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Audiocodes Ltd. Regulatory Filings 2017

May 17, 2017

6659_rns_2017-05-17_ec86353d-a5c0-41c1-bfa0-4d22a5998dae.pdf

Regulatory Filings

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

FORM SD SPECIALIZED DISCLOSURE REPORT

AudioCodes Ltd.

(Exact name of registrant as specified in its charter)

(State or other jurisdiction of incorporation or organization) (Commission file number)

ISRAEL 0-30070

Hayarden St. 1, Airport City, Lod, Israel 7019900 (Address of principal executive offices)

Lior Aldema, 972-3-9764000

(Name and telephone number, including area code, of the person to contact in connection with this report)

Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

_ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2016.

Section 1 – Conflict Minerals Disclosure

This Specialized Disclosure Report on Form SD ("Form SD") of AudioCodes Ltd. ("AudioCodes," "we," "us," or "our") for the year ended December 31, 2016 is presented to comply with Rule 13p-1 under the Securities Exchange Act of 1934, as amended.

Item 1.01 Conflict Minerals Disclosure and Report

AudioCodes evaluated its current product lines and determined that certain products we manufacture or contract to manufacture contain tin, tungsten, tantalum and/or gold, which are defined as "conflict minerals" by the United States Securities and Exchange Commission, that are necessary to the functionality or production of our products. Accordingly, AudioCodes is filing this disclosure along with a Conflict Minerals Report to disclose the measures we have taken to determine the origin of the conflict minerals used in our products.

Conflict Minerals Disclosure

We undertook due diligence measures, including surveying our direct suppliers through an industry-standard survey template for conflict minerals, to try to determine the sources of these minerals, which we purchase through a complex supply chain. Currently, we do not have sufficient information from all our suppliers or other sources to determine the country of origin of the conflict minerals used in our products or identify the facilities used to process those conflict minerals.

A copy of our Conflict Minerals Report is filed as Exhibit 1.02 hereto. Our Conflict Minerals Report, as well as our Conflict Minerals Policy, are publicly available on our website at http://www.audiocodes.com/sustainability under the heading "About Us-AudioCodes Going Sustainable". Except as expressly provided herein, the information on, or that can be accessed through, our website is not part of this Form SD.

Item 1.02 Exhibit

See Item 2.01 below.

Section 2 – Exhibits

Item 2.01. Exhibits

Exhibit 1.01 – Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

AUDIOCODES LTD.

By: /s/ Lior Aldema

Name: Lior Aldema Title: Chief Operating Officer and Head of Global Sales

May 17, 2017

AudioCodes Ltd. Conflict Minerals Report For The Year Ended December 31, 2016

1. Introduction.

This is the Conflict Minerals Report for AudioCodes Ltd. (herein referred to as "AudioCodes," "we," "us" or "our") filed with the United States Securities and Exchange Commission ("SEC") pursuant to Rule 13p-1 under the Securities Exchange Act of 1934, as amended (the "Rule") for the reporting period from January 1, 2016 to December 31, 2016. The Rule was adopted by the SEC to implement reporting and disclosure requirements related to conflict minerals as directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The Rule imposes certain reporting obligations on SEC registrants whose manufactured products contain conflict minerals which are necessary to the functionality or production of their products. "Conflict minerals" are defined as cassiterite, columbite-tantalite, gold, wolframite, and their derivatives, which are limited to tin, tantalum, tungsten and gold for the purpose of this assessment.

If a registrant can establish that the conflict minerals in its products originated from sources other than the Democratic Republic of the Congo ("DRC") or an adjoining country (the "Covered Countries"), or from recycled and scrap sources, the registrant must submit a specialized disclosure report under Form SD that describes the steps that the registrant took to determine the origin of the conflict minerals in its products.

If a registrant has reason to believe that any of the conflict minerals in its supply chain may have originated in a Covered Country, or if the registrant is unable to determine the country of origin of those conflict minerals, then the registrant must exercise due diligence on the conflict minerals' source and chain of custody, and the registrant must annually submit a Conflict Minerals Report to the SEC that includes a description of those due diligence measures.

The report presented herein is not audited by an independent private sector auditor in reliance on recent SEC guidance to the effect that the requirement of such an audit has been stayed except if the registrant elects to describe its products as "DRC conflict-free" in its Conflicts Minerals Report.

2. Company Overview

This report has been prepared by AudioCodes. The information includes the activities of all of our majority-owned subsidiaries that are required to be consolidated.

AudioCodes designs, develops and sells advanced Voice over-IP (VoIP) and converged VoIP and data networking solutions, products and applications that facilitate secured, resilient and high quality Unified Communications (UC) and Contact Center (CC) services whether deployed on-premise or delivered from the cloud. Providing IP Phones, Customer Premise Equipment (CPE), and cloud-based platforms and applications, our solutions and products are geared to meet the growing needs of enterprises and service providers realigning their operations towards the transition to All-IP networks and hosted business services. AudioCodes is a VoIP technology market leader focused on converged VoIP and data communications offering technology, products and solutions for Enterprise Unified Communications, contact centers, service provider business services, mobile VoIP and Cloud virtualized Data Centers. Our products are deployed globally in enterprise, service provider cloud networks. AudioCodes' products include IP phones, session border controllers (SBC), media gateways, Multi-Service Business Routers (MSBRs), residential gateways, media servers, mobile communications solutions, value added applications, life cycle management solutions and professional services. AudioCodes high definition (HD) VoIP technologies and products provide enhanced intelligibility and a better end user experience in emerging voice communications services.

3. Products Overview

Our principal hardware product lines are essentially classified into the following categories: session border controllers, media gateways, multi-service business routers, IP phones, cloud connector appliances, survivable branch appliances, call recorders, fax servers and SOHO routers.

4. Supply Chain Overview

Because our supply chain is complex, AudioCodes relies upon our suppliers to provide information with respect to the origin of the conflict minerals contained in components and materials supplied to us, including sources of conflict minerals that are supplied to them from sub-tier suppliers. Our suppliers are expected to provide conflict minerals sourcing information to us pursuant to our Conflict Minerals Policy.

We have performed a comprehensive analysis of the components used in our products, and the role that suppliers play throughout our manufacturing and product delivery processes. We defined the scope of our conflict minerals due diligence by identifying and contacting our current suppliers that provide components or engage in manufacturing activities that are likely to contain conflict minerals. We adopted the standard Conflict Mineral Reporting Templates ("CMRT") established by the Conflict Free Sourcing Initiative ("CFSI"), and sent our conflict minerals due diligence communication survey to these suppliers. With respect to the Organisation for Economic Cooperation and Development ("OECD") requirement to strengthen engagement with suppliers, we have engaged a third party data collection vendor to conduct, collect and archive suppliers' responses. Feedback from this engagement has allowed us to render the conclusions and statements in this report.

5. Reasonable Country of Origin Inquiry ("RCOI") and RCOI conclusion

  • 5.1 We conducted an analysis of our products and found that "conflict minerals", as defined under the Rule (including tin, tantalum, tungsten and gold) can be found in our products and are necessary to the functionality or production of those products. Therefore, we are subject to the reporting obligations of the Rule.
  • 5.2 A list of all the suppliers and manufacturers AudioCodes contracts with to purchase all the items used in constructing its products was prepared by the Purchasing Department. The list was then reviewed and non-relevant suppliers and manufacturers of items which definitely do not contain tin, tantalum, tungsten or gold were deleted. The final list was evaluated by Purchasing Director and Quality Assurance & Environmental Management Manager.
  • 5.3 Due to the breadth and complexity of AudioCodes' products and supply chain, it will take time for many of our suppliers to verify the origin of all conflict minerals. Using our supply chain due diligence processes and efforts, we hope to further develop transparency into our supply chain.
  • 5.4 Steps conducted this year include:
    • a. Performed internal applicability assessments of products and suppliers to determine which contain or may contain necessary conflict minerals.
    • b. Supplier engagement:
      • x Solicitation of survey responses from relevant suppliers.
      • x Assessment of suppliers responses identify inconsistent, incomplete, or inaccurate responses.
      • x Engaging Purchasing Department to directly contact and push non-responsive suppliers.
      • x As part of our validation process, we sent training materials to suppliers, including an overview of the law and instructions on how to complete the Conflict Minerals Reporting Template, if relevant.
    • c. As part of our effort to identify smelters and refiners, suppliers were requested to fill CMRTs template of version 4.1 or above.
  • 5.5 Currently, we do not have sufficient information from our suppliers to determine the country of origin of all the conflict minerals used in our products or the facilities used to process those conflict minerals. Therefore, we cannot exclude the possibility that some of these conflict minerals may have originated in the Democratic Republic of the Congo or an adjoining country and are not from recycled or scrap sources. Based on this result, AudioCodes conducted due diligence activities on the conflict minerals' source and chain of custody and have described these activities in this Conflict Minerals Report.

6. Due Diligence Design

6.1 Our due diligence processes and efforts have been developed in conjunction with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (OECD Guidance) and the related Supplements for gold and for tin, tantalum and tungsten.

7. Due Diligence Performed

7.1 Establish Strong Company Management Systems

7.1.1 Conflict Minerals Policy

AudioCodes is committed to working with our global supply chain to ensure compliance with the SEC's conflict minerals rules. Our conflict minerals policy is publicly available on our website at http://www.audiocodes.com/sustainability under the heading "Conflict Minerals".

7.1.2 Internal Team

AudioCodes has established a task force with representatives from our Legal, Finance, Purchasing and Quality departments to implement our conflict minerals compliance policy. Senior management is briefed about the results of our due diligence efforts on a regular basis.

7.1.3 Control Systems

AudioCodes has established our due diligence compliance process and set forth documentation and record maintenance mechanisms to ensure the retention of relevant documentation in a structured electronic database. Database content enables real-time identification of all countries of origin of the minerals as well as the smelters/refiners status. Since our databases are continuously backed up, this data retention assures availability with no time limitation.

AudioCodes' level CMRT are amended on a monthly basis, as our sub-contractor collects new and/or corrected suppliers' reports. AudioCodes makes its latest company level CMRT available to its customers upon request.

7.1.4 Supplier Engagement

AudioCodes amended its Requirements from AudioCodes' Suppliers Process Specification (P-08-03E) to include a paragraph detailing our mandatory requirement to comply with the Rule and to strictly follow the framework established by the OECD. This Process Specification is referenced in each Purchase Order issued to our suppliers, and is also available on AudioCodes' website.

7.1.5 Grievance Mechanism

Grievance mechanism & reporting are defined in our Conflict Minerals Policy.

7.2 Identify and Assess Risk in the Supply Chain

  • 7.2.1 As part of our risk based approach, AudioCodes identified the suppliers from which it made purchases over a specified amount during 2016. While trying to move towards the goal of being a conflict minerals free company, we assessed two primary risks in our supply chain: (1) the risk of not receiving on time accurate information from the supplier; and (2) the risk of not being able to replace a supplier. The result was the segmentation of the suppliers into 3 levels of risks: high, medium and low, allowing the Company to focus its risk mitigation efforts according to the supplier level of risk.
  • 7.2.2 Segmenting our suppliers based on the above risk levels yielded 9.3% of high risk suppliers. Our sub-contractor was consequently instructed to give highest priority to those suppliers in his data collection activity.
  • 7.2.3 Our Purchasing Department was engaged to urge and push reluctant suppliers and to focus our escalation efforts.
  • 7.2.4 To the best of our efforts, we have identified most of the smelters/refineries in our supply chain.

7.3 Design and Implement Strategy to Respond to Risks

  • 7.3.1 Suppliers are requested to supply their conflict minerals compliance declarations using the CMRT template. Such declarations are reviewed by AudioCodes (or its assigned sub-contractor) and verified for completeness and inconsistency.
  • 7.3.2 Any declaration determined to be inconsistent or missing data is returned to the supplier to correct and complete.
  • 7.3.3 Under this activity we also track smelters/refiners that have not received a conflict-free designation based on the CFSI/CFSP or other independent third party validation program, and also compare smelters/refiners identified by the supply chain survey against the list of facilities that have received a "conflict free" designation.
  • 7.3.4 Red Flags analysis on the topics listed below were defined to better identify suspicious behavior and activities:
    • a. Data completion
    • b. Locations of mineral origin
    • c. Existence of Company Policy
  • 7.3.5 Escalation process was documented and implemented which defines how to handle non-responsive and problematic suppliers. The process defines the conditions under which Purchasing should consider suspending or discontinuing engagement with such suppliers.
  • 7.3.6 VP Operations was informed of the risk analysis efforts and results, as well as of the actions taken consequently.

7.4 Carry Out Independent Third Party Audit of Supply Chain Due Diligence at Identified Point in the Supply Chain

7.4.1 AudioCodes does not have a direct relationship with smelters and refiners of conflict minerals, nor do we perform direct audits of these entities that provide our supply chain with conflict minerals. However, we do rely upon the industry efforts and tools (for example, the CFSI Conflict Minerals Reporting Template) in our evaluations.

7.5 Report Annually on Supply Chain Due Diligence

7.5.1 AudioCodes' CMRT is amended on a monthly basis and is available to all requestors. The company's annual Conflict Minerals Report is downloadable from AudioCodes' website, at http://www.audiocodes.com/sustainability under the heading "Conflict Minerals", and filed with the SEC on Form SD.

8. Results of Assessments

8.1 Survey Responses

  • 8.1.1 Because of our size, the breadth and complexity of our products, and constant changes to our supply chain, it is difficult to identify entities downstream from our direct suppliers. We are relying on our direct suppliers to provide us with information about the source of conflict minerals contained in the components supplied to us. Our direct suppliers are similarly reliant upon information provided by their suppliers.
  • 8.1.2 Despite receiving responses from suppliers listing smelter or refiner names in their supply chain, a few suppliers were unable to accurately report which specific smelters were part of the supply chain of the components that were sold to AudioCodes in 2016. Therefore, we are not able to determine the facilities that processed the conflict minerals in such products.
  • 8.1.3 We received responses from more than 90% of the suppliers surveyed. We reviewed the responses against criteria developed to determine which required further engagement with our suppliers. These criteria included untimely or incomplete responses, as well as inconsistencies within the data reported in the Template. We are working directly with these suppliers to have them provide revised responses.
  • 8.1.4 Most CMRTs were reported at the company level, see table below.
Declaration Scopes of Delivered Consolidated Manufacturers
Reported at company level 80%
Reported user defined 8%
Reported product list/product 12%

8.1.5 As of today, the 90% responses received from our suppliers can be further categorized as in the table below. CMRTs with major issues are CMRTs with significant incompleteness, inaccuracy, or contradictory information submitted. For example, tantalum, tin, gold, or tungsten was declared used but no smelters were entered for these metals.

Consolidated Manufacturers Sub-Collection Status
MFRs delivered satisfactory CMRT 80%
MFRs delivered CMRT with major issues 11%
MFRs whose CMRT was escalated* 9%
MFRs still in process 0%

* MFR with at least one or multiple escalations (no major issues). Escalated by the subcontractor to AudioCodes to supply better/correct contact information, to contact the manufacturer directly or otherwise, due to manufacturer's poor responsiveness.

8.1.6 The smelters analysis of those above 90% responsive manufacturers is given below. The list of smelters is set forth in the attached Appendix A. The list of mines' countries of origin is set forth in the attached Appendix B.

Smelters Analysis
With certification
Certified smelters - CFSP/RJC/LBMA/DMCC (a) 65%
Non-certified smelters - CFSP/RJC/LBMA/DMCC (a) 35%
Legitimacy of smelters (out of the total number of smelters analyzed)
Number of alleged smelters - FSI/RJC/LBMA/DMCC/DOC/APPLE/INTEL/GS (a)
83%
Unknown smelters 17%

(a) Initials of credible sources for conflict minerals information (organizations or company names).

  • 8.1.7 Based on the information obtained through the due diligence process, AudioCodes does not have sufficient information as yet to determine the country of origin of all the conflict minerals contained in our products.
  • 8.1.8 The large majority of the responses received provided data at a company or divisional level or, as described above, were unable to specify the smelters or refiners used for components supplied to AudioCodes. We are therefore unable to determine whether any of the conflict minerals reported by the suppliers were contained in components or parts supplied to us or to validate that any of these smelters or refiners are actually in our supply chain.
  • 8.1.9 We do not gather information from our suppliers on a continuous, real-time basis.
  • 8.1.10 The Company can only provide reasonable, not absolute, assurance regarding the source and chain of custody of the necessary conflict minerals, since the information is obtained from: direct and secondary suppliers and independent third party audit programs.

8.2 Efforts to Determine Country of Origin of Mine or Conflict Minerals

8.2.1 Tracing materials back to their mine of origin is a complex aspect of responsible sourcing in our supply chain. By adopting a methodology based on the OECD guidelines and the CFSI template, we have determined that the information we gathered from the smelters and refiners in our supply chain represents the most reasonable known mine of origin information available to us.

9. Continuous Improvement Efforts to Mitigate Risks

  • 9.1 Audiocodes will continue working with its global supply chain to ensure responsible sourcing and assure compliance with international regulations.
  • 9.2 AudioCodes will Strengthen communications with suppliers in order to improve the number of suppliers that respond to the company's supply chain surveys.

10. Cautionary Statement Concerning Forward-Looking Statements

This Report contains "forward-looking statements" within the meaning of U.S. federal securities laws. These forward-looking statements can generally be identified as such because the context of the statement will include words such as "may", "will," "intends," "plans," "believes," "anticipates," "expects," "estimates," "predicts," "potential," "continue," or "opportunity," the negative of these words or words of similar import. Examples of forward-looking statements include statements relating to our future plans, and any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on our current expectations and assumptions, which may not prove to be accurate. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those stated in such statements. As a result, these statements speak only as of the date they are made and we undertake no obligation to update or revise any forward-looking statement, except as required by U.S. federal securities laws.

Appendix A: Smelters list

1. GOLD

Metal Smelter Name Country
Gold Abington Reldan Metals, LLC USA
Gold Advanced Chemical Company USA
Gold Aida Chemical Industries Co., Ltd. JAPAN
Gold Aktyubinsk Copper Company TOO KAZAKHSTAN
Gold Al Etihad Gold Refinery DMCC UNITED ARAB EMIRATES
Gold Allgemeine Gold-und Silberscheideanstalt A.G. GERMANY
Gold Almalyk Mining and Metallurgical Complex (AMMC) UZBEKISTAN
Gold AngloGold Ashanti Córrego do Sítio Mineração BRAZIL
Gold Argor-Heraeus S.A. SWITZERLAND
Gold Asahi Pretec Corp. JAPAN
Gold Asahi Refining Canada Ltd. CANADA
Gold Asahi Refining USA Inc. USA
Gold Asaka Riken Co., Ltd. JAPAN
Gold Atasay Kuyumculuk Sanayi Ve Ticaret A.S. TURKEY
Gold AU Traders and Refiners SOUTH AFRICA
Gold AURA-II USA
Gold Aurubis AG GERMANY
Gold Bangalore Refinery INDIA
Gold Bangko Sentral ng Pilipinas (Central Bank of the Philippines) PHILIPPINES
Gold Bauer Walser AG GERMANY
Gold Boliden AB SWEDEN
Gold C. Hafner GmbH + Co. KG GERMANY
Gold Caridad MEXICO
Gold CCR Refinery - Glencore Canada Corporation CANADA
Gold Cendres + Métaux S.A. SWITZERLAND
Gold Chimet S.p.A. ITALY
Gold China Gold Deal Investment Co., Ltd. CHINA
Gold China National Gold Group Corporation CHINA
Gold Chugai Mining JAPAN
Gold Codelco CHILE
Gold Colt Refining USA
Gold Daejin Indus Co., Ltd. KOREA (REPUBLIC OF)
Gold DaeryongENC KOREA (REPUBLIC OF)
Gold Daye Non-Ferrous Metals Mining Ltd. CHINA
Gold DODUCO GmbH GERMANY
Gold Dowa JAPAN
Gold DSC (Do Sung Corporation) KOREA (REPUBLIC OF)
Gold Eco-System Recycling Co., Ltd. JAPAN
Gold Elemetal Refining, LLC USA
Gold Emirates Gold DMCC UNITED ARAB EMIRATES
Gold Faggi Enrico S.p.A. ITALY
Gold Feinhutte Halsbrucke GmbH GERMANY
Gold Fidelity Printers and Refiners Ltd. ZIMBABWE
Gold Gansu Seemine Material Hi-Tech Co., Ltd. CHINA
Gold Geib Refining Corporation USA
Gold Great Wall Precious Metals Co., Ltd. of CBPM CHINA
Gol
d
Guan
gdon
g Jindin
g Gold Limite
d
CHINA
Gol
d
Gujarat Gold Centr
e
INDIA
Gol
d
Guoda Safina Hi
gh-Tech Environmental Refinery Co., Ltd.
CHINA
Gol
d
Hangzhou Fuchunjiang Smelting Co., Ltd. CHINA
Gol
d
Heimerle + Meule GmbH GERMANY
Gol
d
Henan Yuguang Gold & Lead Co., Ltd. CHINA
Gol
d
Heraeus Ltd. Hong Kong CHINA
Gol
d
Heraeus Precious Metals GmbH & Co. KG GERMANY
Gol
d
Hunan Chenzhou Mining Co., Ltd. CHINA
Gol
d
HwaSeon
g CJ Co., Ltd.
KOREA
(REPUBLIC OF
)
Gol
d
Inner Mon
golia Qiankun Gold and Silver Refinery Share Co., Ltd.
CHINA
Gol
d
Ishifuku Metal Industr
y Co., Ltd.
JAPAN
Gol
d
Istanbul Gold Refinery TURKEY
Gol
d
Japan Mint JAPAN
Gol
d
Jian
gxi Copper Co., Ltd.
CHINA
Gol
d
JSC Ekaterinburg Non-Ferrous Metal Processing Plant RUSSIAN FEDERATIO
N
Gol
d
JSC Uralelectrome
d
RUSSIAN FEDERATIO
N
Gol
d
JX Nippon Mining & Metals Co., Ltd. JAPAN
Gol
d
K.A Rasmussen a
s
NORWAY
Gol
d
Kaloti Precious Metal
s
UNITED ARAB EMIRATE
S
Gol
d
Kazakhmys Smelting LL
C
KAZAKHSTAN
Gol
d
Kazzinc KAZAKHSTAN
Gol
d
Kennecott Utah Copper LL
C
USA
Gol
d
KGHM Polska Mie
d
ź S
p
ó
łka Akcyjna
POLAN
D
Gol
d
Kojima Chemicals Co., Ltd. JAPAN
Gol
d
Korea Metal Co., Ltd. KOREA
(REPUBLIC OF
)
Gol
d
Korea Zinc Co., Ltd. KOREA
(REPUBLIC OF
)
Gol
d
Kunshan Jinli chemical industry reagents co.,Ltd. CHINA
Gol
d
Kyrgyzaltyn JS
C
KYRGYZSTAN
Gol
d
L'azurde Company For Jewelry SAUDI ARABIA
Gol
d
Lingbao Gold Co., Ltd. CHINA
Gol
d
Lingbao Jinyuan Tonghui Refinery Co., Ltd. CHINA
Gol
d
L
S-NIKKO Copper Inc.
KOREA (REPUBLIC OF)
Gol
d
Luo
yan
g Zijin Yinhui Gold Refiner
y Co., Ltd.
CHINA
Gol
d
Materion USA
Gol
d
Matsuda Sangyo Co., Ltd. JAPAN
Gol
d
Metahub Industries Sdn. Bhd. MALAYSIA
Gol
d
Metalor Technolo
gies
(Hon
g Kong) Ltd.
CHINA
Gol
d
Metalor Technolo
gies
(Sin
g
a
pore
) Pte., Ltd.
SINGAPORE
Gol
d
Metalor Technologies (Suzhou) Ltd. CHINA
Gol
d
Metalor Technologies S.A. SWITZERLAN
D
Gol
d
Metalor USA Refining Corporation USA
Gol
d
Metalúrgica Met-Mex Peñoles S.A. De C.V. MEXIC
O
Gol
d
Mitsubishi Materials Corporation JAPAN
Gol
d
Mitsui Mining and Smelting Co., Ltd. JAPAN
Gol
d
MMT
C-PAMP India Pvt., Ltd.
INDIA
Gol
d
Modeltech Sdn Bh
d
MALAYSIA
Gol
d
Morris and Watson NEW ZEALAN
D
Gol
d
Moscow S
pecial Allo
ys Processin
g Plant
RUSSIAN FEDERATIO
N
Gol
d
Nadir Metal Rafineri San. Ve Tic. A.
Ş
TURKEY
Gol
d
Navoi Minin
g and Metallur
gical Combinat
UZBEKISTA
N
Gol
d
Nihon Material Co., Ltd. JAPAN
Gol
d
Ögussa Österreichische Gol
d- und Silbe
r-Scheideanstalt GmbH
AUSTRIA
Gold Ohura Precious Metal Industry Co., Ltd. JAPAN
Gold OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC RUSSIAN FEDERATION
Krastsvetmet)
Gold OJSC Kolyma Refinery RUSSIAN FEDERATION
Gold OJSC Novosibirsk Refinery RUSSIAN FEDERATION
Gold PAMP S.A. SWITZERLAND
Gold Penglai Penggang Gold Industry Co., Ltd. CHINA
Gold Prioksky Plant of Non-Ferrous Metals RUSSIAN FEDERATION
Gold PT Aneka Tambang (Persero) Tbk INDONESIA
Gold PX Précinox S.A. SWITZERLAND
Gold Rand Refinery (Pty) Ltd. SOUTH AFRICA
Gold Remondis Argentia B.V. NETHERLANDS
Gold Republic Metals Corporation USA
Gold Royal Canadian Mint CANADA
Gold SAAMP FRANCE
Gold Sabin Metal Corp. USA
Gold Safina a.s. CZECH REPUBLIC
Gold Sai Refinery INDIA
Gold Samduck Precious Metals KOREA (REPUBLIC OF)
Gold SAMWON METALS Corp. KOREA (REPUBLIC OF)
Gold SANMENXIA HENGSHENG SCIENCE AND TECHNOLOGY R&D CO.,LTD CHINA
Gold SAXONIA Edelmetalle GmbH GERMANY
Gold Schone Edelmetaal B.V. NETHERLANDS
Gold SEMPSA Joyería Platería S.A. SPAIN
Gold Shandong Tiancheng Biological Gold Industrial Co., Ltd. CHINA
Gold Shandong Yanggu Xiangguang Co. Ltd. CHINA
Gold Shandong Zhaojin Gold & Silver Refinery Co., Ltd. CHINA
Gold Shandong zhongkuang group co., LTD CHINA
Gold Sichuan Tianze Precious Metals Co., Ltd. CHINA
Gold Singway Technology Co., Ltd. TAIWAN, PROVINCE OF CHINA
Gold So Accurate Group, Inc. USA
Gold SOE Shyolkovsky Factory of Secondary Precious Metals RUSSIAN FEDERATION
Gold Solar Applied Materials Technology Corp. TAIWAN, PROVINCE OF CHINA
Gold Sudan Gold Refinery SUDAN
Gold Sumitomo Metal Mining Co., Ltd. JAPAN
Gold Suzhou Xingrui Noble metal material co.ltd CHINA
Gold T.C.A S.p.A ITALY
Gold Tanaka Kikinzoku Kogyo K.K. JAPAN
Gold The Refinery of Shandong Gold Mining Co., Ltd. CHINA
Gold Tokuriki Honten Co., Ltd. JAPAN
Gold Tongling Nonferrous Metals Group Co., Ltd. CHINA
Gold Tony Goetz NV BELGIUM
Gold TOO Tau-Ken-Altyn KAZAKHSTAN
Gold Torecom KOREA (REPUBLIC OF)
Gold Umicore Brasil Ltda. BRAZIL
Gold Umicore Precious Metals Thailand THAILAND
Gold Umicore S.A. Business Unit Precious Metals Refining BELGIUM
Gold United Precious Metal Refining, Inc. USA
Gold Universal Precious Metals Refining Zambia ZAMBIA
Gold Valcambi S.A. SWITZERLAND
Gold Western Australian Mint trading as The Perth Mint AUSTRALIA
Gold WIELAND Edelmetalle GmbH GERMANY
Gold YAMAMOTO PRECIOUS METAL CO., LTD. JAPAN
Gold Yantai Zhaojin Kanfort Precious Metals Incorporated Company CHINA
Gold Yokohama Metal Co., Ltd. JAPAN
Gold Yunnan Copper Industry Co., Ltd. CHINA
Gold Zhejiang Suijin Precious Metals co,.ltd CHINA
Gold Zhongyuan Gold Smelter of Zhongjin Gold Corporation CHINA
Gold Zijin Mining Group Co., Ltd. Gold Refinery CHINA

2. TANTALUM

Metal Smelter Name Country
Tantalum Advanced Metallurgical Group N.V. (AMG) USA
Tantalum Avon Specialty Metals Ltd UNITED KINGDOM OF GREAT BRITAIN AND
NORTHERN IRELAND
Tantalum Changsha South Tantalum Niobium Co., Ltd. CHINA
Tantalum Conghua Tantalum and Niobium Smeltry CHINA
Tantalum D Block Metals, LLC USA
Tantalum Duoluoshan CHINA
Tantalum E.S.R. Electronics USA
Tantalum Exotech Inc. USA
Tantalum F&X Electro-Materials Ltd. CHINA
Tantalum FIR Metals & Resource Ltd. CHINA
Tantalum Global Advanced Metals Aizu JAPAN
Tantalum Global Advanced Metals Boyertown USA
Tantalum Guangdong Zhiyuan New Material Co., Ltd. CHINA
Tantalum Guizhou Zhenhua Xinyun Technology Ltd., Kaili branch CHINA
Tantalum H.C. Starck Co., Ltd. THAILAND
Tantalum H.C. Starck GmbH Goslar GERMANY
Tantalum H.C. Starck GmbH Laufenburg GERMANY
Tantalum H.C. Starck Hermsdorf GmbH GERMANY
Tantalum H.C. Starck Inc. USA
Tantalum H.C. Starck Ltd. JAPAN
Tantalum H.C. Starck Smelting GmbH & Co. KG GERMANY
Tantalum Hengyang King Xing Lifeng New Materials Co., Ltd. CHINA
Tantalum Hi-Temp Specialty Metals, Inc. USA
Tantalum Jiangxi Dinghai Tantalum & Niobium Co., Ltd. CHINA
Tantalum Jiangxi Tuohong New Raw Material CHINA
Tantalum JiuJiang JinXin Nonferrous Metals Co., Ltd. CHINA
Tantalum Jiujiang Tanbre Co., Ltd. CHINA
Tantalum Jiujiang Zhongao Tantalum & Niobium Co., Ltd. CHINA
Tantalum KEMET Blue Metals MEXICO
Tantalum KEMET Blue Powder USA
Tantalum King-Tan Tantalum Industry Ltd. CHINA
Tantalum LSM Brasil S.A. BRAZIL
Tantalum Metallurgical Products India Pvt., Ltd. INDIA
Tantalum Mineração Taboca S.A. BRAZIL
Tantalum Mitsui Mining and Smelting Co., Ltd. JAPAN
Tantalum Molycorp Silmet A.S. ESTONIA
Tantalum Ningxia Orient Tantalum Industry Co., Ltd. CHINA
Tantalum Plansee SE Liezen AUSTRIA
Tantalum Plansee SE Reutte AUSTRIA
MACEDONIA (THE FORMER YUGOSLAV
Tantalum Power Resources Ltd. REPUBLIC OF)
Tantalum QuantumClean USA
Tantalum Resind Indústria e Comércio Ltda. BRAZIL
Tantalum RFH Tantalum Smeltry Co., Ltd. CHINA
Tantalum Shanghai Jiangxi Metals Co. Ltd CHINA
Tantalum Solikamsk Magnesium Works OAO RUSSIAN FEDERATION
Tantalum Taki Chemical Co., Ltd. JAPAN
Tantalum Telex Metals USA
Tantalum Tranzact, Inc. USA
Tantalum Ulba Metallurgical Plant JSC KAZAKHSTAN
Tantalum XinXing HaoRong Electronic Material Co., Ltd. CHINA
Tantalum Yichun Jin Yang Rare Metal Co., Ltd. CHINA
Tantalum Zhuzhou Cemented Carbide Group Co., Ltd. CHINA

3. TIN

Metal Smelter Name Country
Tin Alpha USA
Tin American Iron and Metal CANADA
Tin An Thai Minerals Co., Ltd. VIET NAM
Tin An Vinh Joint Stock Mineral Processing Company VIET NAM
Tin Baoshida Swissmetall SWITZERLAND
Tin Best Metais e Soldas SA BRAZIL
Tin Brinkmann Chemie AG GERMANY
Tin CFC Cooperativa dos Fundidores de Cassiterita da Amazonia Ltda. BRAZIL
Tin Chenzhou Yunxiang Mining and Metallurgy Co., Ltd. CHINA
Tin China Tin Group Co., Ltd. CHINA
Tin CIMSA, S.A. SPAIN
Tin CNMC (Guangxi) PGMA Co., Ltd. CHINA
Tin Cookson Group USA
Tin Cooperativa Metalurgica de Rondônia Ltda. BRAZIL
Tin CV Ayi Jaya INDONESIA
Tin CV Dua Sekawan INDONESIA
Tin CV Duta Putra Bangka INDONESIA
Tin CV Gita Pesona INDONESIA
Tin CV Makmur Jaya INDONESIA
Tin CV Serumpun Sebalai INDONESIA
Tin CV Tiga Sekawan INDONESIA
Tin CV United Smelting INDONESIA
Tin CV Venus Inti Perkasa INDONESIA
Tin Dowa JAPAN
Tin Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock VIET NAM
Company
Tin Elmet S.L.U. SPAIN
Tin EM Vinto BOLIVIA (PLURINATIONAL STATE OF)
Tin Estanho de Rondônia S.A. BRAZIL
Tin Feinhütte Halsbrücke GmbH GERMANY
Tin Fenix Metals POLAND
Tin Gejiu Fengming Metallurgy Chemical Plant CHINA
Tin Gejiu Jinye Mineral Company CHINA
Tin Gejiu Kai Meng Industry and Trade LLC CHINA
Tin Gejiu Non-Ferrous Metal Processing Co., Ltd. CHINA
Tin Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. CHINA
Tin Gejiu Zili Mining And Metallurgy Co., Ltd. CHINA
Tin Gold Bell Group CHINA
Tin Guanyang Guida Nonferrous Metal Smelting Plant CHINA
Tin Hayes Metals Pty Ltd NEW ZEALAND
Tin Hongqiao Metals (Kunshan) Co., Ltd. CHINA
Tin HuiChang Hill Tin Industry Co., Ltd. CHINA
Tin Huichang Jinshunda Tin Co., Ltd. CHINA
Tin Hunan Xianghualing Tin Co. ltd CHINA
Tin Jean GOLDSCHMIDT INTERNATIONAL S.A. BELGIUM
Tin Jewish Xinmao Tin Co., Ltd. CHINA
Tin Jiangxi Ketai Advanced Material Co., Ltd. CHINA
Tin Linwu Xianggui Ore Smelting Co., Ltd. CHINA
Tin Magnu's Minerais Metais e Ligas Ltda. BRAZIL
Tin Malaysia Smelting Corporation (MSC) MALAYSIA
Tin Melt Metais e Ligas S.A. BRAZIL
Tin Metahub Industries Sdn. Bhd. MALAYSIA
Tin Metallic Resources, Inc. USA
Tin Metallo-Chimique N.V. BELGIUM
Tin Mineração Taboca S.A. BRAZIL
Tin Minmetals Ganzhou Tin Co. Ltd CHINA
Tin Minsur PERU
Tin Mitsubishi Materials Corporation JAPAN
Tin Modeltech Sdn Bhd MALAYSIA
Tin Nankang Nanshan Tin Manufactory Co., Ltd. CHINA
Tin Nghe Tinh Non-Ferrous Metals Joint Stock Company VIET NAM
Tin Novosibirsk Processing Plant Ltd. RUSSIAN FEDERATION
Tin O.M. Manufacturing (Thailand) Co., Ltd. THAILAND
Tin O.M. Manufacturing Philippines, Inc. PHILIPPINES
Tin Operaciones Metalurgical S.A. BOLIVIA (PLURINATIONAL STATE OF)
Tin Operaciones Metalurgical S.A. INDONESIA
Phoenix Metal Ltd.
Tin Remark: According to the CFSI last update, this smelter (smelter ID CID002507) RWANDA
is no longer operating
Tin PT Alam Lestari Kencana INDONESIA
Tin PT Aries Kencana Sejahtera INDONESIA
Tin PT Artha Cipta Langgeng INDONESIA
Tin PT ATD Makmur Mandiri Jaya INDONESIA
Tin PT Babel Inti Perkasa INDONESIA
Tin PT Babel Surya Alam Lestari INDONESIA
Tin PT Ban
gka Kudai Tin
INDONESIA
Tin PT Ban
gka Prima Tin
INDONESIA
Tin PT Ban
gka Putra Kary
a
INDONESIA
Tin PT Bangka Timah Utama Sejahtera INDONESIA
Tin PT Bangka Tin Industry INDONESIA
Tin PT Belitung Industri Sejahtera INDONESIA
Tin PT BilliTin Makmur Lestar
i
INDONESIA
Tin PT Bukit Timah INDONESIA
Tin PT Cipta Persada Mulia INDONESIA
Tin PT DS Ja
ya Abad
i
INDONESIA
Tin PT Eunindo Usaha Mandir
i
INDONESIA
Tin PT Fan
g Di MulTindo
INDONESIA
Tin PT HP Metals Indonesia INDONESIA
Tin PT Inti Stania Prima INDONESIA
Tin PT Justindo INDONESIA
Tin PT Karimun Mining INDONESIA
Tin PT Kijang Jaya Mandir
i
INDONESIA
Tin PT Koba Tin INDONESIA
Tin PT Mitra Stania Prima INDONESIA
Tin PT O.M. Indonesia INDONESIA
Tin PT Panca Mega Persada INDONESIA
Tin PT Pelat Timah Nusantara Tb
k
INDONESIA
Tin PT Prima Timah Utama INDONESIA
Tin PT REFINED BANGKA TI
N
INDONESIA
Tin PT Sariwi
guna Binasentosa
INDONESIA
Tin PT Seirama Tin investment INDONESIA
Tin PT Stanindo Inti Perkasa INDONESIA
Tin PT Sukses Inti Makmu
r
INDONESIA
Tin PT Sumber Jaya Indah INDONESIA
Tin PT Supra Sukses Trinusa INDONESIA
Tin PT Timah (Persero) Tbk Kundu
r
INDONESIA
Tin PT Timah (Persero) Tbk Mento
k
INDONESIA
Tin PT Tinindo Inter Nusa INDONESIA
Tin PT Tirus Putra Mandir
i
INDONESIA
Tin PT Tomm
y Utama
INDONESIA
Tin PT Wahana Perkit Ja
y
a
INDONESIA
Tin PT Yinchendo Minin
g Industry
INDONESIA
Tin Resind Indústria e Comércio Ltda. BRAZI
L
Tin Rui Da Hun
g
TAIWAN, PROVINCE OF CHINA
Tin Samwha Group CHINA
Tin Shaoxing Tianlong Tin Materials Co., Lt
d
CHINA
Tin SIZER METALS PTE LT
D
SINGAPORE
Tin Soft Metais Ltda. BRAZI
L
Tin Super Liga
s
BRAZI
L
Tin Taicang City Nancang Metal Material Co.,Lt
d
CHINA
Tin Thaisarco THAILAN
D
Tin Tu
yen Quan
g Non-Ferrous Metals Joint Stock Compan
y
VIET NAM
Tin VQB Mineral and Tradin
g Grou
p JS
C
VIET NAM
Tin White Solder Metalur
gia e Mineração Ltda.
BRAZI
L
Tin Wilhelm Westmetal
l
GERMANY
Tin Yifen
g Tin Industr
y
(Chenzhou
) Co Lt
d
CHINA
Tin Yunnan Chengfeng Non-ferrous Metals Co., Ltd. CHINA
Tin Yunnan Tin Company Limite
d
CHINA

4. TUNGSTEN

Metal Smelter Name Country
Tungsten A.L.M.T. TUNGSTEN Corp. JAPAN
Tungsten ACL Metais Eireli BRAZIL
Tungsten Asia Tungsten Products Vietnam Ltd. VIET NAM
Tungsten Chenzhou Diamond Tungsten Products Co., Ltd. CHINA
Tungsten Chongyi Zhangyuan Tungsten Co., Ltd. CHINA
Tungsten Dayu Jincheng Tungsten Industry Co., Ltd. CHINA
Tungsten Dayu Weiliang Tungsten Co., Ltd. CHINA
Tungsten Fujian Jinxin Tungsten Co., Ltd. CHINA
Tungsten Ganxian Shirui New Material Co., Ltd. CHINA
Tungsten Ganzhou Haichuang W Co., Ltd CHINA
Tungsten Ganzhou Huaxing Tungsten Products Co., Ltd. CHINA
Tungsten Ganzhou Jiangwu Ferrotungsten Co., Ltd. CHINA
Tungsten Ganzhou Non-ferrous Metals Smelting Co., Ltd. CHINA
Tungsten Ganzhou Seadragon W & Mo Co., Ltd. CHINA
Tungsten Ganzhou Yatai Tungsten Co., Ltd. CHINA
Tungsten Global Tungsten & Powders Corp. USA
Tungsten Guangdong Xianglu Tungsten Co., Ltd. CHINA
Tungsten H.C. Starck GmbH GERMANY
Tungsten H.C. Starck Smelting GmbH & Co.KG GERMANY
Tungsten Hunan Chenzhou Mining Co., Ltd. CHINA
Tungsten Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji CHINA
Tungsten Hunan Chuangda Vanadium Tungsten Co., Ltd. Yanglin CHINA
Tungsten Hunan Chunchang Nonferrous Metals Co., Ltd. CHINA
Tungsten Hydrometallurg, JSC RUSSIAN FEDERATION
Tungsten Japan New Metals Co., Ltd. JAPAN
Tungsten Jiangwu H.C. Starck Tungsten Products Co., Ltd. CHINA
Tungsten Jiangxi Dayu Longxintai Tungsten Co., Ltd. CHINA
Tungsten Jiangxi Gan Bei Tungsten Co., Ltd. CHINA
Tungsten Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd. CHINA
Tungsten Jiangxi Richsea New Materials Co., Ltd. CHINA
Tungsten Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. CHINA
Tungsten Jiangxi Xinsheng Tungsten Industry Co., Ltd. CHINA
Tungsten Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd. CHINA
Tungsten Jiangxi Yaosheng Tungsten Co., Ltd. CHINA
Tungsten Kennametal Fallon USA
Tungsten Kennametal Huntsville USA
Tungsten Malipo Haiyu Tungsten Co., Ltd. CHINA
Tungsten Moliren Ltd RUSSIAN FEDERATION
Tungsten Niagara Refining LLC USA
Tun
gsten
Nui Phao H.C. Starck Tun
gsten Chemicals Manufacturin
g LL
C
VIET NAM
Tun
gsten
Philippine Chuan
gxin Industrial Co., Inc.
PHILIPPINE
S
Tun
gsten
Pobedit, JS
C
RUSSIAN FEDERATIO
N
Tungsten Sanher Tungsten Vietnam Co., Ltd. VIET NAM
Tungsten South-East Nonferrous Metal Company Limited of Hengyang City CHINA
Tungsten Tejing (Vietnam) Tungsten Co., Ltd. VIET NAM
Tungsten Unecha Refractory metals plant RUSSIAN FEDERATIO
N
Tungsten Vietnam Youngsun Tungsten Industry Co., Ltd. VIET NAM
Tungsten Wolfram Bergbau und Hütten AG AUSTRIA
Tun
gsten
Woltech Korea Co., Ltd. KOREA
(REPUBLIC OF
)
Tun
gsten
Xiamen Tun
gsten
(H.C.
) Co., Ltd.
CHINA
Tun
gsten
Xiamen Tun
gsten Co., Ltd.
CHINA
Tun
gsten
Xinfen
g Huarui Tun
gsten & Mol
ybdenum New Material Co., Ltd.
CHINA
Tun
gsten
Xinhai Rendan Shao
guan Tun
gsten Co., Ltd.
CHINA

Appendix B: Mines Country of Origin list

Argentina
Australia
Azerbaijan
Bangka
Bolivia
Brazil
Burkina Faso
Canada
Chile
China
Dominican Republic
Ecuador
Ethiopia
Germany
Ghana
Guinea
Guyana
Indonesia
Japan
Liberia
Malaysia
Mauritania
Peru
Philippines
Poland
Portugal
Russia
Rwanda
South Africa
Spain
Switzerland
Tanzania
Thailand
USA
Zimbabwe