At the end of July, a U.S. federal judge upheld the Securities and Exchange Commission's conflict minerals rule that will require manufacturers to disclose the source of tantalum, tin, tungsten and gold used in their products.
These four minerals are heavily mined in the war-torn Democratic Republic of Congo (DRC) region and are commonly referred to as conflict minerals. In addition to human rights abuses in the mines themselves, the profits from the sale of conflict minerals are used to finance ongoing conflict in the DRC that has left millions dead.
Section 1502 of the Dodd–Frank Wall Street Reform and Consumer Protection Act, signed into law in 2010, mandates the disclosure of the source of these minerals beginning in May 2014 by publicly traded companies.
Some electronic component manufacturers had been putting off compliance with the law, awaiting the outcome of the now-failed legal challenge. Others like Ecliptek, a supplier of frequency control products, have taken a leading stance on the issue and are already in compliance with the law.
Octopart recognizes the importance of this policy up and down the supply chain and is pleased to report that manufacturers' Conflict Minerals Statements (starting with Ecliptek) can now be found, along with other Compliance Documents, in the Octopart API.
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