Document

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
  
FORM SD
Specialized Disclosure Report
  
Mercury Systems, Inc.
(Exact Name of Registrant as Specified in Charter)
 
 
     
Massachusetts 000-23599 04-2741391
(State or Other Jurisdiction
of Incorporation)
 (Commission File Number) 
(IRS Employer
Identification No.)
50 Minuteman Road, Andover, Massachusetts 01810
(Address of Principal Executive Offices) (Zip Code)

Christopher C. Cambria, (978) 256-1300
(Name and telephone number, including area code, of the person to contact in connection with this report)
  
Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:
[X]  Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2019.


1




Section 1 – Conflict Minerals Disclosure
Item 1.01 Conflict Minerals Disclosure and Report
For calendar year 2019, Mercury Systems, Inc. (“we,” “us,” or “our”) conducted a reasonable country of origin inquiry and supply chain due diligence to determine whether our products contained any conflict minerals that originated from the Democratic Republic of the Congo or an adjoining country. A summary of our reasonable country of origin inquiry and due diligence is contained in our conflict minerals report filed as exhibit 1.01 to this report and is incorporated herein by reference.
 
In accordance with Rule 13p-1 under the Securities Exchange Act of 1934, as amended, we have filed this Specialized Disclosure Report on Form SD, and the conflict minerals report exhibit hereto, with the U.S. Securities and Exchange Commission and have posted such report on our website at https://www.mrcy.com/company-overview/corporate-sustainability/responsible-sourcing/ under the heading of Conflict Minerals. Information contained on our website does not constitute part of this report.

Forward-Looking Statements

This report contains forward-looking statements within the meaning of the federal securities laws. Any statements that do not relate to historical or current facts or matters are forward-looking statements. You can identify some of the forward-looking statements by the use of forward-looking words, such as “believe,” “intend,” “expect,” “will” or the use of future tense. Statements concerning current conditions may also be forward-looking if they imply a continuation of current conditions. Forward-looking statements are subject to risks and uncertainties that could cause actual actions or performance to differ materially from those expressed in the forward-looking statements. These risks and uncertainties include, but are not limited to: the continued implementation of satisfactory traceability and other compliance measures by our direct and indirect suppliers, on a timely basis or at all; whether market participants responsibly source conflict minerals; and changes in the conflict minerals regulations and other political and regulatory developments, whether in the Democratic Republic of the Congo and its adjoining countries, the United States, or elsewhere. You are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of filing of this report. We do not intend, and undertake no obligation, to publish revised forward-looking statements to reflect events or circumstances after the date of filing of this report or to reflect the occurrence of unanticipated events.

Item 1.02 Exhibit

A conflict minerals report covering calendar year 2019 has been filed as exhibit 1.01 to this Form SD.

Section 2 – Exhibits

Item 2.01 Exhibits

Exhibit 1.01 – Mercury Systems, Inc. Conflict Minerals Report for the Year Ended December 31, 2019


2



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

Dated: June 1, 2020
 
MERCURY SYSTEMS, INC.

By:/s/ Christopher C. Cambria
Christopher C. Cambria
Executive Vice President, General Counsel, and Secretary
3

Document

Exhibit 1.01
Mercury Systems, Inc.
Conflict Minerals Report
For the Year Ended December 31, 2019

This conflict minerals report for the year ended December 31, 2019 is presented to comply with Rule 13p-1 under the Securities Exchange Act of 1934, as amended. The U.S. Securities and Exchange Commission (“SEC”) issued Rule 13p-1 to implement the reporting and disclosure requirements related to conflict minerals as directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act. This report has been prepared based on Rule 13p-1 as further clarified by the SEC guidance issued on April 29, 2014 in response to the decision of the United States Court of Appeals for the District of Columbia Circuit in National Association of Manufacturers, et al. v. SEC, et al., No. 13-5252 (D.C. Cir. April 14, 2014). References in this report to “DRC” are to the Democratic Republic of the Congo and its adjoining countries (Tanzania, Zambia, Republic of Congo, Central African Republic, Angola, Uganda, Rwanda, South Sudan and Burundi). References in this report to “conflict minerals” are to cassiterite, columbite-tantalite, gold, wolframite, and their derivatives, which based on regulations from the SEC are limited to tin, tantalum, tungsten, and gold (“3TG”).
Our Products
Mercury Systems, Inc. (collectively with its subsidiaries, “we,” “us,” or “our”) is the leader in making trusted, secure mission-critical technologies profoundly more accessible to aerospace and defense. Our innovative solutions power more than 300 aerospace, commercial aviation, defense, security and intelligence programs, configured and optimized for mission success in some of the most challenging and demanding environments. Headquartered in Andover, Massachusetts, with manufacturing and design facilities around the world, we specialize in engineering, adapting and manufacturing new solutions purpose-built to meet current and emerging high-tech needs. Our products and solutions have been successfully deployed with over 25 different defense prime contractors, a testament to our deep domain expertise and our commitment to Innovation That Matters®.
Our unique capabilities, technology and R&D investment strategy combine to differentiate Mercury in our industry. Our technologies and capabilities include secure embedded processing modules and subsystems, mission computers, secure and rugged rack-mount servers, safety-critical avionics, radio frequency (“RF”) components, multi-function assemblies and subsystems. We maintain our technological edge by investing in critical capabilities and intellectual property (“IP” or “building blocks”) in processing and RF, leveraging open standards and open architectures to quickly adapt those building blocks into solutions for highly data-intensive applications for the sensor processing chain, all the way from the sensor to the network. This can encompass multiple sensor and mission processing functions - including emerging needs in artificial intelligence. We leverage the Company’s building blocks to design, build and manufacture integrated sensor processing subsystems - often including classified application-specific software and IP - for the C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) and electronic warfare markets. These subsystems are deployed by our customers - defense and commercial aerospace companies, defense prime contractors and the U.S. Department of Defense - in a variety of mission-critical applications. An important component of adapting these technologies and IP for these applications is our investment in specialized packaging, ruggedization and cooling to address size, weight and power challenges. These investments, coupled with our domestic design, development, and manufacturing capabilities in mission computing, safety-critical
1



avionics and platform management solutions and RF, microwave and millimeter wave components and subsystems bring significant domain expertise to our customers.
In January 2019, we acquired GECO Avionics, LLC (“GECO”). GECO has over twenty years of experience designing and manufacturing affordable safety-critical avionics and mission computing solutions. In April 2019, we acquired The Athena Group, Inc. (“Athena”), a leading provider of cryptographic and countermeasure IP vital to securing defense computing systems. In April 2019, we acquired Syntonic Microwave LLC (“Syntonic”), a leading provider of advanced synthesizers, wideband phase coherent tuners and microwave converters optimized for signals intelligence and electronic intelligence applications demanding frequency coverage up to 40 GHz with 2 GHz instantaneous bandwidth. In September 2019, we acquired American Panel Corporation (“APC”), a leading innovator in large area display technology for the aerospace and defense market. The operations of GECO, Athena, Syntonic, and APC are included in the scope of this calendar year 2019 conflict minerals report.
During calendar year 2019, we manufactured and sold products as well as provided software and services. Manufacturing operations include manufacturing at our own facilities and by contract manufacturers using our design specifications. We provide products in the fields of radio frequency, analog-to-digital and digital to analog conversion, advanced multi- and many-core sensor processing systems, embedded security, digital storage, and digital radio frequency memory solutions, software defined communications capabilities, and advanced security technologies and capabilities. Examples of our products include: power amplifiers and limiters; switches; oscillators; filters; equalizers; digital and analog converters; chips; MMICs (monolithic microwave integrated circuits); memory and storage devices; embedded processing modules; embedded processing boards; switch fabric boards; high speed input/output boards; digital receiver boards; graphics and video processing and Ethernet and IO (input-output) boards; multi-chip modules; integrated radio frequency and microwave multi-function assemblies; tuners; transceivers; rack-mount servers; display head assemblies; and integrated subsystems that include multiple modules and/or subassemblies. Conflict minerals, as defined by the regulations of the SEC (i.e., tin, tantalum, tungsten, and gold, or 3TG), are essential to the functionality of most electronic devices and their use is extensive in the electronics industry. Examples of the use of conflict minerals in electronics include: tin solders for joining circuits; tantalum in capacitors; tungsten in metal wires, electrodes, and electrical contacts; and gold in electric plating and circuit boards. We performed a review of our products in light of the SEC’s conflict minerals regulations and the vendors supplying the components and materials incorporated into our products. Our products are digital and radio frequency/ microwave subsystems, modules, sub-assemblies and components, incorporating multiple electronic components and connectors. Components and connectors of this type could contain conflict minerals as defined by the SEC, regardless of the country of origin of those minerals.
Our Calendar Year 2019 Reasonable Country of Origin Inquiry and Supply Chain Due Diligence
We do not engage in the extraction, transportation, handling, trading, processing, smelting, refining, or alloying of any conflict minerals and we do not acquire conflict minerals directly from any smelter or refiner, regardless of country of origin. To the extent that conflict minerals may be incorporated into our products, they are acquired through our supply chain in the form of components, connectors, solder, and other materials that we or our contract manufacturers incorporate into our finished products. We designed our conflict minerals reasonable country of origin inquiry and supply chain due diligence around our product manufacturing supply chain. We defined the scope of our conflict minerals inquiry by identifying and contacting the suppliers on our approved vendor list that provide components or other materials that may contain conflict minerals. We rely upon our suppliers to provide information on the origin of the conflict minerals contained in materials supplied to us, including sources of conflict
2



minerals that are supplied to them from sub-tier suppliers. We expect our suppliers to provide us with sourcing information per our conflict minerals policy.
In general, we encountered the following challenges in obtaining responses from our suppliers:
 
we are dependent on information received from our direct suppliers to conduct our reasonable country of origin inquiry process;
 
we have a varied supplier base with differing levels of resources and sophistication, and many of our suppliers are not themselves subject to Rule 13p-1 of the Securities Exchange Act of 1934, as amended; and
 
some suppliers may have been unable to provide a timely response to our inquiries due to the COVID-19 pandemic impacting their operations, including with their employees working from home and an increased workload with their customers conducting supply chain COVID-19 continuity of supply planning.

Our Approved Vendor List
Our supply chain approved vendor list (“AVL”) contained 1,836 third-party vendors from whom we and our contract manufacturers could source materials for the manufacture of our products that may contain conflict minerals. In many cases, for a given component in one of our products, we have multiple vendors as a source for that component and each of those vendors is listed on our AVL. Our procedures for adding a vendor to our AVL include a review of the vendor’s conflict minerals status as part of the approval process.
The vendors on our AVL vary greatly in size and resources, from multi-national, publicly-traded companies that provide electronic components and materials to a wide industry segment down to local, family-owned businesses that provide us with custom fabricated components on a limited run basis.
Our Conflict Minerals Policy Statement and Supplier Outreach
We first adopted our conflict minerals policy statement in 2013 and our current policy statement is posted on our corporate website, www.mrcy.com, under the heading “Who We Are,” then “Corporate Sustainability,” and then “Responsible Sourcing.” Our conflict minerals due diligence process included the development of a conflict minerals policy, establishment of a cross-functional team, communication with suppliers, gathering compliance data, and measuring and internally reporting our due diligence progress during the period. We distributed supplier notices summarizing our conflict minerals policy to all of the suppliers on our AVL.
Since 2013, our conflict minerals due diligence process has included ongoing communication with suppliers, gathering compliance data, and measuring and internally reporting our due diligence progress during the period. For our calendar year 2019 Reasonable Country of Origin Inquiry (“RCOI”), we engaged Source Intelligence to enhance our conflict minerals compliance program.
All 1,836 third-party vendors on our AVL were included in the RCOI performed by Source Intelligence. Prior to being asked to provide conflict minerals data, suppliers were asked a series of questions to determine whether the products they supply to us contain 3TG which is necessary to the functionality or production of our products. This information was used to determine which suppliers were in scope for regulatory purposes and thus asked to provide additional conflict minerals information.
3



We engaged with Source Intelligence to develop a list of suppliers determined to be in-scope for regulatory purposes based on our influence over the manufacturing process (i.e., meeting the manufacture or contract to manufacture definitions in SEC Rule 13p-1) and potential use of 3TG. Source Intelligence contacted our suppliers to collect information about the presence and sourcing of the 3TG used in the products and components supplied to us. This program utilized the Conflict-Free Sourcing Initiative’s Conflict Minerals Reporting Template (“CMRT”). Only CMRT’s version 3.0 or higher were accepted. Suppliers were offered two options to submit the required information, either by uploading the CMRT in MS Excel format or by completing an online survey version of this template directly in the Source Intelligence platform. In certain cases if a supplier was unable to complete the survey on the platform, we or Source Intelligence uploaded the CMRT on their behalf.
Source Intelligence sent an email to suppliers containing a registration and survey request link for the on-line data collection platform. Following the initial introductions to the program and information request, one email reminder was sent to each non-responsive supplier requesting survey completion. In recognition that the information requested can take time to collect and aggregate, suppliers were given a final deadline of April 15, 2020 to provide information about the metal processors present in their supply chains for the calendar 2019 reporting year. Suppliers were asked to provide information regarding the sourcing of their materials with the ultimate goal of identifying the 3TG smelters or refiners and associated mine countries of origin. Suppliers who had already performed a RCOI through the use of the CMRT were asked to upload this document into the Source Intelligence system or to provide this information in the online survey version. We chose to give our suppliers the ability to share information at a level with which they were most comfortable, i.e. company, product or user-defined, but the declaration scope had to be specified. Suppliers were requested to provide an electronic signature before submitting their data to verify that all answers submitted were accurate to the best of the supplier’s knowledge but the suppliers were not required to provide an electronic signature to submit their data. Source Intelligence evaluated the supplier responses for plausibility, consistency and gaps. If any of the following quality control flags were raised, suppliers were automatically contacted by Source Intelligence on a bi-weekly basis up to three times:
one or more smelters or refiners were listed for an unused metal;

smelter or refiner information was not provided for a used metal, or such information provided was not a verified metal processor;

the supplier answered yes to sourcing from the Democratic Republic of the Congo or adjoining countries, but none of the smelters or refiners listed are known to source from the region;

the supplier indicated that they have not received conflict minerals data for each metal from all relevant suppliers;

the supplier indicated they have not identified all of the smelters or refiners used for the products included in the declaration scope;

the supplier indicated they have not provided all applicable smelter or refiner information received; and

the supplier indicated 100% of the 3TG for products covered by the declaration originates from scrap/recycled sources, but one or more smelters or refiners listed are not known to be exclusive recyclers.
4




For supply chains with smelters or refiners that are known or thought to be sourcing from the Democratic Republic of the Congo or adjoining countries, additional investigation is conducted to determine the source and chain-of-custody of the regulated metals. Source Intelligence relies on the following internationally accepted audit standards to determine which smelters or refiners are considered “DRC Conflict Free”: the Responsible Minerals Assurance Process (“RMAP”); the London Bullion Market Association Good Delivery Program (“LBMA”); and the Responsible Jewellery Council Chain-of-Custody Certification (“RJC”). Source Intelligence is an official vendor member of the Responsible Minerals Initiative (“RMI”) to further facilitate the exchange of supply chain data and technical information in the quest for global ethical sourcing of materials.
If the smelter or refiner is not certified by these internationally-recognized schemes, Source Intelligence attempts to contact them to gain more information about their sourcing practices, including countries of origin and transfer, and whether there are any internal due diligence procedures in place or other processes they undertake to track the chain-of-custody on the source of their mineral ores. Relevant information reviewed includes: whether the smelter or refiner has a documented, effective and communicated conflict-free policy; an accounting system to support a mass balance of materials processed; and traceability documentation. Source Intelligence also performs internet research to determine whether there are any outside sources of information regarding the smelter or refiners sourcing practices. Source Intelligence attempts up to three contacts to smelters or refiners to gather information on mine country of origin and sourcing practices.
A total of 1,836 suppliers were identified as in-scope for conflict mineral regulatory purposes and contacted as part of the RCOI process conducted by Source Intelligence. Appendix A contains each unique smelter-metal combination reported to be in our supply chain with additional information from the Source Intelligence smelter database, including metal, smelter name, RMI smelter identification, smelter country, verification status, conflict-free certifications, and certified smelter status.
Third Party Audit
Based on the SEC guidance issued on April 29, 2014 in response to the decision of the United States Court of Appeals for the District of Columbia Circuit in National Association of Manufacturers, et al. v. SEC, et al., No. 13-5252 (D.C. Cir. April 14, 2014), we are not required to obtain an independent private sector audit of the design of our calendar year 2019 due diligence framework or the summary of our due diligence contained in this report.
Measures to Improve Due Diligence
We expect to continue to perform our supply chain due diligence measures with the goal of achieving greater accuracy and transparency into our supply chain by reviewing supplier contracts and their Conflict Minerals policies on an as-needed basis to verify that relevant Conflict Mineral provisions are in place, developing our Conflict Mineral guidelines and procedures as needed, creating further awareness within the organization to promote positive change, and continually identifying areas of improvement.


5



Appendix A
MetalOfficial Smelter NameRMI Smelter IDSmelter CountryVerification StatusConflict-Free CertificationsCertified Smelter
GoldMatsuda Sangyo Co., Ltd.CID001119JapanRMILBMA, RMAPYES
GoldOgussa Osterreichische Gold- und Silber-Scheideanstalt GmbHCID002779AustriaRMIRJC, RMAPYES
GoldSingway Technology Co., Ltd.CID002516TaiwanRMIRMAPYES
Gold8853 S.p.A.CID002763ItalyRMIRMAPYES
GoldMetalurgica Met-Mex Penoles S.A. De C.V.CID001161MexicoRMILBMA, RMAPYES
GoldSOE Shyolkovsky Factory of Secondary Precious MetalsCID001756Russian FederationRMILBMA, RMAPYES
GoldSolar Applied Materials Technology Corp.CID001761TaiwanRMILBMA, RMAPYES
GoldRefinery of Seemine Gold Co., Ltd.CID000522ChinaRMINO
GoldAdvanced Chemical CompanyCID000015United StatesRMIRMAPYES
GoldMetalor Technologies (Hong Kong) Ltd.CID001149ChinaRMILBMA, RJC, RMAPYES
GoldMetalor Technologies (Singapore) Pte., Ltd.CID001152SingaporeRMILBMA, RJC, RMAPYES
GoldMetalor Technologies (Suzhou) Ltd.CID001147ChinaRMIRJC, RMAPYES
GoldMetalor Technologies S.A.CID001153SwitzerlandRMILBMA, RJC, RMAPYES
GoldMetalor USA Refining CorporationCID001157United StatesRMILBMA, RJC, RMAPYES
GoldAsahi Refining Canada Ltd.CID000924CanadaRMILBMA, RMAPYES
GoldAida Chemical Industries Co., Ltd.CID000019JapanRMIRMAPYES
GoldGeib Refining CorporationCID002459United StatesRMIRMAPYES
GoldDegussa Sonne / Mond Goldhandel GmbHCID002867GermanyRMINO
GoldL'Orfebre S.A.CID002762AndorraRMIRMAPYES
GoldAl Etihad Gold Refinery DMCCCID002560United Arab EmiratesRMIRMAPYES
GoldPease & CurrenCID002872United StatesRMINO
GoldSAAMPCID002761FranceRMIRJC, RMAPYES
GoldAllgemeine Gold-und Silberscheideanstalt A.G.CID000035GermanyRMILBMA, RJC, RMAPYES
GoldTony Goetz NVCID002587BelgiumRMINO
GoldAlmalyk Mining and Metallurgical Complex (AMMC)CID000041UzbekistanRMILBMA, RMAPYES
GoldSudan Gold RefineryCID002567SudanRMINO
GoldMitsubishi Materials CorporationCID001188JapanRMILBMA, RMAPYES
GoldMitsui Mining and Smelting Co., Ltd.CID001193JapanRMILBMA, RMAPYES
GoldMMTC-PAMP India Pvt., Ltd.CID002509IndiaRMILBMA, RMAPYES
GoldSumitomo Metal Mining Co., Ltd.CID001798JapanRMILBMA, RMAPYES
GoldMorris and WatsonCID002282New ZealandRMINO
GoldMoscow Special Alloys Processing PlantCID001204Russian FederationRMILBMA, RMAPYES
GoldAngloGold Ashanti Corrego do Sitio MineracaoCID000058BrazilRMILBMA, RMAPYES
GoldNadir Metal Rafineri San. Ve Tic. A.S.CID001220TurkeyRMILBMA, RMAPYES
GoldGuangdong Jinding Gold LimitedCID002312ChinaRMINO
GoldT.C.A S.p.ACID002580ItalyRMILBMA, RMAPYES
GoldAfrican Gold RefineryCID003185UgandaSource IntelligenceNO
GoldArgor-Heraeus S.A.CID000077SwitzerlandRMILBMA, RMAPYES
6



GoldAsahi Pretec Corp.CID000082JapanRMILBMA, RMAPYES
GoldAsaka Riken Co., Ltd.CID000090JapanRMIRMAPYES
GoldBangalore RefineryCID002863IndiaRMIRMAPYES
GoldNavoi Mining and Metallurgical CombinatCID001236UzbekistanRMINO
GoldTanaka Kikinzoku Kogyo K.K.CID001875JapanRMILBMA, RMAPYES
GoldAtasay Kuyumculuk Sanayi Ve Ticaret A.S.CID000103TurkeyRMINO
GoldGCC Gujrat Gold Centre Pvt. Ltd.CID002852IndiaRMINO
GoldAurubis AGCID000113GermanyRMILBMA, RMAPYES
GoldHunan Guiyang yinxing Nonferrous Smelting Co., Ltd.CID000773ChinaRMINO
GoldNihon Material Co., Ltd.CID001259JapanRMILBMA, RMAPYES
GoldBangko Sentral ng Pilipinas (Central Bank of the Philippines)CID000128PhilippinesRMILBMA, RMAPYES
GoldHangzhou Fuchunjiang Smelting Co., Ltd.CID000671ChinaRMINO
GoldGreat Wall Precious Metals Co., Ltd. of CBPMCID001909ChinaRMINO
GoldDS PRETECH Co., Ltd.CID003195Korea, Republic ofRMIRMAPYES
GoldThe Refinery of Shandong Gold Mining Co., Ltd.CID001916ChinaRMILBMA, RMAPYES
GoldInternational Precious Metal RefinersCID002562United Arab EmiratesRMINO
GoldQG Refining, LLCCID003324United StatesRMINO
GoldLT Metal Ltd.CID000689Korea, Republic ofRMIRMAPYES
GoldHeimerle + Meule GmbHCID000694GermanyRMILBMA, RMAPYES
GoldPlanta Recuperadora de Metales SpACID002919ChileRMIRMAPYES
GoldHeraeus Metals Hong Kong Ltd.CID000707ChinaRMILBMA, RJC, RMAPYES
GoldBoliden ABCID000157SwedenRMILBMA, RMAPYES
GoldHeraeus Precious Metals GmbH & Co. KGCID000711GermanyRMILBMA, RMAPYES
GoldTokuriki Honten Co., Ltd.CID001938JapanRMILBMA, RMAPYES
GoldTongling Nonferrous Metals Group Co., Ltd.CID001947ChinaRMINO
GoldTOO Tau-Ken-AltynCID002615KazakhstanRMIRMAPYES
GoldTorecomCID001955Korea, Republic ofRMIRMAPYES
GoldC. Hafner GmbH + Co. KGCID000176GermanyRMILBMA, RJC, RMAPYES
GoldOhura Precious Metal Industry Co., Ltd.CID001325JapanRMIRMAPYES
GoldOJSC Novosibirsk RefineryCID000493Russian FederationRMILBMA, RMAPYES
GoldCaridadCID000180MexicoRMINO
GoldOJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet)CID001326Russian FederationRMILBMA, RMAPYES
GoldCCR Refinery - Glencore Canada CorporationCID000185CanadaRMILBMA, RMAPYES
GoldCendres + Metaux S.A.CID000189SwitzerlandRMIRMAPYES
GoldUmicore Brasil Ltda.CID001977BrazilRMILBMA, RMAPYES
GoldUmicore Precious Metals ThailandCID002314ThailandRMIRJC, RMAPYES
GoldUmicore S.A. Business Unit Precious Metals RefiningCID001980BelgiumRMILBMA, RMAPYES
GoldHunan Chenzhou Mining Co., Ltd.CID000767ChinaRMINO
GoldPAMP S.A.CID001352SwitzerlandRMILBMA, RMAPYES
GoldUnited Precious Metal Refining, Inc.CID001993United StatesRMIRMAPYES
GoldPenglai Penggang Gold Industry Co., Ltd.CID001362ChinaRMINO
7



GoldHwaSeong CJ CO., LTD.CID000778Korea, Republic ofRMINO
GoldChimet S.p.A.CID000233ItalyRMILBMA, RMAPYES
GoldValcambi S.A.CID002003SwitzerlandRMILBMA, RJC, RMAPYES
GoldInner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.CID000801ChinaRMILBMA, RMAPYES
GoldPrioksky Plant of Non-Ferrous MetalsCID001386Russian FederationRMILBMA, RMAPYES
GoldChugai MiningCID000264JapanRMIRMAPYES
GoldPT Aneka Tambang (Persero) TbkCID001397IndonesiaRMILBMA, RMAPYES
GoldWestern Australian Mint (T/a The Perth Mint)CID002030AustraliaRMILBMA, RMAPYES
GoldIshifuku Metal Industry Co., Ltd.CID000807JapanRMILBMA, RMAPYES
GoldIstanbul Gold RefineryCID000814TurkeyRMILBMA, RMAPYES
GoldItalpreziosiCID002765ItalyRMIRJC, RMAPYES
GoldWIELAND Edelmetalle GmbHCID002778GermanyRMIRMAPYES
GoldJALAN & CompanyCID002893IndiaRMINO
GoldJapan MintCID000823JapanRMILBMA, RMAPYES
GoldCGR Metalloys Pvt Ltd.CID003382IndiaRMINO
GoldDijllah Gold Refinery FZCCID003348United Arab EmiratesRMINO
GoldGold Coast RefineryCID003186GhanaRMINO
GoldSovereign MetalsCID003383IndiaRMINO
GoldC.I Metales Procesados Industriales SASCID003421ColombiaRMINO
GoldJiangxi Copper Co., Ltd.CID000855ChinaRMILBMA, RMAPYES
GoldPX Precinox S.A.CID001498SwitzerlandRMILBMA, RMAPYES
GoldDaye Non-Ferrous Metals Mining Ltd.CID000343ChinaRMINO
GoldYamakin Co., Ltd.CID002100JapanRMIRMAPYES
GoldGuoda Safina High-Tech Environmental Refinery Co., Ltd.CID000651ChinaRMINO
GoldRand Refinery (Pty) Ltd.CID001512South AfricaRMILBMA, RMAPYES
GoldNH Recytech CompanyCID003189Korea, Republic ofRMINO
GoldEco-System Recycling Co., Ltd. North PlantCID003424JapanRMIRMAPYES
GoldEco-System Recycling Co., Ltd. West PlantCID003425JapanRMIRMAPYES
GoldDSC (Do Sung Corporation)CID000359Korea, Republic ofRMIRMAPYES
GoldAsahi Refining USA Inc.CID000920United StatesRMILBMA, RMAPYES
GoldDODUCO Contacts and Refining GmbHCID000362GermanyRMIRMAPYES
GoldYokohama Metal Co., Ltd.CID002129JapanRMIRMAPYES
GoldJSC Ekaterinburg Non-Ferrous Metal Processing PlantCID000927Russian FederationRMINO
GoldJSC UralelectromedCID000929Russian FederationRMILBMA, RMAPYES
GoldJX Nippon Mining & Metals Co., Ltd.CID000937JapanRMILBMA, RMAPYES
GoldAU Traders and RefinersCID002850South AfricaRMIRJC, RMAPYES
GoldKaloti Precious MetalsCID002563United Arab EmiratesRMINO
GoldYunnan Copper Industry Co., Ltd.CID000197ChinaRMINO
GoldKazakhmys Smelting LLCCID000956KazakhstanRMINO
GoldKazzincCID000957KazakhstanRMILBMA, RMAPYES
GoldRoyal Canadian MintCID001534CanadaRMILBMA, RMAPYES
8



GoldREMONDIS PMR B.V.CID002582NetherlandsRMIRMAPYES
GoldSai RefineryCID002853IndiaRMINO
GoldSabin Metal Corp.CID001546United StatesRMINO
GoldModeltech Sdn BhdCID002857MalaysiaRMINO
GoldSafimet S.p.ACID002973ItalyRMIRMAPYES
GoldKyshtym Copper-Electrolytic Plant ZAOCID002865Russian FederationRMINO
GoldSAFINA A.S.CID002290Czech RepublicRMIRMAP - ActiveNO
GoldKennecott Utah Copper LLCCID000969United StatesRMILBMA, RMAPYES
GoldKGHM Polska Miedz Spolka AkcyjnaCID002511PolandRMIRMAPYES
GoldDowaCID000401JapanRMIRMAPYES
GoldSamduck Precious MetalsCID001555Korea, Republic ofRMIRMAPYES
GoldSAMWON METALS Corp.CID001562Korea, Republic ofRMINO
GoldKojima Chemicals Co., Ltd.CID000981JapanRMIRMAPYES
GoldAbington Reldan Metals, LLCCID002708United StatesRMINO
GoldKorea Zinc Co., Ltd.CID002605Korea, Republic ofRMIRMAPYES
GoldShandong Humon Smelting Co., Ltd.CID002525ChinaRMINO
GoldZhongyuan Gold Smelter of Zhongjin Gold CorporationCID002224ChinaRMILBMA, RMAPYES
GoldSAXONIA Edelmetalle GmbHCID002777GermanyRMIRMAPYES
GoldGold Refinery of Zijin Mining Group Co., Ltd.CID002243ChinaRMILBMA, RMAPYES
GoldEco-System Recycling Co., Ltd. East PlantCID000425JapanRMIRMAPYES
GoldSEMPSA Joyeria Plateria S.A.CID001585SpainRMILBMA, RMAPYES
GoldKyrgyzaltyn JSCCID001029KyrgyzstanRMILBMA, RMAPYES
GoldL'azurde Company For JewelryCID001032Saudi ArabiaRMINO
GoldEmirates Gold DMCCCID002561United Arab EmiratesRMIRMAPYES
GoldSungEel HiMetal Co., Ltd.CID002918Korea, Republic ofRMIRMAPYES
GoldShandong Tiancheng Biological Gold Industrial Co., Ltd.CID001619ChinaRMINO
GoldShandong Zhaojin Gold & Silver Refinery Co., Ltd.CID001622ChinaRMILBMA, RMAPYES
GoldLingbao Gold Co., Ltd.CID001056ChinaRMINO
GoldLingbao Jinyuan Tonghui Refinery Co., Ltd.CID001058ChinaRMINO
GoldLS-NIKKO Copper Inc.CID001078Korea, Republic ofRMILBMA, RMAPYES
GoldFidelity Printers and Refiners Ltd.CID002515ZimbabweRMINO
GoldLuoyang Zijin Yinhui Gold Refinery Co., Ltd.CID001093ChinaRMINO
GoldState Research Institute Center for Physical Sciences and TechnologyCID003153LithuaniaRMINO
GoldMarsam MetalsCID002606BrazilRMIRMAPYES
GoldSichuan Tianze Precious Metals Co., Ltd.CID001736ChinaRMILBMA, RMAPYES
GoldFujairah Gold FZCCID002584United Arab EmiratesRMINO
GoldMaterionCID001113United StatesRMIRMAPYES
TantalumSolikamsk Magnesium Works OAOCID001769Russian FederationRMIRMAPYES
TantalumMetallurgical Products India Pvt., Ltd.CID001163IndiaRMIRMAPYES
TantalumJiangxi Tuohong New Raw MaterialCID002842ChinaRMIRMAPYES
TantalumMineracao Taboca S.A.CID001175BrazilRMIRMAPYES
9



TantalumGlobal Advanced Metals AizuCID002558JapanRMIRMAPYES
TantalumGlobal Advanced Metals BoyertownCID002557United StatesRMIRMAPYES
TantalumMitsui Mining and Smelting Co., Ltd.CID001192JapanRMIRMAPYES
TantalumNPM Silmet ASCID001200EstoniaRMIRMAPYES
TantalumGuangdong Zhiyuan New Material Co., Ltd.CID000616ChinaRMIRMAPYES
TantalumAsaka Riken Co., Ltd.CID000092JapanRMIRMAPYES
TantalumH.C. Starck Co., Ltd.CID002544ThailandRMIRMAPYES
TantalumH.C. Starck Tantalum and Niobium GmbHCID002545GermanyRMIRMAPYES
TantalumH.C. Starck Hermsdorf GmbHCID002547GermanyRMIRMAPYES
TantalumH.C. Starck Inc.CID002548United StatesRMIRMAPYES
TantalumH.C. Starck Ltd.CID002549JapanRMIRMAPYES
TantalumH.C. Starck Smelting GmbH & Co. KGCID002550GermanyRMIRMAPYES
TantalumTelex MetalsCID001891United StatesRMIRMAPYES
TantalumNingxia Orient Tantalum Industry Co., Ltd.CID001277ChinaRMIRMAPYES
TantalumHengyang King Xing Lifeng New Materials Co., Ltd.CID002492ChinaRMIRMAPYES
TantalumUlba Metallurgical Plant JSCCID001969KazakhstanRMIRMAPYES
TantalumChangsha South Tantalum Niobium Co., Ltd.CID000211ChinaRMIRMAPYES
TantalumPRG DooelCID002847Macedonia, The Former Yugoslav Republic OfRMIRMAPYES
TantalumCP Metals Inc.CID003402United StatesRMIRMAP - ActiveNO
TantalumD Block Metals, LLCCID002504United StatesRMIRMAPYES
TantalumXinXing Haorong Electronic Material Co., Ltd.CID002508ChinaRMIRMAPYES
TantalumQuantumCleanCID001508United StatesRMIRMAPYES
TantalumJiuJiang JinXin Nonferrous Metals Co., Ltd.CID000914ChinaRMIRMAPYES
TantalumJiujiang Tanbre Co., Ltd.CID000917ChinaRMIRMAPYES
TantalumJiujiang Zhongao Tantalum & Niobium Co., Ltd.CID002506ChinaRMIRMAPYES
TantalumResind Industria e Comercio Ltda.CID002707BrazilRMIRMAPYES
TantalumYanling Jincheng Tantalum & Niobium Co., Ltd.CID001522ChinaRMIRMAPYES
TantalumKEMET Blue MetalsCID002539MexicoRMIRMAPYES
TantalumJiangxi Dinghai Tantalum & Niobium Co., Ltd.CID002512ChinaRMIRMAPYES
TantalumTaki Chemical Co., Ltd.CID001869JapanRMIRMAPYES
TantalumExotech Inc.CID000456United StatesRMIRMAPYES
TantalumF&X Electro-Materials Ltd.CID000460ChinaRMIRMAPYES
TantalumLSM Brasil S.A.CID001076BrazilRMIRMAPYES
TantalumFIR Metals & Resource Ltd.CID002505ChinaRMIRMAPYES
TinMelt Metais e Ligas S.A.CID002500BrazilRMIRMAPYES
TinSoft Metais Ltda.CID001758BrazilRMIRMAPYES
TinMetallic Resources, Inc.CID001142United StatesRMIRMAPYES
TinMetallo Belgium N.V.CID002773BelgiumRMIRMAPYES
TinChenzhou Yunxiang Mining and Metallurgy Co., Ltd.CID000228ChinaRMIRMAPYES
TinGuanyang Guida Nonferrous Metal Smelting PlantCID002849ChinaRMIRMAPYES
TinHuiChang Hill Tin Industry Co., Ltd.CID002844ChinaRMIRMAPYES
10



TinGejiu Kai Meng Industry and Trade LLCCID000942ChinaRMIRMAPYES
TinGejiu Non-Ferrous Metal Processing Co., Ltd.CID000538ChinaRMIRMAPYES
TinGejiu Yunxin Nonferrous Electrolysis Co., Ltd.CID001908ChinaRMIRMAPYES
TinMineracao Taboca S.A.CID001173BrazilRMIRMAPYES
TinMinsurCID001182PeruRMIRMAPYES
TinAlphaCID000292United StatesRMIRMAPYES
TinMitsubishi Materials CorporationCID001191JapanRMIRMAPYES
TinAn Vinh Joint Stock Mineral Processing CompanyCID002703Viet NamRMINO
TinGuangdong Hanhe Non-Ferrous Metal Co., Ltd.CID003116ChinaRMIRMAPYES
TinJiangxi New Nanshan Technology Ltd.CID001231ChinaRMIRMAPYES
TinNghe Tinh Non-Ferrous Metals Joint Stock CompanyCID002573Viet NamRMINO
TinThaisarcoCID001898ThailandRMIRMAPYES
TinPongpipat Company LimitedCID003208MyanmarSource IntelligenceNO
TinTin Technology & RefiningCID003325United StatesRMIRMAPYES
TinDongguan CiEXPO Environmental Engineering Co., Ltd.CID003356ChinaRMINO
TinO.M. Manufacturing (Thailand) Co., Ltd.CID001314ThailandRMIRMAPYES
TinO.M. Manufacturing Philippines, Inc.CID002517PhilippinesRMIRMAPYES
TinTuyen Quang Non-Ferrous Metals Joint Stock CompanyCID002574Viet NamRMINO
TinOperaciones Metalurgicas S.A.CID001337BoliviaRMIRMAPYES
TinHuichang Jinshunda Tin Co., Ltd.CID000760ChinaRMIRMAPYES
TinThai Nguyen Mining and Metallurgy Co., Ltd.CID002834Viet NamRMIRMAPYES
TinMa'anshan Weitai Tin Co., Ltd.CID003379ChinaRMIRMAPYES
TinChina Tin Group Co., Ltd.CID001070ChinaRMIRMAPYES
TinPT Artha Cipta LanggengCID001399IndonesiaRMIRMAPYES
TinPT ATD Makmur Mandiri JayaCID002503IndonesiaRMIRMAPYES
TinWhite Solder Metalurgia e Mineracao Ltda.CID002036BrazilRMIRMAPYES
TinYunnan Yunfan Non-ferrous Metals Co., Ltd.CID003397ChinaRMIRMAPYES
TinPT Mitra Stania PrimaCID001453IndonesiaRMIRMAPYES
TinPT Refined Bangka TinCID001460IndonesiaRMIRMAPYES
TinGejiu City Fuxiang Industry and Trade Co., Ltd.CID003410ChinaRMINO
TinPrecious Minerals and Smelting LimitedCID003409IndiaRMIRMAP - ActiveNO
TinLuna Smelter, Ltd.CID003387RwandaRMIRMAPYES
TinPT Timah Tbk MentokCID001482IndonesiaRMIRMAPYES
TinPT Timah Tbk KundurCID001477IndonesiaRMIRMAPYES
TinChifeng Dajingzi Tin Industry Co., Ltd.CID003190ChinaRMIRMAPYES
TinResind Industria e Comercio Ltda.CID002706BrazilRMIRMAPYES
TinYunnan Chengfeng Non-ferrous Metals Co., Ltd.CID002158ChinaRMIRMAPYES
TinYunnan Tin Company LimitedCID002180ChinaRMIRMAPYES
TinRui Da HungCID001539TaiwanRMIRMAPYES
TinModeltech Sdn BhdCID002858MalaysiaRMINO
TinDowaCID000402JapanRMIRMAPYES
11



TinPT Menara Cipta MuliaCID002835IndonesiaRMIRMAPYES
TinElectro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock CompanyCID002572Viet NamRMINO
TinSuper LigasCID002756BrazilRMINO
TinMetallo Spain S.L.U.CID002774SpainRMIRMAPYES
TinEM VintoCID000438BoliviaRMIRMAPYES
TinEstanho de Rondonia S.A.CID000448BrazilRMINO
TinFenix MetalsCID000468PolandRMIRMAPYES
TinMagnu's Minerais Metais e Ligas Ltda.CID002468BrazilRMIRMAPYES
TinGejiu Zili Mining And Metallurgy Co., Ltd.CID000555ChinaRMIRMAPYES
TinMalaysia Smelting Corporation (MSC)CID001105MalaysiaRMIRMAPYES
TungstenFujian Jinxin Tungsten Co., Ltd.CID000499ChinaRMIRMAPYES
TungstenA.L.M.T. TUNGSTEN Corp.CID000004JapanRMIRMAPYES
TungstenGanzhou Haichuang Tungsten Co., Ltd.CID002645ChinaRMIRMAPYES
TungstenGanzhou Huaxing Tungsten Products Co., Ltd.CID000875ChinaRMIRMAPYES
TungstenGanzhou Jiangwu Ferrotungsten Co., Ltd.CID002315ChinaRMIRMAPYES
TungstenACL Metais EireliCID002833BrazilRMIRMAPYES
TungstenGanzhou Seadragon W & Mo Co., Ltd.CID002494ChinaRMIRMAPYES
TungstenMoliren Ltd.CID002845Russian FederationRMIRMAPYES
TungstenWoltech Korea Co., Ltd.CID002843Korea, Republic ofRMIRMAPYES
TungstenXinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.CID002830ChinaRMIRMAPYES
TungstenGlobal Tungsten & Powders Corp.CID000568United StatesRMIRMAPYES
TungstenGuangdong Xianglu Tungsten Co., Ltd.CID000218ChinaRMIRMAPYES
TungstenAsia Tungsten Products Vietnam Ltd.CID002502Viet NamRMIRMAPYES
TungstenH.C. Starck Tungsten GmbHCID002541GermanyRMIRMAPYES
TungstenNiagara Refining LLCCID002589United StatesRMIRMAPYES
TungstenH.C. Starck Smelting GmbH & Co. KGCID002542GermanyRMIRMAPYES
TungstenTejing (Vietnam) Tungsten Co., Ltd.CID001889Viet NamRMIRMAPYES
TungstenKGETS CO., LTD.CID003388Korea, Republic ofRMIRMAPYES
TungstenMasan Tungsten Chemical LLC (MTC)CID002543Viet NamRMIRMAPYES
TungstenHunan Chenzhou Mining Co., Ltd.CID000766ChinaRMIRMAPYES
TungstenHunan Chuangda Vanadium Tungsten Co., Ltd. WujiCID002579ChinaRMIRMAPYES
TungstenHunan Chunchang Nonferrous Metals Co., Ltd.CID000769ChinaRMIRMAPYES
TungstenChenzhou Diamond Tungsten Products Co., Ltd.CID002513ChinaRMIRMAPYES
TungstenHydrometallurg, JSCCID002649Russian FederationRMIRMAPYES
TungstenChongyi Zhangyuan Tungsten Co., Ltd.CID000258ChinaRMIRMAPYES
TungstenCNMC (Guangxi) PGMA Co., Ltd.CID000281ChinaRMINO
TungstenHunan Litian Tungsten Industry Co., Ltd.CID003182ChinaRMIRMAPYES
TungstenJapan New Metals Co., Ltd.CID000825JapanRMIRMAPYES
TungstenChina Molybdenum Co., Ltd.CID002641ChinaRMINO
TungstenCP Metals Inc.CID003448United StatesRMIRMAP - ActiveNO
TungstenFujian Ganmin RareMetal Co., Ltd.CID003401ChinaRMIRMAPYES
12



TungstenWolfram Bergbau und Hutten AGCID002044AustriaRMIRMAPYES
TungstenJSC "Kirovgrad Hard Alloys Plant"CID003408Russian FederationRMIRMAP - ActiveNO
TungstenLianyou Metals Co., Ltd.CID003407TaiwanRMIRMAPYES
TungstenGEM Co., Ltd.CID003417ChinaRMINO
TungstenNPP Tyazhmetprom LLCCID003416Russian FederationRMINO
TungstenJiangwu H.C. Starck Tungsten Products Co., Ltd.CID002551ChinaRMIRMAPYES
TungstenJiangxi Xianglu Tungsten Co., Ltd.CID002647ChinaRMIRMAP - ActiveNO
TungstenXiamen Tungsten (H.C.) Co., Ltd.CID002320ChinaRMIRMAPYES
TungstenXiamen Tungsten Co., Ltd.CID002082ChinaRMIRMAPYES
TungstenJiangxi Gan Bei Tungsten Co., Ltd.CID002321ChinaRMIRMAPYES
TungstenJiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd.CID002313ChinaRMINO
TungstenXinhai Rendan Shaoguan Tungsten Co., Ltd.CID002095ChinaRMIRMAPYES
TungstenJiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.CID002318ChinaRMIRMAPYES
TungstenJiangxi Xinsheng Tungsten Industry Co., Ltd.CID002317ChinaRMIRMAPYES
TungstenJiangxi Yaosheng Tungsten Co., Ltd.CID002316ChinaRMIRMAPYES
TungstenAlbasteel Industria e Comercio de Ligas Para Fundicao Ltd.CID003427BrazilRMIRMAP - ActiveNO
TungstenPhilippine Chuangxin Industrial Co., Inc.CID002827PhilippinesRMIRMAPYES
TungstenKennametal FallonCID000966United StatesRMIRMAPYES
TungstenKennametal HuntsvilleCID000105United StatesRMIRMAPYES
TungstenUnecha Refractory Metals PlantCID002724Russian FederationRMIRMAPYES
TungstenMalipo Haiyu Tungsten Co., Ltd.CID002319ChinaRMIRMAPYES
13