EX-1.01 2 exhitbit101conflictmineral.htm EXHIBIT 1.01

SEC Exhibit

Exhibit 1.01

Malibu Boats, Inc.

Conflict Minerals Report

For the Year Ended December 31, 2015

Introduction

This Conflict Minerals Report (“CMR”) for the year ended December 31, 2015 is presented to comply with Rule 13p-1 under the Securities Exchange Act of 1934 (the “Rule”). The Rule imposes certain reporting obligations on U.S. Securities and Exchange Commission (“SEC”) issuers if they manufacture or contract to manufacture products that contain certain minerals which are necessary to the functionality or production of their products. These minerals are cassiterite, columbite-tantalite (coltan), gold, wolframite, and their derivatives, which are limited to tin, tantalum and tungsten (“3TG” or “Conflict Minerals”). The Rule focuses on 3TG emanating from the Democratic Republic of Congo (“DRC”) region and nine adjoining countries (together, the “Covered Countries”). If an issuer has reason to believe that any of the Conflict Minerals in their supply chain may have originated in the Covered Countries and are not from recycled or scrap sources, or if they are unable to determine the country of origin of those Conflict Minerals, then the issuer must exercise due diligence on the Conflict Minerals’ source and chain of custody and file a CMR as an exhibit to the Form SD with the SEC that includes a description of those due diligence measures.

Company Overview

Malibu Boats, Inc., also referred to as “Malibu Boats”, “we”, “our”, and “us” is a leading designer, manufacturer and marketer of performance sport boats. Our boats are used for water sports, including water skiing, wakeboarding and wake surfing, as well as general recreational boating. Our high performance boats are sold under two brands: Malibu and Axis Wake Research, or Axis. We manufacture our own Malibu and Axis performance boats and components such as trailers, towers and tower accessories. In addition, we contract with other third-party vendors to manufacture other components for installation on our boats, such as engines and electronic controls. We determined that Conflict Minerals were necessary to the functionality and/or production of such products during calendar year 2015.

Executive Summary

Malibu Boats does not directly source any Conflict Minerals that may be used in the products we manufacture or contract to manufacture. Therefore we relied upon our suppliers to provide information on the origin of the Conflict Minerals contained in components and materials supplied to us, including sources of Conflict Minerals that are supplied to them from sub-tier suppliers. Malibu Boats performed a Reasonable Country of Origin Inquiry (“RCOI”) on suppliers believed to provide Malibu Boats with materials or components containing necessary 3TGs.

Malibu Boats’ suppliers identified 293 valid smelters and refineries (“smelters”). Of these 293 smelters, Malibu Boats identified 39 as sourcing (or there was a reason to believe they may be sourcing) from the Covered Countries. Malibu Boats’ due diligence review indicated that 37 of these smelters have been audited and recognized as conflict free by the Conflict Free Smelter Program (“CFSP”). The remaining two smelters sourcing from the Covered Countries were subjected to Malibu Boats’ risk mitigation process in accordance with the Organisation for Economic Co-Operation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High Risk Areas (“OECD Due Diligence Guidance”), as described below and did not require removal from Malibu Boats’ supply chain.

Company Management Systems

Malibu Boats established strong management systems according to Step 1 of the OECD Due Diligence Guidance. Malibu Boats implemented the following:

• Step 1A - Adopted, and clearly communicated to suppliers and the public, a company policy for the supply chain of minerals originating from conflict-affected and high-risk areas. Malibu Boats:

◦ implemented a conflict minerals policy, which is publicly available at http://investors.malibuboats.com/investors/corporate-governance/governance-documents; and

◦ communicated the policy directly to suppliers as part of the RCOI process.

• Step 1B - Structured internal management to support supply chain due diligence. Malibu Boats:

◦ maintained an internal cross functional team to support supply chain due diligence;

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◦ appointed a member of the senior staff with the necessary competence, knowledge, and experience to oversee supply chain due diligence; and

◦ applied the resources necessary to support the operation and monitoring of these processes including internal resources and external consulting support.

• Step 1C - Established a system of transparency, information collection and control over the supply chain. Malibu Boats:

◦ implemented a process to collect required supplier and smelter RCOI and due diligence data.

• Step 1D - Strengthened company engagement with suppliers. Malibu Boats:

◦ engaged directly with suppliers during the RCOI process;

◦ reviewed supplier responses as part of the RCOI process;

◦ added conflict minerals compliance to new supplier contracts and Malibu Boats’ supplier code of conduct; and

◦ implemented a plan to improve the quantity and quality of supplier and smelter responses year over year.

• Step 1E - Established a company and/or mine level grievance mechanism. Malibu Boats:

◦ recognized the CFSP’s three audit protocols for gold, tin/tantalum, and tungsten as valid sources of smelter or mine level grievances; and

◦ reviewed Malibu Boats’ ethics violations reporting system to ensure that it allows employees to voice confidentially without any fear of retribution, any concerns with the violations of the Malibu Boats’ conflict minerals policy.

Reasonable Country of Origin Inquiry

Malibu Boats designed its RCOI process in accordance with Steps 2A and 2B of the OECD Due Diligence Guidance. Malibu Boats’ RCOI process involved two stages:

• Stage 1 - Supplier RCOI (Step 2A of the OECD Due Diligence Guidance)

• Stage 2 - Smelter RCOI (Step 2B of the OECD Due Diligence Guidance)

Supplier RCOI

Malibu Boats designed its supplier RCOI process to identify, to the best of Malibu Boats’ efforts, the smelters in Malibu Boats’ supply chain in accordance with Step 2A of the OECD Due Diligence Guidance. Malibu Boats’ supplier RCOI process for the 2015 reporting period included the following:

• developed a list of suppliers providing components containing 3TG to Malibu Boats;

• contacted each supplier and requested the industry standard Conflict Minerals Reporting Template including smelter information;

• reviewed supplier responses for accuracy and completeness;

• amalgamated supplier provided smelters into a single list of smelters meeting the definition of a smelter under one of three industry recognized audit protocols; and

• reviewed the final smelter list (and compared it to industry peers) to determine if Malibu Boats identified reasonably all of the smelters in their supply chain.

Malibu Boats’ suppliers identified 293 smelters in their supply chain. The specific list of smelters is included in “List of Smelter and Refineries” at the end of this report.

Smelter RCOI

Due to the overlap between smelter RCOI and smelter due diligence, the smelter RCOI process is summarized in the due diligence section of this report.

Due Diligence

Malibu Boats’ due diligence process was designed in accordance with the applicable sections of Steps 2, 3, and 4 of the OECD Due Diligence Guidance.

Smelter RCOI and Due Diligence

Malibu Boats’ smelter RCOI and due diligence process were designed to:

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• identify the scope of the risk assessment of the mineral supply chain (OECD Due Diligence Guide Step 2B);

• assess whether the smelters have carried out all elements of due diligence for responsible supply chains of minerals from conflict-affected and high-risk areas (OECD Due Diligence Guide Step 2C); and

• carry out, where necessary, including through participation in industry-driven programs, joint spot checks at the mineral smelter’s own facilities (OECD Due Diligence Guide Step 2D).

Malibu Boats’ smelter RCOI and due diligence process included the following:

• For each smelter identified in Malibu Boats’ supply chain, Malibu Boats:

◦ engaged directly with the smelter to determine whether or not the smelter sources from the Covered Countries;

◦ reviewed publicly available information to determine if there was any contrary evidence to the smelter’s declaration for smelters that declared directly or through their relevant industry association that they did not source from the Covered Countries, and were not recognized as conflict free by the CFSP.

◦ reviewed publicly available sources to determine if there was any reason to believe that the smelter may have sourced from the Covered Countries during the reporting period for smelters that did not respond to our direct engagement.

• For high risk smelters (smelters that are sourcing from or there is reason to believe they may be sourcing from the Covered Countries), Malibu Boats determined if the smelter was audited and recognized as conflict free by the CFSP.

◦ For high risk smelters that have not been audited and recognized as conflict free by the CFSP, Malibu Boats communicated the risk to a designated member of senior management (OECD Due Diligence Guide Step 3A) and conducted risk mitigation on the smelter according to OECD Due Diligence Guide Step 3B.

For the 2015 reporting period, Malibu Boats’ RCOI and due diligence process was executed by Claigan Environmental Inc. (“Claigan”). In 2015, Claigan received an independent auditor’s opinion that the design of Claigan’s RCOI and due diligence process was in compliance with the requirements of Step 2 of the OECD Due Diligence Guidance.

Malibu Boats’ suppliers identified 293 smelters. Malibu Boats identified 39 smelters that source, or there is a reason to believe they source, from the Covered Countries.

Malibu Boats determined that 37 of these 39 smelters have been audited and recognized as conflict free by the CFSP. Malibu Boats conducted risk mitigation on the remaining two smelters as discussed below.

Risk Mitigation

Malibu Boats conducted risk mitigation on two smelters that were not recognized as conflict free by the CFSP and were sourcing from the Covered Countries. Malibu Boats’ risk mitigation was designed in accordance with Step 3B of the OECD Due Diligence Guidance and was reported to our Chief Financial Officer in accordance with Step 3A of the OECD Due Diligence Guidance. Malibu Boats’ risk mitigation process included the following:

• conducted additional due diligence to determine if there was any reason to believe the smelter directly or indirectly financed or benefited armed groups in the Covered Countries;

• verified with internal stakeholders and relevant suppliers whether 3TGs from the specific smelter were actually in Malibu Boats’ supply chain in the 2015 reporting period; and

• engaged directly with each high risk smelter to verify risk and to encourage the smelter to become conflict free.

Malibu Boats did not require the removal of smelters subject to Malibu Boats’ risk mitigation process if there was no reason to believe they were directly or indirectly financing or benefiting armed groups in the Covered Countries. These smelters are scheduled to be re-visited in connection with the preparation of our CMR for calendar year 2016. This process is consistent with Step 3B of the OECD Due Diligence Guidance.

Risk mitigation was required for the following two smelters verified by suppliers likely to be in Malibu Boats’ supply chain.

Tin Smelter - Rwanda

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In accordance with the OECD Due Diligence Guidance, we do not believe this tin smelter has to be removed from our supply chain. We will review the smelter’s status in connection with the preparation of our CMR for calendar year 2016. The following were our findings on this smelter:

• the smelter provided a very detailed due diligence report for 2014;

• the smelter was recognized by the CFSP as ‘active’ (undergoing an independent audit to an industry recognized protocol);

• the CFSP does not encourage the removal of a smelter from the supply chain as long as the smelter is recognized as active; and

• there was no reason to believe, from publicly available sources and the smelter’s due diligence report, that the tin smelter directly or indirectly financed or benefitted armed groups in the Covered Countries.

Gold Smelter - United Arab Emirates

In accordance with the OECD Due Diligence Guidance, we do not believe this gold smelter has to be removed from our supply chain. We will review the smelter’s status in connection with the preparation of our CMR for calendar year 2016. The following were our findings on this smelter:

• the smelter provided a very detailed due diligence report for 2014;

• the smelter was audited and successfully certified to the Dubai Multi Commodities Centre’s (“DMCC”) responsible sourcing of precious metals;

• the DMCC responsible sourcing audit is not yet recognized by the CFSP, but is to be reviewed for recognition by the CFSP in 2016; and

• there was no reason to believe, from publicly available sources and the smelter’s due diligence report, that the gold smelter directly or indirectly financed or benefited armed groups in the Covered Countries.

Improvement Plan

Malibu Boats is taking and will continue to take the following steps to improve the due diligence conducted to further mitigate any risk that the Conflict Minerals contained in the products manufactured or contracted for manufacture by Malibu Boats could directly or indirectly benefit or finance armed groups in the Covered Countries:

• including a conflict minerals clause in all new and renewing supplier contracts;

• continuing to drive our suppliers to obtain current, accurate, and complete information about the smelters in their supply chain;

• engaging smelters sourcing from the Covered Countries to become audited and certified to a protocol recognized by the CFSP; and

• following up in 2016 on smelters requiring risk mitigation, but not removal from Malibu Boats’ supply chain.

List of Smelters and Refineries

Below are the 293 smelters reported to Malibu Boats as likely to be in Malibu Boats’ supply chain in the 2015 reporting period. 39 of the smelters below are declared to be sourcing or there was reason to believe they may be sourcing from the Covered Countries, specifically from the DRC, Rwanda, Burundi, and Tanzania. As noted above, Malibu Boats has determined that of these 39 smelters, 37 have been audited and recognized as conflict free by the CFSP and Malibu Boats conducted risk mitigation on the remaining two smelters.

Metal Smelter Name

Gold        Advanced Chemical Company

Gold        Aida Chemical Industries Co., Ltd.

Gold        Aktyubinsk Copper Company TOO

Gold        Al Etihad Gold Refinery DMCC

Gold        Allgemeine Gold-und Silberscheideanstalt A.G.

Gold        Almalyk Mining and Metallurgical Complex (AMMC)

Gold        AngloGold Ashanti Córrego do Sítio Mineração

Gold        Argor-Heraeus SA

Gold        Asahi Pretec Corporation

Gold        Asahi Refining Canada Limited

Gold        Asahi Refining USA Inc.

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Exhibit 1.01

Gold        Asaka Riken Co., Ltd.

Gold        Atasay Kuyumculuk Sanayi Ve Ticaret A.S.

Gold        Aurubis AG

Gold        Bangko Sentral ng Pilipinas (Central Bank of the Philippines)

Gold        Bauer Walser AG

Gold        Boliden AB

Gold        C. Hafner GmbH + Co. KG

Gold        Caridad

Gold        CCR Refinery - Glencore Canada Corporation

Gold        Cendres + Métaux SA

Gold        Chimet S.p.A.

Gold        Chugai Mining

Gold        Daejin Indus Co., Ltd.

Gold        Daye Non-Ferrous Metals Mining Ltd.

Gold        Do Sung Corporation

Gold        Doduco

Gold        Dowa

Gold        Eco-System Recycling Co., Ltd.

Gold        Elemetal Refining, LLC

Gold        Emirates Gold DMCC

Gold        Faggi Enrico S.p.A.

Gold        Fidelity Printers and Refiners Ltd.

Gold        Gansu Seemine Material Hi-Tech Co., Ltd.

Gold        Geib Refining Corporation

Gold        Guangdong Jinding Gold Limited

Gold        Guoda Safina High-Tech Environmental Refinery Co., Ltd.

Gold        Hangzhou Fuchunjiang Smelting Co., Ltd.

Gold        Heimerle + Meule GmbH

Gold        Heraeus Ltd. Hong Kong

Gold        Heraeus Precious Metals GmbH & Co. KG

Gold        Hunan Chenzhou Mining Group Co., Ltd.

Gold        Hwasung CJ Co., Ltd.

Gold        Inner Mongolia Qiankun Gold and Silver Refinery Share Company Limited

Gold        Ishifuku Metal Industry Co., Ltd.

Gold        Istanbul Gold Refinery

Gold        Japan Mint

Gold        Jiangxi Copper Company Limited

Gold        JSC Ekaterinburg Non-Ferrous Metal Processing Plant

Gold        JSC Uralelectromed

Gold        JX Nippon Mining & Metals Co., Ltd.

Gold        Kazakhmys Smelting LLC

Gold        Kazzinc

Gold        Kennecott Utah Copper LLC

Gold        KGHM Polska Miedź Spółka Akcyjna

Gold        Kojima Chemicals Co., Ltd.

Gold        Korea Metal Co., Ltd.

Gold        Korea Zinc Co. Ltd.

Gold        Kyrgyzaltyn JSC

Gold        L' azurde Company For Jewelry

Gold        Lingbao Gold Company Limited

Gold        Lingbao Jinyuan Tonghui Refinery Co., Ltd.

Gold        LS-NIKKO Copper Inc.

Gold        Luoyang Zijin Yinhui Gold Refinery Co., Ltd.

Gold        Materion

Gold        Matsuda Sangyo Co., Ltd.

Gold        METALÚRGICA MET-MEX PEÑOLES, S.A. DE C.V

Gold        Metalor Technologies (Hong Kong) Ltd.

Gold        Metalor Technologies (Singapore) Pte., Ltd.

Gold        Metalor Technologies (Suzhou) Ltd.

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Gold        Metalor Technologies SA

Gold        Metalor USA Refining Corporation

Gold        Mitsubishi Materials Corporation

Gold        Mitsui Mining and Smelting Co., Ltd.

Gold        MMTC-PAMP India Pvt., Ltd.

Gold        Morris and Watson

Gold        Moscow Special Alloys Processing Plant

Gold        Nadir Metal Rafineri San. Ve Tic. A.Ş.

Gold        Navoi Mining and Metallurgical Combinat

Gold        Nihon Material Co., Ltd.

Gold        Ögussa Österreichische Gold- und Silber-Scheideanstalt GmbH

Gold        Ohura Precious Metal Industry Co., Ltd.

Gold        OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastvetmet)

Gold        OJSC Kolyma Refinery

Gold        OJSC Novosibirsk Refinery

Gold        PAMP SA

Gold        Penglai Penggang Gold Industry Co., Ltd.

Gold        Prioksky Plant of Non-Ferrous Metals

Gold        PT Aneka Tambang (Persero) Tbk

Gold        PX Précinox SA

Gold        Rand Refinery (Pty) Ltd.

Gold        Republic Metals Corporation

Gold        Royal Canadian Mint

Gold        Sabin Metal Corp.

Gold        Samduck Precious Metals

Gold        SAMWON Metals Corp.

Gold        SAXONIA Edelmetalle GmbH

Gold        Schone Edelmetaal B.V.

Gold        SEMPSA Joyería Platería SA

Gold        Shandong Tiancheng Biological Gold Industrial Co., Ltd.

Gold        Shandong Zhaojin Gold & Silver Refinery Co., Ltd.

Gold        Sichuan Tianze Precious Metals Co., Ltd.

Gold        Singway Technology Co., Ltd.

Gold        So Accurate Group, Inc.

Gold        SOE Shyolkovsky Factory of Secondary Precious Metals

Gold        Solar Applied Materials Technology Corp.

Gold        Sumitomo Metal Mining Co., Ltd.

Gold        T.C.A S.p.A

Gold        Tanaka Kikinzoku Kogyo K.K.

Gold        The Great Wall Gold and Silver Refinery of China

Gold        The Refinery of Shandong Gold Mining Co., Ltd.

Gold        Tokuriki Honten Co., Ltd.

Gold        Tongling Nonferrous Metals Group Co., Ltd.

Gold        Torecom

Gold        Umicore Brasil Ltda.

Gold        Umicore Precious Metals Thailand

Gold        Umicore SA Business Unit Precious Metals Refining

Gold        United Precious Metal Refining, Inc.

Gold        Valcambi SA

Gold        Western Australian Mint trading as The Perth Mint

Gold        Yamamoto Precious Metal Co., Ltd.

Gold        Yokohama Metal Co., Ltd.

Gold        Yunnan Copper Industry Co., Ltd.

Gold        Zhongyuan Gold Smelter of Zhongjin Gold Corporation

Gold        Zijin Mining Group Co., Ltd. Gold Refinery

Tantalum    Changsha South Tantalum Niobium Co., Ltd.

Tantalum    Conghua Tantalum and Niobium Smeltry

Tantalum    Duoluoshan

Tantalum    D Block Metals, LLC

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Exhibit 1.01

Tantalum    Exotech Inc.

Tantalum    F&X Electro-Materials Ltd.

Tantalum    FIR Metals & Resource Ltd.

Tantalum    Global Advanced Metals Aizu

Tantalum    Global Advanced Metals Boyertown

Tantalum    Guangdong Zhiyuan New Material Co., Ltd.

Tantalum    Guizhou Zhenhua Xinyun Technology Ltd., Kaili branch

Tantalum    H.C. Starck Co., Ltd.

Tantalum    H.C. Starck GmbH Goslar

Tantalum    H.C. Starck GmbH Laufenburg

Tantalum    H.C. Starck Hermsdorf GmbH

Tantalum    H.C. Starck Inc.

Tantalum    H.C. Starck Ltd.

Tantalum    H.C. Starck Smelting GmbH & Co.KG

Tantalum    Hengyang King Xing Lifeng New Materials Co., Ltd.

Tantalum    Hi-Temp Specialty Metals, Inc.

Tantalum    Jiangxi Dinghai Tantalum & Niobium Co., Ltd.

Tantalum    JiuJiang JinXin Nonferrous Metals Co., Ltd.

Tantalum    Jiujiang Tanbre Co., Ltd.

Tantalum    Jiujiang Zhongao Tantalum & Niobium Co., Ltd.

Tantalum    KEMET Blue Metals

Tantalum    KEMET Blue Powder

Tantalum    King-Tan Tantalum Industry Ltd.

Tantalum    LSM Brasil S.A.

Tantalum    Metallurgical Products India Pvt., Ltd.

Tantalum    Mineração Taboca S.A.

Tantalum    Mitsui Mining & Smelting

Tantalum    Molycorp Silmet A.S.

Tantalum    Ningxia Orient Tantalum Industry Co., Ltd.

Tantalum    Plansee SE Liezen

Tantalum    Plansee SE Reutte

Tantalum    QuantumClean

Tantalum    Resind Indústria e Comércio Ltda.

Tantalum    RFH Tantalum Smeltry Co., Ltd.

Tantalum    Solikamsk Magnesium Works OAO

Tantalum    Taki Chemicals

Tantalum    Telex Metals

Tantalum    Tranzact, Inc.

Tantalum    Ulba Metallurgical Plant JSC

Tantalum    XinXing HaoRong Electronic Material Co., Ltd.

Tantalum    Yichun Jin Yang Rare Metal Co., Ltd.

Tantalum    Zhuzhou Cemented Carbide

Tin        Alpha

Tin        An Thai Minerals Company Limited

Tin        An Vinh Joint Stock Mineral Processing Company

Tin        China Tin Group Co., Ltd.

Tin        CNMC (Guangxi) PGMA Co., Ltd.

Tin        Cooperativa Metalurgica de Rondônia Ltda.

Tin        CV Ayi Jaya

Tin        CV Gita Pesona

Tin        CV Serumpun Sebalai

Tin        CV United Smelting

Tin        CV Venus Inti Perkasa

Tin        Dowa

Tin        Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company

Tin        Elmet S.L.U (Metallo Group)

Tin        EM Vinto

Tin        Estanho de Rondônia S.A.

Tin        Feinhütte Halsbrücke GmbH

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Tin        Fenix Metals

Tin        Gejiu Kai Meng Industry and Trade LLC

Tin        Gejiu Non-Ferrous Metal Processing Co., Ltd.

Tin        Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.

Tin        Gejiu Zili Mining And Metallurgy Co., Ltd.

Tin        Huichang Jinshunda Tin Co., Ltd.

Tin        Jiangxi Ketai Advanced Material Co., Ltd.

Tin        Linwu Xianggui Ore Smelting Co., Ltd.

Tin        Magnu's Minerais Metais e Ligas Ltda.

Tin        Malaysia Smelting Corporation (MSC)

Tin        Melt Metais e Ligas S/A

Tin        Metallic Resources, Inc.

Tin        Metallo-Chimique N.V.

Tin        Mineração Taboca S.A.

Tin        Minsur

Tin        Mitsubishi Materials Corporation

Tin        Nankang Nanshan Tin Manufactory Co., Ltd.

Tin        Nghe Tinh Non-Ferrous Metals Joint Stock Company

Tin        O.M. Manufacturing Philippines, Inc.

Tin        O.M. Manufacturing (Thailand) Co., Ltd.

Tin        Operaciones Metalurgical S.A.

Tin        Phoenix Metal Ltd.

Tin        PT Alam Lestari Kencana

Tin        PT Aries Kencana Sejahtera

Tin        PT Artha Cipta Langgeng

Tin        PT ATD Makmur Mandiri Jaya

Tin        PT Babel Inti Perkasa

Tin        PT Bangka Prima Tin

Tin        PT Bangka Timah Utama Sejahtera

Tin        PT Bangka Tin Industry

Tin        PT Belitung Industri Sejahtera

Tin        PT BilliTin Makmur Lestari

Tin        PT Bukit Timah

Tin        PT Cipta Persada Mulia

Tin        PT DS Jaya Abadi

Tin        PT Eunindo Usaha Mandiri

Tin        PT Fang Di MulTindo

Tin        PT Inti Stania Prima

Tin        PT Justindo

Tin        PT Karimun Mining

Tin        PT Mitra Stania Prima

Tin        PT Panca Mega Persada

Tin        PT Pelat Timah Nusantara Tbk

Tin        PT Prima Timah Utama

Tin        PT Refined Bangka Tin

Tin        PT Sariwiguna Binasentosa

Tin        PT Stanindo Inti Perkasa

Tin        PT Sumber Jaya Indah

Tin        PT Timah (Persero) Tbk Kundur

Tin        PT Timah (Persero) Tbk Mentok

Tin        PT Tinindo Inter Nusa

Tin        PT Tirus Putra Mandiri

Tin        PT Wahana Perkit Jaya

Tin        Resind Indústria e Comércio Ltda.

Tin        Rui Da Hung

Tin        Soft Metais Ltda.

Tin        Thaisarco

Tin        Tuyen Quang Non-Ferrous Metals Joint Stock Company

Tin        VQB Mineral and Trading Group JSC

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Tin        White Solder Metalurgia e Mineração Ltda.

Tin        Yunnan Chengfeng Non-ferrous Metals Co., Ltd.

Tin        Yunnan Tin Group (Holding) Company Limited

Tungsten    A.L.M.T. TUNGSTEN Corp.

Tungsten    Asia Tungsten Products Vietnam Ltd.

Tungsten    Chenzhou Diamond Tungsten Products Co., Ltd.

Tungsten    Chongyi Zhangyuan Tungsten Co., Ltd.

Tungsten    Dayu Jincheng Tungsten Industry Co., Ltd.

Tungsten    Dayu Weiliang Tungsten Co., Ltd.

Tungsten    Fujian Jinxin Tungsten Co., Ltd.

Tungsten    Ganxian Shirui New Material Co., Ltd.

Tungsten    Ganzhou Huaxing Tungsten Products Co., Ltd.

Tungsten    Ganzhou Jiangwu Ferrotungsten Co., Ltd.

Tungsten    Ganzhou Non-ferrous Metals Smelting Co., Ltd.

Tungsten    Ganzhou Seadragon W & Mo Co., Ltd.

Tungsten    Ganzhou Yatai Tungsten Co., Ltd.

Tungsten    Global Tungsten & Powders Corp.

Tungsten    Guangdong Xianglu Tungsten Co., Ltd.

Tungsten    H.C. Starck GmbH

Tungsten    H.C. Starck Smelting GmbH & Co.KG

Tungsten    Hunan Chenzhou Mining Group Co., Ltd.

Tungsten    Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji

Tungsten    Hunan Chuangda Vanadium Tungsten Co., Ltd. Yanglin

Tungsten    Hunan Chunchang Nonferrous Metals Co., Ltd.

Tungsten    Hydrometallurg, JSC

Tungsten    Japan New Metals Co., Ltd.

Tungsten    Jiangwu H.C. Starck Tungsten Products Co., Ltd.

Tungsten    Jiangxi Gan Bei Tungsten Co., Ltd.

Tungsten    Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd.

Tungsten    Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.

Tungsten    Jiangxi Xinsheng Tungsten Industry Co., Ltd.

Tungsten    Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd.

Tungsten    Jiangxi Yaosheng Tungsten Co., Ltd.

Tungsten    Kennametal Fallon

Tungsten    Kennametal Huntsville

Tungsten    Malipo Haiyu Tungsten Co., Ltd.

Tungsten    Niagara Refining LLC

Tungsten    Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC

Tungsten    Pobedit, JSC

Tungsten    Sanher Tungsten Vietnam Co., Ltd.

Tungsten    Tejing (Vietnam) Tungsten Co., Ltd.

Tungsten    Vietnam Youngsun Tungsten Industry Co., Ltd.

Tungsten    Wolfram Bergbau und Hütten AG

Tungsten    Xiamen Tungsten (H.C.) Co., Ltd.

Tungsten    Xiamen Tungsten Co., Ltd.

Tungsten    Xinhai Rendan Shaoguan Tungsten Co., Ltd.

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