Conflict Minerals Rule Still Facing Challenges

Chair Mary Jo White revealed Tuesday that the SEC has spent a whopping $2.75 million to write, implement and defend itself against legal challenges related to the conflict minerals rule.

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Company News

Tantalex Begins Extraction Operations in Congo

Tantalex Resources (CSE:TTX) announced the start of tantalum extraction operations in the Republic of Congo. The company has also hired ALS GLOBAL at Johannesburg and Vancouver, one of the world's largest and most diversified testing services providers, to conduct independent product quality testing.

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Market News

Proposed EU Law to Help in Fight Against Conflict Minerals

Mining Weekly reported that campaigner Emily Norton from the nongovernmental organisation Global Witness conflict minerals believed that the proposed European Union (EU) conflict minerals law will help make responsible sourcing a natural part of doing business in countries struggling with conflict.

How Tantalum Is Used as a Superconductor

Azo Materials published an interview with Cristian Cretu of H.C. Starck Fabricated Products about how metals like niobium and tantalum are used in superconducting applications. H.C. Starck supplies niobium and tantalum for low temperature superconductor wire manufacturing.

Study Says Most US Companies Still Not Declaring Conflict Minerals

A study by Global Witness and Amnesty International has found that the majority of public companies in the US are still failing to properly disclose whether their products contain conflict minerals. Conflict minerals can be gold, tin, tungsten or tantalum sourced from conflict areas such as the Democratic Republic of Congo.

EU lawmakers Limit the Import of Conflict Minerals

Mining.com reported that the European Union (EU) voted in favor of putting limitations on armed groups to finance their activities through the sale of conflict minerals.

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