Question 1

What is the EU Conflict Minerals Regulation, and who is required to comply?

Accepted Answer

The EU Conflict Minerals Regulation is a European Union law that came into effect on January 1, 2021. It requires EU importers of conflict minerals — specifically tin, tungsten, tantalum, and gold (3TGs) — to conduct due diligence to ensure their sourcing does not contribute to armed conflict or human rights violations in the Democratic Republic of the Congo (DRC) or other conflict-affected and high-risk areas (CAHRAs). Importers must assess smelters and refiners in their supply chains and submit appropriate conflict minerals declarations.

Question 2

What is a Conflict Minerals Reporting Template (CMRT) and how is it used?

Accepted Answer

The CMRT is a standardized document developed by the Responsible Minerals Initiative (RMI). It is used to collect information about smelters and refiners from suppliers and forms the backbone of most conflict minerals compliance programs. Companies use the CMRT to track the source of conflict minerals in their products and report data as required under regulations like the EU Conflict Minerals Regulation and Section 1502 of the U.S. Dodd-Frank Act.

Question 3

Does cobalt count as a conflict mineral under the European Union regulation?

Accepted Answer

Cobalt is currently not classified as a conflict mineral under the EU regulation on conflict minerals, which focuses specifically on tin, tungsten, tantalum, and gold. However, cobalt has increasingly come under scrutiny due to its sourcing risks, particularly in the DRC, and may be included in future regulatory updates or voluntary disclosure frameworks.

Question 4

How can conflict minerals compliance software support your reporting efforts?

Accepted Answer

Conflict minerals software helps automate supplier outreach, CMRT data collection, smelter risk scoring, and report generation. Advanced tools such as those offered by Assent enable companies to simplify compliance with the European Union Conflict Minerals Regulation while reducing the administrative burden. This software is especially valuable for complex manufacturers managing high volumes of supplier data across global operations.

Question 5

What does a conflict minerals compliance program typically include?

Accepted Answer

A robust conflict minerals compliance program includes several key elements:Identifying in-scope products and suppliersCollecting supplier declarations on material origins (e.g. by gathering CMRTs)Conducting risk assessments on smelters and refinersAuditing data for accuracyPublishing a conflict minerals reportThese steps help companies meet regulatory obligations and support ethical sourcing across their global supply chains.

Question 6

How can conflict minerals compliance software support your reporting efforts?

Accepted Answer

Conflict minerals software helps automate supplier outreach, CMRT data collection, smelter risk scoring, and report generation. Advanced tools such as those offered by Assent enable companies to simplify compliance with the European Union Conflict Minerals Regulation while reducing the administrative burden. This software is especially valuable for complex manufacturers managing high volumes of supplier data across global operations.

Question 7

What is the EU Conflict Minerals Regulation, and who is required to comply?

Accepted Answer

The EU Conflict Minerals Regulation is a European Union law that came into effect on January 1, 2021. It requires EU importers of conflict minerals — specifically tin, tungsten, tantalum, and gold (3TGs) — to conduct due diligence to ensure their sourcing does not contribute to armed conflict or human rights violations in the Democratic Republic of the Congo (DRC) or other conflict-affected and high-risk areas (CAHRAs). Importers must assess smelters and refiners in their supply chains and submit appropriate conflict minerals declarations.

Question 8

What is a Conflict Minerals Reporting Template (CMRT) and how is it used?

Accepted Answer

The CMRT is a standardized document developed by the Responsible Minerals Initiative (RMI). It is used to collect information about smelters and refiners from suppliers and forms the backbone of most conflict minerals compliance programs. Companies use the CMRT to track the source of conflict minerals in their products and report data as required under regulations like the EU Conflict Minerals Regulation and Section 1502 of the U.S. Dodd-Frank Act.

Question 9

Does cobalt count as a conflict mineral under the European Union regulation?

Accepted Answer

Cobalt is currently not classified as a conflict mineral under the EU regulation on conflict minerals, which focuses specifically on tin, tungsten, tantalum, and gold. However, cobalt has increasingly come under scrutiny due to its sourcing risks, particularly in the DRC, and may be included in future regulatory updates or voluntary disclosure frameworks.

Question 10

How can conflict minerals compliance software support your reporting efforts?

Accepted Answer

Conflict minerals software helps automate supplier outreach, CMRT data collection, smelter risk scoring, and report generation. Advanced tools such as those offered by Assent enable companies to simplify compliance with the European Union Conflict Minerals Regulation while reducing the administrative burden. This software is especially valuable for complex manufacturers managing high volumes of supplier data across global operations.

Question 11

What does a conflict minerals compliance program typically include?

Accepted Answer

A robust conflict minerals compliance program includes several key elements:Identifying in-scope products and suppliersCollecting supplier declarations on material origins (e.g. by gathering CMRTs)Conducting risk assessments on smelters and refinersAuditing data for accuracyPublishing a conflict minerals reportThese steps help companies meet regulatory obligations and support ethical sourcing across their global supply chains.

Question 12

How can conflict minerals compliance software support your reporting efforts?

Accepted Answer

Conflict minerals software helps automate supplier outreach, CMRT data collection, smelter risk scoring, and report generation. Advanced tools such as those offered by Assent enable companies to simplify compliance with the European Union Conflict Minerals Regulation while reducing the administrative burden. This software is especially valuable for complex manufacturers managing high volumes of supplier data across global operations.

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