Speaker for the Living

DRC Conflict Mineral Rule and Forced Labor


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The Trump administration may suspend the DRC Conflict Mineral rule that requires US public companies disclose whether they have conflict minerals (cassiterite, wolframite, and coltan, and gold) in their supply chain from the Democratic Republic of the Congo. Hosts Seth Daire and JJ Janflone look at how conflict minerals are mined with forced labor, how the rule may have had some unintended consequences, and challenge our government and corporations to come up with a solution rather than a cop-out. The issue is best summed up by auditing firm Deloitte, "Although many companies may view social compliance efforts as cumbersome, experiences with conflict minerals suggest that these efforts have helped companies improve supply chain transparency and risk identification capabilities."

Sources:
https://www.state.gov/j/tip/rls/tiprpt/countries/2016/258747.htm
https://www.sec.gov/rules/final/2012/34-67716.pdf
https://www.sec.gov/News/Article/Detail/Article/1365171562058
https://www.verite.org/wp-content/uploads/2016/11/Verite-Report-Illegal_Gold_Mining-2.pdf
https://journalistsresource.org/studies/international/globalization/conflict-minerals-responsible-sourcing-3tg
https://www.nytimes.com/2015/09/08/business/dealbook/companies-struggle-to-comply-with-conflict-minerals-rule.html
https://www.washingtonpost.com/world/africa/how-a-well-intentioned-us-law-left-congolese-miners-jobless/2014/11/30/14b5924e-69d3-11e4-9fb4-a622dae742a2_story.html?utm_term=.9ce5001a37e9
http://www.jdsupra.com/legalnews/more-conflict-minerals-drama-81929/
http://www.motherjones.com/kevin-drum/2017/02/conflict-minerals-are-about-get-reprieve
https://www.sourceintelligence.com/what-are-conflict-minerals/
http://www.statschippac.com/aboutus/drc_stmt.aspx
http://www.slate.com/articles/news_and_politics/jurisprudence/2013/09/conflict_minerals_from_the_congo_is_your_cellphone_made_with_them.html
https://business-humanrights.org/en/chinese-companies-continuing-to-buy-minerals-from-eastern-dem-rep-of-congo-but-local-directives-market-pressure-may-push-them-to-ensure-their-purchases-dont-fuel-conflict
https://journalistsresource.org/studies/international/globalization/conflict-minerals-responsible-sourcing-3tg
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Speaker for the LivingBy Seth Daire

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