Watson Coatings shares the concerns of Congress on using conflict free minerals. The international business community has brought light on conflict free minerals. Conflict minerals include the use of profits derived from the mining of certain minerals employed in the Democratic Republic of Congo (“DRC”) or adjoining countries. In July 2010, the United States Congress passed legislation. Therefore as part of “Dodd-Frank” mandating supply chain due diligence, public disclosure related to the sourcing of Conflict Free Minerals.
Conflict Free Minerals – Committed to Legal & Ethical Compliance
Therefore, in all its business practices it will comply with this legislation. Along with all related implementing regulations issued by the SEC or other agencies. Watson will continue to work proactively with industry groups, whether they are governmental, development or any of our suppliers will be required to verify conflict-free supply chain. Therefore we expect our suppliers to source only materials from environmentally and socially responsible suppliers.
Tantalum, tin, tungsten, and gold conflict minerals. Because they are integral to the technology and other things we rely on every day. As a result, everything from laptops, phones, and tablets to cars, airplanes, lighting, and jewelry contain these minerals. Furthermore, tin, tantalum, tungsten, and gold referred to as “conflict minerals.” Militias and rebel groups sometimes fund their violent conflict with money derived from the sale of these minerals.