Conflict Minerals

Conflict Minerals Management

There are serious human rights and environmental problems in mining rare metals such as cassiterite, black tungsten, tantalum and gold in Congo and its surrounding countries and regions, and most of the mining activities in these areas are related to the armed groups (financed) in conflict, leading to long-term instability in these areas and the “conflict mineral” got its name from the media. These metals may be widely used in information and communication technology (ICT) products.

SMIC sets up a working group on conflict mineral management and develops strong conflict mineral management policies and procedures to ensure effective management of conflict minerals. The working group develop and promulgate conflict mineral policy, establish a management supervision system, require all relevant suppliers to provide evidence meeting the requirements of conflict mineral management, and achieve regulatory compliance through close communication with suppliers. Based on the US law (Chapter 1502, Dodd-Frank Act) and the rules of SEC--the U.S. on conflict mineral disclosure and guided by the due diligence framework of the organization for economic cooperation and development (OECD), conflict mineral management policies and procedures are taken to conduct due diligence on suppliers to ensure the legitimacy of these metals by using the due diligence tools of the Responsible Mining Initiative (RMI) and the Global e-Sustainability Initiative (GeSI).

SMIC Conflict Mineral Policy Statement