The European Parliament on March 16 approved a draft EU regulation to prevent the minerals trade from funding conflict and human rights violations. It was approved by 558 votes to 17 with 45 abstentions.
The “conflict minerals” law will oblige all but the smallest EU importers of tin, tungsten, tantalum, gold to do “due diligence” checks on their suppliers. Big manufacturers will also have to disclose how they plan to monitor their sources to comply with the rules.
“The new regul...
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