SD

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM SD

 

 

Specialized Disclosure Report

 

 

MagnaChip Semiconductor Corporation

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-34791   83-0406195
(State or other jurisdiction of
incorporation or organization)
 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

c/o MagnaChip Semiconductor S.A.

1, Allée Scheffer, L-2520

Luxembourg, Grand Duchy of Luxembourg

(Address of principal executive offices)

 

 

Theodore S. Kim

Chief Compliance Officer, Executive Vice President, General Counsel and Secretary

c/o MagnaChip Semiconductor, Inc.

60 South Market Street, Suite 750

San Jose, CA 95113

Telephone: (408) 625-5999

Fax: (408) 625-5990

(Name and telephone number, including area code, of 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

 

Item 1.01. Conflict Minerals Disclosure and Report.

Conflict Minerals Disclosure

MagnaChip Semiconductor Corporation (including its consolidated subsidiaries, the “Company”) has conducted a good faith reasonable country of origin inquiry (“RCOI”) regarding the conflict minerals included in its products for the reporting period from January 1, 2016 to December 31, 2016. The results of the Company’s RCOI regarding the conflict minerals included in its products, as well as its additional due diligence regarding the sources of such conflict minerals, are contained in the Company’s Conflict Minerals Report, a copy of which is filed as Exhibit 1.01 to this Form SD, and is publicly available at http://www.magnachip.com/AboutUs/Policy.php. The content on, or accessible through, any web site referred to in this Form SD is not incorporated by reference into this Form SD unless expressly noted.

 

Item 1.02. Exhibit.

As specified in Section 2 of Form SD, the Company is hereby filing its Conflict Minerals Report required by Items 1.01 and 1.02 as Exhibit 1.01 to this Form SD.

Section 2. Exhibits

 

Item 2.01. Exhibits.

The following exhibit is filed as part of this Form SD.

 

Exhibit No.

  

Description

1.01    Conflict Minerals Report of MagnaChip Semiconductor Corporation for the reporting period from January 1, 2016 to December 31, 2016


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.

MAGNACHIP SEMICONDUCTOR

CORPORATION

By:      

  /s/ Theodore S. Kim

     

May 31, 2017

  Theodore S. Kim       (Date)
 

Chief Compliance Officer, Executive Vice

President, General Counsel and Secretary

     


EXHIBIT INDEX

 

Exhibit No.

  

Description

1.01    Conflict Minerals Report of MagnaChip Semiconductor Corporation for the reporting period from January 1, 2016 to December 31, 2016
EX-1.01

Exhibit 1.01

MagnaChip Semiconductor Corporation

Conflict Minerals Report

For the reporting period from January 1, 2016 to December 31, 2016

This Conflict Minerals Report (this “Report”) of MagnaChip Semiconductor Corporation (including its consolidated subsidiaries, the “Company”) has been prepared pursuant to Rule 13p-1 and Form SD promulgated under the Securities Exchange Act of 1934 for the reporting period from January 1, 2016 to December 31, 2016 (the “Reporting Period”).

Forward-looking statements contained in this Report are made based on known events and circumstances at the time of release, and as such, are subject in the future to unforeseen uncertainties and risks. Statements in this Report which express a belief, expectation or intention, as well as those that are not historical fact, are forward-looking statements, including statements related to the Company’s compliance efforts and expected actions identified in this Report. These forward-looking statements are subject to various risks, uncertainties and assumptions, including, among other matters, the Company’s customers’ requirements to use certain suppliers, the Company’s suppliers’ responsiveness and cooperation with the Company’s due diligence efforts, the Company’s ability to implement improvements in its conflict minerals program and the Company’s ability to identify and mitigate related risks in its supply chain. If one or more of these or other risks materialize, actual results may vary materially from those expressed.

Rule 13p-1, through Form SD, requires the disclosure of certain information if a company manufactures or contracts to manufacture products for which certain “conflict minerals” (as defined below) are necessary to the functionality or production of such products. Form SD defines “conflict minerals” as: (i)(a) columbite-tantalite (or coltan, the metal ore from which tantalum is extracted), (b) cassiterite (the metal ore from which tin is extracted), (c) gold and (d) wolframite (the metal ore from which tungsten is extracted), or their derivatives, which are currently limited to tantalum, tin and tungsten; or (ii) any other mineral or its derivatives determined by the U.S. Secretary of State to be financing conflict in the Democratic Republic of the Congo or an “adjoining country,” as such term is defined in Form SD (collectively, the “Covered Countries”).

The Company’s business is conducted through its Standard Products Group, which consists of the Display Solutions and Power Solutions business lines, and the Company’s Foundry Services Group.

 

    The Company’s Display Solutions products include source and gate drivers and timing controllers that cover a wide range of flat panel displays used in ultra high definition (UHD), high definition (HD), light emitting diode (LED), 3D and OLED televisions and displays, notebooks and mobile communications and entertainment devices.

 

    The Company’s Power Solutions products include metal oxide semiconductor field effect transistors (MOSFETs), insulated-gate bipolar transistors (IGBTs), power modules, AC-DC converters, DC-DC converters, LED drivers, switching regulators and linear regulators for a range of devices, including televisions, smartphones, mobile phones, desktop PCs, notebooks, tablet PCs, other consumer electronics, and industrial applications such as power suppliers, LED lighting, motor control and home appliances.

 

    The Company’s Foundry Services Group provides specialty analog and mixed-signal foundry services to fabless semiconductor companies and Integrated Device Manufacturer semiconductor companies that serve communications, Internet of Things, consumer, industrial and automotive applications.

The Company’s operations may at times manufacture, or contract to manufacture, products, including the products listed above, for which conflict minerals are necessary to the functionality or production of those products (collectively, the “products”).

As required by Form SD, the Company has conducted a good faith reasonable country of origin inquiry (“RCOI”) regarding the conflict minerals included in such products during the Reporting Period, which the Company refers to as the “Subject Minerals,” to determine whether any such Subject Minerals originated in the


Covered Countries and/or whether any of the Subject Minerals were from recycled or scrap sources. Where applicable, the Company has conducted additional due diligence regarding the sources of the Subject Minerals. The results of the Company’s RCOI regarding the Subject Minerals, as well as the Company’s additional due diligence regarding the sources of such Subject Minerals, are contained in this Report, which is publicly available at http://www.magnachip.com/AboutUs/Policy.php. The content on, or accessible through, any web site referred to in this Report is not incorporated by reference into this Report unless expressly noted.

 

1. RCOI and Due Diligence Process.

The Company has conducted a good faith RCOI regarding the Subject Minerals. This good faith RCOI was reasonably designed to determine whether any of the Subject Minerals originated in the Covered Countries and whether any of the Subject Minerals may be from recycled or scrap sources, in accordance with Form SD and related guidance provided by the Securities and Exchange Commission (the “SEC”). The Company also exercised due diligence on the source of the Subject Minerals. The Company’s due diligence measures have been designed to follow the framework in the Organization for Economic Co-operation and Development Due Diligence Guidance for Responsible Supply Chain of Minerals from Conflict-Affected and High Risk Areas: Second Edition, including the related supplements on gold, tin, tantalum and tungsten (the “OECD Guidelines”).

RCOI

The Company’s global supply chain is complex. In the course of its business operations, the Company may purchase materials and components containing conflict minerals. These materials and components may, in turn, be included in the Company’s products or products manufactured by the Company. Because the Company does not purchase conflict minerals directly from mines, smelters or refiners, there are many third parties in the supply chain between the Company and the original sources of conflict minerals. As a result, the Company relies on its suppliers and outsourcing manufacturers to provide information regarding the origin of any conflict minerals that are included in its products. In accordance with the OECD Guidelines and related guidance provided by the SEC, the Company worked with its suppliers and outsourcing manufacturers to identify, where possible, the smelters and countries of origin of the Subject Minerals.

During the Reporting Period, the Company worked to identify its Tier 1 suppliers and outsourcing manufacturers that it believed could potentially provide materials or components containing Subject Minerals (collectively, the “Covered Suppliers”) as part of its RCOI. The Company focused on its suppliers providing materials or components for products that the Company identified as containing Subject Minerals and all of its outsourcing manufacturers. During the Reporting Period, the Company asked the Covered Suppliers to complete and return the Conflict Minerals Reporting Template (“CMRT”) that was developed by the Conflict-Free Sourcing Initiative (the “CFSI”). The CFSI was founded by the Electronics Industry Citizenship Coalition (EICC) and the Global e-Sustainability Initiative (GeSI) and has grown into a multi-industry initiative addressing conflict mineral issues in the supply chain. The CMRT is a widely-used standard form to collect information through the supply chain, including the names of smelters and refiners of conflict minerals. The CFSI’s Conflict-Free Smelter Program (the “CFSP”) sponsors independent third-party audits of smelters and refiners of conflict minerals which determine the country of origin of minerals processed through those smelters and refiners.

Using a risk-based approach, the Company evaluated responses from the Covered Suppliers for plausibility, consistency, and gaps both in terms of which materials or components were stated to contain or not contain Subject Minerals, as well as the origin of those Subject Minerals.

The Company obtained representations from all of its Covered Suppliers, including completed CMRTs indicating the facilities at which the Subject Minerals were processed. Based on the information obtained pursuant to the RCOI process described above, however, the Company does not have sufficient information with respect to the Reporting Period to determine with specificity the country of origin of the Subject Minerals contained in the products. The Company’s RCOI procedures are an evolving process. See “Additional Due Diligence and Risk Mitigation” below for additional detail.


Due Diligence

The Company’s due diligence process is designed to follow the OECD Guidelines. Due diligence measures undertaken by the Company during the Reporting Period included the following:

Establish Strong Company Management Systems

Internal Team to Support Supply Chain Due Diligence.

The Company has an internal team, consisting of members from its supply management and legal departments, to manage conflict minerals engagement with its suppliers and outsourcing manufacturers. This team is charged with overseeing and driving conflict minerals compliance. This team also works with the Company’s other employees to provide training and guidance, receive and track responses and facilitate communication between departments with respect to compliance with the SEC’s reporting requirements regarding conflict minerals.

Internal Policy Developed to Establish Expectations of Suppliers.

The Company has adopted and published a position statement establishing the expectations of its suppliers and outsourcing manufacturers to responsibly source products on a conflict-free basis. The position statement can be found on the Company’s website at http://www.magnachip.com/AboutUs/Policy.php. The Company’s position statement will be periodically reviewed and updated as needed. The Company’s internal conflict minerals team also continually evaluates its supply agreements and purchasing procedures to determine whether additional contractual or other means of implementing the Company’s policy should be adopted as described below under “Additional Due Diligence and Risk Mitigation.”

Identify and Assess Risks in the Supply Chain

The Company continues to assess its supply chain risks and work with its suppliers and outsourcing manufacturers in developing greater supply chain transparency.

Design and Implement a Strategy to Respond to Identified Risks

The Company is committed to maintaining high standards of corporate responsibility through its compliance with Form SD. As required by Form SD, the Company is reporting the findings of its RCOI and additional due diligence measures through the preparation of this Report. The Company’s internal team that manages conflict minerals engagement with the Company’s suppliers and outsourcing manufacturers also works to address any significant due diligence findings as they arise.

Carry Out Independent Third-Party Audit of Smelter’s / Refiner’s Due Diligence Practices

Where possible, the Company has relied on third party assurances and certifications. For example, the Company accepts as reliable any smelter that is a member of the CFSP (in this Report, we refer to CSFP-compliant smelters as “Members”).

Report Annually on Supply Chain Due Diligence

This Report is publicly available at http://www.magnachip.com/AboutUs/Policy.php and meets the OECD recommendation to report annually on supply chain due diligence.

 

2. Due Diligence Results.

Based solely on the information obtained pursuant to the RCOI and due diligence process described above, including review of CMRTs completed by the Covered Suppliers in 2016, all 29 Covered Suppliers reported that they solely used Members for the Company’s products. However, the Company does not have sufficient information, with respect to the Reporting Period, to determine the known country of origin of the Subject Minerals because certain of the Covered Suppliers did not provide country of origin information for several smelters and refiners that those Covered Suppliers identified as being Members. Therefore, the Company is not able to determine that the Subject Minerals in the Company’s products came from recycled or scrap sources or did not come from the Covered Countries.


Any Covered Supplier’s failure to identify a specific facility/smelter and/or country of origin with respect to the Company’s products at any point in its supply chain will drive an equivalent response for the Company and, therefore, the Company is unable to report a complete list of facilities/smelters and/or countries of origin for the Subject Minerals at this time. The Company has, however, included in this Report a list of facilities that may have been used to process the Subject Minerals in the Company’s products as reported by the Covered Suppliers in their completed CMRTs, as noted in “Facilities Used to Process Subject Minerals and Country of Origin” below.

The Company expects to continue to implement and refine its conflict minerals program to improve its supply chain transparency by obtaining more accurate and more complete information from its suppliers and outsourcing manufacturers. See “Additional Due Diligence and Risk Mitigation” below for additional detail.

 

3. Additional Due Diligence and Risk Mitigation.

The Company expects to take the following steps, among others, to improve its RCOI process and due diligence measures:

Additional Terms and Conditions / Supplier Code of Conduct

Within the Company’s supplier relationships, the Company seeks to manage its sourcing processes ethically, and to hold the Company, its suppliers, and its outsourcing manufacturers to high standards of behavior. This means that the Company is committed to working with its suppliers and outsourcing manufacturers to encourage responsible practices throughout the supply network. The Company is working to strengthen its commitment to the responsible sourcing of conflict minerals, including by using the Company’s purchasing power and relationships to influence its suppliers and outsourcing manufacturers, and evaluating the use of specific terms and conditions in certain supply agreements and purchase orders. For example, the Company includes in its purchase order form a request that the supplier declare that all products supplied to the Company do not contain Subject Minerals that originate from the Covered Countries and that the supplier does not use smelters that have not been validated to be conflict free. The Company has also required certifications from its suppliers and outsourcing manufacturers that they will adhere to the Company’s conflict minerals policy and assist in its reporting requirements. The Company expects to continue to refine, develop and implement specific terms, conditions and expectations with its suppliers and outsourcing manufacturers that require, among other matters, that no materials or components supplied or manufactured on behalf of the Company contain any conflict minerals that directly or indirectly finance any armed group that has been identified as a perpetrator of human rights abuses.

Continuous Improvement of Supply Chain Due Diligence

The Company expects to continue to improve its supply chain due diligence efforts. Such measures may include, but are not limited to:

 

    assessing the presence of conflict minerals in its supply chain;

 

    clearly communicating expectations with regard to transparency of supplier sourcing of conflict minerals;

 

    increasing the detail and transparency of responses received in the RCOI and due diligence process, including by requesting that suppliers provide CMRTs twice a year;

 

    continuing to compare RCOI and due diligence results to information collected via independent conflict free smelter validation programs such as the CSFP; and

 

    contacting suppliers and outsourcing manufacturers regarding smelters identified as a result of the RCOI and due diligence process and request their participation in obtaining a “conflict free” designation from an industry program such as the CSFP.


4. Facilities Used to Process Subject Minerals and Country of Origin.

Based on the information obtained pursuant to the RCOI and due diligence process described above, the Company does not have sufficient information, with respect to the Reporting Period, to determine the known country of origin of the Subject Minerals, or whether the Subject Minerals in its products are from recycled or scrap sources, for the reasons described above under “Due Diligence Results.” Based on the information provided by the Covered Suppliers in their completed CMRTs however, the Company believes that facilities that may have been used to process the Subject Minerals in the Company’s products include the following smelters and refiners.

 

Subject Mineral

  

Smelter or Refiner Name

  

Country Location of

Smelter or Refiner

Gold

   Aida Chemical Industries Co., Ltd.    Japan

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

   Asaka Riken Co., Ltd.    Japan

Gold

   Aurubis AG    Germany

Gold

   Bangko Sentral ng Pilipinas (Central Bank of the Philippines)    Philippines

Gold

   Boliden AB    Sweden

Gold

   C. Hafner GmbH + Co. KG    Germany

Gold

   CCR Refinery - Glencore Canada Corporation    Canada

Gold

   Chimet S.p.A.    Italy

Gold

   DSC (Do Sung Corporation)    Korea (Republic of)

Gold

   DODUCO GmbH    Germany

Gold

   Dowa    Japan

Gold

   Eco-System Recycling Co., Ltd.    Japan

Gold

   OJSC Novosibirsk Refinery    Russian Federation

Gold

   Heimerle + Meule GmbH    Germany

Gold

   Heraeus Ltd. Hong Kong    China

Gold

   Heraeus Precious Metals GmbH & Co. KG    Germany

Gold

   Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.    China

Gold

   Ishifuku Metal Industry Co., Ltd.    Japan

Gold

   Istanbul Gold Refinery    Turkey

Gold

   Japan Mint    Japan

Gold

   Jiangxi Copper Co., Ltd.    China

Gold

   Asahi Refining USA Inc.    United States of America

Gold

   Asahi Refining Canada Ltd.    Canada

Gold

   JSC Ekaterinburg Non-Ferrous Metal Processing Plant    Russian Federation

Gold

   JSC Uralelectromed    Russian Federation

Gold

   JX Nippon Mining & Metals Co., Ltd.    Japan

Gold

   Kazzinc    Kazakhstan

Gold

   Kennecott Utah Copper LLC    United States of America

Gold

   Kojima Chemicals Co., Ltd.    Japan

Gold

   Kyrgyzaltyn JSC    Kyrgyzstan

Gold

   LS-NIKKO Copper Inc.    Korea (Republic of)


Gold

   Materion    United States of America

Gold

   Matsuda Sangyo Co., Ltd.    Japan

Gold

   Metalor Technologies (Hong Kong) Ltd.    China

Gold

   Metalor Technologies (Singapore) Pte., Ltd.    Singapore

Gold

   Metalor Technologies S.A.    Switzerland

Gold

   Metalor USA Refining Corporation    United States of America

Gold

   Metalúrgica Met-Mex Peñoles S.A. De C.V.    Mexico

Gold

   Mitsubishi Materials Corporation    Japan

Gold

   Mitsui Mining and Smelting Co., Ltd.    Japan

Gold

   Moscow Special Alloys Processing Plant    Russian Federation

Gold

   Nadir Metal Rafineri San. Ve Tic. A.Ş.    Turkey

Gold

   Nihon Material Co., Ltd.    Japan

Gold

   Ohura Precious Metal Industry Co., Ltd.    Japan

Gold

   OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet)    Russian Federation

Gold

   PAMP S.A.    Switzerland

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

   Royal Canadian Mint    Canada

Gold

   Samduck Precious Metals    Korea (Republic of)

Gold

   Schone Edelmetaal B.V.    Netherlands

Gold

   SEMPSA Joyería Platería S.A.    Spain

Gold

   Shandong Zhaojin Gold & Silver Refinery Co., Ltd.    China

Gold

   Sichuan Tianze Precious Metals Co., Ltd.    China

Gold

   SOE Shyolkovsky Factory of Secondary Precious Metals    Russian Federation

Gold

   Solar Applied Materials Technology Corp.    Taiwan, Province of China

Gold

   Sumitomo Metal Mining Co., Ltd.    Japan

Gold

   Tanaka Kikinzoku Kogyo K.K.    Japan

Gold

   The Refinery of Shandong Gold Mining Co., Ltd.    China

Gold

   Tokuriki Honten Co., Ltd.    Japan

Gold

   Torecom    Korea (Republic of)

Gold

   Umicore Brasil Ltda.    Brazil

Gold

   Umicore S.A. Business Unit Precious Metals Refining    Belgium

Gold

   United Precious Metal Refining, Inc.    United States of America

Gold

   Valcambi S.A.    Switzerland

Gold

   Western Australian Mint trading as The Perth Mint    Australia

Gold

   Yamamoto Precious Metal Co., Ltd.    Japan

Gold

   Yokohama Metal Co., Ltd.    Japan

Gold

   Zhongyuan Gold Smelter of Zhongjin Gold Corporation    China

Gold

   Zijin Mining Group Co., Ltd. Gold Refinery    China

Gold

   Umicore Precious Metals Thailand    Thailand

Gold

   MMTC-PAMP India Pvt., Ltd.    India


Gold

   Republic Metals Corporation    United States of America

Gold

   Singway Technology Co., Ltd.    Taiwan, Province of China

Gold

   T.C.A S.p.A    Italy

Gold

   Ögussa Österreichische Gold- und Silber-Scheideanstalt GmbH    Austria

Tantalum

   Changsha South Tantalum Niobium Co., Ltd.    China

Tantalum

   Conghua Tantalum and Niobium Smeltry    China

Tantalum

   Duoluoshan    China

Tantalum

   Exotech Inc.    United States of America

Tantalum

   F&X Electro-Materials Ltd.    China

Tantalum

   Guangdong Zhiyuan New Material Co., Ltd.    China

Tantalum

   Hi-Temp Specialty Metals, Inc.    United States of America

Tantalum

   JiuJiang JinXin Nonferrous Metals Co., Ltd.    China

Tantalum

   Jiujiang Tanbre Co., Ltd.    China

Tantalum

   LSM Brasil S.A.    Brazil

Tantalum

   Metallurgical Products India Pvt., Ltd.    India

Tantalum

   Mineração Taboca S.A.    Brazil

Tantalum

   Mitsui Mining & Smelting    Japan

Tantalum

   Molycorp Silmet A.S.    Estonia

Tantalum

   Ningxia Orient Tantalum Industry Co., Ltd.    China

Tantalum

   Solikamsk Magnesium Works OAO    Russian Federation

Tantalum

   Taki Chemical Co., Ltd.    Japan

Tantalum

   Telex Metals    United States of America

Tantalum

   Ulba Metallurgical Plant JSC    Kazakhstan

Tantalum

   Zhuzhou Cemented Carbide Group Co., Ltd.    China

Tantalum

   Yichun Jin Yang Rare Metal Co., Ltd.    China

Tantalum

   Hengyang King Xing Lifeng New Materials Co., Ltd.    China

Tantalum

   D Block Metals, LLC    United States of America

Tantalum

   FIR Metals & Resource Ltd.    China

Tantalum

   H.C. Starck Co., Ltd.    Thailand

Tantalum

   H.C. Starck GmbH Goslar    Germany

Tantalum

   H.C. Starck Hermsdorf GmbH    Germany

Tantalum

   H.C. Starck Inc.    United States of America

Tantalum

   H.C. Starck Ltd.    Japan

Tantalum

   H.C. Starck Smelting GmbH & Co. KG    Germany

Tantalum

   Global Advanced Metals Boyertown    United States of America

Tantalum

   Global Advanced Metals Aizu    Japan

Tin

   Jiangxi Ketai Advanced Material Co., Ltd.    China

Tin

   Alpha    United States of America

Tin

   Cooperativa Metalurgica de Rondônia Ltda.    Brazil

Tin

   CV Gita Pesona    Indonesia

Tin

   PT Aries Kencana Sejahtera    Indonesia

Tin

   CV Serumpun Sebalai    Indonesia

Tin

   CV United Smelting    Indonesia

Tin

   Dowa    Japan


Tin

   EM Vinto    Bolivia (Plurinational State of)

Tin

   Fenix Metals    Poland

Tin

   Gejiu Non-Ferrous Metal Processing Co., Ltd.    China

Tin

   China Tin Group Co., Ltd.    China

Tin

   Malaysia Smelting Corporation (MSC)    Malaysia

Tin

   Metallic Resources, Inc.    United States of America

Tin

   Mineração Taboca S.A.    Brazil

Tin

   Minsur    Peru

Tin

   Mitsubishi Materials Corporation    Japan

Tin

   O.M. Manufacturing (Thailand) Co., Ltd.    Thailand

Tin

   Operaciones Metalurgical S.A.    Bolivia (Plurinational State of)

Tin

   PT Artha Cipta Langgeng    Indonesia

Tin

   PT Babel Inti Perkasa    Indonesia

Tin

   PT Bangka Tin Industry    Indonesia

Tin

   PT Belitung Industri Sejahtera    Indonesia

Tin

   PT Bukit Timah    Indonesia

Tin

   PT DS Jaya Abadi    Indonesia

Tin

   PT Eunindo Usaha Mandiri    Indonesia

Tin

   PT Mitra Stania Prima    Indonesia

Tin

   PT Panca Mega Persada    Indonesia

Tin

   PT Prima Timah Utama    Indonesia

Tin

   PT Refined Bangka Tin    Indonesia

Tin

   PT Sariwiguna Binasentosa    Indonesia

Tin

   PT Stanindo Inti Perkasa    Indonesia

Tin

   PT Sumber Jaya Indah    Indonesia

Tin

   PT Timah (Persero) Tbk Kundur    Indonesia

Tin

   PT Timah (Persero) Tbk Mentok    Indonesia

Tin

   PT Tinindo Inter Nusa    Indonesia

Tin

   PT Tommy Utama    Indonesia

Tin

   Rui Da Hung    Taiwan, Province of China

Tin

   Soft Metais Ltda.    Brazil

Tin

   Thaisarco    Thailand

Tin

   VQB Mineral and Trading Group JSC    Viet Nam

Tin

   White Solder Metalurgia e Mineração Ltda.    Brazil

Tin

   Yunnan Tin Company Limited    China

Tin

   CV Venus Inti Perkasa    Indonesia

Tin

   Magnu’s Minerais Metais e Ligas Ltda.    Brazil

Tin

   Melt Metais e Ligas S.A.    Brazil

Tin

   PT ATD Makmur Mandiri Jaya    Indonesia

Tin

   O.M. Manufacturing Philippines, Inc.    Philippines

Tin

   PT Inti Stania Prima    Indonesia

Tin

   CV Ayi Jaya    Indonesia

Tin

   Resind Indústria e Comércio Ltda.    Brazil


Tin

   Metallo-Chimique N.V.    Belgium

Tin

   Elmet S.L.U.    Spain

Tin

   PT Bangka Prima Tin    Indonesia

Tin

   PT Sukses Inti Makmur    Indonesia

Tin

   PT Menara Cipta Mulia    Indonesia

Tin

   Gejiu Jinye Mineral Company    China

Tin

   PT Lautan Harmonis Sejahtera    Indonesia

Tin

   CNMC (Guangxi) PGMA Co., Ltd.    China

Tungsten

   A.L.M.T. TUNGSTEN Corp.    Japan

Tungsten

   Kennametal Huntsville    United States of America

Tungsten

   Guangdong Xianglu Tungsten Co., Ltd.    China

Tungsten

   Chongyi Zhangyuan Tungsten Co., Ltd.    China

Tungsten

   Fujian Jinxin Tungsten Co., Ltd.    China

Tungsten

   Global Tungsten & Powders Corp.    United States of America

Tungsten

   Hunan Chenzhou Mining Co., Ltd.    China

Tungsten

   Hunan Chunchang Nonferrous Metals Co., Ltd.    China

Tungsten

   Japan New Metals Co., Ltd.    Japan

Tungsten

   Ganzhou Huaxing Tungsten Products Co., Ltd.    China

Tungsten

   Kennametal Fallon    United States of America

Tungsten

   Tejing (Vietnam) Tungsten Co., Ltd.    Viet Nam

Tungsten

   Vietnam Youngsun Tungsten Industry Co., Ltd.    Viet Nam

Tungsten

   Wolfram Bergbau und Hütten AG    Austria

Tungsten

   Xiamen Tungsten Co., Ltd.    China

Tungsten

   Xinhai Rendan Shaoguan Tungsten Co., Ltd.    China

Tungsten

   Ganzhou Jiangwu Ferrotungsten Co., Ltd.    China

Tungsten

   Jiangxi Yaosheng Tungsten Co., Ltd.    China

Tungsten

   Jiangxi Xinsheng Tungsten Industry Co., Ltd.    China

Tungsten

   Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.    China

Tungsten

   Malipo Haiyu Tungsten Co., Ltd.    China

Tungsten

   Xiamen Tungsten (H.C.) Co., Ltd.    China

Tungsten

   Jiangxi Gan Bei Tungsten Co., Ltd.    China

Tungsten

   Ganzhou Seadragon W & Mo Co., Ltd.    China

Tungsten

   Chenzhou Diamond Tungsten Products Co., Ltd.    China

Tungsten

   H.C. Starck GmbH    Germany

Tungsten

   H.C. Starck Smelting GmbH & Co.KG    Germany

Tungsten

   Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC    Viet Nam

Tungsten

   Jiangwu H.C. Starck Tungsten Products Co., Ltd.    China

Tungsten

   Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji    China

Tungsten

   Niagara Refining LLC    United States of America

Tungsten

   Hydrometallurg, JSC    Russian Federation