Yunxin company Limited is the small and medium enterprise which is engaged in Tin smelting production. The company has a complete cassiterite smelting production process, such as fuming furnace, rotary kiln, electric furnace, electrolysis and mechanical crystallization machine vacuum furnace refining, comprehensive treatment and so on. Our raw materials are generally sourced from China with only a small portion of imports from Myanmar.
Section 1502 of the US Dodd-Frank Wall Street Reform and Consumer Protection Act effective on July 21st 2010 defines ‘Conflict Minerals’ as including ‘cassiterite and its derivatives, tantalum, wolfram, gold and other minerals’ which originating in the Democratic Republic of the Congo (DRC) and its adjoining countries.
Yunxin Company Limited generally supports the objectives of this law and has no link to the conflict mining industry in the Democratic Republic of Congo (DRC) and its adjoining countries and regions.
Our cassiterite business partly involves the purchase and treatment of secondary materials that we obtain from end-of-life materials, by-products or intermediate products from Chinese suppliers.
In the process of sourcing, our buyers know the procurement policy and do not purchase minerals financing, facilating or exacerbating conditions of conflict. And regular internal training on conflict-free minerals sourcing would be held. At the same time, we require commitment by our suppliers that their materials shall originate in conflict-free minerals. Otherwise, we will terminate sourcing immediately.
We declare and promise that Yunxin Company Limited fulfills our social responsibilities，and we don’t purchase and use the cassiterite from conflict areas. While requiring the raw materials supplied by our suppliers are not related to the conflict in the DRC and its adjoining countries and regions.
We are engaged in the Conflict Free Smelter Programme and participate in auditing processes to provide assurance for our customers that our tin ingot and products are from sources not linked to conflict.
Although not sourcing cassiterite from the DRC or adjoining countries, we aware of the ‘conflict minerals’ law of the US, as well as the conflict mineral policies, management systems and survey framework which are announced by the relevant agencies (such as the OECD or EICC). We have also made our suppliers aware of these criteria and have included relevant text in our supply contracts, refusing use the conflict minerals.
This agreement will take effect since being announced.