CONFLICT MINERAL POLICY
“To effectively manage conflict minerals and
contribute to humanity.”
- Conflict Minerals Policy Definition
- MCNEX Co., Ltd. has implemented the following rules to prevent the inflow of minerals (tin, tantalum, tungsten, gold, cobalt, etc.) mined from conflict zones where serious human rights violations are taking place as a source of profit for armed criminal groups.
- Definition of Conflict Minerals
- Natural resource that is mined through serious human rights violations and exploitation, and the profits are used for the activities of armed criminal groups.
- Conflict Areas: Democratic Republic of Congo, Sudan, Central African Republic, Congo, Angola, Zambia, Tanzania, Burundi, Rwanda, Uganda
- Conflict Minerals: Tin, tantalum, tungsten, gold and cobalt mined in the above areas.
- Purpose of establishment of
Conflict Minerals Management process - Mainly, it is to effectively mange use of conflict minerals to prevent the inflow of funds to the criminal armed rebel group that have profited from mining whiled contributing to violence and exploitation of human rights.
- Definition of Conflict Minerals
- All parts and raw materials used in the products MCNEX manufacture/produce
- MCNEX’s Conflict Mineral Policy
- MCNEX Co., Ltd. prohibits the use of conflict minerals in disputed areas, and continues to induce its partners to use conflict-free minerals while complying with its policy of prohibiting the use of conflict minerals.
- MCNEX Co., Ltd. reviews the use of conflict minerals every year in the supply and demand of all parts and raw materials supplied by its partners, and if the use of conflict minerals is confirmed, it will immediately be replaced with minerals free from conflict
- MCNEX Co., Ltd. may suspend the transaction with the partner if necessary information to confirm the use of conflict minerals are not provided, or delivers information that is different from the facts.
- MCNEX Co., Ltd. will actively participate in international efforts to ban the use of conflict minerals with its partners and customers, thereby fulfilling its social responsibility to protect the human rights of the Democratic Republic of Congo and its neighboring countries.
management process
