UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form SD

 

Specialized Disclosure Report

 

 

Baker Hughes Company

 

 

 

State of incorporation/organization:   Commission File Number:   IRS Employer Identification Number:
Delaware   1-38143   81-4403168
Address of principal executive offices:   Person to contact in connection with this report:

575 N. Dairy Ashford Road, Suite 100

Houston TX 77079-1121

  

M. Georgia Magno

Chief Legal Officer

(713) 439-8600

Rule pursuant to which this form is being filed:   Period to which the information in this form applies:

☒   Rule 13p-1, 17 CFR 240.13p-1 – Securities Exchange Act, 15 U.S.C 78m(p) – Section 1502, Dodd-Frank Act

☐   Securities Exchange Act, 15 U.S.C 78m(q) – Section 1504, Dodd-Frank Act

   January 1, 2023, to December 31, 2023

 

 

 

Section 1 – Conflict Minerals Disclosures

 

ITEM 1.01

CONFLICT MINERALS DISCLOSURE AND REPORT

REASONABLE COUNTRY OF ORIGIN INQUIRY

 

Determinations made.

Baker Hughes Company (“Baker Hughes,” “Company,” “we,” “our” and “us”), a Delaware corporation, determined that in calendar year 2023, we obtained conflict minerals necessary for the production of certain products manufactured or contracted to be manufactured for sale by the Company.

Description of inquiry.

The Company’s inquiry is described in this Specialized Disclosure Report, which includes our Conflict Minerals Report (the “Report”) attached to this Form SD as Exhibit 1.01.

Additional information on the Company’s conflict minerals compliance program can be found at the following web page: https://www.bakerhughes.com/conflict-minerals

Results of inquiry

As a result of better utilization of preferred suppliers and detailed evaluation of product-level spend information, in 2023 the Company decreased the number of suppliers we identified as possibly using conflict minerals in products manufactured or contracted to be manufactured for the Company. This focused approach resulted in better targeted communication and improved supplier response rate. We received information regarding conflict minerals in our supply chain from 596 relevant suppliers. Approximately 57% of the suppliers reported that they did not use conflict minerals in their products provided to the Company. Approximately 34% of the responding suppliers furnished relevant materials to the Company originating from the Democratic Republic of Congo (“DRC”) or an adjoining country (collectively, “DRC Region”). Approximately 9% of the responding suppliers furnished relevant materials to the Company that originated either outside of the DRC Region or from recycled or scrap sources. As a result of sanctions in Russia, certain Russian smelters are now deemed to be high-risk, and that resulted in an increase in the number of high-risk smelters compared to 2022. However, as a result of sourcing from our preferred suppliers, a detailed evaluation of product-level spend information and an increased number of product level reports from the suppliers, the Company was able to decrease the use of high-risk suppliers from 157 to 96 year-over-year. A table listing all originating countries and recycled or scrap sources for each Conflict Mineral is set forth as Paragraph 6 of the Report.

CONFLICT MINERALS DISCLOSURE

 

A copy of this Form SD and the Report for the calendar year ended December 31, 2023, are available for access by all interested parties on the Company’s public Internet website:

https://www.bakerhughes.com/conflict-minerals

 

ITEM 1.02

EXHIBIT

 

The Report required by Item 1.01 is filed as Exhibit 1.01 to this Form SD.

Section 3 – Exhibits

 

ITEM 3.01

EXHIBITS

 

Exhibit 1.01 Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form SD.

Signature

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.

Baker Hughes Company

 

/s/ Fernando Contreras   May 24, 2024
Fernando Contreras  
Vice President – Legal Governance and Corporate Secretary  

 

Exhibit 1.01

 

 

Conflict Minerals Report

 

 

 

  1.

Overview

This Report has been prepared pursuant to Rule 13p-1 of the Securities Exchange Act of 1934, as amended (“Rule 13p-1”), for the reporting period from January 1 to December 31, 2023. The Company is an energy technology company that provides solutions for energy and industrial customers worldwide.

The Company’s supply chain is both global and complex, and there are multiple tiers of suppliers between the Company and the original sources of minerals used in the Company’s products. Therefore, the Company relied on its direct suppliers to provide information about the origin of conflict minerals in the raw materials and components it purchased for use in the manufacture of, or contracts to manufacture, products that the Company offers for sale.

The Report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, (each a “forward-looking statement”). The words “will,” “intend,” “anticipate,” “believe,” “ensure,” “expect,” “if,” “estimate,” “project,” “foresee,” “predict,” “outlook,” “aim,” “could,” “should,” “potential,” “would,” “may,” “probable,” “likely,” “seek,” “overestimate,” “underestimate,” “continue,” “target,” “goal,” or other similar words or expressions, and the negative thereof, are intended to identify forward-looking statements. Forward-looking statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. These forward-looking statements are also affected by the risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings available through the Company’s website at: https://investors.bakerhughes.com/ or through the SEC’s Electronic Data Gathering and Analysis Retrieval (“EDGAR”) system at: www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statement. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

 

  2.

Reasonable Country of Origin Inquiry (RCOI)

In accordance with Rule 13p-1, the Company undertook a reasonable country of origin inquiry to determine the origin of the conflict minerals necessary to the production or functionality of the products the Company offered for sale during the reporting period. The Company undertook the following as part of that inquiry:

 

  •  

utilized the Company’s existing mechanisms for reporting conflict minerals concerns, allowing contact by email and an online tool for both the public and internal reporters;

 

  •  

identified those products we manufactured or contracted to manufacture that we reasonably believed contained one or more conflict minerals (defined as cassiterite, columbite-tantalite, wolframite, and their derivatives, which are limited to tin, tantalum, tungsten, and gold collectively, the “Conflict Minerals” or sometimes “conflict minerals” or “3TGs” as defined in Organization for Economic Cooperation and Development (OECD) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (Third Edition) – “OECD Guidance”), by eliminating those product categories that were not subject to Rule 13p-1, including tool rentals, tools used in performance of our services, chemicals, and fluids;

 

  •  

identified direct suppliers – those providing materials and components incorporated in the manufacturing process – of the pertinent products identified in the step above;

  •  

using lessons learned during previous reporting periods, we prioritized our diligence efforts to identify higher risk suppliers potentially providing relevant raw materials or components by eliminating suppliers of material categories not likely to contain 3TGs, including sand, cement, and polymers;

 

  •  

further enhanced our diligence efforts by reaching out directly to non-responding suppliers, involving internal stakeholders more in the communication to meaningfully engage with suppliers;

 

  •  

identified 859 suppliers that provided the materials or components specifically identified as higher risk or prioritized in the previous steps;

 

  •  

engaged the services of a third-party conflict minerals service provider to create and maintain a supplier engagement portal;

 

  •  

contacted the identified suppliers via the third-party conflict minerals service provider’s technology platform;

 

  •  

informed relevant suppliers of the Company’s expectations regarding compliance with the Company’s supplier conflict minerals policy and due diligence processes, as well as responses to the Company’s requests for information;

 

  •  

requested confirmation from these suppliers of the presence of any conflict mineral in the raw materials or components they supplied to the Company, and information regarding the origin of those minerals;

 

  •  

requested these suppliers to in turn require their downstream suppliers that provided them with materials or components utilized in the manufacture of our products to comply with the Company’s conflict minerals requirements;

 

  •  

requested these suppliers to develop a policy and management system covering conflict minerals and to require their downstream suppliers to adopt similar policies and systems;

 

  •  

informed these suppliers of the informational and instructional materials available on our third-party conflict minerals service provider’s Conflict Minerals Resource Center web page, the Conflict Minerals Reporting Template (“CMRT”) questionnaire, and due diligence guidelines;

 

  •  

established a deadline of April 30, 2024, to provide the requested conflict minerals information and documentation;

 

  •  

engaged the Company’s third-party service provider to follow up with unresponsive suppliers with up to three email messages, a telephone campaign and directly contacting individuals known to the Company’s Sourcing team at each such supplier;

 

  •  

reviewed the responses compiled for each responding supplier to determine the existence of a conflict minerals policy, due diligence process, and pass-through requirements for successive supplier tiers;

 

  •  

reviewed the responses compiled for each responding supplier to determine which smelters or refiners (“SORs”) were the source of necessary conflict minerals contained in the raw materials or components supplied to the Company;

 

  •  

received completed questionnaires from 584 of the identified suppliers contacted by our third-party conflict minerals service provider; and

 

  •  

identified 38 SORs that pose a high risk of obtaining 3TGs from non-conflict free sources, and determined that only twelve of these 38 are obtaining 3TGs from non-conflict free sources in the DRC Region.

The Company’s responding relevant suppliers identified 354 verified SORs believed to be the source of necessary conflict minerals contained in the raw materials or components supplied to the Company. Of those supplier-identified SORs, 77 were identified as sourcing from mines in the DRC Region; 65 of those SORs in turn reported their source of minerals were conflict-free. Additionally, 120 SORs were identified as noncompliant with or not enrolled in a verification program; of the unenrolled SORs, 1 was undergoing review, was being vetted by a verification process, or was in communication with a verification entity, and 71 were awaiting outreach by a verification entity.

The due diligence undertaken is more fully described below.

3. Design of Due Diligence

The Company’s due diligence was designed in conformance with an internationally recognized due diligence framework: the OECD Guidance. OECD Step 1 is discussed above, under the heading “Reasonable Country of Origin Inquiry” and Steps 2 – 5 are described below in the subheadings under “Due Diligence Measures Performed.”

  4.

Due Diligence Measures Performed

4.1 Establish Strong Company Management Systems

 

  •  

issued and disclosed our Conflict Minerals Policy Statement on our public website available here https://www.bakerhughes.com/conflict-minerals;

 

  •  

integrated conflict minerals reporting requirements in our suppliers’ contractual obligations through our Baker Hughes Standard Terms;

 

  •  

reported due diligence metrics and campaign status monthly to Vice President; 859 suppliers included in campaign, 596 CMRTs submitted in response to the campaign;

 

  •  

communicated supplier conflict minerals compliance and response metrics to cross-functional business reviews;

 

  •  

utilized third-party provider’s platform to provide online and webinar training opportunities to suppliers;

 

  •  

communicated both within the Company and externally to our suppliers that the Company’s confidential reporting process for potential compliance cases is available via online tool, e-mail and telephone;

 

  •  

actively participated in Responsible Minerals Initiative (RMI) working groups for better visibility on regulatory requirements and to align with industry best practice.

4.2 Identify and Assess Risks in the Supply Chain

The Company’s third-party service provider determined that approximately 63 of the identified SORs in our global supply chain potentially required additional due diligence on their source and chain of custody of conflict minerals provided to the Company based upon the applicability of one or more of the following criteria:

 

  •  

reported sourcing conflict minerals from the conflict area that were not verified as conflict-free;

 

  •  

provided data on SORs that self-report sourcing from a mine located in the conflict area;

 

  •  

provided data on SORs that were reported by independent entities to source from a mine located in the conflict area;

 

  •  

indicated that the SOR named by the supplier was located in the conflict area;

 

  •  

indicated that the SOR named by the supplier passed materials through a known or suspected country for smuggling, export out of other countries, or the transit of materials containing conflict minerals; or

 

  •  

provided information about an SOR indicating the origin of the materials was not from a country known to hold reserves.

4.3 Design and Implement a Strategy to Respond to Identified Risks

The Company’s third-party service provider undertook the following measures during due diligence on the source and chain of custody of the conflict minerals:

 

  •  

the Company’s third-party service provider independently verified all SOR information submitted by suppliers in their CMRTs, checking against the third-party conflict minerals service provider’s independent smelter research, including:

 

  •  

merged duplicate submissions following verification of overlapping company information;

 

  •  

eliminated submissions with garbage characters and obvious misspellings;

 

  •  

validated named entities as actual SORs; and

 

  •  

confirmed that each facility is a legitimate SOR of 3TGs;

 

  •  

gathered information on legitimate SORs from SOR databases of several sources including, without limitation, the third-party service provider’s independent research, Responsible Minerals Initiative (“RMI”), London Bullion Market Association (“LBMA”), the Dubai Multi Commodities Centre (“DMCC”), the Responsible Jewellery Council (“RJC”), the US Department of Commerce (“DoC”), and the US Geological Survey (“USGS”) (the “Third-Party Databases”);

  •  

if a supplier did not provide a proper identification number issued by a validating entity, such as RMI or LBMA, we requested the supplier to provide the following information:

  •  

the metal processed by the facility;

 

  •  

the city, province/state and country where the facility is located;

 

  •  

the name and email address for the designated contact at the facility;

 

  •  

the recycled and scrap status of metals, minerals or ores processed by the facility;

 

  •  

if the facility sources all of its metals, minerals or ores solely from recycled or scrap materials, the country of origin f those materials; and

 

  •  

if the facility does not source all materials solely from recycled or scrap providers, the location of mines from which the facility sources its metals, minerals or ores;

 

  •  

labeled as “Valid” those SOR submissions from suppliers that matched the Third-Party Databases of legitimate SORs and performed additional verification:

 

  •  

inquired whether the SOR has been audited by any recognized certification entities, such as RMI, LBMA, DMCC, or RJC and, if not, whether they underwent or plan to undergo another form of an independent audit; and

 

  •  

those SORs that have not undergone a certification audit were asked if they plan to undertake a certification process in the future;

 

  •  

labeled as “Invalid” those SORs submitted by a supplier that matched the Third-Party Databases list of facilities known not to be a legitimate facility, or a common erroneous or inoperative name;

 

  •  

labeled as “Undetermined” those SORs submitted by a supplier that did not match either the legitimate or non-legitimate lists in the Third-Party Databases;

 

  •  

identified suppliers that submitted SOR names determined to be Invalid or Undetermined for future contact to correct or amend the pertinent information;

 

  •  

for each Valid SOR, the Company’s third-party service provider assigned a risk rating of low, medium or high, based on the following factors:

 

  •  

whether the facility has or has not already successfully undergone a certification audit by a recognized entity;

 

  •  

whether the facility is registered with a certification body and, if so, is progressing toward completing an audit process by that body;

 

  •  

whether the facility is proximate to, conducts conflict mineral transactions with entities within, or transports materials through any of the following:

 

  •  

a Level 1 country, with known active ore production and not identified as either conflict regions or plausible countries engaged in smuggling materials containing conflict minerals;

 

  •  

a Level 2 country, known to or plausibly believed to be engaged in smuggling, export out of a Level 3 country, or as a transit for materials containing conflict minerals; or

 

  •  

a Level 3 country, the DRC or one of its nine adjoining countries, Angola, Burundi, Central African Republic, Republic of the Congo, Rwanda, South Sudan, Tanzania, Uganda, and Zambia, collectively referred to as “covered countries” in Section 1502 of the Dodd Frank Act;

 

  •  

for each supplier, calculated a cumulative SOR risk, either low, medium, or high, summarizing the risk that the supplier poses to the Company’s supply chain, based on the chances that the supplier furnishes 3TGs that may originate from non-conflict-free sources:

 

  •  

obtained the value of the cumulative SOR risk for each supplier by collecting the risk ratings of all SORs associated with the supplier; and

 

  •  

for each supplier, assigned the overall risk rating equal to the risk rating level with the most SORs at that level; and

 

  •  

joined third-party smelter outreach program to increase number of conformant SORs and further mitigate risk.

4.4 Carry out Independent Third-Party Audit of Smelter and Refiner Due Diligence Practices

 

  •  

As a downstream participant in the supply chain and, being a member of the RMI, we utilized the RMI Responsible Minerals Assurance Process (RMAP) and the RMAP Cross-Recognition Program and a third-party to verify certain information gathered from our suppliers.

4.5 Report Annually on Supply Chain Due Diligence

 

  •  

The Company annually reports on our global supply chain due diligence and makes the current and historical reports available with Baker Hughes Policy Statement and any other supporting documentation on our public website: https://www.bakerhughes.com/conflict-minerals.

 

  5.

Results of Due Diligence Undertaken and Processing Facilities

Based on the Company’s due diligence efforts to date, the Company does not have sufficient information to fully determine the country of origin of the conflict minerals in each of our relevant products, or whether the conflict minerals in each of our products were from recycled or scrap sources. Paragraph 6 below lists the countries of origin, by pertinent mineral, for which the Company has been able to confirm the information provided by our suppliers.

Based on the Company’s due diligence efforts to date, the Company does not have sufficient information to fully determine each processing facility utilized to produce the conflict minerals used in each of the Company’s relevant products. Schedule 1 below lists the processing facilities that source minerals from the DRC for which the Company has been able to confirm the information provided by our suppliers.

The efforts to determine the origin of conflict minerals are more fully described in the section entitled “Due Diligence Measures Undertaken.”

2023 results

The graphs bellow show the number of SORs in our supply chain that have participated industry recognized audit program – RMAP – (Conformant), committed to undergo RMAP assessment (Active) and are not participating RMAP audit program or cross-recognized LMBS or RJC audit protocol (Not Active).

 

LOGO LOGO

 

LOGO LOGO

  6.

Country of Origin of the 3TGs in the Company’s Products

The lists bellow show the Countries of Origin of the 3TGs the Company’s Products contain by minerals. The Company also sources from recycled/scrap.

 

COUNTRIES OF ORIGIN - TIN

Åland Islands    Egypt    Luxembourg    Sierra Leone
Andorra    Eritrea    Madagascar    Singapore
Angola*    Estonia    Malaysia    Slovakia
Argentina    Ethiopia    Mali    South Africa
Armenia    France    Malaysia    South Sudan*
Australia    Gejiu    Mexico    Spain
Austria    Germany    Mongolia    Sudan
Belgium    Ghana    Morocco    Suriname
Benin    Guinea    Mozambique    Sweden
Bermuda    Guyana    Myanmar    Switzerland
Bolivia    Hong Kong    Namibia    Taiwan
Brazil    Hungary    Nei Mongol    Tanzania*
Burundi*    India    Netherlands    Thailand
Cambodia    Indonesia    Niger    Turkey
Canada    Ireland    Nigeria    Uganda*
Central African Republic*    Israel    Panama    United Kingdom
Chile    Ivory Coast    Papua New Guinea    United States of America
China    Japan    Peru    Uzbekistan
Colombia    Jersey    Philippines    Vietnam
Congo*    Kazakhstan    Poland    Zambia*
Czech Republic    Kenya    Portugal    Zimbabwe
Djibouti    Korea    Russian Federation    Recycled/Scrap
DRC*    Kyrgyzstan    Rwanda*   
Ecuador    Laos    Saudi Arabia   

* = DRC Region countries

 

COUNTRIES OF ORIGIN—TANTALUM

Angola*    Estonia    Malaysia    Slovenia
Argentina    Ethiopia    Mali    South Africa
Australia    France    Mauritania    South Sudan*
Austria    Germany    Mexico    Spain
Belarus    Ghana    Mongolia    Sudan
Belgium    Guinea    Mozambique    Suriname
Benin    Guyana    Myanmar    Switzerland
Bolivia    Hong Kong    Namibia    Taiwan
Brazil    Hungary    Netherlands    Tanzania*
Burundi*    India    Nicaragua    Thailand
Cambodia    Indonesia    Niger    Togo
Canada    Ireland    Nigeria    Turkey
Central African Republic*    Israel    Panama    Uganda*
Chile    Italy    Papua New Guinea    United Arab Emirates
China    Ivory Coast    Peru    United Kingdom
Colombia    Japan    Philippines    United States of America
Congo*    Jersey    Poland    Uzbekistan
Czech Republic    Kazakhstan    Portugal    Vietnam
Djibouti    Kenya    Russian Federation    Zambia*
DRC*    Korea    Rwanda*    Zimbabwe
Ecuador    Kyrgyzstan    Saudi Arabia    Recycled/Scrap
Egypt    Laos    Sierra Leone   
El Salvador    Luxembourg    Singapore   
Eritrea    Madagascar    Slovakia   

* = DRC Region countries

COUNTRIES OF ORIGIN - TUNGSTEN

American Samoa    El Salvador    Liberia    Samoa
Angola*    Eritrea    Libya    San Marino
Argentina    Estonia    Liechtenstein    Saudi Arabia
Armenia    Ethiopia    Lithuania    Senegal
Australia    Fiji    Luxembourg    Serbia
Austria    Finland    Madagascar    Sierra Leone
Azerbaijan    France    Malaysia    Singapore
Bahamas    Gabon    Mali    Slovakia
Barbados    Gambia    Malta    Slovenia
Belarus    Georgia    Mauritania    Solomon Islands
Belgium    Germany    Mauritius    South Africa
Benin    Ghana    Mexico    South Sudan*
Bolivia    Greece    Mongolia    Spain
Bosnia and Herzegovina    Guatemala    Morocco    Sudan
Botswana    Guinea    Mozambique    Suriname
Brazil    Guyana    Myanmar    Sweden
Bulgaria    Honduras    Namibia    Switzerland
Burkina Faso    Hong Kong    Netherlands    Taiwan
Burundi*    Hungary    New Caledonia    Tajikistan
Cambodia    Iceland    New Zealand    Tanzania*
Cameroon    India    Nicaragua    Thailand
Canada    Indonesia    Niger    Togo
Central African Republic*    Ireland    Nigeria    Trinidad and Tobago
Chile    Israel    Norway    Tunisia
China    Italy    Oman    Turkey
Colombia    Ivory Coast    Pakistan    Uganda*
Congo*    Japan    Panama    United Arab Emirates
Croatia    Jersey    Papua New Guinea    United Kingdom
Cyprus    Jordan    Peru    United States of America
Czech Republic    Kazakhstan    Philippines    Uruguay
Denmark    Korea    Poland    Uzbekistan
Djibouti    Kuwait    Portugal    Vietnam
Dominican Republic    Kyrgyzstan    Puerto Rico    Yemen
DRC*    Laos    Romania    Zambia*
Ecuador    Latvia    Russian Federation    Zimbabwe
Egypt    Lebanon    Rwanda*    Recycled/Scrap

* = DRC Region countries

COUNTRIES OF ORIGIN - GOLD

Afghanistan    Czechia    Korea    Russian Federation
Åland Islands    Czech Republic    Kyrgyzstan    Rwanda*
Albania    Djibouti    Laos    Samoa
American Samoa    Dominican Republic    Liberia    Saudi Arabia
Andorra    DRC*    Liechtenstein    Senegal
Angola*    Ecuador    Lithuania    Serbia
Argentina    Egypt    Luxembourg    Sierra Leone
Armenia    Eritrea    Madagascar    Singapore
Aruba    Estonia    Malaysia    Slovakia
Australia    Ethiopia    Mali    Solomon Islands
Austria    Fiji    Mauritania    South Africa
Azerbaijan    Finland    Mexico    South Sudan*
Bahamas    France    Mining    Spain
Barbados    Georgia    Mongolia    Sudan
Belarus    Germany    Morocco    Suriname
Belgium    Ghana    Mozambique    Sweden
Benin    Guatemala    Myanmar    Switzerland
Bermuda    Guinea    Namibia    Taiwan
Bolivia    Guyana    Netherlands    Tajikistan
Botswana    Honduras    New Zealand    Tanzania*
Brazil    Hong Kong    Nicaragua    Thailand
Bulgaria    Hungary    Niger    Turkey
Burkina Faso    India    Nigeria    Uganda*
Burundi*    Indonesia    Norway    United States of America
Cambodia    Ireland    Oman    United Arab Emirates
Canada    Israel    Panama    United Kingdom
Central African Republic*    Italy    Papua New Guinea    Uruguay
Chile    Ivory Coast    Peru    Uzbekistan
China    Japan    Philippines    Vietnam
Colombia    Jersey    Poland    Zambia*
Congo*    Kazakhstan    Portugal    Zimbabwe
Cyprus    Kenya    Republic of Korea    Recycled/Scrap

* = DRC Region countries

  7.

Risk Mitigation

With respect to those products the Company manufactures or contracts to be manufactured for sale that contain necessary conflict minerals, the Company plans to undertake the following steps to mitigate the risk that our necessary conflict minerals could unintentionally benefit armed groups:

 

  •  

continue to consolidate the supplier base to fewer suppliers, aiming to decrease the number of suppliers who pose a high risk of using conflict minerals or are located in high-risk regions;

 

  •  

include Conflict Minerals in the supplier overall assessment conducted by Supplier Performance Management teams, in addition to human rights and sustainability considerations, and proactively engage suppliers to prevent and mitigate risks;

 

  •  

improve processes to identify the presence of necessary conflict minerals in products we manufacture or contract to be manufactured and offer for sale by:

 

  •  

continuing communication with suppliers and internal stakeholders and spreading best practices learned during the execution of the 3TG due diligence process in 2023 and continuing to raise overall awareness within our supply chain;

 

  •  

continuing the identification of and communication with smelters and refiners in Baker Hughes’ supply chain, both directly and indirectly through Backer Hughes’ relevant suppliers, in order to continue to encourage the smelters and refiners to participate in RMI’s RMAP;

 

  •  

continuing to participate in industry initiatives encouraging responsible supply chains; and

 

  •  

as new relevant suppliers are added to the Baker Hughes’ supply chain, working with these suppliers to help ensure that they understand our compliance requirements, the requirements of the Conflict Minerals Rule and the OECD Guidance;

 

  •  

continue to assess the presence of necessary conflict minerals in our relevant supply chain;

 

  •  

continue to perform due diligence on the necessary conflict minerals supplied to us to determine their origin;

 

  •  

continue to clearly communicate to suppliers our expectations with regard to compliance with the Company’s stated policies, performance, transparency and responsible sourcing practices;

 

  •  

engage with suppliers identified as sourcing from high-risk SORs, including those not enrolled in or compliant with a verification program, to encourage them to source from conflict-free SORs or mines and obtain from their applicable SORs or mines conflict-free designations from recognized certification programs;

 

  •  

continue to engage with suppliers that did not respond to our request for conflict minerals information for the reporting period 2023, ultimately seeking to engage as many of those suppliers as possible during the reporting year 2024 engage with all high cumulative risk suppliers to further their understanding of their risk level and the future implications their risk level could have under the Company’s conflict minerals program and request that:

 

  •  

suppliers potentially sourcing from high-risk and non-conflict-free SORs verify actual relevant mineral sources;

 

  •  

suppliers actually sourcing from high-risk and non-conflict-free SORs work toward sourcing from alternative sources;

 

  •  

suppliers with weak conflict minerals programs utilize and review the provided information, education and training to strengthen their programs; and

 

  •  

suppliers failing to respond to multiple past conflict minerals information requests prioritize understanding of and compliance with our due diligence program requirements;

 

  •  

conduct analysis and verification of origin information provided by our suppliers;

 

  •  

monitor the activities, initiatives and programs of DRC regional governments and agencies, international bodies, and non-governmental organizations that are aimed at minimizing or eliminating the benefit to relevant armed groups derived from conflict minerals, and, where practicable, to support or implement those activities, initiatives or programs; and

 

  •  

seek, where practicable, alternative suppliers that responsibly source necessary conflict minerals, which may include sources within the conflict area that do not benefit armed groups.

Products Description

The Company’s products covered by this Report that are considered to contain necessary conflict minerals include the following:

Oilfield Services and Equipment:

 

  •  

Well Construction: drilling and includes drilling services (directional drilling, logging-while-drilling, surface logging, and remote operations), drill bits (polycrystalline, roller cone, hybrid, and in-bit sensing), and drilling & completions fluids (emulsion-based fluids, water-based fluids, specialty fluids, drill-in fluids, waste management, and completion fluids).

 

  •  

Completions, Interventions, and Measurement: completions (wellbore construction, upper and lower completions, unconventional multistage completions, intelligent production systems, workover systems, and fishing and through-tubing services), pressure pumping (cementing, production enhancement, and coiled tubing and tubular running services), and wireline services (open-hole logging services, cased-hole logging services, and perforating and drill stem-testing services).

 

  •  

Production Solutions: artificial lift systems (electrical submersible pumping systems, surface pumping systems, rig less deployment systems, and sensors and gauges) and oilfield & industrial chemicals (upstream chemicals, downstream chemicals, and Aquaness wholesale chemicals).

 

  •  

Subsea & Surface Pressure Systems: subsea projects and services (subsea trees, controls, manifolds, wellheads, premium casing connectors, installation and commissioning, repairs, and maintenance, well intervention, life-of-field solutions, and plug and abandonment), flexible pipe systems (subsea risers, subsea flowlines and jumpers, onshore reinforced thermoplastic pipe, and rehabilitation), and surface pressure control systems (surface trees and wellheads).– includes blowout preventers; control systems; marine drilling risers; wellhead connectors; diverters; control systems; manifolds; connections; wellheads; specialty connectors & pipes; advanced flexible pipe products including risers, flowlines, and fluid transfer lines and jumpers; flow equipment; valves; and actuators used for deepwater drilling, subsea production systems (SPS), flexible pipe systems, and onshore wellheads.

 

  •  

Turbomachinery & Process Solutions: Gas Turbines, Steam Turbines, Centrifugal and Axial Compressors, Reciprocating Compressors, Generators, Synchronous Condensers and Motors, Gearboxes and Gear Couplings, Expanders and Air Cooled Heat Exchangers, Centrifugal Pumps, and Valves.

 

  •  

Measuring, Testing and Controls: Downhole Sensors, Flame Detector, Flare Management Systems, Flow Meters, Industrial Asset Inspection Equipment, Industrial Radiography and Computerized Tomography Equipment, Monitoring Systems, Nuclear Measurement Equipment, Pressure Sensors, Process Analyzers, Remote Monitoring and Diagnostics Equipment, Remote Visual Inspection Equipment, Robotic Inspection Equipment, Roller Bearing Monitoring Equipment, Sensors, System Condition Monitoring Equipment, and Test and Calibration Instruments.

Schedule 1

Smelters or Refiners with Identified Mineral Sources

The information in this Schedule is solely an aggregation of data provided by verified SORs identified by the Company’s suppliers. This is not a confirmation of conflict minerals actually contained in the Company’s products. Additionally, since this aggregation depends on self-identification by SORs, the following lists are not a confirmation or verification of every country of origin.

 

Smelter ID

   

Smelter Name

   

Metal

   

Conflict
Free?*

   

Smelter Facility Location

   

Source from DRC?

CID000004

    A.L.M.T. Corp.    Tungsten    Yes    Japan    Yes

CID000015

    Advanced Chemical Company    Gold    Yes    United States Of America    No

CID000019

    Aida Chemical Industries Co., Ltd.    Gold    Yes    Japan    No

CID000035

    Agosi AG    Gold    Yes    Germany    No

CID000041

    Almalyk Mining and Metallurgical Complex (AMMC)    Gold    Yes    Uzbekistan    Yes

CID000058

    AngloGold Ashanti Corrego do Sitio Mineracao    Gold    Yes    Brazil    Yes

CID000077

    Argor-Heraeus S.A.    Gold    Yes    Switzerland    No

CID000082

    Asahi Pretec Corp.    Gold    Yes    Japan    No

CID000090

    Asaka Riken Co., Ltd.    Gold    Yes    Japan    No

CID000103

    Atasay Kuyumculuk Sanayi Ve Ticaret A.S.    Gold    No    Turkey    No

CID000105

    Kennametal Huntsville    Tungsten    Yes    United States Of America    No

CID000113

    Aurubis AG    Gold    Yes    Germany    No

CID000128

    Bangko Sentral ng Pilipinas (Central Bank of the Philippines)    Gold    Yes    Philippines    No

CID000157

    Boliden AB    Gold    Yes    Sweden    No

CID000176

    C. Hafner GmbH + Co. KG    Gold    Yes    Germany    No

CID000180

    Caridad    Gold    No    Mexico    No

CID000185

    CCR Refinery—Glencore Canada Corporation    Gold    Yes    Canada    Yes

CID000189

    Cendres + Metaux S.A.    Gold    No    Switzerland    No

CID000197

    Yunnan Copper Industry Co., Ltd.**    Gold    No    China    Yes

CID000218

    Guangdong Xianglu Tungsten Co., Ltd.    Tungsten    Yes    China    No

CID000228

    Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.    Tin    Yes    China    No

CID000233

    Chimet S.p.A.    Gold    Yes    Italy    No

CID000258

    Chongyi Zhangyuan Tungsten Co., Ltd.    Tungsten    Yes    China    Yes

CID000264

    Chugai Mining    Gold    Yes    Japan    No

CID000281

    CNMC (Guangxi) PGMA Co., Ltd.    Tungsten    No    China    No

CID000291

    Guangdong Rising Rare Metals-EO Materials Ltd.    Tantalum    Yes    China    No

CID000292

    Alpha    Tin    Yes    United States Of America    No

CID000309

    PT Aries Kencana Sejahtera    Tin    Yes    Indonesia    No

CID000313

    PT Premium Tin Indonesia    Tin    Yes    Indonesia    No

Smelter ID

   

Smelter Name

   

Metal

   

Conflict
Free?*

   

Smelter Facility Location

   

Source from DRC?

CID000343

    Daye Non-Ferrous Metals Mining Ltd.    Gold    No    China    No

CID000359

    DSC (Do Sung Corporation)    Gold    Yes    Korea, Republic Of    No

CID000401

    Dowa    Gold    Yes    Japan    No

CID000402

    Dowa    Tin    Yes    Japan    No

CID000425

    Eco-System Recycling Co., Ltd. East Plant    Gold    Yes    Japan    No

CID000438

    EM Vinto    Tin    Yes    Bolivia (Plurinational State Of)    No

CID000448

    Estanho de Rondonia S.A.    Tin    Yes    Brazil    No

CID000460

    F&X Electro-Materials Ltd.    Tantalum    Yes    China    Yes

CID000468

    Fenix Metals    Tin    Yes    Poland    No

CID000493

    JSC Novosibirsk Refinery**    Gold    No    Russian Federation    No

CID000522

    Refinery of Seemine Gold Co., Ltd.    Gold    No    China    No

CID000538

    Gejiu Non-Ferrous Metal Processing Co., Ltd.    Tin    Yes    China    No

CID000555

    Gejiu Zili Mining And Metallurgy Co., Ltd.**    Tin    No    China    Yes

CID000568

    Global Tungsten & Powders LLC    Tungsten    Yes    United States Of America    Yes

CID000616

    XIMEI RESOURCES (GUANGDONG) LIMITED    Tantalum    Yes    China    Yes

CID000651

    Guoda Safina High-Tech Environmental Refinery Co., Ltd.    Gold    No    China    No

CID000671

    Hangzhou Fuchunjiang Smelting Co., Ltd.    Gold    No    China    No

CID000689

    LT Metal Ltd.    Gold    Yes    Korea, Republic Of    No

CID000694

    Heimerle + Meule GmbH    Gold    Yes    Germany    Yes

CID000707

    Heraeus Metals Hong Kong Ltd.    Gold    Yes    China    No

CID000711

    Heraeus Germany GmbH Co. KG    Gold    Yes    Germany    No

CID000766

    Hunan Chenzhou Mining Co., Ltd.    Tungsten    Yes    China    No

CID000767

    Hunan Chenzhou Mining Co., Ltd.    Gold    No    China    No

CID000769

    Hunan Jintai New Material Co., Ltd.**    Tungsten    No    China    No

CID000773

    Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd.    Gold    No    China    Yes

CID000778

    HwaSeong CJ CO., LTD.    Gold    No    Korea, Republic Of    No

CID000801

    Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.    Gold    Yes    China    No

CID000807

    Ishifuku Metal Industry Co., Ltd.    Gold    Yes    Japan    No

CID000814

    Istanbul Gold Refinery    Gold    Yes    Turkey    Yes

CID000823

    Japan Mint    Gold    Yes    Japan    No

CID000825

    Japan New Metals Co., Ltd.    Tungsten    Yes    Japan    No

CID000855

    Jiangxi Copper Co., Ltd.    Gold    Yes    China    No

CID000914

    JiuJiang JinXin Nonferrous Metals Co., Ltd.    Tantalum    Yes    China    Yes

CID000917

    Jiujiang Tanbre Co., Ltd.    Tantalum    Yes    China    Yes

CID000920

    Asahi Refining USA Inc.    Gold    Yes    United States Of America    Yes

Smelter ID

   

Smelter Name

   

Metal

   

Conflict
Free?*

   

Smelter Facility Location

   

Source from DRC?

CID000924

    Asahi Refining Canada Ltd.    Gold    Yes    Canada    No

CID000927

    JSC Ekaterinburg Non-Ferrous Metal Processing Plant**    Gold    No    Russian Federation    No

CID000929

    JSC Uralelectromed**    Gold    No    Russian Federation    No

CID000937

    JX Nippon Mining & Metals Co., Ltd.    Gold    Yes    Japan    No

CID000942

    Gejiu Kai Meng Industry and Trade LLC**    Tin    No    China    No

CID000956

    Kazakhmys Smelting LLC    Gold    No    Kazakhstan    No

CID000957

    Kazzinc    Gold    Yes    Kazakhstan    No

CID000966

    Kennametal Fallon    Tungsten    Yes    United States Of America    Yes

CID000969

    Kennecott Utah Copper LLC    Gold    Yes    United States Of America    No

CID000981

    Kojima Chemicals Co., Ltd.    Gold    Yes    Japan    No

CID001029

    Kyrgyzaltyn JSC    Gold    No    Kyrgyzstan    No

CID001032

    L’azurde Company For Jewelry    Gold    No    Saudi Arabia    No

CID001056

    Lingbao Gold Co., Ltd.**    Gold    No    China    No

CID001058

    Lingbao Jinyuan Tonghui Refinery Co., Ltd.    Gold    No    China    No

CID001070

    China Tin Group Co., Ltd.    Tin    Yes    China    No

CID001076

    AMG Brasil    Tantalum    Yes    Brazil    Yes

CID001078

    LS-NIKKO Copper Inc.    Gold    Yes    Korea, Republic Of    No

CID001093

    Luoyang Zijin Yinhui Gold Refinery Co., Ltd.    Gold    No    China    No

CID001105

    Malaysia Smelting Corporation (MSC)    Tin    Yes    Malaysia    Yes

CID001113

    Materion    Gold    Yes    United States Of America    No

CID001119

    Matsuda Sangyo Co., Ltd.    Gold    Yes    Japan    No

CID001142

    Metallic Resources, Inc.    Tin    Yes    United States Of America    No

CID001147

    Metalor Technologies (Suzhou) Ltd.    Gold    Yes    China    No

CID001149

    Metalor Technologies (Hong Kong) Ltd.    Gold    Yes    China    Yes

CID001152

    Metalor Technologies (Singapore) Pte., Ltd.    Gold    Yes    Singapore    No

CID001153

    Metalor Technologies S.A.    Gold    Yes    Switzerland    Yes

CID001157

    Metalor USA Refining Corporation    Gold    Yes    United States Of America    No

CID001161

    Metalurgica Met-Mex Penoles S.A. De C.V.    Gold    Yes    Mexico    No

CID001163

    Metallurgical Products India Pvt., Ltd.    Tantalum    Yes    India    No

CID001173

    Mineracao Taboca S.A.    Tin    Yes    Brazil    No

CID001175

    Mineracao Taboca S.A.    Tantalum    Yes    Brazil    Yes

CID001182

    Minsur    Tin    Yes    Peru    No

CID001188

    Mitsubishi Materials Corporation    Gold    Yes    Japan    Yes

CID001191

    Mitsubishi Materials Corporation    Tin    Yes    Japan    No

CID001192

    Mitsui Mining and Smelting Co., Ltd.    Tantalum    Yes    Japan    Yes

Smelter ID

   

Smelter Name

   

Metal

   

Conflict
Free?*

   

Smelter Facility Location

   

Source
from DRC?

CID001193    Mitsui Mining and Smelting Co., Ltd.    Gold    Yes    Japan    No
CID001200    NPM Silmet AS    Tantalum    Yes    Estonia    No
CID001204    Moscow Special Alloys Processing Plant**    Gold    No    Russian Federation    No
CID001220    Nadir Metal Rafineri San. Ve Tic. A.S.    Gold    Yes    Turkey    No
CID001231    Jiangxi New Nanshan Technology Ltd.    Tin    Yes    China    No
CID001236    Navoi Mining and Metallurgical Combinat    Gold    Yes    Uzbekistan    No
CID001259    Nihon Material Co., Ltd.    Gold    Yes    Japan    Yes
CID001277    Ningxia Orient Tantalum Industry Co., Ltd.    Tantalum    Yes    China    Yes
CID001305    Novosibirsk Tin Combine**    Tin    No    Russian Federation    No
CID001314    O.M. Manufacturing (Thailand) Co., Ltd.    Tin    Yes    Thailand    No
CID001325    Ohura Precious Metal Industry Co., Ltd.    Gold    Yes    Japan    No
CID001326    OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet)**    Gold    No    Russian Federation    Yes
CID001337    Operaciones Metalurgicas S.A.    Tin    Yes    Bolivia (Plurinational State Of)    No
CID001352    MKS PAMP SA    Gold    Yes    Switzerland    Yes
CID001362    Penglai Penggang Gold Industry Co., Ltd.    Gold    No    China    No
CID001386    Prioksky Plant of Non-Ferrous Metals**    Gold    No    Russian Federation    No
CID001397    PT Aneka Tambang (Persero) Tbk    Gold    Yes    Indonesia    No
CID001399    PT Artha Cipta Langgeng    Tin    Yes    Indonesia    No
CID001402    PT Babel Inti Perkasa    Tin    Yes    Indonesia    No
CID001406    PT Babel Surya Alam Lestari    Tin    Yes    Indonesia    No
CID001419    PT Bangka Tin Industry    Tin    Yes    Indonesia    Unknown
CID001421    PT Belitung Industri Sejahtera    Tin    Yes    Indonesia    No
CID001428    PT Bukit Timah    Tin    Yes    Indonesia    No
CID001453    PT Mitra Stania Prima    Tin    Yes    Indonesia    No
CID001457    PT Panca Mega Persada**    Tin    No    Indonesia    No
CID001458    PT Prima Timah Utama    Tin    Yes    Indonesia    No
CID001460    PT Refined Bangka Tin    Tin    Yes    Indonesia    No
CID001463    PT Sariwiguna Binasentosa    Tin    Yes    Indonesia    No
CID001468    PT Stanindo Inti Perkasa    Tin    Yes    Indonesia    No
CID001477    PT Timah Tbk Kundur    Tin    Yes    Indonesia    No
CID001482    PT Timah Tbk Mentok    Tin    Yes    Indonesia    No
CID001486    PT Timah Nusantara    Tin    Yes    Indonesia    Yes
CID001490    PT Tinindo Inter Nusa    Tin    Yes    Indonesia    Yes
CID001493    PT Tommy Utama    Tin    Yes    Indonesia    No
CID001498    PX Precinox S.A.    Gold    Yes    Switzerland    No

              

Smelter ID

   

Smelter Name

   

Metal

   

Conflict
Free?*

   

Smelter Facility Location

   

Source
from DRC?

CID001508    QuantumClean    Tantalum    Yes    United States Of America    Yes
CID001512    Rand Refinery (Pty) Ltd.    Gold    Yes    South Africa    Yes
CID001522    Yanling Jincheng Tantalum & Niobium Co., Ltd.    Tantalum    Yes    China    No
CID001534    Royal Canadian Mint    Gold    Yes    Canada    No
CID001539    Rui Da Hung    Tin    Yes    Taiwan, Province Of China    No
CID001546    Sabin Metal Corp.    Gold    No    United States Of America    No
CID001555    Samduck Precious Metals**    Gold    No    Korea, Republic Of    Yes
CID001562    Samwon Metals Corp.    Gold    No    Korea, Republic Of    No
CID001585    SEMPSA Joyeria Plateria S.A.    Gold    Yes    Spain    No
CID001619    Shandong Tiancheng Biological Gold Industrial Co., Ltd.    Gold    No    China    No
CID001622    Shandong Zhaojin Gold & Silver Refinery Co., Ltd.    Gold    Yes    China    No
CID001736    Sichuan Tianze Precious Metals Co., Ltd.    Gold    Yes    China    No
CID001756    SOE Shyolkovsky Factory of Secondary Precious Metals**    Gold    No    Russian Federation    No
CID001761    Solar Applied Materials Technology Corp.    Gold    Yes    Taiwan, Province Of China    No
CID001769    Solikamsk Magnesium Works OAO**    Tantalum    No    Russian Federation    Yes
CID001798    Sumitomo Metal Mining Co., Ltd.    Gold    Yes    Japan    No
CID001810    Super Dragon Technology Co., Ltd.    Gold    No    Taiwan, Province Of China    No
CID001869    Taki Chemical Co., Ltd.    Tantalum    Yes    Japan    No
CID001875    Tanaka Kikinzoku Kogyo K.K.    Gold    Yes    Japan    No
CID001891    Telex Metals    Tantalum    Yes    United States Of America    Yes
CID001898    Thaisarco    Tin    Yes    Thailand    Yes
CID001908    Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.    Tin    No    China    No
CID001909    Great Wall Precious Metals Co., Ltd. of CBPM    Gold    No    China    No
CID001916    Shandong Gold Smelting Co., Ltd.    Gold    Yes    China    Yes
CID001938    Tokuriki Honten Co., Ltd.    Gold    Yes    Japan    No
CID001947    Tongling Nonferrous Metals Group Co., Ltd.    Gold    No    China    No
CID001955    Torecom    Gold    Yes    Korea, Republic Of    No
CID001969    Ulba Metallurgical Plant JSC    Tantalum    Yes    Kazakhstan    Yes
CID001980    Umicore S.A. Business Unit Precious Metals Refining    Gold    Yes    Belgium    No
CID001993    United Precious Metal Refining, Inc.    Gold    Yes    United States Of America    No
CID002003    Valcambi S.A.    Gold    Yes    Switzerland    Yes
CID002015    VQB Mineral and Trading Group JSC**    Tin    No    Viet Nam    Yes
CID002030    Western Australian Mint (T/a The Perth Mint)    Gold    Yes    Australia    No

Smelter ID

   

Smelter Name

   

Metal

   

Conflict
Free?*

   

Smelter Facility Location

   

Source
from DRC?

CID002036    White Solder Metalurgia e Mineracao Ltda.    Tin    Yes    Brazil    No
CID002044    Wolfram Bergbau und Hutten AG    Tungsten    Yes    Austria    Yes
CID002082    Xiamen Tungsten Co., Ltd.    Tungsten    Yes    China    Yes
CID002100    Yamakin Co., Ltd.    Gold    Yes    Japan    No
CID002129    Yokohama Metal Co., Ltd.    Gold    Yes    Japan    Yes
CID002158    Yunnan Chengfeng Non-ferrous Metals Co., Ltd.    Tin    Yes    China    No
CID002180    Tin Smelting Branch of Yunnan Tin Co., Ltd.    Tin    Yes    China    No
CID002224    Zhongyuan Gold Smelter of Zhongjin Gold Corporation    Gold    Yes    China    No
CID002243    Gold Refinery of Zijin Mining Group Co., Ltd.    Gold    Yes    China    No
CID002282    Morris and Watson    Gold    No    New Zealand    No
CID002290    SAFINA A.S.    Gold    Yes    Czechia    No
CID002312    Guangdong Jinding Gold Limited    Gold    No    China    No
CID002313    Jiangxi Minmetals Gao’an Non-ferrous Metals Co., Ltd.    Tungsten    No    China    No
CID002314    Umicore Precious Metals Thailand**    Gold    No    Thailand    No
CID002315    Ganzhou Jiangwu Ferrotungsten Co., Ltd.    Tungsten    Yes    China    Yes
CID002316    Jiangxi Yaosheng Tungsten Co., Ltd.    Tungsten    Yes    China    No
CID002317    Jiangxi Xinsheng Tungsten Industry Co., Ltd.    Tungsten    Yes    China    Yes
CID002318    Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.    Tungsten    Yes    China    No
CID002319    Malipo Haiyu Tungsten Co., Ltd.    Tungsten    Yes    China    No
CID002320    Xiamen Tungsten (H.C.) Co., Ltd.    Tungsten    Yes    China    Yes
CID002321    Jiangxi Gan Bei Tungsten Co., Ltd.    Tungsten    Yes    China    No
CID002455    CV Venus Inti Perkasa    Tin    Yes    Indonesia    No
CID002468    Magnu’s Minerais Metais e Ligas Ltda.    Tin    Yes    Brazil    No
CID002478    PT Tirus Putra Mandiri    Tin    No    Indonesia    No
CID002492    Hengyang King Xing Lifeng New Materials Co., Ltd.    Tantalum    Yes    China    No
CID002494    Ganzhou Seadragon W & Mo Co., Ltd.    Tungsten    Yes    China    No
CID002500    Melt Metais e Ligas S.A.    Tin    No    Brazil    No
CID002502    Asia Tungsten Products Vietnam Ltd.    Tungsten    Yes    Viet Nam    Yes
CID002503    PT ATD Makmur Mandiri Jaya    Tin    Yes    Indonesia    No
CID002504    D Block Metals, LLC    Tantalum    Yes    United States Of America    No
CID002505    FIR Metals & Resource Ltd.    Tantalum    Yes    China    No
CID002506    Jiujiang Zhongao Tantalum & Niobium Co., Ltd.    Tantalum    Yes    China    No

Smelter ID

   

Smelter Name

   

Metal

   

Conflict
Free?*

   

Smelter Facility Location

   

Source
from DRC?

CID002508    XinXing HaoRong Electronic Material Co., Ltd.    Tantalum    Yes    China    No
CID002509    MMTC-PAMP India Pvt., Ltd.    Gold    Yes    India    Yes
CID002511    KGHM Polska Miedz Spolka Akcyjna    Gold    Yes    Poland    No
CID002512    Jiangxi Dinghai Tantalum & Niobium Co., Ltd.    Tantalum    Yes    China    No
CID002513    Hunan Shizhuyuan Nonferrous Metals Co., Ltd. Chenzhou Tungsten Products Branch    Tungsten    Yes    China    No
CID002515    Fidelity Printers and Refiners Ltd.**    Gold    No    Zimbabwe    Yes
CID002516    Singway Technology Co., Ltd.**    Gold    No    Taiwan, Province Of China    No
CID002517    O.M. Manufacturing Philippines, Inc.    Tin    Yes    Philippines    No
CID002525    Shandong Humon Smelting Co., Ltd.    Gold    No    China    No
CID002527    Shenzhen Zhonghenglong Real Industry Co., Ltd.    Gold    No    China    No
CID002539    KEMET de Mexico    Tantalum    Yes    Mexico    Yes
CID002541    H.C. Starck Tungsten GmbH    Tungsten    Yes    Germany    Yes
CID002542    TANIOBIS Smelting GmbH & Co. KG    Tungsten    Yes    Germany    Yes
CID002543    Masan High-Tech Materials    Tungsten    Yes    Viet Nam    No
CID002544    TANIOBIS Co., Ltd.    Tantalum    Yes    Thailand    Yes
CID002545    TANIOBIS GmbH    Tantalum    Yes    Germany    Yes
CID002548    Materion Newton Inc.    Tantalum    Yes    United States Of America    Yes
CID002549    TANIOBIS Japan Co., Ltd.    Tantalum    Yes    Japan    Yes
CID002550    TANIOBIS Smelting GmbH & Co. KG    Tantalum    Yes    Germany    Yes
CID002551    Jiangwu H.C. Starck Tungsten Products Co., Ltd.    Tungsten    Yes    China    Yes
CID002557    Global Advanced Metals Boyertown    Tantalum    Yes    United States Of America    Yes
CID002558    Global Advanced Metals Aizu    Tantalum    Yes    Japan    Yes
CID002560    Al Etihad Gold Refinery DMCC    Gold    No    United Arab Emirates    No
CID002561    Emirates Gold DMCC**    Gold    No    United Arab Emirates    Yes
CID002562    International Precious Metal Refiners    Gold    No    United Arab Emirates    No
CID002563    Kaloti Precious Metals**    Gold    No    United Arab Emirates    No
CID002567    Sudan Gold Refinery**    Gold    No    Sudan    Yes
CID002570    CV Ayi Jaya    Tin    Yes    Indonesia    No
CID002572    Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company    Tin    No    Viet Nam    No
CID002573    Nghe Tinh Non-Ferrous Metals Joint Stock Company    Tin    No    Viet Nam    Yes
CID002574    Tuyen Quang Non-Ferrous Metals Joint Stock Company    Tin    No    Viet Nam    No

Smelter ID

   

Smelter Name

   

Metal

   

Conflict
Free?*

   

Smelter Facility Location

   

Source
from DRC?

CID002580    T.C.A S.p.A    Gold    Yes    Italy    No
CID002582    REMONDIS PMR B.V.    Gold    Yes    Netherlands    No
CID002584    Fujairah Gold FZC    Gold    No    United Arab Emirates    No
CID002587    Industrial Refining Company**    Gold    No    Belgium    No
CID002588    Shirpur Gold Refinery Ltd.    Gold    No    India    No
CID002589    Niagara Refining LLC    Tungsten    Yes    United States Of America    No
CID002593    PT Rajehan Ariq    Tin    Yes    Indonesia    No
CID002605    Korea Zinc Co., Ltd.    Gold    Yes    Korea, Republic Of    No
CID002606    Marsam Metals    Gold    No    Brazil    No
CID002615    TOO Tau-Ken-Altyn    Gold    Yes    Kazakhstan    No
CID002641    China Molybdenum Tungsten Co., Ltd.    Tungsten    Yes    China    No
CID002649    Hydrometallurg, JSC**    Tungsten    No    Russian Federation    Yes
CID002696    PT Cipta Persada Mulia    Tin    Yes    Indonesia    No
CID002703    An Vinh Joint Stock Mineral Processing Company    Tin    No    Viet Nam    No
CID002706    Resind Industria e Comercio Ltda.    Tin    Yes    Brazil    No
CID002707    Resind Industria e Comercio Ltda.    Tantalum    Yes    Brazil    No
CID002708    Abington Reldan Metals, LLC    Gold    Yes    United States Of America    No
CID002724    Unecha Refractory metals plant**    Tungsten    No    Russian Federation    No
CID002750    Shenzhen CuiLu Gold Co., Ltd.    Gold    No    China    Unknown
CID002756    Super Ligas    Tin    Yes    Brazil    Yes
CID002760    Albino Mountinho Lda.    Gold    No    Portugal    Unknown
CID002761    SAAMP    Gold    No    France    No
CID002762    L’Orfebre S.A.    Gold    Yes    Andorra    Yes
CID002763    8853 S.p.A.    Gold    No    Italy    No
CID002765    Italpreziosi    Gold    Yes    Italy    No
CID002773    Aurubis Beerse    Tin    Yes    Belgium    Yes
CID002774    Aurubis Berango    Tin    Yes    Spain    No
CID002776    PT Bangka Prima Tin    Tin    Yes    Indonesia    No
CID002778    WIELAND Edelmetalle GmbH    Gold    Yes    Germany    No
CID002779    Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH    Gold    Yes    Austria    No
CID002816    PT Sukses Inti Makmur    Tin    Yes    Indonesia    No
CID002827    Philippine Chuangxin Industrial Co., Inc.    Tungsten    Yes    Philippines    No
CID002833    ACL Metais Eireli    Tungsten    No    Brazil    No
CID002835    PT Menara Cipta Mulia    Tin    Yes    Indonesia    No
CID002842    Jiangxi Tuohong New Raw Material    Tantalum    Yes    China    No
CID002844    HuiChang Hill Tin Industry Co., Ltd.    Tin    Yes    China    No
CID002845    Moliren Ltd.**    Tungsten    No    Russian Federation    No
CID002850    AU Traders and Refiners*    Gold    No    South Africa    Yes

Smelter ID

   

Smelter Name

   

Metal

   

Conflict
Free?*

   

Smelter Facility Location

   

Source
from DRC?

CID002852    GGC Gujrat Gold Centre Pvt. Ltd.**    Gold    No    India    No
CID002853    Sai Refinery    Gold    No    India    No
CID002857    Modeltech Sdn Bhd    Gold    No    Malaysia    No
CID002858    Modeltech Sdn Bhd    Tin    No    Malaysia    No
CID002863    Bangalore Refinery    Gold    Yes    India    No
CID002865    Kyshtym Copper-Electrolytic Plant ZAO**    Gold    No    Russian Federation    No
CID002867    Degussa Sonne / Mond Goldhandel GmbH    Gold    No    Germany    No
CID002872    Pease & Curren    Gold    No    United States Of America    No
CID002893    JALAN & Company    Gold    No    India    No
CID002918    SungEel HiMetal Co., Ltd.    Gold    Yes    Korea, Republic Of    No
CID002919    Planta Recuperadora de Metales SpA    Gold    Yes    Chile    No
CID002920    ABC Refinery Pty Ltd.    Gold    No    Australia    Unknown
CID002973    Safimet S.p.A    Gold    No    Italy    Yes
CID003116    Guangdong Hanhe Non-Ferrous Metal Co., Ltd.    Tin    Yes    China    No
CID003153    State Research Institute Center for Physical Sciences and Technology    Gold    No    Lithuania    Yes
CID003185    African Gold Refinery**    Gold    No    Uganda    Yes
CID003186    Gold Coast Refinery    Gold    No    Ghana    No
CID003189    NH Recytech Company    Gold    Yes    Korea, Republic Of    No
CID003190    Chifeng Dajingzi Tin Industry Co., Ltd.    Tin    Yes    China    No
CID003205    PT Bangka Serumpun    Tin    Yes    Indonesia    No
CID003208    Pongpipat Company Limited**    Tin    No    Myanmar    No
CID003324    QG Refining, LLC    Gold    No    United States Of America    Yes
CID003325    Tin Technology & Refining    Tin    Yes    United States Of America    No
CID003348    Dijllah Gold Refinery FZC    Gold    No    United Arab Emirates    No
CID003356    Dongguan CiEXPO Environmental Engineering Co., Ltd.    Tin    No    China    No
CID003379    Ma’anshan Weitai Tin Co., Ltd.    Tin    No    China    No
CID003381    PT Rajawali Rimba Perkasa    Tin    Yes    Indonesia    No
CID003382    CGR Metalloys Pvt Ltd.    Gold    No    India    No
CID003383    Sovereign Metals    Gold    No    India    Yes
CID003387    Luna Smelter, Ltd.    Tin    Yes    Rwanda    Yes
CID003397    Yunnan Yunfan Non-ferrous Metals Co., Ltd.    Tin    Yes    China    No
CID003407    Lianyou Metals Co., Ltd.    Tungsten    Yes    Taiwan, Province Of China    No
CID003408    JSC “Kirovgrad Hard Alloys Plant”**    Tungsten    No    Russian Federation    No
CID003409    Precious Minerals and Smelting Limited    Tin    Yes    India    No
CID003410    Gejiu City Fuxiang Industry and Trade Co., Ltd.    Tin    No    China    No

Smelter ID

   

Smelter Name

   

Metal

   

Conflict
Free?*

   

Smelter Facility Location

   

Source
from DRC?

CID003416    NPP Tyazhmetprom LLC**    Tungsten    No    Russian Federation    No
CID003417    Hubei Green Tungsten Co., Ltd.    Tungsten    Yes    China    No
CID003424    Eco-System Recycling Co., Ltd. North Plant    Gold    Yes    Japan    No
CID003425    Eco-System Recycling Co., Ltd. West Plant    Gold    Yes    Japan    No
CID003427    Albasteel Industria e Comercio de Ligas Para Fundicao Ltd.    Tungsten    No    Brazil    Yes
CID003449    PT Mitra Sukses Globalindo    Tin    Yes    Indonesia    No
CID003461    Augmont Enterprises Private Limited    Gold    No    India    No
CID003463    Kundan Care Products Ltd.    Gold    No    India    Yes
CID003468    Cronimet Brasil Ltda    Tungsten    Yes    Brazil    No
CID003486    CRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil Ltda    Tin    Yes    Brazil    No
CID003487    Emerald Jewel Industry India Limited (Unit 1)    Gold    No    India    Unknown
CID003488    Emerald Jewel Industry India Limited (Unit 2)    Gold    No    India    Unknown
CID003489    Emerald Jewel Industry India Limited (Unit 3)    Gold    No    India    Unknown
CID003490    Emerald Jewel Industry India Limited (Unit 4)    Gold    No    India    Unknown
CID003497    K.A. Rasmussen    Gold    No    Norway    Yes
CID003500    Alexy Metals    Gold    No    United States Of America    No
CID003524    CRM Synergies    Tin    Yes    Spain    No
CID003548    MD Overseas    Gold    No    India    No
CID003553    Artek LLC**    Tungsten    No    Russian Federation    No
CID003557    Metallix Refining Inc.    Gold    No    United States Of America    Unknown
CID003575    Metal Concentrators SA (Pty) Ltd.    Gold    Yes    South Africa    No
CID003582    Fabrica Auricchio Industria e Comercio Ltda.    Tin    Yes    Brazil    Unknown
CID003583    RFH Yancheng Jinye New Material Technology Co., Ltd.    Tantalum    Yes    China    Unknown
CID003609    Fujian Xinlu Tungsten Co., Ltd.    Tungsten    Yes    China    Unknown
CID003612    OOO “Technolom” 2**    Tungsten    No    Russian Federation    Unknown
CID003614    OOO “Technolom” 1**    Tungsten    No    Russian Federation    Unknown
CID003615    WEEEREFINING    Gold    Yes    France    Unknown
CID003641    Gold by Gold Colombia    Gold    Yes    Colombia    Unknown
CID003643    LLC Vostok**    Tungsten    No    Russian Federation    Unknown
CID003662    YUDU ANSHENG TUNGSTEN CO., LTD.    Tungsten    No    China    Unknown
CID003663    Dongwu Gold Group    Gold    No    China    Unknown
CID003666    Sam Precious Metals    Gold    No    United Arab Emirates    Unknown
CID003831    DS Myanmar    Tin    Yes    Myanmar    Unknown
CID003868    PT Putera Sarana Shakti (PT PSS)    Tin    Yes    Indonesia    Unknown
CID003926    5D Production OU    Tantalum    No    Estonia    Unknown

Smelter ID

   

Smelter Name

   

Metal

   

Conflict
Free?*

   

Smelter Facility Location

   

Source
from DRC?

CID003978    HANNAE FOR T Co., Ltd.    Tungsten    No    Korea, Republic Of    Unknown
CID003993    Tungsten Vietnam Joint Stock Company    Tungsten    Yes    Viet Nam    Unknown
CID004010    Coimpa Industrial LTDA    Gold    Yes    Brazil    Unknown
CID004034    Nam Viet Cromit Joint Stock Company    Tungsten    No    Viet Nam    Unknown
CID004054    PowerX Ltd.    Tantalum    Yes    Rwanda    Unknown
CID004056    MALAMET SMELTING SDN. BHD.    Tungsten    No    Malaysia    Unknown
CID004060    DONGKUK INDUSTRIES CO., LTD.    Tungsten    No    Korea, Republic Of    Unknown
CID004065    Mining Minerals Resources SARL    Tin    Yes    Congo, Democratic Republic Of The    Unknown
CID004397    Lianyou Resources Co., Ltd.    Tungsten    Yes    Taiwan, Province Of China    Unknown
CID004403    Takehara PVD Materials Plant / PVD Materials Division of MITSUI MINING & SMELTING CO., LTD.    Tin    Yes    Japan    Unknown
CID004430    Shinwon Tungsten (Fujian Shanghang) Co., Ltd.    Tungsten    Yes    China    Unknown
CID004434    Malaysia Smelting Corporation Berhad (Port Klang)    Tin    Yes    Malaysia    Unknown
CID004506    GG Refinery Ltd.    Gold    Yes    Tanzania, United Republic Of    Unknown
CID004604    Impala Refineries – Base Metals Refinery (BMR)    Gold    Yes    South Africa    Unknown
CID004610    Impala Rustenburg    Gold    Yes    South Africa    Unknown
CID004619    Kenee Mining Corporation Vietnam    Tungsten    Yes    Viet Nam    Unknown

 

*    =    SOR certified as conflict free by the Responsible Minerals Initiative or an equivalent independent third-party certification program during reporting period 2023.
**    =    SOR identified as posing a high risk of sourcing from mines benefiting armed groups engaged in conflict in the DRC Region during reporting period 2023.

 

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