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Reuters reported tin ore is now being bagged and tagged by miners in the Democratic Republic of Congo as conflict free.
Reuters reported tin ore is now being bagged and tagged by miners in the Democratic Republic of Congo as conflict free.
As quoted in the market news:
The simple “bag and tag” initiative could allow mineral exports from Congo’s violent east to flow legally again for the first time since a U.S. law targeting conflict minerals largely brought the trade, a mainstay of the economy, to a standstill.
The tag certifies the tin ore is conflict-free to ensure it will not fall foul of the Dodd Frank Law. Under rules only finalized this year, the law requires U.S. companies buying from a region rich in minerals to ensure their supply does not come from areas controlled by armed groups or corrupt soldiers.