Conflict Minerals Policy Statement
Litra MFG is committed to conducting all of our business activities to the highest standards of ethics and social responsibility and providing our customers with responsibly sourced products.
In 2010, the United States Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act. Pursuant to Section 1502 of the Dodd-Frank Act, on August 22, 2012, the United States Securities and Exchange Commission adopted Rule 13(p)-1 under the Securities Exchange Act of 1934, as amended. Rule 13(p)-1 is commonly known as the “Conflict Minerals Rule”. This rule is intended to address human rights violations arising from the forced labor, child labor, rape, murder and other hostilities related to mining operations in Africa, namely in the eastern Democratic Republic of the Congo (DRC) and nearby regions. This rule requires public companies to make disclosures regarding whether specified minerals in company products are sourced from the DRC or its surrounding countries (covered countries) in an effort to encourage companies to obtain these minerals from sources that do not directly or indirectly finance or benefit armed groups operating in these countries. The specified minerals, which are referred to as conflict minerals, are columbite-tantalite (coltan), cassiterite, gold, wolframite, or their derivatives, which are currently limited to Tin (Sn), Tungsten (W), Tantalum (Ta) and Gold (Au), which are necessary in the manufacture of electronics components and equipment. Publicly traded companies, are required to disclose certain information concerning the origin of the conflict minerals contained in our products.
While Litra MFG is not a publicly traded company, we are taking steps to increase our supply chain due diligence measures and internal controls relating to conflict minerals and will assist our customers that are publicly traded, in implementing their conflict minerals programs. Litra MFG does not knowingly source conflict minerals from sources that directly or indirectly finance or benefit armed groups in the covered countries.