BRUSSELS PROPOSES SELF-REGULATORY SYSTEM TO CLEAN-UP CONFLICT MINERALS TRADE
March 1st, 2014
The European Commission has chosen the path of self-regulation to push European Union (EU) metal and mining companies into a “responsible trading strategy” as regards minerals sourced from conflict zones.As a prelude to next month’s EU-Africa Summit meeting on April 2-3 in Brussels, EU trade Commissioner Karel De Gucht today unveiled a three-point plan involving self-certification for importers.It has been written into a draft EU regulation that proposes a system of “due diligence” by those bringing tin, tantalum, tungsten (the so-called ‘Three Ts’) ...
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