US Enacts 'Conflict Metal' Law

摘要

Included in the financial sector reform law President Obama signed on July 21 was legislation designed to prevent trade in so-called conflict minerals from the Democratic Republic of the Congo. A wide range of electronics will now be subject to new sourcing and supply chain requirements for at least five years.rnThe law essentially bans the import of gold, columbite-tantalite, cassiterite, wolframite, and their derivatives from the DRC by US-based publicly held companies, enacts strict reporting standards, and implements a new labeling procedure.