iTSCi

In 2014, Burundi became the third country in the Africa Great Lakes Region to implement the mineral traceability program known as ITSCI, the International Tin Association’s tin supply chain initiative. Pact leads field implementation for ITSCI, the region’s only internationally accepted, operational due diligence mechanism and mineral traceability system for the 3T minerals: tungsten, tin and tantalum. The system monitors minerals from the point of extraction at mines sites to smelters, where minerals are processed for use in electronics and other everyday devices. The system allows tens of thousands of miners to earn a dignified living and build a better future for themselves and their families.

Policy Conformity

Over the years, the supply of minerals, such as Tantalum, from Africa has been covered up by mass media, making most people are unaware that the sector is very controlled by local and international bodies.

In spite of this situation, our company’s policy and ethics have always been based on the following:

“Whatever is my right as a man is also the right of another; and it becomes my duty to guarantee as well as to possess.”

― Thomas Paine, Rights of Man

Section 1502 of the US law known as the “Dodd-Frank Act” includes a requirement that companies using gold, tin, tungsten and tantalum must make efforts to determine if those materials came from the Democratic Republic of Congo (DRC) or an adjoining country and, if so, to carry out a “due diligence” review of their supply chain to determine whether their mineral purchases are funding armed groups in Eastern DRC. The US Securities and Exchange Commission (SEC) issued the final rule implementing Section 1502 in August 2012. The rule requires companies to publicly report on their due diligence and to have their reports independently audited. The initial reporting period started in January 2013.

THE COMPANY’S ETHICAL PRINCIPLES