Leading vertically integrated and conflict-free provider of high performance tantalum metallurgical and powder products to the electronics, aerospace, automotive, chemical manufacturing and other industries.

Global Advanced Metals (GAM) Joins ITRI Tin Supply Chain Initiative (iTSCi)

Thursday, August 15, 2013

Waltham, MA - August 15, 2013 - Global Advanced Metals Pty Ltd (GAM), a leader in the socially responsible production of tantalum, has joined the ITRI Tin Supply Chain Initiative (iTSCi), a program that supports upstream companies from miners to smelters as they work to address supply chain issues related to conflict minerals in the Democratic Republic of Congo (DRC) and surrounding countries.

"We are pleased to join iTSCi and this collaborative effort to eliminate minerals from conflict sources from the supply chain, while also ensuring that conflict free material from mines in the DRC has a pathway to market," said Steve Krause, President of Global Advanced Metals Technology. "GAM has long been committed to providing our customers and end-users with conflict free and sustainable material and we look forward to this partnership with iTSCi that will allow us to go beyond compliance standards to strengthen assurances for our customers."

iTSCi assists upstream companies to institute the actions, structures, and processes necessary to conform with the Organization for Economic Cooperation and Development (OECD) Due Diligence Guidance. This ultimately helps conflict-free supply chain participants get their products to market.

"We are pleased to welcome GAM as a member of iTSCi as we work toward progressive improvement in conflict mineral sectors, as well as long term sustainable production and economic development," said Kay Nimmo of the iTSCi Governance Committee. "GAM has been a leader in the production of conflict free tantalum and we look forward to their important contributions to our membership of companies."

Conflict minerals involve the mining and trading of tin, tungsten, tantalum and gold that have been associated with the financing of armed conflict and violence in the DRC and adjoining countries. These valuable minerals are in some cases smuggled out of the DRC through neighboring countries and can make their way to the U.S. and all over the world in various consumer, commercial and industrial products.

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About iTSCi

iTSCi is a joint industry program of traceability and due diligence designed to address concerns over conflict minerals such as tantalum from central Africa. The iTSCi system aims to meet the needs of companies wishing to maintain trade with responsible supply chain actors in the Democratic Republic of Congo (DRC) and adjoining countries, as well as to meet due diligence expectations of the international community in terms of guidance from the UN, OECD and national laws such as the Dodd Frank Act in the US. We aim to encourage progressive improvement in the tantalum and other conflict minerals sectors as well as sustainable production and economic development in the longer term.

 

About Global Advanced Metals Pty Ltd

Global Advanced Metals Pty Ltd owns the world's largest known resource of tantalum ore in its Western Australian mines, is actively engaged in exploration and resource development throughout the world, and processes tantalum ore into powder and metallurgical product at its U.S. and Japan based facilities. GAM is a global leader in the production, development and sustainable supply of tantalum to a range of industries including electronics, aerospace, medical and chemical processing. GAM facilities were officially declared "Conflict Fee" in 2010 under the newly formed EICC/GeSI Conflict Free Smelter audit process, and continue to maintain that status today. www.globaladvancedmetals.com

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