Pabar (Pty) Ltd. is deeply concerned by reports that profits from the sale of certain metals mined in the Democratic Republic of the Congo (DRC) or the nine adjoining countries (Angola, Burundi, Central African Republic, Republic of the Congo, Rwanda, South Sudan, Tanzania, Uganda and Zambia) has helped fuel war and human rights violations in the eastern Congo. Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Act) enacted in July 2010 imposes new supply chain reporting requirements on publicly traded companies to promote transparency and consumer awareness regarding the use of “conflict minerals” columbite-tantalite (coltan), cassiterite, gold, wolframite, or their derivatives (tin, tantalum, tungsten and gold) that directly or indirectly finance or benefit armed groups in that region.
Pabar is committed to acting in a socially and environmentally responsible manner, to complying with the law, to meeting its customer commitments, and to supporting its customers’ businesses.
Because of the complexity of many supply chains, and the lack of an established system for product manufacturers to track Conflict Minerals back to their source, the joint efforts over an extended period by many governments, industry groups, and companies will be required to make it possible to effectively trace Conflict Minerals back to their source.
This document sets forth the policy of Pabar regarding Conflict Minerals.