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Exhibit 1.01
Ballard Power Systems Inc.
Conflict Minerals Report
For the Year Ended December 31, 2024
This Conflict Minerals Report (the “Report”) has been prepared in compliance with Rule 13p-1 and Form SD (the “Rule”) pursuant to the Securities Exchange Act of 1934, as amended, for the year ended December 31, 2024. It has been prepared by management of Ballard Power Systems Inc. (herein referred to as “Ballard,” “the Company”, “we,” “us,” or “our”) and includes information relating to the activities of all consolidated subsidiaries.
The Rule imposes certain reporting obligations when an SEC registrant company manufactures or contracts to manufacture products that contain minerals specified in the Rule which are necessary for the functionality or production of those products. The specified minerals are cassiterite, columbite-tantalite (coltran), wolframite, and their derivatives, which are limited to tin, tantalum, tungsten, and gold (collectively, the “Conflict Minerals”).
As described in this Report, certain of Ballard’s operations manufacture or contract to manufacture products and Conflict Minerals are necessary to the functionality or production of those products.
If a registrant can establish that the Conflict Minerals originated from sources other than the Democratic Republic of the Congo, the Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania, Zambia or Angola (the “Covered Countries”), or from recycled and scrap sources, or if it has no reason to believe that its Conflict Minerals may have originated in the Covered Countries, or if based on its reasonable country of origin inquiry the registrant reasonably believes that its Conflict Minerals did come from recycled or scrap sources, they must submit a Form SD which describes the Reasonable Country of Origin Inquiry completed.
If a registrant has reason to believe that any of the Conflict Minerals in their supply chain may have originated in the Covered Countries, or if they are unable to determine the country of origin of those Conflict Minerals, then the issuer must exercise due diligence on the Conflict Minerals source and chain of custody. The registrant must annually submit a report, Conflict Minerals Report (“CMR”), to the SEC that includes a description of those due diligence measures.
The report presented herein is not audited as the Rule provides that if a registrant’s products are “DRC conflict undeterminable” during the specified grace period, the CMR is not subject to an independent private sector audit.
Description of The Company’s Products Covered by this Report
Ballard provides products in three distinct product classes:
1.Fuel cell stacks: Ballard provides FCgen® and FCvelocity® fuel cell stacks to original equipment manufacturer customers and system integrators that use the stacks to produce fuel cell systems for power solutions.
2.Fuel cell modules: Ballard builds the stacks into self-contained FCwave™, FCmove™- HD, FCmove -HD+, FCmove – XD, FCmove – Rail, and FCvelocity®- HD or MD modules that are plug-and-play into larger fuel cell systems.
3.Membrane electrode assemblies: Ballard produces FCgen® membrane electrode assembly (“MEA”) and FCvelocity® MEA that are incorporated in FCgen® and FCvelocity® fuel cell stacks.
All of our products contain electronic, electrical and/or heating components that are necessary for the functionality of these products, and all of these components contain one or more Conflict Minerals.
Part I. Due Diligence
1.1 Design of Due Diligence
The Company has conducted a good faith reasonable country of origin inquiry (“RCOI”) regarding the Conflict Minerals. This good faith RCOI was designed to determine, to the extent reasonably possible, whether any Conflict Minerals in our products originated in the Covered Countries and whether any of the Conflict Minerals may be from recycled or scrap sources. We also exercised due diligence on the source and chain of custody of Conflict Minerals in our products.
Our due diligence measures have been designed to conform, in all material respects, with the framework in the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas: Second Edition (“OECD Guidance”) and the related Supplements for gold and for tin, tantalum and tungsten.
1.2 Supply chain
We purchase hundreds of components for our products, including electronic boards, valves, heating elements, electrical connectors and other hardware items, all of which are procured through a wide variety of commercial sources.
As a downstream company (as the term is used in the OECD Guidance), Ballard does not purchase Conflict Minerals directly from mines, smelters or refiners and does not have any direct relationship with them. Our supply chain with respect to our products is complex and there are many parties in the supply chain between the manufacture of our products and the original source of Conflict Minerals.
1.3 Controls Systems
Ballard has established a management system for Conflict Minerals. Our management system includes a compliance team sponsored by our Senior Vice President & Chief Operating Officer; as well as senior management representatives and a team of subject matter experts from relevant functions such as Supply Chain, Manufacturing, Finance and Legal. The team is responsible for implementing our Conflict Minerals compliance strategy and is led by a senior supply chain manager. Senior management is briefed about the results of our due diligence efforts on a regular basis.
We also participate in the Conflict Free Sourcing Initiative (now known as the Responsible Minerals Initiative (“RMI”)), an initiative for companies from a range of industries addressing conflict minerals issues in their supply chains.
Other controls include, but are not limited to, our Code of Conduct which outlines expected behaviors for all Ballard employees, our Conflict Minerals Policy (reprinted below) and our Supplier Conduct Principles (available at http://www.ballard.com/about-ballard/suppliers).
1.3 Conflict Minerals Policy
We have adopted the following Conflict Minerals policy:
The mining of certain minerals from the eastern portion of the Democratic Republic of the Congo (DRC) and surrounding countries has financed armed conflict, resulting in violence and human rights violations in the region. In July 2010, the US Congress passed legislation requiring the US Securities and Exchange Commission (SEC) to adopt rules that all US publicly traded companies must disclose their use of Conflict Minerals. The SEC defines "Conflict Minerals" as gold, cassiterite, columbite-tantalite, wolframite, or their derivatives (specifically, tin, tantalum, and tungsten), or any other minerals or their derivatives determined by the US Secretary of State to be financing conflict in this region.
Ballard is committed to avoiding the use of Conflict Minerals which directly or indirectly finance or benefit armed groups in the DRC or adjoining countries. Ballard is committed to complying with the reporting obligations required by the SEC, including the requirement that Ballard conduct inquiries into the source of any Conflict Minerals included in its products.
Ballard does not directly purchase or source the raw metals used in our products. For this reason, tracing the path of minerals throughout our supply chain is a complex process. We also do not have complete visibility into the sources of all component minerals. However, we actively engage with our suppliers to promote responsible sourcing practices, and we conduct due diligence to determine whether the materials provided by our suppliers contain Conflict Minerals.
Ballard suppliers are required to acknowledge Ballard’s Code of Conduct, which includes requirements regarding Conflict Minerals and responsible sourcing. Suppliers are also responsible for passing the same requirements on to their suppliers.
Suppliers will be required to declare that all products supplied either:
•Do not contain tantalum, tin, tungsten or gold that are necessary to their production or functionality, or,
•If they do contain these minerals, they originate from non-conflict areas or from smelters that have been validated by an independent private sector party to be conflict free.
Ballard will evaluate its relationships with its suppliers on an ongoing basis to ensure continued compliance with this policy. Ballard reserves the right to request additional documentation from its suppliers regarding the source of any Conflict Minerals included in its products. In addition, suppliers must maintain and provide Ballard upon request traceability data for a minimum of five years. Suppliers who do not comply with these requirements shall be reviewed by Ballard’s supply chain organization for future business.
For additional information about our commitment to responsible sourcing and other human rights, see our Supplier Principles of Conduct.
1.4 Certification or Audit of Smelters and Refiners
We do not have a direct relationship with Conflict Minerals smelters and refiners and do not perform or direct audits of these entities within our supply chain. We rely on the list of smelters and refiners that have received a “conflict free” designation from the Responsible Minerals Assurance Process (“RMAP”), or other independent third-party audit program, which provide country of origin and due diligence information on the Conflict Minerals sourced by such facilities.
We have determined that the most reasonable method of determining the mines or locations of origin of the Conflict Minerals in our supply chain is to identify the smelters and refiners supplying the Conflict Minerals by requesting our suppliers to complete the Template (as defined below), and then checking those smelters and refiners with the RMAP list.
1.5 Risk Assessment
We have identified 975 direct suppliers of various raw materials, products and services. Because of our size, the complexity of our products, and the depth, breadth, and constant evolution of our supply chain, it is difficult to identify factors upstream from our direct suppliers. Accordingly we rely on these suppliers to provide us with information about the source of Conflict Minerals contained in the components supplied to us. Our direct suppliers are similarly reliant upon information provided by their suppliers. Many of the largest suppliers are also SEC registrants and subject to the Rule.
It is not practical to conduct a survey of all our suppliers and we believe a reasonable approach would be to conduct a survey of the suppliers who represented the majority of our expenditures in 2024 for purchases related to products we manufacture. In
addition, we included suppliers of components that by their nature were likely to contain Conflict Minerals. In total, we identified 233 direct suppliers for our survey. We believe that this risk-based approach is consistent with how many peer companies are approaching their due diligence.
Supplier Survey
We conducted a survey of those suppliers described above using the template developed by the Electronic Industry Citizenship Coalition® (EICC®) and The Global e-Sustainability Initiative (GeSI), known as the Conflict Minerals Reporting Template (the “Template”). The Template was developed to facilitate disclosure and communication of information regarding smelters that provide material to a company’s supply chain. It includes questions regarding a company’s conflict-free policy, engagement with its direct suppliers, and a listing of the smelters the company and its suppliers use. In addition, the template contains questions about the origin of Conflict Minerals included in their products, as well as supplier due diligence. Training resources illustrating the use of the tool are available on RMI’s website. The Template is being used by many companies in their due diligence processes related to Conflict Minerals.
Survey Responses
We received responses from 66% of the suppliers surveyed. We reviewed the responses against criteria developed to determine which required further engagement with our suppliers. These criteria included untimely or incomplete responses as well as inconsistencies within the data reported in the template. We will work directly with these suppliers to provide revised responses in the future.
37 suppliers were able to identify specifically the smelters or refiners of Conflict Minerals that may have gone into parts supplied to Ballard. These responses included the names of 387 entities. We compared these facilities to the RMI list of smelters and refiners and where a supplier indicated that the facility was certified as Conflict-Free, we ensured that the name was listed by RMAP. 1 Supplier provided only smelter identification numbers for smelters or refiners. Of the smelters or refiners named by suppliers, 11 were not on the RMI list. The remaining smelters or refiners were on the RMI list and are certified Conflict-Free by RMAP.
None of our suppliers provided information at a part number level. The large majority of the responses received provided data at a company or divisional level and, except as described above the majority of our direct suppliers were unable to specify the smelters or refiners used for components supplied to Ballard. Therefore, except as set out below, we are unable to identify any of the smelters or refiners that are actually in our supply chain.
Smelters or Refiners
The list of smelters and refiners of Conflict Minerals identified by our direct suppliers that supply such direct suppliers and may have gone into parts supplied to Ballard are listed in the Appendix.
1.6 Risk Mitigation & Future Due Diligence Measures
In response to this risk assessment, Ballard has an approved risk management plan, through which the Conflict Minerals program is implemented, managed and monitored. Updates to this risk assessment are provided regularly to senior management.
We intend to take the following steps to improve the due diligence conducted to further mitigate any risk that the necessary Conflict Minerals in our products could benefit armed groups in the DRC or adjoining countries:
•As we enter into new contracts, or our contracts are renewed, we are adding a clause to require suppliers to provide information about the source of Conflict Minerals and smelters. It will take a number of years to ensure that all our
supplier contracts contain appropriate flow-down clauses. In the meantime we are working with selected suppliers to ensure they provide the Conflict Minerals sourcing information until the contracts can be amended.
•Expand the number of suppliers requested to supply information.
•Engage with suppliers and direct them to training resources to attempt to increase the response rate and improve the content of the supplier survey responses.
•Engage any of our suppliers whom we have reason to believe are supplying us with Conflict Minerals from sources that may support conflict in the DRC or any adjoining country to establish an alternative source of Conflict Minerals that does not support such conflict, as provided in the OECD guidance.
•Work with relevant trade associations to define and improve best practices and build leverage over the supply chain in accordance with the OECD Guidance.
Part II. Product Description
Given that all suppliers did not respond to our survey, and that the majority of responses we received were provided at a company or supplier-defined level not specific to the components supplied to Ballard, and that a number of suppliers do not know the origin of the Conflict Minerals in their products, we do not have sufficient information to determine the origin of the Conflict Minerals in our products subject to the Report, whether the Conflict Minerals came from scrap or recycled sources, the specific facilities used to process the Conflict Minerals, or the country of origin or the mine or location of the origin of the Conflict Minerals.
After exercising the due diligence described above, Ballard was unable to determine whether or not each of our products qualify as “DRC conflict free”, as defined under the Rule. Accordingly, we have reasonably determined that all of our products are “DRC conflict undeterminable”, as defined in the Rule.
The facilities used to process the Conflict Minerals in our product and their countries of origin, to the extent known, are set out above.
Ballard expects to take the risk mitigation steps described above to improve its due diligence efforts and to further mitigate the risk that Conflict Minerals contained in our products finance or benefit armed groups in the Covered Countries.
Appendix
Smelters or Refiners
The following is a list of smelters and refiners of Conflict Minerals identified by our direct suppliers that supply such direct suppliers and may have gone into parts supplied to Ballard:
| | | | | | | | | | | |
| Metal | Smelter Name | Smelter Country | Smelter Identification |
| Gold | Agosi AG | Germany | CID000035 |
| Gold | Umicore S.A. Business Unit Precious Metals Refining | Belgium | CID001980 |
| Gold | Metalor Technologies S.A. | Switzerland | CID001153 |
| Gold | Argor-Heraeus S.A. | Switzerland | CID000077 |
| Gold | Aurubis AG | Germany | CID000113 |
| Gold | C. Hafner GmbH + Co. KG | Germany | CID000176 |
| Gold | Heimerle + Meule GmbH | Germany | CID000694 |
| Gold | WIELAND Edelmetalle GmbH | Germany | CID002778 |
| Gold | Almalyk Mining and Metallurgical Complex (AMMC) | Uzbekistan | CID000041 |
| Gold | AngloGold Ashanti Corrego do Sitio Mineracao | Brazil | CID000058 |
| Gold | Asahi Pretec Corp. | Japan | CID000082 |
| Gold | Bangko Sentral ng Pilipinas (Central Bank of the Philippines) | Philippines | CID000128 |
| Gold | Boliden Ronnskar | Sweden | CID000157 |
| Gold | CCR Refinery - Glencore Canada Corporation | Canada | CID000185 |
| Gold | Chimet S.p.A. | Italy | CID000233 |
| Gold | Heraeus Metals Hong Kong Ltd. | China | CID000707 |
| Gold | Heraeus Germany GmbH Co. KG | Germany | CID000711 |
| Gold | Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd. | China | CID000801 |
| Gold | Ishifuku Metal Industry Co., Ltd. | Japan | CID000807 |
| Gold | Japan Mint | Japan | CID000823 |
| Gold | Jiangxi Copper Co., Ltd. | China | CID000855 |
| Gold | Asahi Refining USA Inc. | United States of America | CID000920 |
| Gold | Asahi Refining Canada Ltd. | Canada | CID000924 |
| Gold | JX Nippon Mining & Metals Co., Ltd. | Japan | CID000937 |
| Gold | Kazzinc | Kazakhstan | CID000957 |
| Gold | LS MnM Inc. | Korea, Republic of | CID001078 |
| Gold | Matsuda Sangyo Co., Ltd. | Japan | CID001119 |
| Gold | Metalurgica Met-Mex Penoles S.A. De C.V. | Mexico | CID001161 |
| | | | | | | | | | | |
| Gold | Mitsubishi Materials Corporation | Japan | CID001188 |
| Gold | Mitsui Mining and Smelting Co., Ltd. | Japan | CID001193 |
| Gold | Nadir Metal Rafineri San. Ve Tic. A.S. | Turkey | CID001220 |
| Gold | Nihon Material Co., Ltd. | Japan | CID001259 |
| Gold | MKS PAMP SA | Switzerland | CID001352 |
| Gold | PT Aneka Tambang (Persero) Tbk | Indonesia | CID001397 |
| Gold | PX Precinox S.A. | Switzerland | CID001498 |
| Gold | Rand Refinery (Pty) Ltd. | South Africa | CID001512 |
| Gold | Royal Canadian Mint | Canada | CID001534 |
| Gold | SEMPSA Joyeria Plateria S.A. | Spain | CID001585 |
| Gold | Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | China | CID001622 |
| Gold | Sichuan Tianze Precious Metals Co., Ltd. | China | CID001736 |
| Gold | Solar Applied Materials Technology Corp. | Taiwan | CID001761 |
| Gold | Sumitomo Metal Mining Co., Ltd. | Japan | CID001798 |
| Gold | Tanaka Kikinzoku Kogyo K.K. | Japan | CID001875 |
| Gold | Shandong Gold Smelting Co., Ltd. | China | CID001916 |
| Gold | Tokuriki Honten Co., Ltd. | Japan | CID001938 |
| Gold | Western Australian Mint (T/a The Perth Mint) | Australia | CID002030 |
| Gold | Zhongyuan Gold Smelter of Zhongjin Gold Corporation | China | CID002224 |
| Gold | Gold Refinery of Zijin Mining Group Co., Ltd. | China | CID002243 |
| Gold | MMTC-PAMP India Pvt., Ltd. | India | CID002509 |
| Gold | T.C.A S.p.A | Italy | CID002580 |
| Gold | Metalor Technologies (Suzhou) Ltd. | China | CID001147 |
| Gold | Metalor Technologies (Hong Kong) Ltd. | China | CID001149 |
| Gold | Metalor Technologies (Singapore) Pte., Ltd. | Singapore | CID001152 |
| Gold | Metalor USA Refining Corporation | United States of America | CID001157 |
| Gold | Valcambi S.A. | Switzerland | CID002003 |
| Gold | Italpreziosi | Italy | CID002765 |
| Gold | Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH | Austria | CID002779 |
| Gold | Chugai Mining | Japan | CID000264 |
| Gold | Navoi Mining and Metallurgical Combinat | Uzbekistan | CID001236 |
| | | | | | | | | | | |
| Gold | KGHM Polska Miedz Spolka Akcyjna | Poland | CID002511 |
| Gold | TOO Tau-Ken-Altyn | Kazakhstan | CID002615 |
| Gold | Bangalore Refinery | India | CID002863 |
| Gold | Korea Zinc Co., Ltd. | Korea, Republic of | CID002605 |
| Gold | Planta Recuperadora de Metales SpA | Chile | CID002919 |
| Gold | Dowa | Japan | CID000401 |
| Gold | Eco-System Recycling Co., Ltd. East Plant | Japan | CID000425 |
| Gold | LT Metal Ltd. | Korea, Republic of | CID000689 |
| Gold | Kojima Chemicals Co., Ltd. | Japan | CID000981 |
| Gold | United Precious Metal Refining, Inc. | United States of America | CID001993 |
| Gold | Yamakin Co., Ltd. | Japan | CID002100 |
| Gold | REMONDIS PMR B.V. | Netherlands | CID002582 |
| Gold | Advanced Chemical Company | United States of America | CID000015 |
| Gold | Aida Chemical Industries Co., Ltd. | Japan | CID000019 |
| Gold | Asaka Riken Co., Ltd. | Japan | CID000090 |
| Gold | DSC (Do Sung Corporation) | Korea, Republic of | CID000359 |
| Gold | Ohura Precious Metal Industry Co., Ltd. | Japan | CID001325 |
| Gold | Torecom | Korea, Republic of | CID001955 |
| Gold | Yokohama Metal Co., Ltd. | Japan | CID002129 |
| Gold | SungEel HiMetal Co., Ltd. | Korea, Republic of | CID002918 |
| Gold | Eco-System Recycling Co., Ltd. North Plant | Japan | CID003424 |
| Gold | Metal Concentrators SA (Pty) Ltd. | South Africa | CID003575 |
| Gold | GG Refinery Ltd. | Tanzania | CID004506 |
| Gold | Weeerefining | France | CID003615 |
| Gold | Eco-System Recycling Co., Ltd. West Plant | Japan | CID003425 |
| Gold | Gold by Gold Colombia | Colombia | CID003641 |
| Gold | SAFINA A.S. | Czechia | CID002290 |
| Gold | NH Recytech Company | Korea, Republic of | CID003189 |
| Gold | Coimpa Industrial LTDA | Brazil | CID004010 |
| Gold | Istanbul Gold Refinery | Turkey | CID000814 |
| | | | | | | | | | | |
| Gold | Kennecott Utah Copper LLC | United States of America | CID000969 |
| Gold | Caridad | Mexico | CID000180 |
| Gold | Cendres + Metaux S.A. | Switzerland | CID000189 |
| Gold | Yunnan Copper Industry Co., Ltd. | China | CID000197 |
| Gold | Refinery of Seemine Gold Co., Ltd. | China | CID000522 |
| Gold | Guoda Safina High-Tech Environmental Refinery Co., Ltd. | China | CID000651 |
| Gold | Hunan Chenzhou Mining Co., Ltd. | China | CID000767 |
| Gold | JSC Ekaterinburg Non-Ferrous Metal Processing Plant | Russian Federation | CID000927 |
| Gold | Kazakhmys Smelting LLC | Kazakhstan | CID000956 |
| Gold | Luoyang Zijin Yinhui Gold Refinery Co., Ltd. | China | CID001093 |
| Gold | Materion | United States of America | CID001113 |
| Gold | OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet) | Russian Federation | CID001326 |
| Gold | Great Wall Precious Metals Co., Ltd. of CBPM | China | CID001909 |
| Gold | Guangdong Jinding Gold Limited | China | CID002312 |
| Gold | Fidelity Printers and Refiners Ltd. | Zimbabwe | CID002515 |
| Gold | International Precious Metal Refiners | United Arab Emirates | CID002562 |
| Gold | Fujairah Gold FZC | United Arab Emirates | CID002584 |
| Gold | Abington Reldan Metals, LLC | United States of America | CID002708 |
| Gold | Degussa Sonne / Mond Goldhandel GmbH | Germany | CID002867 |
| Gold | Emerald Jewel Industry India Limited (Unit 4) | India | CID003490 |
| Gold | Impala Platinum - Platinum Metals Refinery (PMR) | South Africa | CID004714 |
| Gold | Atasay Kuyumculuk Sanayi Ve Ticaret A.S. | Turkey | CID000103 |
| Gold | Daye Non-Ferrous Metals Mining Ltd. | China | CID000343 |
| Gold | Hunan Guiyang Yinxing Nonferrous Smelting Co., Ltd. | China | CID000773 |
| Gold | JSC Uralelectromed | Russian Federation | CID000929 |
| Gold | Lingbao Gold Co., Ltd. | China | CID001056 |
| Gold | Hangzhou Fuchunjiang Smelting Co., Ltd. | China | CID000671 |
| Gold | Kyrgyzaltyn JSC | Kyrgyzstan | CID001029 |
| Gold | L'azurde Company for Jewelry | Saudi Arabia | CID001032 |
| Gold | JSC Novosibirsk Refinery | Russian Federation | CID000493 |
| Gold | HwaSeong CJ CO., LTD. | Korea, Republic of | CID000778 |
| Gold | Lingbao Jinyuan Tonghui Refinery Co., Ltd. | China | CID001058 |
| Gold | Moscow Special Alloys Processing Plant | Russian Federation | CID001204 |
| | | | | | | | | | | |
| Gold | Penglai Penggang Gold Industry Co., Ltd. | China | CID001362 |
| Gold | Sabin Metal Corp. | United States of America | CID001546 |
| Gold | Samduck Precious Metals | Korea, Republic of | CID001555 |
| Gold | Samwon Metals Corp. | Korea, Republic of | CID001562 |
| Gold | SOE Shyolkovsky Factory of Secondary Precious Metals | Russian Federation | CID001756 |
| Gold | Industrial Refining Company | Belgium | CID002587 |
| Gold | Shirpur Gold Refinery Ltd. | India | CID002588 |
| Gold | Albino Mountinho Lda. | Portugal | CID002760 |
| Gold | Sai Refinery | India | CID002853 |
| Gold | Prioksky Plant of Non-Ferrous Metals | Russian Federation | CID001386 |
| Gold | Shandong Tiancheng Biological Gold Industrial Co., Ltd. | China | CID001619 |
| Gold | Super Dragon Technology Co., Ltd. | Taiwan | CID001810 |
| Gold | Tongling Nonferrous Metals Group Co., Ltd. | China | CID001947 |
| Gold | Shandong Humon Smelting Co., Ltd. | China | CID002525 |
| Gold | Shenzhen Zhonghenglong Real Industry Co., Ltd. | China | CID002527 |
| Gold | Al Etihad Gold Refinery DMCC | United Arab Emirates | CID002560 |
| Gold | Kaloti Precious Metals | United Arab Emirates | CID002563 |
| Gold | Marsam Metals | Brazil | CID002606 |
| Gold | Morris and Watson | New Zealand | CID002282 |
| Gold | Umicore Precious Metals Thailand | Thailand | CID002314 |
| Gold | Singway Technology Co., Ltd. | Taiwan | CID002516 |
| Gold | Emirates Gold DMCC | United Arab Emirates | CID002561 |
| Gold | Sudan Gold Refinery | Sudan | CID002567 |
| Gold | SAAMP | France | CID002761 |
| Gold | Kyshtym Copper-Electrolytic Plant ZAO | Russian Federation | CID002865 |
| Gold | Safimet S.p.A | Italy | CID002973 |
| Gold | State Research Institute Center for Physical Sciences and Technology | Lithuania | CID003153 |
| Gold | QG Refining, LLC | United States of America | CID003324 |
| Gold | Emerald Jewel Industry India Limited (Unit 2) | India | CID003488 |
| Gold | Emerald Jewel Industry India Limited (Unit 3) | India | CID003489 |
| Gold | Alexy Metals | United States of America | CID003500 |
| | | | | | | | | | | |
| Gold | Metallix Refining Inc. | United States of America | CID003557 |
| Gold | Sam Precious Metals | United Arab Emirates | CID003666 |
| Gold | Shenzhen Jinjunwei Resource Comprehensive Development Co., Ltd. | China | CID004435 |
| Gold | Shenzhen CuiLu Gold Co., Ltd. | China | CID002750 |
| Gold | L'Orfebre S.A. | Andorra | CID002762 |
| Gold | 8853 S.p.A. | Italy | CID002763 |
| Gold | Pease & Curren | United States of America | CID002872 |
| Gold | JALAN & Company | India | CID002893 |
| Gold | AU Traders and Refiners | South Africa | CID002850 |
| Gold | GGC Gujrat Gold Centre Pvt. Ltd. | India | CID002852 |
| Gold | Modeltech Sdn Bhd | Malaysia | CID002857 |
| Gold | ABC Refinery Pty Ltd. | Australia | CID002920 |
| Gold | Augmont Enterprises Private Limited | India | CID003461 |
| Gold | Kundan Care Products Ltd. | India | CID003463 |
| Gold | African Gold Refinery1 | Uganda | CID003185 |
| Gold | Gold Coast Refinery | Ghana | CID003186 |
| Gold | Dijllah Gold Refinery FZC | United Arab Emirates | CID003348 |
| Gold | CGR Metalloys Pvt Ltd. | India | CID003382 |
| Gold | Sovereign Metals | India | CID003383 |
| Gold | Emerald Jewel Industry India Limited (Unit 1) | India | CID003487 |
| Gold | K.A. Rasmussen | Norway | CID003497 |
| Gold | MD Overseas | India | CID003548 |
| Gold | Noble Metal Services | United States of America | CID003690 |
| Gold | Dongwu Gold Group | China | CID003663 |
| Gold | Elite Industech Co., Ltd. | Taiwan | CID004755 |
| Gold | Attero Recycling Pvt Ltd | India | CID004697 |
| Gold | Geib Refining Corporation | United States of America | CID002459 |
| Gold | DODUCO Contacts and Refining GmbH | Germany | CID000362 |
| Gold | SAXONIA Edelmetalle GmbH | Germany | CID002777 |
1 Ballard has requested additional information from those suppliers who indicated that African Gold Refinery is in their supply chain.
| | | | | | | | | | | |
| Gold | C.I Metales Procesados Industriales SAS | Colombia | CID003421 |
| Gold | Sancus ZFS (L’Orfebre, SA) | Colombia | CID003529 |
| Gold | Sellem Industries Ltd. | Mauritania | CID003540 |
| Gold | Value Trading | Belgium | CID003617 |
| Gold | Inca One (Chala One Plant) | Peru | CID004704 |
| Gold | Inca One (Koricancha Plant) | Peru | CID004705 |
| Gold | Impala Refineries – Base Metals Refinery (BMR) | South Africa | CID004604 |
| Gold | Impala Rustenburg | South Africa | CID004610 |
| Tantalum | Guangdong Rising Rare Metals-EO Materials Ltd. | China | CID000291 |
| Tantalum | Jiujiang Tanbre Co., Ltd. | China | CID000917 |
| Tantalum | F&X Electro-Materials Ltd. | China | CID000460 |
| Tantalum | Ximei Resources (Guangdong) Limited | China | CID000616 |
| Tantalum | JiuJiang JinXin Nonferrous Metals Co., Ltd. | China | CID000914 |
| Tantalum | Mineracao Taboca S.A. | Brazil | CID001175 |
| Tantalum | AMG Brasil | Brazil | CID001076 |
| Tantalum | Metallurgical Products India Pvt., Ltd. | India | CID001163 |
| Tantalum | NPM Silmet AS | Estonia | CID001200 |
| Tantalum | Yanling Jincheng Tantalum & Niobium Co., Ltd. | China | CID001522 |
| Tantalum | Taki Chemical Co., Ltd. | Japan | CID001869 |
| Tantalum | Telex Metals | United States of America | CID001891 |
| Tantalum | Jiujiang Zhongao Tantalum & Niobium Co., Ltd. | China | CID002506 |
| Tantalum | XinXing HaoRong Electronic Material Co., Ltd. | China | CID002508 |
| Tantalum | Hengyang King Xing Lifeng New Materials Co., Ltd. | China | CID002492 |
| Tantalum | TANIOBIS Co., Ltd. | Thailand | CID002544 |
| Tantalum | TANIOBIS GmbH | Germany | CID002545 |
| Tantalum | Global Advanced Metals Aizu | Japan | CID002558 |
| Tantalum | Jiangxi Tuohong New Raw Material | China | CID002842 |
| Tantalum | Resind Industria e Comercio Ltda. | Brazil | CID002707 |
| Tantalum | D Block Metals, LLC | United States of America | CID002504 |
| Tantalum | KEMET de Mexico | Mexico | CID002539 |
| | | | | | | | | | | |
| Tantalum | Materion Newton Inc. | United States of America | CID002548 |
| Tantalum | TANIOBIS Smelting GmbH & Co. KG | Germany | CID002550 |
| Tantalum | Global Advanced Metals Boyertown | United States of America | CID002557 |
| Tantalum | RFH Yancheng Jinye New Material Technology Co., Ltd. | China | CID003583 |
| Tantalum | PowerX Ltd. | Rwanda | CID004054 |
| Tantalum | Mitsui Mining and Smelting Co., Ltd. | Japan | CID001192 |
| Tantalum | Ningxia Orient Tantalum Industry Co., Ltd. | China | CID001277 |
| Tantalum | Ulba Metallurgical Plant JSC | Kazakhstan | CID001969 |
| Tantalum | FIR Metals & Resource Ltd. | China | CID002505 |
| Tantalum | TANIOBIS Japan Co., Ltd. | Japan | CID002549 |
| Tantalum | QuantumClean | United States of America | CID001508 |
| Tantalum | Jiangxi Dinghai Tantalum & Niobium Co., Ltd. | China | CID002512 |
| Tantalum | Solikamsk Magnesium Works OAO | Russian Federation | CID001769 |
| Tantalum | 5D Production OU | Estonia | CID003926 |
| Tantalum | Jiangxi Sanshi Nonferrous Metals Co., Ltd | China | CID004813 |
| Tantalum | Changsha South Tantalum Niobium Co., Ltd. | China | CID000211 |
| Tantalum | Exotech Inc. | United States of America | CID000456 |
| Tantalum | H.C. Starck Hermsdorf GmbH | Germany | CID002547 |
| Tin | PT Timah Tbk Mentok | Indonesia | CID001482 |
| Tin | Aurubis Beerse | Belgium | CID002773 |
| Tin | Malaysia Smelting Corporation (MSC) | Malaysia | CID001105 |
| Tin | Minsur | Peru | CID001182 |
| Tin | Operaciones Metalurgicas S.A. | Bolivia | CID001337 |
| Tin | Thaisarco | Thailand | CID001898 |
| Tin | PT Timah Tbk Kundur | Indonesia | CID001477 |
| Tin | PT Mitra Stania Prima | Indonesia | CID001453 |
| Tin | Alpha | United States of America | CID000292 |
| Tin | Mineracao Taboca S.A. | Brazil | CID001173 |
| Tin | Mitsubishi Materials Corporation | Japan | CID001191 |
| | | | | | | | | | | |
| Tin | PT ATD Makmur Mandiri Jaya | Indonesia | CID002503 |
| Tin | Rui Da Hung | Taiwan, Province of China | CID001539 |
| Tin | CRM Synergies | Spain | CID003524 |
| Tin | Fenix Metals | Poland | CID000468 |
| Tin | EM Vinto | Bolivia | CID000438 |
| Tin | Tin Technology & Refining | United States of America | CID003325 |
| Tin | Magnu's Minerais Metais e Ligas Ltda. | Brazil | CID002468 |
| Tin | O.M. Manufacturing Philippines, Inc. | Philippines | CID002517 |
| Tin | Chifeng Dajingzi Tin Industry Co., Ltd. | China | CID003190 |
| Tin | Guangdong Hanhe Non-Ferrous Metal Co., Ltd. | China | CID003116 |
| Tin | Jiangxi New Nanshan Technology Ltd. | China | CID001231 |
| Tin | O.M. Manufacturing (Thailand) Co., Ltd. | Thailand | CID001314 |
| Tin | Dowa | Japan | CID000402 |
| Tin | China Tin Group Co., Ltd. | China | CID001070 |
| Tin | Metallic Resources, Inc. | United States of America | CID001142 |
| Tin | Resind Industria e Comercio Ltda. | Brazil | CID002706 |
| Tin | Luna Smelter, Ltd. | Rwanda | CID003387 |
| Tin | PT Mitra Sukses Globalindo | Indonesia | CID003449 |
| Tin | Chenzhou Yunxiang Mining and Metallurgy Co., Ltd. | China | CID000228 |
| Tin | White Solder Metalurgia e Mineracao Ltda. | Brazil | CID002036 |
| Tin | Aurubis Berango | Spain | CID002774 |
| Tin | Estanho de Rondonia S.A. | Brazil | CID000448 |
| Tin | PT Premium Tin Indonesia | Indonesia | CID000313 |
| Tin | HuiChang Hill Tin Industry Co., Ltd. | China | CID002844 |
| Tin | Precious Minerals and Smelting Limited | India | CID003409 |
| Tin | DS Myanmar | Myanmar | CID003831 |
| Tin | PT Putera Sarana Shakti (PT PSS) | Indonesia | CID003868 |
| Tin | Yunnan Yunfan Non-ferrous Metals Co., Ltd. | China | CID003397 |
| | | | | | | | | | | |
| Tin | PT Cipta Persada Mulia | Indonesia | CID002696 |
| Tin | Super Ligas | Brazil | CID002756 |
| Tin | Malaysia Smelting Corporation Berhad (Port Klang) | Malaysia | CID004434 |
| Tin | Takehara PVD Materials Plant / PVD Materials Division of Mitsui Mining & Smelting Co., Ltd. | Japan | CID004403 |
| Tin | PT Rajehan Ariq | Indonesia | CID002593 |
| Tin | CRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil Ltda | Brazil | CID003486 |
| Tin | Tin Smelting Branch of Yunnan Tin Co., Ltd. | China | CID002180 |
| Tin | Gejiu Non-Ferrous Metal Processing Co., Ltd. | China | CID000538 |
| Tin | Yunnan Chengfeng Non-ferrous Metals Co., Ltd. | China | CID002158 |
| Tin | PT Refined Bangka Tin | Indonesia | CID001460 |
| Tin | PT Rajawali Rimba Perkasa | Indonesia | CID003381 |
| Tin | PT Bangka Serumpun | Indonesia | CID003205 |
| Tin | Novosibirsk Tin Combine | Russian Federation | CID001305 |
| Tin | PT Bangka Tin Industry | Indonesia | CID001419 |
| Tin | VQB Mineral and Trading Group JSC | Vietnam | CID002015 |
| Tin | PT Tirus Putra Mandiri | Indonesia | CID002478 |
| Tin | CV Ayi Jaya | Indonesia | CID002570 |
| Tin | Nghe Tinh Non-Ferrous Metals Joint Stock Company | Vietnam | CID002573 |
| Tin | Pongpipat Company Limited | Myanmar | CID003208 |
| Tin | Ma'anshan Weitai Tin Co., Ltd. | China | CID003379 |
| Tin | Mining Minerals Resources SARL | Congo, Democratic Republic of the | CID004065 |
| Tin | PT Aries Kencana Sejahtera | Indonesia | CID000309 |
| Tin | Gejiu Kai Meng Industry and Trade LLC | China | CID000942 |
| Tin | Gejiu Zili Mining and Metallurgy Co., Ltd. | China | CID000555 |
| Tin | PT Panca Mega Persada | Indonesia | CID001457 |
| Tin | PT Prima Timah Utama | Indonesia | CID001458 |
| Tin | PT Sariwiguna Binasentosa | Indonesia | CID001463 |
| Tin | Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. | China | CID001908 |
| Tin | PT Bangka Prima Tin | Indonesia | CID002776 |
| Tin | PT Babel Surya Alam Lestari | Indonesia | CID001406 |
| Tin | PT Stanindo Inti Perkasa | Indonesia | CID001468 |
| | | | | | | | | | | |
| Tin | PT Tinindo Inter Nusa | Indonesia | CID001490 |
| Tin | PT Artha Cipta Langgeng | Indonesia | CID001399 |
| Tin | PT Babel Inti Perkasa | Indonesia | CID001402 |
| Tin | PT Belitung Industri Sejahtera | Indonesia | CID001421 |
| Tin | PT Bukit Timah | Indonesia | CID001428 |
| Tin | PT Timah Nusantara | Indonesia | CID001486 |
| Tin | PT Tommy Utama | Indonesia | CID001493 |
| Tin | Melt Metais e Ligas S.A. | Brazil | CID002500 |
| Tin | Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company | Vietnam | CID002572 |
| Tin | Tuyen Quang Non-Ferrous Metals Joint Stock Company | Vietnam | CID002574 |
| Tin | An Vinh Joint Stock Mineral Processing Company | Vietnam | CID002703 |
| Tin | CV Venus Inti Perkasa | Indonesia | CID002455 |
| Tin | Gejiu City Fuxiang Industry and Trade Co., Ltd. | China | CID003410 |
| Tin | Fabrica Auricchio Industria e Comercio Ltda. | Brazil | CID003582 |
| Tin | Global Advanced Metals Greenbushes Pty Ltd. | Australia | CID004754 |
| Tin | PT Sukses Inti Makmur | Indonesia | CID002816 |
| Tin | PT Menara Cipta Mulia | Indonesia | CID002835 |
| Tin | Modeltech Sdn Bhd | Malaysia | CID002858 |
| Tin | Dongguan CiEXPO Environmental Engineering Co., Ltd. | China | CID003356 |
| Tin | PT Mitra Graha Raya | Indonesia | CID004685 |
| Tin | Rikayaa Greentech Private Limited | India | CID004692 |
| Tin | Woodcross Smelting Company Limited | Uganda | CID004724 |
| Tin | Longnan Chuangyue Environmental Protection Technology Development Co., Ltd | China | CID004796 |
| Tin | Soft Metais Ltda. | Brazil | CID001758 |
| Tin | Thai Nguyen Mining and Metallurgy Co., Ltd. | Vietnam | CID002834 |
| Tin | PT Masbro Alam Stania | Indonesia | CID003380 |
| Tungsten | Wolfram Bergbau und Hutten AG | Austria | CID002044 |
| Tungsten | H.C. Starck Tungsten GmbH | Germany | CID002541 |
| Tungsten | Guangdong Xianglu Tungsten Co., Ltd. | China | CID000218 |
| Tungsten | Hunan Chenzhou Mining Co., Ltd. | China | CID000766 |
| Tungsten | Jiangxi Yaosheng Tungsten Co., Ltd. | China | CID002316 |
| Tungsten | Jiangxi Xinsheng Tungsten Industry Co., Ltd. | China | CID002317 |
| Tungsten | Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. | China | CID002318 |
| Tungsten | Malipo Haiyu Tungsten Co., Ltd. | China | CID002319 |
| Tungsten | Jiangxi Gan Bei Tungsten Co., Ltd. | China | CID002321 |
| | | | | | | | | | | |
| Tungsten | Ganzhou Seadragon W & Mo Co., Ltd. | China | CID002494 |
| Tungsten | Jiangwu H.C. Starck Tungsten Products Co., Ltd. | China | CID002551 |
| Tungsten | A.L.M.T. Corp. | Japan | CID000004 |
| Tungsten | Kennametal Huntsville | United States of America | CID000105 |
| Tungsten | Japan New Metals Co., Ltd. | Japan | CID000825 |
| Tungsten | Kennametal Fallon | United States of America | CID000966 |
| Tungsten | Xiamen Tungsten Co., Ltd. | China | CID002082 |
| Tungsten | Ganzhou Jiangwu Ferrotungsten Co., Ltd. | China | CID002315 |
| Tungsten | Hunan Shizhuyuan Nonferrous Metals Co., Ltd. Chenzhou Tungsten Products Branch | China | CID002513 |
| Tungsten | TANIOBIS Smelting GmbH & Co. KG | Germany | CID002542 |
| Tungsten | Niagara Refining LLC | United States of America | CID002589 |
| Tungsten | Xiamen Tungsten (H.C.) Co., Ltd. | China | CID002320 |
| Tungsten | Global Tungsten & Powders LLC | United States of America | CID000568 |
| Tungsten | Masan High-Tech Materials | Vietnam | CID002543 |
| Tungsten | Philippine Chuangxin Industrial Co., Inc. | Philippines | CID002827 |
| Tungsten | Chongyi Zhangyuan Tungsten Co., Ltd. | China | CID000258 |
| Tungsten | Asia Tungsten Products Vietnam Ltd. | Vietnam | CID002502 |
| Tungsten | Cronimet Brasil Ltda | Brazil | CID003468 |
| Tungsten | Fujian Xinlu Tungsten Co., Ltd. | China | CID003609 |
| Tungsten | Lianyou Resources Co., Ltd. | Taiwan | CID004397 |
| Tungsten | Shinwon Tungsten (Fujian Shanghang) Co., Ltd. | China | CID004430 |
| Tungsten | China Molybdenum Tungsten Co., Ltd. | China | CID002641 |
| Tungsten | Lianyou Metals Co., Ltd. | Taiwan | CID003407 |
| Tungsten | Hubei Green Tungsten Co., Ltd. | China | CID003417 |
| Tungsten | Tungsten Vietnam Joint Stock Company | Vietnam | CID003993 |
| Tungsten | Kenee Mining Corporation Vietnam | Vietnam | CID004619 |
| Tungsten | Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd. | China | CID002313 |
| Tungsten | ACL Metais Eireli | Brazil | CID002833 |
| Tungsten | Moliren Ltd. | Russian Federation | CID002845 |
| Tungsten | JSC "Kirovgrad Hard Alloys Plant" | Russian Federation | CID003408 |
| Tungsten | NPP Tyazhmetprom LLC | Russian Federation | CID003416 |
| Tungsten | HANNAE FOR T Co., Ltd. | Korea, Republic of | CID003978 |
| Tungsten | CNMC (Guangxi) PGMA Co., Ltd. | China | CID000281 |
| Tungsten | Hunan Jintai New Material Co., Ltd. | China | CID000769 |
| | | | | | | | | | | |
| Tungsten | Unecha Refractory metals plant | Russian Federation | CID002724 |
| Tungsten | Hydrometallurg, JSC | Russian Federation | CID002649 |
| Tungsten | Yudu Ansheng Tungsten Co., Ltd. | China | CID003662 |
| Tungsten | Nam Viet Cromit Joint Stock Company | Vietnam | CID004034 |
| Tungsten | Philippine Carreytech Metal Corp. | Philippines | CID004438 |
| Tungsten | Albasteel Industria e Comercio de Ligas Para Fundicao Ltd. | Brazil | CID003427 |
| Tungsten | Artek LLC | Russian Federation | CID003553 |
| Tungsten | OOO “Technolom” 2 | Russian Federation | CID003612 |
| Tungsten | OOO “Technolom” 1 | Russian Federation | CID003614 |
| Tungsten | LLC Vostok | Russian Federation | CID003643 |
| Tungsten | Dongkuk Industries Co., Ltd. | Korea, Republic of | CID004060 |
| Tungsten | Philippine Bonway Manufacturing Industrial Corporation | Philippines | CID004797 |
| Tungsten | Malamet Smelting SDN. BHD. | Malaysia | CID004056 |
| Tungsten | Ganzhou Huaxing Tungsten Products Co., Ltd. | China | CID000875 |
| Tungsten | Ganzhou Haichuang Tungsten Co., Ltd. | China | CID002645 |
| Tungsten | Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd. | China | CID002830 |
| Tungsten | KGETS Co., Ltd. | Korea, Republic of | CID003388 |
| Tungsten | Fujian Ganmin RareMetal Co., Ltd. | China | CID003401 |
Countries of Origin
The following list of potential countries of origin is based on publicly available information, our RCOI, and due diligence. It is important to note that this is also based on company level responses and therefore it is not certain which of these countries of origin can be linked to our products.
Andorra, Australia, Austria, Belgium, Bolivia , Brazil, Canada, Chile, China, Colombia, Democratic Republic of Congo, Czechia, Estonia, France, Germany, Ghana, India, Indonesia, Italy, Japan, Kazakhstan, Republic of Korea, Kyrgyzstan, Lithuania, Malaysia, Mauritania, Mexico, Myanmar, Netherlands, New Zealand, Norway, Peru, Philippines, Poland, Portugal, Russian Federation, Rwanda, Saudi Arabia, Singapore, South Africa, Spain, Sudan, Sweden, Switzerland, Taiwan, Tanzania, Thailand, Turkey, Uganda, United Arab Emirates,, United States of America, Uzbekistan, Vietnam and Zimbabwe