Conflict Minerals Statement

Conflict Minerals 

Hydrotek Statement against Use of “Conflict Minerals

Hydrotek has always respected international human rights and continuously practiced the idea of being a world citizen.  In response to Bill H.R. 4173 Dodd-Franck Act signed by U.S. President Obama in July 2010, MPT specifically states its prohibition against the use of Conflict Minerals.

 

Hydrotek Statement ：

1.     Although Hydrotek does not directly purchase metal raw materials, we strongly express that we do not support and do not use any metal mineral such as cobalt (Co), stannum (Sn), palladium (Pd), tantalum (Ta), wolfram (W) or gold (Au) extracted from mining fields with armed conflict, illegal exploitation, or shoddy work environment in the Democratic Republic of Congo (DRC) and its neighboring countries.

2.     In order to avoid the use of metal from illegal exploitation among raw materials and during the production process, Hydrotek requires suppliers to refuse the use of any “Conflict Minerals” from conflict areas and to verify the source of the mineral.  It also requires suppliers to communicate this requirement to its upstream suppliers to fulfill the responsibilities of enterprise citizens together.

Note 1: One article in the bill of the Dodd-Frank Act requires the Securities Exchange Commission to stipulate that any person trading or using any conflict mineral duly trace the source of the mineral, including Coltan, Cassiterite, Gold and Wolframite.

 

Note 2: “Conflict Mineral” – certain metal minerals that have become the major financial source for organizations of armed insurrection in the Democratic Republic of Congo (DRC) and its neighboring countries to serve the purpose of arms trafficking, extending bloody conflicts with their government, ravaging local civilians, and drafting child soldiers and mineral workers by force, causing continuous international dispute.