In August 2012, the SEC finalized into law Section 1502 of the DoddFrank Act and the provisions relating to conflict minerals. Conflict minerals are specific minerals mined in conditions of armed conflict and human rights abuses, notably in the eastern provinces of the Democratic Republic of the Congo (DRC). The law necessitates reporting requirements relating to the use of tin, tantalum, tungsten, and gold extracted in the DRC and adjoining countries. SL Industries, Inc. (SL Industries) is committed to complying with the new reporting requirements and to the ethical sourcing of minerals used in our products. It is SL Industries’ policy not to purchase product materials containing minerals whose sale financed armed conflict in the DRC. The global supply chain for these minerals is complex, and tracing the minerals in our products to their source is a challenge. SL Industries is working diligently with our suppliers and other stakeholders to improve and systematically address the process for sourcing minerals that are “conflictfree.” We continue to assess whether our products contain tin, tantalum, tungsten, and gold derived in the DRC or surrounding countries in order to advance our compliance efforts. Recognizing the complexity of the issue, SL Industries appreciates the need for broad collaboration to reach our objectives. We are actively engaged in this process and we expect our suppliers to exercise due diligence on the source and chain of custody of the tantalum, tin, tungsten and gold throughout their supply chains used in components or products they supply to us. Based upon information learned through the due diligence efforts, we believe we will make important progress toward ensuring responsible mineral sourcing and improved transparency throughout the supply chain.
SL Industries encourages individuals or suppliers who wish to report possible violations of our conflict minerals policy to contact us via one of the following channels: