>Dodd-Frank ActWednesday, 8th January 2014 posted by admin_Kingfield
The purpose of this statement is to inform Kingfield Electronics Limited (KEL) customers about its policy on the conflict minerals provisions of the United-States of America’s Wall Street Reform and Consumer Protection Act, also called the “Dodd-Frank Act”
The conflict minerals provisions of the Dodd-Frank Act (the “rules”) require issuers of shares registered with the U.S. S.E.C. (Securities and Exchange Commission) to annually disclose, through a report to the U.S. S.E.C. and on its website, whether certain listed minerals necessary to the functionality or production of a product manufactured by such issuer originated in the Democratic Republic of the Congo (DRC) or nine adjoining countries (“conflict minerals”).
Conflict minerals include tantalum, tin, tungsten and gold which are used in many electronic components and computer products.
As a Contract Electronics Manufacturer, KEL understands the importance of this issue to its customers and is committed to supply chain initiatives and overall corporate social responsibility and sustainability efforts that work towards a conflict free supply chain.
As a consumer of components manufactured by others, we are not able to certify the country of origin of the minerals contained in the products manufactured by them. We work with our suppliers and customers to abide by the spirit of the act by using, wherever possible, only franchised component distributors or manufacturers who are aware of the importance of this legislation (see links below).
We are actively encouraging all of our suppliers to support these efforts and make information on the origin of their product components easily accessible on their websites and through www.eciaonline.org. KEL is also logging this information where available. Important information on the use of conflict minerals in the technology supply chain is being compiled by the Electronics Components Industry Association and the Electronics Industry Citizenship Coalition. This information can be also be viewed at www.eciaonline.org.
Mark Appleton (Materials Director)