Taboca S.A. | Brazil |
Tantalum | Mitsui Mining & Smelting | Japan |
Tantalum | Molycorp Silmet A.S. | Estonia |
Tantalum | Ningxia Orient Tantalum Industry Co., Ltd. | China |
Tantalum | Plansee SE Liezen | Austria |
Tantalum | Plansee SE Reutte | Austria |
Tantalum | QuantumClean | United States |
Tantalum | RFH Tantalum Smeltry Co., Ltd | China |
Tantalum | Solikamsk Magnesium Works OAO | Russian Federation |
Tantalum | Taki Chemicals | Japan |
Tantalum | Telex | United States |
Tantalum | Ulba | Kazakhstan |
Tantalum | Yichun Jin Yang Rare Metal Co., Ltd | China |
Tantalum | Zhuzhou Cement Carbide | China |
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B. CFSI Participating Smelters and Refiners for 2014 | ||
Metal | Smelter/Refiner Name | Smelter/Refiner Location |
Gold | Aida Chemical Industries Co. Ltd. | Japan |
Gold | Asaka Riken Co Ltd | Japan |
Gold | Cendres & Métaux SA | Switzerland |
Gold | Sabin Metal Corp. | United States |
Gold | SOE Shyolkovsky Factory of Secondary Precious Metals | Russian Federation |
Gold | YAMAMOTO PRECIOUS METAL CO., LTD. | Japan |
Gold | Yokohama Metal Co Ltd | Japan |
Tungsten | A.L.M.T. Corp. | Japan |
Tungsten | Chenzhou Diamond Tungsten Products Co,. Ltd. | China |
Tungsten | Chongyi Zhangyuan Tungsten Co Ltd | China |
Tungsten | Dayu Weiliang Tungsten Co., Ltd. | China |
Tungsten | Fujian Jinxin Tungsten Co., Ltd. | China |
Ganzhou Non-ferrous Metals Smelting Co., Ltd. | China | |
Tungsten | Guangdong Xianglu Tungsten Co., Ltd. | China |
Tungsten | H.C. Starck GmbH | Germany |
Tungsten | H.C. Starck Smelting GmbH & Co.KG | Germany |
Tungsten | Hunan Chenzhou Mining Group Co., Ltd. | China |
Tungsten | Jiangwu H.C. Starck Tungsten Products Co., Ltd. | China |
Tungsten | Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. | China |
Tungsten | Jiangxi Xinsheng Tungsten Industry Co., Ltd. | China |
Tungsten | Jiangxi Yaosheng Tungsten Co., Ltd. | China |
Tungsten | Kennametal Fallon | United States |
Tungsten | Kennametal Huntsville | United States |
Tungsten | Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC | Vietnam |
Tungsten | Wolfram Bergbau und Hütten AG | Austria |
Tungsten | Wolfram Company CJSC | Russian Federation |
Tungsten | Xinhai Rendan Shaoguan Tungsten Co., Ltd. | China |
Tin | China Tin Group Co., Ltd. | China |
Tin | Cooper Santa | Brazil |
Tin | CV Gita Pesona | Indonesia |
Tin | CV JusTindo | Indonesia |
Tin | CV Nurjanah | Indonesia |
Tin | CV Serumpun Sebalai | Indonesia |
Tin | EM Vinto | Bolivia |
Tin | Fenix Metals | Poland |
Tin | O.M. Manufacturing (Thailand) Co., Ltd. | Thailand |
Tin | O.M. Manufacturing Philippines, Inc. | Philippines |
Tin | PT Artha Cipta Langgeng | Indonesia |
Tin | PT Belitung Industri Sejahtera | Indonesia |
Tin | PT BilliTin Makmur Lestari | Indonesia |
Tin | PT Inti Stania Prima | Indonesia |
Tin | PT Karimun Mining | Indonesia |
Tin | PT Mitra Stania Prima | Indonesia |
Tin | PT Panca Mega Persada | Indonesia |
Tin | PT Sumber Jaya Indah | Indonesia |
Tin | PT Tinindo Inter Nusa | Indonesia |
Tin | Rui Da Hung | Taiwan |
Tin | Soft Metais, Ltda. | Brazil |
Tin | Yunnan Chengfeng Non-ferrous Metals Co.,Ltd. | China |
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Tantalum | King-Tan Tantalum Industry Ltd | China |
C. Other Smelters and Refiners for 2014 | ||
Metal | Smelter/Refiner Name | Smelter/Refiner Location |
Gold | Advanced Chemical Company | United States |
Gold | Aktyubinsk Copper Company TOO | Russian Federation |
Gold | Almalyk Mining and Metallurgical Complex (AMMC) | Uzbekistan |
Gold | Bangko Sentral ng Pilipinas (Central Bank of the Philippines) | Philippines |
Gold | Bauer Walser AG | Germany |
Gold | Caridad | Mexico |
Gold | China National Gold Group Corporation | China |
Gold | Chugai Mining | Japan |
Gold | Colt Refining | United States |
Gold | Daejin Indus Co. Ltd | Korea, Republic of |
Gold | Daye Non-Ferrous Metals Mining Ltd. | China |
Gold | Do Sung Corporation | Korea, Republic of |
Gold | Doduco | Germany |
Gold | FSE Novosibirsk Refinery | Russian Federation |
Gold | Gansu Seemine Material Hi-Tech Co Ltd | China |
Gold | Guangdong Jinding Gold Limited | China |
Gold | Hangzhou Fuchunjiang Smelting Co., Ltd. | China |
Gold | Hangzhou Fuchunjiang Smelting Co., Ltd. | China |
Gold | Hunan Chenzhou Mining Group Co., Ltd. | China |
Gold | Hwasung CJ Co. Ltd | Korea, Republic of |
Gold | Inner Mongolia Qiankun Gold and Silver Refinery Share Company Limited | China |
Gold | Jiangxi Copper Company Limited | China |
Gold | JSC Uralectromed | Russian Federation |
Gold | Korea Metal Co. Ltd | Korea, Republic of |
Gold | Kyrgyzaltyn JSC | Kyrgyzstan |
Gold | Lingbao Gold Company Limited | China |
Gold | Lingbao Jinyuan Tonghui Refinery Co. Ltd. | China |
Gold | Luoyang Zijin Yinhui Metal Smelt Co Ltd | China |
Gold | Moscow Special Alloys Processing Plant | Russian Federation |
Gold | Navoi Mining and Metallurgical Combinat | Uzbekistan |
Gold | OJSC Kolyma Refinery | Russian Federation |
Gold | Penglai Penggang Gold Industry Co Ltd | China |
Gold | Prioksky Plant of Non-Ferrous Metals | Russian Federation |
Gold | Samduck Precious Metals* | Korea, Republic of |
Gold | SAMWON METALS Corp. | Korea, Republic of |
Gold | So Accurate Group, Inc. | United States |
Gold | The Great Wall Gold and Silver Refinery of China | China |
Gold | Tongling nonferrous Metals Group Co.,Ltd | China |
Gold | Torecom | Korea, Republic of |
Gold | Yunnan Copper Industry Co Ltd | China |
Gold | Zhongyuan Gold Smelter of Zhongjin Gold Corporation | China |
Gold | Zijin Mining Group Co. Ltd | China |
Tungsten | Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd. | China |
Tungsten | Jiangxi Richsea New Materials Co., Ltd. | China |
Tungsten | Tejing (Vietnam) Tungsten Co., Ltd. | Vietnam |
Tungsten | Zhuzhou Cemented Carbide Group Co Ltd | China |
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Tin | China Rare Metal Materials Company | China |
Tin | CNMC (Guangxi) PGMA Co. Ltd. | China |
Tin | CV Makmur Jaya | Indonesia |
Tin | Estanho de Rondônia S.A. | Brazil |
Tin | Gejiu Kai Meng Industry and Trade LLC* | China |
Tin | Gejiu Zi-Li | China |
Tin | Huichang Jinshunda Tin Co. Ltd | China |
Tin | Jiangxi Nanshan | China |
Tin | Linwu Xianggui Smelter Co | China |
Tin | Novosibirsk Integrated Tin Works | Russian Federation |
Tin | PT Alam Lestari Kencana | Indonesia |
Tin | PT Babel Surya Alam Lestari | Indonesia |
Tin | PT Bangka Kudai Tin | Indonesia |
Tin | PT Bangka Timah Utama Sejahtera | Indonesia |
Tin | PT Fang Di MulTindo | Indonesia |
Tin | PT HANJAYA PERKASA METALS | Indonesia |
Tin | PT HP Metals Indonesia | Indonesia |
Tin | PT Koba Tin | Indonesia |
Tin | PT Pelat Timah Nusantara Tbk | Indonesia |
Tin | PT Seirama Tin investment | Indonesia |
Tin | PT Supra Sukses Trinusa | Indonesia |
Tin | PT Tommy Utama | Indonesia |
Tin | PT Yinchendo Mining Industry | Indonesia |
Tantalum | Shanghai Jiangxi Metals Co. Ltd | China |
Tantalum | Tantalite Resources | South Africa |
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Table B
Gold | Tantalum | Tin | Tungsten |
Argentina | Argentina | Argentina | Argentina |
Australia | Australia | Australia | Australia |
Austria | Austria | Austria | Austria |
Belgium | Belgium | Belgium | Belgium |
Brazil | Brazil | Brazil | Brazil |
Chile | Chile | Chile | Chile |
China | China | China | China |
Colombia | Colombia | Colombia | Colombia |
Côte d'Ivoire | Côte d'Ivoire | Côte d'Ivoire | Côte d'Ivoire |
Czech Republic | Czech Republic | Czech Republic | Czech Republic |
Djibouti | Djibouti | Djibouti | Djibouti |
Egypt | Egypt | Egypt | Egypt |
Estonia | Estonia | Estonia | Estonia |
Ethiopia | Ethiopia | Ethiopia | Ethiopia |
France | France | France | France |
Germany | Germany | Germany | Germany |
Guyana | Guyana | Guyana | Guyana |
India | India | India | India |
Indonesia | Indonesia | Indonesia | Indonesia |
Ireland | Ireland | Ireland | Ireland |
Israel | Israel | Israel | Israel |
Japan | Japan | Japan | Japan |
Lao PDR | Lao PDR | Lao PDR | Lao PDR |
Luxembourg | Luxembourg | Luxembourg | Luxembourg |
Madagascar | Madagascar | Madagascar | Madagascar |
Malaysia | Malaysia | Malaysia | Malaysia |
Mongolia | Mongolia | Mongolia | Mongolia |
Myanmar | Myanmar | Myanmar | Myanmar |
Netherlands | Netherlands | Netherlands | Netherlands |
Nigeria | Nigeria | Nigeria | Nigeria |
Peru | Peru | Peru | Peru |
Bolivia | Bolivia | Bolivia | Bolivia |
Portugal | Portugal | Portugal | Portugal |
Republic of Korea | Republic of Korea | Republic of Korea | Republic of Korea |
Russian Federation | Russian Federation | Russian Federation | Russian Federation |
Sierra Leone | Sierra Leone | Sierra Leone | Sierra Leone |
Singapore | Singapore | Singapore | Singapore |
Suriname | Suriname | Suriname | Suriname |
Switzerland | Switzerland | Switzerland | Switzerland |
Thailand | Thailand | Thailand | Thailand |
United Kingdom | United Kingdom | United Kingdom | United Kingdom |
United States | United States | United States | United States |
Zimbabwe | Zimbabwe | Zimbabwe | Zimbabwe |
Kenya | Kenya | Angola | |
Mozambique | Mozambique | Burundi | |
South Africa | South Africa | Central African Republic | |
Angola | Angola | Republic of Congo | |
Burundi | Burundi | Rwanda | |
Central African Republic | Central African Republic | South Sudan | |
Republic of Congo | Republic of Congo | Uganda | |
Rwanda | Rwanda | Tanzania | |
South Sudan | South Sudan | Zambia | |
Uganda | Uganda | ||
Tanzania | Tanzania | ||
Zambia | Zambia | ||
DRC | DRC |
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Acronyms Used in This Report
3TG | Tin, Tantalum, Tungsten or Gold |
CFSI | Conflict-Free Sourcing Initiative |
CFSP | Conflict-Free Smelter Program |
CMRT | Conflict Minerals Reporting Template |
DRC | Democratic Republic of the Congo |
OECD | Organization for Economic Cooperation and Development |
Additional Resources*
GE's Sustainability Report – Conflict Minerals
www.gesustainability.com/building-things-that-matter/supply-chain/conflict-minerals/
www.gesustainability.com/building-things-that-matter/supply-chain/conflict-minerals/
GE's Statement on Conflict Minerals
www.gesustainability.com/building-things-that-matter/supply-chain/conflict-minerals/
www.gesustainability.com/building-things-that-matter/supply-chain/conflict-minerals/
GE's Integrity Guide for Suppliers, Contractors and Consultants
www.gesupplier.com/html/SuppliersIntegrityGuide.htm
www.gesupplier.com/html/SuppliersIntegrityGuide.htm
GE's Spirit & Letter
www.ge.com/files_citizenship/pdf/TheSpirit&TheLetter.pdf
www.ge.com/files_citizenship/pdf/TheSpirit&TheLetter.pdf
Conflict-Free Sourcing Initiative
www.conflictfreesourcing.org/
www.conflictfreesourcing.org/
OECD Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas
www.oecd.org/corporate/mne/GuidanceEdition2.pdf
www.oecd.org/corporate/mne/GuidanceEdition2.pdf
*These web links are provided for convenience only, and the content on the referenced websites does not constitute a part of this Report.
Forward-Looking Statements
This Report contains "forward-looking statements" – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and results, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," or "target." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.
GE and the GE logo are trademarks and service marks of General Electric Company. Other marks used throughout are trademarks and service marks of their respective owners.
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