http://www.irinnews.org/report.aspx?reportID=93396
Major industries are seeking to alter the proposed US reporting rules on “conflict minerals” mined in the Democratic Republic of Congo (DRC).In a bid to stem the flow of money from minerals mined in eastern Congo, widely seen as fuelling the ongoing conflicts, the US government included a clause in the financial reform legislation of July 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act.
The law requires companies to conduct "due diligence" and disclose annually if they use the minerals cassiterite, columbite-tantalite, gold, wolframite or their derivatives (tin, tanatalum or tungsten) in products that originate from the DRC or adjoining countries. These minerals are essential to many popular items, from mobile phones and laptops to jewellery and jet engines.
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