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BRIEF-Apple Inc publishes 2016 Conflict Minerals report
May 5, 2017 / 12:26 PM / 7 months ago

BRIEF-Apple Inc publishes 2016 Conflict Minerals report

May 5 (Reuters) - Apple Inc:

* Apple Inc publishes 2016 Conflict Minerals report

* Says in 2016 all smelters in its supply chain participated in an independent third-party conflict minerals audit

* Says as of Dec 31, 2016, 96% of smelters in Apple’s supply chain had completed their audit and 4% were in the process of completing one

* Says at end of 2016 there were 250 smelters in its supply chain providing minerals used in its products including gold, coltan, cassiterite, wolframite, tantalum, tin, and tungsten

* Says urged smelters in its supply chain to complete the audit process & removed those unwilling to participate in an independent third-party conflict minerals audit

* Says in 2016, it directed removal of 22 smelters not willing to participate in or complete conflict minerals audit by company’s deadline

* Says believes continued pressure on smelters removed from supply chain previously for not participating in audit led to some smelters joining such programs in 2016

* Says in 2016, reviewed over 1,300 incidents, including human rights and security concerns, from reports generated through mining-industry body ITRI, local NGOs, and other reports

* Says 15 incidents potentially linked to smelters in supply chain occurred in which potential members of “armed groups” – as defined by Apple - were alleged to be involved

* Says with respect to the 15 incidents identified, it has not to date been able to determine whether conflict minerals were included in Apple’s products

* Says as of filing date of report, not all incidents in 2016 have been publicly reported, fully traced to minerals associated with smelters, resolved, or remediated

* Says in 2016, Apple continued its commitment to responsible sourcing of artisanal gold

* Says is supporting efforts to overcome challenges in exporting responsible artisanal gold from The Democratic Republic of the Congo to a major gold refiner

* Says continued to engage gold industry stakeholders, including banking and jewelry industry groups, for responsible gold sourcing

* Says company believes that all stakeholders in African Great Lakes region will need to heighten efforts to implement comprehensive due diligence programs Source text - ( Further company coverage:

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