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UNITED STATES SECURITIES AND EXCHANGE COMMISSION |
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FORM SD |
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Specialized Disclosure Report |
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The Shyft Group, Inc. |
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(Exact name of registrant as specified in its charter) |
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Michigan |
001-33582 |
38-2078923 |
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(State or other jurisdiction |
(Commission |
(IRS Employer |
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of incorporation or organization) |
File Number) |
Identification No.) |
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41280 Bridge Street, Novi, Michigan |
48375 |
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(Address of principal executive offices) |
(Zip Code) |
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Joshua A. Sherbin (248) 567-2002 |
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(Name and telephone number, including area code, of the person to contact in connection with this report.) |
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Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:
☒ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2020.
SECTION 1 – CONFLICT MINERALS DISCLOSURE
Item 1.01 Conflict Minerals Disclosure and Report
A copy of The Shyft Group, Inc.’s Conflict Minerals Report for the period from January 1 to December 31, 2020 is filed as Exhibit 1.01 and is incorporated herein by reference. The Conflict Minerals Report is available on our website at www.theshyftgroup.com/investor-relations/sec-filings/.
Item 1.02 Exhibit
The Conflict Minerals Report required by Item 1.01 is filed as Exhibit 1.01 to this Form SD.
SECTION 2 – EXHIBITS
Item 2.01 Exhibits
1.01 Conflict Minerals Report for The Shyft Group, Inc. for the period January 1 to December 31, 2020.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.
The Shyft Group, Inc.
(Registrant)
/s/ Joshua A. Sherbin May 27, 2021
By: Joshua A. Sherbin Date
Its: Chief Legal Officer, Chief Compliance Officer and Corporate Secretary
Exhibit 1.01
The Shyft Group, Inc.
Conflict Minerals Report
For the Year Ended December 31, 2020
This report for the calendar year ended December 31, 2020, is presented pursuant to Rule 13p-1 under the Securities Exchange Act of 1934 (the "Rule"). The Rule was adopted by the Securities and Exchange Commission ("SEC") to implement reporting and disclosure requirements related to conflict minerals as directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd-Frank Act"). The Rule imposes certain reporting obligations on SEC registrants whose manufactured products contain tantalum, tin, tungsten or gold, which are necessary to the functionality or production of their products. The term "Conflict Minerals" is defined as columbite-tantalite (coltan), cassiterite, gold, wolframite, tantalum, tin, tungsten, and any other mineral or its derivatives determined by the U.S. Secretary of State to be financing conflict in the Democratic Republic of the Congo (DRC) or an adjoining country. The term "3TG" is defined as tantalum, tin, tungsten and gold and their compounds.
If a registrant can establish that the 3TG in their supply chain originated from sources other than the Democratic Republic of the Congo or an adjoining country, as defined by the SEC (the "Covered Countries"), or from recycled and scrap sources, they must submit a Form SD which describes the Reasonable Country of Origin Inquiry ("RCOI") that the registrant completed.
If a registrant has reason to believe that any of the 3TG in their supply chain may have originated in the Covered Countries, or if they are unable to determine the country of origin of those conflict minerals, then the issuer must exercise due diligence on the conflict minerals' source and chain of custody. The registrant must annually submit a Conflict Minerals Report ("CMR") to the SEC that includes a description of those due diligence measures.
Company Overview
Effective June 1, 2020, our corporate name has changed to The Shyft Group, Inc. (f/k/a Spartan Motors, Inc.) (“Shyft Group” or the “Company”). The new corporate name reflects the next phase of our business transformation with an increased focus on higher growth commercial, retail, and service specialty vehicle markets.
We are a niche market leader in specialty vehicle manufacturing and assembly for the commercial vehicle (including last-mile delivery, specialty service and vocation-specific upfit segments) and recreational vehicle industries. Our products include walk-in vans and truck bodies used in e-commerce/parcel delivery, upfit equipment used in the mobile retail and utility trades, luxury Class A diesel motor home chassis and contract manufacturing and assembly services. We also supply replacement parts and offer repair, maintenance, field service and refurbishment services for the vehicles that we manufacture. Our operating activities are conducted through our wholly-owned operating subsidiary, The Shyft Group USA, Inc., with locations in Novi and Charlotte, Michigan; Bristol, Indiana; Waterville, Maine; Ephrata, Pennsylvania; North Charleston, South Carolina; Pompano Beach and West Palm Beach, Florida; Kansas City, Missouri; Montebello, Carson and McClellan Park, California; Mesa, Arizona; Dallas and Weatherford, Texas; and Saltillo, Mexico.
On October 1, 2020, the Company acquired substantially all of the assets and certain liabilities of F3 MFG Inc. through the Company’s subsidiary, The Shyft Group DuraMag LLC (“DuraMag”). DuraMag is a leading aluminum truck body and accessory manufacturer, and DuraMag operations include aluminum manufacturing, finishing, assembly, and installation of DuraMag contractor, service, and van bodies, as well as Magnum branded truck accessories including headache racks (also known as cab protection racks or rear racks). DuraMag operates out of Waterville, Maine and that location is expected to continue to serve as the business’ primary manufacturing and assembly facility for both product lines.
On February 1, 2020, the Company completed its sale of the Emergency Response and Vehicle ("ERV") business. The ERV business consisted of the emergency response cab-chassis and apparatus operations in Charlotte, Michigan, and the Spartan apparatus operations in Brandon, South Dakota; Snyder and Neligh, Nebraska; and Ephrata, Pennsylvania.
Conflict Minerals Policy
The Shyft Group and its subsidiaries endeavor to maintain the highest standards of ethical conduct and integrity in all areas of their business activities.
On August 22, 2012, the U.S. Securities and Exchange Commission adopted final rules to implement reporting and disclosure requirements related to "conflict minerals," as directed by the Dodd-Frank Act.
We are committed to working closely with our supply chain to ensure we fully comply with the requirements set forth in Section 1502 of the Dodd-Frank Act. We have implemented the Organization for Economic Co-operation and Development (OECD) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas and are utilizing the conflict minerals reporting template (CMRT) owned by the Responsible Minerals Initiative (RMI), for exercising due diligence within our supply chain.
We do not knowingly source any product containing Conflict Minerals and we continue to work on our due diligence process in order to verify that the components we source do not contain Conflict Minerals. We have requested that our suppliers commit to responsible sourcing of 3TG used in the production of components supplied to us. We expect our suppliers to have in place policies and due diligence measures that will enable us to reasonably assure that products and components supplied to us containing 3TG are DRC conflict free. Our suppliers will be requested to perform due diligence to determine the source of any 3TG that are contained in the components that they supply to us. Our supplier’s due diligence must include, where applicable, completion of the RMI Conflict Minerals reporting CMRT.
Our conflict minerals policy is posted on our website at http://www.theshyftgroup.com/about-us/supplier-info/
RCOI & Due Diligence
Our due diligence measures have been designed to conform with the framework from the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas and the related Supplements for Gold and for Tin, Tantalum and Tungsten ("OECD Guidance").
Supply Chain
We rely on our direct suppliers to provide information on the origin of the 3TG contained in components and materials supplied to us, including sources of 3TG that are supplied to them from lower tier suppliers. We have requested that our suppliers commit to responsible sourcing of conflict minerals used in the production of components supplied to us. Our suppliers have been requested to perform due diligence to determine the source of any conflict minerals that are contained in the components that they supply to us. Our suppliers' due diligence must include, where applicable, completion of the CMRT. The CMRT was developed to facilitate disclosure and communication of information regarding smelters that provide material to a company's supply chain. It includes questions regarding a company's conflict-free policy, engagement with its direct suppliers, and a listing of the smelters the company and its suppliers use. In addition, the CMRT contains questions about the origin of conflict minerals included in their products, as well as supplier due diligence. Written instructions and recorded training illustrating the use of the tool are available on RMI's website.
For the 2020 reporting year, all of our relevant suppliers were asked to complete the CMRT. This is a requirement set forth in all of our supplier agreements.
Due Diligence Process
We reviewed the components that are included in the specialty vehicles, chassis, and fleet vehicles that we manufacture that could contain 3TG that is necessary to the functionality or production of our products. Our due diligence measures have been designed to conform with the framework in the OECD Guidance.
Step One: Establish Strong Company Management Systems
Internal Team
At our corporate level, we have a cross functional team and a third-party consulting subject matter expert working collaboratively to administer our program. This team is responsible for the corporate Conflict Minerals policy and providing support and instructions on the due diligence measures required to be followed for each of our divisions.
Supplier Engagement
With respect to the OECD requirement to strengthen engagement with suppliers, we have continued with our training program for our suppliers for the 2020 reporting year by developing an instructional document that was provided to all of our suppliers. We will encourage our suppliers to share this information throughout the whole supply chain, all the way to the smelter level. Suppliers will continue to receive education and support from our business unit champions during the RCOI process and on an annual basis.
We have a robust supplier management plan for new and existing suppliers for Conflict Minerals. Existing suppliers must comply with the Shyft Group’s quality manual and Shyft Group Terms and Conditions which includes Conflict Minerals reporting requirements. In addition, we provide annual education materials, supplier CMRT invitations and utilize a third-party software & consulting Conflict Minerals platform. Internal supplier management processes have also been updated to ensure supplier conformance and communication that include Conflict Minerals reporting requirements when a new supplier is selected. As part of the supplier approval process, new suppliers, unless exempt from Conflict Minerals reporting requirements, must provide a completed CMRT prior to being approved as a Shyft Group supplier.
The Shyft Group provides educational materials for suppliers on an annual basis to assist them with their Conflict Minerals reporting compliance. Compliance with all the criteria is dictated in the contract for all Shyft Group suppliers.
Grievance Mechanism
Our website (http://www.theshyftgroup.com/about-us/supplier-info/) contains a link to our Conflict Minerals policy page. Included with our Conflict Minerals policy on our website is a link that can be utilized to contact our Compliance Officer with concerns regarding our Conflict Minerals policy or our use of Conflict Minerals. It is the policy of The Shyft Group that any material communications regarding our Code of Ethics and Compliance or Conflict Minerals received by our Chief Compliance Officer is submitted for review to our Board of Directors.
Step Two: Identify and Assess Risk in the Supply Chain
All of our relevant suppliers were identified for inclusion in our 2020 RCOI. We rely on these suppliers, whose components we believe may contain 3TG, to provide us with information about the source of Conflict Minerals, if any, contained in the components supplied to us. Our direct suppliers are similarly reliant upon information provided by their suppliers.
We assess risk by reviewing the suppliers' answers provided in the CMRT for risk indicators that are identified though our third-party Conflict Minerals platform. Risk indicators identified from the CMRT reports are then communicated back to our suppliers for awareness and continuous improvement for future Conflict Minerals reporting requirements.
Step Three: Design and Implement a Strategy to Respond to Risks
Relevant suppliers are mandated to provide a CMRT for each reporting year. Supplier CMRTs are evaluated against a set list of data quality standards. Any discrepancies identified are logged in an online tool and sent back to the supplier for further investigation and corrective action.
Step Four: Carry Out Independent Third-Party Audit of Supply Chain Due Diligence at Identified Points in the Supply Chain
We do not typically have a direct relationship with 3TG smelters and refiners and do not perform or direct audits of these entities within our supply chain. We do track all smelters that have been audited via the RMI.
Step Five: Report on Supply Chain Due Diligence
We conducted a survey of those suppliers described above using the CMRT. The CMRT was developed to facilitate disclosure and communication of information regarding smelters that provide material to a company's supply chain. It includes questions regarding a company's conflict-free policy, engagement with its direct suppliers, and a listing of the smelters the company and its suppliers use. In addition, the CMRT contains questions about the origin of 3TG included in their products, as well as supplier due diligence. Written instructions and recorded training illustrating the use of the tool is available on RMI's website. The CMRT is being used by many companies in their due diligence processes related to conflict minerals.
It is our goal to continue to work with our suppliers to educate them on all the requirements so that we can have a marked improvement in response rate. For the 2020 reporting year, we received responses from 37 percent of all the suppliers surveyed. The 2020 data collected included the names of 305 entities listed by our suppliers as smelters or refiners. 228 of these entities were identified as validated to be Conflict-Free by the RMI. We compared these facilities to the RMI list of smelters and where a supplier indicated that the facility was certified as Conflict-Free we ensured that the name was listed by RMI.
The large majority of the responses received provided data at a company or divisional level or were unable to specify the smelters or refiners used. We are unable to determine whether any of the 3TG reported by our suppliers were contained in components or parts supplied to us or to validate that any of these smelters or refiners are actually in our supply chain. Requesting that our suppliers complete the CMRT regarding information about 3TG smelters and refiners in our supply chain represents the most reasonable effort we can make to determine the mines or locations of origin of the 3TG in our supply chain.
We are committed to this process and will continue to implement and improve our Conflict Minerals due diligence program. Based on the information obtained pursuant to our RCOI and the due diligence process, we do not have sufficient information to determine the country of origin of the 3TG used in our products.
Based on the information that was provided by the responding suppliers and otherwise obtained through our due diligence process; below is the list of smelters and refiners that were provided by our supply chain. Since reporting was completed at a company level, we are not able to determine with certainty that these are used in our supply chain.
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Metal |
Smelter Name |
Smelter Country |
Smelter Identification |
|
Gold |
8853 S.p.A. |
ITALY |
CID002763 |
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Tungsten |
A.L.M.T. Corp. |
JAPAN |
CID000004 |
|
Gold |
Abington Reldan Metals, LLC |
UNITED STATES OF AMERICA |
CID002708 |
|
Tungsten |
ACL Metais Eireli |
BRAZIL |
CID002833 |
|
Gold |
Advanced Chemical Company |
UNITED STATES OF AMERICA |
CID000015 |
|
Gold |
African Gold Refinery |
UGANDA |
CID003185 |
|
Gold |
Aida Chemical Industries Co., Ltd. |
JAPAN |
CID000019 |
|
Gold |
Al Etihad Gold Refinery DMCC |
UNITED ARAB EMIRATES |
CID002560 |
|
Tungsten |
Albasteel Industria e Comercio de Ligas Para Fundicao Ltd. |
BRAZIL |
CID003427 |
|
Gold |
Alexy Metals |
UNITED STATES OF AMERICA |
CID003500 |
|
Gold |
Allgemeine Gold-und Silberscheideanstalt A.G. |
GERMANY |
CID000035 |
|
Gold |
Almalyk Mining and Metallurgical Complex (AMMC) |
UZBEKISTAN |
CID000041 |
|
Tin |
Alpha |
UNITED STATES OF AMERICA |
CID000292 |
|
Tin |
An Vinh Joint Stock Mineral Processing Company |
VIET NAM |
CID002703 |
|
Gold |
AngloGold Ashanti Corrego do Sitio Mineracao |
BRAZIL |
CID000058 |
|
Gold |
Argor-Heraeus S.A. |
SWITZERLAND |
CID000077 |
|
Gold |
Asahi Pretec Corp. |
JAPAN |
CID000082 |
|
Gold |
Asahi Refining Canada Ltd. |
CANADA |
CID000924 |
|
Gold |
Asahi Refining USA Inc. |
UNITED STATES OF AMERICA |
CID000920 |
|
Gold |
Asaka Riken Co., Ltd. |
JAPAN |
CID000090 |
|
Tungsten |
Asia Tungsten Products Vietnam Ltd. |
VIET NAM |
CID002502 |
|
Gold |
Atasay Kuyumculuk Sanayi Ve Ticaret A.S. |
TURKEY |
CID000103 |
|
Gold |
AU Traders and Refiners |
SOUTH AFRICA |
CID002850 |
|
Gold |
Augmont Enterprises Private Limited |
INDIA |
CID003461 |
|
Gold |
Aurubis AG |
GERMANY |
CID000113 |
|
Gold |
Bangalore Refinery |
INDIA |
CID002863 |
|
Gold |
Bangko Sentral ng Pilipinas (Central Bank of the Philippines) |
PHILIPPINES |
CID000128 |
|
Gold |
Boliden AB |
SWEDEN |
CID000157 |
|
Gold |
C. Hafner GmbH + Co. KG |
GERMANY |
CID000176 |
|
Gold |
C.I Metales Procesados Industriales SAS |
COLOMBIA |
CID003421 |
|
Gold |
Caridad |
MEXICO |
CID000180 |
|
Gold |
CCR Refinery - Glencore Canada Corporation |
CANADA |
CID000185 |
|
Gold |
Cendres + Metaux S.A. |
SWITZERLAND |
CID000189 |
|
Gold |
CGR Metalloys Pvt Ltd. |
INDIA |
CID003382 |
|
Tantalum |
Changsha South Tantalum Niobium Co., Ltd. |
CHINA |
CID000211 |
|
Tungsten |
Chenzhou Diamond Tungsten Products Co., Ltd. |
CHINA |
CID002513 |
|
Tin |
Chenzhou Yunxiang Mining and Metallurgy Co., Ltd. |
CHINA |
CID000228 |
|
Tin |
Chifeng Dajingzi Tin Industry Co., Ltd. |
CHINA |
CID003190 |
|
Gold |
Chimet S.p.A. |
ITALY |
CID000233 |
|
Tungsten |
China Molybdenum Tungsten Co., Ltd. |
CHINA |
CID002641 |
|
Tin |
China Tin Group Co., Ltd. |
CHINA |
CID001070 |
|
Tungsten |
Chongyi Zhangyuan Tungsten Co., Ltd. |
CHINA |
CID000258 |
|
Gold |
Chugai Mining |
JAPAN |
CID000264 |
|
Tin |
CRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil Ltda |
BRAZIL |
CID003486 |
|
Tin |
CRM Synergies |
SPAIN |
CID003524 |
|
Tungsten |
Cronimet Brasil Ltda |
BRAZIL |
CID003468 |
|
Tin |
CV Ayi Jaya |
INDONESIA |
CID002570 |
|
Tin |
CV Venus Inti Perkasa |
INDONESIA |
CID002455 |
|
Tantalum |
D Block Metals, LLC |
UNITED STATES OF AMERICA |
CID002504 |
|
Gold |
Daye Non-Ferrous Metals Mining Ltd. |
CHINA |
CID000343 |
|
Gold |
Degussa Sonne / Mond Goldhandel GmbH |
GERMANY |
CID002867 |
|
Gold |
Dijllah Gold Refinery FZC |
UNITED ARAB EMIRATES |
CID003348 |
|
Gold |
DODUCO Contacts and Refining GmbH |
GERMANY |
CID000362 |
|
Tin |
Dongguan CiEXPO Environmental Engineering Co., Ltd. |
CHINA |
CID003356 |
|
Gold |
Dowa |
JAPAN |
CID000401 |
|
Gold |
DSC (Do Sung Corporation) |
KOREA, REPUBLIC OF |
CID000359 |
|
Gold |
Eco-System Recycling Co., Ltd. East Plant |
JAPAN |
CID000425 |
|
Gold |
Eco-System Recycling Co., Ltd. North Plant |
JAPAN |
CID003424 |
|
Gold |
Eco-System Recycling Co., Ltd. West Plant |
JAPAN |
CID003425 |
|
Tin |
Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company |
VIET NAM |
CID002572 |
|
Tin |
EM Vinto |
BOLIVIA (PLURINATIONAL STATE OF) |
CID000438 |
|
Gold |
Emerald Jewel Industry India Limited (Unit 1) |
INDIA |
CID003487 |
|
Gold |
Emerald Jewel Industry India Limited (Unit 2) |
INDIA |
CID003488 |
|
Gold |
Emerald Jewel Industry India Limited (Unit 3) |
INDIA |
CID003489 |
|
Gold |
Emerald Jewel Industry India Limited (Unit 4) |
INDIA |
CID003490 |
|
Gold |
Emirates Gold DMCC |
UNITED ARAB EMIRATES |
CID002561 |
|
Tin |
Estanho de Rondonia S.A. |
BRAZIL |
CID000448 |
|
Tantalum |
Exotech Inc. |
UNITED STATES OF AMERICA |
CID000456 |
|
Tantalum |
F&X Electro-Materials Ltd. |
CHINA |
CID000460 |
|
Tin |
Fenix Metals |
POLAND |
CID000468 |
|
Gold |
Fidelity Printers and Refiners Ltd. |
ZIMBABWE |
CID002515 |
|
Tantalum |
FIR Metals & Resource Ltd. |
CHINA |
CID002505 |
|
Gold |
Fujairah Gold FZC |
UNITED ARAB EMIRATES |
CID002584 |
|
Tungsten |
Fujian Ganmin RareMetal Co., Ltd. |
CHINA |
CID003401 |
|
Tungsten |
Ganzhou Haichuang Tungsten Co., Ltd. |
CHINA |
CID002645 |
|
Tungsten |
Ganzhou Huaxing Tungsten Products Co., Ltd. |
CHINA |
CID000875 |
|
Tungsten |
Ganzhou Jiangwu Ferrotungsten Co., Ltd. |
CHINA |
CID002315 |
|
Tungsten |
Ganzhou Seadragon W & Mo Co., Ltd. |
CHINA |
CID002494 |
|
Gold |
GCC Gujrat Gold Centre Pvt. Ltd. |
INDIA |
CID002852 |
|
Gold |
Geib Refining Corporation |
UNITED STATES OF AMERICA |
CID002459 |
|
Tin |
Gejiu City Fuxiang Industry and Trade Co., Ltd. |
CHINA |
CID003410 |
|
Tin |
Gejiu Fengming Metallurgy Chemical Plant |
CHINA |
CID002848 |
|
Tin |
Gejiu Kai Meng Industry and Trade LLC |
CHINA |
CID000942 |
|
Tin |
Gejiu Non-Ferrous Metal Processing Co., Ltd. |
CHINA |
CID000538 |
|
Tin |
Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. |
CHINA |
CID001908 |
|
Tin |
Gejiu Zili Mining And Metallurgy Co., Ltd. |
CHINA |
CID000555 |
|
Tungsten |
GEM Co., Ltd. |
CHINA |
CID003417 |
|
Tantalum |
Global Advanced Metals Aizu |
JAPAN |
CID002558 |
|
Tantalum |
Global Advanced Metals Boyertown |
UNITED STATES OF AMERICA |
CID002557 |
|
Tungsten |
Global Tungsten & Powders Corp. |
UNITED STATES OF AMERICA |
CID000568 |
|
Gold |
Gold Coast Refinery |
GHANA |
CID003186 |
|
Gold |
Gold Refinery of Zijin Mining Group Co., Ltd. |
CHINA |
CID002243 |
|
Gold |
Great Wall Precious Metals Co., Ltd. of CBPM |
CHINA |
CID001909 |
|
Tin |
Guangdong Hanhe Non-Ferrous Metal Co., Ltd. |
CHINA |
CID003116 |
|
Gold |
Guangdong Jinding Gold Limited |
CHINA |
CID002312 |
|
Tungsten |
Guangdong Xianglu Tungsten Co., Ltd. |
CHINA |
CID000218 |
|
Gold |
Guoda Safina High-Tech Environmental Refinery Co., Ltd. |
CHINA |
CID000651 |
|
Tantalum |
H.C. Starck Hermsdorf GmbH |
GERMANY |
CID002547 |
|
Tantalum |
H.C. Starck Inc. |
UNITED STATES OF AMERICA |
CID002548 |
|
Tungsten |
H.C. Starck Tungsten GmbH |
GERMANY |
CID002541 |
|
Gold |
Hangzhou Fuchunjiang Smelting Co., Ltd. |
CHINA |
CID000671 |
|
Gold |
Heimerle + Meule GmbH |
GERMANY |
CID000694 |
|
Tantalum |
Hengyang King Xing Lifeng New Materials Co., Ltd. |
CHINA |
CID002492 |
|
Gold |
Heraeus Germany GmbH Co. KG |
GERMANY |
CID000711 |
|
Gold |
Heraeus Metals Hong Kong Ltd. |
CHINA |
CID000707 |
|
Tin |
HuiChang Hill Tin Industry Co., Ltd. |
CHINA |
CID002844 |
|
Tungsten |
Hunan Chenzhou Mining Co., Ltd. |
CHINA |
CID000766 |
|
Tungsten |
Hunan Chunchang Nonferrous Metals Co., Ltd. |
CHINA |
CID000769 |
|
Gold |
Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd. |
CHINA |
CID000773 |
|
Tungsten |
Hunan Litian Tungsten Industry Co., Ltd. |
CHINA |
CID003182 |
|
Gold |
HwaSeong CJ CO., LTD. |
KOREA, REPUBLIC OF |
CID000778 |
|
Gold |
Industrial Refining Company |
BELGIUM |
CID002587 |
|
Gold |
Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd. |
CHINA |
CID000801 |
|
Gold |
International Precious Metal Refiners |
UNITED ARAB EMIRATES |
CID002562 |
|
Gold |
Ishifuku Metal Industry Co., Ltd. |
JAPAN |
CID000807 |
|
Gold |
Istanbul Gold Refinery |
TURKEY |
CID000814 |
|
Gold |
Italpreziosi |
ITALY |
CID002765 |
|
Gold |
JALAN & Company |
INDIA |
CID002893 |
|
Gold |
Japan Mint |
JAPAN |
CID000823 |
|
Tungsten |
Japan New Metals Co., Ltd. |
JAPAN |
CID000825 |
|
Tungsten |
Jiangwu H.C. Starck Tungsten Products Co., Ltd. |
CHINA |
CID002551 |
|
Gold |
Jiangxi Copper Co., Ltd. |
CHINA |
CID000855 |
|
Tantalum |
Jiangxi Dinghai Tantalum & Niobium Co., Ltd. |
CHINA |
CID002512 |
|
Tungsten |
Jiangxi Gan Bei Tungsten Co., Ltd. |
CHINA |
CID002321 |
|
Tungsten |
Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd. |
CHINA |
CID002313 |
|
Tin |
Jiangxi New Nanshan Technology Ltd. |
CHINA |
CID001231 |
|
Tungsten |
Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. |
CHINA |
CID002318 |
|
Tantalum |
Jiangxi Tuohong New Raw Material |
CHINA |
CID002842 |
|
Tungsten |
Jiangxi Xinsheng Tungsten Industry Co., Ltd. |
CHINA |
CID002317 |
|
Tungsten |
Jiangxi Yaosheng Tungsten Co., Ltd. |
CHINA |
CID002316 |
|
Tantalum |
JiuJiang JinXin Nonferrous Metals Co., Ltd. |
CHINA |
CID000914 |
|
Tantalum |
Jiujiang Tanbre Co., Ltd. |
CHINA |
CID000917 |
|
Tantalum |
Jiujiang Zhongao Tantalum & Niobium Co., Ltd. |
CHINA |
CID002506 |
|
Gold |
JX Nippon Mining & Metals Co., Ltd. |
JAPAN |
CID000937 |
|
Gold |
K.A. Rasmussen |
NORWAY |
CID003497 |
|
Gold |
Kaloti Precious Metals |
UNITED ARAB EMIRATES |
CID002563 |
|
Gold |
Kazakhmys Smelting LLC |
KAZAKHSTAN |
CID000956 |
|
Gold |
Kazzinc |
KAZAKHSTAN |
CID000957 |
|
Tantalum |
KEMET de Mexico |
MEXICO |
CID002539 |
|
Tungsten |
Kennametal Fallon |
UNITED STATES OF AMERICA |
CID000966 |
|
Tungsten |
Kennametal Huntsville |
UNITED STATES OF AMERICA |
CID000105 |
|
Gold |
Kennecott Utah Copper LLC |
UNITED STATES OF AMERICA |
CID000969 |
|
Tungsten |
KGETS Co., Ltd. |
KOREA, REPUBLIC OF |
CID003388 |
|
Gold |
KGHM Polska Miedz Spolka Akcyjna |
POLAND |
CID002511 |
|
Gold |
Kojima Chemicals Co., Ltd. |
JAPAN |
CID000981 |
|
Gold |
Korea Zinc Co., Ltd. |
KOREA, REPUBLIC OF |
CID002605 |
|
Gold |
Kundan Care Products Ltd. |
INDIA |
CID003463 |
|
Gold |
Kyrgyzaltyn JSC |
KYRGYZSTAN |
CID001029 |
|
Gold |
L'azurde Company For Jewelry |
SAUDI ARABIA |
CID001032 |
|
Tungsten |
Lianyou Metals Co., Ltd. |
TAIWAN, PROVINCE OF CHINA |
CID003407 |
|
Gold |
Lingbao Gold Co., Ltd. |
CHINA |
CID001056 |
|
Gold |
Lingbao Jinyuan Tonghui Refinery Co., Ltd. |
CHINA |
CID001058 |
|
Gold |
L'Orfebre S.A. |
ANDORRA |
CID002762 |
|
Tantalum |
LSM Brasil S.A. |
BRAZIL |
CID001076 |
|
Gold |
LS-NIKKO Copper Inc. |
KOREA, REPUBLIC OF |
CID001078 |
|
Gold |
LT Metal Ltd. |
KOREA, REPUBLIC OF |
CID000689 |
|
Tin |
Luna Smelter, Ltd. |
RWANDA |
CID003387 |
|
Gold |
Luoyang Zijin Yinhui Gold Refinery Co., Ltd. |
CHINA |
CID001093 |
|
Tin |
Ma'anshan Weitai Tin Co., Ltd. |
CHINA |
CID003379 |
|
Tin |
Magnu's Minerais Metais e Ligas Ltda. |
BRAZIL |
CID002468 |
|
Tin |
Malaysia Smelting Corporation (MSC) |
MALAYSIA |
CID001105 |
|
Tungsten |
Malipo Haiyu Tungsten Co., Ltd. |
CHINA |
CID002319 |
|
Gold |
Marsam Metals |
BRAZIL |
CID002606 |
|
Tungsten |
Masan High-Tech Materials |
VIET NAM |
CID002543 |
|
Gold |
Materion |
UNITED STATES OF AMERICA |
CID001113 |
|
Gold |
Matsuda Sangyo Co., Ltd. |
JAPAN |
CID001119 |
|
Gold |
MD Overseas |
INDIA |
CID003548 |
|
Tin |
Melt Metais e Ligas S.A. |
BRAZIL |
CID002500 |
|
Tantalum |
Meta Materials |
NORTH MACEDONIA, REPUBLIC OF |
CID002847 |
|
Gold |
Metal Concentrators SA (Pty) Ltd. |
SOUTH AFRICA |
CID003575 |
|
Tin |
Metallic Resources, Inc. |
UNITED STATES OF AMERICA |
CID001142 |
|
Gold |
Metallix Refining Inc. |
UNITED STATES OF AMERICA |
CID003557 |
|
Tin |
Metallo Belgium N.V. |
BELGIUM |
CID002773 |
|
Tin |
Metallo Spain S.L.U. |
SPAIN |
CID002774 |
|
Tantalum |
Metallurgical Products India Pvt., Ltd. |
INDIA |
CID001163 |
|
Gold |
Metalor Technologies (Hong Kong) Ltd. |
CHINA |
CID001149 |
|
Gold |
Metalor Technologies (Singapore) Pte., Ltd. |
SINGAPORE |
CID001152 |
|
Gold |
Metalor Technologies (Suzhou) Ltd. |
CHINA |
CID001147 |
|
Gold |
Metalor Technologies S.A. |
SWITZERLAND |
CID001153 |
|
Gold |
Metalor USA Refining Corporation |
UNITED STATES OF AMERICA |
CID001157 |
|
Gold |
Metalurgica Met-Mex Penoles S.A. De C.V. |
MEXICO |
CID001161 |
|
Tin |
Mineracao Taboca S.A. |
BRAZIL |
CID001173 |
|
Tin |
Minsur |
PERU |
CID001182 |
|
Gold |
Mitsubishi Materials Corporation |
JAPAN |
CID001188 |
|
Tantalum |
Mitsui Mining and Smelting Co., Ltd. |
JAPAN |
CID001192 |
|
Gold |
Mitsui Mining and Smelting Co., Ltd. |
JAPAN |
CID001193 |
|
Gold |
MMTC-PAMP India Pvt., Ltd. |
INDIA |
CID002509 |
|
Gold |
Modeltech Sdn Bhd |
MALAYSIA |
CID002857 |
|
Gold |
Morris and Watson |
NEW ZEALAND |
CID002282 |
|
Gold |
Nadir Metal Rafineri San. Ve Tic. A.S. |
TURKEY |
CID001220 |
|
Gold |
Navoi Mining and Metallurgical Combinat |
UZBEKISTAN |
CID001236 |
|
Tin |
Nghe Tinh Non-Ferrous Metals Joint Stock Company |
VIET NAM |
CID002573 |
|
Gold |
NH Recytech Company |
KOREA, REPUBLIC OF |
CID003189 |
|
Tungsten |
Niagara Refining LLC |
UNITED STATES OF AMERICA |
CID002589 |
|
Gold |
Nihon Material Co., Ltd. |
JAPAN |
CID001259 |
|
Tantalum |
Ningxia Orient Tantalum Industry Co., Ltd. |
CHINA |
CID001277 |
|
Tantalum |
NPM Silmet AS |
ESTONIA |
CID001200 |
|
Tin |
O.M. Manufacturing (Thailand) Co., Ltd. |
THAILAND |
CID001314 |
|
Tin |
O.M. Manufacturing Philippines, Inc. |
PHILIPPINES |
CID002517 |
|
Gold |
Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH |
AUSTRIA |
CID002779 |
|
Gold |
Ohura Precious Metal Industry Co., Ltd. |
JAPAN |
CID001325 |
|
Tin |
Operaciones Metalurgicas S.A. |
BOLIVIA (PLURINATIONAL STATE OF) |
CID001337 |
|
Gold |
PAMP S.A. |
SWITZERLAND |
CID001352 |
|
Gold |
Pease & Curren |
UNITED STATES OF AMERICA |
CID002872 |
|
Gold |
Penglai Penggang Gold Industry Co., Ltd. |
CHINA |
CID001362 |
|
Tungsten |
Philippine Chuangxin Industrial Co., Inc. |
PHILIPPINES |
CID002827 |
|
Gold |
Planta Recuperadora de Metales SpA |
CHILE |
CID002919 |
|
Tin |
Pongpipat Company Limited |
MYANMAR |
CID003208 |
|
Tin |
Precious Minerals and Smelting Limited |
INDIA |
CID003409 |
|
Gold |
PT Aneka Tambang (Persero) Tbk |
INDONESIA |
CID001397 |
|
Tin |
PT Aries Kencana Sejahtera |
INDONESIA |
CID000309 |
|
Tin |
PT Artha Cipta Langgeng |
INDONESIA |
CID001399 |
|
Tin |
PT ATD Makmur Mandiri Jaya |
INDONESIA |
CID002503 |
|
Tin |
PT Babel Surya Alam Lestari |
INDONESIA |
CID001406 |
|
Tin |
PT Bangka Serumpun |
INDONESIA |
CID003205 |
|
Tin |
PT Lautan Harmonis Sejahtera |
INDONESIA |
CID002870 |
|
Tin |
PT Menara Cipta Mulia |
INDONESIA |
CID002835 |
|
Tin |
PT Mitra Stania Prima |
INDONESIA |
CID001453 |
|
Tin |
PT Mitra Sukses Globalindo |
INDONESIA |
CID003449 |
|
Tin |
PT Prima Timah Utama |
INDONESIA |
CID001458 |
|
Tin |
PT Rajawali Rimba Perkasa |
INDONESIA |
CID003381 |
|
Tin |
PT Rajehan Ariq |
INDONESIA |
CID002593 |
|
Tin |
PT Refined Bangka Tin |
INDONESIA |
CID001460 |
|
Tin |
PT Stanindo Inti Perkasa |
INDONESIA |
CID001468 |
|
Tin |
PT Timah Nusantara |
INDONESIA |
CID001486 |
|
Tin |
PT Timah Tbk Kundur |
INDONESIA |
CID001477 |
|
Tin |
PT Timah Tbk Mentok |
INDONESIA |
CID001482 |
|
Tin |
PT Tinindo Inter Nusa |
INDONESIA |
CID001490 |
|
Gold |
PX Precinox S.A. |
SWITZERLAND |
CID001498 |
|
Gold |
QG Refining, LLC |
UNITED STATES OF AMERICA |
CID003324 |
|
Tantalum |
QuantumClean |
UNITED STATES OF AMERICA |
CID001508 |
|
Gold |
Rand Refinery (Pty) Ltd. |
SOUTH AFRICA |
CID001512 |
|
Gold |
Refinery of Seemine Gold Co., Ltd. |
CHINA |
CID000522 |
|
Gold |
REMONDIS PMR B.V. |
NETHERLANDS |
CID002582 |
|
Tin |
Resind Industria e Comercio Ltda. |
BRAZIL |
CID002706 |
|
Gold |
Royal Canadian Mint |
CANADA |
CID001534 |
|
Tin |
Rui Da Hung |
TAIWAN, PROVINCE OF CHINA |
CID001539 |
|
Gold |
SAAMP |
FRANCE |
CID002761 |
|
Gold |
Sabin Metal Corp. |
UNITED STATES OF AMERICA |
CID001546 |
|
Gold |
Safimet S.p.A |
ITALY |
CID002973 |
|
Gold |
SAFINA A.S. |
CZECHIA |
CID002290 |
|
Gold |
Sai Refinery |
INDIA |
CID002853 |
|
Gold |
Samduck Precious Metals |
KOREA, REPUBLIC OF |
CID001555 |
|
Gold |
Samwon Metals Corp. |
KOREA, REPUBLIC OF |
CID001562 |
|
Gold |
Sancus ZFS (L’Orfebre, SA) |
COLOMBIA |
CID003529 |
|
Gold |
SAXONIA Edelmetalle GmbH |
GERMANY |
CID002777 |
|
Gold |
Sellem Industries Ltd. |
MAURITANIA |
CID003540 |
|
Gold |
SEMPSA Joyeria Plateria S.A. |
SPAIN |
CID001585 |
|
Gold |
Shandong Gold Smelting Co., Ltd. |
CHINA |
CID001916 |
|
Gold |
Shandong Humon Smelting Co., Ltd. |
CHINA |
CID002525 |
|
Gold |
Shandong Tiancheng Biological Gold Industrial Co., Ltd. |
CHINA |
CID001619 |
|
Gold |
Shandong Zhaojin Gold & Silver Refinery Co., Ltd. |
CHINA |
CID001622 |
|
Gold |
Shenzhen Zhonghenglong Real Industry Co., Ltd. |
CHINA |
CID002527 |
|
Gold |
Shirpur Gold Refinery Ltd. |
INDIA |
CID002588 |
|
Gold |
Sichuan Tianze Precious Metals Co., Ltd. |
CHINA |
CID001736 |
|
Gold |
Singway Technology Co., Ltd. |
TAIWAN, PROVINCE OF CHINA |
CID002516 |
|
Tin |
Soft Metais Ltda. |
BRAZIL |
CID001758 |
|
Gold |
Solar Applied Materials Technology Corp. |
TAIWAN, PROVINCE OF CHINA |
CID001761 |
|
Gold |
Sovereign Metals |
INDIA |
CID003383 |
|
Gold |
State Research Institute Center for Physical Sciences and Technology |
LITHUANIA |
CID003153 |
|
Gold |
Sudan Gold Refinery |
SUDAN |
CID002567 |
|
Gold |
Sumitomo Metal Mining Co., Ltd. |
JAPAN |
CID001798 |
|
Gold |
SungEel HiMetal Co., Ltd. |
KOREA, REPUBLIC OF |
CID002918 |
|
Tin |
Super Ligas |
BRAZIL |
CID002756 |
|
Gold |
T.C.A S.p.A |
ITALY |
CID002580 |
|
Tantalum |
Taki Chemical Co., Ltd. |
JAPAN |
CID001869 |
|
Gold |
Tanaka Kikinzoku Kogyo K.K. |
JAPAN |
CID001875 |
|
Tantalum |
TANIOBIS Co., Ltd. |
THAILAND |
CID002544 |
|
Tantalum |
TANIOBIS GmbH |
GERMANY |
CID002545 |
|
Tantalum |
TANIOBIS Japan Co., Ltd. |
JAPAN |
CID002549 |
|
Tungsten |
TANIOBIS Smelting GmbH & Co. KG |
GERMANY |
CID002542 |
|
Tantalum |
Telex Metals |
UNITED STATES OF AMERICA |
CID001891 |
|
Tin |
Thai Nguyen Mining and Metallurgy Co., Ltd. |
VIET NAM |
CID002834 |
|
Tin |
Thaisarco |
THAILAND |
CID001898 |
|
Tin |
Tin Technology & Refining |
UNITED STATES OF AMERICA |
CID003325 |
|
Gold |
Tokuriki Honten Co., Ltd. |
JAPAN |
CID001938 |
|
Gold |
Tongling Nonferrous Metals Group Co., Ltd. |
CHINA |
CID001947 |
|
Gold |
TOO Tau-Ken-Altyn |
KAZAKHSTAN |
CID002615 |
|
Gold |
Torecom |
KOREA, REPUBLIC OF |
CID001955 |
|
Gold |
TSK Pretech |
KOREA, REPUBLIC OF |
CID003195 |
|
Tin |
Tuyen Quang Non-Ferrous Metals Joint Stock Company |
VIET NAM |
CID002574 |
|
Tantalum |
Ulba Metallurgical Plant JSC |
KAZAKHSTAN |
CID001969 |
|
Gold |
Umicore Precious Metals Thailand |
THAILAND |
CID002314 |
|
Gold |
Umicore S.A. Business Unit Precious Metals Refining |
BELGIUM |
CID001980 |
|
Gold |
United Precious Metal Refining, Inc. |
UNITED STATES OF AMERICA |
CID001993 |
|
Gold |
Valcambi S.A. |
SWITZERLAND |
CID002003 |
|
Tin |
VQB Mineral and Trading Group JSC |
VIET NAM |
CID002015 |
|
Gold |
Western Australian Mint (T/a The Perth Mint) |
AUSTRALIA |
CID002030 |
|
Tin |
White Solder Metalurgia e Mineracao Ltda. |
BRAZIL |
CID002036 |
|
Gold |
WIELAND Edelmetalle GmbH |
GERMANY |
CID002778 |
|
Tungsten |
Wolfram Bergbau und Hutten AG |
AUSTRIA |
CID002044 |
|
Tungsten |
Woltech Korea Co., Ltd. |
KOREA, REPUBLIC OF |
CID002843 |
|
Tungsten |
Xiamen Tungsten (H.C.) Co., Ltd. |
CHINA |
CID002320 |
|
Tungsten |
Xiamen Tungsten Co., Ltd. |
CHINA |
CID002082 |
|
Tantalum |
XIMEI RESOURCES (GUANGDONG) LIMITED |
CHINA |
CID000616 |
|
Tungsten |
Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd. |
CHINA |
CID002830 |
|
Tantalum |
XinXing HaoRong Electronic Material Co., Ltd. |
CHINA |
CID002508 |
|
Gold |
Yamakin Co., Ltd. |
JAPAN |
CID002100 |
|
Tantalum |
Yanling Jincheng Tantalum & Niobium Co., Ltd. |
CHINA |
CID001522 |
|
Gold |
Yokohama Metal Co., Ltd. |
JAPAN |
CID002129 |
|
Tin |
Yunnan Chengfeng Non-ferrous Metals Co., Ltd. |
CHINA |
CID002158 |
|
Gold |
Yunnan Copper Industry Co., Ltd. |
CHINA |
CID000197 |
|
Tin |
Yunnan Tin Company Limited |
CHINA |
CID002180 |
|
Tin |
Yunnan Yunfan Non-ferrous Metals Co., Ltd. |
CHINA |
CID003397 |
|
Gold |
Zhongyuan Gold Smelter of Zhongjin Gold Corporation |
CHINA |
CID002224 |
Our efforts to determine the mine or location of origin of the 3TG used in our products consisted of the due diligence measures described in this report. In particular, because independent third-party audit programs validate whether sufficient evidence exists regarding country, mine and/or location of origin of the 3TG that the audited smelter or refiner facilities have processed, we relied on the information made available by such programs for the smelters and refiners in our supply chain. We were unable to ascertain the country of origin and/or chain of custody of all necessary 3TG processed by these facilities for this reporting period.
Planned Steps to Improve Due Diligence
We intend to take the following steps to improve our due diligence program:
|
1. |
Review our supplier list to ensure we are surveying relevant suppliers. |
|
2. |
Continue to track supplier responses monthly and report to supply chain team. Escalate suppliers with no-response and/or unacceptable responses to ensure accurate responses. |
|
3. |
Begin the CMRT request process sooner to give suppliers more time to update and send CMRT reports. |
|
4. |
Continue to work with suppliers to collect a complete list of smelters within The Shyft Group’s supply chain by providing direction to reference the RMI list of smelters when completing their CMRT report. |
|
5. |
Train new members on Conflict Mineral’s process and procedures. |