South Korea: LG Chem Vows to Refrain from Using ‘Conflict Minerals’

Jul 30, 2018 | Kim Da-sol, The Korea Herald
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South Korea’s leading chemicals company LG Chem said Monday it would refrain from using four “conflict materials” as part of the company’s strengthened corporate social responsibilities concerning its supply chain. The four conflict materials include gold, coltan, tin and tungsten. These minerals are known as conflict minerals because much of the supply is sourced from the Democratic Republic of the Congo and neighboring countries where a decades long civil war is being waged. LG Chem said in a 2017 sustainability report published Monday that it banned the purchase of the four conflict minerals from last year.