Conflict Mineral Procurement Policy
Con ict Minerals Investigation Process
Conflict Mineral Management and Due Diligence
The management and due diligence survey results of conflict minerals in the supply chain have identified 226 3TGs smelters, 53 cobalt mines, and 3 mica smelters. The smelter/ refinery list announced on the official website of the Responsible Minerals Initiative (RMI) is subject to change as smelters may be removed from the qualified list due to closure, withdrawal from the RMAP (Responsible Minerals Assurance Process) program, or suspension of production.
Simplo Technology requires suppliers to follow the "Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas" published by the OECD and conduct due diligence based on this Guidance. At the same time, we have introduced RPA automation to regularly monitor the latest smelter information published on the RMI's official website, ensuring that our system maintains the most complete data. We adopt automation management on a rolling basis to ensure that the submitted data from vendors complies with the latest regulations and customer requirements.
Due to the increased requirements of the EU Batteries Regulation on the transparency of the supply chain for priority minerals, starting from 2025, we will launch the AMRT (Additional Minerals Reporting Template) survey for suppliers of key critical materials. This includes due diligence on four minerals: copper, graphite, lithium, and nickel, further promoting transparency and responsible resource procurement in the supply chain.
