An interesting story on Bloomberg, one to note for the Digital Life category - Apple, Intel-Backed Rules on Conflict Minerals Stall ExportsApparently, rules designed to stop the sale of minerals used in electronics from funding war in Central Africa took effect from the start of April, reports the news organisation.
In America, it is part of the the Dodd-Frank Wall Street Reform and the Consumer Protection Act.
While this sounds positive, it also reports that this is forcing the sellers to simply seek new buyers in Asia, presumably those that are already an integral part of the electronics supply chain...
It writes:
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It writes:
The Conflict-Free Smelter program applies to shipments of tin ore, tungsten, gold and coltan from Congo and its neighbours and demands mineral processors prove purchases don't contribute to conflict in eastern Congo. The regulations were developed by the Washington-based Electronic Industry Citizenship Coalition and Global E-Sustainability Initiative in Brussels, representing electronics companies including Intel and Apple.Read the full article >>
See also:
- Consultation on Conflict Minerals disclosure
- Conflict materials in the electronics supply chain
- New laws on conflict materials from the Congo