Funding Needed for iTSCi due diligence scheme in DRC

ITRI and the Tantalum Niobium International Study Center have called for funding to help initiate and carry out a program aimed at regulating supply chains for tin and tantalum out of conflict zones in the Democratic Republic of the Congo.

The press release is quoted as saying:

As a result of market reaction to the US conflict minerals legislation, which will reject untraceable mineral from central Africa after 1st April 2011, the iTSCi programme faces serious challenges and requires urgent and significant funding commitments in order to progress. ITRI and T.I.C. are therefore asking for contributions from companies at the downstream end of the tin and tantalum supply chains in order to allow a solution to this issue to be put in place.

To access the entire press release, click here.