Conflict Minerals Platform

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EU reaches decision on Conflict Minerals regulation

Political Deal to Curb Trade in Conflict Minerals

The European Union has agreed on a framework to stop the financing of armed groups through trade in gold and other resources from conflict zones. Key points:

  • obligations for upstream part of the Conflict Minerals supply chain importing metals & minerals to the EU (including smelters and refiners)
  • binding on importers of raw materials, finished or semi-finished products / components not affected
  • small volume importers are exempted from these obligations
  • worldwide geographical scope
  • European Commission will carry out other measures to boost supply chain due diligence by EU downstream companies
  • builds on OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas
  • final adoption of the regulation in the coming months

Learn more in the official press release of the European Commission.