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

 
FORM SD
 
Specialized Disclosure Report

 
Netlist, Inc.
(Exact name of registrant as specified in its charter)

Delaware	 	001-33170	 	95-4812784	
(State or other jurisdiction
of incorporation or organization)	 	(Commission
File Number)	 	(IRS Employer
Identification No.)	
 
175 Technology Drive, Suite 150
Irvine, California 92618
(Address of principal executive offices) (Zip code)
 
Chun K. Hong
President and Chief Executive Officer
(949) 435-0025
(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, 2017.

 

 
Section 1 - Conflict Minerals Disclosure
 
Item 1.01 Conflict Minerals Disclosure and Report
 
Conflict Minerals Disclosure
 
This Form SD and the Conflict Minerals Report filed as Exhibit 1.01 hereto have been prepared by Netlist, Inc. (“we,” “us,” “our,” “Netlist” or the “Company”) for the reporting period from January 1, 2017 to December 31, 2017 (the “Reporting Period”), in accordance with Rule 13p-1 (the “Rule”) promulgated under the Securities Exchange Act of 1934, as amended. A copy of such Conflict Minerals Report is publicly available at Netlist’s website at http://www.netlist.com/company/corporate-responsibility. The foregoing website reference is intended to be an inactive textual reference, and the contents of our website are not incorporated into this Form SD.
 
Item 1.02 Exhibit
 
The Company’s Conflict Minerals Report for the Reporting Period required by Item 1.01 of this Form SD is attached hereto as Exhibit 1.01.
 
Section 2 - Exhibits
 
Item 2.01 Exhibits.

Exhibit
No.	 	Description	
1.01	 	Conflict Minerals Report of Netlist, Inc. for the reporting period from January 1, 2017 to December 31, 2017, as required by Items 1.01 and 1.02 of this Form SD.	
 
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.

Netlist , Inc.	 	 	
 	 	 	
/s/Gail Sasaki	 	Date: May 31, 201 8	
Gail Sasaki	 	 	
Vice President and Chief Financial Officer	 	 	
 
2 

 
EXHIBIT INDEX

Exhibit
No.	 	Description	
1.01	 	Conflict Minerals Report of Netlist, Inc. for the reporting period from January 1, 2017 to December 31, 2017, as required by Items 1.01 and 1.02 of this Form SD.	
 
3 

Exhibit 1.01 
 
Netlist, Inc
Conflict Minerals Report
For the Reporting Period from January 1, 201 7 to December 31, 201 7
 
This Conflict Minerals Report (the “Report”) of Netlist,  Inc. (“Netlist,” the “Company,” “we,” “us,” or “our”) for the reporting period from January 1, 2017 to December 31, 2017 (the “Reporting Period”) has been prepared pursuant to Rule 13p-1 (the “Rule”) promulgated under the Securities Exchange Act of 1934, as amended. This Report includes a description of the measures we have taken to exercise due diligence on the source and chain of custody of certain minerals (specifically gold, columbite-tantalite (coltan), cassiterite and wolframite, including their derivatives, which are limited to tantalum, tin and tungsten (collectively, “conflict minerals”)) necessary to the functionality or production of our products manufactured during the Reporting Period. As permitted by applicable guidance of the Securities and Exchange Commission, we did not obtain an independent private sector audit within the meaning of the Rule for the Reporting Period.
 
Overview
 
Our Company and Our Covered Products
 
We design, manufacture and sell high-performance modular memory subsystems to customers in diverse industries that require enterprise and storage class memory solutions to empower critical business decisions. We have a history of introducing disruptive new products, such as one of the first load reduced dual in-line memory modules (“LRDIMM”) based on our distributed buffer architecture, which has been adopted by the industry for DDR4 LRDIMM. We were also one of the first to bring NAND flash memory (“NAND flash”) to the memory channel with our NVvault® non-volatile dual in-line memory modules (“NVDIMM”) using software-intensive controllers and merging dynamic random-access memory integrated circuits (“DRAM ICs” or “DRAM”) and NAND flash to solve data bottleneck and data retention challenges encountered in high-performance computing environments. We recently introduced a new generation of storage class memory products called HybriDIMM to address the growing need for real-time analytics in Big Data applications, in-memory databases, high performance computing and advanced data storage solutions. We also resell NAND flash, DRAM products and other component products to end-customers that are not reached in the distribution models of the component manufacturers, including storage customers, appliance customers, system builders and cloud and datacenter customers. We hold a robust portfolio of patents in the areas of hybrid memory, storage class memory, rank multiplication and load reduction.
 
As described in this Report, we have determined that the conflict minerals gold, tantalum, tin and tungsten (collectively, “3TG metals”) were necessary to the functionality or production of certain of our products manufactured during the Reporting Period. As a result, this Report covers the following: (1) products for which 3TG metals are necessary to their functionality or production; (2) products that we manufactured or contracted to be manufactured; and (3) products for which the manufacture was completed during the Reporting Period. These products, which are collectively referred to in this Report as “Covered Products,” consist of the following:
 
·                   DIMM Products . These products include our NVvault® and ExpressVault™ product families, as well as other dual in-line memory module (“DIMM”) products. These products also include our HyperCloud ®  product and our HybriDIMM™ storage class memory product.
 
·                   NAND Flash Products . These products include microSD, SD, SSD, SATA, PATA and others.
 
Third-party products that we sell at retail but do not manufacture or contract to manufacture are outside the scope of this Report.
 
Our Commitment to Responsible Sourcing
 
In support of global responsible sourcing, we are committed to monitoring our supply chain with a goal of ensuring that conflict minerals directly or indirectly benefitting armed groups identified as perpetrators of serious human rights abuses in the Democratic Republic of the Congo (“DRC”) or any country with which it shares an internationally recognized border (DRC and such countries, collectively, the “Covered Countries”) are not used in the manufacture of Netlist products. We also believe responsible sourcing means continuing to support stable economic development in the Covered Countries (rather than an embargo imposed on these countries), and accordingly we do not prohibit our suppliers from using conflict minerals sourced from the Covered Countries.
 
A copy of our Conflict Minerals Policy is available at our website at www.netlist.com/company/corporate-responsibility. All website references in this Report are intended to be inactive textual references, and the contents of our website are not incorporated into this Report.

 
Our Conflict Minerals Due Diligence Program, and Results for the Reporting Period
 
We require our suppliers to source conflict minerals from smelters and refiners that are either validated as compliant with conflict-free sourcing standards (such as the Responsible Minerals Assurance Process (the “RMAP”) developed by the Responsible Mining Initiative (“RMI”) or standards enacted by the London Bullion Market Association (“LBMA”) or the Responsible Jewelry Council (“RJC”)), or on the path to validation under one of these programs. We refer to smelters and refiners that have been validated to meet one or more of these conflict-free sourcing standards as “Compliant,” and we refer to smelters and refiners that are actively engaged in an effort to become validated under one or more of these standards as “Active”. To ensure our suppliers meet our requirement for conflict-free sourcing, we: (1) make all suppliers aware of our commitment to responsible sourcing as described above, as well as our expectation that all smelters and refiners in our supply chain are Compliant with one or more conflict-free sourcing standards; (2) conduct ongoing due diligence on the source and chain of custody of conflict minerals in our supply chain in conformance with the Organization for Economic Co-operation and Development (“OECD”) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas: Third Edition (2016), and the related supplements on the 3TG metals (collectively, “OECD Guidance”); and (3) otherwise encourage suppliers to adopt responsible sourcing practices. To further transparency in the conflict minerals supply chain, in addition to publicly reporting the results of our due diligence efforts annually, we share our due diligence results directly with our customers.
 
During the Reporting Period, we worked with our suppliers to increase sourcing from smelters and refiners that were validated as Compliant or Active. As part of our efforts, we improved our initial screening process to help prevent non-Compliant smelters and refiners from entering our supply chain. Of the 250 smelters or refiners we believe were in our supply chain for the Reporting Period, 243 (97.2%) were validated as Compliant, representing an 18.5% increase in the number of Compliant smelters or refiners in our supply chain as compared to the prior reporting period (the 2016 calendar year).
 
Our Reasonable Country of Origin Inquiry
 
As described in this Report, we have determined that the 3TG metals were necessary to the functionality or production of the Covered Products. As a result, we conducted in good faith a reasonable country of origin inquiry (“RCOI”) reasonably designed to determine whether any of these 3TG metals originated in the Covered Countries or may have been from recycled or scrap sources.
 
We do not acquire 3TG metals directly from mines, smelters or refiners; rather, we obtain the parts of the Covered Products that include 3TG metals from a number of third-party suppliers. Our supply chain is complex, and there are many organizations in our supply chain between us and the original sources of the 3TG metals. As a result, our RCOI primarily consists of outreach to our direct suppliers, and our requirement that they participate in our Supplier Management Process. This process begins with our annual submission of an inquiry letter to each of our direct suppliers, along with the RMI Conflict Minerals Reporting Template (“CMRT”) and Netlist Conflict Minerals Policy. Through the CMRT, we request information from each supplier regarding its supply chains for 3TG metals, including the names and locations of smelters and refiners of 3TG metals, as well as the country of origin of 3TG metals processed by such smelters and refiners. We also make our suppliers aware that smelters and refiners that fail to become Compliant or Active with respect to one or more conflict-free sourcing standards will be targeted for removal from our supply chain.
 
According to the information provided by our suppliers, we have reason to believe that at least some of the necessary 3TG metals contained in the Covered Products or used in their manufacture may have originated from the Covered Countries or may not be from recycled or scrap sources. As a result, we conducted due diligence on the source and chain of custody of such 3TG metals, as described below.
 
Our Conflict Minerals Due Diligence Program
 
The design of our conflict minerals due diligence program is in conformity with the principles of the OECD Guidance, specifically as it relates to our position in the conflict minerals supply chain as a “downstream” purchaser. Summarized below are the components of our conflict minerals due diligence program, as they relate to the five-step framework from the OECD Guidance. The below description is intended to be a summary, and does not describe all of the conflict minerals due diligence measures we performed during the Reporting Period.
 
1. Establishment of Strong Company Management Systems
 
We have completed a number of steps to establish a management system for addressing the sourcing of 3TG metals in the Covered Products. These steps include:

 
a. Conflict Minerals Policy : We maintain a policy regarding the sourcing of conflict minerals used in, or in the manufacture of, our products. A copy of this Conflict Minerals Policy is available at our website at www.netlist.com/company/corporate-responsibility.
 
b. Internal Conflict Minerals Team : Members of our management (the “Conflict Minerals Team”) participate in the design and execution of our conflict minerals due diligence program, and cooperate to manage and support our supply chain due diligence. The Conflict Minerals Team identifies the suppliers to be contacted, and adopted and approved for use the CMRT discussed above. We interact with our suppliers to obtain updated and current CMRTs, and analyze the information provided by each supplier on the sourcing of the 3TG metals used in, or in the manufacture of, the Covered Products. Each response is reviewed to identify missing information and unclear responses. Our Conflict Minerals Team meets regularly to discuss the results of our due diligence efforts and appropriate follow-up measures to be taken with our suppliers.
 
c. Supply Chain Control System : We use the CMRT to identify the smelters and refiners that are in the supply chain of each of our suppliers. We periodically review and compare this list to the list of smelters and refiners identified by the RMI as Compliant or Active under the RMAP. This enables us to identify the smelters and refiners that have been validated under this standard, as well as those that are actively progressing toward an audit to determine their status. We have determined this approach represents the most reasonable effort we can make to determine whether the 3TG metals used in, or in the manufacture of, the Covered Products originate from the Covered Countries or may not be from recycled or scrap sources.
 
d. Supplier Engagement : We actively engage with our suppliers to ensure they are complying with our conflict minerals due diligence program, including completion of the CMRT and participation in supply chain surveys and related due diligence activities. We communicate with our suppliers to identify the sources and status of the 3TG metals used in the Covered Products, and to encourage each smelter and refinery in our supply chain to become Active or Compliant in the RMAP or another conflict-free sourcing standard.
 
2. Identification and Assessment of Risks in the Supply Chain
 
Our due diligence program consists primarily of the following: First, we identify our direct suppliers of the Covered Products and their components; then, we request these suppliers to complete the CMRT and return it to us; then, we evaluate the completeness and accuracy of each supplier’s responses and contact suppliers whose responses we believe contain incomplete or potentially inaccurate information, in order to seek additional clarifying information. In general, we intend to contact each of our suppliers at least once every six months, to check on the status of their continuing due diligence efforts and to obtain updated information. When we receive completed CMRTs from our direct suppliers, and after conducting any required follow-up to obtain additional clarifying information, we record all information we have obtained to identify the potential smelters and refiners in our supply chain. We then compare this list of potential smelters and refiners in our supply chain to the lists compiled by the RMAP to determine which smelters and refiners have been determined to be Compliant or Active.
 
Because of our position in the supply chain, it can be challenging for us to identify actors upstream from our suppliers. As discussed above, we identify each of our direct suppliers, and we rely on these suppliers to provide us with complete and accurate information about the source of 3TG metals used in, or in the manufacture of, the Covered Products. Similarly, our direct suppliers are reliant on information provided by their suppliers regarding the original source of such 3TG metals.
 
3. Designing and Implementing a Strategy to Respond to Identified Risks
 
We are designing and implementing a risk management plan, which will be managed and monitored by the above-described Conflict Minerals Team under the oversight of our manufacturing management.
 
We have also communicated to all of our direct suppliers our expectation that products and components supplied to us that contain 3TG metals or other conflict minerals be sourced from a Compliant or Active smelter or refiner.
 
4. Carrying Out Independent Third-Party Audit of Supply Chain Due Diligence at Identified Points in the Supply Chain
 
Because we do not source 3TG metals directly from smelters or refiners, we rely on independent third-party auditing programs, such as the RMAP, LBMA, and RJC, to coordinate audits of smelters and refiners that may be in our supply chain.

 
5. Reporting on Supply Chain Due Diligence
 
We report the results of our conflict minerals due diligence program annually by filing this Report and the accompanying Form SD with the U.S. Securities and Exchange Commission, and by making these materials available on our website at www.netlist.com/company/corporate-responsibility.
 
Conflict Minerals Due Diligence Findings
 
Overall Findings
 
Our efforts to determine the mine or location of origin of the 3TG metals used in, or in the manufacture of, the Covered Products with the greatest possible specificity consisted primarily of the due diligence measures described in this Report.
 
Based on the information provided by our suppliers and otherwise obtained through our conflict minerals due diligence program, we identified 250 smelters and refiners that are recognized by RMAP, LBMA or RJC to be processors of 3TG metals and that we believe, to the extent reasonably determinable by us, were potentially in our supply chain for the Covered Products in the Reporting Period. These 250 smelters or refiners are included in Lists 1 and 2 in Appendix A of this Report. Of these 250 smelters or refiners, 243 (97.2%) were validated as Compliant, representing an 18.5% increase in the number of Compliant smelters or refiners in our supply chain as compared to the prior reporting period (the calendar year ended December 31, 2016). The following graphics illustrate these overall findings:

 

 

Country of Origin Findings
 
Our due diligence efforts did not result in sufficient information to conclusively determine all of countries of origin of the 3TG metals used in, or in the manufacture of, the Covered Products, primarily because RMAP may not have reliable country of origin information for the smelters and refiners that may be in our supply chain and are not validated as Compliant. The following table sets forth the countries of origin of the 3TG metals that may have been used in, or in the manufacture of, the Covered Products, based on information provided by our suppliers and RMAP that is available to us:

AUSTRALIA	 	INDIA	 	NETHERLANDS	 	TAIWAN, PROVINCE OF CHINA	
AUSTRIA	 	INDONESIA	 	PERU	 	THAILAND	
BELGIUM	 	ITALY	 	PHILIPPINES	 	TURKEY	
BOLIVIA (PLURINATIONAL STATE OF)	 	JAPAN	 	POLAND	 	UNITED ARAB EMIRATES	
BRAZIL	 	KAZAKHSTAN	 	RUSSIAN FEDERATION	 	UNITED STATES OF AMERICA	
CANADA	 	KOREA, REPUBLIC OF	 	SINGAPORE	 	UZBEKISTAN	
CHINA	 	KYRGYZSTAN	 	SOUTH AFRICA	 	VIETNAM	
ESTONIA	 	MACEDONIA, THE FORMER YUGOSLAV REPUBLIC OF	 	SPAIN	 	 	
FRANCE	 	MALAYSIA	 	SWEDEN	 	 	
GERMANY	 	MEXICO	 	SWITZERLAND	 	 	
 
Covered Products Findings
 
As described above, the Covered Products include NAND Flash products and DIMM products. Based on the information provided to us by our suppliers, (1) we believe the 3TG metals used in, or in the manufacture of, our NAND Flash Covered Products were all sourced from smelters or refiners that are Compliant, and (2) we have reason to believe the 3TG metals used in, or in the manufacture of, our DIMM Covered Products may have originated in the Covered Countries and may not have been from recycled or scrap sources.
 
2018 Improvement Measures
 
During the calendar year ending December 31, 2018, we intend to take the following steps to further pursue our commitment to responsible sourcing, as described above, including improving our conflict minerals due diligence program:
 
·                   Continue to proactively work with all of our suppliers to accomplish our goal that all smelters and refiners in our supply chain are Compliant; and

 
·                   Continue to refine and improve our escalation processes to ensure quick remediation, including removal, of any smelter or refiner that does not timely attain or that loses Compliant status.
 
Inherent Limitations on Due Diligence Measures
 
As a downstream purchaser of products that contain conflict minerals, our due diligence measures can provide only reasonable, and not absolute, assurance regarding the source and chain of custody of the conflict minerals used in, or in the manufacture of, the Covered Products. Because we do not have direct contractual or other relationships with the mines, smelters and refiners that produce conflict minerals, our due diligence program necessarily relies on the data supplied by our direct suppliers. These direct suppliers, in turn, rely on similar information provided within their supply chains to identify the original sources of conflict minerals. As a result, the results of our due diligence efforts could contain inaccuracies or incomplete information due to this process of collecting the information. Further, many suppliers report smelter and refiner information at the company level, rather than limiting their responses to smelters and refiners affiliated with specific products included in the request. As a result, some of the smelters and refiners included in this Report as potentially in our supply chain may not, in fact, be associated with the Covered Products or their manufacture. In addition, we rely on information collected and provided by independent third-party auditing programs, and these sources of information may yield unreliable, inaccurate or incomplete information due to a variety of factors, including human or other errors or fraudulent actions.
 
Forward-Looking Statements
 
This Report contains forward-looking statements regarding our business, products and conflict minerals due diligence efforts, including steps we intend to take in the future to improve these due diligence measures. Words such as “expects,” “believes,” “aims,” “goal” and similar expressions or variations of these words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this Report. All statements made in this Report concerning future matters that are not historical facts are forward-looking statements. Although forward-looking statements in this Report reflect our good faith judgment, these statements can only be based on facts and assumptions currently known by us. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in or anticipated or implied by the forward-looking statements. Factors that could cause or contribute to such differences in results and outcomes include, among others: the risk that information reported to us by our suppliers, or industry information used by us, may be inaccurate; the risk that mines, smelters or refiners may not participate in the RMAP or a similar auditing program, which are voluntary initiatives; as well as risks related to our compliance with government regulations and policies, which, among other risks, are discussed under “Risk Factors” in our most recent annual report on Form 10-K and the other filings we make with the U.S. Securities and Exchange Commission from time to time, including any subsequently filed quarterly and current reports. Forward-looking statements are not predictions of future events, and readers should not rely on them as such. All forward-looking statements included in this Report speak only as of the date of this Report, and we undertake no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise or change after the date of this Report.

 
Appendix A
 
Reported 3TG Smelters and Refiners Lists
 
List 1:     Listed below are the 243 smelters or refiners identified by our suppliers as potentially in the supply chain for the Covered Products during the Reporting Period that the RMAP has reported as Compliant. The location information set forth in this list is as reported by the RMAP as of May 18 th , 2018.

No	 	Smelter Reference List	 	Metal	 	Location of Facility	
1	 	A.L.M.T. TUNGSTEN Corp.	 	Tungsten	 	JAPAN	
2	 	Advanced Chemical Company	 	Gold	 	UNITED STATES OF AMERICA	
3	 	Aida Chemical Industries Co., Ltd.	 	Gold	 	JAPAN	
4	 	Allgemeine Gold-und Silberscheideanstalt A.G.	 	Gold	 	GERMANY	
5	 	Almalyk Mining and Metallurgical Complex (AMMC)	 	Gold	 	UZBEKISTAN	
6	 	AngloGold Ashanti Corrego do Sitio Mineracao	 	Gold	 	BRAZIL	
7	 	Argor-Heraeus S.A.	 	Gold	 	SWITZERLAND	
8	 	Asahi Pretec Corp.	 	Gold	 	JAPAN	
9	 	Asaka Riken Co., Ltd.	 	Gold	 	JAPAN	
10	 	Kennametal Huntsville	 	Tungsten	 	UNITED STATES OF AMERICA	
11	 	Aurubis AG	 	Gold	 	GERMANY	
12	 	Bangko Sentral ng Pilipinas (Central Bank of the Philippines)	 	Gold	 	PHILIPPINES	
13	 	Boliden AB	 	Gold	 	SWEDEN	
14	 	C. Hafner GmbH + Co. KG	 	Gold	 	GERMANY	
15	 	CCR Refinery - Glencore Canada Corporation	 	Gold	 	CANADA	
16	 	Cendres + Metaux S.A.	 	Gold	 	SWITZERLAND	
17	 	Changsha South Tantalum Niobium Co., Ltd.	 	Tantalum	 	CHINA	
18	 	Guangdong Xianglu Tungsten Co., Ltd.	 	Tungsten	 	CHINA	
19	 	Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.	 	Tin	 	CHINA	
20	 	Chimet S.p.A.	 	Gold	 	ITALY	
21	 	Jiangxi Ketai Advanced Material Co., Ltd.	 	Tin	 	CHINA	
22	 	Chongyi Zhangyuan Tungsten Co., Ltd.	 	Tungsten	 	CHINA	
23	 	Guangdong Rising Rare Metals-EO Materials Ltd.	 	Tantalum	 	CHINA	
24	 	Alpha	 	Tin	 	UNITED STATES OF AMERICA	
25	 	CV Gita Pesona	 	Tin	 	INDONESIA	
26	 	PT Aries Kencana Sejahtera	 	Tin	 	INDONESIA	
27	 	CV Serumpun Sebalai	 	Tin	 	INDONESIA	
28	 	CV United Smelting	 	Tin	 	INDONESIA	
29	 	Daejin Indus Co., Ltd.	 	Gold	 	KOREA, REPUBLIC OF	
30	 	DSC (Do Sung Corporation)	 	Gold	 	KOREA, REPUBLIC OF	

 

No	 	Smelter Reference List	 	Metal	 	Location of Facility	
31	 	DODUCO Contacts and Refining GmbH	 	Gold	 	GERMANY	
32	 	Dowa	 	Gold	 	JAPAN	
33	 	Dowa	 	Tin	 	JAPAN	
34	 	Eco-System Recycling Co., Ltd.	 	Gold	 	JAPAN	
35	 	EM Vinto	 	Tin	 	BOLIVIA (PLURINATIONAL STATE OF)	
36	 	Exotech Inc.	 	Tantalum	 	UNITED STATES OF AMERICA	
37	 	F&X Electro-Materials Ltd.	 	Tantalum	 	CHINA	
38	 	Fenix Metals	 	Tin	 	POLAND	
39	 	OJSC Novosibirsk Refinery	 	Gold	 	RUSSIAN FEDERATION	
40	 	Fujian Jinxin Tungsten Co., Ltd.	 	Tungsten	 	CHINA	
41	 	Gejiu Non-Ferrous Metal Processing Co., Ltd.	 	Tin	 	CHINA	
42	 	Global Tungsten & Powders Corp.	 	Tungsten	 	UNITED STATES OF AMERICA	
43	 	Guangdong Zhiyuan New Material Co., Ltd.	 	Tantalum	 	CHINA	
44	 	Heimerle + Meule GmbH	 	Gold	 	GERMANY	
45	 	Heraeus Metals Hong Kong Ltd.	 	Gold	 	CHINA	
46	 	Heraeus Precious Metals GmbH & Co. KG	 	Gold	 	GERMANY	
47	 	Huichang Jinshunda Tin Co., Ltd.	 	Tin	 	CHINA	
48	 	Hunan Chunchang Nonferrous Metals Co., Ltd.	 	Tungsten	 	CHINA	
49	 	Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.	 	Gold	 	CHINA	
50	 	Ishifuku Metal Industry Co., Ltd.	 	Gold	 	JAPAN	
51	 	Istanbul Gold Refinery	 	Gold	 	TURKEY	
52	 	Japan Mint	 	Gold	 	JAPAN	
53	 	Japan New Metals Co., Ltd.	 	Tungsten	 	JAPAN	
54	 	Jiangxi Copper Co., Ltd.	 	Gold	 	CHINA	
55	 	Ganzhou Huaxing Tungsten Products Co., Ltd.	 	Tungsten	 	CHINA	
56	 	JiuJiang JinXin Nonferrous Metals Co., Ltd.	 	Tantalum	 	CHINA	
57	 	Jiujiang Nonferrous Metals Smelting Company Limited	 	Tantalum	 	CHINA	
58	 	Asahi Refining USA Inc.	 	Gold	 	UNITED STATES OF AMERICA	
59	 	Asahi Refining Canada Ltd.	 	Gold	 	CANADA	
60	 	JSC Ekaterinburg Non-Ferrous Metal Processing Plant	 	Gold	 	RUSSIAN FEDERATION	
61	 	JSC Uralelectromed	 	Gold	 	RUSSIAN FEDERATION	
62	 	JX Nippon Mining & Metals Co., Ltd.	 	Gold	 	JAPAN	
63	 	Gejiu Kai Meng Industry and Trade LLC	 	Tin	 	CHINA	
64	 	Kazzinc	 	Gold	 	KAZAKHSTAN	

 

No	 	Smelter Reference List	 	Metal	 	Location of Facility	
65	 	Kennametal Fallon	 	Tungsten	 	UNITED STATES OF AMERICA	
66	 	Kennecott Utah Copper LLC	 	Gold	 	UNITED STATES OF AMERICA	
67	 	Kojima Chemicals Co., Ltd.	 	Gold	 	JAPAN	
68	 	Kyrgyzaltyn JSC	 	Gold	 	KYRGYZSTAN	
69	 	China Tin Group Co., Ltd.	 	Tin	 	CHINA	
70	 	LSM Brasil S.A.	 	Tantalum	 	BRAZIL	
71	 	LS-NIKKO Copper Inc.	 	Gold	 	KOREA, REPUBLIC OF	
72	 	Malaysia Smelting Corporation (MSC)	 	Tin	 	MALAYSIA	
73	 	Materion	 	Gold	 	UNITED STATES OF AMERICA	
74	 	Matsuda Sangyo Co., Ltd.	 	Gold	 	JAPAN	
75	 	Metallic Resources, Inc.	 	Tin	 	UNITED STATES OF AMERICA	
76	 	Metalor Technologies (Suzhou) Ltd.	 	Gold	 	CHINA	
77	 	Metalor Technologies (Hong Kong) Ltd.	 	Gold	 	CHINA	
78	 	Metalor Technologies (Singapore) Pte., Ltd.	 	Gold	 	SINGAPORE	
79	 	Metalor Technologies S.A.	 	Gold	 	SWITZERLAND	
80	 	Metalor USA Refining Corporation	 	Gold	 	UNITED STATES OF AMERICA	
81	 	Metalurgica Met-Mex Penoles S.A. De C.V.	 	Gold	 	MEXICO	
82	 	Metallurgical Products India Pvt., Ltd.	 	Tantalum	 	INDIA	
83	 	Mineracao Taboca S.A.	 	Tin	 	BRAZIL	
84	 	Mineracao Taboca S.A.	 	Tantalum	 	BRAZIL	
85	 	Minsur	 	Tin	 	PERU	
86	 	Mitsubishi Materials Corporation	 	Gold	 	JAPAN	
87	 	Mitsubishi Materials Corporation	 	Tin	 	JAPAN	
88	 	Mitsui Mining and Smelting Co., Ltd.	 	Tantalum	 	JAPAN	
89	 	Mitsui Mining and Smelting Co., Ltd.	 	Gold	 	JAPAN	
90	 	NPM Silmet AS	 	Tantalum	 	ESTONIA	
91	 	Moscow Special Alloys Processing Plant	 	Gold	 	RUSSIAN FEDERATION	
92	 	Nadir Metal Rafineri San. Ve Tic. A.S.	 	Gold	 	TURKEY	
93	 	Nankang Nanshan Tin Manufactory Co., Ltd.	 	Tin	 	CHINA	
94	 	Nihon Material Co., Ltd.	 	Gold	 	JAPAN	
95	 	Ningxia Orient Tantalum Industry Co., Ltd.	 	Tantalum	 	CHINA	
96	 	O.M. Manufacturing (Thailand) Co., Ltd.	 	Tin	 	THAILAND	
97	 	Ohura Precious Metal Industry Co., Ltd.	 	Gold	 	JAPAN	
98	 	OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet)	 	Gold	 	RUSSIAN FEDERATION	

 

No	 	Smelter Reference List	 	Metal	 	Location of Facility	
99	 	Operaciones Metalurgical S.A.	 	Tin	 	BOLIVIA (PLURINATIONAL STATE OF)	
100	 	PAMP S.A.	 	Gold	 	SWITZERLAND	
101	 	Prioksky Plant of Non-Ferrous Metals	 	Gold	 	RUSSIAN FEDERATION	
102	 	PT Aneka Tambang (Persero) Tbk	 	Gold	 	INDONESIA	
103	 	PT Artha Cipta Langgeng	 	Tin	 	INDONESIA	
104	 	PT Babel Inti Perkasa	 	Tin	 	INDONESIA	
105	 	PT Bangka Tin Industry	 	Tin	 	INDONESIA	
106	 	PT Belitung Industri Sejahtera	 	Tin	 	INDONESIA	
107	 	PT Bukit Timah	 	Tin	 	INDONESIA	
108	 	PT DS Jaya Abadi	 	Tin	 	INDONESIA	
109	 	PT Eunindo Usaha Mandiri	 	Tin	 	INDONESIA	
110	 	PT Karimun Mining	 	Tin	 	INDONESIA	
111	 	PT Mitra Stania Prima	 	Tin	 	INDONESIA	
112	 	PT Panca Mega Persada	 	Tin	 	INDONESIA	
113	 	PT Prima Timah Utama	 	Tin	 	INDONESIA	
114	 	PT Refined Bangka Tin	 	Tin	 	INDONESIA	
115	 	PT Sariwiguna Binasentosa	 	Tin	 	INDONESIA	
116	 	PT Stanindo Inti Perkasa	 	Tin	 	INDONESIA	
117	 	PT Sumber Jaya Indah	 	Tin	 	INDONESIA	
118	 	PT Timah (Persero) Tbk Kundur	 	Tin	 	INDONESIA	
119	 	PT Timah (Persero) Tbk Mentok	 	Tin	 	INDONESIA	
120	 	PT Tinindo Inter Nusa	 	Tin	 	INDONESIA	
121	 	PT Tommy Utama	 	Tin	 	INDONESIA	
122	 	PX Precinox S.A.	 	Gold	 	SWITZERLAND	
123	 	QuantumClean	 	Tantalum	 	UNITED STATES OF AMERICA	
124	 	Rand Refinery (Pty) Ltd.	 	Gold	 	SOUTH AFRICA	
125	 	RFH Tantalum Smeltery Co., Ltd./Yanling Jincheng Tantalum & Niobium Co., Ltd.	 	Tantalum	 	CHINA	
126	 	Royal Canadian Mint	 	Gold	 	CANADA	
127	 	Rui Da Hung	 	Tin	 	TAIWAN, PROVINCE OF CHINA	
128	 	Samduck Precious Metals	 	Gold	 	KOREA, REPUBLIC OF	
129	 	Schone Edelmetaal B.V.	 	Gold	 	NETHERLANDS	
130	 	SEMPSA Joyeria Plateria S.A.	 	Gold	 	SPAIN	
131	 	Shandong Zhaojin Gold & Silver Refinery Co., Ltd.	 	Gold	 	CHINA	
132	 	Sichuan Tianze Precious Metals Co., Ltd.	 	Gold	 	CHINA	

 

No	 	Smelter Reference List	 	Metal	 	Location of Facility	
133	 	SOE Shyolkovsky Factory of Secondary Precious Metals	 	Gold	 	RUSSIAN FEDERATION	
134	 	Soft Metais Ltda.	 	Tin	 	BRAZIL	
135	 	Solar Applied Materials Technology Corp.	 	Gold	 	TAIWAN, PROVINCE OF CHINA	
136	 	Solikamsk Magnesium Works OAO	 	Tantalum	 	RUSSIAN FEDERATION	
137	 	Sumitomo Metal Mining Co., Ltd.	 	Gold	 	JAPAN	
138	 	Taki Chemical Co., Ltd.	 	Tantalum	 	JAPAN	
139	 	Tanaka Kikinzoku Kogyo K.K.	 	Gold	 	JAPAN	
140	 	Tejing (Vietnam) Tungsten Co., Ltd.	 	Tungsten	 	VIET NAM	
141	 	Telex Metals	 	Tantalum	 	UNITED STATES OF AMERICA	
142	 	Thaisarco	 	Tin	 	THAILAND	
143	 	Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.	 	Tin	 	CHINA	
144	 	The Refinery of Shandong Gold Mining Co., Ltd.	 	Gold	 	CHINA	
145	 	Tokuriki Honten Co., Ltd.	 	Gold	 	JAPAN	
146	 	Torecom	 	Gold	 	KOREA, REPUBLIC OF	
147	 	Ulba Metallurgical Plant JSC	 	Tantalum	 	KAZAKHSTAN	
148	 	Umicore Brasil Ltda.	 	Gold	 	BRAZIL	
149	 	Umicore S.A. Business Unit Precious Metals Refining	 	Gold	 	BELGIUM	
150	 	United Precious Metal Refining, Inc.	 	Gold	 	UNITED STATES OF AMERICA	
151	 	Valcambi S.A.	 	Gold	 	SWITZERLAND	
152	 	Vietnam Youngsun Tungsten Industry Co., Ltd.	 	Tungsten	 	VIET NAM	
153	 	Western Australian Mint (T/a The Perth Mint)	 	Gold	 	AUSTRALIA	
154	 	White Solder Metalurgia e Mineracao Ltda.	 	Tin	 	BRAZIL	
155	 	Wolfram Bergbau und Hutten AG	 	Tungsten	 	AUSTRIA	
156	 	Xiamen Tungsten Co., Ltd.	 	Tungsten	 	CHINA	
157	 	Xinhai Rendan Shaoguan Tungsten Co., Ltd.	 	Tungsten	 	CHINA	
158	 	Yamakin Co., Ltd.	 	Gold	 	JAPAN	
159	 	Yokohama Metal Co., Ltd.	 	Gold	 	JAPAN	
160	 	Yunnan Chengfeng Non-ferrous Metals Co., Ltd.	 	Tin	 	CHINA	
161	 	Yunnan Tin Company Limited	 	Tin	 	CHINA	
162	 	Zhongyuan Gold Smelter of Zhongjin Gold Corporation	 	Gold	 	CHINA	
163	 	Gold Refinery of Zijin Mining Group Co., Ltd.	 	Gold	 	CHINA	
164	 	Yichun Jin Yang Rare Metal Co., Ltd.	 	Tantalum	 	CHINA	
165	 	Umicore Precious Metals Thailand	 	Gold	 	THAILAND	
166	 	Ganzhou Jiangwu Ferrotungsten Co., Ltd.	 	Tungsten	 	CHINA	

 

No	 	Smelter Reference List	 	Metal	 	Location of Facility	
167	 	Jiangxi Yaosheng Tungsten Co., Ltd.	 	Tungsten	 	CHINA	
168	 	Jiangxi Xinsheng Tungsten Industry Co., Ltd.	 	Tungsten	 	CHINA	
169	 	Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.	 	Tungsten	 	CHINA	
170	 	Malipo Haiyu Tungsten Co., Ltd.	 	Tungsten	 	CHINA	
171	 	Xiamen Tungsten (H.C.) Co., Ltd.	 	Tungsten	 	CHINA	
172	 	Jiangxi Gan Bei Tungsten Co., Ltd.	 	Tungsten	 	CHINA	
173	 	CV Venus Inti Perkasa	 	Tin	 	INDONESIA	
174	 	Geib Refining Corporation	 	Gold	 	UNITED STATES OF AMERICA	
175	 	Magnu’s Minerais Metais e Ligas Ltda.	 	Tin	 	BRAZIL	
176	 	Hengyang King Xing Lifeng New Materials Co., Ltd.	 	Tantalum	 	CHINA	
177	 	Ganzhou Seadragon W & Mo Co., Ltd.	 	Tungsten	 	CHINA	
178	 	Melt Metais e Ligas S.A.	 	Tin	 	BRAZIL	
179	 	Asia Tungsten Products Vietnam Ltd.	 	Tungsten	 	VIET NAM	
180	 	PT ATD Makmur Mandiri Jaya	 	Tin	 	INDONESIA	
181	 	D Block Metals, LLC	 	Tantalum	 	UNITED STATES OF AMERICA	
182	 	FIR Metals & Resource Ltd.	 	Tantalum	 	CHINA	
183	 	Jiujiang Zhongao Tantalum & Niobium Co., Ltd.	 	Tantalum	 	CHINA	
184	 	XinXing HaoRong Electronic Material Co., Ltd.	 	Tantalum	 	CHINA	
185	 	MMTC-PAMP India Pvt., Ltd.	 	Gold	 	INDIA	
186	 	Republic Metals Corporation	 	Gold	 	UNITED STATES OF AMERICA	
187	 	Jiangxi Dinghai Tantalum & Niobium Co., Ltd.	 	Tantalum	 	CHINA	
188	 	Chenzhou Diamond Tungsten Products Co., Ltd.	 	Tungsten	 	CHINA	
189	 	Singway Technology Co., Ltd.	 	Gold	 	TAIWAN, PROVINCE OF CHINA	
190	 	O.M. Manufacturing Philippines, Inc.	 	Tin	 	PHILIPPINES	
191	 	PT Inti Stania Prima	 	Tin	 	INDONESIA	
192	 	Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd.	 	Tungsten	 	CHINA	
193	 	KEMET Blue Metals	 	Tantalum	 	MEXICO	
194	 	H.C. Starck Tungsten GmbH	 	Tungsten	 	GERMANY	
195	 	H.C. Starck Smelting GmbH & Co. KG	 	Tungsten	 	GERMANY	
196	 	Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC	 	Tungsten	 	VIET NAM	
197	 	H.C. Starck Co., Ltd.	 	Tantalum	 	THAILAND	
198	 	H.C. Starck Tantalum and Niobium GmbH	 	Tantalum	 	GERMANY	
199	 	H.C. Starck Hermsdorf GmbH	 	Tantalum	 	GERMANY	
200	 	H.C. Starck Inc.	 	Tantalum	 	UNITED STATES OF AMERICA	

 

No	 	Smelter Reference List	 	Metal	 	Location of Facility	
201	 	H.C. Starck Ltd.	 	Tantalum	 	JAPAN	
202	 	H.C. Starck Smelting GmbH & Co. KG	 	Tantalum	 	GERMANY	
203	 	Jiangwu H.C. Starck Tungsten Products Co., Ltd.	 	Tungsten	 	CHINA	
204	 	Global Advanced Metals Boyertown	 	Tantalum	 	UNITED STATES OF AMERICA	
205	 	Global Advanced Metals Aizu	 	Tantalum	 	JAPAN	
206	 	Al Etihad Gold LLC	 	Gold	 	UNITED ARAB EMIRATES	
207	 	Emirates Gold DMCC	 	Gold	 	UNITED ARAB EMIRATES	
208	 	KEMET Blue Powder	 	Tantalum	 	UNITED STATES OF AMERICA	
209	 	CV Ayi Jaya	 	Tin	 	INDONESIA	
210	 	Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji	 	Tungsten	 	CHINA	
211	 	T.C.A S.p.A	 	Gold	 	ITALY	
212	 	Niagara Refining LLC	 	Tungsten	 	UNITED STATES OF AMERICA	
213	 	CV Dua Sekawan	 	Tin	 	INDONESIA	
214	 	CV Tiga Sekawan	 	Tin	 	INDONESIA	
215	 	Korea Zinc Co., Ltd.	 	Gold	 	KOREA, REPUBLIC OF	
216	 	Hydrometallurg, JSC	 	Tungsten	 	RUSSIAN FEDERATION	
217	 	Resind Industria e Comercio Ltda.	 	Tin	 	BRAZIL	
218	 	Unecha Refractory metals plant	 	Tungsten	 	RUSSIAN FEDERATION	
219	 	SAAMP	 	Gold	 	FRANCE	
220	 	Metallo Belgium N.V.	 	Tin	 	BELGIUM	
221	 	Metallo Spain S.L.U.	 	Tin	 	SPAIN	
222	 	PT Bangka Prima Tin	 	Tin	 	INDONESIA	
223	 	SAXONIA Edelmetalle GmbH	 	Gold	 	GERMANY	
224	 	WIELAND Edelmetalle GmbH	 	Gold	 	GERMANY	
225	 	Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH	 	Gold	 	AUSTRIA	
226	 	South-East Nonferrous Metal Company Limited of Hengyang City	 	Tungsten	 	CHINA	
227	 	PT Sukses Inti Makmur	 	Tin	 	INDONESIA	
228	 	Philippine Chuangxin Industrial Co., Inc.	 	Tungsten	 	PHILIPPINES	
229	 	PT Kijang Jaya Mandiri	 	Tin	 	INDONESIA	
230	 	Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.	 	Tungsten	 	CHINA	
231	 	ACL Metais Eireli	 	Tungsten	 	BRAZIL	
232	 	PT Menara Cipta Mulia	 	Tin	 	INDONESIA	
233	 	Jiangxi Tuohong New Raw Material	 	Tantalum	 	CHINA	
234	 	Woltech Korea Co., Ltd.	 	Tungsten	 	KOREA, REPUBLIC OF	

 

No	 	Smelter Reference List	 	Metal	 	Location of Facility	
235	 	HuiChang Hill Tin Industry Co., Ltd.	 	Tin	 	CHINA	
236	 	Moliren Ltd.	 	Tungsten	 	RUSSIAN FEDERATION	
237	 	Power Resources Ltd.	 	Tantalum	 	MACEDONIA, THE FORMER YUGOSLAV REPUBLIC OF	
238	 	Gejiu Fengming Metallurgy Chemical Plant	 	Tin	 	CHINA	
239	 	Guanyang Guida Nonferrous Metal Smelting Plant	 	Tin	 	CHINA	
240	 	AU Traders and Refiners	 	Gold	 	SOUTH AFRICA	
241	 	Gejiu Jinye Mineral Company	 	Tin	 	CHINA	
242	 	PT Lautan Harmonis Sejahtera	 	Tin	 	INDONESIA	
243	 	Guangdong Hanhe Non-Ferrous Metal Co., Ltd.	 	Tin	 	CHINA	
 
List 2:     Listed below are the seven smelters or refiners identified to us by our suppliers as potentially in the supply chain for the Covered Products during the Reporting Period that have processed 3TG metals of undeterminable origin, as well as an indication of which of these smelters or refiners is Active as of May 18th, 2018.

No	 	Smelter Reference List (*)	 	Metal (*)	 	Smelter Country (*)	 	Active*	
1	 	Duoluoshan	 	Tantalum	 	CHINA	 	 	
2	 	Hunan Chenzhou Mining Co., Ltd.	 	Tungsten	 	CHINA	 	 	
3	 	King-Tan Tantalum Industry Ltd.	 	Tantalum	 	CHINA	 	 	
4	 	Guangdong Jinding Gold Limited	 	Gold	 	CHINA	 	 	
5	 	Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company	 	Tin	 	VIETNAM	 	 	
6	 	PT O.M. Indonesia	 	Tin	 	INDONESIA	 	 	
7	 	Modeltech Sdn Bhd	 	Tin	 	MALAYSIA	 	*