UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SD
Specialized Disclosure Report
THE MIDDLEBY CORPORATION
(Exact Name of Registrant as Specified in its Charter)
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Delaware
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1-9973
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36-3352497
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(State or Other Jurisdiction of Incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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1400 Toastmaster Drive
Elgin, Illinois 60120
(Address of Principal Executive Offices) (Zip Code)
Partha Biswas
The Middleby Corporation
(847) 741-3300
(Name and telephone number, including area code of the
person to contact in connection with this report)
Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:
x Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2015.
Section 1 – Conflict Minerals Disclosure
Item 1.01 Conflict Minerals Disclosure and Report.
Conflict Minerals Disclosure
A copy of The Middleby Corporation’s Conflict Minerals Report for the reporting period from January 1 to December 31, 2015, is provided as Exhibit 1.01 hereto and is publicly available on its website (www.middleby.com) under Investor Relations.
Item 1.02 Exhibit
As specified in Section 2, Item 2.01 of this Form SD, the company is hereby filing its Conflict Minerals Report as Exhibit 1.01 to the Form SD.
Section 2 – Exhibits
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Item 2.01
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Exhibits
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Exhibit No.
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Description
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Exhibit 1.01
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Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.
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THE MIDDLEBY CORPORATION
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Dated: May 31, 2016
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By:
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/s/ Timothy J. FitzGerald
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Timothy J. FitzGerald
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Vice President,
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Chief Financial Officer
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Exhibit 1.01
The Middleby Corporation
Conflict Minerals Report
For the year ended December 31, 2015
This report for the year ended December 31, 2015 is presented to comply with Section 13(p) of the Securities Exchange Act of 1934 and Rule 13p-1 (the Rule) and Form SD thereunder. The Rule was adopted by the Securities and Exchange Commission (SEC) to implement reporting and disclosure requirements related to conflict minerals as directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act). The Rule imposes certain reporting obligations on SEC registrants whose manufactured products contain conflict minerals which are necessary to the functionality or production of their products. Conflict minerals are defined as cassiterite, columbite-tantalite, gold, wolframite, and their derivatives, which are limited to tin, tantalum and tungsten (together with gold, 3TG) for the purposes of this assessment. These requirements apply to registrants, regardless of the geographic origin of the conflict minerals and whether or not they fund armed conflict. In accordance with the instructions to Form SD, this Conflict Minerals Report has not been audited by an independent private sector auditor.
If a registrant can establish that the conflict minerals in its products originated from sources other than the Democratic Republic of the Congo (DRC) or an adjoining country, or from recycled and scrap sources, the registrant must submit a specialized disclosure report under Form SD that describes the steps that the registrant took to determine the origin of the conflict minerals in its products.
If a registrant has reason to believe that any of the conflict minerals in its supply chain may have originated in the DRC or an adjoining country, (collectively, the Conflict Region), or if the registrant is unable to determine the country of origin of those conflict minerals, then the registrant must exercise due diligence on the conflict minerals’ source and chain of custody, and the registrant must annually submit a Conflict Minerals Report to the SEC that includes a description of those due diligence measures.
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1)
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Company Overview
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The Middleby Corporation (Middleby or the company), through its operating subsidiary Middleby Marshall Inc. and its subsidiaries, is a leader in the design, manufacture, marketing, distribution and service of a broad line of (i) cooking and warming equipment used in all types of commercial restaurants and institutional kitchens, (ii) food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and (iii) premium kitchen equipment including ranges, ovens, refrigerators, ventilation and dishwashers primarily used in the residential market.
Founded in 1888 as a manufacturer of baking ovens, Middleby Marshall Oven Company was acquired in 1983 by TMC Industries Ltd., a publicly traded company that changed its name in 1985 to The Middleby Corporation. The company has established itself as a leading provider of (i) commercial restaurant equipment, (ii) food processing equipment and (iii) residential kitchen equipment as a result of its acquisition of industry leading brands and through the introduction of innovative products within each of these segments.
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2)
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Products Overview
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a)
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Commercial foodservice equipment
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The products offered by this group include conveyor ovens, combi-ovens, convection ovens, baking ovens, proofing ovens, deck ovens, speed cooking ovens, hydrovection ovens, ranges, fryers, rethermalizers, steam cooking equipment, warming equipment, heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, induction cooking equipment, countertop cooking equipment, toasters, professional refrigerators, blast chillers, coldrooms, ice machines, freezers and beverage dispensing equipment.
The commercial foodservice equipment is marketed under a portfolio of forty brands, including Anets®, Beech®, Blodgett®, Blodgett Combi®, Blodgett Range®, Bloomfield®, Britannia®, CTX®, Carter-Hoffmann®, Celfrost®, Concordia®, CookTek®, Desmon®, Doyon®, Eswood®, FriFri®, Giga®, Goldstein®, Holman®, Houno®, IMC®, Induc®, Jade®, Lang®, Lincat®, MagiKitch'n®, Market Forge®, Marsal®, Middleby Marshall®, MPC®, Nieco®, Nu-Vu®, PerfectFry®, Pitco Frialator®, Southbend®, Star®, Toastmaster®, TurboChef®, Wells® and Wunder-Bar®.
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b)
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Food processing equipment
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The products offered by this group include a wide array of cooking and baking solutions, including batch ovens, baking ovens, proofing ovens, conveyor ovens, continuous processing ovens, frying systems and automated thermal processing systems. The company also provides a comprehensive portfolio of complementary food preparation equipment such as grinders, slicers, emulsifiers, mixers, blenders, battering equipment, breading equipment, water cutting systems, food presses, and forming equipment, as well as a variety of food safety, food handling, freezing and packaging equipment. This portfolio of equipment can be integrated to provide customers a highly efficient and customized solution.
The food processing equipment is marketed under a portfolio of thirteen brands, including Alkar®, Armor Inox®, Auto-Bake®, Baker Thermal Solutions®, Cozzini®, Danfotech®, Drake®, Maurer-Atmos®, MP Equipment®, RapidPak®, Spooner Vicars®, Stewart Systems® and Thurne®.
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c)
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Residential kitchen equipment
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The Residential Kitchen Equipment Group manufactures, sells and distributes kitchen equipment for the residential market. Principal product lines of this group are ranges, cookers, stoves, ovens, refrigerators, dishwashers, microwaves, cooktops, refrigerators, wine coolers, ice machines, dishwashers, ventilation equipment and outdoor equipment. These products are sold and marketed under a portfolio of twenty-one brands, including AGA®, AGA Cookshop®, Brigade®, Divertimenti®, Falcon®, Fired Earth®, Grange®, Heartland®, La Cornue®, Leisure Sinks®, Lynx®, Marvel®, Mercury®, Rangemaster®, Rayburn®, Redfyre®, Sedona®, Stanley®, TurboChef®, U-Line® and Viking®.
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3)
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Supply Chain Overview
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The company’s business depends on an extensive global network of suppliers to provide the materials, parts and services to make its final products. As a downstream company, generally there are multiple tiers between the company and its suppliers and the source of raw materials that enter the manufacturing process. The composition of the company’s supply chain makes it challenging to identify the origin of 3TG used in its products. Therefore, the company must rely on its direct suppliers to work with upstream suppliers to provide accurate information (e.g., through the reasonable country of origin inquiry described below) about the origin of 3TG in the materials and parts that the company purchases.
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4)
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Reasonable Country of Origin Inquiry (“RCOI”) and RCOI Conclusion
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Based on an analysis of its products, the company determined that its products contain 3TG necessary to the functionality or production of those products. Therefore, the company is subject to the reporting obligations of the Rule.
Due to the breadth and complexity of the company’s products and the size and complexity of its supply chain, it is difficult to identify those sources upstream from our direct suppliers.
After conducting a good faith RCOI, the company did not have sufficient information from its suppliers or other sources to determine whether the conflict minerals contained in its products originated in the Conflict Region or are from recycled or scrap sources. As a result, the company conducted due diligence and developed a conflict minerals program.
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5)
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Design of Conflict Minerals Program
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The company has established a conflict minerals program to conduct due diligence on the source and chain of custody of the necessary 3TG contained in the company’s products. The company’s due diligence program has been designed to conform, in all material respects, with the internationally recognized framework presented by The Organisation for Economic Co-operation and Development (OECD) in the publication OECD (2013) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas: Second Edition and the related supplements for 3TG (OECD Guidance).
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6)
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Due Diligence Steps Performed
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The due diligence steps performed by the company are set forth below according to the five-step framework established by the OECD Guidance:
Step One: Establish Strong Company Management Systems
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The company’s policy with respect to the sourcing of conflict minerals can be found at www.middleby.com, under the heading “Investor Info”. The content of any the company’s website is referenced in this report for general information only and is not incorporated by reference in this report.
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The company has in place a management structure to support supply chain due diligence related to conflict minerals. This includes an executive steering committee led by the global supply chain executive and the corporate controller, which are responsible for the company’s due diligence strategy, as well as reporting under the Rule.
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The company has contracted with a third-party service provider to assist with the supplier outreach processes.
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The company is following its established records retention policy, which requires it to maintain records related to SEC filings such as the conflict minerals reporting for a specified number of years.
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The company’s senior management is briefed about the company’s practices with respect to 3TG due diligence.
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Step Two: Identify and Assess Risks in the Supply Chain
Middleby does not directly source any conflict minerals that may be used in the products it manufactures or contracts to manufacture. Therefore, the company must rely solely on its upstream supply chain to assist with the required due diligence efforts. Accordingly, the company implemented the following measures as part of its due diligence program related to conflict minerals:
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Compiled a list of suppliers that provide raw materials and components used in the manufacturing of all Middleby products and determined to be in-scope for regulatory purposes (i.e., provided raw materials and components may include conflict minerals);
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Contacted the identified suppliers and, using the Conflict-Free Sourcing Initiative's (CFSI) Conflict Minerals Reporting Template, requested from those suppliers confirmation of the presence of conflict minerals in the raw materials or components they supplied to Middleby and information regarding the origin of those minerals;
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Established an initial deadline for suppliers to provide the requested information and documentation;
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Performed follow-up with unresponsive suppliers to request compliance with its requests for information and documentation;
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Reviewed and analyzed information on smelters or refiners contained in the responses by comparing the reported smelters and refiners to the CFSI's Conflict-Free Smelter Program list;
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Identified suppliers that appear to require further due diligence on the source and chain of custody of the necessary conflict minerals provided to Middleby; and
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Followed up with suppliers, and performed additional due diligence on the supply chain of suppliers, that:
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Reported potentially sourcing conflict minerals from the Conflict Region; or
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Provided data indicating sourcing or potentially sourcing from a mine located in the Conflict Region; or
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Did not provide full information in response to the company’s inquiries.
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Step Three: Design and Implement a Strategy to Respond to Identified Risks
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The company has a risk management plan to address concerns that a supplier may be providing components that contain 3TG sourced from the Conflict Region.
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If a supplier indicates that it directly or indirectly sources 3TG from the Conflict Region, the company requests additional information from such supplier. If a supplier is confirmed to provide materials for company products that contain 3TG sourced from the Conflict Region, the company program risk management procedures allow for mitigation steps, including conducting a review with the program managers from the affected business segments to determine appropriate next steps.
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During 2015, Middleby did not identify any instance where it was necessary to implement risk mitigation efforts, temporarily suspend its relationship or disengage with a member of the Supplier Group.
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Step Four: Carry out Independent Third-Party Audit of Smelter/Refiner’s Due Diligence Practices
As Middleby does not directly source any conflict minerals used in its products, the company did not engage in any third-party audits of smelters or refiners that may be in its supply chain. However, the company continues to support the CFSI's efforts to influence smelters and refiners to become certified through its Conflict-Free Smelter Program and encourages its upstream suppliers to utilize these certified smelters and refiners when sourcing conflict minerals.
Step Five: Report Annually on Supply Chain Due Diligence
A copy of this Conflict Minerals Report, along with a copy of the company’s Conflict Minerals Policy, is available on the company’s website at www.middleby.com under the heading “Investor Relations.”
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7)
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Due Diligence Results
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As a result of the company’s due diligence for the year ended December 31, 2015, Middleby was unable to determine the origin of all of the conflict minerals contained in its products or whether such conflict minerals directly or indirectly financed or benefited armed groups in the Conflict Region. Set forth in Annex A is a list of known smelters that may be in our supply chain for the products we manufacture or contract to manufacture. Such smelters have been recognized in the CFSI’s Conflict-Free Smelter Program list.
Due to the breadth and complexity of the company’s products and the size and complexity of the company’s supply chain, it will take additional time and resources for many of the company’s suppliers to verify the origin of the minerals contained in the materials that they supply to us, and they may not be successful in their efforts. Even then, Middleby’s due diligence measures can provide only reasonable, not absolute, assurance regarding the source and chain of custody of the necessary conflict minerals.
As discussed throughout this report, the most difficult challenge is identifying and obtaining reliable and useful information from upstream suppliers with which Middleby may not have a relationship. Because information generally was provided at a company or divisional level and was not tied to the company’s specific products, the company did not have sufficient information to identify the facilities that sourced 3TG included in the company’s products, or to identify the country of origin of such 3TG. While some survey responses identified suppliers within the Supplier Group that indicated they used smelters or mines from the Conflict Region, those responses stated that those suppliers sourced from multiple smelters and mines, and also did not disclose a full product line that would enable the company to tie a specific mine to one of its products.
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8)
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Steps to be Taken to Mitigate Risk
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Middleby continues to look for ways to improve its conflict minerals due diligence process and to mitigate any risk that conflict minerals in its products could benefit armed groups in the Conflict Region. Specifically, the company is undertaking, and will continue to undertake, the following steps:
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Engage unresponsive suppliers with a view toward obtaining additional information regarding those suppliers that have not responded to requests for conflict minerals information, ultimately seeking to have responses from suppliers detailing:
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the use of necessary conflict minerals in the materials or components they supply to the company;
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the country of origin of those conflict minerals;
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the use of scrap or recycled sources in those conflict minerals; and
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the source and chain of custody of those conflict minerals originating in the Conflict Region and not obtained from scrap or recycled sources;
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Engage those suppliers that have responded to the company’s request for conflict mineral information, but where the responses received were incomplete or had inconsistencies within the data the supplier reported in the CFSI Conflict Minerals Reporting Template;
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Continue to define our third party service provider's role in the gathering and processing of the information required for the RCOI and due diligence processes;
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Work with upstream suppliers to educate them on the necessary processes they need to undertake in order to allow them to assist the company in performing the due diligence under the OECD Guidance;
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Review supplier contracts in an effort to determine the inclusion of specific language on the use of conflict minerals in the materials or components supplied to Middleby; and
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Continue developing a strategy for mitigating the risk that the conflict minerals in the company’s supply chain may have originated from the Conflict Region.
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Forward-Looking Statements
Certain statements in this Conflict Minerals Report are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about Middleby’s business. Forward-looking statements by their nature address matters that are, to different degrees, uncertain and often contain words such as “may,” “could,” “expect,” “plan,” “seek,” “believe,” “predict,” “potential” or “continue.” These statements are not guarantees of future performance and involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this Conflict Minerals Report. Such forward-looking statements speak only as of the date on which they are made and Middleby does not undertake any obligation to update any forward-looking statements to reflect events or circumstances after the date of this Conflict Minerals Report. These forward-looking statements should be considered in the light of the information included in this report and the company’s other filings with the SEC, including, without limitation, the risk factors set forth in our Annual Report on Form 10-K for the year ended January 2, 2016.
Annex A
The following is a list of known smelters that may be in our supply chain for the products we manufacture or contract to manufacture. Such smelters have been recognized in the CFSI’s Conflict-Free Smelter Program list.
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Metal
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Smelter Name
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Smelter Country
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Tungsten
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A.L.M.T. TUNGSTEN Corp.
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Japan
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Tungsten
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ABS Industrial Resources Ltd
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United Kingdom
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Tungsten
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ACL Metais Eireli
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Brazil
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Gold
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Advanced Chemical Company
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United States
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Gold
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Aida Chemical Industries Co., Ltd.
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Japan
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Tungsten
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Air Product
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France
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Tungsten
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Air Products
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United States
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Gold
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Aktyubinsk Copper Company TOO
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Kazakhstan
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Gold
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Al Etihad Gold
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United Arab Emirates
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Gold
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Allgemeine Gold-und Silberscheideanstalt A.G.
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Germany
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Gold
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Almalyk Mining and Metallurgical Complex (AMMC)
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Uzbekistan
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Tin
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Alpha
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United States
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Tantalum
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AMG Advanced Metallurgical Group
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United States
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Tin
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An Thai Minerals Company Limited
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Vietnam
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Tin
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An Vinh Joint Stock Mineral Processing Company
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Vietnam
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Gold
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AngloGold Ashanti Córrego do Sítio Mineração
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Brazil
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Gold
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Argor-Heraeus SA
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Switzerland
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Gold
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Asahi Pretec Corporation
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Japan
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Gold
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Asahi Refining Canada Limited
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Canada
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Gold
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Asahi Refining USA Inc.
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United States
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Gold
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Asaka Riken Co., Ltd.
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Japan
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Tungsten
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Asia Tungsten Products Vietnam Ltd.
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Vietnam
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Gold
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Atasay Kuyumculuk Sanayi Ve Ticaret A.S.
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Turkey
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Gold
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Aurubis AG
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Germany
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Tantalum
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Avon Specialty Metals Ltd
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United Kingdom
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Gold
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Bangko Sentral ng Pilipinas (Central Bank of the Philippines)
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Philippines
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Gold
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Bauer Walser AG
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Germany
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Tungsten
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Beijing Tian-Long Tungsten & Molybdenum Co., Ltd.
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China
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Tin
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Best Metais e Soldas SA
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Brazil
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Gold
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BHP Billiton
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Australia
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Gold
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Boliden AB
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Sweden
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Gold
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C. Hafner GmbH + Co. KG
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Germany
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Gold
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Caridad
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Mexico
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Gold
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CCR Refinery - Glencore Canada Corporation
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Canada
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Gold
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Cendres + Métaux SA
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Switzerland
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Tantalum
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Changsha South Tantalum Niobium Co., Ltd.
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China
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Tungsten
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Chenzhou Diamond Tungsten Products Co., Ltd.
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China
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Tin
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Chenzhou Yunxiang Mining and Metallurgy Company Limited
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China
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Gold
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Chimet S.p.A.
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Italy
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Gold
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China Nonferrous Metal Mining (Group) Co., Ltd.
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China
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Tin
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China Tin Group Co., Ltd.
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China
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Tungsten
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Chongyi Zhangyuan Tungsten Co., Ltd.
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China
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Gold
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Chugai Mining
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Japan
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Tin
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CNMC (Guangxi) PGMA Co. Ltd.
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China
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Gold
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Codelco
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Chile
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Tin
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Colonial Metals, Inc
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United States
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Tin
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Complejo Metalurgico Vinto S.A.
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Bolivia
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Tantalum
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Conghua Tantalum and Niobium Smeltry
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China
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Tin
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Cooperativa Metalurgica de Rondônia Ltda.
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Brazil
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Tin
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CSC Pure Technologies
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Russia
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Tin
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CV Ayi Jaya
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Indonesia
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Tin
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CV Dua Sekawan
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Indonesia
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Tin
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CV Duta Putra Bangka
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Indonesia
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Tin
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CV Gita Pesona
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Indonesia
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Tin
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CV Prima Timah Utama
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Indonesia
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Tin
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CV Serumpun Sebalai
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Indonesia
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Tin
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CV Tiga Sekawan
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Indonesia
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Tin
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CV United Smelting
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Indonesia
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Tin
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CV Venus Inti Perkasa
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Indonesia
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Tantalum
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D Block Metals, LLC
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United States
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Gold
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Daejin Indus Co., Ltd.
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South Korea
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Gold
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Daye Non-Ferrous Metals Mining Ltd.
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China
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Tungsten
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Dayu Jincheng Tungsten Industry Co., Ltd.
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China
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Tungsten
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Dayu Weiliang Tungsten Co., Ltd.
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China
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Gold
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DODUCO GmbH
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Germany
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Gold
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Dowa
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Japan
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Gold
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DSC (Do Sung Corporation)
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South Korea
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Tantalum
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Duoluoshan
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China
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Tantalum
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E.S.R. Electronics
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United States
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Gold
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Eco-System Recycling Co., Ltd.
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Japan
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Tin
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EFD INC.
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United States
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Gold
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Eldorado Gold Corporation
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Canada
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Tin
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Electroloy Metal Pte
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Singapore
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Tin
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Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company
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Vietnam
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Gold
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Elemetal Refining, LLC
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United States
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Tin
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Elmet S.A. de C.V.
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Mexico
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Tin
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Elmet S.L.U. (Metallo Group)
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Spain
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Tin
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EM Vinto
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Bolivia
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Gold
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Emirates Gold DMCC
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United Arab Emirates
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Tungsten
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ERAMET
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France
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Gold
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ESG Edelmetall-Service GmbH & Co. KG
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Germany
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Tin
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Estanho de Rondônia S.A.
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Brazil
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Tungsten
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Exotech Inc.
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United States
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Tantalum
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F&X Electro-Materials Ltd.
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China
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Gold
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Faggi Enrico S.p.A.
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Italy
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Tin
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Federal Metal Company
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United States
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Tin
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Feinhutte Halsbrucke GmbH
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Germany
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Tin
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Fenix Metals
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Poland
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Gold
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Fidelity Printers and Refiners Ltd.
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Zimbabwe
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Tantalum
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FIR Metals & Resource Ltd.
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China
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Tungsten
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Fujian Jinxin Tungsten Co., Ltd.
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China
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Gold
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Gannon & Scott
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United States
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Gold
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Gansu Seemine Material Hi-Tech Co Ltd
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China
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Gold
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Gansu Seemine Material Hi-Tech Co., Ltd.
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China
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Tungsten
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Ganxian Shirui New Material Co., Ltd.
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China
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Tungsten
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Ganzhou Haichuang Tungsten Industry Co., Ltd.
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China
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Tungsten
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Ganzhou Huaxing Tungsten Products Co., Ltd.
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China
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Tungsten
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Ganzhou Jiangwu Ferrotungsten Co., Ltd.
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China
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Tungsten
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Ganzhou Non-ferrous Metals Smelting Co., Ltd.
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China
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Tungsten
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Ganzhou Seadragon W & Mo Co., Ltd.
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China
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Tungsten
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Ganzhou Yatai Tungsten Co., Ltd.
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China
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Gold
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Geib Refining Corporation
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United States
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Tin
|
Gejiu Fengming Metalurgy Chemical Plant
|
China
|
|
Tin
|
Gejiu Kai Meng Industry and Trade LLC
|
China
|
|
Tin
|
Gejiu Non-Ferrous Metal Processing Co., Ltd.
|
China
|
|
Tin
|
Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.
|
China
|
|
Tin
|
Gejiu Zi-Li
|
China
|
|
Tantalum
|
Global Advanced Metals Aizu
|
Japan
|
|
Tantalum
|
Global Advanced Metals Boyertown
|
United States
|
|
Tungsten
|
Global Tungsten & Powders Corp.
|
United States
|
|
Tungsten
|
Golden Egret Special Alloy Co. Ltd
|
China
|
|
Gold
|
Guangdong Jinding Gold Limited
|
China
|
|
Tungsten
|
Guangdong Xianglu Tungsten Co., Ltd.
|
China
|
|
Tantalum
|
Guangdong Zhiyuan New Material Co., Ltd.
|
China
|
|
Tin
|
Guanyang Guida Nonferrous Metal Smelting Plant
|
China
|
|
Tantalum
|
Guizhou Zhenhua Xinyun Technology Ltd., Kaili branch
|
China
|
|
Tantalum
|
H.C. Starck Co., Ltd.
|
Thailand
|
|
Tungsten
|
H.C. Starck GmbH
|
Germany
|
|
Tantalum
|
H.C. Starck GmbH Goslar
|
Germany
|
|
Tantalum
|
H.C. Starck GmbH Laufenburg
|
Germany
|
|
Tantalum
|
H.C. Starck Hermsdorf GmbH
|
Germany
|
|
Tantalum
|
H.C. Starck Inc.
|
United States
|
|
Tantalum
|
H.C. Starck Ltd.
|
Japan
|
|
Tungsten
|
H.C. Starck Smelting GmbH & Co.KG
|
Germany
|
|
Gold
|
Hangzhou Fuchunjiang Smelting Co., Ltd.
|
China
|
|
Gold
|
Heimerle + Meule GmbH
|
Germany
|
|
Tantalum
|
Hengyang King Xing Lifeng New Materials Co., Ltd.
|
China
|
|
Gold
|
Heraeus Ltd. Hong Kong
|
China
|
|
Tin
|
Heraeus Materials Technology GmbH & Co. KG
|
Singapore
|
|
Gold
|
Heraeus Precious Metals GmbH & Co. KG
|
Germany
|
|
Tantalum
|
Hi-Temp Specialty Metals, Inc.
|
United States
|
|
Tin
|
Hongqiao Metals (Kunshan) Co., Ltd.
|
China
|
|
Gold
|
House of Currency of Brazil (Casa da Moeda do Brazil)
|
Brazil
|
|
Tin
|
HuiChang Hill Tin Industry Co., Ltd.
|
China
|
|
Tin
|
Huichang Jinshunda Tin Co. Ltd
|
China
|
|
Gold
|
Hunan Chenzhou Mining Co., Ltd.
|
China
|
|
Tungsten
|
Hunan Chuangda Metallurgy Group Co. Ltd.
|
China
|
|
Tungsten
|
Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji
|
China
|
|
Tungsten
|
Hunan Chuangda Vanadium Tungsten Co., Ltd. Yanglin
|
China
|
|
Tungsten
|
Hunan Chunchang Nonferrous Metals Co., Ltd.
|
China
|
|
Gold
|
Hwasung CJ Co. Ltd
|
South Korea
|
|
Tungsten
|
Hydrometallurg, JSC
|
Russia
|
|
Tin
|
Hyundai-Steel
|
South Korea
|
|
Gold
|
Inner Mongolia Qiankun Gold and Silver Refinery Share Company Limited
|
China
|
|
Gold
|
Ishifuku Metal Industry Co., Ltd.
|
Japan
|
|
Gold
|
Istanbul Gold Refinery
|
Turkey
|
|
Tungsten
|
Izawa Metal Co., Ltd
|
Japan
|
|
Gold
|
Japan Mint
|
Japan
|
|
Tungsten
|
Japan New Metals Co., Ltd.
|
Japan
|
|
Tin
|
Jean Goldschmidt International SA
|
Belgium
|
|
Tungsten
|
Jiangsu Hetian Technological Material Co.,Ltd
|
China
|
|
Tungsten
|
Jiangwu H.C. Starck Tungsten Products Co., Ltd.
|
China
|
|
Gold
|
Jiangxi Copper Company Limited
|
China
|
|
Tungsten
|
Jiangxi Dayu Longxintai Tungsten Co., Ltd.
|
China
|
|
Tantalum
|
Jiangxi Dinghai Tantalum & Niobium Co., Ltd
|
China
|
|
Tungsten
|
Jiangxi Gan Bei Tungsten Co., Ltd.
|
China
|
|
Tin
|
Jiangxi Ketai Advanced Material Co., Ltd.
|
China
|
|
Tungsten
|
Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd.
|
China
|
|
Tungsten
|
Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.
|
China
|
|
Tantalum
|
Jiangxi Tuohong New Raw Material
|
China
|
|
Tungsten
|
Jiangxi Xinsheng Tungsten Industry Co., Ltd.
|
China
|
|
Tungsten
|
Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd.
|
China
|
|
Tungsten
|
Jiangxi Yaosheng Tungsten Co., Ltd.
|
China
|
|
Gold
|
Jinlong Copper Co., Ltd.
|
China
|
|
Tantalum
|
JiuJiang JinXin Nonferrous Metals Co., Ltd.
|
China
|
|
Tungsten
|
Jiujiang Tanbre Co., Ltd.
|
China
|
|
Tantalum
|
Jiujiang Zhongao Tantalum & Niobium Co., Ltd.
|
China
|
|
Gold
|
JSC Ekaterinburg Non-Ferrous Metal Processing Plant
|
Russia
|
|
Gold
|
JSC Uralelectromed
|
Russia
|
|
Gold
|
JX Nippon Mining & Metals Co., Ltd.
|
Japan
|
|
Gold
|
Kaloti Precious Metals
|
United Arab Emirates
|
|
Gold
|
Kazakhmys plc
|
Kazakhstan
|
|
Gold
|
Kazzinc
|
Kazakhstan
|
|
Tantalum
|
KEMET Blue Metals
|
United States
|
|
Tantalum
|
Kemet Blue Powder
|
United States
|
|
Tungsten
|
Kennametal Fallon
|
United States
|
|
Tungsten
|
Kennametal Huntsville
|
United States
|
|
Gold
|
Kennecott Utah Copper LLC
|
United States
|
|
Gold
|
KGHM Polska Miedź Spółka Akcyjna
|
Poland
|
|
Tantalum
|
King-Tan Tantalum Industry Ltd.
|
China
|
|
Gold
|
Kojima Chemicals Co., Ltd.
|
Japan
|
|
Tin
|
Koki Products Co., Ltd.
|
Thailand
|
|
Gold
|
Korea Metal Co. Ltd
|
South Korea
|
|
Gold
|
Korea Zinc Co. Ltd.
|
South Korea
|
|
Gold
|
Kovohutě Příbram
|
Czech Republic
|
|
Gold
|
Kyrgyzaltyn JSC
|
Kyrgyzstan
|
|
Gold
|
L' azurde Company For Jewelry
|
Saudi Arabia
|
|
Gold
|
Lingbao Gold Company Ltd.
|
China
|
|
Gold
|
Lingbao Jinyuan Tonghui Refinery Co. Ltd.
|
China
|
|
Tin
|
Linwu Xianggui Smelter Co
|
China
|
|
Tantalum
|
LSM Brasil S.A.
|
Brazil
|
|
Gold
|
LS-NIKKO Copper Inc.
|
South Korea
|
|
Gold
|
Luo yang Zijin Yinhui Metal Smelt Co Ltd
|
China
|
|
Tungsten
|
Luoyang Mudu Tungsten & Molybdenum Technology Co., Ltd.
|
China
|
|
Tin
|
Magnu's Minerais Metais e Ligas Ltda.
|
Brazil
|
|
Tin
|
Malaysia Smelting Corporation (MSC)
|
Malaysia
|
|
Tungsten
|
Malipo Haiyu Tungsten Co., Ltd.
|
China
|
|
Gold
|
Marsam Metals
|
Brazil
|
|
Tin
|
Materials Eco-Refining CO.,LTD
|
Japan
|
|
Gold
|
Materion
|
United States
|
|
Gold
|
Matsuda Sangyo Co., Ltd.
|
Japan
|
|
Tin
|
Melt Metais e Ligas S/A
|
Brazil
|
|
Gold
|
Metahub Industries Sdn. Bhd.
|
Malaysia
|
|
Gold
|
Metallic Resources, Inc.
|
United States
|
|
Tin
|
Metallo-Chimique N.V.
|
Belgium
|
|
Tantalum
|
Metallurgical Products India Pvt., Ltd.
|
India
|
|
Gold
|
Metalor Technologies (Hong Kong) Ltd.
|
China
|
|
Gold
|
Metalor Technologies (Singapore) Pte., Ltd.
|
Singapore
|
|
Gold
|
Metalor Technologies (Suzhou) Co Ltd
|
China
|
|
Gold
|
Metalor Technologies SA
|
Switzerland
|
|
Gold
|
Metalor USA Refining Corporation
|
United States
|
|
Gold
|
METALÚRGICA MET-MEX PEÑOLES, S.A. DE C.V
|
Mexico
|
|
Tin
|
Mineração Taboca S.A.
|
Brazil
|
|
Tin
|
Minsur
|
Peru
|
|
Gold
|
Mitsubishi Materials Corporation
|
Japan
|
|
Gold
|
Mitsui Mining & Smelting
|
Japan
|
|
Gold
|
MMTC-PAMP India Pvt., Ltd.
|
India
|
|
Tungsten
|
Moliren Ltd
|
Russia
|
|
Tantalum
|
Molycorp Silmet A.S.
|
Estonia
|
|
Gold
|
Morris and Watson
|
New Zealand
|
|
Gold
|
Moscow Special Alloys Processing Plant
|
Russia
|
|
Gold
|
Nadir Metal Rafineri San. Ve Tic. A.Ş.
|
Turkey
|
|
Tin
|
Nankang Nanshan Tin Co., Ltd.
|
China
|
|
Gold
|
Navoi Mining and Metallurgical Combinat
|
Uzbekistan
|
|
Tin
|
Nghe Tinh Non-Ferrous Metals Joint Stock Company
|
Vietnam
|
|
Tungsten
|
Niagara Refining LLC
|
United States
|
|
Gold
|
Nihon Material Co., Ltd.
|
Japan
|
|
Tantalum
|
Ningxia Orient Tantalum Industry Co., Ltd.
|
China
|
|
Tantalum
|
Nippon Mining & Metals Co. Ltd.
|
Japan
|
|
Tungsten
|
North American Tungsten
|
Canada
|
|
Tin
|
Novosibirsk Integrated Tin Works
|
Russia
|
|
Tungsten
|
Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC
|
Vietnam
|
|
Tin
|
O.M. Manufacturing (Thailand) Co., Ltd.
|
Thailand
|
|
Tin
|
O.M. Manufacturing Philippines, Inc.
|
Philippines
|
|
Gold
|
Ögussa Österreichische Gold- und Silber-Scheideanstalt GmbH
|
Austria
|
|
Gold
|
Ohura Precious Metal Industry Co., Ltd.
|
Japan
|
|
Gold
|
OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet)
|
Russia
|
|
Gold
|
OJSC Kolyma Refinery
|
Russia
|
|
Gold
|
OJSC Novosibirsk Refinery
|
Russia
|
|
Tin
|
Operaciones Metalurgical S.A.
|
Bolivia
|
|
Gold
|
PAMP SA
|
Switzerland
|
|
Tin
|
PBT
|
France
|
|
Gold
|
Penglai Penggang Gold Industry Co Ltd
|
China
|
|
Tungsten
|
Philippine Chuangin Industrial Co., Inc.
|
Philippines
|
|
Tin
|
Phoenix Metal Ltd
|
Rwanda
|
|
Tantalum
|
Plansee SE Liezen
|
Austria
|
|
Tantalum
|
Plansee SE Reutte
|
Austria
|
|
Tungsten
|
Pobedit, JSC
|
Russia
|
|
Tin
|
POSCO
|
South Korea
|
|
Tin
|
Primeyoung Metal Ind. (Zhuhai) Co., Ltd
|
China
|
|
Gold
|
Prioksky Plant of Non-Ferrous Metals
|
Russia
|
|
Tin
|
PT Alam Lestari Kencana
|
Indonesia
|
|
Gold
|
PT Aneka Tambang (Persero) Tbk
|
Indonesia
|
|
Tin
|
PT Aries Kencana Sejahtera
|
Indonesia
|
|
Tin
|
PT Artha Cipta Langgeng
|
Indonesia
|
|
Tin
|
PT ATD Makmur Mandiri Jaya
|
Indonesia
|
|
Tin
|
PT Babel Inti Perkasa
|
Indonesia
|
|
Tin
|
PT Bangka Kudai Tin
|
Indonesia
|
|
Tin
|
PT Bangka Prima Tin
|
Indonesia
|
|
Tin
|
PT Bangka Timah Utama Sejahtera
|
Indonesia
|
|
Tin
|
PT Bangka Tin Industry
|
Indonesia
|
|
Tin
|
PT Belitung Industri Sejahtera
|
Indonesia
|
|
Tin
|
PT BilliTin Makmur Lestari
|
Indonesia
|
|
Tin
|
PT Bukit Timah
|
Indonesia
|
|
Tin
|
PT Cipta Persada Mulia
|
Indonesia
|
|
Tin
|
PT DS Jaya Abadi
|
Indonesia
|
|
Tin
|
PT Eunindo Usaha Mandiri
|
Indonesia
|
|
Tin
|
PT Fang Di MulTindo
|
Indonesia
|
|
Tin
|
PT Inti Stania Prima
|
Indonesia
|
|
Tin
|
PT Justindo
|
Indonesia
|
|
Tin
|
PT Karimun Mining
|
Indonesia
|
|
Tin
|
PT Kijang Jaya Mandiri
|
Indonesia
|
|
Tin
|
PT Mitra Stania Prima
|
Indonesia
|
|
Tin
|
PT Panca Mega Persada
|
Indonesia
|
|
Tin
|
PT Pelat Timah Nusantara Tbk
|
Indonesia
|
|
Tin
|
PT Prima Timah Utama
|
Indonesia
|
|
Tin
|
PT Refined Bangka Tin
|
Indonesia
|
|
Tin
|
PT Sariwiguna Binasentosa
|
Indonesia
|
|
Tin
|
PT Seirama Tin investment
|
Indonesia
|
|
Tin
|
PT Stanindo Inti Perkasa
|
Indonesia
|
|
Tin
|
PT Sukses Inti Makmur
|
Indonesia
|
|
Tin
|
PT Sumber Jaya Indah
|
Indonesia
|
|
Tin
|
PT Timah (Persero) Tbk Kundur
|
Indonesia
|
|
Tin
|
PT Timah (Persero) Tbk Mentok
|
Indonesia
|
|
Tin
|
PT Tinindo Inter Nusa
|
Indonesia
|
|
Tin
|
PT Tirus Putra Mandiri
|
Indonesia
|
|
Tin
|
PT Tommy Utama
|
Indonesia
|
|
Tin
|
PT WAHANA PERKIT JAYA
|
Indonesia
|
|
Tin
|
Pure Technology
|
Russia
|
|
Gold
|
PX PrŽcinox SA
|
Switzerland
|
|
Tantalum
|
QuantumClean
|
United States
|
|
Gold
|
Rand Refinery (Pty) Ltd.
|
South Africa
|
|
Gold
|
Republic Metals Corporation
|
United States
|
|
Tin
|
Resind Indústria e Comércio Ltda.
|
Brazil
|
|
Tantalum
|
RFH Tantalum Smeltry Co., Ltd.
|
China
|
|
Gold
|
Rio Tinto Group
|
United Kingdom
|
|
Tin
|
Ritchey Metals
|
United States
|
|
Gold
|
Royal Canadian Mint
|
Canada
|
|
Tin
|
Rui Da Hung
|
Taiwan
|
|
Gold
|
SAAMP
|
France
|
|
Gold
|
Sabin Metal Corp.
|
United States
|
|
Gold
|
Samduck Precious Metals
|
South Korea
|
|
Gold
|
SAMWON METALS Corp.
|
South Korea
|
|
Tungsten
|
Sanher Tungsten Vietnam Co., Ltd.
|
Vietnam
|
|
Gold
|
SAXONIA Edelmetalle GmbH
|
Germany
|
|
Gold
|
Schone Edelmetaal B.V.
|
Netherlands
|
|
Gold
|
SEMPSA Joyería Platería SA
|
Spain
|
|
Tin
|
Senju Metal Industry Co., Ltd.
|
Bolivia
|
|
Tin
|
SGS
|
Bolivia
|
|
Gold
|
Shandong Gold Mining Co., Ltd.
|
China
|
|
Gold
|
Shandong Tiancheng Biological Gold Industrial Co., Ltd.
|
China
|
|
Gold
|
Shandong Zhaojin Gold & Silver Refinery Co., Ltd.
|
China
|
|
Tin
|
Shaoxing Tianlong Tin Materials Co., Ltd
|
China
|
|
Tin
|
Shenzhen Anchen Tin Co., Ltd
|
China
|
|
Gold
|
Sichuan Tianze Precious Metals Co., Ltd.
|
China
|
|
Gold
|
Singway Technology Co., Ltd.
|
Taiwan
|
|
Gold
|
So Accurate Group, Inc.
|
United States
|
|
Gold
|
SOE Shyolkovsky Factory of Secondary Precious Metals
|
Russia
|
|
Tin
|
Soft Metais Ltda.
|
Brazil
|
|
Gold
|
Solar Applied Materials Technology Corp.
|
Taiwan
|
|
Tin
|
Solikamsk Magnesium Works OAO
|
Russia
|
|
Tungsten
|
South-East Nonferrous Metal Company Limited of Hengyang City
|
China
|
|
Gold
|
Sudan Gold Refinery
|
Sudan
|
|
Gold
|
Sumitomo Metal Mining Co., Ltd.
|
Japan
|
|
Gold
|
Super Dragon Technology Co., Ltd.
|
Taiwan
|
|
Gold
|
T.C.A S.p.A
|
Italy
|
|
Tungsten
|
TaeguTec Ltd.
|
South Korea
|
|
Tantalum
|
Taki Chemicals
|
Japan
|
|
Tungsten
|
Tamano Smelter, Hibi Kyodo Smelting Co., Ltd
|
Japan
|
|
Gold
|
Tanaka Kikinzoku Kogyo K.K.
|
Japan
|
|
Tin
|
Technic Inc.
|
United States
|
|
Tungsten
|
Tejing (Vietnam) Tungsten Co., Ltd.
|
Vietnam
|
|
Tantalum
|
Telex Metals
|
United States
|
|
Tin
|
Thaisarco
|
Thailand
|
|
Gold
|
The Great Wall Gold and Silver Refinery of China
|
China
|
|
Gold
|
The Refinery of Shandong Gold Mining Co., Ltd.
|
China
|
|
Gold
|
Tokuriki Honten Co., Ltd.
|
Japan
|
|
Gold
|
TongLing Nonferrous Metals Group Holdings Co., Ltd.
|
China
|
|
Gold
|
Tony Goetz NV
|
Belgium
|
|
Gold
|
Torecom
|
South Korea
|
|
Tantalum
|
Tranzact, Inc.
|
United States
|
|
Tantalum
|
Treibacher Industrie AG
|
Austria
|
|
Tin
|
Tuyen Quang Non-Ferrous Metals Joint Stock Company
|
Vietnam
|
|
Tantalum
|
Ulba Metallurgical Plant JSC
|
Kazakhstan
|
|
Gold
|
Umicore Brasil Ltda.
|
Brazil
|
|
Gold
|
Umicore Precious Metals Thailand
|
Thailand
|
|
Gold
|
Umicore SA Business Unit Precious Metals Refining
|
Belgium
|
|
Gold
|
United Precious Metal Refining, Inc.
|
United States
|
|
Gold
|
Valcambi SA
|
Switzerland
|
|
Tin
|
Vale Inco, Ltd.
|
Canada
|
|
Tungsten
|
Vietnam Youngsun Tungsten Industry Co., Ltd.
|
Vietnam
|
|
Tungsten
|
Voss Metals Company, Inc.
|
United States
|
|
Tin
|
VQB Mineral and Trading Group JSC
|
Vietnam
|
|
Gold
|
Western Australian Mint trading as The Perth Mint
|
Australia
|
|
Tin
|
White Solder Metalurgia e Mineração Ltda.
|
Brazil
|
|
Gold
|
WIELAND Edelmetalle GmbH
|
Germany
|
|
Tungsten
|
Wolfram Bergbau und Hütten AG
|
Austria
|
|
Tungsten
|
Woltech Korea Co., Ltd.
|
South Korea
|
|
Tungsten
|
Xiamen Honglu Tungsten Molybdenum Industry Co.Ltd
|
China
|
|
Tungsten
|
Xiamen Tungsten (H.C.) Co., Ltd.
|
China
|
|
Tungsten
|
Xiamen Tungsten Co., Ltd.
|
China
|
|
Tin
|
Xianghualing Tin Co., Ltd.
|
China
|
|
Tungsten
|
Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.
|
China
|
|
Tungsten
|
Xinhai Rendan Shaoguan Tungsten Co., Ltd.
|
China
|
|
Tantalum
|
XinXing Haorong Electronic Material Co., Ltd.
|
China
|
|
Gold
|
Yamamoto Precious Metal Co., Ltd.
|
Japan
|
|
Gold
|
Yantai Guodasafina High-tech Environmental Refinery CO., Ltd.
|
China
|
|
Tantalum
|
Yichun Jin Yang Rare Metal Co., Ltd.
|
China
|
|
Gold
|
Yokohama Metal Co., Ltd.
|
Japan
|
|
Tin
|
Yunnan Chengfeng Non-ferrous Metals Co.,Ltd.
|
China
|
|
Gold
|
Yunnan Copper Industry Co Ltd
|
China
|
|
Tin
|
Yunnan Tin Group (Holding) Company Limited
|
China
|
|
Tungsten
|
Zhangyuan Tungsten Co.,Ltd
|
China
|
|
Gold
|
Zhongyuan Gold Smelter of Zhongjin Gold Corporation
|
China
|
|
Tungsten
|
Zhuzhou Cemented Carbide
|
China
|
|
Tungsten
|
Zigong Cemented Carbide Co., Ltd.
|
China
|
|
Gold
|
Zijin Mining Group Co., Ltd. Gold Refinery
|
China
|