OTIC Successfully Passed 2017 CFSP Non-conflict Smelter Annual Audit

On 20th September, 2017,  Orient Tantalum Industry Co., Ltd. ( hereinafter called as OTIC) was informed by the Conflict-Free Smeltery Programme (CFSP) Audit committee (ARC) that OTIC’s tantalum supply chain is compliance with CFSP Tantalum Protocol, which means OTIC has successfully passed 2017 annual audit for the Conflict -Free Smeltery Program, marking that OTIC’s CFSP certification continues to be effective as a Global Qualified Smeltery and Supplier for Non-conflict Tantalum Materials, thereby further strengthening OTIC's position in the world tantalum industry.

OTIC was subject to on-site auditing on August 29 by an auditing and supervisory team jointly organized by SGS Center and the General Administration of Quality Supervision, Inspection and Quarantine of the PRC .  On-site auditing this time cover legality and traceability for all tantalum minerals and materials sourced from September 1, 2016 to August 29, 2017 including OTIC’s procurement policy, supplier management for tantalum raw materials , annual due diligence report, relevant document and records for traceability of tantalum raw materials etc.

Through on-site audit, the audit experts team gave high appreciation of OTIC’s normal operation and perfect management of supply chain control system.  

OTIC successfully passed the 2017 CFSP annual audit which is helpful to further improving OTIC’s internal control system and heightening its market competitiveness in the global tantalum industry.