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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549FORM SD SPECIALIZED DISCLOSURE REPORTSYNAPTICS INCORPORATED (Exact name of registrant as specified in its charter)DELAWARE00049602770118518(State
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Any individual, organization, or company that is engaged in the manufacturing or importing of products containing conflict minerals needs to fill out section 1 of the conflict minerals form. This includes companies in industries like electronics, automotive, aerospace, jewelry, and more.
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Section 1 conflict minerals refer to minerals sourced from areas of conflict and human rights abuses, such as gold, tantalum, tin, and tungsten.
Companies that are listed on U.S. stock exchanges and manufacture or contract to manufacture products containing conflict minerals are required to file section 1 conflict minerals.
Section 1 conflict minerals are filled out using the designated form provided by the Securities and Exchange Commission (SEC), where companies must disclose their use of conflict minerals and efforts to mitigate sourcing from conflict regions.
The purpose of section 1 conflict minerals is to encourage transparency in supply chains and prevent the financing of armed conflict and human rights abuses through the sourcing of conflict minerals.
Companies must report on the origin of conflict minerals used in their products, the efforts taken to trace and audit the supply chain, and any due diligence measures implemented.
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