In a few regions of the world, there is a risk that funds obtained from the exploitation of raw materials could be used to finance armed conflicts. A whole series of initiatives have attempted to break the link between the mining of minerals and the funding of conflicts, including Section 1502 of the American Dodd-Frank Act.
The European Parliament has likewise adopted due diligence guidelines in EU Regulation No. 2017/821, which is aimed at importers of minerals from conflict-affected areas (tin, tantalum, tungsten and gold).
Although there is no direct obligation on LTN Servotechnik GmbH to provide information, we sympathise with the constructive goals of this legislation and therefore cooperate very closely with selected suppliers to avoid the use of conflict materials.
For further information download PDF of the official statement on the conflict minerals.