UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM SD
Specialized Disclosure Report
LORDSTOWN MOTORS CORP.
(Exact name of registrant as specified in its charter)
| Delaware | 001-38821 | 82-2533239 |
| (State
or Other Jurisdiction of Incorporation) |
(Commission File Number) | (IRS
Employer Identification No.) |
2300 Hallock Young Road
Lordstown, Ohio 44481
(Full mailing address of executive offices)
| Melissa Leonard | (216) 548-3549 |
| (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 the form is being filed, and provide the period to which this form is being filed:
x Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2022.
¨ Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2022
Section 1 - Conflict Minerals Disclosure
Item 1.01 Conflict Minerals Disclosure and Report
This Specialized Disclosure Form (“Form SD”) of Lordstown Motors Corp. (“LMC” or the “Company”) is filed pursuant to Rule 13p-1 (the “Rule”) of the Securities Exchange Act of 1934, as amended. The Rule requires disclosure of certain information when a company manufactures or contracts to manufacture products where the minerals specified in the Rule are necessary to the functionality or production of those products. Additional information is required where the Company has reason to believe that the minerals originated in the Democratic Republic of the Congo (“DRC”) and certain adjoining countries (collectively, the “Covered Countries”). The specified minerals are gold, columbite-tantalite (coltan), cassiterite, and wolframite, including their derivatives, which are limited to tantalum, tin and tungsten (collectively, the “Conflict Minerals”).
In accordance with the Rule, the Company evaluated its product and determined that during calendar year 2022 the product it contracted to manufacture may contain tin, tungsten, tantalum and/or gold (“3TG”). As required by the Rule, the Company conducted a good faith reasonable country of origin inquiry regarding the Conflict Minerals by retaining Assent Inc., a third-party service provider, to assist the Company in obtaining and reviewing information related to its supply chain, including responses to a questionnaire adapted from the Electronic Industry Citizenship Coalition and Global e-Sustainability Initiative (“EICC/GeSI”) Conflict Minerals Reporting Template from all the direct suppliers of products that may contain Conflict Minerals. The EICC/GeSI Template is designed to confirm the use of Conflict Minerals in the covered products, to identify the source of the Conflict Minerals, and to determine whether any of the Conflict Minerals originated in the Covered Countries, or from recycled or scrap sources.
Conflict Minerals Disclosure
The Company’s Conflict Minerals Report is filed as an exhibit herewith and is available on the Company’s website at www.lordstownmotorscorp.com under the Governance section.
Item 1.02 Exhibit
Conflict Minerals Report required by Item 1.01 is filed as an exhibit to this Form SD.
Section 3 - Exhibits
Item 3.01 Exhibits
Exhibit 1.01 - Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form.
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.
| Lordstown Motors Corp. | |
| (Registrant) |
| /s/ Melissa Leonard | May 31, 2023 | |
| Melissa Leonard | (Date) | |
| Executive Vice President, Secretary and General Counsel |
EXHIBIT 1.01
CONFLICT MINERALS REPORT
This report has not been subject to an independent private sector audit.
(1) Company Overview
Lordstown Motors Corp. (“LMC” or the “Company”) is an original equipment manufacturer (“OEM”) of electric light duty vehicles focused on the commercial fleet market. Since inception, the Company has been developing its flagship vehicle, the Endurance, an electric full-size pickup truck.
The Company through Lordstown EV Corporation, a Delaware corporation and wholly-owned subsidiary of the Company (“Lordstown EV”), entered into a manufacturing supply agreement (the “Contract Manufacturing Agreement”) dated May 11, 2022 with Foxconn EV Technology, Inc., an Ohio corporation and an affiliate of Hon Hai Technology Group (“Foxconn”), pursuant to which Foxconn (i) manufactures the Endurance at Foxconn’s Lordstown, Ohio facility for a fee per vehicle, (ii) following a transition period, agreed to procure components for the manufacture and assembly of the Endurance, subject to sourcing specifications provided by Lordstown EV, and (iii) provides certain post-delivery services.
(2) Conflict minerals and Covered Countries
“Conflict Minerals” or “3TG” are gold, columbite-tantalite (coltan), cassiterite, wolframite or their derivatives, which are limited to tantalum, tin, and tungsten. “Covered Countries” are the Democratic Republic of the Congo (DRC) and certain adjoining countries.
(3) Reasonable Country of Origin Inquiry (“RCOI”) and nationally or internationally recognized due diligence framework
LMC does not purchase raw ore or unrefined Conflict Minerals directly from mines, smelters or refiners and makes no direct purchases of any minerals in the Covered Countries. The Company’s supply chain with respect to the products that use Conflict Minerals is complex, with intermediaries and third parties in the supply chain between the manufacture of products and the original sources of Conflict Minerals.
To determine whether necessary 3TGs in products originated in Conflict-Affected and High-Risk Areas, LMC retained Assent Inc. (“Assent”), a third-party service provider, to assist in obtaining and reviewing information related to its supply chain and identifying risks. The Company provided a list composed of suppliers and parts associated with the in-scope products to Assent for upload to the Assent Compliance Manager, a software-as-a-service (SaaS) platform provided by Assent that enables users to complete and track supplier communications and allows suppliers to upload completed questionnaires directly to the platform for validation, assessment and management. The Assent Compliance Manager also provides functionality that meets the Organization for Economic Co-operation and Development (“OECD”) Guidance process expectations by evaluating the quality of each supplier response and assigning a health score based on the supplier’s declaration of process engagement. Additionally, the metrics provided in the report, as well as the step-by-step process for supplier engagement and upstream due diligence investigations, are managed through this platform.
LMC utilized the Conflict Minerals Reporting Template (“CMRT”) Version 6.22, published by the Electronic Industry Citizenship Coalition and Global e-Sustainability Initiative (“EICC/GeSI”) Conflict Free Sourcing Initiative (“CFSI”), to conduct a survey of all in-scope suppliers to trace materials.
(4) Due Diligence
The Company requested that all suppliers complete a CMRT through the Assent Compliance Manager. Assent monitored and tracked all communications in the Assent Compliance Manager. CMRT maintains a list of smelters that have received a conflict free designation from the CFSI. All smelter information provided by the vendors is compared against the list maintained by CMRT.
(5) Results of Due Diligence
As of May 18, 2023, there were 201 suppliers in scope of the conflict minerals program and 173 provided a completed CMRT. LMC’s total response rate for this reporting year was 86.07%
Some of the challenges that the Company encountered when obtaining responses were as follows:
| · | The Company is dependent on information received from its direct suppliers to conduct its good faith RCOI process. |
| · | The Company has a varied supplier base with differing levels of resources and sophistication, and many of the suppliers are not subject to Rule 13p-1 of the Exchange Act. |
| · | The Company’s ability to influence cooperation from some of the suppliers was limited since the Company has a limited number of supplier choices in the industry in which it operates. |
(6) Steps to be taken to mitigate risk
During 2023, the Company intends to continue improving the number and quality of supplier responses and to mitigate the risks of the necessary 3TG used in the Company’s product in accordance with the level of vehicle production for the year. This is expected to include:
| · | Using the EICC/GeSI CMRT as part of the supplier inquiry process for 2023. |
| · | Engaging with suppliers regarding responsible sourcing of 3TGs. |
| · | Encouraging suppliers to have due diligence procedures in place for their supply chains to improve the content of the responses from such suppliers. |
Forward-Looking Statements
This report includes forward looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as “feel,” “believes,” expects,” “estimates,” “projects,” “intends,” “should,” “is to be,” or the negative of such terms, or other comparable terminology. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein due to many factors. With respect to the matters addressed in this report, those factors include, but are not limited to: our ability to continue as a going concern, which requires us to manage costs and obtain significant additional funding; our ability to resolve our dispute with Foxconn regarding the matters asserted in the Foxconn notices and to obtain the proceeds we expected under the Investment Agreement; our ability to timely obtain necessary funding to continue our operations; our ability to continue production of the Endurance; the impact of the uncertainty with respect to our relationship with Foxconn and our prospects for additional funding on our supplier arrangements and on our employees; and risks related to the substantial costs and diversion of personnel’s attention and resources due to these matters.
Other factors that may impact our results and prospects include, but are not limited to:
| · | the cost and other impacts of contingent liabilities, such as current and future litigation, claims, regulatory proceedings, investigations, complaints, product liability claims and stockholder demand letters, and availability of insurance coverage and/or adverse publicity with respect to these matters, which may have a material adverse effect, whether or not successful or valid, on our liquidity position, market price of our stock, cash projections, business prospects and ability and timeframe to obtain financing; |
| · | our ability to effectively implement and realize the benefits from our transactions and agreements with Foxconn, if pending disputes are resolved, which depend on many variables that include establishment of the EV program budget and EV program milestones and satisfaction of such milestones and other conditions required to be met at the time of funding, and our ability to utilize the designs, engineering data and other foundational work of Foxconn, its affiliates, and other members of the Mobility-in-Harmony (MIH) consortium as well as other parties, and that all such parties adhere to timelines to develop, commercialize, industrialize, homologate and certify a vehicle in North America, along with variables that are out of the parties’ control, such as technology, innovation, adequate funding, supply chain and other economic conditions, competitors, customer demand and other factors; |
| · | our ability to successfully address known and unknown performance, quality, supply chain and other launch-related issues, some of which are or may be material or may require additional recalls or retrofits of the Endurance, and continue commercial production and sales of the Endurance; |
| · | the risk that additional elements of our technology, including our hub motors, do not perform as expected in the near or longer-term; |
| · | our ability to maintain appropriate supplier relationships, including for our critical components, and the risks with respect to the terms of such arrangements due to our limited production volumes and any minimum quantity requirements, and our ability to establish our supply chain to support new vehicle programs; |
| · | our ability to facilitate cost-effective production of the Endurance, which requires a strategic partner and significant additional capital, including to invest in the tooling to lower the bill of materials (“BOM”) cost, continue design enhancements and enable scaled production; |
| · | the impact of our stock trading below Nasdaq’s minimum bid price requirement and the impact on our stock price of the reverse stock split effected on May 24, 2023; |
| · | our ability to execute our business plan, strategic alliances and other opportunities, including development and market acceptance of our planned products; |
| · | risks related to our limited operating history, the execution of our business plan and the timing of expected business milestones, including the ability to effectively utilize existing tooling, a substantial portion of which is soft tooling not intended for long term production; |
| · | our ongoing ability to secure and receive vehicle components from our supply chain in sufficient quantities to meet production volume plans and of acceptable quality to meet vehicle requirements; |
| · | the availability and cost of raw materials and components, particularly in light of current supply chain disruptions and labor concerns, inflation, and the consequences of any shortages on our ability to produce saleable vehicles; |
| · | our ability to successfully identify and implement actions to significantly lower the Endurance BOM cost, including identifying a strategic partner to scale the Endurance; |
| · | our ability to obtain binding purchase orders and build customer relationships, and the impact of the uncertainty regarding our relationship with Foxconn has on our ability to obtain binding purchase orders; |
| · | our ability to deliver on the expectations of customers with respect to the pricing, performance, quality, reliability, safety and efficiency of the Endurance and to provide the levels of after sale service, support and warranty coverage that they will require, and the impact of performance issues, production pauses and delays and recalls on consumer confidence and interest in our vehicles; |
| · | our ability to conduct business using a direct sales model, rather than through a dealer network used by most other original equipment manufacturers; |
| · | the effects of competition on our ability to market and sell vehicles; |
| · | our ability to attract and retain key personnel and hire additional personnel particularly in light of the uncertainty regarding our Foxconn relationship; |
| · | the pace and depth of electric vehicle adoption generally; |
| · | our expectations regarding our ability to obtain and maintain intellectual property protection and not infringe on the rights of others; |
| · | our ability to obtain required regulatory approvals and comply with changes in laws, regulatory requirements, interpretations of existing laws and governmental incentives; |
| · | the impact of health epidemics, including the COVID-19 pandemic, on our business, the other risks we face and the actions we may take in response thereto; |
| · | cybersecurity threats and breaches and compliance with privacy and data protection laws; |
| · | failure to timely implement and maintain adequate financial, information technology and management processes and controls and procedures; and |
| · | the possibility that we may be adversely affected by other economic, geopolitical, business and/or competitive factors, including rising interest rates, fuel and energy prices and the direct and indirect effects of the war in Ukraine. |
As a result of these uncertainties, there is substantial doubt regarding our ability to continue as a going concern. Our ability to obtain additional financing is extremely limited under current market conditions, in particular for our industry, and also influenced by other factors including the significant amount of capital required, the Foxconn dispute, the fact that the BOM cost of the Endurance is currently, and expected to continue to be, substantially higher than our selling price, uncertainty surrounding the performance of any vehicle produced by us, meaningful exposure to material losses and costs related to ongoing litigation and the SEC investigation, the reverse stock split, the market price of our stock and potential dilution from the issuance of any additional securities. If we are unable to resolve our dispute with Foxconn in a timely manner on terms that allow us to continue operating as planned, identify other sources of substantial funding, identify a strategic partner and resolve our significant contingent liabilities, we may need to further curtail or cease operations and seek protection by filing a voluntary petition for relief under the United States Bankruptcy Code. If this were to occur, the value available to our various stakeholders, including our creditors and stockholders, is uncertain and trading prices for our securities may bear little or no relationship to the actual recovery, if any, by holders of our securities in bankruptcy proceedings, if any.
Additional information on potential factors that could affect the Company and its forward-looking statements is included in the Company’s Form 10-K, Form 10-Q and subsequent filings with the SEC. All forward-looking statements are qualified in their entirety by this cautionary statement. Any forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this report.
(7) Smelter List
Includes: Minerals, Smelter/Refinery Name, and Smelter Identification Number.
| 3TG Metal | Smelter Name | Smelter ID |
| Tin | EM Vinto | CID000438 |
| Tin | Fenix Metals | CID000468 |
| Tin | China Tin Group Co., Ltd. | CID001070 |
| Tin | Malaysia Smelting Corporation (MSC) | CID001105 |
| Tin | Mineracao Taboca S.A. | CID001173 |
| Tin | Minsur | CID001182 |
| Tin | Operaciones Metalurgicas S.A. | CID001337 |
| Tin | PT Babel Surya Alam Lestari | CID001406 |
| Tin | PT Mitra Stania Prima | CID001453 |
| Tin | PT Refined Bangka Tin | CID001460 |
| Tin | PT Stanindo Inti Perkasa | CID001468 |
| Tin | PT Timah Tbk Kundur | CID001477 |
| Tin | PT Timah Tbk Mentok | CID001482 |
| Tin | PT Tinindo Inter Nusa | CID001490 |
| Tin | Thaisarco | CID001898 |
| Tin | White Solder Metalurgia e Mineracao Ltda. | CID002036 |
| Tin | CV Venus Inti Perkasa | CID002455 |
| Tin | Aurubis Beerse | CID002773 |
| Tin | PT Menara Cipta Mulia | CID002835 |
| Tin | PT Bangka Serumpun | CID003205 |
| Tin | Luna Smelter, Ltd. | CID003387 |
| Tin | PT Mitra Sukses Globalindo | CID003449 |
| Tungsten | A.L.M.T. Corp. | CID000004 |
| Tungsten | Kennametal Huntsville | CID000105 |
| Tungsten | Guangdong Xianglu Tungsten Co., Ltd. | CID000218 |
| Tin | Chenzhou Yunxiang Mining and Metallurgy Co., Ltd. | CID000228 |
| Tungsten | Chongyi Zhangyuan Tungsten Co., Ltd. | CID000258 |
| Tungsten | CNMC (Guangxi) PGMA Co., Ltd. | CID000281 |
| Tin | Alpha | CID000292 |
| Tin | PT Aries Kencana Sejahtera | CID000309 |
| Tin | Dowa | CID000402 |
| Tin | Estanho de Rondonia S.A. | CID000448 |
| Tantalum | F&X Electro-Materials Ltd. | CID000460 |
| Tin | Gejiu Non-Ferrous Metal Processing Co., Ltd. | CID000538 |
| Tin | Gejiu Zili Mining And Metallurgy Co., Ltd. | CID000555 |
| Tungsten | Global Tungsten & Powders LLC | CID000568 |
| Tantalum | XIMEI RESOURCES (GUANGDONG) LIMITED | CID000616 |
| Gold | Hangzhou Fuchunjiang Smelting Co., Ltd. | CID000671 |
| Tungsten | Hunan Chenzhou Mining Co., Ltd. | CID000766 |
| Gold | Hunan Chenzhou Mining Co., Ltd. | CID000767 |
| Tungsten | Hunan Jintai New Material Co., Ltd. | CID000769 |
| Tungsten | Japan New Metals Co., Ltd. | CID000825 |
| Gold | Jiangxi Copper Co., Ltd. | CID000855 |
| Tungsten | Ganzhou Huaxing Tungsten Products Co., Ltd. | CID000875 |
| Tantalum | JiuJiang JinXin Nonferrous Metals Co., Ltd. | CID000914 |
| Tantalum | Jiujiang Tanbre Co., Ltd. | CID000917 |
| Tin | Gejiu Kai Meng Industry and Trade LLC | CID000942 |
| Tungsten | Kennametal Fallon | CID000966 |
| Tantalum | AMG Brasil | CID001076 |
| Tin | Metallic Resources, Inc. | CID001142 |
| Gold | Metalor Technologies (Suzhou) Ltd. | CID001147 |
| Gold | Metalor Technologies (Singapore) Pte., Ltd. | CID001152 |
| Gold | Metalor Technologies S.A. | CID001153 |
| Gold | Metalor USA Refining Corporation | CID001157 |
| Tantalum | Metallurgical Products India Pvt., Ltd. | CID001163 |
| Tantalum | Mineracao Taboca S.A. | CID001175 |
| Tin | Mitsubishi Materials Corporation | CID001191 |
| Tantalum | Mitsui Mining and Smelting Co., Ltd. | CID001192 |
| Tantalum | NPM Silmet AS | CID001200 |
| Tin | Jiangxi New Nanshan Technology Ltd. | CID001231 |
| Tantalum | Ningxia Orient Tantalum Industry Co., Ltd. | CID001277 |
| Tin | O.M. Manufacturing (Thailand) Co., Ltd. | CID001314 |
| Tin | PT Artha Cipta Langgeng | CID001399 |
| Tin | PT Babel Inti Perkasa | CID001402 |
| Tin | PT Belitung Industri Sejahtera | CID001421 |
| Tin | PT Bukit Timah | CID001428 |
| Tin | PT Panca Mega Persada | CID001457 |
| Tin | PT Prima Timah Utama | CID001458 |
| Tin | PT Sariwiguna Binasentosa | CID001463 |
| Tin | PT Tommy Utama | CID001493 |
| Tantalum | QuantumClean | CID001508 |
| Tantalum | Yanling Jincheng Tantalum & Niobium Co., Ltd. | CID001522 |
| Tin | Rui Da Hung | CID001539 |
| Gold | Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | CID001622 |
| Tantalum | Solikamsk Magnesium Works OAO | CID001769 |
| Tantalum | Taki Chemical Co., Ltd. | CID001869 |
| Tantalum | Telex Metals | CID001891 |
| Tin | Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. | CID001908 |
| Gold | Shandong Gold Smelting Co., Ltd. | CID001916 |
| Tantalum | Ulba Metallurgical Plant JSC | CID001969 |
| Tungsten | Wolfram Bergbau und Hutten AG | CID002044 |
| Tungsten | Xiamen Tungsten Co., Ltd. | CID002082 |
| Tin | Yunnan Chengfeng Non-ferrous Metals Co., Ltd. | CID002158 |
| Tin | Tin Smelting Branch of Yunnan Tin Co., Ltd. | CID002180 |
| Gold | Zhongyuan Gold Smelter of Zhongjin Gold Corporation | CID002224 |
| Tungsten | Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd. | CID002313 |
| Tungsten | Ganzhou Jiangwu Ferrotungsten Co., Ltd. | CID002315 |
| Tungsten | Jiangxi Yaosheng Tungsten Co., Ltd. | CID002316 |
| Tungsten | Jiangxi Xinsheng Tungsten Industry Co., Ltd. | CID002317 |
| Tungsten | Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. | CID002318 |
| Tungsten | Malipo Haiyu Tungsten Co., Ltd. | CID002319 |
| Tungsten | Xiamen Tungsten (H.C.) Co., Ltd. | CID002320 |
| Tungsten | Jiangxi Gan Bei Tungsten Co., Ltd. | CID002321 |
| Tin | Magnu's Minerais Metais e Ligas Ltda. | CID002468 |
| Tantalum | Hengyang King Xing Lifeng New Materials Co., Ltd. | CID002492 |
| Tungsten | Ganzhou Seadragon W & Mo Co., Ltd. | CID002494 |
| Tin | Melt Metais e Ligas S.A. | CID002500 |
| Tungsten | Asia Tungsten Products Vietnam Ltd. | CID002502 |
| Tin | PT ATD Makmur Mandiri Jaya | CID002503 |
| Tantalum | D Block Metals, LLC | CID002504 |
| Tantalum | FIR Metals & Resource Ltd. | CID002505 |
| Tantalum | Jiujiang Zhongao Tantalum & Niobium Co., Ltd. | CID002506 |
| Tantalum | XinXing HaoRong Electronic Material Co., Ltd. | CID002508 |
| Tantalum | Jiangxi Dinghai Tantalum & Niobium Co., Ltd. | CID002512 |
| Tungsten | Hunan Shizhuyuan Nonferrous Metals Co., Ltd. Chenzhou Tungsten Products Branch | CID002513 |
| Tin | O.M. Manufacturing Philippines, Inc. | CID002517 |
| Tantalum | KEMET de Mexico | CID002539 |
| Tungsten | H.C. Starck Tungsten GmbH | CID002541 |
| Tungsten | TANIOBIS Smelting GmbH & Co. KG | CID002542 |
| Tungsten | Masan High-Tech Materials | CID002543 |
| Tantalum | TANIOBIS Co., Ltd. | CID002544 |
| Tantalum | TANIOBIS GmbH | CID002545 |
| Tantalum | Materion Newton Inc. | CID002548 |
| Tantalum | TANIOBIS Japan Co., Ltd. | CID002549 |
| Tantalum | TANIOBIS Smelting GmbH & Co. KG | CID002550 |
| Tungsten | Jiangwu H.C. Starck Tungsten Products Co., Ltd. | CID002551 |
| Tantalum | Global Advanced Metals Boyertown | CID002557 |
| Tantalum | Global Advanced Metals Aizu | CID002558 |
| Tin | CV Ayi Jaya | CID002570 |
| Tin | Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company | CID002572 |
| Tin | Nghe Tinh Non-Ferrous Metals Joint Stock Company | CID002573 |
| Tin | Tuyen Quang Non-Ferrous Metals Joint Stock Company | CID002574 |
| Tungsten | Niagara Refining LLC | CID002589 |
| Tungsten | China Molybdenum Tungsten Co., Ltd. | CID002641 |
| Tungsten | Ganzhou Haichuang Tungsten Co., Ltd. | CID002645 |
| Tungsten | Hydrometallurg, JSC | CID002649 |
| Tin | An Vinh Joint Stock Mineral Processing Company | CID002703 |
| Tin | Resind Industria e Comercio Ltda. | CID002706 |
| Tantalum | Resind Industria e Comercio Ltda. | CID002707 |
| Tungsten | Unecha Refractory metals plant | CID002724 |
| Tin | Super Ligas | CID002756 |
| Tin | Aurubis Berango | CID002774 |
| Tin | PT Sukses Inti Makmur | CID002816 |
| Tungsten | Philippine Chuangxin Industrial Co., Inc. | CID002827 |
| Tungsten | ACL Metais Eireli | CID002833 |
| Tantalum | Jiangxi Tuohong New Raw Material | CID002842 |
| Tungsten | Moliren Ltd. | CID002845 |
| Tin | Modeltech Sdn Bhd | CID002858 |
| Tin | Guangdong Hanhe Non-Ferrous Metal Co., Ltd. | CID003116 |
| Tin | Chifeng Dajingzi Tin Industry Co., Ltd. | CID003190 |
| Tin | Pongpipat Company Limited | CID003208 |
| Tin | Tin Technology & Refining | CID003325 |
| Tin | Dongguan CiEXPO Environmental Engineering Co., Ltd. | CID003356 |
| Tin | PT Rajawali Rimba Perkasa | CID003381 |
| Tin | Yunnan Yunfan Non-ferrous Metals Co., Ltd. | CID003397 |
| Tungsten | Lianyou Metals Co., Ltd. | CID003407 |
| Tungsten | JSC "Kirovgrad Hard Alloys Plant" | CID003408 |
| Tin | Precious Minerals and Smelting Limited | CID003409 |
| Tin | Gejiu City Fuxiang Industry and Trade Co., Ltd. | CID003410 |
| Tungsten | NPP Tyazhmetprom LLC | CID003416 |
| Tungsten | Hubei Green Tungsten Co., Ltd. | CID003417 |
| Tungsten | Albasteel Industria e Comercio de Ligas Para Fundicao Ltd. | CID003427 |
| Tungsten | Cronimet Brasil Ltda | CID003468 |
| Tungsten | OOO “Technolom” 2 | CID003612 |
| Tungsten | OOO “Technolom” 1 | CID003614 |
| Gold | Advanced Chemical Company | CID000015 |
| Gold | Aida Chemical Industries Co., Ltd. | CID000019 |
| Gold | Agosi AG | CID000035 |
| Gold | Almalyk Mining and Metallurgical Complex (AMMC) | CID000041 |
| Gold | AngloGold Ashanti Corrego do Sitio Mineracao | CID000058 |
| Gold | Argor-Heraeus S.A. | CID000077 |
| Gold | Asahi Pretec Corp. | CID000082 |
| Gold | Asaka Riken Co., Ltd. | CID000090 |
| Gold | Aurubis AG | CID000113 |
| Gold | Bangko Sentral ng Pilipinas (Central Bank of the Philippines) | CID000128 |
| Gold | Boliden AB | CID000157 |
| Gold | C. Hafner GmbH + Co. KG | CID000176 |
| Gold | CCR Refinery - Glencore Canada Corporation | CID000185 |
| Gold | Cendres + Metaux S.A. | CID000189 |
| Gold | Chimet S.p.A. | CID000233 |
| Gold | Chugai Mining | CID000264 |
| Gold | DSC (Do Sung Corporation) | CID000359 |
| Gold | Dowa | CID000401 |
| Gold | Eco-System Recycling Co., Ltd. East Plant | CID000425 |
| Gold | Refinery of Seemine Gold Co., Ltd. | CID000522 |
| Gold | LT Metal Ltd. | CID000689 |
| Gold | Heimerle + Meule GmbH | CID000694 |
| Gold | Heraeus Metals Hong Kong Ltd. | CID000707 |
| Gold | Heraeus Germany GmbH Co. KG | CID000711 |
| Gold | Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd. | CID000773 |
| Gold | Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd. | CID000801 |
| Gold | Ishifuku Metal Industry Co., Ltd. | CID000807 |
| Gold | Istanbul Gold Refinery | CID000814 |
| Gold | Japan Mint | CID000823 |
| Gold | Asahi Refining USA Inc. | CID000920 |
| Gold | Asahi Refining Canada Ltd. | CID000924 |
| Gold | JX Nippon Mining & Metals Co., Ltd. | CID000937 |
| Gold | Kazzinc | CID000957 |
| Gold | Kennecott Utah Copper LLC | CID000969 |
| Gold | Kojima Chemicals Co., Ltd. | CID000981 |
| Gold | LS-NIKKO Copper Inc. | CID001078 |
| Gold | Materion | CID001113 |
| Gold | Matsuda Sangyo Co., Ltd. | CID001119 |
| Gold | Metalor Technologies (Hong Kong) Ltd. | CID001149 |
| Gold | Metalurgica Met-Mex Penoles S.A. De C.V. | CID001161 |
| Gold | Mitsubishi Materials Corporation | CID001188 |
| Gold | Mitsui Mining and Smelting Co., Ltd. | CID001193 |
| Gold | Nadir Metal Rafineri San. Ve Tic. A.S. | CID001220 |
| Gold | Navoi Mining and Metallurgical Combinat | CID001236 |
| Gold | Nihon Material Co., Ltd. | CID001259 |
| Gold | Ohura Precious Metal Industry Co., Ltd. | CID001325 |
| Gold | MKS PAMP SA | CID001352 |
| Gold | PT Aneka Tambang (Persero) Tbk | CID001397 |
| Gold | PX Precinox S.A. | CID001498 |
| Gold | Rand Refinery (Pty) Ltd. | CID001512 |
| Gold | Royal Canadian Mint | CID001534 |
| Gold | Samduck Precious Metals | CID001555 |
| Gold | SEMPSA Joyeria Plateria S.A. | CID001585 |
| Gold | Sichuan Tianze Precious Metals Co., Ltd. | CID001736 |
| Gold | Solar Applied Materials Technology Corp. | CID001761 |
| Gold | Sumitomo Metal Mining Co., Ltd. | CID001798 |
| Gold | Tanaka Kikinzoku Kogyo K.K. | CID001875 |
| Gold | Tokuriki Honten Co., Ltd. | CID001938 |
| Gold | Torecom | CID001955 |
| Gold | Umicore S.A. Business Unit Precious Metals Refining | CID001980 |
| Gold | United Precious Metal Refining, Inc. | CID001993 |
| Gold | Valcambi S.A. | CID002003 |
| Gold | Western Australian Mint (T/a The Perth Mint) | CID002030 |
| Gold | Yamakin Co., Ltd. | CID002100 |
| Gold | Yokohama Metal Co., Ltd. | CID002129 |
| Gold | Gold Refinery of Zijin Mining Group Co., Ltd. | CID002243 |
| Gold | SAFINA A.S. | CID002290 |
| Gold | Umicore Precious Metals Thailand | CID002314 |
| Gold | Geib Refining Corporation | CID002459 |
| Gold | MMTC-PAMP India Pvt., Ltd. | CID002509 |
| Gold | KGHM Polska Miedz Spolka Akcyjna | CID002511 |
| Gold | Singway Technology Co., Ltd. | CID002516 |
| Gold | Al Etihad Gold Refinery DMCC | CID002560 |
| Gold | Emirates Gold DMCC | CID002561 |
| Gold | T.C.A S.p.A | CID002580 |
| Gold | REMONDIS PMR B.V. | CID002582 |
| Tin | PT Rajehan Ariq | CID002593 |
| Gold | Korea Zinc Co., Ltd. | CID002605 |
| Gold | Marsam Metals | CID002606 |
| Gold | TOO Tau-Ken-Altyn | CID002615 |
| Tin | PT Cipta Persada Mulia | CID002696 |
| Gold | Abington Reldan Metals, LLC | CID002708 |
| Gold | SAAMP | CID002761 |
| Gold | L'Orfebre S.A. | CID002762 |
| Gold | 8853 S.p.A. | CID002763 |
| Gold | Italpreziosi | CID002765 |
| Gold | WIELAND Edelmetalle GmbH | CID002778 |
| Gold | Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH | CID002779 |
| Gold | GGC Gujrat Gold Centre Pvt. Ltd. | CID002852 |
| Gold | Bangalore Refinery | CID002863 |
| Gold | SungEel HiMetal Co., Ltd. | CID002918 |
| Gold | Planta Recuperadora de Metales SpA | CID002919 |
| Gold | Safimet S.p.A | CID002973 |
| Gold | NH Recytech Company | CID003189 |
| Gold | C.I Metales Procesados Industriales SAS | CID003421 |
| Gold | Eco-System Recycling Co., Ltd. North Plant | CID003424 |
| Gold | Eco-System Recycling Co., Ltd. West Plant | CID003425 |
| Gold | Augmont Enterprises Private Limited | CID003461 |
| Tin | CRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil Ltda | CID003486 |
| Gold | Alexy Metals | CID003500 |
| Tin | CRM Synergies | CID003524 |
| Gold | Sancus ZFS (L’Orfebre, SA) | CID003529 |
| Gold | Metallix Refining Inc. | CID003557 |
| Gold | Metal Concentrators SA (Pty) Ltd. | CID003575 |
| Tin | Fabrica Auricchio Industria e Comercio Ltda. | CID003582 |
| Tantalum | RFH Yancheng Jinye New Material Technology Co., Ltd. | CID003583 |
| Tungsten | Fujian Xinlu Tungsten Co., Ltd. | CID003609 |
| Gold | WEEEREFINING | CID003615 |
| Gold | JSC Uralelectromed | CID000929 |
| Gold | Kyrgyzaltyn JSC | CID001029 |
| Gold | Moscow Special Alloys Processing Plant | CID001204 |
| Tin | Novosibirsk Tin Combine | CID001305 |
| Gold | Prioksky Plant of Non-Ferrous Metals | CID001386 |
| Tin | PT Timah Nusantara | CID001486 |
| Tin | VQB Mineral and Trading Group JSC | CID002015 |
| Gold | Industrial Refining Company | CID002587 |
| Gold | Shirpur Gold Refinery Ltd. | CID002588 |
| Tin | PT Bangka Prima Tin | CID002776 |
| Gold | Modeltech Sdn Bhd | CID002857 |
| Gold | JALAN & Company | CID002893 |
| Gold | African Gold Refinery | CID003185 |
| Gold | Gold Coast Refinery | CID003186 |
| Gold | CGR Metalloys Pvt Ltd. | CID003382 |
| Gold | Sovereign Metals | CID003383 |
| Gold | Kundan Care Products Ltd. | CID003463 |
| Gold | Atasay Kuyumculuk Sanayi Ve Ticaret A.S. | CID000103 |
| Gold | Caridad | CID000180 |
| Gold | Yunnan Copper Industry Co., Ltd. | CID000197 |
| Gold | Daye Non-Ferrous Metals Mining Ltd. | CID000343 |
| Gold | JSC Novosibirsk Refinery | CID000493 |
| Gold | Guoda Safina High-Tech Environmental Refinery Co., Ltd. | CID000651 |
| Gold | HwaSeong CJ CO., LTD. | CID000778 |
| Gold | JSC Ekaterinburg Non-Ferrous Metal Processing Plant | CID000927 |
| Gold | Kazakhmys Smelting LLC | CID000956 |
| Gold | L'azurde Company For Jewelry | CID001032 |
| Gold | Lingbao Gold Co., Ltd. | CID001056 |
| Gold | Lingbao Jinyuan Tonghui Refinery Co., Ltd. | CID001058 |
| Gold | Luoyang Zijin Yinhui Gold Refinery Co., Ltd. | CID001093 |
| Gold | OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet) | CID001326 |
| Gold | Penglai Penggang Gold Industry Co., Ltd. | CID001362 |
| Tin | PT Bangka Tin Industry | CID001419 |
| Gold | Sabin Metal Corp. | CID001546 |
| Gold | Samwon Metals Corp. | CID001562 |
| Gold | Shandong Tiancheng Biological Gold Industrial Co., Ltd. | CID001619 |
| Gold | SOE Shyolkovsky Factory of Secondary Precious Metals | CID001756 |
| Gold | Super Dragon Technology Co., Ltd. | CID001810 |
| Gold | Great Wall Precious Metals Co., Ltd. of CBPM | CID001909 |
| Gold | Tongling Nonferrous Metals Group Co., Ltd. | CID001947 |
| Gold | Morris and Watson | CID002282 |
| Gold | Guangdong Jinding Gold Limited | CID002312 |
| Tin | PT Tirus Putra Mandiri | CID002478 |
| Gold | Fidelity Printers and Refiners Ltd. | CID002515 |
| Gold | Shandong Humon Smelting Co., Ltd. | CID002525 |
| Gold | Shenzhen Zhonghenglong Real Industry Co., Ltd. | CID002527 |
| Gold | International Precious Metal Refiners | CID002562 |
| Gold | Kaloti Precious Metals | CID002563 |
| Gold | Sudan Gold Refinery | CID002567 |
| Gold | Fujairah Gold FZC | CID002584 |
| Gold | AU Traders and Refiners | CID002850 |
| Gold | Sai Refinery | CID002853 |
| Gold | Kyshtym Copper-Electrolytic Plant ZAO | CID002865 |
| Gold | Degussa Sonne / Mond Goldhandel GmbH | CID002867 |
| Gold | Pease & Curren | CID002872 |
| Gold | State Research Institute Center for Physical Sciences and Technology | CID003153 |
| Gold | QG Refining, LLC | CID003324 |
| Gold | Dijllah Gold Refinery FZC | CID003348 |
| Gold | Emerald Jewel Industry India Limited (Unit 1) | CID003487 |
| Gold | Emerald Jewel Industry India Limited (Unit 2) | CID003488 |
| Gold | Emerald Jewel Industry India Limited (Unit 3) | CID003489 |
| Gold | Emerald Jewel Industry India Limited (Unit 4) | CID003490 |
| Gold | K.A. Rasmussen | CID003497 |
| Gold | Sellem Industries Ltd. | CID003540 |
| Gold | MD Overseas | CID003548 |
| Tungsten | Artek LLC | CID003553 |
| Gold | Gold by Gold Colombia | CID003641 |
| Tin | PT Putera Sarana Shakti (PT PSS) | CID003868 |
| Tin | PT Premium Tin Indonesia | CID000313 |
| Gold | ABC Refinery Pty Ltd. | CID002920 |
| Tungsten | LLC Vostok | CID003643 |
| Gold | Shenzhen CuiLu Gold Co., Ltd. | CID002750 |
| Gold | Albino Mountinho Lda. | CID002760 |
| Tungsten | YUDU ANSHENG TUNGSTEN CO., LTD. | CID003662 |
| Gold | Dongwu Gold Group | CID003663 |
| Tin | DS Myanmar | CID003831 |
| Tantalum | 5D Production OU | CID003926 |
| Tungsten | HANNAE FOR T Co., Ltd. | CID003978 |
| Tungsten | Tungsten Vietnam Joint Stock Company | CID003993 |
| Tungsten | DONGKUK INDUSTRIES CO., LTD. | CID004060 |