Overview

Part of the Supply Chain policy of Thailand Smelting & Refining Co., Ltd. (Thaisarco) is to avoid purchasing all Conflict Minerals and Metals from its supply chain.

Conflict Minerals and Metals are materials which, through their mining, production, or supply, have either knowingly or inadvertently been of benefit to illegal armed groups or are in any way contributing to conflict or human rights abuses such as:

• Any forms of torture, cruel, inhuman and degrading treatment.
• Any forms of forced or compulsory labor.
• The worst forms of child labor.
• Other gross human rights violations and abuses such as widespread sexual violence.

Conflict-Free Commitment

All such materials are excluded from Thaisarco's supply chain and therefore from Thaisarco's products. Thaisarco's LME (London Metal Exchange) registered tin brands, "Phuket" and "Thaisarco", and all Thaisarco added value products can be categorised as conflict free.

Conflict Affected and High-Risk Areas (CAHRAs) are those defined by the Organisation of Economic Co-operation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas Third Edition (OECD Guidance).

Thaisarco's Conflict-Free Supply Chain Policy

• Purchase materials only from reputable suppliers with whom long relationships have been established or on whom adequate due diligence in terms of 'know your counterparty' protocols can be carried out.
• Due diligence will be conducted on the supplier and supply chain to ensure that the supply is genuine, legitimate, and does not contribute to conflict or human rights abuses.
• Thaisarco complies with both national and international law relating to Conflict Minerals, including UN Security Council Resolutions and the US Dodd-Frank Act.
• Thaisarco conforms to OECD Due Diligence for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, and the Responsible Minerals Initiative (RMI) Assurance Process Tin and Tantalum Standard.
• Thaisarco uses supply chain traceability schemes such as iTSCi tagging scheme, US and UN sanctions list for individuals or entities who may be involved with money laundering, non-payment of fees or taxes, etc., to help ensure transparency in the supply chain.
• Thaisarco personnel will make selected supplier site visits on a regular basis for audit purposes and to test plausibility.
• Thaisarco has a risk management strategy as defined by the OECD Guidance and tracks the performance of risk mitigation.
• Thaisarco will not offer, give or agree to give to any stakeholders any unlawful gift or consideration of any kind as an inducement or reward for securing tin ore, crude tin, or refined tin metal.

Policy Documents