Manufacturing & The Economy
- Published on Friday, 16 May 2014 12:32
- Written by Michelle Wandres
A U.S. appeals court has denied a request made by the National Association of Manufacturers and two other business organizations to delay the implementation of the conflict minerals portion of the Dodd-Frank Wall Street reform law. Consequently, companies will have to start complying with the new law on June 2.
The law requires publicly traded manufacturers to determine if any tantalum, tin, gold or tungsten used in their products may have originated from the conflict-ridden Democratic Republic of Congo (DRC); if so, the companies must disclose the findings to their investors.