MOUND HOUSE, Nev.--(BUSINESS WIRE)--Today the United Nations Group of Experts on the Democratic Republic of the Congo published its 2009 Final Report regarding the implementation of sanctions in the Democratic Republic of the Congo. Niotan, Inc., a processor of the mineral tantalum for use in electronics, seeks to clarify the sourcing of its minerals and restate its commitment to respecting human rights in the region.
Niotan does not source tantalum from the Democratic Republic of the Congo and takes every possible step to ensure that tantalum tainted by conflict – in the form of 'coltan' or any other form – does not enter its supply chain. Furthermore, Niotan has a policy against the purchase of any tantalum precursor material originating from Democratic Republic of the Congo ore.
In all of its sourcing of minerals, Niotan has served as a leader regarding transparency and traceability, and embraces best practices in the industry. Niotan recognizes the extremely serious humanitarian issues in the eastern Democratic Republic of the Congo and looks forward to working with all concerned parties to address the situation in accordance with the United Nations’ recommendations.
Circulation of the United Nations report prior to its official publication resulted in media coverage that depicted the company erroneously. Specifically, an article by Mr. Joe Lauria published in GlobalPost on December 3, 2009 contains a number of significant factual inaccuracies, some of which were subsequently picked up by other news outlets. The most significant of these errors is a statement that the United Nations report identified Niotan as sourcing conflict resources from the Democratic Republic of the Congo.
Niotan was not in fact identified in the United Nations report as a buyer of conflict resources. Niotan does not source tantalum – in the form of 'coltan' or any other form – from the Democratic Republic of the Congo.
Niotan chief executive officer John Crawley commented, “As a member of the executive committee of the Tantalum-Niobium International Study Center (T.I.C.), I am proud that Niotan has led the process to strengthen the industry’s compliance and due diligence aimed at preventing conflict resources from entering its supply chain in accordance with the 2008 recommendations of the United Nations Group of Experts on the Democratic Republic of the Congo. Niotan recognizes the efforts of the United Nations to address this humanitarian crisis, and looks forward to working with concerned parties to implement the United Nations’ recommendations regarding conflict resources.”
About Niotan, Inc.
Niotan Inc. is a privately held specialist in the metallurgy industry, headquartered in Mound House, Nevada. Employing nearly 70 people, the company manufactures and processes tantalum products, mainly the conversion of tantalum rich salts into tantalum powder for sale to electronic capacitor manufacturers.
Monday, December 07, 2009
Niotan, Inc. Responds to U.N. Report on the Implementation of Sanctions in the Democratic Republic of the Congo
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment