Background
Per the Dodd-Frank Act, the Securities and Exchange Commission (鈥淪EC鈥) issues rules relating to the use of 鈥淐onflict Minerals鈥 within manufactured products. Conflict Minerals are tin, tantalum, tungsten and gold (also known as 鈥3TG鈥). The SEC requires any SEC registrant whose products contain any 3TG (鈥3TG Product鈥) to determine whether the 3TG in the 3TG Product originated from the Democratic Republic of the Congo (鈥淒RC鈥) or adjoining countries (collectively, the 鈥淒RC Region鈥) and, if so, whether the 3TG is 鈥渃onflict free鈥. 鈥3TG Conflict Free鈥 means that the supply chain is transparent and the 3TG in 3TG Products does not benefit armed groups responsible for serious human rights abuses in the DRC Region.
Commitment
美高梅娱乐场, as a private company, is not required to comply with the SEC鈥檚 3TG rule. However, 美高梅娱乐场 understands the importance of sourcing conflict-free minerals and will work with our suppliers to strive towards sourcing product that is considered 鈥3TG Conflict Free鈥.
Expectations of Suppliers
We expect our suppliers, at a minimum, to:
Require their suppliers to work towards achieving 鈥3TG Conflict Free鈥 status. To provide 美高梅娱乐场 with Conflict Mineral data when requested, identifying 3TG Product they sell to 美高梅娱乐场 and the smelter that provided the original 3TG material. 美高梅娱乐场 collaborates with a third-party compliance company called Assent Compliance to survey our suppliers on Conflict Minerals. Upon request, suppliers must complete the Conflict Mineral Reporting Template (CMRT). Assent reviews these surveys and works with non-compliant suppliers to place them on action improvement plans.
Ultimately, supply 3TG Product that is 3TG Conflict Free.