04 Apr '12, 2pm

HP, Intel and GE start fund to boost conflict-free minerals

HP, Intel and GE start fund to boost conflict-free minerals

It's the blood-diamond issue of the electronics industry: Many of the minerals used in electronics -- including tin, tantalum, tungsten and gold -- come from areas awash in corruption, child labor and slavery, where mines are controlled by armed groups. A U.S. law requiring companies to disclose if they source key minerals from conflict-torn areas has lit a fire under businesses to trace their supply chains and find conflict-free supplies. But with other countries also pressuring companies to eliminate conflict materials, there's more demand for conflict-free minerals than supply. And removing conflict minerals from a supply chain can be a major challenge because many companies don't deal directly with a mine. Instead, those companies would need to check with every supplier along the route if they want to make sure their products are conflict-free. A new fund backed by Int...

Full article: http://www.greenbiz.com/blog/2012/04/04/hp-intel-and-ge-s...

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