SEC publishes final critical minerals rules
Aug 23, 2012 | 05:16 PM
| Catherine Ngai
Tags
Conflict minerals,
critical minerals,
scrap metal,
SEC,
Dodd-Frank,
Section 1502,
Democratic Republic of the Congo,
tin
tungsten
NEW YORK — Metals companies must adhere to new federal rules starting in January if minerals they use in their manufacturing processes could be sourced from certain African nations, according to final rules adopted Wednesday by the U.S. Securities Exchange Commission (SEC).
The SEC approved the final rules concerning Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which aims to prevent armed groups in the Democratic Republic of the Congo and surrounding countries from using profits from the minerals trade to fund fighting. According to the final rules, companies that file disclosures with the SEC will also need to provide information about the origins of certain minerals used in their manufacturing processes (amm.com, Aug. 22).....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here