Conflict Minerals

Conflict Minerals are natural resources extracted in a conflict zone and sold to perpetuate the fighting. The conflict minerals are (known as 3TGs): tin, tungsten, tantalum and gold. There are international efforts to reduce the trade in conflict resources. For example , in the United States, the Dodd-Frank Wall Street Reform and Consumer Protection Act require manufacturers to audit their supply chains and report use of conflict minerals. On 1st January 2021 a new law, The conflict minerals regulation, with similar requirements as the Dodd-Frank act, will come into full force across the EU.

‹ Back to Dictionary