EU Conflict Minerals Program Now Expected to be Voluntary

Recent reports indicate that the anticipated EU conflict minerals scheme will be a voluntary initiative rather than a legally-required Directive.

Based on information available at this time, the EU approach:

  • Will cover only 3TG for now, but may expand in the future;
  • Will place the burden more on the upstream supply chain and may include certificates that accompany shipments;
  • Implies final product labeling of conflict-free status; and
  • Will be more global in coverage than the African countries covered by the US Dodd-Frank law and associated regulations.

Karel De Gucht is expected to offer the proposal to the European Commission in March.

 

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