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Form SD MCDERMOTT INTERNATIONAL

May 31, 2016 4:57 PM EDT

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM SD

Specialized Disclosure Report

 

 

McDermott International, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

REPUBLIC OF PANAMA   001-08430   72-0593134
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)
757 N. Eldridge Parkway  
Houston, Texas   77079
(Address of principal executive offices)   (Zip Code)

Liane K. Hinrichs, 281-870-5697

(Name and telephone number, including area code, of the person to contact in connection with this report.)

 

 

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:

 

þ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1, 2015 to December 31, 2015.

 

 

 


Section 1 – Conflict Minerals Disclosure

 

Item 1.01 Conflict Minerals Disclosure and Report

Conflict Minerals Disclosure

A copy of this Form SD and the Conflict Minerals Report, filed as Exhibit 1.01 hereto, are publicly available on our Web site at: http://www.mcdermott.com/wp-content/uploads/2015/07/McDermott-Conflict-Minerals-Policy-and-Form-SD-and-CMR-FINAL.pdf

 

Item 1.02 Exhibit.

We have included the Conflict Minerals Report as Exhibit 1.01 to this Form SD.

Section 2 – Exhibits

 

Item 2.01 Exhibits

Exhibit 1.01 – Conflict Minerals Report.


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 duly authorized undersigned.

 

McDermott International, Inc.
By:  

/s/ Liane K. Hinrichs

  Liane K. Hinrichs
 

Senior Vice President, General Counsel

and Corporate Secretary

Date:   May 31, 2016


EXHIBIT INDEX

Exhibit 1.01 – Conflict Minerals Report

Exhibit 1.01

McDermott International, Inc.

Conflict Minerals Report

For the reporting period from January 1, 2015 to December 31, 2015

 

1. Introduction

This Conflict Minerals Report (this “Report”) of McDermott International, Inc. (together with its consolidated subsidiaries, “McDermott,” “we” or “us”) has been prepared pursuant to Rule 13p-1 promulgated by the U.S. Securities and Exchange Commission (the “SEC”) under the Securities Exchange Act of 1934, as amended (together with Form SD adopted by the SEC pursuant to its Release No. 34-67716, the “Conflict Minerals Rule”), for the reporting period January 1, 2015 to December 31, 2015 (the “Reporting Period”). The Conflict Minerals Rule addresses disclosure of certain information when an SEC registrant manufactures or contracts to manufacture products and any one or more of the minerals specified in the Conflict Minerals Rule are necessary to the functionality or production of those products. The specified minerals are gold, as well as columbite-tantalite (coltan), cassiterite and wolframite and their respective derivatives tantalum, tin and tungsten (collectively, the “Covered Minerals”). The “Covered Countries” for the purposes of the Conflict Minerals Rule are the Democratic Republic of the Congo, the Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania, Zambia and Angola. During the Reporting Period, we manufactured, or contracted to manufacture, Projects (as described below) for customers and for which Covered Minerals were or may have been necessary to their functionality or production.

 

2. Company Overview

McDermott is a leading provider of integrated engineering, procurement, construction and installation (“EPCI”) and module fabrication services for upstream field developments worldwide. Providing fully integrated EPCI services, we deliver fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning. Operating in approximately 20 countries across the Americas, Europe, Africa, the Middle East and Asia, our integrated resources include approximately 11,200 employees and a diversified fleet of marine vessels, fabrication facilities and engineering offices.

 

3. Description of the Projects Covered by this Report

This Report relates to projects: (i) for which Covered Minerals were or may be necessary to the functionality or production; (ii) that were manufactured, or contracted to be manufactured, for customers by McDermott; and (iii) for which the manufacture was completed during the Reporting Period. Those projects (“Projects”) include the following:

 

    offshore oil and gas platforms, including piles, modules, living quarters, wellhead decks, production decks, deck upgrades and jackets;

 

    subsea installations, including modules, support frames, pipeline end terminals (PLETs) and pipeline end manifolds (PLEMs); and

 

    subsea pipelines, including reeled and traditional layed in various diameters, lengths, materials, insulations and coatings.

 

1


4. Reasonable Country of Origin Inquiry and Due Diligence

Reasonable Country of Origin Inquiry

We conducted, in good faith, a reasonable country of origin inquiry (“RCOI”) that we believe was reasonably designed to determine whether any of the Covered Minerals that were necessary to the functionality or production of the Projects originated in any of the Covered Countries and whether any of such Covered Minerals may have been from recycled or scrap sources.

We commenced our RCOI process by determining, based on an annual review and analysis of our supplier base, specific suppliers that might have provided materials or components containing Covered Minerals necessary to the functionality or production of the Projects (the “In-scope Suppliers”). The In-scope Suppliers were requested to provide information regarding the presence and sourcing of Covered Minerals used in the materials supplied to McDermott. Information was collected and stored using an online platform provided by a third-party vendor, Source Intelligence. This supplier engagement consisted of the following steps:

 

    an introductory communication was issued by McDermott to the In-scope Suppliers describing the compliance requirements, introducing them to Source Intelligence and requesting their cooperation in providing the requested information;

 

    thereafter, Source Intelligence issued a communication to the In-scope Suppliers, providing further information on the compliance requirements and information on how to access the online platform and requesting completion of the Conflict-Free Sourcing Initiative’s Conflict Minerals Reporting Template (the “CMR Template”);

 

    following Source Intelligence’s initial communication, up to five reminder emails were issued to each non-responsive In-scope Supplier, further requesting completion of the CMR Template;

 

    In-scope Suppliers who remained non-responsive were reached out to by Source Intelligence via telephone and offered additional assistance, including but not limited to, further information about the Conflict Minerals Rule, an explanation of why the information was being collected, a review of how the information would be used and clarification regarding how the information needed could be provided; and

 

    if, after these efforts, a given In-scope Supplier still remained non-responsive, an escalation process was initiated, which consisted of direct outreach by McDermott to such In-Scope Suppliers requesting their completion of the CMR Template with Source Intelligence following up in a timely manner.

Approximately 35% of the In-scope Suppliers responded to our requests. Of those responsive In-scope Suppliers, approximately 7% responded that Covered Minerals were contained within the products or materials they provided to McDermott. Based on the information we obtained in the RCOI process, we believe that certain of our Projects may contain Covered Minerals originating from the Covered Countries. Accordingly, we undertook due diligence efforts to determine the source and chain of custody of such Covered Minerals.

 

2


Due Diligence Efforts

McDermott has exercised due diligence on the source and chain of custody of the Covered Minerals contained in our Projects. McDermott’s due diligence measures were designed based on the framework in the Organisation for Economic Co-operation and Development Due Diligence Guidance for Responsible Supply Chain of Minerals from Conflict-Affected and High Risk Areas: Second Edition, including the related supplements on gold, tin, tantalum and tungsten.

McDermott’s due diligence measures included the following:

 

    Maintained a Conflict Minerals Policy, which is available on McDermott’s Web site at: http://www.mcdermott.com/wp-content/uploads/2015/07/McDermott-Conflict-Minerals-Policy-and-Form-SD-and-CMR-FINAL.pdf

 

    Utilized an internal, cross-functional team to support supply chain due diligence.

 

    Undertook actions, including the engagement of a third-party vendor, Source Intelligence, to increase transparency over the supply chain.

 

    Applied internal measures to strengthen engagement with suppliers, including through contractual representations from suppliers that they do not procure Covered Minerals from the Covered Countries.

 

    Requested that suppliers complete a questionnaire on the CMR Template to identify Covered Minerals smelters or refiners and associated countries of origin.

 

    Identified smelters or refiners in the supply chain, to the extent practicable, based on information provided by suppliers.

 

    Evaluated supplier responses for plausibility and consistency, by cross-referencing against other supplier responses and publically available information concerning smelters or refiners identified.

 

    Reported findings of the RCOI and due diligence processes to senior management.

 

5. Determination

Many In-Scope Suppliers provided responses with smelter or refiner facilities information based on a company or divisional level, rather than a product-level specific to the materials and components we use. As such, and based on the limitations discussed above, McDermott does not have sufficient information to determine all of the facilities used to process Covered Minerals necessary to the functionality or production of the Products or the countries of origin of those Covered Minerals.

 

3


Our efforts to determine the mine or location of origin of the necessary Conflict Minerals with the greatest possible specificity are set forth above under Due Diligence Efforts. Set forth below is information regarding the processing facilities and countries of origin that the Company has identified based on the information provided by our In-Scope Suppliers and our due diligence efforts.

 

Metal

  

Smelter or Refiner Name

  

Country of Origin

  

Certification Status1

Tungsten

   A.L.M.T. TUNGSTEN Corp.    China    CFSP

Gold

   Advanced Chemical Company    United States    Other

Gold

   Aida Chemical Industries Co., Ltd.    Bolivia, Peru, Spain, Canada, Portugal, Japan, Recycle/Scrap    CFSP

Gold

   Al Etihad Gold    No known country of origin.    Other

Gold

   Allgemeine Gold-und Silberscheideanstalt A.G.    Germany, Thailand, Japan, Germany, Thailand, Japan, Recycle/Scrap    LBMA, CFSP

Gold

   Almalyk Mining and Metallurgical Complex (AMMC)    Mexico, China, Uzbekistan    LBMA, CFSP – Active

Tin

   Alpha    Thailand, Taiwan China, United States, Jersey, Chile, Peru, Spain Recycle/Scrap    CFSP

Tin

   An Thai Minerals Company Limited    No known country of origin.    CFSP – Active

Tin

   An Vinh Joint Stock Mineral Processing Company    No known country of origin.    Other

Gold

   AngloGold Ashanti Córrego do Sítio Mineração    Australia, Brazil, South Africa    LBMA, CFSP

Gold

   Argor-Heraeus SA    China, Argentina Chile, Singapore, Switzerland, Hong Kong, South Africa    LBMA, RJC, CFSP

Gold

   Asahi Pretec Corporation    Papua New Guinea    LBMA, CFSP

 

4


Gold

   Asahi Pretec Corporation    Hong Kong, Mexico, Recycle/Scrap Peru, Brazil, Guinea, Canada, Japan, Chile, United States, Argentina, Singapore, Australia, Recycle/Scrap    LBMA, CFSP

Gold

   Asahi Refining Canada Limited    No known country of origin.    LBMA, CFSP

Gold

   Asahi Refining USA Inc.    Canada, Hong Kong, Australia, China, Malaysia, United States    LBMA, CFSP

Gold

   Asaka Riken Co., Ltd.    Japan, Mexico, Armenia, Recycle/Scrap    CFSP

Tungsten

   Asia Tungsten Products Vietnam Ltd.    No known country of origin.    CFSP

Gold

   Atasay Kuyumculuk Sanayi Ve Ticaret A.S.    Brazil, Turkey    Other

Gold

   Aurubis AG    China, United States, Germany, Recycle/Scrap, Hong Kong    LBMA, CFSP

Tantalum

   Avon Specialty Metals Ltd    No known country of origin.    Other

Gold

   Bangko Sentral ng Pilipinas (Central Bank of the Philippines)    Canada, Philippines    LBMA, CFSP

Gold

   Bauer Walser AG    Germany    Other

Gold

   C. Hafner GmbH + Co. KG    Germany    LBMA, CFSP

Gold

   Caridad    Chile, Bolivia Japan, Mexico, China    Other

Gold

   CCR Refinery – Glencore Canada Corporation    Peru, Germany Zambia, Argentina DRC- Congo (Kinshasa), Australia, United States, Canada, Chile, Japan, Switzerland    LBMA, CFSP

Gold

   Cendres + Métaux SA    Germany, Australia, Switzerland, Recycle/Scrap    Other

 

5


Tungsten

   Chenzhou Diamond Tungsten Products Co., Ltd.    China    CFSP

Tin

   Chenzhou Yunxiang Mining and Metallurgy Company Limited    No known country of origin.    Other

Gold

   Chimet S.p.A.    Australia, Italy Mexico, Recycle/Scrap    LBMA, CFSP

Tin

   China Tin Group Co., Ltd.    China    CFSP

Tungsten

   Chongyi Zhangyuan Tungsten Co., Ltd.    China, Peru, Canada, Thailand, Russia    CFSP

Gold

   Chugai Mining    Japan, Canada    Other

Tin

   CNMC (Guangxi) PGMA Co. Ltd.    China    Other

Tantalum

   Conghua Tantalum and Niobium Smeltry    Rwanda, Niger China, Thailand, Ethiopia, India, Brazil    CFSP

Tin

   Cooperativa Metalurgica de Rondônia Ltda.    Peru, Brazil, Australia    CFSP

Tin

   CV Ayi Jaya    No known country of origin.    CFSP

Tin

   CV Gita Pesona    No known country of origin.    CFSP

Tin

   CV Serumpun Sebalai    Uzbekistan, United States, Brazil, Malaysia    CFSP

Tin

   CV United Smelting    China, Indonesia Malaysia, Peru, DRC- Congo (Kinshasa), Japan    CFSP

Tin

   CV Venus Inti Perkasa    No known country of origin.    CFSP

Tantalum

   D Block Metals, LLC    No known country of origin.    CFSP

Gold

   Daejin Indus Co., Ltd.    Japan, South Korea    Other

Gold

   Daye Non-Ferrous Metals Mining Ltd.    China    Other

Tungsten

   Dayu Jincheng Tungsten Industry Co., Ltd.    No known country of origin.    TICMC – Progressing

Tungsten

   Dayu Weiliang Tungsten Co., Ltd.    China    TICMC – Progressing

Gold

   DODUCO GmbH    No known country of origin; Recycle/Scrap    CFSP

Tin

   Dowa    No known country of origin.    Other

Gold

   DSC (Do Sung Corporation)    South Korea, Recycle/Scrap    Other

 

6


Tantalum

   Duoluoshan    Niger, Bolivia Japan, Thailand India, Brazil, Rwanda, China, Ethiopia, Malaysia, Nigeria    CFSP

Gold

   Eco-System Recycling Co., Ltd.    Japan, Canada, Bolivia, Recycle/Scrap    CFSP

Tin

   Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company    No known country of origin.    Other

Gold

   Elemetal Refining, LLC    Indonesia, Hong Kong, United States, Brazil Japan, Russia, Philippines, Kazakhstan    LBMA, CFSP

Tin

   Elmet S.L.U. (Metallo Group)    No known country of origin.    CFSP

Tin

   EM Vinto    Brazil, Peru, Canada, Russia China, Bolivia, Indonesia, DRC- Congo (Kinshasa), Malaysia, Germany    CFSP

Gold

   Emirates Gold DMCC    No known country of origin.    Other

Tin

   Estanho de Rondônia S.A.    Brazil, Taiwan    Other

Tantalum

   Exotech Inc.    No known country of origin.    CFSP

Tantalum

   F&X Electro-Materials Ltd.    Russia, China, Recycle/Scrap    CFSP

Gold

   Faggi Enrico S.p.A.    Italy, Recycle/Scrap    Other

Tin

   Feinhutte Halsbrucke GmbH    Poland, Germany    Other

Tin

   Fenix Metals    Poland, Brazil, Recycle/Scrap    CFSP

Tantalum

   FIR Metals & Resource Ltd.    Brazil    CFSP

Tungsten

   Fujian Jinxin Tungsten Co., Ltd.    Australia, China    CFSP

Gold

   Gansu Seemine Material Hi-Tech Co Ltd    China    Other

Tungsten

   Ganxian Shirui New Material Co., Ltd.    No known country of origin.    Other

Tungsten

   Ganzhou Huaxing Tungsten Products Co., Ltd.    Portugal, Canada, Peru, China, Spain,    CFSP

Tungsten

   Ganzhou Jiangwu Ferrotungsten Co., Ltd.    China    CFSP

 

7


Tungsten

   Ganzhou Non-ferrous Metals Smelting Co., Ltd.    Bolivia, Russia, China    TICMC – Progressing, CFSP – Active

Tungsten

   Ganzhou Yatai Tungsten Co., Ltd.    No known country of origin.    CFSP

Tin

   Gejiu Kai Meng Industry and Trade LLC    China, Peru, Indonesia, Bolivia Japan, Brazil, Canada    CFSP – Active

Tin

   Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.    No known country of origin.    Other

Tin

   Gejiu Zi-Li    Brazil, China    Other

Tantalum

   Global Advanced Metals Aizu    Australia, Canada, Japan    CFSP

Tantalum

   Global Advanced Metals Boyertown    Australia, Brazil Japan, China, Mozambique, United States, Canada    CFSP

Tungsten

   Global Tungsten & Powders Corp.    United States, China, Canada, Bolivia, Peru, Spain, Portugal    CFSP

Gold

   Guangdong Jinding Gold Limited    Australia, Taiwan, China    Other

Tungsten

   Guangdong Xianglu Tungsten Co., Ltd.    Russia, China, Canada, Thailand    CFSP

Tantalum

   Guangdong Zhiyuan New Material Co., Ltd.    Brazil, China, Nigeria, Sierra Leone    CFSP

Tantalum

   Guizhou Zhenhua Xinyun Technology Ltd., Kaili branch    No known country of origin.    Other

Tantalum

   H.C. Starck Co., Ltd.    Rwanda, Zimbabwe, India, Mozambique, Sierra Leone, Brazil, Namibia, Thailand, Ethiopia, Australia, Bolivia    CFSP

 

8


Tungsten

   H.C. Starck GmbH    Mozambique, Portugal, Australia Spain, Zimbabwe, United States, India, Thailand, China, Namibia, Estonia, Japan, Russia, Rwanda, Brazil, Germany, Sierra Leone, Peru, Bolivia, Ethiopia, Canada    CFSP

Tantalum

   H.C. Starck GmbH Goslar    Australia    CFSP

Tantalum

   H.C. Starck GmbH Goslar    Bolivia    CFSP

Tantalum

   H.C. Starck GmbH Goslar    Ethiopia, India, Namibia, Thailand, China, United States, Canada, Rwanda, Japan, Zimbabwe, Brazil, Mozambique, Germany, Sierra Leone    CFSP

Tantalum

   H.C. Starck GmbH Laufenburg    Zimbabwe, India China, Australia, Ethiopia, Mozambique, Canada, Germany, Namibia, Brazil, Rwanda, Bolivia, Sierra Leone, Japan    CFSP

Tantalum

   H.C. Starck Hermsdorf GmbH    Japan, Rwanda, Ethiopia, Mozambique, China, Germany, Brazil, Canada, India, Australia, Bolivia    CFSP

Tantalum

   H.C. Starck Inc.    Canada, Rwanda, Ethiopia, Bolivia, Japan, Australia, China, Germany, India, Brazil, Zimbabwe, Mozambique, Namibia, Sierra Leone, United States    CFSP

 

9


Tantalum

   H.C. Starck Smelting GmbH & Co.KG    No known country of origin.    CFSP

Gold

   Heimerle + Meule GmbH    Mozambique, South Africa, Australia, Canada, Malaysia, Austria, Hong Kong, Germany, Jersey, China, Philippines, Recycle/Scrap    LBMA, CFSP

Tantalum

   Hengyang King Xing Lifeng New Materials Co., Ltd.    China    CFSP

Gold

   Heraeus Ltd. Hong Kong    Malaysia, Mozambique, Taiwan, Canada, China, Philippines, Hong Kong, Thailand, France, Germany, South Africa, Australia, Japan, Laos, Peru, Switzerland, Singapore    LBMA, RJC, CFSP

Gold

   Heraeus Precious Metals GmbH & Co. KG    Germany    LBMA, CFSP

Gold

   Heraeus Precious Metals GmbH & Co. KG    Australia    LBMA, CFSP

Gold

   Heraeus Precious Metals GmbH & Co. KG    Bolivia    LBMA, CFSP

Gold

   Heraeus Precious Metals GmbH & Co. KG    Malaysia    LBMA, CFSP

Gold

   Heraeus Precious Metals GmbH & Co. KG    Hong Kong    LBMA, CFSP

Gold

   Heraeus Precious Metals GmbH & Co. KG    Peru    LBMA, CFSP

Gold

   Heraeus Precious Metals GmbH & Co. KG    China    LBMA, CFSP

Gold

   Heraeus Precious Metals GmbH & Co. KG    Switzerland    LBMA, CFSP

Gold

   Heraeus Precious Metals GmbH & Co. KG    Jersey    LBMA, CFSP

Gold

   Heraeus Precious Metals GmbH & Co. KG    United States    LBMA, CFSP

Gold

   Heraeus Precious Metals GmbH & Co. KG    Chile    LBMA, CFSP

Tantalum

   Hi-Temp Specialty Metals, Inc.    India, Mozambique, Zimbabwe, Ethiopia, Bolivia, Sierra Leone, Rwanda, Namibia, United States, Brazil, China, Australia    CFSP

Tin

   Huichang Jinshunda Tin Co. Ltd    China    Other

Gold

   Hunan Chenzhou Mining Co., Ltd.    No known country of origin.    Other

Tungsten

   Hunan Chenzhou Mining Co., Ltd.    China    Other

 

10


Tungsten

   Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji    No known country of origin.    TICMC – Progressing, CFSP – Active

Tungsten

   Hunan Chunchang Nonferrous Metals Co., Ltd.    Japan, China    CFSP

Gold

   Hwasung CJ Co. Ltd    South Korea, United States, Japan, Mexico, Canada, Hong Kong, Australia    Other

Tungsten

   Hydrometallurg, JSC    No known country of origin.    CFSP

Gold

   Inner Mongolia Qiankun Gold and Silver Refinery Share Company Limited    Mongolia, Mexico, China    LBMA

Gold

   Ishifuku Metal Industry Co., Ltd.    No known country of origin.    LBMA, CFSP

Gold

   Istanbul Gold Refinery    Turkey    LBMA, CFSP

Gold

   Japan Mint    Japan    LBMA, CFSP

Tungsten

   Japan New Metals Co., Ltd.    Russia, Canada, Thailand, China    CFSP

Tungsten

   Jiangwu H.C. Starck Tungsten Products Co., Ltd.    China    TICMC – Progressing, CFSP – Active

Gold

   Jiangxi Copper Company Limited    Japan, China, United States    LBMA, CFSP

Tantalum

   Jiangxi Dinghai Tantalum & Niobium Co., Ltd    No known country of origin.    CFSP

Tungsten

   Jiangxi Gan Bei Tungsten Co., Ltd.    China    CFSP

Tin

   Jiangxi Ketai Advanced Material Co., Ltd.    China    CFSP

Tungsten

   Jiangxi Minmetals Gao’an Non-ferrous Metals Co., Ltd.    China    Other

Tungsten

   Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.    China    TICMC – Active, CFSP – Active

Tungsten

   Jiangxi Xinsheng Tungsten Industry Co., Ltd.    China    TICMC – Active, CFSP – Active

Tungsten

   Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd.    No known country of origin.    CFSP

Tungsten

   Jiangxi Yaosheng Tungsten Co., Ltd.    China    TICMC – Active, CFSP – Active

Tantalum

   JiuJiang JinXin Nonferrous Metals Co., Ltd.    China    CFSP

Tantalum

   Jiujiang Tanbre Co., Ltd.    DRC- Congo (Kinshasa), China    CFSP

Tantalum

   Jiujiang Zhongao Tantalum & Niobium Co., Ltd.    No known country of origin.    CFSP

Gold

   JSC Ekaterinburg Non-Ferrous Metal Processing Plant    Australia, Canada, Japan, Russia    LBMA, CFSP

 

11


Gold

   JSC Uralelectromed    Russia    LBMA, CFSP

Gold

   JX Nippon Mining & Metals Co., Ltd.    Chile    LBMA, CFSP

Gold

   Kaloti Precious Metals    No known country of origin.    Other

Gold

   Kazakhmys plc    Kyrgyzstan, Kazakhstan    Other

Gold

   Kazzinc    Australia, Kazakhstan, Peru    LBMA, CFSP

Tantalum

   KEMET Blue Metals    Mozambique, Burundi, Rwanda, Mexico, Nigeria, Niger    CFSP

Tantalum

   Kemet Blue Powder    Niger, Mozambique, Mexico, China, Burundi, DRC- Congo (Kinshasa), Rwanda, United States, Nigeria    CFSP

Tungsten

   Kennametal Fallon    Portugal, Bolivia United States, Russia, China, Recycle/Scrap    TICMC – Active, CFSP – Active

Tungsten

   Kennametal Huntsville    Bolivia, United States, China    CFSP

Gold

   Kennecott Utah Copper LLC    No known country of origin.    LBMA, RJC, CFSP

Gold

   KGHM Polska Miedź Spółka Akcyjna    Chile    Other

Tantalum

   King-Tan Tantalum Industry Ltd.    China, Ethiopia    CFSP

Gold

   Kojima Chemicals Co., Ltd.    Japan    CFSP

Gold

   Korea Metal Co. Ltd    Australia, South Korea, Recycle/Scrap    Other

Gold

   Korea Zinc Co. Ltd.    No known country of origin.    Other

Gold

   Kyrgyzaltyn JSC    Australia, Brazil, Kyrgyzstan    LBMA

Gold

   L’ azurde Company For Jewelry    Japan, Saudi Arabia, Taiwan, Australia, Canada    Other

Gold

   Lingbao Jinyuan Tonghui Refinery Co. Ltd.    China    Other

Tin

   Linwu Xianggui Smelter Co    Japan, China, India    Other

 

12


Gold

   LS-NIKKO Copper Inc.    Singapore, Australia, United States, Japan, Chile, South Africa, India, Indonesia, Brazil, Hong Kong, Peru, South Korea, Kazakhstan    LBMA, CFSP

Tantalum

   LSM Brasil S.A.    Brazil    CFSP

Gold

   Luo yang Zijin Yinhui Metal Smelt Co Ltd    China    Other

Tin

   Magnu’s Minerais Metais e Ligas Ltda.    Brazil    CFSP

Tin

   Malaysia Smelting Corporation (MSC)    DRC- Congo (Kinshasa), Indonesia, Malaysia    CFSP

Tungsten

   Malipo Haiyu Tungsten Co., Ltd.    China    CFSP

Gold

   Materion    Canada, China, United States, Brazil, Chile    CFSP

Gold

   Matsuda Sangyo Co., Ltd.    Indonesia, Australia, Canada, China, Japan, United Kingdom, United States, Hong Kong    LBMA, CFSP

Tin

   Melt Metais e Ligas S/A    Brazil    CFSP

Tin

   Metallic Resources, Inc.    No known country of origin.    CFSP

Tin

   Metallo-Chimique N.V.    No known country of origin.    CFSP

Tantalum

   Metallurgical Products India Pvt., Ltd.    India    CFSP

Gold

   Metalor Technologies (Hong Kong) Ltd.    Hong Kong, Australia, Peru, China, Japan, Switzerland, United States    LBMA, CFSP

Gold

   Metalor Technologies SA    Switzerland, Canada, China, United States, Hong Kong, Sweden, United Kingdom    LBMA, CFSP

Gold

   Metalor USA Refining Corporation    Switzerland, Canada, United States, China, Mexico    LBMA, RJC, CFSP

Gold

   METALÚRGICA MET-MEX PEÑOLES, S.A. DE C.V    China, Mexico    LBMA, CFSP

 

13


Tantalum

   Mineração Taboca S.A.    Brazil    Other

Tin

   Minsur    Canada, Malaysia, United States, DRC- Congo (Kinshasa), Peru, Brazil, Indonesia, Rwanda, Switzerland, China Bolivia, Thailand    CFSP

Gold

   Mitsubishi Materials Corporation    Chile, Canada, Indonesia    LBMA, CFSP

Gold

   Mitsui Mining & Smelting    Canada, China, Australia, Japan, Chile    LBMA, CFSP

Gold

   MMTC-PAMP India Pvt., Ltd.    No known country of origin.    LBMA, CFSP

Tantalum

   Molycorp Silmet A.S.    Estonia    CFSP

Gold

   Morris and Watson    No known country of origin.    Other

Gold

   Moscow Special Alloys Processing Plant    Russia    LBMA, CFSP

Gold

   Nadir Metal Rafineri San. Ve Tic. A.Ş.    Saudi Arabia, Turkey, United Arab Emirates    LBMA, CFSP

Tin

   Nankang Nanshan Tin Co., Ltd.    Bolivia, Portugal, Russia, China    Other

Gold

   Navoi Mining and Metallurgical Combinat    Uzbekistan, United States, Indonesia, Uzbekistan    LBMA, CFSP – Active

Tin

   Nghe Tinh Non-Ferrous Metals Joint Stock Company    Vietnam    Other

Tungsten

   Niagara Refining LLC    Portugal, Russia, Brazil, Mexico    CFSP

Gold

   Nihon Material Co., Ltd.    Mozambique, Japan, Canada, Australia    LBMA, CFSP

Tantalum

   Ningxia Orient Tantalum Industry Co., Ltd.    Niger, Nigeria, Brazil, Australia, Ethiopia, Mozambique, Malaysia, Rwanda, China, Burundi, Switzerland    CFSP

Tungsten

   Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC    No known country of origin.    CFSP

 

14


Tin

   O.M. Manufacturing (Thailand) Co., Ltd.    Thailand, China, Philippines, Bolivia, Canada, Malaysia, Brazil, Peru    CFSP

Gold

   Ögussa Österreichische Gold- und Silber-Scheideanstalt GmbH    No known country of origin.    CFSP

Gold

   Ohura Precious Metal Industry Co., Ltd.    Japan    CFSP

Gold

   OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet)    Russia    LBMA, CFSP

Gold

   OJSC Kolyma Refinery    Russia    Other

Gold

   OJSC Novosibirsk Refinery    Russia, Italy    LBMA, CFSP

Tin

   Operaciones Metalurgical S.A.    China, Philippines, DRC- Congo (Kinshasa), Peru, Brazil, Canada, Indonesia, Japan, Bolivia, Thailand, Russia, Malaysia    CFSP

Gold

   PAMP SA    South Africa, Canada, Australia, Hong Kong, Switzerland, Mexico    LBMA, RJC, CFSP

Gold

   Penglai Penggang Gold Industry Co Ltd    China    Other

Tin

   Phoenix Metal Ltd    No known country of origin.    Other

Tantalum

   Plansee SE Liezen    Austria    CFSP

Tantalum

   Plansee SE Reutte    Austria    CFSP

Tungsten

   Pobedit, JSC    No known country of origin.    TICMC – Active

Gold

   Prioksky Plant of Non-Ferrous Metals    Russia, China, Australia    LBMA, CFSP

Tin

   PT Alam Lestari Kencana    Australia, Indonesia    Other

Gold

   PT Aneka Tambang (Persero) Tbk    Indonesia    LBMA, CFSP

Tin

   PT Aries Kencana Sejahtera    China    CFSP

Tin

   PT Artha Cipta Langgeng    China, Indonesia, Germany, Malaysia, Bolivia, Brazil    CFSP

Tin

   PT ATD Makmur Mandiri Jaya    No known country of origin.    CFSP

Tin

   PT Babel Inti Perkasa    Indonesia, Peru    CFSP

Tin

   PT Bangka Kudai Tin    Indonesia, China    Other

Tin

   PT Bangka Prima Tin    No known country of origin.    CFSP

 

15


Tin

   PT Bangka Timah Utama Sejahtera    Indonesia, China, Brazil    Other

Tin

   PT Bangka Tin Industry    Canada, China, Brazil, Bolivia, Peru, Malaysia    CFSP

Tin

   PT Belitung Industri Sejahtera    Indonesia    CFSP

Tin

   PT BilliTin Makmur Lestari    Malaysia, Bolivia, Peru, Canada, China, Brazil    CFSP

Tin

   PT Bukit Timah    DRC- Congo (Kinshasa), Russia, Bolivia, Canada, Australia, Malaysia, Brazil, Indonesia, Peru, China    CFSP

Tin

   PT Cipta Persada Mulia    No known country of origin.    CFSP

Tin

   PT DS Jaya Abadi    Brazil, Japan, Bolivia, Peru, Canada, Indonesia, Malaysia, Mozambique, Russia, China, Poland, Australia    CFSP

Tin

   PT Eunindo Usaha Mandiri    China    CFSP

Tin

   PT Fang Di MulTindo    No known country of origin.    Other

Tin

   PT Inti Stania Prima    No known country of origin.    CFSP

Tin

   PT Justindo    China, Australia, Brazil    CFSP

Tin

   PT Karimun Mining    No known country of origin.   

Tin

   PT Mitra Stania Prima    Brazil, Chile, Russia, Indonesia, Mexico, China, Bolivia    CFSP

Tin

   PT Panca Mega Persada    No known country of origin.    CFSP

Tin

   PT Pelat Timah Nusantara Tbk    Nigeria, Burundi, Bolivia, Niger, China, DRC- Congo (Kinshasa), Indonesia, Brazil, Malaysia, Rwanda    Other

Tin

   PT Prima Timah Utama    United States    CFSP

 

16


Tin

   PT Refined Bangka Tin    China    CFSP

Tin

   PT Refined Bangka Tin    Indonesia    CFSP

Tin

   PT Sariwiguna Binasentosa    United States    CFSP

Tin

   PT Seirama Tin investment    No known country of origin.    Other

Tin

   PT Stanindo Inti Perkasa    China, Indonesia, Malaysia, Peru, Mozambique, DRC- Congo (Kinshasa), Australia, Bolivia, Brazil, Canada    CFSP

Tin

   PT Sukses Inti Makmur    No known country of origin.    CFSP

Tin

   PT Sumber Jaya Indah    China    CFSP

Tin

   PT Timah (Persero) Tbk Kundur    Chile, United States, Malaysia, France, Peru, Thailand, Brazil, China, Indonesia, Canada, Bolivia, China, Brazil, Malaysia, Thailand, Indonesia, DRC- Congo (Kinshasa), Indonesia, Canada, Indonesia, Peru, India    CFSP

Tin

   PT Tinindo Inter Nusa    China, Belgium, Indonesia    CFSP

Tin

   PT Tirus Putra Mandiri    No known country of origin.    Other

Tin

   PT Tommy Utama    No known country of origin.    CFSP

Tin

   PT WAHANA PERKIT JAYA    No known country of origin.    CFSP

Gold

   PX PrŽcinox SA    Canada, Australia, Switzerland, Mozambique    LBMA, RJC, CFSP

Tantalum

   QuantumClean    United States    CFSP

 

17


Gold

   Rand Refinery (Pty) Ltd.    South Africa, Tanzania, DRC- Congo (Kinshasa), China, Canada, Namibia, Hong Kong, Ghana, Mali, Guinea    LBMA, CFSP

Gold

   Republic Metals Corporation    No known country of origin.    LBMA, RJC, CFSP

Tantalum

   Resind Indústria e Comércio Ltda.    No known country of origin.    Other

Tantalum

   RFH Tantalum Smeltry Co., Ltd.    Peru, China, Russia    CFSP

Gold

   Royal Canadian Mint    Chile, Suriname, Japan, Mexico, Guyana, Germany, Peru, Switzerland, Canada    LBMA, CFSP

Tin

   Rui Da Hung    China, Taiwan, Japan    CFSP

Gold

   Sabin Metal Corp.    Canada, China, United States    Other

Gold

   Samduck Precious Metals    South Korea    Other

Gold

   SAMWON METALS Corp.    China, South Korea, Australia, Hong Kong    Other

Tungsten

   Sanher Tungsten Vietnam Co., Ltd.    No known country of origin.    CFSP – Active

Gold

   SAXONIA Edelmetalle GmbH    No known country of origin.    Other

Gold

   Schone Edelmetaal B.V.    Netherlands, Belgium    LBMA, CFSP

Gold

   SEMPSA Joyería Platería SA    Spain    LBMA, CFSP

Gold

   Shandong Zhaojin Gold & Silver Refinery Co., Ltd.    United States, China, Japan    LBMA, CFSP

Gold

   Sichuan Tianze Precious Metals Co., Ltd.    No known country of origin.    LBMA, CFSP

Gold

   So Accurate Group, Inc.    Thailand, United States, China    Other

Gold

   SOE Shyolkovsky Factory of Secondary Precious Metals    Russia, Germany, Taiwan    LBMA, CFSP

Tin

   Soft Metais Ltda.    Brazil    CFSP

Gold

   Solar Applied Materials Technology Corp.    Hong Kong, Canada, United States, China, Taiwan    LBMA, CFSP

Tantalum

   Solikamsk Magnesium Works OAO    No known country of origin.    CFSP

 

18


Gold

   Sumitomo Metal Mining Co., Ltd.    Japan, Indonesia, Chile    LBMA, CFSP

Gold

   T.C.A S.p.A    No known country of origin.    LBMA, CFSP

Tantalum

   Taki Chemicals    Brazil, Japan    CFSP

Gold

   Tanaka Kikinzoku Kogyo K.K.    Japan, Belgium, Australia, China, United States, Switzerland, Malaysia, Singapore, South Africa, Mexico, Chile, Canada, Hong Kong, Uzbekistan, United Kingdom    LBMA, CFSP

Tungsten

   Tejing (Vietnam) Tungsten Co., Ltd.    China, Vietnam    CFSP

Tantalum

   Telex Metals    United States, Kazakhstan, Russia, Recycle/Scrap    CFSP

Tin

   Thaisarco    China, Australia, Chile, Morocco, Rwanda, Peru, Thailand, Brazil, Portugal, Canada Indonesia, Japan, Myanmar, Bolivia, DRC- Congo (Kinshasa), Malaysia, Poland    CFSP

Gold

   The Great Wall Gold and Silver Refinery of China    China    LBMA

Gold

   The Refinery of Shandong Gold Mining Co., Ltd.    Peru, China    LBMA, CFSP

Gold

   Tokuriki Honten Co., Ltd.    Peru, United States, Chile, Hong Kong, Australia, Japan, China, Canada    LBMA, CFSP

Gold

   TongLing Nonferrous Metals Group Holdings Co., Ltd.    China    Other

Gold

   Torecom    South Korea    Other

Tantalum

   Tranzact, Inc.    No known country of origin.    CFSP

Tin

   Tuyen Quang Non-Ferrous Metals Joint Stock Company    No known country of origin.    Other

 

19


Tantalum

   Ulba Metallurgical Plant JSC    Mozambique, United States, Canada, Japan, Burundi, China, Russia, Australia, Belarus, Brazil, Kazakhstan, Ethiopia, Rwanda, Zimbabwe, DRC- Congo (Kinshasa)    CFSP

Gold

   Umicore Brasil Ltda.    Japan, Brazil    LBMA, CFSP

Gold

   Umicore SA Business Unit Precious Metals Refining    No known country of origin.    LBMA, CFSP

Gold

   Valcambi SA    Hong Kong, Switzerland, Australia, Taiwan, Japan    LBMA, RJC, CFSP

Tungsten

   Vietnam Youngsun Tungsten Industry Co., Ltd.    Vietnam    CFSP

Tin

   VQB Mineral and Trading Group JSC    No known country of origin.    CFSP

Gold

   Western Australian Mint trading as The Perth Mint    Hong Kong, Australia, Chile, China, South Korea, Guinea, Peru, Bolivia, Papua New Guinea, Australia    LBMA, CFSP

Tin

   White Solder Metalurgia e Mineração Ltda.    Brazil, Thailand, China, Peru, Germany    CFSP

Gold

   WIELAND Edelmetalle GmbH    No known country of origin.    Other

Tungsten

   Wolfram Bergbau und Hütten AG    China, Austria, Australia    CFSP

Tungsten

   Xiamen Tungsten Co., Ltd.    Peru, Rwanda, Australia, United States, Vietnam, Mexico, Niger, Portugal, Brazil, Japan, Russia, Nigeria, China, Spain, Germany, Thailand, Bolivia, Canada    CFSP

Tungsten

   Xinhai Rendan Shaoguan Tungsten Co., Ltd.    China    CFSP

Tantalum

   XinXing Haorong Electronic Material Co., Ltd.    No known country of origin.    CFSP

 

20


Gold

   Yamamoto Precious Metal Co., Ltd.    Japan    CFSP

Tantalum

   Yichun Jin Yang Rare Metal Co., Ltd.    China    CFSP

Gold

   Yokohama Metal Co., Ltd.    Brazil, China, Japan, Malaysia    CFSP

Tin

   Yunnan Chengfeng Non-ferrous Metals Co., Ltd.    China, Singapore, Recycle/Scrap    CFSP – Active

Tin

   Yunnan Tin Group (Holding) Company Limited    Peru, Malaysia, Germany, Indonesia, Hong Kong, Brazil, Australia, Bolivia, China, Canada, Belgium, Ethiopia, China    CFSP

Gold

   Zhongyuan Gold Smelter of Zhongjin Gold Corporation    Switzerland, China, Mozambique, Philippines, Australia, Canada, Thailand    LBMA, CFSP

Tantalum

   Zhuzhou Cemented Carbide    China, Brazil, Malaysia, Burundi, Japan, DRC- Congo (Kinshasa), Niger, Kazakhstan, Russia, Rwanda, Nigeria    CFSP

Gold

   Zijin Mining Group Co., Ltd. Gold Refinery    Kyrgyzstan, Tajikistan, Papua New Guinea, Peru, China, Mongolia, Tajikistan, Russia    LBMA, CFSP

 

6. Steps to Mitigate Risks Relating to Covered Minerals

McDermott intends to continue improving its supply chain due diligence efforts via the following measures, in an effort to mitigate the risk that any Covered Minerals necessary to the functionality or production of products manufactured, or contracted to be manufactured, for customers by McDermott benefit armed groups in any of the Covered Countries:

 

    Continue to assess the presence of Covered Minerals in its supply chain.

 

    Continue to communicate expectations with regard to supplier performance, transparency and sourcing.

 

21


    Attempt to increase the response rate from our suppliers in our RCOI and due diligence processes, and work with our responding suppliers to improve the content of their responses, including reporting at a product-specific level.

 

    Continue to compare RCOI results to information collected via independent conflict free smelter validation programs such as the Conflict Free Sourcing Initiative’s Conflict Free Smelter program.

Because McDermott is a downstream user of Covered Minerals, we rely on the representations and information provided by our In-Scope Suppliers. As a result, incomplete or inaccurate information provided by the In-Scope Suppliers could affect the accuracy or completeness of the information set forth above or other information contained in this Conflict Minerals Report.

The foregoing statements made in this Section 6 are forward-looking statements and, as such, are subject to the cautionary statements and disclaimers set forth under the caption “Cautionary Statement Concerning Forward-Looking Statements” in Item 1 of Part 1 of our Annual Report on Form 10-K for the year ended December 31, 2015.

 

 

1  Certification Status:

 

    CFSP: The processing facility has an active certification or is in the process of renewing its certification.

 

    TICMC-Active: The processing facility is actively moving through the certification process.

 

    TICMC-Progressing: Tungsten processing facilities that have committed to obtain a CFSP certification within two years of membership with the Tungsten Industry-Conflict Minerals Committee (TI-CMC).

 

    LBMA: The processing facility has obtained a Responsible Gold Certification from the London Bullion Market Association.

 

    LMBA-Pending: The LMBA indicates that the processing facility is working on a Responsible Gold Certificate.

 

    RJC: The processing facility has obtained a Chain-of-Custody Certification from the Responsible Jewellery Council.

 

    Other: The processing facility has not yet received compliant or active status.

 

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