Conflict Minerals
Conflict minerals refers to raw materials that are sourced from a particular part of the world where armed conflict (and civil rights abuse) is occurring and where conflict participants benefit from the mining production and sale of those materials. Conflict minerals include columbite-tantalite cassiterite gold and wolframite primarily from the Democratic Republic of the Congo or adjoining countries. Section 1502 of the Dodd-Frank Act requires US companies to identify and disclose where the minerals used in their products come from in an effort to build consumer awareness and reduce the amount of funds flowing to militias in identified regions. This course was developed with subject matter support provided by The Potomac Law Group PLLC. Please note however that the course materials and content are for informational purposes only and do not constitute legal advice and may or may not reflect the most current legal developments. Nothing herein or in the course materials shall be construed as professional advice as to any particular situation or constitute a legal opinion with respect to compliance with legal statutes or statutory instruments. Transmission of the information is not intended to create and receipt does not constitute an attorney-client relationship. Readers should not act upon this information without seeking independent legal advice.