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 2024 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 $21.8 million in revenue in 2024, with 95 employees at the end of 2024. 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, PSV3500, PSV2800, FlashPAK III, Lumen®X 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 of Operations 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.
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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 with potential conflict mineral content 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. We requested surveys from a total of 66 suppliers. We received completed surveys from 35; letters of inapplicability from 1; and no response from 24 despite follow-ups. This included follow up on identified discrepancies of reported smelter information, incomplete surveys and no responses to our survey request in our attempt to complete missing information. |
| - | 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 were 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”.
Process Goals and Supplier Expectations
We continue to encourage and follow up with existing and new suppliers on completing the surveys and working with their supply chains to identify the sourcing of conflict minerals. 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.
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Identified Smelter, Facility Country and Metal Table
| Smelter Name | Country | Metal |
| 8853 S.p.A. | ITALY | Gold |
| ABC Refinery Pty Ltd. | AUSTRALIA | Gold |
| Abington Reldan Metals, LLC | UNITED STATES OF AMERICA | Gold |
| Advanced Chemical Company | UNITED STATES OF AMERICA | Gold |
| Agosi AG | GERMANY | Gold |
| Aida Chemical Industries Co., Ltd. | JAPAN | Gold |
| Al Etihad Gold Refinery DMCC | UNITED ARAB EMIRATES | Gold |
| Albino Mountinho Lda. | PORTUGAL | Gold |
| Alexy Metals | UNITED STATES OF AMERICA | Gold |
| Almalyk Mining and Metallurgical Complex (AMMC) | UZBEKISTAN | Gold |
| AngloGold Ashanti Corrego do Sitio Mineracao | BRAZIL | Gold |
| Argor-Heraeus S.A. | SWITZERLAND | Gold |
| Asahi Pretec Corp. | JAPAN | Gold |
| Asahi Refining Canada Ltd. | CANADA | Gold |
| Asahi Refining USA Inc. | UNITED STATES OF AMERICA | Gold |
| Asaka Riken Co., Ltd. | JAPAN | Gold |
| Atasay Kuyumculuk Sanayi Ve Ticaret A.S. | TURKEY | Gold |
| AU Traders and Refiners | SOUTH AFRICA | Gold |
| Augmont Enterprises Private Limited | INDIA | Gold |
| Aurubis AG | GERMANY | Gold |
| Bangalore Refinery | INDIA | Gold |
| Boliden Ronnskar | SWEDEN | Gold |
| C. Hafner GmbH + Co. KG | GERMANY | Gold |
| Caridad | MEXICO | Gold |
| CCR Refinery - Glencore Canada Corporation | CANADA | Gold |
| Cendres + Metaux S.A. | SWITZERLAND | Gold |
| CGR Metalloys Pvt Ltd. | INDIA | Gold |
| Chimet S.p.A. | ITALY | Gold |
| Chugai Mining | JAPAN | Gold |
| Coimpa Industrial LTDA | BRAZIL | Gold |
| Daye Non-Ferrous Metals Mining Ltd. | CHINA | Gold |
| Degussa Sonne / Mond Goldhandel GmbH | GERMANY | Gold |
| Dijllah Gold Refinery FZC | UNITED ARAB EMIRATES | Gold |
| Dongwu Gold Group | CHINA | Gold |
| Dowa | JAPAN | Gold |
| DSC (Do Sung Corporation) | KOREA, REPUBLIC OF | Gold |
| Eco-System Recycling Co., Ltd. East Plant | JAPAN | Gold |
| Eco-System Recycling Co., Ltd. North Plant | JAPAN | Gold |
| Eco-System Recycling Co., Ltd. West Plant | JAPAN | Gold |
| Elite Industech Co., Ltd. | TAIWAN, PROVINCE OF CHINA | Gold |
| 4 |
| 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 |
| Fidelity Printers and Refiners Ltd. | ZIMBABWE | Gold |
| Fujairah Gold FZC | UNITED ARAB EMIRATES | Gold |
| GG Refinery Ltd. | TANZANIA, UNITED REPUBLIC OF | Gold |
| GGC Gujrat Gold Centre Pvt. Ltd. | INDIA | Gold |
| Gold by Gold Colombia | COLOMBIA | Gold |
| Gold Coast Refinery | GHANA | Gold |
| Gold Refinery of Zijin Mining Group Co., Ltd. | CHINA | Gold |
| Great Wall Precious Metals Co., Ltd. of CBPM | CHINA | Gold |
| Guangdong Jinding Gold Limited | CHINA | Gold |
| Guoda Safina High-Tech Environmental Refinery Co., Ltd. | CHINA | Gold |
| Hangzhou Fuchunjiang Smelting Co., Ltd. | CHINA | Gold |
| Heimerle + Meule GmbH | GERMANY | Gold |
| Heraeus Germany GmbH Co. KG | GERMANY | Gold |
| Heraeus Metals Hong Kong Ltd. | CHINA | Gold |
| Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd. | CHINA | Gold |
| HwaSeong CJ CO., LTD. | KOREA, REPUBLIC OF | Gold |
| Impala Refineries – Base Metals Refinery (BMR) | SOUTH AFRICA | Gold |
| Impala Refineries – Platinum Metals Refinery (PMR) | SOUTH AFRICA | Gold |
| Impala Rustenburg | SOUTH AFRICA | Gold |
| Inca One (Chala One Plant) | PERU | Gold |
| Inca One (Koricancha Plant) | PERU | 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 |
| Jiangxi Copper Co., Ltd. | CHINA | 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 |
| 5 |
| Kaloti Precious Metals | UNITED ARAB EMIRATES | Gold |
| Kazakhmys Smelting LLC | KAZAKHSTAN | Gold |
| Kazzinc | KAZAKHSTAN | Gold |
| Kennecott Utah Copper LLC | UNITED STATES OF AMERICA | Gold |
| KGHM Polska Miedz Spolka Akcyjna | POLAND | Gold |
| Kojima Chemicals Co., Ltd. | JAPAN | Gold |
| Korea Zinc Co., Ltd. | KOREA, REPUBLIC OF | 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 |
| Lingbao Gold Co., Ltd. | CHINA | Gold |
| Lingbao Jinyuan Tonghui Refinery Co., Ltd. | CHINA | Gold |
| L'Orfebre S.A. | ANDORRA | Gold |
| LS MnM 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 |
| Matsuda Sangyo Co., Ltd. | JAPAN | Gold |
| MD Overseas | INDIA | Gold |
| Metal Concentrators SA (Pty) Ltd. | SOUTH AFRICA | Gold |
| Metallix Refining Inc. | UNITED STATES OF AMERICA | 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 Mining and Smelting Co., Ltd. | JAPAN | Gold |
| MKS PAMP SA | SWITZERLAND | Gold |
| MMTC-PAMP India Pvt., Ltd. | INDIA | Gold |
| Modeltech Sdn Bhd | MALAYSIA | Gold |
| Morris and Watson | NEW ZEALAND | 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 |
| 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 |
| Pease & Curren | UNITED STATES OF AMERICA | Gold |
| Penglai Penggang Gold Industry Co., Ltd. | CHINA | Gold |
| 6 |
| Planta Recuperadora de Metales SpA | CHILE | 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 |
| Refinery of Seemine Gold Co., Ltd. | CHINA | Gold |
| REMONDIS PMR B.V. | NETHERLANDS | 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 |
| Sai Refinery | INDIA | Gold |
| Samduck Precious Metals | KOREA, REPUBLIC OF | Gold |
| Samwon Metals Corp. | KOREA, REPUBLIC OF | Gold |
| SEMPSA Joyeria Plateria S.A. | SPAIN | Gold |
| Shandong Gold Smelting Co., Ltd. | CHINA | Gold |
| Shandong Humon Smelting Co., Ltd. | CHINA | Gold |
| Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | CHINA | Gold |
| Shenzhen CuiLu Gold Co., Ltd. | CHINA | Gold |
| Shenzhen Zhonghenglong Real Industry Co., Ltd. | CHINA | Gold |
| Shirpur Gold Refinery Ltd. | INDIA | Gold |
| Sichuan Tianze Precious Metals Co., Ltd. | CHINA | Gold |
| Singway Technology Co., Ltd. | TAIWAN, PROVINCE OF 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 |
| Super Dragon Technology Co., Ltd. | TAIWAN, PROVINCE OF CHINA | Gold |
| T.C.A S.p.A | ITALY | Gold |
| Tanaka Kikinzoku Kogyo K.K. | JAPAN | Gold |
| Tokuriki Honten Co., Ltd. | JAPAN | Gold |
| Tongling Nonferrous Metals Group Co., Ltd. | CHINA | Gold |
| TOO Tau-Ken-Altyn | KAZAKHSTAN | Gold |
| Torecom | KOREA, REPUBLIC OF | Gold |
| Umicore Precious Metals Thailand | THAILAND | Gold |
| Umicore S.A. Business Unit Precious Metals Refining | BELGIUM | Gold |
| 7 |
| United Precious Metal Refining, Inc. | UNITED STATES OF AMERICA | Gold |
| Valcambi S.A. | SWITZERLAND | Gold |
| WEEEREFINING | FRANCE | Gold |
| Western Australian Mint (T/a The Perth Mint) | AUSTRALIA | Gold |
| WIELAND Edelmetalle GmbH | GERMANY | Gold |
| Yamakin Co., Ltd. | JAPAN | Gold |
| Yokohama Metal Co., Ltd. | JAPAN | Gold |
| Yunnan Copper Industry Co., Ltd. | CHINA | Gold |
| Zhongyuan Gold Smelter of Zhongjin Gold Corporation | CHINA | Gold |
| AMG Brasil | BRAZIL | Tantalum |
| D Block Metals, LLC | UNITED STATES OF AMERICA | Tantalum |
| F&X Electro-Materials Ltd. | 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 |
| Hengyang King Xing Lifeng New Materials Co., Ltd. | CHINA | Tantalum |
| Jiangxi Dinghai Tantalum & Niobium Co., Ltd. | CHINA | Tantalum |
| Jiangxi Tuohong New Raw Material | CHINA | Tantalum |
| JiuJiang JinXin Nonferrous Metals Co., Ltd. | CHINA | Tantalum |
| Jiujiang Tanbre Co., Ltd. | CHINA | Tantalum |
| Jiujiang Zhongao Tantalum & Niobium Co., Ltd. | CHINA | Tantalum |
| KEMET de Mexico | MEXICO | Tantalum |
| Materion Newton Inc. | UNITED STATES OF AMERICA | Tantalum |
| Metallurgical Products India Pvt., Ltd. | INDIA | Tantalum |
| Mineracao Taboca S.A. | BRAZIL | Tantalum |
| Mitsui Mining and Smelting Co., Ltd. | JAPAN | Tantalum |
| Ningxia Orient Tantalum Industry Co., Ltd. | CHINA | Tantalum |
| NPM Silmet AS | ESTONIA | Tantalum |
| PowerX Ltd. | RWANDA | Tantalum |
| QuantumClean | UNITED STATES OF AMERICA | Tantalum |
| Resind Industria e Comercio Ltda. | BRAZIL | Tantalum |
| RFH Yancheng Jinye New Material Technology Co., Ltd. | CHINA | Tantalum |
| Smelter not listed | CHINA | Tantalum |
| Smelter not listed | CHINA | Tantalum |
| Solikamsk Magnesium Works OAO | RUSSIAN FEDERATION | Tantalum |
| Taki Chemical Co., Ltd. | JAPAN | Tantalum |
| TANIOBIS Co., Ltd. | THAILAND | Tantalum |
| TANIOBIS GmbH | GERMANY | Tantalum |
| TANIOBIS Japan Co., Ltd. | JAPAN | Tantalum |
| TANIOBIS Smelting GmbH & Co. KG | GERMANY | Tantalum |
| 8 |
| Telex Metals | UNITED STATES OF AMERICA | Tantalum |
| Ulba Metallurgical Plant JSC | KAZAKHSTAN | Tantalum |
| XIMEI RESOURCES (GUANGDONG) LIMITED | CHINA | Tantalum |
| XinXing HaoRong Electronic Material Co., Ltd. | CHINA | Tantalum |
| Yanling Jincheng Tantalum & Niobium Co., Ltd. | CHINA | Tantalum |
| Alpha | UNITED STATES OF AMERICA | Tin |
| An Vinh Joint Stock Mineral Processing Company | VIET NAM | Tin |
| Aurubis Beerse | BELGIUM | Tin |
| Aurubis Berango | SPAIN | Tin |
| Chenzhou Yunxiang Mining and Metallurgy Co., Ltd. | CHINA | Tin |
| Chifeng Dajingzi Tin Industry Co., Ltd. | CHINA | Tin |
| China Tin Group Co., Ltd. | CHINA | 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 Venus Inti Perkasa | INDONESIA | Tin |
| Dongguan CiEXPO Environmental Engineering Co., Ltd. | CHINA | Tin |
| Dowa | JAPAN | Tin |
| DS Myanmar | MYANMAR | Tin |
| Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company | VIET NAM | Tin |
| EM Vinto | BOLIVIA (PLURINATIONAL STATE OF) | Tin |
| Estanho de Rondonia S.A. | BRAZIL | Tin |
| Fabrica Auricchio Industria e Comercio Ltda. | BRAZIL | Tin |
| Fenix Metals | POLAND | Tin |
| Gejiu City Fuxiang Industry and Trade Co., Ltd. | CHINA | Tin |
| Gejiu Kai Meng Industry and Trade LLC | CHINA | Tin |
| Gejiu Non-Ferrous Metal Processing Co., Ltd. | CHINA | Tin |
| Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. | CHINA | Tin |
| Gejiu Zili Mining And Metallurgy Co., Ltd. | CHINA | Tin |
| Guangdong Hanhe Non-Ferrous Metal Co., Ltd. | CHINA | Tin |
| HuiChang Hill Tin Industry Co., Ltd. | CHINA | Tin |
| Jiangxi New Nanshan Technology Ltd. | CHINA | Tin |
| Luna Smelter, Ltd. | RWANDA | Tin |
| Ma'anshan Weitai Tin Co., Ltd. | CHINA | Tin |
| Magnu's Minerais Metais e Ligas Ltda. | BRAZIL | Tin |
| Malaysia Smelting Corporation (MSC) | MALAYSIA | Tin |
| Malaysia Smelting Corporation Berhad (Port Klang) | MALAYSIA | Tin |
| Melt Metais e Ligas S.A. | BRAZIL | Tin |
| Metallic Resources, Inc. | UNITED STATES OF AMERICA | Tin |
| 9 |
| Mineracao Taboca S.A. | BRAZIL | Tin |
| Mining Minerals Resources SARL | CONGO, DEMOCRATIC REPUBLIC OF THE | Tin |
| Minsur | PERU | Tin |
| Mitsubishi Materials Corporation | JAPAN | Tin |
| Nghe Tinh Non-Ferrous Metals Joint Stock Company | VIET NAM | Tin |
| Novosibirsk Tin Combine | RUSSIAN FEDERATION | Tin |
| O.M. Manufacturing (Thailand) Co., Ltd. | THAILAND | Tin |
| O.M. Manufacturing Philippines, Inc. | PHILIPPINES | Tin |
| Operaciones Metalurgicas S.A. | BOLIVIA (PLURINATIONAL STATE OF) | Tin |
| Pongpipat Company Limited | MYANMAR | Tin |
| Precious Minerals and Smelting Limited | INDIA | Tin |
| PT Aries Kencana Sejahtera | INDONESIA | Tin |
| PT Artha Cipta Langgeng | INDONESIA | Tin |
| PT ATD Makmur Mandiri Jaya | INDONESIA | Tin |
| PT Babel Inti Perkasa | INDONESIA | Tin |
| PT Babel Surya Alam Lestari | INDONESIA | Tin |
| PT Bangka Prima Tin | 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 Cipta Persada Mulia | INDONESIA | Tin |
| PT Menara Cipta Mulia | INDONESIA | Tin |
| PT Mitra Stania Prima | INDONESIA | Tin |
| PT Mitra Sukses Globalindo | INDONESIA | Tin |
| PT Panca Mega Persada | INDONESIA | Tin |
| PT Premium Tin Indonesia | INDONESIA | Tin |
| PT Prima Timah Utama | INDONESIA | Tin |
| PT Putera Sarana Shakti (PT PSS) | 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 (SIM) | 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 Tirus Putra Mandiri | INDONESIA | Tin |
| PT Tommy Utama | INDONESIA | Tin |
| Resind Industria e Comercio Ltda. | BRAZIL | Tin |
| Rui Da Hung | TAIWAN, PROVINCE OF CHINA | Tin |
| 10 |
| Smelter not listed | BRAZIL | Tin |
| Super Ligas | BRAZIL | Tin |
| Takehara PVD Materials Plant / PVD Materials Division of MITSUI MINING & SMELTING CO., LTD. | JAPAN | Tin |
| Thai Nguyen Mining and Metallurgy Co., Ltd. | VIET NAM | Tin |
| Thaisarco | THAILAND | Tin |
| Tin Smelting Branch of Yunnan Tin Co., Ltd. | CHINA | Tin |
| Tin Technology & Refining | UNITED STATES OF AMERICA | Tin |
| Tuyen Quang Non-Ferrous Metals Joint Stock Company | VIET NAM | Tin |
| VQB Mineral and Trading Group JSC | VIET NAM | Tin |
| White Solder Metalurgia e Mineracao Ltda. | BRAZIL | Tin |
| Woodcross Smelting Company Limited |
| Tin |
| Yunnan Yunfan Non-ferrous Metals 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 |
| China Molybdenum Tungsten Co., Ltd. | CHINA | Tungsten |
| Chongyi Zhangyuan Tungsten Co., Ltd. | CHINA | Tungsten |
| CNMC (Guangxi) PGMA Co., Ltd. | CHINA | Tungsten |
| Cronimet Brasil Ltda | BRAZIL | Tungsten |
| Fujian Xinlu Tungsten Co., Ltd. | CHINA | Tungsten |
| Ganzhou Jiangwu Ferrotungsten Co., Ltd. | CHINA | Tungsten |
| Ganzhou Seadragon W & Mo Co., Ltd. | CHINA | Tungsten |
| Global Tungsten & Powders LLC | UNITED STATES OF AMERICA | Tungsten |
| Guangdong Xianglu Tungsten Co., Ltd. | CHINA | Tungsten |
| H.C. Starck Tungsten GmbH | GERMANY | Tungsten |
| Hubei Green Tungsten Co., Ltd. | CHINA | Tungsten |
| Hunan Chenzhou Mining Co., Ltd. | CHINA | Tungsten |
| Hunan Jintai New Material Co., Ltd. | CHINA | Tungsten |
| Hunan Shizhuyuan Nonferrous Metals Co., Ltd. Chenzhou Tungsten Products Branch | 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 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 Xinsheng Tungsten Industry Co., Ltd. | CHINA | Tungsten |
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| Jiangxi Yaosheng Tungsten Co., Ltd. | CHINA | Tungsten |
| JSC "Kirovgrad Hard Alloys Plant" | RUSSIAN FEDERATION | Tungsten |
| Kenee Mining Corporation Vietnam | VIET NAM | Tungsten |
| Kennametal Fallon | UNITED STATES OF AMERICA | Tungsten |
| Kennametal Huntsville | UNITED STATES OF AMERICA | Tungsten |
| Lianyou Metals Co., Ltd. | TAIWAN, PROVINCE OF CHINA | Tungsten |
| Lianyou Resources Co., Ltd. | TAIWAN, PROVINCE OF CHINA | Tungsten |
| LLC Vostok | RUSSIAN FEDERATION | Tungsten |
| Malipo Haiyu Tungsten Co., Ltd. | CHINA | Tungsten |
| Masan High-Tech Materials | VIET NAM | Tungsten |
| Moliren Ltd. | RUSSIAN FEDERATION | Tungsten |
| Niagara Refining LLC | UNITED STATES OF AMERICA | Tungsten |
| NPP Tyazhmetprom LLC | RUSSIAN FEDERATION | Tungsten |
| OOO “Technolom” 1 | RUSSIAN FEDERATION | Tungsten |
| OOO “Technolom” 2 | RUSSIAN FEDERATION | Tungsten |
| Philippine Chuangxin Industrial Co., Inc. | PHILIPPINES | Tungsten |
| Shinwon Tungsten (Fujian Shanghang) Co., Ltd. | CHINA | Tungsten |
| Smelter not listed | GERMANY | Tungsten |
| TANIOBIS Smelting GmbH & Co. KG | GERMANY | Tungsten |
| Tungsten Vietnam Joint Stock Company | VIET NAM | Tungsten |
| Unecha Refractory metals plant | RUSSIAN FEDERATION | Tungsten |
| Wolfram Bergbau und Hutten AG | AUSTRIA | Tungsten |
| Xiamen Tungsten (H.C.) Co., Ltd. | CHINA | Tungsten |
| Xiamen 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.
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