Document

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________
Form SD
Specialized Disclosure Report


Finisar Corporation
(Exact name of registrant as specified in its charter)
Delaware
 
000-27999
 
94-3038428
(State or other jurisdiction of incorporation)
 
(Commission File No.)
 
(I.R.S. Employer Identification No.)

1389 Moffett Park Drive, Sunnyvale, CA 94089
(Address of principal executive offices)


Josh Shinnick (408) 548-1000
(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:
x Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2018.


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Section 1. Conflict Minerals Disclosure

Item 1.01. Conflict Minerals Disclosure and Report

This Form SD of Finisar Corporation (the “Company”) is filed pursuant to Rule 13p‑1 under the Securities Exchange Act of 1934 (the “Rule”) for the reporting period from January 1, 2018 to December 31, 2018.
The Company has determined that certain Conflict Minerals (as defined in Exhibit 1.01. the Introduction) are necessary to the functionality or production of certain products manufactured by the Company and has reason to believe that, during the period covered by this report, certain of such conflict minerals potentially originated in the Democratic Republic of the Congo (“the DRC”) and/or one or more of the countries that share an internationally recognized border with the DRC. Accordingly, the Company has prepared a Conflict Minerals Report, a copy of which is attached hereto as Exhibit 1.01. The Conflict Minerals Report is also publicly available on the Company’s website at www.finisar.com.
Item 1.02. Exhibit

As noted in item 1.01, the Company is filing its Conflict Minerals Report as Exhibit 1.01 to this report.
Section 2. Exhibits
The following exhibits are filed as a part of this report:
Exhibit 1.01 - Conflict Minerals Report of Finisar Corporation
Exhibit 1.02 – List of Smelters

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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 undersigned hereunto duly authorized.
Date: May 31, 2019
Finisar Corporation

By: /s/ Kurt Adzema
Kurt Adzema
Executive Vice President, Finance, and Chief Financial Officer


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Exhibit Index
Exhibit No.
 
Description
1.01
 
Conflict Minerals Report of Finisar Corporation
1.02
 
List of Smelters



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Finisar Corporation
Conflict Minerals Report
For the reporting period from January 1, 2018 to December 31, 2018
Introduction
This Conflict Minerals Report (this “Report”) of Finisar Corporation has been prepared pursuant to Rule 13p‑1 and Form SD promulgated under the Securities Exchange Act of 1934 (collectively, the “Rule”) for the reporting period from January 1, 2018 to December 31, 2018.
The Rule requires disclosure of certain information when a registrant manufactures or contracts to manufacture products for which the minerals specified in the Rule are necessary to the functionality or production of those products. The specified minerals, which are collectively referred to in this Report as “Conflict Minerals,” are gold, columbite-tantalite (coltan), cassiterite and wolframite, including their derivatives, which are limited to tantalum, tin and tungsten. The “Covered Countries” for the purposes of the Rule and this Report are the Democratic Republic of the Congo (“the DRC”), the Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania, Zambia and Angola. For purposes of this Report, reference to “Finisar,” “we,” “our” or the “Company” mean Finisar Corporation and its subsidiaries. As further described in this Report, certain of the Company’s operations manufacture, or contract to manufacture, products for which certain Conflict Minerals are necessary to the functionality or production of those products.
The Company and its Products
The Company is a leading provider of optical subsystems and components that are incorporated by its customers into larger systems used in a variety of data communication and telecommunication applications.
Subsystem Products: The Company’s optical subsystems provide the fundamental optical-electrical, or optoelectronic, interface for interconnecting the equipment used in wireline and wireless communication networks, including switches, routers and servers. These products rely on the use of semiconductor lasers and photodetectors in conjunction with integrated circuits, or ICs, and optoelectronic packaging to provide a cost-effective means for transmitting and receiving digital signals over fiber optic cable at speeds ranging from less than 1 gigabit per second, or Gbps, to more than 100 Gbps, over distances of less than 10 meters to more than 2,000 kilometers. These optical subsystems include the following products:
Transmitters which use a laser plus direct or indirect modulation to convert electrical signals into optical signals for transmission over fiber optics;
Receivers which incorporate photodetectors and convert incoming optical signals into electrical signals;
Transceivers which combine both transmitter and receiver functions in a single device;
Transponders which include a data serializer-deserializer function that would otherwise reside in the customer’s equipment if a transceiver were used; and
Active Optical Cables that combine two transceivers and a fiber optic cable that are built into an integrated cable assembly.

The Company’s optical subsystem products support a wide range of network protocols, transmission speeds, fiber types, wavelengths, transmission distances, physical configurations and software enhancements.
The Company also offers products known as wavelength selective switches, or WSS. In long-haul and metro networks, each fiber may carry 50 to 100 different high-speed optical channels, each with its own specific optical wavelength. WSS are switches that are used to dynamically switch network traffic from one optical fiber to multiple other fibers without first converting the optical signal to an electronic signal. The wavelength selective feature means the WSS enable any wavelength or combination of wavelengths to be switched from the input fiber to the output fibers. WSS products are sometimes combined with other components and sold as linecards that plug into a system chassis referred to as a Reconfigurable Optical Add-Drop Multiplexer (ROADM).

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Component Products: The Company manufactures a number of active and passive optical components including vertical cavity surface emitting lasers (VCSELs), Fabry-Perot, (FP) lasers, distributed feedback (DFB) lasers, tunable lasers, positive intrinsic negative (PIN), detectors, fused fiber couplers, isolators, filters, polarization beam combiners, interleavers, splitters and amplifiers. Most of these optical components are used internally in the manufacture of the Company’s optical subsystems. Some of these components are also sold in the so-called “merchant market” to other subsystems manufacturers.
Covered Products: This report relates to products: (i) for which Conflict Minerals are necessary to the functionality or production of the product; (ii) that were manufactured, or contracted to be manufactured, by the Company and (iii) for which the manufacture was completed during calendar year 2018. These products, which are referred to in this Report collectively as “Covered Products” consist of all of the Company’s subsystem products and component products.
Manufacturing and Supply Chain
We manufacture most of our optical subsystems at our production facilities in Ipoh, Malaysia and Wuxi, China. We manufacture short wavelength parallel optical transceiver products and certain passive optical components used in our long wavelength transceiver products, as well as ROADM line cards products and WSS assemblies, at our facility in Shanghai, China. We also manufacture WSS products at our facility near Sydney, Australia. We conduct a substantial portion of our new product introduction activities at our Sunnyvale, California, Horsham, Pennsylvania, and Sydney, Australia facilities. We also conduct a portion of our new product introduction operations at our Ipoh and Shanghai facilities. We conduct wafer fabrication operations for the manufacture of VCSELs used in short wavelength transceiver products at our facility in Allen, Texas. We conduct wafer fabrication operations for the manufacture of long wavelength FP and DFB lasers at our facility in Fremont, California. We conduct wafer fabrication operations for the manufacture of VCSELs used in 3D facial recognition, automotive in-cabin sensing and automotive LIDAR at our facility in Sherman, Texas. We conduct wafer fabrication operations for the manufacturing of tunable lasers and photonic integrated circuits (PICs), in our facility in Järfälla, Sweden. We use contract manufacturers for a portion of our manufacturing needs, primarily printed circuit board assemblies.
Supply chain management is coordinated from our Sunnyvale, California facility and our international purchasing office in Shenzhen, China. Our supply chain is complex. The majority of the commercially available off-the-shelf components used in our products are purchased through distributors. As such, Finisar may not have a direct relationship with the supplier(s). Our component suppliers and their respective sub-tier suppliers are principally responsible for the procurement of the raw materials used in the manufacture of the components used in our Covered Products. Raw materials purchased by our direct and indirect suppliers contain minerals, including Conflict Minerals, obtained from smelters or refiners that, in turn, source those minerals from brokers and/or traders who procure minerals from various countries. Because we do not purchase materials directly from these smelters and refiners, we have relied on our suppliers, and on information available from industry sources, for purposes of this Report.
Reasonable Country of Origin Inquiry
Beginning in 2011, we have conducted an annual, good faith Reasonable Country of Origin Inquiry (RCOI) regarding the Conflict Minerals used in, or in connection with, the production of the Covered Products. The RCOI was reasonably designed to determine whether any Conflict Minerals originated in the Covered Countries and whether any Conflict Minerals may have come from recycled or scrap sources. This investigation uses the Responsible Minerals Initiative’s (RMI, www.responsiblemineralsinitiative.org ) Conflict Minerals Reporting Template (CMRT) for gathering data from our suppliers.
Finisar’s supply chain spend data consistently shows that 90% of our supply chain spend is with our top 100 suppliers as ranked by total spend. Accordingly, the “Top 100” Suppliers was established as the starting point for the scope of the conflict minerals RCOI survey. Expanding the survey effort to cover 100% of spend increases the scope to ~900 suppliers. The scope is adjusted to include those suppliers who may have been in the “Top 100” in a prior year - and are now ranked below #100. Suppliers may be removed from the database if: they cease operations, are purchased by another organization, or if the level of Finisar’s business with them falls so low, there is no value in keeping that supplier active in the survey Additionally, a few of the “Top 100” rankings are claimed by component distributors. Therefore, Finisar expands the survey to include those suppliers whose components are purchased through any distributor in the “Top 100”.
For 2018, our sixth year of supply chain surveys regarding conflict minerals, the survey covered 133 active suppliers.
Despite year-over-year improvements in supply chain transparency and RCOI data quality, we do not have complete information regarding the potential presence of conflict minerals across our supply chain. In 2018, many suppliers (65 of

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133, 49%) provided company-level conflict minerals declarations. However, we also saw an increase in the number of suppliers who were able to provide more focused, product-level conflict mineral declarations (44 of 133, 33%), which improves the overall data accuracy for Finisar’s consolidated report. For those suppliers who provide, company-wide reports, such reports do not identify which smelters specifically are used in the sourcing for the specific products supplied to Finisar. Therefore, Finisar reports all smelters, as being potentially in our supply chain, with any minerals originating in the conflict region as potentially supplied to Finisar. The results of our RCOI, program metrics, and due diligence efforts consider these limitations. By preferring a company-level CMRT whenever possible, our conflict minerals reporting addresses the status of our supply chain, even as the specific components sourced from each supplier may change throughout the year.
Considering the 133 suppliers in the CY2018 database, suppliers’ responses to Question 2 from the CMRT Declaration, “Does any 3TG remains in the products?”, shows that:
99 of our direct suppliers confirmed the use of gold, tin, tantalum, or tungsten in the products supplied to Finisar;
34 of our direct suppliers reported that the products supplied to Finisar do not include any gold, tin, tantalum, or tungsten;
Table 1, below, summarizes our suppliers’ responses to Question 5 from the CMRT Declaration, (“What percentage of relevant supplier have provided a response to your supply chain survey?”)
Table 1: Percentage of Supplier Reporting 100% of Smelters Identified
Mineral
Identified 100%
Identified <100%
Other*
Gold
81
61%
—%
52
39%
Tin
74
56%
—%
59
44%
Tungsten
48
36%
—%
85
64%
Tantalum
58
44%
—%
75
56%
*Other includes "not answered" and "not applicable"
In total, our suppliers identified 245 legitimate smelters (by RMI identification number, or CID) who reported ore country of origin locations in 38 countries. The geographic profile based on the smelter data, shows that 0.8% of the Gold smelters identified by Finisar suppliers are located in Africa, including Covered Countries and non-covered countries - specifically South Africa. Table 2 and Table 3 below summarize the findings from our 2018 Reasonable Country of Origin Inquiry, based on unique CID. Smelter status was updated to reflect the information listed in the RMI database as of 27th-March-2019:
Table 2: Percent Compliant per Mineral
 
Table 3: Smelter Status as per RMI Members' Access Database
Mineral
Compliant
Not yet
Compliant
Percent Compliant
 
Smelter Status, 27-March-2019
Qty
Pctg
Gold
99
100%
 
Conformant
243
99.2%
Tin
68
1
99%
 
On the RMAP Active List
1
0.4%
Tungsten
38
100%
 
In Communication with RMAP
—%
Tantalum
39
100%
 
Outreach Needed - push to join RMAP
—%
Total
244
1
 
 
Other Status
—%
 
 
 
 
 
Non Conformant
1
0.4%
 
 
 
 
 
Total
245
100%
At the end of CY2014, in an effort to drive improvement through the supply chain, we established internal goals for improving the “percent compliant” position of each mineral, with the aim of driving more smelters to achieve RMAP compliance, and for our supply chain to source more material from RMI-compliant smelters. The CY2018 goals were met or exceeded for Gold, Tungsten, and Tantalum.

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Table 4: Three-Year Trends for Percent Compliant Smelter – Goals and Results
Mineral
CY16 Goal
CY16 Results
CY16 Goal Achieved?
CY17 Goal
CY17 Results
CY17 Goal Achieved?
CY18 Goal
CY18 Results
CY18 Goal Achieved?
Gold
75%
77%
Yes
85%
96%
Yes
97%
100%
Yes
Tin
85%
82%
No
90%
100%
Yes
100%
99%
No
Tungsten
80%
90%
Yes
100%
100%
Yes
100%
100%
Yes
Tantalum
100%
100%
Yes
100%
100%
Yes
100%
100%
Yes
Due Diligence Process
On the basis of the findings in our RCOI, we conducted a broader due diligence investigation regarding the source and chain of custody of the Conflict Minerals used in the Covered Products. The Company’s due diligence measures have been designed to conform to the framework in the Organization of 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 Guidance”). The OECD Guidance specifies a five-step framework for risk-based due diligence for responsible supply chains of minerals sourced from conflict-affected and high-risk areas.
Step 1: Establish Strong Company Management Systems.
The first step in the OECD framework is to establish strong internal systems, including record-keeping and chain of custody tracking and/or traceability systems. To implement Step 1, we have taken the following actions:
In April 2011, we adopted our Conflict Minerals policy, which was revised in 2012, 2014 and 2016. The current policy statement is posted on our website (www.finisar.com ). The October 2014 revision clarified our corporate policy to not purchase from known conflict sources, and our expectation that our suppliers abide by the same standard. Further, this policy established the corporate goal to purchase from only responsible, conflict-free sources, as validated by the Responsible Minerals Initiative (the "RMI");
We established a cross-functional Conflict Minerals Working Group under the direction of our Global Quality System Director and including representatives of our Legal, Finance, Global Supply Chain, and Internal Audit Departments. This group reports its activities to our executive management at quarterly-scheduled meetings and bi-annually to the Audit Committee of our Board of Directors;
We adopted our Conflict Minerals Due Diligence and Reporting procedure in 2013 to receive inquiries and grievances regarding our conflict minerals programs and practices. This procedure was refined in February, 2014 to define the requirements regarding follow-up investigations after the report of alleged suspect conflict sources, and in October 2014 to incorporate best-practices identified from the September 2014 RMI member workshop. The July-2016 update to our procedure incorporated feedback learned through the RMAP peer-review program offered by RMII’s Due Diligences Practices team following the May-2016 filing deadline;
We communicated the Company Policy to our direct suppliers and requested that they conduct their own RCOI and return a completed RMI Conflict Minerals Reporting Template. In 2014, we added the topic of Conflict Minerals to our Supplier Assessment process in our supply chain to better understand and assess our suppliers’ RCOI and due diligence efforts regarding Conflict Minerals.
Step 2: Identify and Assess Risk in the Supply Chain.
The second step in the OECD framework requires an assessment of conflict-related risks in the supply chain. To implement Step 2, we have taken the following actions:
Following the process designed in 2012, we compiled a list of our top 100 suppliers based on FY18 spend data. Each of these suppliers received a request for a current assessment using the CMRT to report the up-stream smelters and refiners for tin, tungsten, tantalum, and/or gold. Suppliers, were sent follow-up inquiries if survey answers were inconsistent or incomplete, or if the accompanying smelter list required review and clarification;
The supplier responses for smelter and mine data were de-duplicated to develop a single smelter list. We used our suppliers’ responses to identify smelters, refiners and country of origin data;

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We followed the guidelines established by the Responsible Minerals Initiative (www.responsibleminerals.org), and referenced the RMI master smelter database to confirm compliance status for each smelter reported from our supply chain. This database is queried periodically to update smelter status for follow-up reports and due diligence efforts; and,
We established a follow up investigation procedure to respond to customers’ or other interested parties’ inquiries regarding potential suspect suppliers. If we become aware of concerns about suspect mineral sourcing, we require the supplier purchasing from the suspect source to investigate and conduct traceability of materials, implement corrective actions if necessary, and provide assurance of a conflict-free supply chain.
Step 3: Design and Implement a Strategy to Respond to Identified Risks.
The third step in the OECD framework is the development of a strategy to mitigate and regularly monitor risks in the supply chain. To implement Step 3, we have taken the following actions:
We have developed procedures for sending supply-chain inquiries to our top 100+ suppliers on an annual basis, reviewing their responses, consolidating the information in a central database, and conducting follow-up inquiries and/or action items to address any incomplete or inconsistent responses;
We continue to follow and consult the RBA guidelines, RMI, and other industry-sponsored programs, events, and best practices. In September 2014, Finisar became a member of RMI in order to leverage the research and data analysis available to member companies as part of our Conflict Free RCOI and due diligence efforts. Additionally we began participating in an informal working group comprised of several similarly situated Silicon Valley companies. The aim of this group is to share insights and best practices regarding RCOI, data management, and due diligence efforts around issues of supply chain transparency and ethical sourcing, including conflict minerals;
We report information on the sources and chain of custody of Conflict Minerals used in our products to our executive management and the Audit Committee of our Board of Directors;
We require our suppliers to conduct investigations of any smelters identified as high-risk and work with our suppliers to address compliance issues and to transition their processing to RMAP compliant smelters; and
We will take appropriate action, including the discontinuation of the supply relationships, when we determine that our suppliers are not adhering to the Company Policy.
Step 4: Carry Out Independent Third-Party Audit of Supply Chain Due Diligence.
The fourth step in the OECD framework is to obtain audits of due diligence practices employed by smelters and refiners supplying minerals from conflict-affected and high-risk areas. Because we do not source Conflict Minerals directly from smelters or other processing facilities, we rely on third parties, including the RMI, to coordinate and conduct third-party audits of these facilities. We rely upon the published results of these third-party audits to validate the responsible sourcing practices of the smelters and other processing facilities in our supply chain.
Step 5: Report on Supply Chain Due Diligence.
The fifth step in the OECD framework requires companies to publicly report on their supply chain due diligence policies and practices. To implement Step 5, have taken or intend to take the following actions:
We will file an annual report with the Securities and Exchange Commission (SEC) on Form SD, together with any required Conflict Minerals Report and report of independent private sector auditor;
We will make all such SEC reports available on our website;
We will provide our RMI Conflict Minerals Reporting template to customers and other qualified interested parties upon request.
Additionally, we may refer to our conflict minerals program, as appropriate, in other public statements reports filed with the SEC.


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Conflict Minerals Smelters and Refiners
Based on the CY2018 information reported by our direct suppliers, the top five smelter locations by country, consolidated for all four minerals, were China, Indonesia, Japan, Brazil and Germany.
Table 5: Geographic Profile of Smelter Locations
 
Americas
Europe
Asia / Pacific
Africa
Gold
15
29
53
2
Tin
11
3
55
Tungsten
5
3
30
Tantalum
11
5
23
Country of Origin of Conflict Materials in the Covered Products
Based on the information provided by our direct suppliers, and otherwise obtained to date through the due diligence process described above, we have reason to believe that some of the Conflict Minerals necessary to the functionality or production of the Covered Products originated from the Covered Countries. Although at this time we cannot give any firm assurance, based on the findings from our RCOI, Finisar is not aware of any of its products containing Conflict Minerals whose mining, smelting, or refining has benefited armed conflict and other human rights or environmental abuses in any of the Covered Countries.
Further Steps in Our Due Diligence Process
For 2019, the Company plans to take the following steps, among others, to improve its due diligence process and to further mitigate the risk that the Conflict Minerals necessary to the functionality or production of the Covered Products benefits armed conflict and other human rights or environmental abuses in any of the Covered Countries:
We will continue to engage with our direct suppliers and, in partnership with those suppliers, engage with their supply chain, smelters and processing facilities, to obtain current, accurate and complete information regarding our Conflict Mineral sources;
We will continue to encourage our direct suppliers to adhere to Finisar’s Ethical Souring and Conflict Minerals Policy, to refine their own due diligence program, and to encourage smelters in the supply chain to obtain a “conflict-free” designation from an independent, third-party audit program;
We will advise our suppliers that we intend to cease doing business with suppliers who continue to source Conflict Minerals from smelters that are not confirmed as “conflict-free” or actively engaged with RMAP, with a clear roadmap and timeline to become compliant;
For CY2019, we will continue our annual survey of all active suppliers surveyed in a prior year and the current year’s "Top 100" suppliers, based on the framework described in Step 2. This survey will leverage the recently updated CMRT version 5.11 and its updated smelter identification look-up tables. Additional due diligence inquiries will be based on a supplier’s answers to survey questions, and the smelters / countries named in their declaration; and,
Our on-going follow-up efforts will continue toward on improving the “percent compliant” position for each of the four minerals (see Table 4, on Pg. 4). Our CY2019 goals for each mineral are: Tantalum = 100%, Tin = 100%, Tungsten = 100%, and Gold = 100%, sourcing from compliant smelters.


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Exhibit 1.02 - List of Smelters -- Consolidated Results from 2017 Survey Responses
Metal
CID#
Country
Smelter Name
Audit Status per RMI
database 27th-Mar-2019
Gold
CID000711
GERMANY
Heraeus Precious Metals GmbH & Co. KG
Conformant
Gold
CID000920
UNITED STATES OF AMERICA
Asahi Refining USA Inc.
Conformant
Gold
CID000035
GERMANY
Allgemeine Gold-und Silberscheideanstalt A.G.
Conformant
Gold
CID000058
BRAZIL
AngloGold Ashanti Corrego do Sitio Mineracao
Conformant
Gold
CID000019
JAPAN
Aida Chemical Industries Co., Ltd.
Conformant
Gold
CID000041
UZBEKISTAN
Almalyk Mining and Metallurgical Complex (AMMC)
Conformant
Gold
CID000090
JAPAN
Asaka Riken Co., Ltd.
Conformant
Gold
CID000113
GERMANY
Aurubis AG
Conformant
Gold
CID000128
PHILIPPINES
Bangko Sentral ng Pilipinas (Central Bank of the Philippines)
Conformant
Gold
CID000157
SWEDEN
Boliden AB
Conformant
Gold
CID000176
GERMANY
C. Hafner GmbH + Co. KG
Conformant
Gold
CID000185
CANADA
CCR Refinery - Glencore Canada Corporation
Conformant
Gold
CID000233
ITALY
Chimet S.p.A.
Conformant
Gold
CID000328
KOREA, REPUBLIC OF
Daejin Indus Co., Ltd.
Conformant
Gold
CID000359
KOREA, REPUBLIC OF
DSC (Do Sung Corporation)
Conformant
Gold
CID000362
GERMANY
DODUCO Contacts and Refining GmbH
Conformant
Gold
CID000401
JAPAN
Dowa
Conformant
Gold
CID000425
JAPAN
Eco-System Recycling Co., Ltd.
Conformant
Gold
CID000493
RUSSIAN FEDERATION
OJSC Novosibirsk Refinery
Conformant
Gold
CID000694
GERMANY
Heimerle + Meule GmbH
Conformant
Gold
CID000707
CHINA
Heraeus Metals Hong Kong Ltd.
Conformant
Gold
CID000807
JAPAN
Ishifuku Metal Industry Co., Ltd.
Conformant
Gold
CID000814
TURKEY
Istanbul Gold Refinery
Conformant
Gold
CID000823
JAPAN
Japan Mint
Conformant
Gold
CID000855
CHINA
Jiangxi Copper Co., Ltd.
Conformant
Gold
CID000929
RUSSIAN FEDERATION
JSC Uralelectromed
Conformant
Gold
CID000937
JAPAN
JX Nippon Mining & Metals Co., Ltd.
Conformant
Gold
CID000957
KAZAKHSTAN
Kazzinc
Conformant
Gold
CID000969
UNITED STATES
Kennecott Utah Copper LLC
Conformant
Gold
CID000981
JAPAN
Kojima Chemicals Co., Ltd.
Conformant
Gold
CID001029
KYRGYZSTAN
Kyrgyzaltyn JSC
Conformant
Gold
CID001078
KOREA, REPUBLIC OF
LS-NIKKO Copper Inc.
Conformant
Gold
CID001113
UNITED STATES
Materion
Conformant
Gold
CID001119
JAPAN
Matsuda Sangyo Co., Ltd.
Conformant
Gold
CID001147
CHINA
Metalor Technologies (Suzhou) Ltd.
Conformant
Gold
CID001149
HONG KONG
Metalor Technologies (Hong Kong) Ltd.
Conformant
Gold
CID001152
SINGAPORE
Metalor Technologies (Singapore) Pte., Ltd.
Conformant
Gold
CID001157
UNITED STATES
Metalor USA Refining Corporation
Conformant
Gold
CID001188
JAPAN
Mitsubishi Materials Corporation
Conformant
Gold
CID001193
JAPAN
Mitsui Mining and Smelting Co., Ltd.
Conformant
Gold
CID001204
RUSSIAN FEDERATION
Moscow Special Alloys Processing Plant
Conformant
Gold
CID001220
TURKEY
Nadir Metal Rafineri San. Ve Tic. A.S.
Conformant
Gold
CID001259
JAPAN
Nihon Material Co., Ltd.
Conformant
Gold
CID001325
JAPAN
Ohura Precious Metal Industry Co., Ltd.
Conformant
Gold
CID001386
RUSSIAN FEDERATION
Prioksky Plant of Non-Ferrous Metals
Conformant

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Metal
CID#
Country
Smelter Name
Audit Status per RMI
database 27th-Mar-2019
Gold
CID001397
INDONESIA
PT Aneka Tambang (Persero) Tbk
Conformant
Gold
CID001512
SOUTH AFRICA
Rand Refinery (Pty) Ltd.
Conformant
Gold
CID001534
CANADA
Royal Canadian Mint
Conformant
Gold
CID001555
KOREA, REPUBLIC OF
Samduck Precious Metals
Conformant
Gold
CID001622
CHINA
Shandong Zhaojin Gold & Silver Refinery Co., Ltd.
Conformant
Gold
CID001756
RUSSIAN FEDERATION
SOE Shyolkovsky Factory of Secondary Precious Metals
Conformant
Gold
CID001761
TAIWAN
Solar Applied Materials Technology Corp.
Conformant
Gold
CID001798
JAPAN
Sumitomo Metal Mining Co., Ltd.
Conformant
Gold
CID001875
JAPAN
Tanaka Kikinzoku Kogyo K.K.
Conformant
Gold
CID001916
CHINA
The Refinery of Shandong Gold Mining Co., Ltd.
Conformant
Gold
CID001938
JAPAN
Tokuriki Honten Co., Ltd.
Conformant
Gold
CID001955
KOREA, REPUBLIC OF
Torecom
Conformant
Gold
CID001977
BRAZIL
Umicore Brasil Ltda.
Conformant
Gold
CID001993
UNITED STATES
United Precious Metal Refining, Inc.
Conformant
Gold
CID002100
JAPAN
Yamakin Co., Ltd.
Conformant
Gold
CID002129
JAPAN
Yokohama Metal Co., Ltd.
Conformant
Gold
CID002224
CHINA
Zhongyuan Gold Smelter of Zhongjin Gold Corporation
Conformant
Gold
CID002243
CHINA
Gold Refinery of Zijin Mining Group Co., Ltd.
Conformant
Gold
CID002314
THAILAND
Umicore Precious Metals Thailand
Conformant
Gold
CID000015
UNITED STATES
Advanced Chemical Company
Conformant
Gold
CID002560
UNITED ARAB EMIRATES
Al Etihad Gold Refinery DMCC
Conformant
Gold
CID002561
UNITED ARAB EMIRATES
Emirates Gold DMCC
Conformant
Gold
CID002459
UNITED STATES
Geib Refining Corporation
Conformant
Gold
CID002509
INDIA
MMTC-PAMP India Pvt., Ltd.
Conformant
Gold
CID001326
RUSSIAN FEDERATION
OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet)
Conformant
Gold
CID002777
GERMANY
SAXONIA Edelmetalle GmbH
Conformant
Gold
CID001736
CHINA
Sichuan Tianze Precious Metals Co., Ltd.
Conformant
Gold
CID002516
TAIWAN
Singway Technology Co., Ltd.
Conformant
Gold
CID002580
ITALY
T.C.A S.p.A
Conformant
Gold
CID002778
GERMANY
WIELAND Edelmetalle GmbH
Conformant
Gold
CID002779
AUSTRIA
Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH
Conformant
Gold
CID000077
SWITZERLAND
Argor-Heraeus S.A.
Conformant
Gold
CID000082
JAPAN
Asahi Pretec Corp.
Conformant
Gold
CID000924
CANADA
Asahi Refining Canada Ltd.
Conformant
Gold
CID000801
CHINA
Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.
Conformant
Gold
CID002605
KOREA, REPUBLIC OF
Korea Zinc Co., Ltd.
Conformant
Gold
CID001153
SWITZERLAND
Metalor Technologies S.A.
Conformant
Gold
CID001161
MEXICO
Metalurgica Met-Mex Penoles S.A. De C.V.
Conformant
Gold
CID001352
SWITZERLAND
PAMP S.A.
Conformant
Gold
CID001498
SWITZERLAND
PX Precinox S.A.
Conformant
Gold
CID001585
SPAIN
SEMPSA Joyeria Plateria S.A.
Conformant
Gold
CID001980
BELGIUM
Umicore S.A. Business Unit Precious Metals Refining
Conformant
Gold
CID002003
SWITZERLAND
Valcambi S.A.
Conformant

8



Metal
CID#
Country
Smelter Name
Audit Status per RMI
database 27th-Mar-2019
Gold
CID002030
AUSTRALIA
Western Australian Mint (T/a The Perth Mint)
Conformant
Gold
CID002850
SOUTH AFRICA
AU Traders and Refiners
Conformant
Gold
CID002761
FRANCE
SAAMP
Conformant
Gold
CID000189
SWITZERLAND
Cendres + Metaux S.A.
Conformant
Gold
CID000689
KOREA, REPUBLIC OF
HeeSung Metal Ltd.
Conformant
Gold
CID002765
ITALY
Italpreziosi
Conformant
Gold
CID002606
BRAZIL
Marsam Metals
Conformant
Gold
CID002919
CHILE
Planta Recuperadora de Metales SpA
Conformant
Gold
CID002973
ITALY
Safimet S.p.A
Conformant
Gold
CID002918
KOREA, REPUBLIC OF
SungEel HiMetal Co., Ltd.
Conformant
Gold
CID002511
POLAND
KGHM Polska Miedz Spolka Akcyjna
Active
Tantalum
CID002548
UNITED STATES OF AMERICA
H.C. Starck Inc.
Conformant
Tantalum
CID002547
GERMANY
H.C. Starck Hermsdorf GmbH
Conformant
Tantalum
CID000914
CHINA
JiuJiang JinXin Nonferrous Metals Co., Ltd.
Conformant
Tantalum
CID002506
CHINA
Jiujiang Zhongao Tantalum & Niobium Co., Ltd.
Conformant
Tantalum
CID000211
CHINA
Changsha South Tantalum Niobium Co., Ltd.
Conformant
Tantalum
CID000291
CHINA
Guangdong Rising Rare Metals-EO Materials Ltd.
Conformant
Tantalum
CID002504
UNITED STATES OF AMERICA
D Block Metals, LLC
Conformant
Tantalum
CID000456
UNITED STATES OF AMERICA
Exotech Inc.
Conformant
Tantalum
CID000460
CHINA
F&X Electro-Materials Ltd.
Conformant
Tantalum
CID002505
CHINA
FIR Metals & Resource Ltd.
Conformant
Tantalum
CID002558
JAPAN
Global Advanced Metals Aizu
Conformant
Tantalum
CID002557
UNITED STATES OF AMERICA
Global Advanced Metals Boyertown
Conformant
Tantalum
CID000616
CHINA
Guangdong Zhiyuan New Material Co., Ltd.
Conformant
Tantalum
CID002544
THAILAND
H.C. Starck Co., Ltd.
Conformant
Tantalum
CID002545
GERMANY
H.C. Starck Tantalum and Niobium GmbH
Conformant
Tantalum
CID002549
JAPAN
H.C. Starck Ltd.
Conformant
Tantalum
CID002550
GERMANY
H.C. Starck Smelting GmbH & Co. KG
Conformant
Tantalum
CID002492
CHINA
Hengyang King Xing Lifeng New Materials Co., Ltd.
Conformant
Tantalum
CID002842
CHINA
Jiangxi Tuohong New Raw Material
Conformant
Tantalum
CID000917
CHINA
Jiujiang Tanbre Co., Ltd.
Conformant
Tantalum
CID002539
MEXICO
KEMET Blue Metals
Conformant
Tantalum
CID002568
UNITED STATES OF AMERICA
KEMET Blue Powder
Conformant
Tantalum
CID001076
BRAZIL
LSM Brasil S.A.
Conformant
Tantalum
CID001175
BRAZIL
Mineracao Taboca S.A.
Conformant
Tantalum
CID001192
JAPAN
Mitsui Mining and Smelting Co., Ltd.
Conformant
Tantalum
CID001200
ESTONIA
NPM Silmet AS
Conformant
Tantalum
CID001277
CHINA
Ningxia Orient Tantalum Industry Co., Ltd.
Conformant
Tantalum
CID001508
UNITED STATES OF AMERICA
QuantumClean
Conformant
Tantalum
CID002707
BRAZIL
Resind Industria e Comercio Ltda.
Conformant
Tantalum
CID001522
CHINA
Yanling Jincheng Tantalum & Niobium Co., Ltd.
Conformant
Tantalum
CID001769
RUSSIAN FEDERATION
Solikamsk Magnesium Works OAO
Conformant
Tantalum
CID001969
KAZAKHSTAN
Ulba Metallurgical Plant JSC
Conformant
Tantalum
CID002508
CHINA
XinXing HaoRong Electronic Material Co., Ltd.
Conformant
Tantalum
CID001869
JAPAN
Taki Chemical Co., Ltd.
Conformant
Tantalum
CID002512
CHINA
Jiangxi Dinghai Tantalum & Niobium Co., Ltd.
Conformant

9



Metal
CID#
Country
Smelter Name
Audit Status per RMI
database 27th-Mar-2019
Tantalum
CID001163
INDIA
Metallurgical Products India Pvt., Ltd.
Conformant
Tantalum
CID001891
UNITED STATES OF AMERICA
Telex Metals
Conformant
Tantalum
CID000092
JAPAN
Asaka Riken Co., Ltd.
Conformant
Tantalum
CID003191
CHINA
Jiujiang Janny New Material Co., Ltd.
Conformant
Tin
CID002180
CHINA
Yunnan Tin Company Limited
Conformant
Tin
CID001070
CHINA
China Tin Group Co., Ltd.
Conformant
Tin
CID000292
UNITED STATES
Alpha
Conformant
Tin
CID000306
INDONESIA
CV Gita Pesona
Conformant
Tin
CID000309
INDONESIA
PT Aries Kencana Sejahtera
Conformant
Tin
CID000313
INDONESIA
PT Premium Tin Indonesia
Conformant
Tin
CID000315
INDONESIA
CV United Smelting
Conformant
Tin
CID000402
JAPAN
Dowa
Conformant
Tin
CID000438
BOLIVIA
EM Vinto
Conformant
Tin
CID000468
POLAND
Fenix Metals
Conformant
Tin
CID000538
CHINA
Gejiu Non-Ferrous Metal Processing Co., Ltd.
Conformant
Tin
CID000760
CHINA
Huichang Jinshunda Tin Co., Ltd.
Conformant
Tin
CID000942
CHINA
Gejiu Kai Meng Industry and Trade LLC
Conformant
Tin
CID001105
MALAYSIA
Malaysia Smelting Corporation (MSC)
Conformant
Tin
CID001142
UNITED STATES
Metallic Resources, Inc.
Conformant
Tin
CID001173
BRAZIL
Mineracao Taboca S.A.
Conformant
Tin
CID001182
PERU
Minsur
Conformant
Tin
CID001191
JAPAN
Mitsubishi Materials Corporation
Conformant
Tin
CID001231
CHINA
Jiangxi New Nanshan Technology Ltd.
Conformant
Tin
CID001314
THAILAND
O.M. Manufacturing (Thailand) Co., Ltd.
Conformant
Tin
CID001337
BOLIVIA
Operaciones Metalurgicas S.A.
Conformant
Tin
CID001399
INDONESIA
PT Artha Cipta Langgeng
Conformant
Tin
CID001402
INDONESIA
PT Babel Inti Perkasa
Conformant
Tin
CID001419
INDONESIA
PT Bangka Tin Industry
Conformant
Tin
CID001421
INDONESIA
PT Belitung Industri Sejahtera
Conformant
Tin
CID001428
INDONESIA
PT Bukit Timah
Conformant
Tin
CID001434
INDONESIA
PT DS Jaya Abadi
Conformant
Tin
CID001448
INDONESIA
PT Karimun Mining
Conformant
Tin
CID001453
INDONESIA
PT Mitra Stania Prima
Conformant
Tin
CID001457
INDONESIA
PT Panca Mega Persada
Conformant
Tin
CID001458
INDONESIA
PT Prima Timah Utama
Conformant
Tin
CID001460
INDONESIA
PT Refined Bangka Tin
Conformant
Tin
CID001463
INDONESIA
PT Sariwiguna Binasentosa
Conformant
Tin
CID001468
INDONESIA
PT Stanindo Inti Perkasa
Conformant
Tin
CID001471
INDONESIA
PT Sumber Jaya Indah
Conformant
Tin
CID001477
INDONESIA
PT Timah Tbk Kundur
Conformant
Tin
CID001490
INDONESIA
PT Tinindo Inter Nusa
Conformant
Tin
CID001539
TAIWAN
Rui Da Hung
Conformant
Tin
CID001758
BRAZIL
Soft Metais Ltda.
Conformant
Tin
CID001898
THAILAND
Thaisarco
Conformant
Tin
CID002036
BRAZIL
White Solder Metalurgia e Mineracao Ltda.
Conformant
Tin
CID002158
CHINA
Yunnan Chengfeng Non-ferrous Metals Co., Ltd.
Conformant
Tin
CID002468
BRAZIL
Magnu's Minerais Metais e Ligas Ltda.
Conformant

10



Metal
CID#
Country
Smelter Name
Audit Status per RMI
database 27th-Mar-2019
Tin
CID002503
INDONESIA
PT ATD Makmur Mandiri Jaya
Conformant
Tin
CID002517
PHILIPPINES
O.M. Manufacturing Philippines, Inc.
Conformant
Tin
CID002530
INDONESIA
PT Inti Stania Prima
Conformant
Tin
CID002570
INDONESIA
CV Ayi Jaya
Conformant
Tin
CID002706
BRAZIL
Resind Industria e Comercio Ltda.
Conformant
Tin
CID002773
BELGIUM
Metallo Belgium N.V.
Conformant
Tin
CID002776
INDONESIA
PT Bangka Prima Tin
Conformant
Tin
CID002592
INDONESIA
CV Dua Sekawan
Conformant
Tin
CID002455
INDONESIA
CV Venus Inti Perkasa
Conformant
Tin
CID001908
CHINA
Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.
Conformant
Tin
CID002816
INDONESIA
PT Sukses Inti Makmur
Conformant
Tin
CID001482
INDONESIA
PT Timah Tbk Mentok
Conformant
Tin
CID001493
INDONESIA
PT Tommy Utama
Conformant
Tin
CID000228
CHINA
Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.
Conformant
Tin
CID002593
INDONESIA
PT Rajehan Ariq
Conformant
Tin
CID002774
SPAIN
Metallo Spain S.L.U.
Conformant
Tin
CID003116
CHINA
Guangdong Hanhe Non-Ferrous Metal Co., Ltd.
Conformant
Tin
CID002849
CHINA
Guanyang Guida Nonferrous Metal Smelting Plant
Conformant
Tin
CID002500
BRAZIL
Melt Metais e Ligas S.A.
Conformant
Tin
CID002829
INDONESIA
PT Kijang Jaya Mandiri
Conformant
Tin
CID002835
INDONESIA
PT Menara Cipta Mulia
Conformant
Tin
CID002848
CHINA
Gejiu Fengming Metallurgy Chemical Plant
Conformant
Tin
CID002858
MALAYSIA
Modeltech Sdn Bhd
Conformant
Tin
CID003190
CHINA
Chifeng Dajingzi Tin Industry Co., Ltd.
Conformant
Tin
CID003205
INDONESIA
PT Bangka Serumpun
Conformant
Tin
CID002844
CHINA
HuiChang Hill Tin Industry Co., Ltd.
Non Conformant
Tungsten
CID000105
UNITED STATES OF AMERICA
Kennametal Huntsville
Conformant
Tungsten
CID000004
JAPAN
A.L.M.T. Corp.
Conformant
Tungsten
CID000218
CHINA
Guangdong Xianglu Tungsten Co., Ltd.
Conformant
Tungsten
CID000258
CHINA
Chongyi Zhangyuan Tungsten Co., Ltd.
Conformant
Tungsten
CID000499
CHINA
Fujian Jinxin Tungsten Co., Ltd.
Conformant
Tungsten
CID000568
UNITED STATES OF AMERICA
Global Tungsten & Powders Corp.
Conformant
Tungsten
CID000766
CHINA
Hunan Chenzhou Mining Co., Ltd.
Conformant
Tungsten
CID000769
CHINA
Hunan Chunchang Nonferrous Metals Co., Ltd.
Conformant
Tungsten
CID002513
CHINA
Chenzhou Diamond Tungsten Products Co., Ltd.
Conformant
Tungsten
CID000875
CHINA
Ganzhou Huaxing Tungsten Products Co., Ltd.
Conformant
Tungsten
CID002315
CHINA
Ganzhou Jiangwu Ferrotungsten Co., Ltd.
Conformant
Tungsten
CID002494
CHINA
Ganzhou Seadragon W & Mo Co., Ltd.
Conformant
Tungsten
CID002541
GERMANY
H.C. Starck Tungsten GmbH
Conformant
Tungsten
CID002542
GERMANY
H.C. Starck Smelting GmbH & Co. KG
Conformant
Tungsten
CID002579
CHINA
Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji
Conformant
Tungsten
CID002649
RUSSIAN FEDERATION
Hydrometallurg, JSC
Conformant
Tungsten
CID000825
JAPAN
Japan New Metals Co., Ltd.
Conformant
Tungsten
CID002551
CHINA
Jiangwu H.C. Starck Tungsten Products Co., Ltd.
Conformant
Tungsten
CID002321
CHINA
Jiangxi Gan Bei Tungsten Co., Ltd.
Conformant

11



Metal
CID#
Country
Smelter Name
Audit Status per RMI
database 27th-Mar-2019
Tungsten
CID002318
CHINA
Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.
Conformant
Tungsten
CID002317
CHINA
Jiangxi Xinsheng Tungsten Industry Co., Ltd.
Conformant
Tungsten
CID002316
CHINA
Jiangxi Yaosheng Tungsten Co., Ltd.
Conformant
Tungsten
CID000966
UNITED STATES OF AMERICA
Kennametal Fallon
Conformant
Tungsten
CID002319
CHINA
Malipo Haiyu Tungsten Co., Ltd.
Conformant
Tungsten
CID002589
UNITED STATES OF AMERICA
Niagara Refining LLC
Conformant
Tungsten
CID002543
VIET NAM
Masan Tungsten Chemical LLC (MTC)
Conformant
Tungsten
CID001889
VIET NAM
Tejing (Vietnam) Tungsten Co., Ltd.
Conformant
Tungsten
CID002044
AUSTRIA
Wolfram Bergbau und Hutten AG
Conformant
Tungsten
CID002320
CHINA
Xiamen Tungsten (H.C.) Co., Ltd.
Conformant
Tungsten
CID002082
CHINA
Xiamen Tungsten Co., Ltd.
Conformant
Tungsten
CID002095
CHINA
Xinhai Rendan Shaoguan Tungsten Co., Ltd.
Conformant
Tungsten
CID002833
BRAZIL
ACL Metais Eireli
Conformant
Tungsten
CID002724
RUSSIAN FEDERATION
Unecha Refractory metals plant
Conformant
Tungsten
CID002815
CHINA
South-East Nonferrous Metal Company Limited of Hengyang City
Conformant
Tungsten
CID002827
PHILIPPINES
Philippine Chuangxin Industrial Co., Inc.
Conformant
Tungsten
CID002830
CHINA
Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.
Conformant
Tungsten
CID002843
KOREA, REPUBLIC OF
Woltech Korea Co., Ltd.
Conformant
Tungsten
CID002845
RUSSIAN FEDERATION
Moliren Ltd.
Conformant


12