“Conflict Region” includes the Democratic Republic of the Congo, Angola, Burundi, the Central African Republic, The Republic of Congo, Uganda, Rwanda, South Sudan, Tanzania and Zambia.
“Conflict Minerals” are classified as using materials from the “Conflict Region” in the manufacture of their products.
“Conflict Minerals” include:
columbite-tantalite, also known as coltan (tantalum);
cassiterite (tin);
gold;
wolframite (tungsten);
their derivatives;
any other mineral or its derivatives determined by the Secretary of State to be financing conflict in the DRC Countries.
Triad Electronic Technologies is aware of the reporting obligations of all Public companies providing financial reports to the SEC detailed in Section 1501 of the U.S. Dodd-Frank Wall Street Reform and Consumer Protection Act.
Triad Electronic Technologies is a privately held contract electronics manufacturing service provider which does not manufacture any raw components. Therefore, we do not have reporting obligations to the SEC. As an contract electronics manufacturing service provider, we have no direct relationship with any smelter or metal producer. We purchase all of our electronic components and supplies from major recognized distributors or manufacturers. The components and supplies we purchase are in accordance with each customer’s Approved Manufacturers Lists and print specifications or Bill of Material, giving us no control or authority over components which our customers may specify for use in their final products. We will perform due diligence for our customers that do have the reporting obligations.
As part of our commitment to global social responsibility and in accordance with Section 1502 of Dodd Frank we expect our suppliers to source material from environmentally and socially responsible supply chains. If it is determined that a supplier is purchasing raw materials which benefit armed groups in the DRC or adjoining countries, we will notify the customer to determine if they want to disqualify that supplier and approve an alternate on their Bill of Materials. We will continue to work with our suppliers to verify that they and their suppliers use DRC conflict free minerals.
Triad maintains a supplier evaluation and re-qualification process specific to our supply chain and currently has not confirmed any supplier of “Conflict Minerals” as defined in “Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, as well as California Senate Bill 861”. When possible, our supplier's conflict mineral statements are reviewed during the supplier evaluation process. As a downstream supplier, not involved in design or bill of material definition of any product built at our facility, our customers are tasked to responsibly define and allow the procurement of material that is not knowingly sourced from any region of conflict.
We will continue to work with our suppliers to verify that they and their suppliers use DRC conflict free minerals.