European Parliament Votes for Tougher Measures on Conflict Minerals

European gold, tantalum (the material that makes mobile phones vibrate), tungsten and tin imports from conflict zones will be subjected to tougher surveillance procedures under a new regulation adopted by the European parliament on Wednesday.
MEPs in Strasbourg voted to enforce an obligatory monitoring system for the whole supply chain of “conflict minerals”, affecting 800,000 European companies.
Mineral importers, smelters and refineries, but also manufacturers of consumer products such as mobile phones, tablets, washing machines, will have to ensure that revenues from the minerals they use are not funding conflicts.



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