Companies Still Unsure if They’re Using Conflict Minerals

Tantalum Investing

Bloomberg reported that many companies filing their conflict minerals reports with the US Securities and Exchange Commission are choosing to take “advantage of a provision that allows them to say they don’t know where the metals originated.”

Bloomberg reported that many companies filing their conflict minerals reports with the US Securities and Exchange Commission are choosing to take “advantage of a provision that allows them to say they don’t know where the metals originated.”

As quoted in the market news:

‘The lack of information in most of the submissions we have seen suggests companies have not taken the necessary steps to find out what is really going on along their supply chains -– so we can’t tell if they are sourcing responsibly or not,’ Sophia Pickles, a campaigner for Global Witness, said in a statement.

Click here to read the full Bloomberg report.

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