As a designer and supplier of electronic products, PRECO Electronics® is aware of its obligations with regards to laws and regulations regarding “Conflict Minerals”, specifically the Dodd-Frank Wall Street Reform and Consumer Protection Act, Section 1502.
PRECO does not directly source or process conflict minerals such as Tin, Tantalum, Tungsten or Gold. However, these minerals may be included in the components we buy from other suppliers.
It is PRECO’s goal to use tantalum, tin, tungsten, and gold in our products that do not directly or indirectly finance or benefit armed groups in the DRC or adjoining countries while continuing to support responsible mineral sourcing in the region. PRECO expects its suppliers to have in place policies and due diligence measures that will enable us to reasonably assure that products and components supplied to us containing conflict minerals are DRC conflict free. PRECO expects its suppliers to comply with the Electronic Industry Citizenship Coalition (EICC) Code of Conduct. In support of this policy, PRECO: Exercises due diligence by requiring current component suppliers within its supply to verify their compliance with the regulations. We are currently working with our suppliers to ensure that they are using smelters that are compliant with the Conflict-Free Smelter Program assessment protocols or the CFSI Active Smelter/Refinery List.
All new components are first verified as using compliant smelters from the Conflict-Free Smelter Program assessment protocols or the CFSI Active Smelter/Refinery List before approval.
PRECO is committed to transparency in the ongoing implementation of this policy by making available our completed CFSI CMRT template declaration upon request.
Jim Bean – President and CEO of PRECO Electronics