EXHIBIT 1.01
Data I/O Corporation’s Conflict Minerals Report
in Accordance with Rule 13p-1 under the Securities Exchange Act of 1934
This is the Conflict Minerals Report of Data I/O Corporation (“Data I/O,” the “Company,” “we,” “us,” or “our”) and subsidiaries for calendar year 2020 in accordance with Rule 13p-1 (“Rule 13p-1”) under the Securities Exchange Act of 1934 (the “1934 Act”). Please refer to Rule 13p-1, Form SD and the 1934 Act Release No. 34-67716 for definitions to the terms used in this Report, unless otherwise defined herein.
Company and Manufacturing Overview
Data I/O Corporation and its subsidiaries manufacture or contract to manufacture electronic equipment used primarily in our customer’s production process for semiconductor programming and handling. We had approximately $25.8 million in revenue in 2021, with 95 employees at the end of 2021. Our manufacturing takes place in Redmond, Washington, USA; Shanghai, China; and minor amounts in Gräfelfing, Germany. Our manufacturing primarily consists of final assembly of purchased parts and subassemblies. We contract for the manufacture of certain subassemblies, boards and adapters.
Assessment of Products
We assessed our products to determine if they contained necessary conflict minerals. We determined our software products did not contain conflict minerals. Our equipment products (SentriX, PSV7000, PSV5000, PSV3000, PSV2800, ProLine RoadRunner, RoadRunner3, FlashPAK III, LumenX programmers, FlashCORE programmers, and related options for media handling, vision, laser marking, and adapters) all include one or more necessary conflict minerals.
Process
An internal team sponsored by our Vice President - Chief Operating & Financial Officer and driven by our internal supply chain and administrative personnel from each of our USA, China and German offices works to gather the information to prepare our Conflict Mineral Report.
We reviewed our conflict mineral policy and the use of a due diligence framework. We developed a supplier contact and survey process and reviewed supply chain risk and mitigation. We maintain a documentation management information system and records retention to comply with the conflict mineral reporting requirements. Steps are described in more detail below.
Conflict Minerals Policy
Data I/O is committed to working with our global supply chain to achieve greater transparency in our supply chain. Our goal is to source responsibly to manufacture products that do not contain Conflict Minerals that support armed conflict in any of the Covered Countries. As a result, we have established a conflict minerals compliance program that is designed to follow the framework established by the OECD (Organization for Economic Co-operation and Development) in all material respects. As part of that program, we expect that our suppliers conduct conflict minerals due diligence through their supply chains and report their results to us.
Due Diligence Framework
In conducting our due diligence, we implemented the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (OECD 2011) (“OECD Framework”), an internationally recognized due diligence frame work, including the related supplements on gold, tin, tantalum and tungsten.
As an electronics manufacturer, Data I/O’s due diligence measures were based on the Electronic Industry Citizenship Coalition and Global e-Sustainability (“EICC/GeSI”) initiative with the smelters and refiners of conflict minerals who provide those conflict minerals to our suppliers. As a company in the semiconductor programming equipment business, Data I/O is several levels removed from the smelter or actual mining of conflict minerals. Data I/O does not make direct purchases of raw ore or unrefined conflict minerals from smelters or metal traders, or purchases from the Covered Countries. We depend entirely on our multi-tiered supply chain to provide conflict mineral sourcing information.
Data I/O’s Due Diligence
| - | Assessed our products as to whether they contained conflict minerals and if so, that the conflict minerals were necessary to the function of the products. All of our equipment products contain one or more necessary conflict minerals. |
| - | Contacted our suppliers and interviewed or surveyed them regarding their conflict mineral sourcing as well as reviewing their supply-chain for items including conflict minerals. This involved educating them on the annual SEC reporting requirements and our due diligence expectations. |
| - | Reasonable country of origin inquiry and due diligence by conducting a supply-chain survey with direct suppliers of materials potentially containing conflict minerals using updated EICC/GeSI Conflict Minerals Reporting Template to identify the smelters and refiners. For 2021, we dramatically reduced the number of suppliers we were purchasing from. Our production supplier list had 11 that we determined had no conflict mineral metals. We requested surveys from a total of 46. We received completed surveys from 41; letters of inapplicability from 5; and after follow up we had 100% supplier response. |
| -
| Consolidating the survey information and comparing the smelters and refiners identified in the supply-chain survey against the list of smelter facilities which have been identified as “conflict free” by programs such as the RMI’s Responsible Minerals Assurance Process (RMAP) program for tantalum, tin, tungsten and gold. Significant variation in the names used by suppliers and missing data in certain surveys of smelter listings from our suppliers impacted our ability to have clarity on the identity of the actual smelter sourced by our supply chain in some instances. |
Data I/O does not have a direct relationship with 3TG smelters and refiners, nor do we perform direct audits of these entities that provide our supply chain the 3TG. We rely upon the industry (for example, EICC and CFSI) and larger entities’ efforts to influence smelters and refineries to get audited and certified through CFSI’s CFS program.
Certain suppliers were able to identify specifically the smelters or refiners of Conflict Minerals that went into parts supplied to us. We typically were not able to receive tailored information relative to the parts we purchased but received generically all possible smelter information for our supplier’s entire supply chain. These responses included the names of smelters or refiners listed in the table below. We reviewed the facilities as to being on the CFSI list of smelters and refiners. We were not able to verify that all of the smelters or refiners named were certified Conflict-Free by CSFI, sometimes due to differences in names used by smelters or refiners.
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With the exception of the responding suppliers described above, we are therefore unable to identify any of the other smelters or refiners actually in our supply chain.
Our identified smelter, facility country and metal table is provided at the bottom of this report.
Conflict Mineral Reporting Conclusion
After exercising the due diligence described above, the Company was unable to determine whether or not its products contain conflict minerals: (1) from recycled or scrap sources as defined in the Conflict Minerals Rule, (2) that did not originate in the Covered Countries, or (3) that did not directly or indirectly finance or benefit armed groups, as defined in the Conflict Minerals Rule, in the Covered Countries.
Our conclusion was due to a lack of information from our suppliers, regarding sourcing of parts and metals with conflict mineral content, required to conclude whether the necessary conflict minerals originated in the Covered Countries and, if so, whether the necessary conflict minerals were from recycle or scrap sources, were DRC conflict free or have not been found to be DRC conflict free.
Independent Audit
Pursuant to SEC guidance, this Conflict Mineral Report is not audited as none of the Company’s products have been found to be “DRC conflict free”.
Current and Future Steps
We continue to encourage and follow up with existing and new suppliers on completing and expanding surveys and working with their supply chains to identify the sourcing of conflict minerals. For the purpose of the required Reasonable Country of Origin Inquiry (RCOI) and additional due diligence, we continued to receive supply chain responses through April 2022. In future compliance periods, we intend to take additional steps to further improve the information gathered in our due diligence in order to further determine sourcing, and mitigate the risk that the necessary conflict minerals benefit armed groups in the covered countries. The current and future steps include:
| - | Continue to make the Conflict Minerals supplier survey part of initial qualification of new vendors. |
| - | Perform further follow-up on survey response’s information discrepancies, missing data, or refinement for our purchases. (Limited progress in getting refined smelter information or specific smelters related to Data I/O purchases information in 2021.) |
| - | Encourage and negotiate with suppliers to responsibly source items containing conflict minerals and provide transparency with their supply-chain as to conflict mineral sourcing. (We continue to have weak negotiating leverage regarding obtaining smelter information from our from our suppliers, due to our size and volume of purchasing, and the volume of suppliers not individually subject to reporting to the SEC, resulted in limited transparency improvements in 2021.) Starting the survey follow up and cut off process earlier to provide more reconciliation and investigation time. Performing additional screenings of, and with, suppliers to better determine the applicability of supplying of items containing conflict minerals as part of goods purchased from them during the year. |
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We expect the Company and our suppliers whose products contain conflict minerals to responsibly source and provide information as to the source of conflict minerals, as well as expecting their sub tier suppliers to do the same. We expect that conflict mineral RCOI processes and systems are designed consistent with the Organization for Economic Co-operation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict- Affected and High Risk-Areas. If we determine that any supplier is sourcing DRC conflict minerals that benefit armed groups, then we expect the supplier to commit to plan and take corrective action to move to a conflict free source. If suitable action is not taken, we expect to look to alternative sources for the product. Our goal is not to ban procurement of minerals from the DRC and adjoining countries, but to assure procurement from responsible sources in the region. If we determine that any of the components of our products contain minerals from a mine, smelter or facility that is “non-conflict free”, we expect to work towards transitioning to products that are “conflict free”. Our ability to do so is dependent on the criticality of the specific part and the availability of alternative suppliers.
Identified Smelter, Facility Country and Metal Table
| Smelter Name | Country | Metal |
|
|
|
|
| 8853 S.p.A. | Italy | Gold |
| Abington Reldan Metals, LLC | UNITED STATES OF AMERICA | Gold |
| Advanced Chemical Company | UNITED STATES OF AMERICA | Gold |
| African Gold Refinery | UGANDA | Gold |
| AGR (Perth Mint Australia) | AUSTRALIA | Gold |
| Aida Chemical Industries Co., Ltd. | JAPAN | Gold |
| AKITA Seiren | JAPAN | Gold |
| Al Etihad Gold LLC | UNITED ARAB EMIRATES | Gold |
| Al Ghaith Gold | UNITED ARAB EMIRATES | Gold |
| Alexy Metals | UNITED STATES OF AMERICA | Gold |
| Almalyk Mining and Metallurgical Complex (AMMC) | UZBEKISTAN | Gold |
| Amagasaki Factory, Hyogo Prefecture, Japan | JAPAN | Gold |
| AngloGold Ashanti Brazil | BRAZIL | Gold |
| Anhui Tongling Nonferrous Metal Mining Co., Ltd. | CHINA | Gold |
| Argor-Heraeus S.A. | SWITZERLAND | Gold |
| ARY Aurum Plus | UNITED ARAB EMIRATES | Gold |
| Asahi Refining Canada Ltd. | CANADA | Gold |
| Asahi Refining USA Inc. | UNITED STATES OF AMERICA | Gold |
| Asaka Riken Co., Ltd. | JAPAN | Gold |
| ATAkulche | TURKEY | Gold |
| AU Traders and Refiners | SOUTH AFRICA | Gold |
| Augmont Enterprises Private Limited | INDIA | Gold |
| Aurubis AG | GERMANY | Gold |
| BALORE REFINERSGA | INDIA | Gold |
| Bangko Sentral ng Pilipinas (Central Bank of the Philippines) | PHILIPPINES | Gold |
| 4 |
| Bauer Walser AG | GERMANY | Gold |
| Boliden AB | SWEDEN | Gold |
| C. Hafner GmbH + Co. KG | GERMANY | Gold |
| C.I Metales Procesados Industriales SAS | COLOMBIA | Gold |
| Caridad | MEXICO | Gold |
| CCR | CANADA | Gold |
| Cendres + M?taux SA | SWITZERLAND | Gold |
| CGR Metalloys Pvt Ltd. | INDIA | Gold |
| CHALCO Yunnan Copper Co. Ltd. | CHINA | Gold |
| Chimet S.p.A. | ITALY | Gold |
| China Henan Zhongyuan Gold Smelter | CHINA | Gold |
| China's Shandong Gold Mining Co., Ltd | CHINA | Gold |
| Chugai Mining | JAPAN | Gold |
| CRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil Ltda | BRAZIL | Gold |
| Daejin Indus Co., Ltd. | KOREA, REPUBLIC OF | Gold |
| Daye Non-Ferrous Metals Mining Ltd. | CHINA | Gold |
| DEGUSSA | GERMANY | Gold |
| Dijllah Gold Refinery FZC | UNITED ARAB EMIRATES | Gold |
| Do Sung Corporation | KOREA, REPUBLIC OF | Gold |
| Doduco | GERMANY | Gold |
| Dosung metal | KOREA, REPUBLIC OF | Gold |
| Dowa | JAPAN | Gold |
| DS PRETECH Co., Ltd. | KOREA, REPUBLIC OF | Gold |
| Eco-System Recycling Co., Ltd. | JAPAN | Gold |
| Eco-System Recycling Co., Ltd. North Plant | JAPAN | Gold |
| Ekaterinburg | RUSSIAN FEDERATION | Gold |
| Elemetal Refining, LLC | UNITED STATES OF AMERICA | Gold |
| Emerald Jewel Industry India Limited (Unit 1) | INDIA | Gold |
| Emerald Jewel Industry India Limited (Unit 2) | INDIA | Gold |
| Emerald Jewel Industry India Limited (Unit 3) | India | Gold |
| Emerald Jewel Industry India Limited (Unit 4) | INDIA | Gold |
| Emirates Gold DMCC | UNITED ARAB EMIRATES | Gold |
| Federal State Unitary Enterprise Moscow Special Processing Plant | RUSSIAN FEDERATION | Gold |
| Fidelity Printers and Refiners Ltd. | ZIMBABWE | Gold |
| FSE Novosibirsk Refinery | RUSSIAN FEDERATION | Gold |
| Fujairah Gold FZC | UNITED ARAB EMIRATES | Gold |
| Fujian Zijin mining stock company gold smelter | CHINA | Gold |
| GCC Gujrat Gold Centre Pvt. Ltd. | INDIA | Gold |
| Geib Refining Corporation | UNITED STATES OF AMERICA | Gold |
| Gold Coast Refinery | GHANA | Gold |
| Gold Refinery of Zijin Mining Group Co., Ltd. | CHINA | Gold |
| 5 |
| Great Wall Precious Metals Co,. LTD. | CHINA | Gold |
| Guangdong Gaoyao Co | CHINA | Gold |
| Guangdong Hua Jian Trade Co., Ltd. | CHINA | Gold |
| Guangdong Jinding Gold Limited | CHINA | Gold |
| GUANGDONG JINXIAN GAOXIN CAI LIAO GONG SI | CHINA | Gold |
| Gujarat Gold Centre | INDIA | Gold |
| Guoda Safina High-Tech Environmental Refinery Co., Ltd. | CHINA | Gold |
| Hang Seng Technology | CHINA | Gold |
| Hangzhou Fuchunjiang Smelting Co., Ltd. | CHINA | Gold |
| HeeSung Metal Ltd. | KOREA, REPUBLIC OF | Gold |
| Heimerle + Meule GmbH | GERMANY | Gold |
| Henan Yuguang Gold & Lead Co., Ltd. | CHINA | Gold |
| Heraeus Germany GmbH Co. KG | GERMANY | Gold |
| Heraeus Ltd. Hong Kong | CHINA | Gold |
| Heraeus Precious Metals GmbH & Co. KG | GERMANY | Gold |
| Hetai Gold Mineral Guangdong Co., Ltd. | CHINA | Gold |
| Hop Hing electroplating factory Zhejiang | CHINA | Gold |
| Hunan Chenzhou Mining Co., Ltd. | CHINA | Gold |
| Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd. | CHINA | Gold |
| Hung Cheong Metal Manufacturing Limited | CHINA | Gold |
| HwaSeong CJ CO., LTD. | KOREA, REPUBLIC OF | Gold |
| Industrial Refining Company | BELGIUM | Gold |
| Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd. | CHINA | Gold |
| International Precious Metal Refiners | UNITED ARAB EMIRATES | Gold |
| Ishifuku Metal Industry Co., Ltd. | JAPAN | Gold |
| Istanbul Gold Refinery | TURKEY | Gold |
| Italpreziosi | ITALY | Gold |
| JALAN & Company | INDIA | Gold |
| Japan Mint | JAPAN | Gold |
| JCC | CHINA | Gold |
| Jin Jinyin Refining Co., Ltd. | CHINA | Gold |
| Jinlong Copper Co., Ltd. | CHINA | Gold |
| Johnson Matthey Canada | CANADA | Gold |
| Johnson Matthey Inc. (USA) | UNITED STATES OF AMERICA | Gold |
| JSC Ekaterinburg Non-Ferrous Metal Processing Plant | RUSSIAN FEDERATION | Gold |
| JSC Novosibirsk Refinery | RUSSIAN FEDERATION | Gold |
| JSC Uralelectromed | RUSSIAN FEDERATION | Gold |
| JX Nippon Mining & Metals Co., Ltd. | JAPAN | Gold |
| K.A. Rasmussen | NORWAY | Gold |
| Kaloti Precious Metals | UNITED ARAB EMIRATES | Gold |
| Kazakhmys Smelting LLC | KAZAKHSTAN | Gold |
| Kazzinc | KAZAKHSTAN | Gold |
| 6 |
| Kennecott Utah Copper LLC | UNITED STATES OF AMERICA | Gold |
| KGHM Polska Miedz S.A. | POLAND | Gold |
| Kojima Chemicals Co., Ltd. | JAPAN | Gold |
| Korea Zinc Co., Ltd. | KOREA, REPUBLIC OF | Gold |
| Kosak Seiren | JAPAN | Gold |
| Kundan Care Products Ltd. | INDIA | Gold |
| Kyrgyzaltyn JSC | KYRGYZSTAN | Gold |
| Kyshtym Copper-Electrolytic Plant ZAO | RUSSIAN FEDERATION | Gold |
| L'azurde Company For Jewelry | SAUDI ARABIA | Gold |
| LinBao Gold Mining | CHINA | Gold |
| Lingbao Jinyuan Tonghui Refinery Co., Ltd. | CHINA | Gold |
| L'Orfebre S.A. | ANDORRA | Gold |
| LS-NIKKO Copper Inc. | KOREA, REPUBLIC OF | Gold |
| LT Metal Ltd. | KOREA, REPUBLIC OF | Gold |
| Luoyang Zijin Yinhui Gold Refinery Co., Ltd. | CHINA | Gold |
| Marsam Metals | BRAZIL | Gold |
| Materion | UNITED STATES OF AMERICA | Gold |
| Matsuda Sangyo Co., Ltd. | JAPAN | Gold |
| MD Overseas | INDIA | Gold |
| MEM(Sumitomo Group) | JAPAN | Gold |
| Metal Concentrators SA (Pty) Ltd. | SOUTH AFRICA | Gold |
| Metallix Refining Inc. | UNITED STATES OF AMERICA | Gold |
| Metallurgie Hoboken Overpelt | BELGIUM | Gold |
| Metalor Switzerland | SWITZERLAND | Gold |
| Metalor Technologies (Hong Kong) Ltd. | CHINA | Gold |
| Metalor Technologies (Singapore) Pte., Ltd. | SINGAPORE | Gold |
| Metalor Technologies (Suzhou) Ltd. | CHINA | Gold |
| Metalor Technologies S.A. | SWITZERLAND | Gold |
| Metalor USA Refining Corporation | UNITED STATES OF AMERICA | Gold |
| Metalurgica Met-Mex Penoles S.A. De C.V. | MEXICO | Gold |
| Mitsubishi Materials Corporation | JAPAN | Gold |
| Mitsui Kinzoku Co., Ltd. | JAPAN | Gold |
| MMTC-PAMP India Pvt., Ltd. | INDIA | Gold |
| Modeltech Sdn Bhd | MALAYSIA | Gold |
| Morris and Watson | NEW ZEALAND | Gold |
| Morris and Watson Gold Coast | AUSTRALIA | 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 |
| NH Recytech Company | KOREA, REPUBLIC OF | Gold |
| Nihon Material Co., Ltd. | JAPAN | Gold |
| Nihon Superior Co., Ltd. | JAPAN | Gold |
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| Nohon Material Corporation | JAPAN | Gold |
| Nyrstar Metals | UNITED STATES OF AMERICA | Gold |
| Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH | AUSTRIA | Gold |
| Ohura Precious Metal Industry Co., Ltd. | JAPAN | Gold |
| OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet) | RUSSIAN FEDERATION | Gold |
| OJSC Novosibirsk Refinery | RUSSIAN FEDERATION | Gold |
| PAMP S.A. | SWITZERLAND | Gold |
| Pease & Curren | UNITED STATES OF AMERICA | Gold |
| Penglai Penggang Gold Industry Co., Ltd. | CHINA | Gold |
| Planta Recuperadora de Metales SpA | CHILE | Gold |
| Precious Metals Sales Corp. | UNITED STATES OF AMERICA | Gold |
| Prioksky Plant of Non-Ferrous Metals | RUSSIAN FEDERATION | Gold |
| PT Aneka Tambang (Persero) Tbk | INDONESIA | Gold |
| PX Precinox S.A. | SWITZERLAND | Gold |
| QG Refining, LLC | UNITED STATES OF AMERICA | Gold |
| Rand Refinery (Pty) Ltd. | SOUTH AFRICA | Gold |
| Realized the Enterprise Co., Ltd. | CHINA | Gold |
| Refinery of Seemine Gold Co., Ltd. | CHINA | Gold |
| Remondis Argentia B.V. | NETHERLANDS | Gold |
| Republic Metals Corporation | UNITED STATES OF AMERICA | Gold |
| Rio Tinto Group | AUSTRALIA | Gold |
| Royal Canadian Mint | CANADA | Gold |
| SAAMP | FRANCE | Gold |
| Sabin Metal Corp. | UNITED STATES OF AMERICA | Gold |
| Safimet S.p.A | ITALY | Gold |
| SAFINA A.S. | CZECHIA | Gold |
| Saganoseki Smelter & Refinery | JAPAN | Gold |
| Sai Refinery | INDIA | Gold |
| Samdok Metal | KOREA, REPUBLIC OF | Gold |
| Samwon Metals Corp. | KOREA, REPUBLIC OF | Gold |
| Sancus ZFS (L’Orfebre, SA) | COLOMBIA | Gold |
| SAXONIA Edelmetalle GmbH | GERMANY | Gold |
| Schone Edelmetaal B.V. | NETHERLANDS | Gold |
| Sellem Industries Ltd. | MAURITANIA | Gold |
| SEMPSA Joyeria Plateria S.A. | SPAIN | Gold |
| Shan Dong Huangjin | CHINA | Gold |
| Shan Tou Shi Yong Yuan Jin Shu Zai Sheng Co., Ltd. | CHINA | Gold |
| Shandon Jin Jinyin Refining Limited | CHINA | Gold |
| Shandong Gold Mine(Laizhou) Smelter Co., Ltd. | CHINA | Gold |
| Shandong Hengbang Smelter Co., Ltd. | CHINA | Gold |
| Shandong Humon Smelting Co., Ltd. | CHINA | Gold |
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| Shandong penglai gold smelter | CHINA | Gold |
| Shandong Yanggu Xiangguang Co., Ltd. | CHINA | Gold |
| Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | CHINA | Gold |
| Shenzhen Heng Zhong Industry Co., Ltd. | CHINA | Gold |
| Shenzhen Zhonghenglong Real Industry Co., Ltd. | CHINA | Gold |
| Shirpur Gold Refinery Ltd. | INDIA | Gold |
| Shonan Plant Tanaka Kikinzoku | JAPAN | Gold |
| Shyolkovsky | RUSSIAN FEDERATION | Gold |
| Sichuan Tianze Precious Metals Co., Ltd. | CHINA | Gold |
| Singway Technology Co., Ltd. | TAIWAN, PROVINCE OF CHINA | Gold |
| Sino-Platinum 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 |
| Sovereign Metals | INDIA | Gold |
| State Research Institute Center for Physical Sciences and Technology | LITHUANIA | Gold |
| Sudan Gold Refinery | SUDAN | Gold |
| Sumitomo Metal Mining Co., Ltd. | JAPAN | Gold |
| SungEel HiMetal Co., Ltd. | KOREA, REPUBLIC OF | Gold |
| Suntain Co., Ltd. | TAIWAN, PROVINCE OF CHINA | Gold |
| Super Dragon Technology Co., Ltd. | CHINA | Gold |
| SuZhou ShenChuang recycling Ltd. | CHINA | Gold |
| T.C.A S.p.A | ITALY | Gold |
| Tai Perng | INDONESIA | Gold |
| TAIWAN TOTAI CO., LTD. | TAIWAN, PROVINCE OF CHINA | Gold |
| Tanaka Kikinzoku Kogyo K.K. | JAPAN | Gold |
| The Great Wall Gold and Silver Refinery of China | 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 |
| Tony Goetz NV | BELGIUM | Gold |
| TOO Tau-Ken-Altyn | KAZAKHSTAN | Gold |
| Torecom | KOREA, REPUBLIC OF | Gold |
| Toyo Smelter & Refinery | JAPAN | Gold |
| Tsai Brother industries | TAIWAN, PROVINCE OF CHINA | Gold |
| TSK Pretech | KOREA, REPUBLIC OF | Gold |
| Umicore Brasil Ltda. | BRAZIL | Gold |
| Umicore Precious Metals Thailand | THAILAND | Gold |
| Umicore S.A. Business Unit Precious Metals Refining | BELGIUM | Gold |
| United Precious Metal Refining, Inc. | UNITED STATES OF AMERICA | Gold |
| Universal Precious Metals Refining Zambia | ZAMBIA | Gold |
| Valcambi S.A. | SWITZERLAND | Gold |
| Viagra Di precious metals (Zhaoyuan) Co., Ltd. | CHINA | Gold |
| 9 |
| WANG TING | CHINA | Gold |
| Western Australian Mint (T/a The Perth Mint) | AUSTRALIA | Gold |
| WIELAND Edelmetalle GmbH | GERMANY | Gold |
| Wuzhong Group | CHINA | Gold |
| Xiamen JInbo Metal Co., Ltd. | CHINA | Gold |
| Xstrata | CANADA | Gold |
| Yamakin Co., Ltd. | JAPAN | Gold |
| Yamato Denki Ind. Co., Ltd. | JAPAN | Gold |
| Yokohama Metal Co., Ltd. | JAPAN | Gold |
| Yunnan Copper Industry Co., Ltd. | CHINA | Gold |
| Yunnan Gold Mining Group Co., Ltd. (YGMG) | CHINA | Gold |
| Zhaojin Mining Industry Co., Ltd. | CHINA | Gold |
| Zhaojun Maifu | CHINA | Gold |
| Zhe Jiang Guang Yuan Noble Metal Smelting Factory | CHINA | Gold |
| Zhongkuang Gold Industry Co., Ltd. | CHINA | Gold |
| Zhongshan Hyper-Toxic Substance Monopolized Co., Ltd. | CHINA | Gold |
| Zhongshan Poison Material Proprietary Co., Ltd. | CHINA | Gold |
| Zhongyuan Gold Smelter of Zhongjin Gold Corporation | CHINA | Gold |
| Zhuhai toxic materials Monopoly Ltd. | CHINA | Gold |
| Zhuzhou Smelting Group Co., Ltd | CHINA | Gold |
| ANHUI HERRMAN IMPEX CO. | CHINA | Tantalum |
| Asaka Riken Co., Ltd. | JAPAN | Tantalum |
| Changsha South Tantalum Niobium Co., Ltd. | CHINA | Tantalum |
| CP Metals Inc. | UNITED STATES OF AMERICA | Tantalum |
| D Block Metals, LLC | UNITED STATES OF AMERICA | Tantalum |
| Duoluoshan | CHINA | Tantalum |
| Exotech Inc. | UNITED STATES OF AMERICA | Tantalum |
| F & X | CHINA | Tantalum |
| FIR Metals & Resource Ltd. | CHINA | Tantalum |
| Global Advanced Metals Aizu | JAPAN | Tantalum |
| Global Advanced Metals Boyertown | UNITED STATES OF AMERICA | Tantalum |
| Guangdong Rising Rare Metals-EO Materials Ltd. | CHINA | Tantalum |
| Guangdong Zhiyuan New Material Co., Ltd. | CHINA | Tantalum |
| Guizhou Zhenhua Xinyun Technology Ltd., Kaili branch | CHINA | Tantalum |
| H.C. Starck Co., Ltd. | THAILAND | Tantalum |
| H.C. Starck Hermsdorf GmbH | GERMANY | Tantalum |
| H.C. Starck Inc. | UNITED STATES OF AMERICA | Tantalum |
| H.C. Starck Ltd. | JAPAN | Tantalum |
| H.C. Starck Smelting GmbH & Co. KG | GERMANY | Tantalum |
| H.C. Starck Tantalum and Niobium GmbH | GERMANY | Tantalum |
| Hengyang King Xing Lifeng New Materials Co., Ltd. | CHINA | Tantalum |
| Hi-Temp Specialty Metals, Inc. | UNITED STATES OF AMERICA | Tantalum |
| 10 |
| Jiangxi Dinghai Tantalum & Niobium Co., Ltd. | CHINA | Tantalum |
| Jiangxi Tuohong New Raw Material | CHINA | Tantalum |
| Jiujiang Janny New Material Co., Ltd. | CHINA | Tantalum |
| JiuJiang JinXin Nonferrous Metals Co., Ltd. | CHINA | Tantalum |
| Jiujiang Nonferrous Metals Smelting Company Limited | CHINA | Tantalum |
| Jiujiang Zhongao Tantalum & Niobium Co., Ltd. | CHINA | Tantalum |
| KEMET Blue Metals | MEXICO | Tantalum |
| King-Tan Tantalum Industry Ltd. | CHINA | Tantalum |
| LSM Brasil S.A. | BRAZIL | Tantalum |
| Meta Materials | NORTH MACEDONIA, REPUBLIC | Tantalum |
| Metallurgical Products India Pvt. Ltd. (MPIL) | INDIA | Tantalum |
| Mineracao Taboca S.A. | BRAZIL | Tantalum |
| Mitsui Mining & Smelting | JAPAN | Tantalum |
| Molycorp Silmet A.S. | ESTONIA | Tantalum |
| Nantong Tongjie Electrical Co., Ltd. | CHINA | Tantalum |
| Ningxia Non-Ferrous Metal Smeltery | CHINA | Tantalum |
| NPM Silmet AS | ESTONIA | Tantalum |
| PM Kalco Inc | UNITED STATES OF AMERICA | Tantalum |
| PRG Dooel | NORTH MACEDONIA | Tantalum |
| QuantumClean | UNITED STATES OF AMERICA | Tantalum |
| Resind Ind e Com Ltda. | BRAZIL | Tantalum |
| RFH | CHINA | Tantalum |
| Shanghai Jiangxi Metals Co., Ltd. | CHINA | Tantalum |
| Solikamsk | RUSSIAN FEDERATION | Tantalum |
| Taki Chemical Co., Ltd. | JAPAN | Tantalum |
| TANIOBIS Co., Ltd. | THAILAND | Tantalum |
| TANIOBIS Japan Co., Ltd. | JAPAN | Tantalum |
| TANIOBIS Smelting GmbH & Co. KG | GERMANY | Tantalum |
| Telex Metals | UNITED STATES OF AMERICA | Tantalum |
| Tranzact, Inc. | UNITED STATES OF AMERICA | Tantalum |
| ULBA | KAZAKHSTAN | Tantalum |
| XIMEI RESOURCES (GUANGDONG) LIMITED | CHINA | Tantalum |
| XinXing HaoRong Electronic Material Co., Ltd. | CHINA | Tantalum |
| Yanling Jincheng Tantalum & Niobium Co., Ltd. | CHINA | Tantalum |
| Yichun Jin Yang Rare Metal Co., Ltd. | CHINA | Tantalum |
| Alent plc | UNITED STATES OF AMERICA | Tin |
| An Thai Minerals Co., Ltd. | VIETNAM | Tin |
| An Vinh Joint Stock Mineral Processing Company | VIET NAM | Tin |
| Arco Alloys | UNITED STATES OF AMERICA | Tin |
| Brand RBT | INDONESIA | Tin |
| Chengfeng Metals Co Pte Ltd | CHINA | Tin |
| Chenzhou Yun Xiang mining limited liability company | CHINA | Tin |
| 11 |
| Chifeng Dajingzi Tin Industry Co., Ltd. | CHINA | Tin |
| China Tin (Hechi) | CHINA | Tin |
| China Yunnan Tin Co Ltd. | CHINA | Tin |
| Chofu Works | JAPAN | Tin |
| CNMC (Guangxi) PGMA Co., Ltd. | CHINA | Tin |
| Cooperativa Metalurgica de Rondonia Ltda. | BRAZIL | Tin |
| CRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil Ltda | BRAZIL | Tin |
| CRM Synergies | SPAIN | Tin |
| CV Ayi Jaya | INDONESIA | Tin |
| CV Dua Sekawan | INDONESIA | Tin |
| CV Gita Pesona | INDONESIA | Tin |
| CV Serumpun Sebalai | INDONESIA | Tin |
| CV Tiga Sekawan | INDONESIA | Tin |
| CV United Smelting | INDONESIA | Tin |
| CV Venus Inti Perkasa | INDONESIA | Tin |
| Dongguan CiEXPO Environmental Engineering Co., Ltd. | CHINA | Tin |
| Dongguan City Xida Soldering Tin Products Co. | CHINA | Tin |
| Dowa | JAPAN | Tin |
| Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company | VIETNAM | Tin |
| EM Vinto | BOLIVIA (PLURINATIONAL STATE) | Tin |
| Estanho de Rondonia S.A. | BRAZIL | Tin |
| Fenix Metals | POLAND | Tin |
| Fuji Metal Mining Corp. | JAPAN | Tin |
| Funsur Smelter | PERU | Tin |
| Gejiu City Fuxiang Industry and Trade Co., Ltd. | CHINA | Tin |
| Gejiu Fengming Metallurgy Chemical Plant | CHINA | Tin |
| Gejiu Jinye Mineral Company | CHINA | Tin |
| Gejiu Kai Meng Industry and Trade LLC | CHINA | Tin |
| Gejiu Non-Ferrous Metal Processing Co., Ltd. | CHINA | Tin |
| Gejiu Yunxi Group Corp. | CHINA | Tin |
| Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. | CHINA | Tin |
| Gejiu Zi-Li | CHINA | Tin |
| Guangdong Hanhe Non-Ferrous Metal Co., Ltd. | CHINA | Tin |
| GUANGXI HUA TIN GOLD MINUTE FEE, LTD. | CHINA | Tin |
| Guangxi Nonferrous Metals Group | CHINA | Tin |
| Guangxi Zhongshan Jin Yi Smelting Co., Ltd. | CHINA | Tin |
| Guanyang Guida Nonferrous Metal Smelting Plant | CHINA | Tin |
| Hezhou Jinwei Tin Co., Ltd. | CHINA | Tin |
| Hongqiao Metals (Kunshan) Co., Ltd. | CHINA | Tin |
| HuiChang Hill Tin Industry Co., Ltd. | CHINA | Tin |
| 12 |
| Huichang Jinshunda Tin Co., Ltd. | CHINA | Tin |
| Hulterworth Smelter | CHINA | Tin |
| INDONESIAN STATE TIN CORPORATION MENTOK SMELTER | INDONESIA | Tin |
| Jiang Jia Wang Technology Co. | CHINA | Tin |
| Jiangxi Ketai Advanced Material Co., Ltd. | CHINA | Tin |
| Jiangxi Nanshan | CHINA | Tin |
| Jiangxi Yaosheng Tungsten Co., Ltd. | CHINA | Tin |
| Ju Tai Industrial Co., Ltd. | CHINA | Tin |
| Kundur Smelter | INDONESIA | Tin |
| LIAN JING | CHINA | Tin |
| Luna Smelter, Ltd. | RWANDA | Tin |
| M/s ECO Tropical Resources | SINGAPORE | Tin |
| Ma An Shan Shu Guang Smelter Corp. | CHINA | Tin |
| Ma'anshan Weitai Tin Co., Ltd. | CHINA | Tin |
| Magnu's Minerais Metais e Ligas Ltda. | BRAZIL | Tin |
| Malaysia Smelting Corporation (MSC) | MALAYSIA | Tin |
| Materials Eco-Refining Co., Ltd. | JAPAN | Tin |
| Melt Metais e Ligas S.A. | BRAZIL | Tin |
| Mentok Smelter | INDONESIA | Tin |
| Metahub Industries Sdn. Bhd. | MALAYSIA | Tin |
| Metallic Resources, Inc. | UNITED STATES OF AMERICA | Tin |
| Metallo Belgium N.V. | BELGIUM | Tin |
| Metallo Spain S.L.U. | SPAIN | Tin |
| Metallum Group Holding NV | BELGIUM | Tin |
| Minchali Metal Industry Co., Ltd. | TAIWAN, PROVINCE OF CHINA | Tin |
| Mineracao Taboca S.A. | BRAZIL | Tin |
| Ming Li Jia smelt Metal Factory | CHINA | Tin |
| Mining and processing tin-tungsten ore Giang Son - VQB Co., Ltd. | VIETNAM | Tin |
| Minsur | PERU | Tin |
| Mitsubishi Materials Corporation | JAPAN | Tin |
| Modeltech Sdn Bhd | MALAYSIA | Tin |
| MSC | MALAYSIA | Tin |
| Nankang Nanshan Tin Manufactory Co., Ltd. | CHINA | Tin |
| Ney Metals and Alloys | UNITED STATES OF AMERICA | Tin |
| Nghe Tinh Non-Ferrous Metals Joint Stock Company | VIET NAM | Tin |
| Novosibirsk Processing Plant Ltd. | RUSSIAN FEDERATION | Tin |
| O.M. Manufacturing (Thailand) Co., Ltd. | THAILAND | Tin |
| O.M. Manufacturing Philippines, Inc. | PHILIPPINES | Tin |
| Old City Metals Processing Co., Ltd. | CHINA | Tin |
| OMODEO A. E S. METALLEGHE SRL | ITALY | Tin |
| OMSA | BOLIVIA (PLURINATIONAL STATE) | Tin |
| 13 |
| Pan Light Corporation | TAIWAN, PROVINCE OF CHINA | Tin |
| Pongpipat Company Limited | MYANMAR | Tin |
| Precious Minerals and Smelting Limited | INDIA | Tin |
| PT Artha Cipta Langgeng | INDONESIA | Tin |
| PT ATD Makmur Mandiri Jaya | INDONESIA | Tin |
| PT Babel Surya Alam Lestari | INDONESIA | Tin |
| PT Bangka Serumpun | 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 Justindo | INDONESIA | Tin |
| PT Karimun Mining | INDONESIA | Tin |
| PT Lautan Harmonis Sejahtera | INDONESIA | Tin |
| PT Menara Cipta Mulia | INDONESIA | Tin |
| PT Mitra Stania Prima | INDONESIA | Tin |
| PT Mitra Sukses Globalindo | INDONESIA | Tin |
| PT NATARI | INDONESIA | Tin |
| PT O.M. Indonesia | INDONESIA | Tin |
| PT Panca Mega Persada | INDONESIA | Tin |
| PT Premium Tin Indonesia | INDONESIA | Tin |
| PT Prima Timah Utama | INDONESIA | Tin |
| PT Rajawali Rimba Perkasa | INDONESIA | Tin |
| PT Rajehan Ariq | INDONESIA | Tin |
| PT Refined Bangka Tin | INDONESIA | Tin |
| PT Sariwiguna Binasentosa | INDONESIA | Tin |
| PT Stanindo Inti Perkasa | INDONESIA | Tin |
| PT Sukses Inti Makmur | INDONESIA | Tin |
| PT Sumber Jaya Indah | INDONESIA | Tin |
| PT Timah Nusantara | INDONESIA | Tin |
| PT Timah Tbk Kundur | INDONESIA | Tin |
| PT Timah Tbk Mentok | INDONESIA | Tin |
| PT Tinindo Inter Nusa | INDONESIA | Tin |
| PT Tommy Utama | INDONESIA | Tin |
| PT Wahana Perkit Jaya | INDONESIA | Tin |
| Rui Da Hung | TAIWAN, PROVINCE OF CHINA | Tin |
| Shan Tou Shi Yong Yuan Jin Shu Zai Sheng Co., Ltd. | CHINA | Tin |
| Shenzhen Hong Chang Metal Manufacturing Factory | CHINA | Tin |
| Sichuan Guanghan Jiangnan casting smelters | CHINA | Tin |
| Sigma Tin Alloy Co., Ltd. | CHINA | Tin |
| Smelter not listed | CHINA | Tin |
| 14 |
| Smelter not listed | INDONESIA | Tin |
| Smelting Branch of Yunnan Tin Company Ltd | CHINA | Tin |
| Soft Metais Ltda. | BRAZIL | Tin |
| Solder Court Ltd. | CHINA | Tin |
| Spectro Alloys Corp. | UNITED STATES OF AMERICA | Tin |
| Super Ligas | BRAZIL | Tin |
| Suzhou Nuonengda Chemical Co., Ltd. | CHINA | Tin |
| Taicang City Nancang Metal Material Co., Ltd. | CHINA | Tin |
| Taiwan high-tech Co., Ltd. | TAIWAN, PROVINCE OF CHINA | Tin |
| Taiwan Huanliang | TAIWAN, PROVINCE OF CHINA | Tin |
| Taiwan's lofty Enterprises Ltd. | TAIWAN, PROVINCE OF CHINA | Tin |
| TAP | UNITED STATES OF AMERICA | Tin |
| Thai Nguyen Mining and Metallurgy Co., Ltd. | VIET NAM | Tin |
| Thai Solder Industry Corp., Ltd. | THAILAND | Tin |
| Thailand Mine Factory | THAILAND | Tin |
| Three green surface technology limited company | CHINA | Tin |
| Tianshui Ling Bo Technology Co., Ltd. | CHINA | Tin |
| TIN PLATING GEJIU | CHINA | Tin |
| Tin Technology & Refining | UNITED STATES OF AMERICA | Tin |
| TONG LONG | CHINA | Tin |
| Top-Team Technology (Shenzhen) Ltd. | CHINA | Tin |
| Tuyen Quang Non-Ferrous Metals Joint Stock Company | VIET NAM | Tin |
| Unit Timah Kundur PT Tambang | INDONESIA | Tin |
| Untracore Co., Ltd. | THAILAND | Tin |
| VQB Mineral and Trading Group JSC | VIET NAM | Tin |
| WELLEY | TAIWAN, PROVINCE OF CHINA | Tin |
| White Solder Metalurgia e Mineracao Ltda. | BRAZIL | Tin |
| WUJIANG CITY LUXE TIN FACTORY | CHINA | Tin |
| Xiamen Honglu Tungsten Molybdenum Co., Ltd. | CHINA | Tin |
| Xianghualing Tin Industry Co., Ltd. | CHINA | Tin |
| Xin Furukawa Metal ( Wuxi ) Co., Ltd. | CHINA | Tin |
| XURI | CHINA | Tin |
| Yifeng Tin | CHINA | Tin |
| Yiquan Manufacturing | CHINA | Tin |
| Yuecheng Tin Co., Ltd. | CHINA | Tin |
| Yunnan Chengfeng Non-ferrous Metals Co., Ltd. | CHINA | Tin |
| Yunnan Chengo Electric Smelting Plant | CHINA | Tin |
| Yunnan Copper Zinc Industry Co., Ltd. | CHINA | Tin |
| Yunnan Geiju Smelting Corp. | CHINA | Tin |
| Yunnan Industrial Co., Ltd. | CHINA | Tin |
| Yunnan Malipo Baiyi Kuangye Co. | CHINA | Tin |
| Yunnan Tin Company Limited | CHINA | Tin |
| 15 |
| Yunnan Yunfan Non-ferrous Metals Co., Ltd. | CHINA | Tin |
| Zhongshan Jinye Smelting Co.,Ltd | CHINA | Tin |
| A.L.M.T. Corp. | JAPAN | Tungsten |
| ACL Metais Eireli | BRAZIL | Tungsten |
| Albasteel Industria e Comercio de Ligas Para Fundicao Ltd. | BRAZIL | Tungsten |
| Artek LLC | RUSSIAN FEDERATION | Tungsten |
| Asia Tungsten Products Vietnam Ltd. | VIET NAM | Tungsten |
| ATI Metalworking Products | UNITED STATES OF AMERICA | Tungsten |
| Chaozhou Xianglu Tungsten Industry Co., Ltd. | CHINA | Tungsten |
| Chenzhou Diamond Tungsten Products Co., Ltd. | CHINA | Tungsten |
| China Molybdenum Co., Ltd. | CHINA | Tungsten |
| China National Non Ferrous | CHINA | Tungsten |
| Chongyi Zhangyuan Tungsten Co., Ltd. | CHINA | Tungsten |
| CNMC (Guangxi) PGMA Co., Ltd. | CHINA | Tungsten |
| Cronimet Brasil Ltda | BRAZIL | Tungsten |
| DAIDO STEEL | JAPAN | Tungsten |
| Fujian Ganmin RareMetal Co., Ltd. | CHINA | Tungsten |
| Fujian Jinxin Tungsten Co., Ltd. | CHINA | Tungsten |
| Ganzhou Beseem Ferrotungsten Co., Ltd. | CHINA | Tungsten |
| Ganzhou Haichuang Tungsten Co., Ltd. | CHINA | Tungsten |
| Ganzhou Huaxing Tungsten Products Co., Ltd. | CHINA | Tungsten |
| Ganzhou Jiangwu Ferrotungsten Co., Ltd. | CHINA | Tungsten |
| Ganzhou Seadragon W & Mo Co., Ltd. | CHINA | Tungsten |
| Ganzhou Yatai Tungsten Co., Ltd. | CHINA | Tungsten |
| GEM Co., Ltd. | CHINA | Tungsten |
| Global Tungsten & Powders Corp. | UNITED STATES OF AMERICA | Tungsten |
| Guangdong Xianglu Tungsten Co., Ltd. | CHINA | Tungsten |
| H.C. Starck Tungsten GmbH | GERMANY | Tungsten |
| Human Chun-Chang non-ferrous Smelting & Concentrating Co., Ltd. | CHINA | Tungsten |
| Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji | CHINA | Tungsten |
| Hunan Litian Tungsten Industry Co., Ltd. | CHINA | Tungsten |
| Hydrometallurg, JSC | RUSSIAN FEDERATION | Tungsten |
| Japan New Metals Co., Ltd. | JAPAN | Tungsten |
| Jiangwu H.C. Starck Tungsten Products Co., Ltd. | CHINA | Tungsten |
| Jiangxi Dayu Longxintai Tungsten Co., Ltd. | CHINA | Tungsten |
| Jiangxi Gan Bei Tungsten Co., Ltd. | CHINA | Tungsten |
| Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd. | CHINA | Tungsten |
| Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. | CHINA | Tungsten |
| Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. | CHINA | Tungsten |
| Jiangxi Xianglu Tungsten Co., Ltd. | CHINA | Tungsten |
| Jiangxi Xinsheng Tungsten Industry Co., Ltd. | CHINA | Tungsten |
| Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd. | CHINA | Tungsten |
| 16 |
| Jiangxi Yaosheng Tungsten Co., Ltd. | CHINA | Tungsten |
| JSC "Kirovgrad Hard Alloys Plant" | RUSSIAN FEDERATION | Tungsten |
| JSC "Kirovgrad Hard Alloys Plant" | RUSSIAN FEDERATION | Tungsten |
| Kennametal Fallon | UNITED STATES OF AMERICA | Tungsten |
| Kennametal Huntsville | UNITED STATES OF AMERICA | Tungsten |
| KGETS Co., Ltd. | KOREA, REPUBLIC OF | Tungsten |
| Lianyou Metals Co., Ltd. | TAIWAN, PROVINCE OF CHINA | Tungsten |
| Malipo Haiyu Tungsten Co., Ltd. | CHINA | Tungsten |
| Masan High-Tech Materials | VIETNAM | Tungsten |
| Mehra Ferro-Alloys Pvt. Ltd. | INDIA | Tungsten |
| Moliren Ltd. | RUSSIAN FEDERATION | Tungsten |
| Niagara Refining LLC | UNITED STATES OF AMERICA | Tungsten |
| NPP Tyazhmetprom LLC | RUSSIAN FEDERATION | Tungsten |
| Philippine Chuangxin Industrial Co., Inc. | PHILIPPINES | Tungsten |
| South-East Nonferrous Metal Company Limited of Hengyang City | CHINA | Tungsten |
| TANIOBIS Smelting GmbH & Co. KG | GERMANY | Tungsten |
| Tejing (Vietnam) Tungsten Co., Ltd. | VIET NAM | Tungsten |
| Toshiba Material Co., Ltd. | JAPAN | Tungsten |
| Tungsten Diversified Industries LLC | UNITED STATES OF AMERICA | Tungsten |
| Unecha Refractory metals plant | RUSSIAN FEDERATION | Tungsten |
| Vietnam Youngsun Tungsten Industry Co., Ltd. | VIETNAM | Tungsten |
| WBH | AUSTRIA | Tungsten |
| Woltech Korea Co., Ltd. | KOREA, REPUBLIC OF | Tungsten |
| Xiamen H.C. | CHINA | Tungsten |
| Xiamen Tungsten Co., Ltd. | CHINA | Tungsten |
| Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd. | CHINA | Tungsten |
| Xinhai Rendan Shaoguan Tungsten Co., Ltd. | CHINA | Tungsten |
Caution Concerning Forward-Looking Statements
Certain statements in this report may be “forward-looking” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects,” “future,” “plans,” and “intends,” and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements include statements relating to our future plans, and any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on our current expectations and assumptions, which may not prove to be accurate. Risks that may cause these forward-looking statements to be inaccurate include: failure to carry out these plans in a timely manner or at all; lack of cooperation or progress by our suppliers, their respective suppliers and smelters; or lack of progress by smelter or refiner validation programs for conflict minerals (including the possibility of inaccurate information, fraud and other irregularities). These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially from these forward-looking statements. As a result, these statements speak only as of the date they are made and we undertake no obligation to update or revise any forward-looking statement, except as required by federal securities laws.
| 17 |