On August 22, 2012, the Securities and Exchange Commission (SEC) adopted a new rule and form, as mandated by Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act"). This rule requires companies to publicly disclose their use of conflict minerals originating from the Democratic Republic of the Congo (DRC) or its adjoining countries (collectively, the "Covered Countries"). Under Section 1502, "conflict minerals" include tantalum, tin, gold, and tungsten.
Congress enacted Section 1502 due to concerns that the exploitation and trade of these minerals by armed groups is financing conflict in the DRC region and contributing to a severe humanitarian crisis. These minerals are often mined and sold under violent and abusive conditions, with proceeds used to fund armed conflict.
At Meridian Cable, we are committed to sourcing raw materials, metals, components, and products that contain these conflicted minerals such as tin, tantalum, tungsten, and gold (3TG) from suppliers who, to the best of our knowledge, do not source from conflicted regions. Meridian Cable is dedicated to operating in a socially responsible manner and expects all suppliers within our supply chain to provide products and materials from ethically sourced origins.
Our goal is to ensure a conflict-free supply chain.
Leslie Roland
Operations
October 24th, 2024, Rev 1