# EDGAR Filing Document

**Accession Number:** 0001630805
**File Stem:** 0001630805-26-000053
**Filing Date:** 2026-5
**Character Count:** 83650
**Document Hash:** dabb68de50e6219ce24de15cfb78f90b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001630805-26-000053.hdr.sgml**: 20260521

**ACCESSION NUMBER**: 0001630805-26-000053

**CONFORMED SUBMISSION TYPE**: SD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260521

**DATE AS OF CHANGE**: 20260521

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Babcock & Wilcox Enterprises, Inc.
- **CENTRAL INDEX KEY:** 0001630805
- **STANDARD INDUSTRIAL CLASSIFICATION:** HEATING EQUIPMENT, EXCEPT ELECTRIC & WARM AIR FURNACES [3433]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 472783641
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SD
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36876
- **FILM NUMBER:** 261008045

**BUSINESS ADDRESS:**
- **STREET 1:** 1200 E. MARKET STREET, SUITE 650
- **CITY:** AKRON
- **STATE:** OH
- **ZIP:** 44305
- **BUSINESS PHONE:** 3308606205

**MAIL ADDRESS:**
- **STREET 1:** 1200 E. MARKET STREET, SUITE 650
- **CITY:** AKRON
- **STATE:** OH
- **ZIP:** 44305

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D. C. 20549**

**FORM SD**

**Specialized Disclosure Report**

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| |
|:---|
| **BABCOCK & WILCOX ENTERPRISES, INC.** |
| (Exact name of registrant as specified in its charter) |

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| | | |
|:---|:---|:---|
| DELAWARE | 001-36876 | 47-2783641 |
| (State or other jurisdiction | (Commission File | (IRS Employer Identification No.) |
| of incorporation or organization) | Number) |  |
| 1200 EAST MARKET STREET, SUITE 650 |  |  |
| AKRON, OHIO |  | 44305 |
| (Address of principal executive officers) |  | (Zip Code) |
| Cameron Frymyer | Cameron Frymyer | Cameron Frymyer |
| Executive Vice President, Chief Financial Officer | Executive Vice President, Chief Financial Officer | Executive Vice President, Chief Financial Officer |
| (330) 860-6176 | (330) 860-6176 | (330) 860-6176 |
| (Name and Telephone number, including area code, of the person to contact in connection with this report.) | (Name and Telephone number, including area code, of the person to contact in connection with this report.) | (Name and Telephone number, including area code, of the person to contact in connection with this report.) |

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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:

⌧Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2025.

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**SECTION 1 - Conflict Minerals Disclosure**

**Item 1.01 Conflict Minerals Disclosure and Report.**

This Specialized Disclosure Report on Form SD of Babcock & Wilcox Enterprises, Inc. is for the period from January 1, 2025 to December 31, 2025. In this Form SD, unless the context otherwise indicates, "B&W," "we," "us" and "our" mean Babcock & Wilcox Enterprises, Inc. and its consolidated subsidiaries.

We identified tin, tantalum, tungsten and gold ("3TG") as necessary to the functionality or production of products that we manufactured or contracted to manufacture during the period from January 1, 2025 to December 31, 2025 (the "Reporting Period"). Accordingly, we are filing a Conflict Minerals Report as Exhibit 1.01 to this Form SD.

Our website address is *www.babcock.com*. We will make available through the Investor Relations section of this website under "SEC Filings," this Form SD, including the Conflict Minerals Report, as soon as reasonably practicable after we electronically file our Form SD with the SEC. We have also posted our Conflict Minerals Policy on our website. Reference to our website within this filing is not intended to incorporate by reference any materials other than the Form SD, Conflict Minerals Report and Conflict Minerals Policy included therein.

**Item 1.02 Exhibit.**

As specified in Section 2 of Form SD, we are hereby filing our Conflict Minerals Report as Exhibit 1.01 to this Form SD.

**SECTION 2 - Exhibits**

**Item 2.01 Exhibits.**

The following exhibit is filed as part of this annual, specialized disclosure report on Form SD:

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| | |
|:---|:---|
| **Exhibit<br>number** | **Description** |
| <u>[1.01](a2025exh101.htm)</u> | Conflict Minerals Report for the year ended December 31, 2025 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 undersigned thereunto duly authorized.

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| | | |
|:---|:---|:---|
| | | BABCOCK & WILCOX ENTERPRISES, INC. |
| May 21, 2026 | By: | /s/ Cameron Frymyer |
|  |  | Cameron Frymyer |
|  |  | Executive Vice President and Chief Financial Officer <br>(Principal Financial and Accounting Officer and Duly Authorized Representative) |

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## Exhibit 1.01

**EXHIBIT 1.01**

**BABCOCK & WILCOX ENTERPRISES, INC.**

**CONFLICT MINERALS REPORT**

**YEAR ENDED DECEMBER 31, 2025**

**Introduction**

This Conflict Minerals Report (this "Report") has been prepared by management of Babcock & Wilcox Enterprises, Inc. In this Report, unless the context otherwise indicates, "B&W," "we," "us," the "Company" and "our" mean Babcock & Wilcox Enterprises, Inc. and its consolidated subsidiaries. This Report for the year ended December 31, 2025 (the "Reporting Period") is presented to comply with Rule 13p-1 under the Securities Exchange Act of 1934, as amended (the "Rule"). The Rule imposes certain reporting obligations on public companies that manufacture or contract to manufacture products containing conflict minerals that are necessary to the functionality or production of their products. Form SD defines "conflict minerals" as cassiterite, columbite-tantalite, gold, wolframite and their derivatives, which are currently limited to tin, tantalum and tungsten. We identified tin, tantalum, tungsten and gold ("3TG") as necessary to the functionality or production of certain products that we manufactured or contracted to manufacture during the Reporting Period.

As described in this Report, B&W has reason to believe that some of the 3TG present in its supply chain may have originated in the Democratic Republic of the Congo or an adjoining country (the "Covered Countries"). Therefore, we performed a reasonable country of origin inquiry ("RCOI") to determine whether any of the 3TG in our products originated from the Covered Countries and were not from recycled or scrap sources. Based on the RCOI, we cannot rule out the possibility that we may have some suppliers that sourced 3TG from the Covered Countries and proceeded to conduct due diligence on our in scope suppliers.

**Forward looking statements**

*Statements we make in this Report, which express a belief, expectation or intention, as well as those that are not historical fact, are forward- looking statements, including statements relating to our compliance efforts and expected actions identified under the "Steps to be taken" section of this Report. These forward-looking statements are subject to various risks, uncertainties and assumptions, including, among other things, our ability to implement improvements in our conflict minerals program and identify and mitigate related risks in our supply chain. If one or more of these or other risks materialize, actual results may vary materially from those expressed. For a more complete discussion of these and other risk factors, see our other filings with the Securities and Exchange Commission ("SEC"), including our Annual Report on Form 10-K for the year ended December 31, 2025. B&W cautions not to place undue reliance on these forward-looking statements, which speak only as of the date of this Report, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.*

**Overview**

We are a globally-focused energy technologies provider with nearly 160 years of experience providing diversified energy and emissions control solutions to a broad range of industrial, electrical utility, municipal and other customers. We support global energy needs and baseload power demand by providing advanced technologies that utilize coal, natural gas, hydrogen, waste and biomass to produce

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energy, environmental solutions and carbon capture systems. Our proven platforms help utilities, data centers, oil and gas, and other industries meet rising demand, while our comprehensive aftermarket services keep existing power plants operating efficiently. Our advanced environmental and decarbonization technologies help to reduce greenhouse gases and other emissions and capture carbon. We also are investing in new coal and natural gas technologies to produce steam or hydrogen from solid fuels and simultaneously isolate and capture CO2.

Our vast installed base of steam generation equipment includes aftermarket parts, construction, maintenance and field services. We have an extensive global base of installed equipment for utilities and general industrial applications including refining, petrochemical, food processing, metals and others. We provide aftermarket parts, construction, maintenance, engineered upgrades and field services for our installed base as well as the installed base of other original equipment manufacturers. In addition to our aftermarket offerings, we also provide complete steam generation systems including package boilers, watertube and firetube waste heat boilers, and other boilers to medium and heavy industrial customers. Our unique range of offerings, coupled with the strength of our brand, provides a competitive advantage in existing and emerging markets, including utilities and power generation, AI data centers, and other industrial markets, including oil and gas. We also offer specialized technologies in industrial energy production, including hydrogen and syngas.

Our business depends significantly on the capital, operations and maintenance expenditures of global electric power generating companies, including renewable and thermal powered heat generation industries and industrial facilities with environmental compliance policy requirements. Several factors may influence these expenditures, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• climate change initiatives promoting environmental policies to meet legislative requirements and clean energy portfolio standards in North America, Europe, Middle East and Asia;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• regulations requiring environmental improvements in various industries and global markets;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• expectations regarding future governmental requirements to further limit or reduce greenhouse gas and other emissions in the United States, Europe and other international climate change sensitive countries;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• prices for electricity, along with the cost of production and distribution, including the cost of fuels, within the United States, Europe, Middle East and Asia;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• demand for electricity and other end products of steam-generating facilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• level of capacity utilization at operating power plants and other industrial users of steam production;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• maintenance and upkeep requirements at operating power plants, including to address the accumulated effects of usage;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• overall strength of the industrial industry;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ability of electric power generating companies and other steam users to raise capital; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the impact of geopolitical conflicts, including the ongoing conflicts in Ukraine and the Middle East.

Customer demand is heavily affected by the variations in our customers' business cycles, power demand in their operating territories and by the overall economies and energy, environmental and noise abatement needs of the countries in which they operate.

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***Our products***

We conducted an analysis of our products to determine which of our products were likely to contain 3TG. We have identified 3TG in products within each of our business segments that are necessary to the functionality or production of products that we manufactured or contracted to manufacture during the Reporting Period.

***Conflict minerals policy***

We have adopted a conflict minerals policy, as follows, which is also publicly available on our website at "https://investors.babcock.com/assets/Governance-Documents/Conflict-Minerals-Policy.pdf". The inclusion of our website within this filing is not intended to incorporate by reference any materials other than the Form SD, Conflict Minerals Report and Conflict Minerals Policy included therein.

We support sourcing components and materials from companies that share our values regarding respect for human rights, ethics and environmental responsibility. We are committed to complying with the SEC disclosure requirements and are working with our suppliers to perform reasonable country of origin inquiries and due diligence in determining the potential for conflict minerals in our supply chain and products.

We expect our suppliers to partner with us in our commitment to compliance and have designed our efforts to align with conflict minerals reporting rules.

**Description of RCOI**

Our operations use materials, such as carbon and alloy steels in various forms and components and accessories for assembly, which are available from numerous sources. We generally purchase materials and components as needed for individual contracts.

As noted above, we manufacture a variety of products for which materials included in those products may differ from year to year. These products are highly complex, typically containing thousands of parts from many suppliers throughout the world. We may purchase the same materials from multiple different suppliers and distributors. These suppliers and distributors often obtain their materials from lower tier suppliers. Accordingly, our supply chain is deep and identifying the ultimate source of materials supplied to us is difficult. We rely on our direct suppliers to work with their suppliers to provide information on the smelters and origin of the 3TG contained in components and materials supplied to us.

During the Reporting Period, our compliance efforts included both our domestic and our international locations. For each of the products (or subassemblies) that we identified as containing 3TG necessary to their functionality or production, we identified the suppliers that provided the materials comprising each of these products. We specifically identified each supplier that provided the materials containing the 3TG that we identified, as the 3TG in these products and related supplier base was limited.

To determine whether necessary 3TGs in our products originated in Covered Countries, we retained Assent Compliance ("Assent"), our third party service provider, to assist us in reviewing our supply chain and identifying risks. We provided a list composed of suppliers associated with the covered products to Assent for upload to the Assent Compliance Manager tool ("ACM").

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B&W utilized the RBA-GeSI Conflict Minerals Reporting Template ("CMRT") version 6.5 or higher to conduct a survey of all in scope suppliers. During the supplier survey, we contacted suppliers via the ACM, a software-as-a-service (SaaS) platform provided by Assent that enables its users to complete and track supplier communications as well as allow suppliers to upload completed CMRTs directly to the platform for validation, assessment and management. The ACM also provides functionality that meets the OECD Guidance process expectations by evaluating the quality of each supplier response. Additionally, the metrics provided in this report, as well as the step-by-step process for supplier engagement and upstream due diligence investigations performed, are managed through this platform. The use of the CMRT allowed for some elimination of irrelevant suppliers. Specifically, question 1 of the CMRT asks suppliers whether any of the 3TGs are intentionally added or used in the products or in the production process. Question 2 also asks if any 3TGs remain in their products. We also periodically reviewed the supplier list to ensure that irrelevant or "out of scope" suppliers were removed from the survey process. We conducted this analysis based on the following criteria:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The company supplies packaging only (excluding labels)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The company supplies us with items that do not end up in our products (including equipment used to make our products)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The company is a test lab

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The company is a service provider only

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The company is in active litigation with B&W

Assent requested that all suppliers complete a CMRT and included training and education to guide suppliers on best practices and the use of this template. Assent monitored and tracked all communications in the ACM for future reporting and transparency. B&W directly contacted suppliers that were unresponsive to Assent's communications during the diligence process and requested such suppliers to complete the CMRT form and submit such form to Assent.

Our program continues to include automated data validation on all submitted CMRTs. The goal of data validation is to increase the accuracy of submissions and identify any contradictory answers in the CMRT.

All submitted forms are accepted and classified as valid or invalid so that data is still retained. Suppliers are contacted in regards to invalid forms and are encouraged to submit a valid form. Suppliers are also provided with guidance on how to correct these validation errors in the form of feedback to their CMRT submission, training courses and direct engagement help through Assent's multilingual Supplier Experience team. As of May 13, 2026, there were 8 invalid supplier submissions that could not be corrected.

Assent compared the list of smelters and refiners provided in our suppliers' responses to the lists of smelters maintained by the Responsible Mineral Initiative ("RMI") and, if a supplier indicated that a facility was certified as conflict-free, confirmed that the facility was listed on RMI's list of validated conflict free smelters and refiners of 3TGs. Our suppliers identified a total of 338 smelters and refiners that appear on the lists maintained by RMI. Of these 338 smelters and refiners, 207 are validated as conflict free by RMI or a cross-recognized initiative.

Most of the CMRTs we received were made on a company or division level basis which did not allow us to identify which smelters or refiners listed by our suppliers actually processed the 3TGs contained in our products.

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Based on the RCOI, we had reason to believe that some of the 3TGs may have originated from the Covered Countries, therefore, in accordance with the Rule, performed due diligence on the source and chain of custody of the conflict minerals in question.

As of May 13, 2026, there were 583 suppliers in scope of the conflict minerals program and 301 provided a completed CMRT. B&W's total response rate for this reporting year was 53%. These metrics are summarized in the table below in order to assess progress over time:

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| | | | |
|:---|:---|:---|:---|
| Year | Suppliers in Scope <sup>(1)</sup> | % Responded | % Invalid |
| RY 2023 | 1179 | 53% | 0.6% |
| RY 2024 | 1164 | 55% | 0.9% |
| RY 2025 | 583 | 53% | 1.3% |

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<sup>(1)</sup> In 2025, B&W divested several subsidiaries. The suppliers of those divested subsidiaries were removed from our in scope supply base resulting in the reduced number of suppliers for the 2025 conflict minerals reporting year.

**Due diligence**

***Design of due diligence***

We designed our due diligence measures to conform, in all material respects, with the framework in The Organization for Economic Co-operation and Development ("OECD") Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas ("the Guidance") and the related Supplements for gold, tin, tantalum and tungsten. The Guidance identifies five steps for due diligence that should be implemented and provides guidance as to how to achieve each step. We developed our due diligence process to address each of these five steps, namely:

1Establishing strong company management systems regarding conflict minerals;

2Identifying and assessing risks in our supply chain;

3Designing and implementing a strategy to respond to identified risks in our supply chain;

4Utilizing independent third-party audits of supply chain diligence; and

5Reporting annually on our supply chain due diligence

Due diligence requires B&W's necessary reliance on data provided by direct suppliers and third-party audit programs. There is a risk of incomplete or inaccurate data as we cannot fully own this process. However, through continued outreach and process validation, this aligns with industry standards and market expectations for downstream companies' due diligence.

We are a downstream supplier, many steps removed from the mining of 3TGs. A large number of suppliers, through multiple tiers of distribution, supply the components and materials integrated into our products. Furthermore, B&W does not purchase raw ore or unrefined conflict minerals or make purchases from the Covered Countries. The origin of the conflict minerals cannot be determined with any certainty once the raw ores are smelted, refined and converted to ingots, bullion or other conflict mineral containing derivatives. The smelters and refiners consolidate raw ore and represent the best actors in the total supply chain to possess knowledge of the origin of the ores they procure.

The Guidance specifies that the requirements for compliance should reflect a company's position in the supply chain. In particular, the Guidance states that the implementation of due diligence should be

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tailored to a company's activities and relationships and that the nature and extent of due diligence may vary based on a company's size, products, relationships with suppliers and other factors. Due to practical difficulties associated with supply chain complexities, the Guidance advises that downstream companies exercise due diligence primarily by establishing controls over their immediate suppliers. Accordingly, we rely primarily on our "tier 1" (direct) suppliers to provide information with respect to the origin of the conflict minerals contained in the components and materials supplied to us.

***Due diligence performed***

<u>1. Establish strong company management systems</u>

*Conflict minerals policy*

We established a Conflict Minerals Policy related to our sourcing of 3TG as described in full in the *"Conflict Minerals Policy"* section above and posted this policy on our website at "*https://investors.babcock.com/assets/Governance-Documents/Conflict-Minerals-Policy.pdf*" within the "Investors" section under "Corporate Governance." The inclusion of our website within this filing is not intended to incorporate by reference any materials other than the Form SD, Conflict Minerals Report and Conflict Minerals Policy included therein.

*Internal team*

We commissioned a Conflict Minerals Steering Committee comprised of individuals in management positions across the procurement, legal and finance functions. The Conflict Minerals Steering Committee is led by members of our senior management. The Conflict Minerals Steering Committee governs our conflict minerals compliance effort and is responsible for providing guidance and direction for the implementation of our conflict minerals program.

We also use a third-party service provider, Assent, to assist with evaluating supply chain information regarding 3TGs, identifying potential risks, and in the development and implementation of additional due diligence steps that we will undertake with suppliers in regards to conflict minerals. The use of Assent and its tools has allowed us to assist our suppliers in understanding our expectations and requirements with respect to conflict minerals compliance.

We leverage Assent's Managed Services in order to work with dedicated program specialists who support B&W's conflict minerals program. We communicate regularly with the Assent team in order to receive updates on program status.

*Control systems and grievance mechanism*

We do not typically have a direct relationship with smelters and refiners. However, we have controls in place designed to uphold our core values and ethical standards in all interactions with customers, vendors, suppliers, shareholders, fellow employees and others. These controls include a Code of Business Conduct and a Supplier Code of Conduct that outline expected behaviors for all employees, vendors and independent contractors. These Codes are publicly available on our website. To this end, anyone can utilize our Integrity Line as detailed in the Codes to proactively report a violation of our Code or policies, including our conflict minerals policy and related program efforts.

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*Maintain records*

We have maintained company-wide document retention policies. These policies extend to the documentation accumulated in performing our due diligence procedures and requires that documentation will be retained for a period of 10 years.

In addition, we implemented a document retention policy through Assent to retain conflict minerals related documents for five years, including supplier responses to CMRTs. We store all the information and findings from this process in a database that can be audited by internal or external parties.

*Supplier engagement*

With respect to the OECD requirement to strengthen engagement with suppliers, we have utilized the CMRT version 6.5 or higher and Assent's web-based reporting tool for collecting Conflict Minerals declarations from our supply base. The use of these tools has allowed us to assist our suppliers in understanding our expectations and requirements and increase the rate of responses we have received from our suppliers to our survey requests.

We have also communicated with suppliers potentially affected by our Conflict Minerals Policy and compliance efforts as identified through our RCOI process our expectation that they assist us in complying with our efforts related to our conflict minerals program. This includes obtaining information to support chain of custody of the 3TG identified in our products. We have provided suppliers access to our Conflict Minerals Policy through the website above or upon request.

We continue to emphasize supplier education and training. To accomplish this, we utilized Assent's learning management system and provided all in-scope suppliers access to many conflict minerals training and support resources. This training was tracked and evaluated based on completion. B&W has a strong relationship with Tier 1 direct suppliers. As an extremely important part of the supply chain, B&W through Assent has leveraged processes and educational opportunities in order to ensure non-English speaking suppliers have access to a free platform to upload their CMRTs, help desk support and other multilingual resources. B&W suppliers are able to leverage Assent's team of supplier support specialists to ensure they receive appropriate support and understand how to properly file a CMRT. Suppliers are provided guidance in their native language, if needed.

We believe that the combination of the Supplier Code of Conduct, our Conflict Minerals Policy, and direct engagement with suppliers for conflict minerals training and requests constitute a strong program when it comes to supplier engagement.

<u>2. Identify and assess risks in the supply chain</u>

Due to our size, the complexity of our products, and the depth, breadth, and constant evolution of our supply chain, it is difficult to identify actors upstream from our direct suppliers. Risks are identified automatically in the Assent Compliance Manager system based on criteria established for supplier responses in the System. These risks are addressed by Assent Compliance Supply Chain staff and members of our supply chain team internally who contact the supplier, gather pertinent data and perform an assessment of the supplier's conflict minerals status.

Many of the responses received provided data at a company or divisional level or were unable to specify the smelters or refiners used for 3TGs in the components supplied to B&W. Additionally, some suppliers

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indicated that they received incomplete information regarding their supply chains from their suppliers and, therefore, they could not provide a comprehensive list of all smelters or refiners in their supply chains.

In accordance with the Guidance, it is important to identify and assess risks associated with conflict minerals in the supply chain. Risks were identified by assessing the due diligence practices of smelters and refiners identified in the supply chain by upstream suppliers that listed mineral processing facilities on their CMRT declarations. Assent compared these facilities listed in the responses to the list of smelters and refiners maintained by the RMI to ensure that the facilities met the RMI definition of a 3TG processing facility that was operational during the 2025 calendar year.

To assess the risk that any of these smelters posed to our supply chain, Assent determined if the smelter had been audited against a standard in conformance with the Guidance, such as the Responsible Minerals Assurance Process ("RMAP"). We do not typically have a direct relationship with 3TG smelters and refiners and do not perform or direct audits of these entities within our supply chain. Smelters that have completed the RMAP audit are considered to be DRC-Conflict Free. In cases where the smelter's due diligence practices have not been audited against the RMAP standard, a potential supply chain risk exists.

Each facility that meets the RMI definition of a smelter or refiner of a 3TGs mineral is assessed according to red flag indicators defined in the Guidance. Assent uses numerous factors to determine the level of risk that each smelter poses to the supply chain by identifying red flags. These factors include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Geographic proximity to the DRC and Covered Countries;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Known mineral source country of origin;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• RMAP audit status;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Credible evidence of unethical or conflict sourcing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Peer Assessments conducted by credible third-party sources.

As part of our risk management plan under the Guidance, when facilities of interest were reported on a CMRT by one of the suppliers surveyed, risk mitigation activities are initiated. Through Assent Compliance, submissions that include any facilities of interest immediately produce a receipt instructing the supplier to take their own risk mitigation actions, including submission of a product specific CMRT to better identify the connection to products that they supply to B&W, and escalating up to removal of these smelters of interest from their supply chain.

As per the Guidance, risk mitigation will depend on the supplier's specific context. Suppliers are given clear performance objectives within reasonable timeframes with the ultimate goal of progressive elimination of these red flags from the supply chain. In addition, suppliers are guided to the Assent's learning management system to engage in educational materials on mitigating the risk of smelters or refiners on the supply chain.

Additionally, suppliers are evaluated on program strength (further assisting in identifying risk in the supply chain). Evaluating and tracking the strength of the program meets the Guidance and can assist in making key risk mitigation decisions as the program progresses. The criteria used to evaluate the strength of the program are based on these four questions in the CMRT:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Have you established a conflict minerals sourcing policy?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Have you implemented due diligence measures for conflict-free sourcing?

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Do you review due diligence information received from your suppliers against your company's expectations?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H. Does your review process include corrective action management?

When suppliers meet or exceed those criteria (Yes to at least A, E, G, H), they are deemed to have a strong program. When suppliers do not meet those criteria, they are deemed to have a weak program. As of May 13, 2026, a total of 43 of our responsive suppliers have been identified as having a weak program.

<u>3. Design and implement a strategy to respond to risks</u>

We report our findings annually to the Conflict Minerals Steering Committee prior to the issuance of Form SD and this Report. We also report any significant due diligence findings to the Conflict Minerals Steering Committee as they arise. For example, if we find that we source 3TG that directly or indirectly finances or benefits armed groups, in the Covered Countries, B&W will assess the supplier relationship and encourage the supplier in question to establish an alternative source of 3TG that does not support such conflict. We have found no instance where it was necessary to implement risk mitigation efforts as a result of a supplier's response to our information request.

As per the Guidance, risk mitigation will depend on the supplier's specific context. Feedback on supplier submissions is given directly to suppliers and educational resources are provided to assist suppliers in corrective action methods or to improve their internal programs. We engage suppliers believed to be supplying 3TGs from sources that may support conflict in the Covered Countries to establish an alternative source of 3TGs that does not support such conflict, as provided in the Guidance. Assent also communicates directly with smelters that have not yet been determined to be conformant with the RMAP in order to request sourcing information and encourage their involvement with the RMI program.

<u>4. Carry-out independent third-party audit of supply chain due diligence at identified points in the supply chain</u>

We do not typically have a direct relationship with smelters and refiners and therefore do not perform or direct audits of these entities within our supply chain. Instead, we rely on third-party audits of smelters and refiners conducted as part of the RMAP, which uses independent private sector auditors to audit the source, including the mines of origin, and the chain of custody of the conflict minerals used by smelters and refiners that agree to participate in the program.

Assent also directly contacts smelters and refiners that are not currently enrolled in the RMAP to encourage their participation and gather information regarding each facilities' sourcing practices on behalf of its compliance partners.

<u>5. Public reporting on supply chain due diligence</u>

This Report, which constitutes our annual report on our due diligence efforts, is available on our website at "*https://investors.babcock.com/home/financial-reports/*" and is filed with the SEC. The inclusion of our website within this filing is not intended to incorporate by reference any materials other than the Form SD, Conflict Minerals Report and Conflict Minerals Policy included therein.

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**Results of due diligence**

***Survey results***

As described above, B&W actively surveys our supply chain and reviews the responses against criteria developed to determine whether further engagement is required. These criteria include: untimely responses, incomplete responses and inconsistencies within the data reported in the CMRT.

As of May 13, 2026 we received responses from over 53% of our 583 surveyed suppliers for the Reporting Period. All final CMRT submissions were reviewed and validated to ensure no inaccuracies or gaps in data were found. A total of 11 suppliers were unable to correct their CMRTs and as such, are still listed as invalid submissions.

Supply chain outreach metrics are as follows:

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| | | | |
|:---|:---|:---|:---|
| **Number of In-Scope Suppliers for 2025** | **Change in Number of In-Scope Suppliers From 2024** | **Response Rate** | **Valid Response Rate** |
| 583 | (581) | 53% | 52% |

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***Efforts to determine mine or location of origin***

Given that we do not have established relationships with the ultimate smelters and refiners from which the 3TG in our products is sourced, we have determined that requesting our suppliers to complete the CMRT represents our good faith effort to determine the mines or locations of origin of 3TG in our supply chain.

***Smelters and refiners***

Of the suppliers surveyed, many completed the CMRT at the company, business unit or entity level and are unable to represent that 3TG from the processing facilities they listed had actually been included in components that they supplied to us. The quality of the responses that we received from our surveyed suppliers continues to be varied. Many of the responses provided by suppliers via the CMRT included the names of facilities listed by the suppliers as smelters or refiners ("SORs"). The CMRTs submitted by suppliers that do not list at least one smelter for each 3TG claimed on the CMRT are considered invalid and Assent follows up on these, urging suppliers to resubmit the form and include smelter information. Any CMRTs submitted by suppliers unable to provide SORs used for the materials supplied to us are deemed invalid.

For all responses that indicated a smelter, Assent compared the facilities listed to the list of smelters maintained by the RMI. If a supplier indicated that the facility was certified as "Conflict-Free," Assent confirmed that the name was listed by the RMI as a certified smelter. As of May 13, 2026, we have identified 365 smelters or refiners that were reported by our suppliers via the CMRT. Appendix A lists the smelters and refiners that the suppliers we surveyed reported as being in their supply chains. All smelters and refiners listed by suppliers in completed CMRTs, which appear on the RMI-maintained smelters list, are attached in Appendix A. Appendix B includes an aggregate list of the countries of origin from which the reported facilities collectively source conflict minerals, based on information provided by suppliers and the RMI.

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Based on the smelter list provided by suppliers via the CMRTs and publicly available information, we have identified 233 smelters that are deemed RMAP Conformant - this indicates these smelters or refiners are compliant with the Conflict Free Smelter Program assessment protocols. There are 4 more smelters or refiners that are deemed RMAP Active - Smelters and refiners on the Active list have committed to undergo a RMAP audit or are participating in one of the cross-recognized certification programs: LBMA Responsible Gold Certification or Responsible Jewelry Program Chain-of-Custody Certification. The remaining 130 smelters listed have not yet been confirmed as Conflict-Free. We have assessed these facilities and determined that most of these are of low risk due to their geographic location. As mentioned above, there are 21 smelters or refiners that we consider "High Risk Smelters.

Risk mitigation activities were initiated on the suppliers submitting these entries in their CMRT. Through Assent Compliance, submissions that include any of the above facilities immediately produce a receipt instructing the supplier to take their own risk mitigation actions including removal of these red-flag smelters from their supply chain. The submission of these smelters by B&W suppliers does not guarantee that these smelters or refiners are present in the B&W supply chain as these B&W suppliers were only able to provide company-level CMRTs and not able to provide product-level CMRTs directly linking those smelters or refiners to the products they provide to B&W.

As our suppliers are largely unable to provide us with the information necessary to determine country of origin at the product level, we are unable to make any determinations regarding the 3TG included in our products during the Reporting Period or to provide additional smelter and refiner names and country of origin of the necessary 3TGs at this time.

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| | |
|:---|:---|
| **Status** | **Number of Identified Smelters and Refiners** |
| RMAP Conformant | 207 |
| RMAP Active | 9 |
| Not Enrolled | 84 |
| Non-Conformant | 38 |

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Countries of Origin

Appendix B includes an aggregated list of countries of origin from which the reported facilities collectively source 3TGs, based on information provided through the CMRT data collection process, from direct smelter outreach and the RMAP. As mentioned in the above section, it is understood that many responses may provide more data than can be directly linked to products sold by our company, therefore, Appendix B may contain more countries than those that the Company's products are being sourced from.

Steps to be taken

We are committed to complying with the provisions of the Rule and Form SD and expect to continue our conflict minerals program and related due diligence. Our next steps may include, but are not limited to the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Engage with suppliers and direct them to training resources, including increasing the number who utilize Assent's learning management system. This will encourage supplier participation and improve the overall efficiency of our Conflict Minerals Due Diligence Program.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Increase the emphasis on clean and validated smelter and refiner information from our supply chain through Assent as the list of conflict-free smelters and refiners grows and more smelters and refiners declare their intent to enroll in the RMAP program.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Encourage our suppliers through Assent to develop and strengthen their internal policies to include due diligence procedures for their supply chains to improve the quality of the responses from such suppliers.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Update and maintain the supplier list and contact information for subsequent supplier engagement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Further document procedures and timelines for administering the conflict mineral program.

Smelter & Refiner Risk Evaluation

Understanding the risks associated with the smelters and refiners potentially providing material into our supply chain is an important part of the due diligence process. Through Assent, comprehensive and ongoing analysis is conducted by Assent's smelter library manager to assess sourcing risk. This information is used to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Provide supplier feedback.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Determine the health of the Company's overall program.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Conduct outreach to smelters, refiners and their respective associations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Provide detailed analysis in this report.

The following risk categories are used for smelter evaluation and risk determination:

Geo-Risk: Did the mineral originate from or has been transported through a conflict-affected area as defined by Section 1502 of the Dodd-Frank Act (the DRC and its nine adjoining countries; Angola, Burundi, Central African Republic, Republic of the Congo, Rwanda, South Sudan, Tanzania, Uganda, and Zambia)?

Audit Status: Has the refiner's due diligence practices been audited against a standard in conformance with the OECD Guidance? Assent relies on the RMI audit standard, including cross-recognition of the London Bullion Market Association ("LBMA") Good Delivery Program and the Responsible Jewelry Council Chain of Custody Certification, which are developed according to global standards, including the OECD Guidance.

Sourcing risk: Has evidence of any other risk characteristic is supported by credible sources been identified?

**Appendix A:**

The following smelters and refiners were reported by our suppliers as being in their supply chains. Facilities that have been certified as conflict-free by an internationally-recognized validation scheme for 3TG smelters and refiners are designated below in the fifth column.

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Metal** | **Smelter Name** | **Smelter Facility Location** | **Smelter Id** | **Audit Status** | **Risk Status** | **Source from DRC** |
| Tantalum | 5D Production OU | Estonia | CID003926 | Outreach Required | Low | Unknown |
| Gold | 8853 S.p.A. | Italy | CID002763 | NonConformant | Low | No |
| Tungsten | A.L.M.T. Corp. | Japan | CID000004 | Conformant | Medium | Yes |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Gold | ABC Refinery Pty Ltd. | Australia | CID002920 | Outreach Required | Low | Unknown |
| Gold | Abington Reldan Metals, LLC | United States Of America | CID002708 | Conformant | Low | No |
| Tungsten | ACL Metais Eireli | Brazil | CID002833 | NonConformant | Medium | No |
| Gold | Advanced Chemical Company | United States Of America | CID000015 | Conformant | Low | No |
| Gold | African Gold Refinery | Uganda | CID003185 | Review Cant Proceed | High | Yes |
| Gold | Agosi AG | Germany | CID000035 | Conformant | Low | No |
| Gold | Aida Chemical Industries Co., Ltd. | Japan | CID000019 | Conformant | Low | No |
| Gold | Al Etihad Gold Refinery DMCC | United Arab Emirates | CID002560 | NonConformant | Low | No |
| Tungsten | Albasteel Industria e Comercio de Ligas Para Fundicao Ltd. | Brazil | CID003427 | NonConformant | Medium | Yes |
| Gold | Albino Mountinho Lda. | Portugal | CID002760 | Outreach Required | Low | Unknown |
| Gold | Alexy Metals | United States Of America | CID003500 | NonConformant | Low | No |
| Gold | Almalyk Mining and Metallurgical Complex (AMMC) | Uzbekistan | CID000041 | Conformant | Medium | Yes |
| Tin | Alpha | United States Of America | CID000292 | Conformant | Medium | No |
| Tantalum | AMG Brasil | Brazil | CID001076 | Conformant | Medium | Yes |
| Tin | An Vinh Joint Stock Mineral Processing Company | Viet Nam | CID002703 | Outreach Required | Low | No |
| Gold | AngloGold Ashanti Corrego do Sitio Mineracao | Brazil | CID000058 | Conformant | Medium | Yes |
| Gold | Argor-Heraeus S.A. | Switzerland | CID000077 | Conformant | Medium | No |
| Tungsten | Artek LLC | Russian Federation | CID003553 | Review Cant Proceed | Medium | No |
| Gold | Asahi Pretec Corp. | Japan | CID000082 | Conformant | Low | No |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Gold | Asahi Refining Canada Ltd. | Canada | CID000924 | Conformant | Low | No |
| Gold | Asahi Refining USA Inc. | United States Of America | CID000920 | Conformant | Medium | Yes |
| Gold | Asaka Riken Co., Ltd. | Japan | CID000090 | Conformant | Low | No |
| Tungsten | Asia Tungsten Products Vietnam Ltd. | Viet Nam | CID002502 | Conformant | Medium | Yes |
| Gold | Atasay Kuyumculuk Sanayi Ve Ticaret A.S. | Turkey | CID000103 | Outreach Required | Low | No |
| Gold | Attero Recycling Pvt Ltd | India | CID004697 | Outreach Required | Low | Unknown |
| Gold | AU Traders and Refiners | South Africa | CID002850 | NonConformant | Medium | Yes |
| Gold | Augmont Enterprises Private Limited | India | CID003461 | NonConformant | Low | No |
| Gold | Aurubis AG | Germany | CID000113 | Conformant | Medium | No |
| Tin | Aurubis Beerse | Belgium | CID002773 | Conformant | Medium | Yes |
| Tin | Aurubis Berango | Spain | CID002774 | Conformant | Medium | No |
| Gold | Bangalore Refinery | India | CID002863 | Active | Low | No |
| Gold | Bangko Sentral ng Pilipinas (Central Bank of the Philippines) | Philippines | CID000128 | Conformant | Low | No |
| Gold | Boliden Ronnskar | Sweden | CID000157 | Conformant | Low | No |
| Gold | C. Hafner GmbH + Co. KG | Germany | CID000176 | Conformant | Low | No |
| Gold | Caridad | Mexico | CID000180 | Outreach Required | Low | No |
| Gold | CCR Refinery - Glencore Canada Corporation | Canada | CID000185 | Conformant | Medium | Yes |
| Gold | Cendres + Metaux S.A. | Switzerland | CID000189 | NonConformant | Low | No |
| Gold | CGR Metalloys Pvt Ltd. | India | CID003382 | Outreach Required | Low | No |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Tin | Chenzhou Yunxiang Mining and Metallurgy Co., Ltd. | China | CID000228 | Conformant | Medium | No |
| Tin | Chifeng Dajingzi Tin Industry Co., Ltd. | China | CID003190 | Conformant | Low | No |
| Gold | Chimet S.p.A. | Italy | CID000233 | Conformant | High | No |
| Tungsten | China Molybdenum Tungsten Co., Ltd. | China | CID002641 | Conformant | Low | No |
| Tin | China Tin Group Co., Ltd. | China | CID001070 | Conformant | Medium | No |
| Tungsten | Chongyi Zhangyuan Tungsten Co., Ltd. | China | CID000258 | Conformant | Medium | Yes |
| Gold | Chugai Mining | Japan | CID000264 | Conformant | Low | No |
| Tungsten | CNMC (Guangxi) PGMA Co., Ltd. | China | CID000281 | Outreach Required | Low | No |
| Gold | Coimpa Industrial LTDA | Brazil | CID004010 | Conformant | Low | Unknown |
| Tin | CRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil Ltda | Brazil | CID003486 | Conformant | Low | No |
| Tin | CRM Synergies | Spain | CID003524 | Conformant | Low | No |
| Tungsten | Cronimet Brasil Ltda | Brazil | CID003468 | Conformant | Low | No |
| Tin | CV Ayi Jaya | Indonesia | CID002570 | Conformant | Medium | No |
| Tin | CV Venus Inti Perkasa | Indonesia | CID002455 | Conformant | Low | No |
| Tantalum | D Block Metals, LLC | United States Of America | CID002504 | Conformant | Medium | Yes |
| Gold | Daye Non-Ferrous Metals Mining Ltd. | China | CID000343 | Outreach Required | Low | No |
| Gold | Degussa Sonne / Mond Goldhandel GmbH | Germany | CID002867 | Outreach Required | Low | No |
| Gold | Dijllah Gold Refinery FZC | United Arab Emirates | CID003348 | Outreach Required | Low | No |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Tin | Dongguan CiEXPO Environmental Engineering Co., Ltd. | China | CID003356 | NonConformant | Low | No |
| Tungsten | DONGKUK INDUSTRIES CO., LTD. | Korea, Republic Of | CID004060 | Outreach Required | Low | Unknown |
| Gold | Dongwu Gold Group | China | CID003663 | Outreach Required | Low | Unknown |
| Tin | Dowa | Japan | CID000402 | Conformant | Low | No |
| Gold | Dowa | Japan | CID000401 | Conformant | Medium | No |
| Tin | DS Myanmar | Myanmar | CID003831 | Conformant | Low | No |
| Gold | DSC (Do Sung Corporation) | Korea, Republic Of | CID000359 | Conformant | Low | No |
| Gold | Eco-System Recycling Co., Ltd. East Plant | Japan | CID000425 | Conformant | Low | No |
| Gold | Eco-System Recycling Co., Ltd. North Plant | Japan | CID003424 | Conformant | Low | No |
| Gold | Eco-System Recycling Co., Ltd. West Plant | Japan | CID003425 | Conformant | Low | No |
| Tin | Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company | Viet Nam | CID002572 | NonConformant | Low | No |
| Gold | Elite Industech Co., Ltd. | Taiwan, Province Of China | CID004755 | Conformant | Low | Unknown |
| Tin | EM Vinto | Bolivia (Plurinational State Of) | CID000438 | Conformant | Medium | No |
| Gold | Emerald Jewel Industry India Limited (Unit 1) | India | CID003487 | Outreach Required | Low | Unknown |
| Gold | Emerald Jewel Industry India Limited (Unit 2) | India | CID003488 | Outreach Required | Low | Unknown |
| Gold | Emerald Jewel Industry India Limited (Unit 3) | India | CID003489 | Outreach Required | Low | Unknown |
| Gold | Emerald Jewel Industry India Limited (Unit 4) | India | CID003490 | Outreach Required | Low | Unknown |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Gold | Emirates Gold DMCC | United Arab Emirates | CID002561 | NonConformant | Medium | Yes |
| Tin | Estanho de Rondonia S.A. | Brazil | CID000448 | Conformant | Low | No |
| Tantalum | F&X Electro-Materials Ltd. | China | CID000460 | Conformant | Medium | Yes |
| Tin | Fabrica Auricchio Industria e Comercio Ltda. | Brazil | CID003582 | NonConformant | Low | No |
| Tin | Fenix Metals | Poland | CID000468 | Conformant | Medium | No |
| Gold | Fidelity Printers and Refiners Ltd. | Zimbabwe | CID002515 | Review Cant Proceed | High | Yes |
| Tantalum | FIR Metals & Resource Ltd. | China | CID002505 | Conformant | Low | No |
| Gold | Fujairah Gold FZC | United Arab Emirates | CID002584 | Outreach Required | Low | No |
| Tungsten | Fujian Xinlu Tungsten Co., Ltd. | China | CID003609 | Conformant | Low | Unknown |
| Tungsten | Ganzhou Jiangwu Ferrotungsten Co., Ltd. | China | CID002315 | Conformant | Medium | Yes |
| Tungsten | Ganzhou Seadragon W & Mo Co., Ltd. | China | CID002494 | Conformant | Medium | No |
| Tin | Gejiu City Fuxiang Industry and Trade Co., Ltd. | China | CID003410 | Outreach Required | Low | No |
| Tin | Gejiu Kai Meng Industry and Trade LLC | China | CID000942 | NonConformant | Medium | No |
| Tin | Gejiu Non-Ferrous Metal Processing Co., Ltd. | China | CID000538 | Conformant | Medium | No |
| Tin | Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. | China | CID001908 | NonConformant | Low | No |
| Tin | Gejiu Zili Mining And Metallurgy Co., Ltd. | China | CID000555 | NonConformant | Medium | No |
| Gold | GG Refinery Ltd. | Tanzania, United Republic Of | CID004506 | Conformant | Low | Unknown |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Gold | GGC Gujrat Gold Centre Pvt. Ltd. | India | CID002852 | NonConformant | Medium | No |
| Tantalum | Global Advanced Metals Aizu | Japan | CID002558 | Conformant | Medium | Yes |
| Tantalum | Global Advanced Metals Boyertown | United States Of America | CID002557 | Conformant | Medium | Yes |
| Tin | Global Advanced Metals Greenbushes Pty Ltd. | Australia | CID004754 | Conformant | Low | Unknown |
| Tungsten | Global Tungsten & Powders LLC | United States Of America | CID000568 | Conformant | Medium | Yes |
| Gold | Gold by Gold Colombia | Colombia | CID003641 | Conformant | Low | Unknown |
| Gold | Gold Coast Refinery | Ghana | CID003186 | Outreach Required | Low | No |
| Gold | Gold Refinery of Zijin Mining Group Co., Ltd. | China | CID002243 | Conformant | High | No |
| Gold | Great Wall Precious Metals Co., Ltd. of CBPM | China | CID001909 | Outreach Required | Low | No |
| Tin | Guangdong Hanhe Non-Ferrous Metal Co., Ltd. | China | CID003116 | Conformant | Medium | No |
| Gold | Guangdong Jinding Gold Limited | China | CID002312 | Outreach Required | Low | No |
| Tantalum | Guangdong Rising Rare Metals-EO Materials Ltd. | China | CID000291 | Conformant | Medium | Yes |
| Tungsten | Guangdong Xianglu Tungsten Co., Ltd. | China | CID000218 | Conformant | Low | No |
| Gold | Guoda Safina High-Tech Environmental Refinery Co., Ltd. | China | CID000651 | Outreach Required | Low | No |
| Tungsten | H.C. Starck Tungsten GmbH | Germany | CID002541 | Conformant | Medium | Yes |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Gold | Hangzhou Fuchunjiang Smelting Co., Ltd. | China | CID000671 | Outreach Required | Low | No |
| Tungsten | HANNAE FOR T Co., Ltd. | Korea, Republic Of | CID003978 | Outreach Required | Low | Unknown |
| Gold | Heimerle + Meule GmbH | Germany | CID000694 | Conformant | Medium | Yes |
| Tantalum | Hengyang King Xing Lifeng New Materials Co., Ltd. | China | CID002492 | Conformant | Low | No |
| Gold | Heraeus Germany GmbH Co. KG | Germany | CID000711 | Conformant | Low | No |
| Gold | Heraeus Metals Hong Kong Ltd. | China | CID000707 | Conformant | Low | No |
| Tungsten | Hubei Green Tungsten Co., Ltd. | China | CID003417 | Conformant | Low | No |
| Tin | HuiChang Hill Tin Industry Co., Ltd. | China | CID002844 | Conformant | Low | No |
| Gold | Hunan Chenzhou Mining Co., Ltd. | China | CID000767 | Outreach Required | Low | No |
| Tungsten | Hunan Chenzhou Mining Co., Ltd. | China | CID000766 | Conformant | Low | No |
| Gold | Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd. | China | CID000773 | Outreach Required | Low | Yes |
| Tungsten | Hunan Jintai New Material Co., Ltd. | China | CID000769 | NonConformant | Medium | No |
| Tungsten | Hunan Shizhuyuan Nonferrous Metals Co., Ltd. Chenzhou Tungsten Products Branch | China | CID002513 | Conformant | Medium | No |
| Gold | HwaSeong CJ CO., LTD. | Korea, Republic Of | CID000778 | Communication Suspended | Low | No |
| Tungsten | Hydrometallurg, JSC | Russian Federation | CID002649 | Review Cant Proceed | Medium | Yes |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Gold | Impala Platinum - Platinum Metals Refinery (PMR) | South Africa | CID004714 | Conformant | Low | Unknown |
| Gold | Industrial Refining Company | Belgium | CID002587 | NonConformant | High | No |
| Gold | Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd. | China | CID000801 | Conformant | Low | No |
| Gold | International Precious Metal Refiners | United Arab Emirates | CID002562 | Outreach Required | Low | No |
| Gold | Ishifuku Metal Industry Co., Ltd. | Japan | CID000807 | Conformant | Low | No |
| Gold | Istanbul Gold Refinery | Turkey | CID000814 | Conformant | Medium | Yes |
| Gold | Italpreziosi | Italy | CID002765 | Conformant | Low | No |
| Gold | JALAN & Company | India | CID002893 | Outreach Required | Low | No |
| Gold | Japan Mint | Japan | CID000823 | Conformant | Low | No |
| Tungsten | Japan New Metals Co., Ltd. | Japan | CID000825 | Conformant | Medium | No |
| Tungsten | Jiangwu H.C. Starck Tungsten Products Co., Ltd. | China | CID002551 | Conformant | Medium | Yes |
| Gold | Jiangxi Copper Co., Ltd. | China | CID000855 | Conformant | Low | No |
| Tantalum | Jiangxi Dinghai Tantalum & Niobium Co., Ltd. | China | CID002512 | Conformant | Low | No |
| Tungsten | Jiangxi Gan Bei Tungsten Co., Ltd. | China | CID002321 | Conformant | Medium | No |
| Tungsten | Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd. | China | CID002313 | Communication Suspended | Low | No |
| Tin | Jiangxi New Nanshan Technology Ltd. | China | CID001231 | Conformant | Medium | No |
| Tantalum | Jiangxi Sanshi Nonferrous Metals Co., Ltd | China | CID004813 | in Communication | Low | Unknown |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Tungsten | Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. | China | CID002318 | Conformant | Medium | No |
| Tantalum | Jiangxi Tuohong New Raw Material | China | CID002842 | Conformant | Low | No |
| Tungsten | Jiangxi Xinsheng Tungsten Industry Co., Ltd. | China | CID002317 | Conformant | Medium | Yes |
| Tungsten | Jiangxi Yaosheng Tungsten Co., Ltd. | China | CID002316 | Conformant | Low | No |
| Tantalum | JiuJiang JinXin Nonferrous Metals Co., Ltd. | China | CID000914 | Conformant | Medium | Yes |
| Tantalum | Jiujiang Tanbre Co., Ltd. | China | CID000917 | Conformant | Medium | Yes |
| Tantalum | Jiujiang Zhongao Tantalum & Niobium Co., Ltd. | China | CID002506 | Conformant | Medium | Yes |
| Tungsten | JSC "Kirovgrad Hard Alloys Plant" | Russian Federation | CID003408 | Review Cant Proceed | High | No |
| Gold | JSC Ekaterinburg Non-Ferrous Metal Processing Plant | Russian Federation | CID000927 | Review Cant Proceed | High | No |
| Gold | JSC Novosibirsk Refinery | Russian Federation | CID000493 | Review Cant Proceed | High | No |
| Gold | JSC Uralelectromed | Russian Federation | CID000929 | Review Cant Proceed | High | No |
| Gold | JX Nippon Mining & Metals Co., Ltd. | Japan | CID000937 | Conformant | Low | No |
| Gold | K.A. Rasmussen | Norway | CID003497 | Outreach Required | Medium | Yes |
| Gold | Kaloti Precious Metals | United Arab Emirates | CID002563 | Review Cant Proceed | High | No |
| Gold | Kazakhmys Smelting LLC | Kazakhstan | CID000956 | Outreach Required | Low | No |
| Gold | Kazzinc | Kazakhstan | CID000957 | Conformant | Low | No |
| Tantalum | KEMET de Mexico | Mexico | CID002539 | Conformant | Medium | Yes |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Tungsten | Kenee Mining Corporation Vietnam | Viet Nam | CID004619 | Conformant | Low | Unknown |
| Tungsten | Kennametal Fallon | United States Of America | CID000966 | Conformant | Medium | Yes |
| Tungsten | Kennametal Huntsville | United States Of America | CID000105 | Conformant | Medium | No |
| Gold | Kennecott Utah Copper LLC | United States Of America | CID000969 | Conformant | Low | No |
| Gold | KGHM Polska Miedz Spolka Akcyjna | Poland | CID002511 | Conformant | Low | No |
| Gold | Kojima Chemicals Co., Ltd. | Japan | CID000981 | Conformant | Low | No |
| Gold | Korea Zinc Co., Ltd. | Korea, Republic Of | CID002605 | Conformant | Low | No |
| Gold | Kundan Care Products Ltd. | India | CID003463 | Outreach Required | Medium | Yes |
| Gold | Kyrgyzaltyn JSC | Kyrgyzstan | CID001029 | NonConformant | Low | No |
| Gold | Kyshtym Copper-Electrolytic Plant ZAO | Russian Federation | CID002865 | Review Cant Proceed | High | No |
| Gold | L'azurde Company For Jewelry | Saudi Arabia | CID001032 | Review Cant Proceed | Low | No |
| Tungsten | Lianyou Metals Co., Ltd. | Taiwan, Province Of China | CID003407 | Conformant | Low | No |
| Tungsten | Lianyou Resources Co., Ltd. | Taiwan, Province Of China | CID004397 | Conformant | Low | Unknown |
| Gold | Lingbao Gold Co., Ltd. | China | CID001056 | Outreach Required | Medium | No |
| Gold | Lingbao Jinyuan Tonghui Refinery Co., Ltd. | China | CID001058 | Outreach Required | Low | No |
| Tungsten | LLC Vostok | Russian Federation | CID003643 | Review Cant Proceed | Medium | Unknown |
| Tin | Longnan Chuangyue Environmental Protection Technology Development Co., Ltd | China | CID004796 | Outreach Required | Low | Unknown |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Gold | L'Orfebre S.A. | Andorra | CID002762 | NonConformant | Medium | Yes |
| Gold | LS MnM Inc. | Korea, Republic Of | CID001078 | Conformant | Low | No |
| Gold | LT Metal Ltd. | Korea, Republic Of | CID000689 | Conformant | Low | No |
| Tin | Luna Smelter, Ltd. | Rwanda | CID003387 | Conformant | Medium | Yes |
| Gold | Luoyang Zijin Yinhui Gold Refinery Co., Ltd. | China | CID001093 | Outreach Required | Low | No |
| Tin | Ma'anshan Weitai Tin Co., Ltd. | China | CID003379 | NonConformant | Low | No |
| Tin | Magnu's Minerais Metais e Ligas Ltda. | Brazil | CID002468 | Conformant | Medium | No |
| Tungsten | MALAMET SMELTING SDN. BHD. | Malaysia | CID004056 | Outreach Required | Low | Unknown |
| Tin | Malaysia Smelting Corporation (MSC) | Malaysia | CID001105 | Conformant | Medium | Yes |
| Tin | Malaysia Smelting Corporation Berhad (Port Klang) | Malaysia | CID004434 | Conformant | Low | Unknown |
| Tungsten | Malipo Haiyu Tungsten Co., Ltd. | China | CID002319 | Conformant | Medium | No |
| Gold | Marsam Metals | Brazil | CID002606 | NonConformant | Low | No |
| Tungsten | Masan High-Tech Materials | Viet Nam | CID002543 | Conformant | Medium | No |
| Gold | Materion | United States Of America | CID001113 | Conformant | Low | No |
| Tantalum | Materion Newton Inc. | United States Of America | CID002548 | Conformant | Medium | Yes |
| Gold | Matsuda Sangyo Co., Ltd. | Japan | CID001119 | Conformant | Low | No |
| Gold | MD Overseas | India | CID003548 | Outreach Required | Low | No |
| Tin | Melt Metais e Ligas S.A. | Brazil | CID002500 | Active | Medium | No |
| Gold | Metal Concentrators SA (Pty) Ltd. | South Africa | CID003575 | Conformant | Low | No |

---

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Tin | Metallic Resources, Inc. | United States Of America | CID001142 | Conformant | Medium | No |
| Gold | Metallix Refining Inc. | United States Of America | CID003557 | Outreach Required | Low | Unknown |
| Tantalum | Metallurgical Products India Pvt., Ltd. | India | CID001163 | Conformant | Low | No |
| Gold | Metalor Technologies (Hong Kong) Ltd. | China | CID001149 | Conformant | Medium | Yes |
| Gold | Metalor Technologies (Singapore) Pte., Ltd. | Singapore | CID001152 | Conformant | Low | No |
| Gold | Metalor Technologies (Suzhou) Ltd. | China | CID001147 | Conformant | Low | No |
| Gold | Metalor Technologies S.A. | Switzerland | CID001153 | Conformant | Medium | Yes |
| Gold | Metalor USA Refining Corporation | United States Of America | CID001157 | Conformant | Low | No |
| Gold | Metalurgica Met-Mex Penoles S.A. De C.V. | Mexico | CID001161 | Conformant | Low | No |
| Tantalum | Mineracao Taboca S.A. | Brazil | CID001175 | Conformant | Low | No |
| Tin | Mineracao Taboca S.A. | Brazil | CID001173 | Conformant | Low | No |
| Tin | Mining Minerals Resources SARL | Congo, Democratic Republic Of The | CID004065 | Conformant | Medium | Yes |
| Tin | Minsur | Peru | CID001182 | Conformant | Medium | No |
| Tin | Mitsubishi Materials Corporation | Japan | CID001191 | Conformant | Low | No |
| Gold | Mitsubishi Materials Corporation | Japan | CID001188 | Conformant | Medium | Yes |
| Tantalum | Mitsui Mining and Smelting Co., Ltd. | Japan | CID001192 | Conformant | Medium | Yes |
| Gold | Mitsui Mining and Smelting Co., Ltd. | Japan | CID001193 | Conformant | Low | No |
| Gold | MKS PAMP SA | Switzerland | CID001352 | Conformant | Medium | Yes |

---

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Gold | MMTC-PAMP India Pvt., Ltd. | India | CID002509 | Conformant | Medium | Yes |
| Tin | Modeltech Sdn Bhd | Malaysia | CID002858 | NonConformant | Low | No |
| Gold | Modeltech Sdn Bhd | Malaysia | CID002857 | NonConformant | Low | No |
| Tungsten | Moliren Ltd. | Russian Federation | CID002845 | Review Cant Proceed | High | No |
| Gold | Morris and Watson | New Zealand | CID002282 | Outreach Required | Low | No |
| Gold | Moscow Special Alloys Processing Plant | Russian Federation | CID001204 | Review Cant Proceed | High | No |
| Gold | Nadir Metal Rafineri San. Ve Tic. A.S. | Turkey | CID001220 | Conformant | Low | No |
| Tungsten | Nam Viet Cromit Joint Stock Company | Viet Nam | CID004034 | Outreach Required | Low | Unknown |
| Gold | Navoi Mining and Metallurgical Combinat | Uzbekistan | CID001236 | Conformant | Low | No |
| Tin | Nghe Tinh Non-Ferrous Metals Joint Stock Company | Viet Nam | CID002573 | Outreach Required | Medium | Yes |
| Gold | NH Recytech Company | Korea, Republic Of | CID003189 | Conformant | Low | No |
| Tungsten | Niagara Refining LLC | United States Of America | CID002589 | Conformant | Medium | No |
| Gold | Nihon Material Co., Ltd. | Japan | CID001259 | Conformant | Medium | Yes |
| Tantalum | Ningxia Orient Tantalum Industry Co., Ltd. | China | CID001277 | Conformant | Medium | Yes |
| Gold | NOBLE METAL SERVICES | United States Of America | CID003690 | Outreach Required | Low | Unknown |
| Tin | Novosibirsk Tin Combine | Russian Federation | CID001305 | Review Cant Proceed | Medium | No |
| Tantalum | NPM Silmet AS | Estonia | CID001200 | Conformant | Medium | Yes |
| Tungsten | NPP Tyazhmetprom LLC | Russian Federation | CID003416 | Review Cant Proceed | High | No |
| Tin | O.M. Manufacturing (Thailand) Co., Ltd. | Thailand | CID001314 | Conformant | Low | No |

---

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---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Tin | O.M. Manufacturing Philippines, Inc. | Philippines | CID002517 | Conformant | Medium | No |
| Gold | Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH | Austria | CID002779 | Active | Medium | No |
| Gold | Ohura Precious Metal Industry Co., Ltd. | Japan | CID001325 | Conformant | Low | No |
| Gold | OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet) | Russian Federation | CID001326 | Review Cant Proceed | High | No |
| Tungsten | OOO "Technolom" 1 | Russian Federation | CID003614 | Review Cant Proceed | Medium | Unknown |
| Tungsten | OOO "Technolom" 2 | Russian Federation | CID003612 | Review Cant Proceed | Medium | Unknown |
| Tin | Operaciones Metalurgicas S.A. | Bolivia (Plurinational State Of) | CID001337 | Conformant | Medium | No |
| Gold | Pease & Curren | United States Of America | CID002872 | Communication Suspended | Medium | No |
| Gold | Penglai Penggang Gold Industry Co., Ltd. | China | CID001362 | Outreach Required | Low | No |
| Tungsten | Philippine Bonway Manufacturing Industrial Corporation | Philippines | CID004797 | Conformant | Low | Unknown |
| Tungsten | Philippine Carreytech Metal Corp. | Philippines | CID004438 | Active | Low | Unknown |
| Tungsten | Philippine Chuangxin Industrial Co., Inc. | Philippines | CID002827 | Conformant | Low | No |
| Gold | Planta Recuperadora de Metales SpA | Chile | CID002919 | Conformant | Low | No |
| Tin | Pongpipat Company Limited | Myanmar | CID003208 | Outreach Required | Medium | No |
| Tantalum | PowerX Ltd. | Rwanda | CID004054 | Conformant | Low | Unknown |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Tin | Precious Minerals and Smelting Limited | India | CID003409 | NonConformant | Low | No |
| Gold | Prioksky Plant of Non-Ferrous Metals | Russian Federation | CID001386 | Review Cant Proceed | High | No |
| Gold | PT Aneka Tambang (Persero) Tbk | Indonesia | CID001397 | Conformant | Low | No |
| Tin | PT Aries Kencana Sejahtera | Indonesia | CID000309 | Conformant | Medium | No |
| Tin | PT Artha Cipta Langgeng | Indonesia | CID001399 | Conformant | Medium | No |
| Tin | PT ATD Makmur Mandiri Jaya | Indonesia | CID002503 | Conformant | Medium | No |
| Tin | PT Babel Inti Perkasa | Indonesia | CID001402 | Conformant | Medium | No |
| Tin | PT Babel Surya Alam Lestari | Indonesia | CID001406 | Conformant | Low | No |
| Tin | PT Bangka Prima Tin | Indonesia | CID002776 | Conformant | Medium | No |
| Tin | PT Bangka Serumpun | Indonesia | CID003205 | Conformant | Medium | No |
| Tin | PT Bangka Tin Industry | Indonesia | CID001419 | Conformant | Medium | Yes |
| Tin | PT Belitung Industri Sejahtera | Indonesia | CID001421 | Conformant | Medium | No |
| Tin | PT Bukit Timah | Indonesia | CID001428 | Conformant | Medium | No |
| Tin | PT Cipta Persada Mulia | Indonesia | CID002696 | Conformant | Low | No |
| Tin | PT Menara Cipta Mulia | Indonesia | CID002835 | Conformant | Medium | No |
| Tin | PT Mitra Graha Raya | Indonesia | CID004685 | Outreach Required | Low | Unknown |
| Tin | PT Mitra Stania Prima | Indonesia | CID001453 | Conformant | Medium | No |
| Tin | PT Mitra Sukses Globalindo | Indonesia | CID003449 | Conformant | Low | No |
| Tin | PT Panca Mega Persada | Indonesia | CID001457 | Outreach Required | Medium | No |
| Tin | PT Premium Tin Indonesia | Indonesia | CID000313 | Conformant | Medium | No |
| Tin | PT Prima Timah Utama | Indonesia | CID001458 | Conformant | Medium | No |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Tin | PT Putera Sarana Shakti (PT PSS) | Indonesia | CID003868 | Conformant | Low | Unknown |
| Tin | PT Rajawali Rimba Perkasa | Indonesia | CID003381 | Conformant | Low | No |
| Tin | PT Rajehan Ariq | Indonesia | CID002593 | Conformant | Medium | No |
| Tin | PT Refined Bangka Tin | Indonesia | CID001460 | Conformant | Medium | No |
| Tin | PT Sariwiguna Binasentosa | Indonesia | CID001463 | Conformant | Medium | No |
| Tin | PT Stanindo Inti Perkasa | Indonesia | CID001468 | Conformant | Medium | No |
| Tin | PT Sukses Inti Makmur | Indonesia | CID002816 | Conformant | Medium | No |
| Tin | PT Timah Nusantara | Indonesia | CID001486 | Conformant | Medium | No |
| Tin | PT Timah Tbk Kundur | Indonesia | CID001477 | Conformant | Medium | No |
| Tin | PT Timah Tbk Mentok | Indonesia | CID001482 | Conformant | Medium | No |
| Tin | PT Tinindo Inter Nusa | Indonesia | CID001490 | Conformant | Medium | No |
| Tin | PT Tirus Putra Mandiri | Indonesia | CID002478 | Outreach Required | Low | No |
| Tin | PT Tommy Utama | Indonesia | CID001493 | Conformant | Low | No |
| Gold | PX Precinox S.A. | Switzerland | CID001498 | Conformant | Low | No |
| Gold | QG Refining, LLC | United States Of America | CID003324 | Outreach Required | Medium | Yes |
| Tantalum | QuantumClean | United States Of America | CID001508 | Conformant | Low | No |
| Gold | Rand Refinery (Pty) Ltd. | South Africa | CID001512 | Conformant | Medium | Yes |
| Gold | Refinery of Seemine Gold Co., Ltd. | China | CID000522 | Outreach Required | Low | No |
| Gold | REMONDIS PMR B.V. | Netherlands | CID002582 | Conformant | Low | No |
| Tantalum | Resind Industria e Comercio Ltda. | Brazil | CID002707 | Conformant | Low | No |
| Tin | Resind Industria e Comercio Ltda. | Brazil | CID002706 | Conformant | Medium | Yes |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Tantalum | RFH Yancheng Jinye New Material Technology Co., Ltd. | China | CID003583 | Conformant | Low | Unknown |
| Tin | RIKAYAA GREENTECH PRIVATE LIMITED | India | CID004692 | Outreach Required | Low | Unknown |
| Gold | Royal Canadian Mint | Canada | CID001534 | Conformant | Low | No |
| Tin | Rui Da Hung | Taiwan, Province Of China | CID001539 | Conformant | Medium | No |
| Gold | SAAMP | France | CID002761 | NonConformant | Medium | No |
| Gold | Sabin Metal Corp. | United States Of America | CID001546 | Communication Suspended | Medium | No |
| Gold | Safimet S.p.A | Italy | CID002973 | NonConformant | Medium | Yes |
| Gold | SAFINA A.S. | Czechia | CID002290 | Conformant | Low | No |
| Gold | Sai Refinery | India | CID002853 | Outreach Required | Low | No |
| Gold | Sam Precious Metals | United Arab Emirates | CID003666 | in Communication | Low | Unknown |
| Gold | Samduck Precious Metals | Korea, Republic Of | CID001555 | NonConformant | Medium | Yes |
| Gold | Samwon Metals Corp. | Korea, Republic Of | CID001562 | Communication Suspended | Low | No |
| Gold | SEMPSA Joyeria Plateria S.A. | Spain | CID001585 | Conformant | Low | No |
| Gold | Shandong Gold Smelting Co., Ltd. | China | CID001916 | Conformant | High | Yes |
| Gold | Shandong Humon Smelting Co., Ltd. | China | CID002525 | Outreach Required | Low | No |
| Gold | Shandong Tiancheng Biological Gold Industrial Co., Ltd. | China | CID001619 | Outreach Required | Low | No |
| Gold | Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | China | CID001622 | Conformant | High | No |
| Gold | Shenzhen CuiLu Gold Co., Ltd. | China | CID002750 | Outreach Required | Low | Unknown |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Gold | SHENZHEN JINJUNWEI RESOURCE COMPREHENSIVE DEVELOPMENT CO., LTD. | China | CID004435 | Outreach Required | Low | Unknown |
| Gold | Shenzhen Zhonghenglong Real Industry Co., Ltd. | China | CID002527 | Outreach Required | Low | No |
| Tungsten | Shinwon Tungsten (Fujian Shanghang) Co., Ltd. | China | CID004430 | Conformant | Low | Unknown |
| Gold | Shirpur Gold Refinery Ltd. | India | CID002588 | Outreach Required | Low | No |
| Gold | Sichuan Tianze Precious Metals Co., Ltd. | China | CID001736 | Conformant | Low | No |
| Gold | Singway Technology Co., Ltd. | Taiwan, Province Of China | CID002516 | NonConformant | Low | No |
| Gold | SOE Shyolkovsky Factory of Secondary Precious Metals | Russian Federation | CID001756 | Review Cant Proceed | High | No |
| Gold | Solar Applied Materials Technology Corp. | Taiwan, Province Of China | CID001761 | Conformant | Low | No |
| Tantalum | Solikamsk Magnesium Works OAO | Russian Federation | CID001769 | Review Cant Proceed | High | No |
| Gold | Sovereign Metals | India | CID003383 | Outreach Required | Medium | Yes |
| Gold | State Research Institute Center for Physical Sciences and Technology | Lithuania | CID003153 | Outreach Required | Medium | Yes |
| Gold | Sudan Gold Refinery | Sudan | CID002567 | Outreach Required | High | Yes |
| Gold | Sumitomo Metal Mining Co., Ltd. | Japan | CID001798 | Conformant | Low | No |
| Gold | SungEel HiMetal Co., Ltd. | Korea, Republic Of | CID002918 | Conformant | Low | No |
| Gold | Super Dragon Technology Co., Ltd. | Taiwan, Province Of China | CID001810 | Outreach Required | Low | No |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Tin | Super Ligas | Brazil | CID002756 | Conformant | Medium | Yes |
| Gold | T.C.A S.p.A | Italy | CID002580 | Conformant | Low | No |
| Tin | Takehara PVD Materials Plant / PVD Materials Division of MITSUI MINING & SMELTING CO., LTD. | Japan | CID004403 | Conformant | Low | No |
| Tantalum | Taki Chemical Co., Ltd. | Japan | CID001869 | Conformant | Low | No |
| Gold | Tanaka Kikinzoku Kogyo K.K. | Japan | CID001875 | Conformant | Low | No |
| Tantalum | TANIOBIS Co., Ltd. | Thailand | CID002544 | Conformant | Medium | Yes |
| Tantalum | TANIOBIS GmbH | Germany | CID002545 | Conformant | Medium | Yes |
| Tantalum | TANIOBIS Japan Co., Ltd. | Japan | CID002549 | Conformant | Medium | Yes |
| Tantalum | TANIOBIS Smelting GmbH & Co. KG | Germany | CID002550 | Conformant | Medium | Yes |
| Tungsten | TANIOBIS Smelting GmbH & Co. KG | Germany | CID002542 | Conformant | Medium | Yes |
| Tantalum | Telex Metals | United States Of America | CID001891 | Conformant | Medium | Yes |
| Tin | Thaisarco | Thailand | CID001898 | Conformant | Medium | Yes |
| Tin | Tin Smelting Branch of Yunnan Tin Co., Ltd. | China | CID002180 | Conformant | Low | No |
| Tin | Tin Technology & Refining | United States Of America | CID003325 | Conformant | Low | No |
| Gold | Tokuriki Honten Co., Ltd. | Japan | CID001938 | Conformant | Low | No |
| Gold | Tongling Nonferrous Metals Group Co., Ltd. | China | CID001947 | Outreach Required | Low | No |
| Gold | TOO Tau-Ken-Altyn | Kazakhstan | CID002615 | Conformant | Low | No |
| Gold | Torecom | Korea, Republic Of | CID001955 | NonConformant | Low | No |
| Tungsten | Tungsten Vietnam Joint Stock Company | Viet Nam | CID003993 | Conformant | Low | Unknown |

---

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---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Tin | Tuyen Quang Non-Ferrous Metals Joint Stock Company | Viet Nam | CID002574 | Outreach Required | Low | No |
| Tantalum | Ulba Metallurgical Plant JSC | Kazakhstan | CID001969 | Conformant | Medium | Yes |
| Cobalt | Umicore Finland Oy | Finland | CID003226 | Conformant | Low | No |
| Gold | Umicore Precious Metals Thailand | Thailand | CID002314 | NonConformant | Low | No |
| Gold | Umicore S.A. Business Unit Precious Metals Refining | Belgium | CID001980 | Conformant | Low | No |
| Tungsten | Unecha Refractory metals plant | Russian Federation | CID002724 | NonConformant | Medium | No |
| Gold | United Precious Metal Refining, Inc. | United States Of America | CID001993 | Conformant | Low | No |
| Gold | Valcambi S.A. | Switzerland | CID002003 | Conformant | Medium | Yes |
| Tin | VQB Mineral and Trading Group JSC | Viet Nam | CID002015 | Outreach Required | Medium | Yes |
| Gold | WEEEREFINING | France | CID003615 | Conformant | Low | Unknown |
| Gold | Western Australian Mint (T/a The Perth Mint) | Australia | CID002030 | Conformant | Low | No |
| Tin | White Solder Metalurgia e Mineracao Ltda. | Brazil | CID002036 | Conformant | Medium | Yes |
| Gold | WIELAND Edelmetalle GmbH | Germany | CID002778 | Conformant | Low | No |
| Tungsten | Wolfram Bergbau und Hutten AG | Austria | CID002044 | Conformant | Medium | Yes |
| Tin | Woodcross Smelting Company Limited | Uganda | CID004724 | Conformant | Low | Unknown |
| Tungsten | Xiamen Tungsten (H.C.) Co., Ltd. | China | CID002320 | Conformant | Medium | Yes |
| Tungsten | Xiamen Tungsten Co., Ltd. | China | CID002082 | Conformant | Medium | Yes |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Tantalum | XIMEI RESOURCES (GUANGDONG) LIMITED | China | CID000616 | Conformant | Medium | Yes |
| Tantalum | XinXing HaoRong Electronic Material Co., Ltd. | China | CID002508 | Conformant | Low | No |
| Gold | Yamakin Co., Ltd. | Japan | CID002100 | Conformant | Low | No |
| Tantalum | Yanling Jincheng Tantalum & Niobium Co., Ltd. | China | CID001522 | Conformant | Low | No |
| Gold | Yokohama Metal Co., Ltd. | Japan | CID002129 | Conformant | Medium | Yes |
| Tungsten | YUDU ANSHENG TUNGSTEN CO., LTD. | China | CID003662 | Outreach Required | Low | Unknown |
| Tin | Yunnan Chengfeng Non-ferrous Metals Co., Ltd. | China | CID002158 | Conformant | Medium | No |
| Gold | Yunnan Copper Industry Co., Ltd. | China | CID000197 | Outreach Required | Medium | Yes |
| Tin | Yunnan Yunfan Non-ferrous Metals Co., Ltd. | China | CID003397 | Conformant | Medium | No |
| Gold | Zhongyuan Gold Smelter of Zhongjin Gold Corporation | China | CID002224 | Conformant | Low | No |

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**Appendix B:**

Countries of origin:

This list of potential countries of origin is populated based on publicly available information, our RCOI and due diligence. It is important to note that this is also based on company level responses and therefore, it is not certain which of these countries of origin can be linked to our products.

Andorra, Angola, Argentina, Armenia, Australia, Austria, Azerbaijan, Belarus, Belgium, Benin, Bermuda, Bolivia (Plurinational State of), Botswana, Brazil, Bulgaria, Burkina Faso, Burundi, Cambodia, Canada, Central African Republic, Chile, China, Colombia, Congo, Cyprus, Democratic Republic of Congo, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Eritrea, Estonia, Ethiopia, Fiji, Finland, France, Georgia, Germany, Ghana, Guatemala, Guinea, Guyana, Honduras, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Jersey, Kazakhstan, Kenya, Korea, Kyrgyzstan, Liechtenstein, Lithuania, Luxembourg, Madagascar, Malaysia, Mali, Mauritania, Mexico, Mongolia, Morocco, Mozambique, Myanmar, Namibia, Netherlands, New Zealand, Nicaragua, Niger, Nigeria,

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Oman, Panama, Papua New Guinea, Peru, Philippines, Poland, Portugal, Recycled/Scrap, Russian Federation, Rwanda, Saudi Arabia, Senegal, Serbia, Sierra Leone, Singapore, Slovakia, Solomon Islands, South Africa, South Sudan, Spain, Sudan, Suriname, Sweden, Switzerland, Taiwan, Tajikistan, Tanzania, Thailand, Turkey, Uganda, United Arab Emirates, United Kingdom, United States, Uruguay, Uzbekistan, Vietnam, Zambia, Zimbabwe.

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