|“Conflict minerals” is
Conflict minerals refer to minerals such as tin, tantalum, tungsten, and gold produced in countries where disputes occur, such as the Democratic Republic of Congo or its neighboring countries..
The funds generated by the conflict minerals have been funneled into armed forces in the country, killing its own people, and violating human rights such as child, forced labor, and abuse of women that may occur during the mining process. Amid mounting international concerns, the U.S. Congress enacted the Dodd-Frank Financial Regulatory Reform Act in 2010, which required companies listed on the U.S. stock market to report on the use of conflict minerals, investigate the use and origin of conflict minerals, conduct due diligence on the supply chain, and report the results to the U.S. Securities and Exchange Commission.
|Conflict Minerals Policy|
|Hirose Korea has established a policy for managing conflict minerals to fulfill its legal and social responsibilities.
In order to prevent conflict minerals related to the armed forces in the conflict zone from being included in the supply chain for the production of its products, we are asking our partners to establish policies and procedures for the use of conflict minerals, and to establish a plan for risk response procedures. We are helping them purchase them through smelters that are free from conflict minerals. thereby fulfilling its social responsibility for protecting the human rights of the Democratic Republic of Congo and its neighboring countries.