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Ulba Metallurgical Plant
Joint-Stock Company

Conflict free

Responsible tantalum sourcing

One of the most important components of the procurement business activities of ULBA is tantalum raw materials sourcing from legal, proven sources that allow making supply chain traceability in full.

We have been developing business practices to support the responsible tantalum sourcing, which is often mined in conflict affected and high-risk areas, using tools and resources that improve alignment with the Responsible Minerals Assurance Process, meet international standards and support industry and stakeholders expectations. 

Responsible tantalum sourcing


Strong due diligence management system

 

Strong due diligence management system

We have established and maintain an appropriate level of functioning of the due diligence management system, ensuring its effectiveness, constantly introducing improvements.

 

Risk identification and assessment

 

Risk identification and assessment

We take a risk-based approach in our work on the responsible tantalum sourcing. 

 

Response to identified risks

We have developed a risk mitigation strategy consisting of preventive and reactive measures, which we apply in response to identified risks.

 

Independent assessments conduction

 

Independent assessments conduction

We undergo annual third-party assessments for compliance with Responsible Minerals Assurance Process (RMAP) assessment protocol. ULBA is in the list of Conformant Tantalum Smelters aligned with RMAP.

 

Public report

 

Public report

We publish an annual due diligence report, in which we share updates and results of the responsible sourcing system of ULBA for the reporting period.

 


 

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Date of update: 18.12.2024