CMRT revision Archives | æŪæŪ“«Ć½ The design Experts Tue, 13 Feb 2024 07:42:52 +0000 en-US hourly 1 CMRT v4.10 with Updated Smelter List /blog/cmrt-v4-10-updated-smelter-list/ Mon, 23 May 2016 14:50:05 +0000 https://enventure.com/?p=5217 The latest template by the CFSI CMRT, version 4.10 has been released on April 29th, 2016 that advises companies to start using version 4.10 over

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]]> CMRTThe latest template by the CFSI CMRT, version 4.10 has been released on April 29th, 2016 that advises companies to start using version 4.10 over the next few months.The template is critical for companies who use conflict minerals like gold, tantalum, tin and tungsten to meet the regulations of the CFSI and to report their customer source to the smelter origin.

CFSI has the CMRT v4.10 and updated standard smelter list available on the CFSI website, that can be used by the manufacturers who need to consider the changes for the 2016 reporting.

 

The revision number change implies that major revisions have been made to the older template. Noted errors and bugs from CMRT v4.01b have been corrected, additions and improvements have been made and published as CMRT v4.10 for the current reporting year, 2016.

The v4.01b underwent the following changes in the v4.10.

  • Not conflicting changes with IPC-1755:Additions and clarifications in the instructions and definitions
  • Updates & corrections on Standard Smelter List and Smelter Reference List as of March 23, 2016 have been made along with ASCII character set alignment.
  • Re-introduced ā€œsmelter not yet identifiedā€ in Smelter List Tab.
  • Introduced ā€œSmelter Identification Number Input Columnā€ in Smelter List Tab which triggers to auto-populate the smelter details from column B to J.
  • Translation of CMRT to Turkish language has been introduced.
  • Rectification of all the errors and bugs that were in v4.01
  • Removal of the below listed smelters in v4.10.
 
Metal Smelter Name Smelter ID
Gold Aktyubinsk Copper Company TOO CID000028
Gold Bauer Walser AG CID000141
Gold Metahub Industries Sdn. Bhd. CID002821
Gold OJSC Kolyma Refinery CID001328
Tantalum Avon Specialty Metals Ltd CID002705
Tantalum Guizhou Zhenhua Xinyun Technology Ltd., Kaili branch CID002501
Tin Metahub Industries Sdn. Bhd. CID001136
  • Added the below listed smelters in ā€œSmelter Reference Listā€ tab.
Metal Smelter Name Smelter ID
Gold AU Traders and Refiners CID002850
Gold AURA-II CID002851
Gold Bangalore Refinery CID002863
Gold Gujarat Gold Centre CID002852
Gold Kyshtym Copper-Electrolytic Plant ZAO CID002865
Gold Modeltech Sdn Bhd CID002857
Gold Remondis Argentia B.V. CID002582
Gold SAFINA A.S. CID002290
Gold Sai Refinery CID002853
Gold TOO Tau-Ken-Altyn CID002615
Gold Universal Precious Metals Refining Zambia CID002854
Tantalum Power Resources Ltd. CID002847
Tin Gejiu Jinye Mineral Company CID002859
Tin Modeltech Sdn Bhd CID002858
Tin PT O.M. Indonesia CID002757
 

Smelters that have been removed are the ones that failed to provide the evidence that meets the company definition of a smelter or refiner to CFSI or these may be no longer in operation as a smelter/refiner. Removal of smelters will impact the industries that have declared these smelters as valid smelters in their supply chain and they will need to go-back & revisit the smelters to declare the CMRT as per the revised version.

Smelters that have been added newly to the list have met CFSI requirement and have got certified. Few of the smelter names are corrected due to typographical error or to reflect as a legal entity.

Word of Caution: Companies under the purview of change, need to adopt the new and revised template provided by the CMRT for 2016 filing.

CMRT v4.10 with updated Smelter List

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]]> CMRT 4.01a Released, with modified Smelter Reference List to remove errors! /blog/cmrt-4-01-released-with-modified-tabs-to-remove-errors/ Wed, 03 Jun 2015 11:15:26 +0000 https://enventure.com/?p=3087 Further to our earlier piece on CMRT v4.0 (Refer the 2nd half of this article), we now share with you the changes made on CMRT

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]]> Further to our earlier piece on CMRT v4.0 (Refer the 2nd half of this article), we now share with you the changes made on CMRT v4.01a. With ongoing feedback and several inputs from the suppliers and manufacturers, CFSI has now come up with CMRT v4.01a as on August 6, 2015, which supersedes all the older versions. The CMRT v4.01a underwent the following changes in the ā€œSmelter Reference Listā€ tab. These changes were made for accurate smelter identification.
  • The gold smelter ā€˜Elemetal Refining LLCā€™sā€™ smelter Id has been rectified from CID001323 to CID001322.
  • Blank spaces have been removed from 4 standard smelter names.
  • The tin smelter ā€˜PT Supra Sukses Trinusaā€™ has been removed as it does not meet the CFSI definition of a smelter or refiner.
  • The gold smelters, ā€˜CCR Refinery ā€“ Glencore Canada Corporationā€™ and ā€˜OJSC ā€˜The Gulidov Krasnoyarsk Non-Ferrous Metals Plant (OJSC Krastvetmet)ā€™ have been modified for typographical error.
The CFSI (Conflict-Free Sourcing Initiative) released the previousĢżrevision of the Conflict minerals reporting template (CMRT) on June 12, 2015. The CMRT v4.01 superseded the v4.0 which was released on April 30, 2015.
Also Read Conflict Minerals Compliance: FREQUENTLY ASKED QUESTIONS
Basis the latest update CFSI now recommends CMRT v4.01a for collecting 2015ā€™s supply chain data due to errors in CMRT v4.01. The CMRT v4.01a should be used for next SEC filing due May 31, 2016. ĢżCMRT v4.01 versus CMRT v 4.0
  • Declaration tab: The cell ā€œI3ā€ on CMRT v4.0 top right corner, shows an alert for more information even when all the necessary details are provided.
  • Smelter list tab: On selection of last two options (ā€œSmelter not listedā€ or ā€œZhangyuan Tungsten Co Ltdā€) from the smelter reference list available for Tungsten, the cell erroneously turns red.
  • Checker tab: The last 3 rows (ā€œSmelter list- Tinā€, ā€œSmelter list- Goldā€, ā€œSmelter list- Tungstenā€) turn green only when the smelter list is provided for Tantalum in the Smelter list tab.
ĢżCMRT v4.0 versus CMRT v 3.02 The CFSI (Conflict-Free Sourcing Initiative) released the latest revision of the conflict minerals reporting template (CMRT) as of April 30, 2015. The CMRT v4.0 acts as a leading multi-industry tool which helps the manufacturers/suppliers to gather information through the supply chain regarding minerals used in their products, country of origin of the minerals, smelters and refiners used. The newer version of CMRT has been built such that it works across multiple softwares and operating systems. The tool has a simplistic structure to enable cross platform interactions. The CMRT 3.0, 3.01 and 3.02 versions are recommended for the collection of 2014ā€™s supply chain data and the standard smelter list of the CMRT v3.02 version needs to be considered to file under SEC in 2015.The CMRT v3.02 underwent major changes for the new release of the CMRT v4.0. To improve the accuracy of usersā€™ disclosure, CMRT v4.0 keeps the users updated with the recent changes in the IPC standard and smelter list. Along with the updated smelter list it also shows numerous translation changes. The changes that were observed in declaration and standard smelter names tab are discussed below: Declaration tab: The Company Information section remains unchanged on the tab but for the other sections like Sourcing and Policy Information slight modifications have been made on question 1-7 and A-J respectively. These changes are focused on the data collection of 3TG used instead of the broader category of conflict minerals. Standard Smelter Names tab renamed as ā€˜Smelter Reference Listā€™: The renamed tab has been updated with commonly used alternate smelter names. For the selected metal and smelter name from the drop down, the Smelter City and the Smelter Facility Location loads automatically. This information would be helpful to have unique smelter data that will reduce ambiguity for the smelters that earlier had a multi-level facility reporting. The standard smelter list of CMRT v3.02 contains 279 smelters out of which 274 are unique while the updated standard smelter list contains 290 unique smelters. From the CMRT v3.02, 33 smelters were removed. Based on the CFSIā€™s revision on CMRT v3.02, we have listed the changes observed from the CMRT v4.0. Out of 290 unique smelters, 88 smelters were modified for the following reasons
  • 56 smelters for Typographical Error
  • 2 smelters for Location Correction
  • 1 smelter for Metal Correction
  • 29 smelters for Name Correction
The updated CMRT and standard smelter list is available on the CFSI website. The manufacturers need to consider these for the 2015 reporting. Conclusion The changes have been made to standardize the compliance for conflict minerals in the market. Consequent to which the manufacturers can source clear and precise data pertaining to 3TG. An important thing to note is that even with the revision, CMRT continues to have smelters mentioned in the standard smelter list who are undergoing due diligence. The standard smelter list will be updated by the CFSI regularly to help companies achieve their conflict minerals compliance. These updates are not only important for compliance but also for the better understanding of the smelters and integrating data on a uniform platform.

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]]> How to effectively run your Reasonable Country of Origin Inquiry? /blog/how-to-effectively-run-your-reasonable-country-of-origin-inquiry/ Fri, 12 Dec 2014 07:38:51 +0000 https://enventure.com/?p=2562 Reasonable Country of Origin Inquiry (RCOI) is the important step in identifying the origin of conflict minerals in your supply chain. Most affected companies by

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]]> Reasonable Country of Origin Inquiry (RCOI) is the important step in identifying the origin of conflict minerals in your supply chain. Most affected companies by this regulation have done the step at different scale of effectiveness during the 2013 reporting year.

We observed that most companies were not able to identify the mineral sources due to complexity of their supply chain and the lack of awareness in the tier-1 and tier-2 supplier base. ECCI and GeSIā€™s CMRT forms were available for standardizing the process across the industry, but some companies used their own RCOI forms which resulted in confusion that hampered the effectiveness of the process.

The major challenges observed in executing the RCOI effectively were as follows:

  • Limited time availability to approach several hundreds of suppliers to collect information
  • Limited knowledge about the regulation, across the Supply Chain
  • Language barriers, time zone differences and limitations of resources availability to handle this task internally
  • Prolonged delay in starting the compliance program
  • Low motivation levels of suppliers to provide the required information
  • Validating the data received from the suppliers and resolving red flags
  • Consolidating hundreds of CMRT files received to prepare a final report
  • Updating RCOI information each year and managing new supplier additions

As we know, completing RCOI effectively is the basis of the Form SD filing. RCOI is one of the major step in the due diligence process and running it effectively is essential for gaining knowledge about your supply base and identifying the risk associated with it.

The following steps will help you ensure control over the process.

  • Classify your suppliers as per volume based approach or spend based approach
  • Try to do a risk based classification of your suppliers
  • Build your priority in the supplier base
  • Communicate your conflict mineral sourcing policy to all your suppliers
  • Provide training and support for your suppliers on conducting their conflict mineral research
  • Adopt EICC- GeSIā€™s CMRT as your RCOI template and Join Conflict Free Sourcing Initiative
  • Decide if tool base or manual mode for the process is suitable based on the supplier nos. and complexity
  • Reach out to your suppliers using email and phone and ask them for conducting their own RCOI using the same template
  • Give them support to implement the RCOI and follow up at regular intervals
  • Collect the and engage with suppliers who did not respond or did not disclose smelters
  • Review the disclosures and check for red flags and resolve
  • Consolidate the report using MRPRO or your adopted conflict mineral tool

The RCOI process is a major step in your due diligence process. The above steps will give you a broader perspective as to how to handle your RCOI using the supply chain tracing process with Conflict Free Smelter Program as the foundation of your analysis. Keep an eye on the smelters which are approved and those are active in each metal category to ensure that you are identifying the riskier ones in your supply chain.

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