European Parliament Adopts Binding Rules On Conflict Minerals

20/05/2015 19:55

The EU Observer reports that the European Parliament on Wednesday unexpectedly backed new rules obliging EU companies to ensure the minerals they use in their products are conflict-free.The groundbreaking proposal would require European companies importing four key minerals – tin, tungsten, tantalum and gold - to ensure their purchases are not contributing to conflict or human rights abuses in other countries. Crucially, the new law would also require European companies importing minerals in products, such as laptops and mobile phones, to source minerals responsibly for the first time. With their vote for a mandatory system, the MEP's go directly against the proposal to implement a voluntary scheme.