Why are conflict minerals called 3TG?
These are sometimes termed “the 3T’s and gold”, “3TG”, or even simply the “3T’s”, referring to the elements of interest they contain (tantalum, tin, tungsten, gold). Under the US Conflict Minerals Law, additional minerals may be added to this list in the future.
What are 3TG minerals?
The term Conflict Minerals describes 4 elements – Tin, Tantalum, Tungsten and Gold, and is commonly referred to as 3TG.
Why is tungsten a conflict mineral?
Because tungsten cannot be readily processed by melting or other simple processes, all tungsten leaves the “covered countries” as concentrate. Thus, scrap and other secondary raw materials are Conflict‐free Tungsten sources.
Is tungsten a conflict mineral?
The four metals, tin, tantalum, tungsten and gold are always defined as conflict minerals irrespective of their origin or if the mining has financed any armed groups or not.
What is a Cmrt form?
The Conflict Minerals Reporting Template (CMRT) is a free, standardized reporting template developed by the Responsible Minerals Initiative (RMI) that facilitates the transfer of information through the supply chain regarding mineral country of origin and the smelters and refiners being utilized.
Is lapis lazuli conflict mineral?
“Instead, the beautiful lapis lazuli stone has become a conflict mineral. The mines provide a tiny fraction of the benefit they should, and have become a major source of conflict and grievance, which is driving the insurgency and undermining hope for stability in Afghanistan – which could have consequences globally.”
What does 3TG mean?
3TG means tantalum, tin, tungsten, and gold.
What is 3TG in supply chain?
What is 3TG? If you’re not familiar with the term, 3TG refers to Tungsten, Tantalum, Tin and Gold. 3TGs are derived from the minerals cassiterite, coltan and wolframite.
What are the 3 T minerals?
These conflict minerals are tin, tantalum, tungsten (the “3 T’s”) and gold which are mined in eastern Congo and are in all consumer electronics products, as well as products from the jewelry, automotive, aerospace, medical equipment, and many other industries.
Is tungsten harmful to humans?
Tungsten is a naturally occurring element. Exposure to very low levels of tungsten may occur by breathing air, eating food, or drinking water that contains tungsten. No specific health effects have been associated with exposure to tungsten in humans. Exposure to high levels of tungsten is unlikely.
What is the current Cmrt?
The most recent version of the template CMRT 6.01 was released in May 2020 and replaces the previous version, CMRT 5.12. Use the CMRT 6.01 in our software iPoint Conflict Minerals and benefit from automated processes and comprehensive documentation.
What is Cmrt compliance?
The CMRT is the industry-standard template for conflict minerals reporting, facilitating compliance with 3TG sourcing regulations and other requirements. The CMRT has been specifically designed to support companies conducting due diligence to determine the country of origin for 3TGs in their supply chains.
Does lapis fund the Taliban?
In 2016, a lawmaker in Badakhshan estimated that 70% of lapis profits were going to the Taliban instead of to the government, the Associated Press reported.
Is lapis lazuli sold by Taliban?
At the same time, the Taliban have long illegally tapped the country’s minerals (especially lapis lazuli, a gem) as a source of up to $300 million in annual revenue for their insurgency.
What is 3TG compliance?
January 2021. The intention of both U.S law and EU law is to ensure importers of 3TG (tin, tungsten, tantalum and gold) should meet international responsible sourcing standards, defined by the Organisation for Economic Co-operation and Development (OECD).
Is cobalt a 3TG?
Do I Need to Report Cobalt? Cobalt is not one of the 3TG minerals that is required to be reported by the Dodd-Frank Act. It was originally intended to be included — but this was met with resistance by corporations concerned about the complexity of reporting cobalt, which is a byproduct of copper and nickel mining.
What is a conflict metal?
“Conflict minerals,” as defined by the US legislation, currently include the metals tantalum, tin, tungsten and gold, which are the extracts of the minerals cassiterite, columbite-tantalite and wolframite, respectively. Downstream companies often refer to the extracts of these minerals as 3TG.
How often is Cmrt updated?
annually
The CMRT is updated annually, and is widely used across industries to facilitate responsible minerals reporting. Version 6.1 of the template will be used for the 2021 conflict minerals reporting year, with Conflict Minerals Reports (CMRs) due in May 2022.