UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM SD

Specialized Disclosure Report

 

Stereotaxis, Inc.

 

(Exact name of registrant as specified in its charter)

 

Delaware   001-36159   94-3120386
(State or other jurisdiction of   (Commission   (IRS Employer
incorporation or organization)   File Number)   Identification No.)

 

4320 Forest Park Avenue; Suite 100; St. Louis, MO   63108
(Address of principal executive offices)   (Zip Code)

 

Kimberly R. Peery 314-678-6100

 

(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:

 

[X] Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2019.

 

 

 

   
   

 

Section 1 – Conflict Minerals Disclosure

 

Item 1.01 Conflict Minerals Disclosure and Report

 

This Specialized Disclosure Report on Form SD (“Form SD”) of Stereotaxis, Inc. (“Stereotaxis”, the “Company” or “we”) for the reporting period from January 1 to December 31, 2019, is filed pursuant to Rule 13p-1 under the Securities Exchange Act of 1934 (the “Rule”). Capitalized terms not otherwise defined herein are defined in the Rule.

 

Stereotaxis evaluated its products and determined that our products contain “necessary conflict minerals.” This means that Conflict Minerals as defined in the Rule are present in products we manufacture or contract to manufacture and are used to achieve the required function, use or purpose of those products. Our determination and related disclosures relating to such necessary conflict minerals are included in Stereotaxis’ Conflict Minerals Report and are incorporated by reference herein.

 

Item 1.02 Exhibit

 

The Company has filed a Conflict Minerals Report as Exhibit 1.01 to this Form SD. Stereotaxis’ Conflict Minerals Report is available at http://www.stereotaxis.com/legal/. The website and the information accessible through it are not incorporated into this Form SD.

 

Section 2 - Exhibits

 

Item 2.01 Exhibits

 

Exhibit 1.01 Stereotaxis, Inc. Conflict Minerals Report for the reporting period January 1 to December 31, 2019

 

   
   

 

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.

 

STEREOTAXIS, INC.      
(Registrant)      
       
By: /s/ Kimberly R. Peery   May 14, 2020
Name: Kimberly R. Peery   (Date)
Title: Chief Financial Officer    

 

   

 

 

Exhibit 1.01

 

Stereotaxis, Inc.

Conflict Minerals Report

For The Year Ended December 31, 2019

 

Introduction

 

This Conflict Minerals Report for Stereotaxis, Inc. (“Stereotaxis”, “we,” “us,” and “our”) is for the period from January 1 to December 31, 2019 and is presented to comply with Rule 13p-1 under the Securities Exchange Act of 1934 (“Rule”). Terms used in this report are defined in the Rule and Form SD. Refer to those sources and to SEC Release No. 34-67716 issued by the Securities and Exchange Commission on August 22, 2012 for such definitions.

 

Stereotaxis designs, manufactures and markets robotic systems and instruments for use primarily by electrophysiologists for the treatment of abnormal heart rhythms known as cardiac arrhythmias. We offer our proprietary Epoch Solution, an advanced remote robotic navigation system, for use in a hospital’s interventional surgical suite, or “interventional lab”. The Epoch Solution is comprised of the Niobe ES Robotic Magnetic Navigation System (“Niobe ES system”), Odyssey Information Management Solution (“Odyssey Solution”), and the Vdrive Robotic Navigation System (“Vdrive system”), and related devices. The Niobe and Vdrive systems include sterilized disposable (consumable) components as well as capital equipment.

 

This Report describes the process and results of Stereotaxis’ Conflict Minerals program. Stereotaxis performed a Reasonable Country of Origin Inquiry (RCOI) to determine the source of necessary conflict minerals in our products, and in accordance with the Rule then undertook due diligence measures on the source and chain of custody of those necessary conflict minerals. The purpose of this due diligence was to determine if any of the necessary conflict minerals originated from the Democratic Republic of the Congo (“DRC”) or an adjoining country (collectively defined as the “Covered Countries”) and may not have come from recycled or scrap sources, to determine whether such products are “DRC conflict free.”

 

Consistent with the provisions of the Rule, this Conflict Minerals Report has not been audited by an independent private sector auditor.

 

Design of Conflict Minerals Program and Due Diligence Process

 

Stereotaxis has a Conflict Minerals program designed to be in conformance with the Organisation for Economic Co-operation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, 3rd Edition, including the Supplement on Tin, Tantalum and Tungsten, and the Supplement on Gold (collectively, the “OECD Guidance”). In the context of the OECD Guidance Stereotaxis is a “downstream company” in the conflict minerals supply chain. Summarized below are the five due diligence steps taken which align with the OECD Guidance five-step framework:

 

1. Maintained a strong company management system:

 

  a) We have a Conflict Minerals Policy. The policy has been communicated to our direct suppliers and can be found on our website at http://www.stereotaxis.com/legal/.
  b) We have an internal cross-functional Conflict Minerals team that oversees the implementation of our Conflict Minerals program. The status of our Conflict Minerals program is reviewed with senior management. We maintain records relating to our Conflict Minerals program.
  c) We have a system of controls and transparency over our supply chain using the industry-standard Conflict Minerals Reporting Template (“CMRT”), which is a supply chain survey designed to identify the maturity of our suppliers’ conflict minerals programs and identify the smelters and refiners that process the necessary conflict minerals contained in their products.

 

   
   

 

  d) We have informed our suppliers of our company policy, and our commitment to be DRC conflict free. Where suppliers are unaware of conflict minerals regulations or have an immature process, we seek to educate them.
  e) We have a company-level grievance mechanism whereby anyone can confidentially call or email a concern or report a violation of a policy. This can be found in the Ethics and Commitment / Confidential Hot-line section of our website at http://www.stereotaxis.com/legal/.

 

2. Identified and assessed risks in the conflict minerals supply chain:

 

a)We identified conflict minerals risks in our supply chain:

 

  o We identified all direct suppliers that supply us with products that might contain Conflict Minerals intentionally added and necessary for the functionality of those products.
  o We conducted a Reasonable Country of Origin Inquiry (RCOI) with relevant suppliers of parts and materials used in products manufactured by Stereotaxis.
  o We requested our direct suppliers provide us with a completed industry-standard CMRT. The CMRT includes a section identifying evidence of an active corporate conflict minerals program/policy by each respective supplier, as well as a list of Smelters or Refiners in the supplier’s conflict mineral supply chain.
  o We followed up with unresponsive suppliers, making multiple attempts to obtain information.
  o We reviewed CMRT’s and any other documentation provided by our suppliers for completeness and reasonableness. We categorized suppliers according to the responses provided.

 

b)We assessed risks of adverse impacts by actively working to discontinue sourcing products from upstream suppliers when we identified a reasonable risk that they are sourcing from, or linked to any party committing serious abuses, consistent with Annex II of the OECD Guidance.

 

3. Designed and implemented a strategy to respond to identified risks:

 

  a) We identified the results of our RCOI and identified high risk suppliers to senior management.
  b) We have a risk management plan that includes seeking to reduce or eliminate high risk suppliers.
  c) We have an ongoing risk reduction and management program, which includes a goal that all future product designs are DRC conflict free, periodically reviewing and updating the conflict minerals status of our existing products and striving over time to reduce or eliminate non-conflict-free minerals from the supply chain.
  d) We monitored, and will continue to monitor changes in supplier conflict minerals status, as circumstances change with suppliers and as conflict minerals status ripples through the supply chain to end item manufacturers such as Stereotaxis.

 

4. Carried out independent third-party audit of supply chain due diligence at identified points in the supply chain:

 

  a) We engage a third-party which has a comprehensive Verification, Outreach and Due Diligence Process which provides us with detailed information and audit results related to the smelters or refiners in our supply chain.

 

5. Reported on supply chain due diligence:

 

  a) We publicly communicated our Conflict Minerals Sourcing Policy on our company website at http://www.stereotaxis.com /legal/.
  b) We publicly disclosed this Conflict Minerals Report on our company website at http://www.stereotaxis.com /legal/.
  c) As allowed by the Rule, obtaining an independent private sector audit of this Report was not required.

 

The content of any website referred to in this Report is included for general information only and is not incorporated by reference in this Report.

 

   
   

 

Reasonable Country of Origin Inquiry Results

 

Following the Conflict Minerals program described above, Stereotaxis identified 201 suppliers and original equipment manufacturers in our direct supply chain. We identified 135 of those suppliers as the ones who provide us with components, materials and assemblies where Conflict Minerals are present and necessary to functionality, or for which we were unsure whether the materials or components contained Conflict Minerals. We then performed a RCOI with those 135 suppliers and requested each of them to supply us with a CMRT. 96 of those suppliers provided us with a CMRT.

 

The CMRT’s we received contained a large number of smelter or refiner names for the facilities these suppliers and their upstream suppliers use to process Conflict Minerals, as well as the specific Conflict Mineral(s) used in their products. After correction, review, and removal of duplicate or alternate names, and elimination of entities we determined were not actually smelters or refiners, and elimination of entities for which we were unable to determine if they were a relevant smelter or refiner, we identified 295 unique smelters.

 

Of the 295 identified smelters or refiners in our supply chain, our analysis leads us to believe that:

 

  44 smelters are known to source, or there is reason to believe they may source, Conflict Minerals from the Covered Countries.
  26 smelters have an unknown country of origin for their minerals, and therefore it cannot be determined if those smelters sourced Conflict Minerals from the Covered Countries.

 

In accordance with the SEC final rules for Conflict Minerals sourced from Covered Countries, because some smelters in our supply chain were identified to be sourcing from Covered Countries, Stereotaxis is required to exercise, and has exercised, due diligence on the Conflict Minerals’ source and chain of custody. Additionally, Stereotaxis is required to follow, and has followed, a nationally or internally recognized due diligence framework (specifically the OECD Guidance) and report the results thereof in a Conflict Minerals report.

 

Due Diligence Process Results

 

Of the 44 smelters in our supply chain that are known to source Conflict Minerals from the Covered Countries, Stereotaxis’ due diligence review indicates all 44 smelters have active certifications or are in the process of renewing their certification as a conformant smelter by the Responsible Minerals Initiative (RMI) Responsible Minerals Assurance Process (RMAP). In addition, 7 of these smelters also have London Bullion Market Association (LBMA) Responsible Gold Certifications.

 

To the best of our knowledge, none of the smelters identified in our supply chain is known to source Conflict Minerals that directly or indirectly finances or benefits armed groups in the DRC or adjoining countries.

 

Stereotaxis did not discontinue business with any supplier simply because the supplier sourced conflict minerals from the Covered Countries. We support a conflict-free minerals trade in the DRC region.

 

Product Determination

 

Based upon responses received from our suppliers as part of RCOI, we have not been able to confirm the identification of all smelters in our supply chain, nor confirm that all smelters reported by our suppliers as being in our supply chain are DRC conflict-free.

 

   
   

 

No smelter identified in our supply chain is known to us as sourcing Conflict Minerals that directly or indirectly finances or benefits armed groups in the DRC or adjoining countries.

 

Facility and Mine Information

 

The table below identifies all the smelter or refiner facilities which, to the extent known as a result of our RCOI, processed the necessary conflict minerals contained in our products. A “Yes” entry in the rightmost column indicates the smelter or refiner has received a conformant smelter designation from an independent third-party audit program.

 

Metal  Smelter or Refiner Name  RMI Smelter ID  Smelter or Refiner Location  Conflict-Free Certification
Gold  8853 S.p.A.  CID002763  Italy  Yes
Gold  Abington Reldan Metals, LLC  CID002708  United States   
Gold  Advanced Chemical Company  CID000015  United States  Yes
Gold  African Gold Refinery  CID003185  Uganda   
Gold  Aida Chemical Industries Co., Ltd.  CID000019  Japan  Yes
Gold  Al Etihad Gold Refinery DMCC  CID002560  United Arab Emirates  Yes
Gold  Allgemeine Gold-und Silberscheideanstalt A.G.  CID000035  Germany  Yes
Gold  Almalyk Mining and Metallurgical Complex (AMMC)  CID000041  Uzbekistan  Yes
Gold  AngloGold Ashanti Corrego do Sitio Mineracao  CID000058  Brazil  Yes
Gold  Argor-Heraeus S.A.  CID000077  Switzerland  Yes
Gold  Asahi Pretec Corp.  CID000082  Japan  Yes
Gold  Asahi Refining Canada Ltd.  CID000924  Canada  Yes
Gold  Asahi Refining USA Inc.  CID000920  United States  Yes
Gold  Asaka Riken Co., Ltd.  CID000090  Japan  Yes
Gold  Atasay Kuyumculuk Sanayi Ve Ticaret A.S.  CID000103  Turkey   
Gold  AU Traders and Refiners  CID002850  South Africa  Yes
Gold  Aurubis AG  CID000113  Germany  Yes
Gold  Bangalore Refinery  CID002863  India  Yes
Gold  Bangko Sentral ng Pilipinas (Central Bank of the Philippines)  CID000128  Philippines  Yes
Gold  Boliden AB  CID000157  Sweden  Yes
Gold  C. Hafner GmbH + Co. KG  CID000176  Germany  Yes
Gold  Caridad  CID000180  Mexico   
Gold  CCR Refinery - Glencore Canada Corporation  CID000185  Canada  Yes
Gold  Cendres + Metaux S.A.  CID000189  Switzerland  Yes
Gold  CGR Metalloys Pvt Ltd.  CID003382  India   
Gold  Chimet S.p.A.  CID000233  Italy  Yes
Gold  Chugai Mining  CID000264  Japan  Yes

 

   
   

 

Metal  Smelter or Refiner Name  RMI Smelter ID  Smelter or Refiner Location  Conflict-Free Certification
Gold  Daye Non-Ferrous Metals Mining Ltd.  CID000343  China   
Gold  Degussa Sonne / Mond Goldhandel GmbH  CID002867  Germany   
Gold  Dijllah Gold Refinery FZC  CID003348  United Arab Emirates   
Gold  DODUCO Contacts and Refining GmbH  CID000362  Germany  Yes
Gold  Dowa  CID000401  Japan  Yes
Gold  DS PRETECH Co., Ltd.  CID003195  Korea, Republic of  Yes
Gold  DSC (Do Sung Corporation)  CID000359  Korea, Republic of  Yes
Gold  Eco-System Recycling Co., Ltd. East Plant  CID000425  Japan  Yes
Gold  Eco-System Recycling Co., Ltd. North Plant  CID003424  Japan  Yes
Gold  Emirates Gold DMCC  CID002561  United Arab Emirates  Yes
Gold  Fidelity Printers and Refiners Ltd.  CID002515  Zimbabwe   
Gold  Fujairah Gold FZC  CID002584  United Arab Emirates   
Gold  GCC Gujrat Gold Centre Pvt. Ltd.  CID002852  India   
Gold  Geib Refining Corporation  CID002459  United States  Yes
Gold  Gold Refinery of Zijin Mining Group Co., Ltd.  CID002243  China  Yes
Gold  Great Wall Precious Metals Co., Ltd. of CBPM  CID001909  China   
Gold  Guangdong Jinding Gold Limited  CID002312  China   
Gold  Guoda Safina High-Tech Environmental Refinery Co., Ltd.  CID000651  China   
Gold  Hangzhou Fuchunjiang Smelting Co., Ltd.  CID000671  China   
Gold  Heimerle + Meule GmbH  CID000694  Germany  Yes
Gold  Heraeus Metals Hong Kong Ltd.  CID000707  China  Yes
Gold  Heraeus Precious Metals GmbH & Co. KG  CID000711  Germany  Yes
Gold  Hunan Chenzhou Mining Co., Ltd.  CID000767  China   
Gold  Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd.  CID000773  China   
Gold  HwaSeong CJ CO., LTD.  CID000778  Korea, Republic of   
Gold  Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.  CID000801  China  Yes
Gold  International Precious Metal Refiners  CID002562  United Arab Emirates   
Gold  Ishifuku Metal Industry Co., Ltd.  CID000807  Japan  Yes
Gold  Istanbul Gold Refinery  CID000814  Turkey  Yes
Gold  Italpreziosi  CID002765  Italy  Yes
Gold  Japan Mint  CID000823  Japan  Yes
Gold  Jiangxi Copper Co., Ltd.  CID000855  China  Yes
Gold  JSC Ekaterinburg Non-Ferrous Metal Processing Plant  CID000927  Russian Federation   
Gold  JSC Uralelectromed  CID000929  Russian Federation  Yes

 

   
   

 

Metal  Smelter or Refiner Name  RMI Smelter ID  Smelter or Refiner Location  Conflict-Free Certification
Gold  JX Nippon Mining & Metals Co., Ltd.  CID000937  Japan  Yes
Gold  Kaloti Precious Metals  CID002563  United Arab Emirates   
Gold  Kazakhmys Smelting LLC  CID000956  Kazakhstan   
Gold  Kazzinc  CID000957  Kazakhstan  Yes
Gold  Kennecott Utah Copper LLC  CID000969  United States  Yes
Gold  KGHM Polska Miedz Spolka Akcyjna  CID002511  Poland  Yes
Gold  Kojima Chemicals Co., Ltd.  CID000981  Japan  Yes
Gold  Korea Zinc Co., Ltd.  CID002605  Korea, Republic of  Yes
Gold  Kyrgyzaltyn JSC  CID001029  Kyrgyzstan  Yes
Gold  Kyshtym Copper-Electrolytic Plant ZAO  CID002865  Russian Federation   
Gold  L’azurde Company For Jewelry  CID001032  Saudi Arabia   
Gold  Lingbao Gold Co., Ltd.  CID001056  China   
Gold  Lingbao Jinyuan Tonghui Refinery Co., Ltd.  CID001058  China   
Gold  L’Orfebre S.A.  CID002762  Andorra  Yes
Gold  LS-NIKKO Copper Inc.  CID001078  Korea, Republic of  Yes
Gold  LT Metal Ltd.  CID000689  Korea, Republic of  Yes
Gold  Luoyang Zijin Yinhui Gold Refinery Co., Ltd.  CID001093  China   
Gold  Marsam Metals  CID002606  Brazil  Yes
Gold  Materion  CID001113  United States  Yes
Gold  Matsuda Sangyo Co., Ltd.  CID001119  Japan  Yes
Gold  Metalor Technologies (Hong Kong) Ltd.  CID001149  China  Yes
Gold  Metalor Technologies (Singapore) Pte., Ltd.  CID001152  Singapore  Yes
Gold  Metalor Technologies (Suzhou) Ltd.  CID001147  China  Yes
Gold  Metalor Technologies S.A.  CID001153  Switzerland  Yes
Gold  Metalor USA Refining Corporation  CID001157  United States  Yes
Gold  Metalurgica Met-Mex Penoles S.A. De C.V.  CID001161  Mexico  Yes
Gold  Mitsubishi Materials Corporation  CID001188  Japan  Yes
Gold  Mitsui Mining and Smelting Co., Ltd.  CID001193  Japan  Yes
Gold  MMTC-PAMP India Pvt., Ltd.  CID002509  India  Yes
Gold  Modeltech Sdn Bhd  CID002857  Malaysia   
Gold  Morris and Watson  CID002282  New Zealand   
Gold  Moscow Special Alloys Processing Plant  CID001204  Russian Federation  Yes
Gold  Nadir Metal Rafineri San. Ve Tic. A.S.  CID001220  Turkey  Yes
Gold  Navoi Mining and Metallurgical Combinat  CID001236  Uzbekistan   
Gold  NH Recytech Company  CID003189  Korea, Republic of   
Gold  Nihon Material Co., Ltd.  CID001259  Japan  Yes
Gold  Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH  CID002779  Austria  Yes

 

   
   

 

Metal  Smelter or Refiner Name  RMI Smelter ID  Smelter or Refiner Location  Conflict-Free Certification
Gold  Ohura Precious Metal Industry Co., Ltd.  CID001325  Japan  Yes
Gold  OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet)  CID001326  Russian Federation  Yes
Gold  OJSC Novosibirsk Refinery  CID000493  Russian Federation  Yes
Gold  PAMP S.A.  CID001352  Switzerland  Yes
Gold  Pease & Curren  CID002872  United States   
Gold  Penglai Penggang Gold Industry Co., Ltd.  CID001362  China   
Gold  Planta Recuperadora de Metales SpA  CID002919  Chile  Yes
Gold  Prioksky Plant of Non-Ferrous Metals  CID001386  Russian Federation  Yes
Gold  PT Aneka Tambang (Persero) Tbk  CID001397  Indonesia  Yes
Gold  PX Precinox S.A.  CID001498  Switzerland  Yes
Gold  QG Refining, LLC  CID003324  United States   
Gold  Rand Refinery (Pty) Ltd.  CID001512  South Africa  Yes
Gold  Refinery of Seemine Gold Co., Ltd.  CID000522  China   
Gold  REMONDIS PMR B.V.  CID002582  Netherlands  Yes
Gold  Royal Canadian Mint  CID001534  Canada  Yes
Gold  SAAMP  CID002761  France  Yes
Gold  Sabin Metal Corp.  CID001546  United States   
Gold  Safimet S.p.A  CID002973  Italy  Yes
Gold  SAFINA A.S.  CID002290  Czech Republic  Yes
Gold  Sai Refinery  CID002853  India   
Gold  Samduck Precious Metals  CID001555  Korea, Republic of  Yes
Gold  SAMWON METALS Corp.  CID001562  Korea, Republic of   
Gold  SAXONIA Edelmetalle GmbH  CID002777  Germany  Yes
Gold  SEMPSA Joyeria Plateria S.A.  CID001585  Spain  Yes
Gold  Shandong Humon Smelting Co., Ltd.  CID002525  China   
Gold  Shandong Tiancheng Biological Gold Industrial Co., Ltd.  CID001619  China   
Gold  Shandong Zhaojin Gold & Silver Refinery Co., Ltd.  CID001622  China  Yes
Gold  Sichuan Tianze Precious Metals Co., Ltd.  CID001736  China  Yes
Gold  Singway Technology Co., Ltd.  CID002516  Taiwan  Yes
Gold  SOE Shyolkovsky Factory of Secondary Precious Metals  CID001756  Russian Federation  Yes
Gold  Solar Applied Materials Technology Corp.  CID001761  Taiwan  Yes
Gold  Sovereign Metals  CID003383  India   
Gold  State Research Institute Center for Physical Sciences and Technology  CID003153  Lithuania   
Gold  Sudan Gold Refinery  CID002567  Sudan   
Gold  Sumitomo Metal Mining Co., Ltd.  CID001798  Japan  Yes
Gold  SungEel HiMetal Co., Ltd.  CID002918  Korea, Republic of  Yes

 

   
   

 

Metal  Smelter or Refiner Name  RMI Smelter ID  Smelter or Refiner Location  Conflict-Free Certification
Gold  T.C.A S.p.A  CID002580  Italy  Yes
Gold  Tanaka Kikinzoku Kogyo K.K.  CID001875  Japan  Yes
Gold  The Refinery of Shandong Gold Mining Co., Ltd.  CID001916  China  Yes
Gold  Tokuriki Honten Co., Ltd.  CID001938  Japan  Yes
Gold  Tongling Nonferrous Metals Group Co., Ltd.  CID001947  China   
Gold  Tony Goetz NV  CID002587  Belgium   
Gold  TOO Tau-Ken-Altyn  CID002615  Kazakhstan  Yes
Gold  Torecom  CID001955  Korea, Republic of  Yes
Gold  Umicore Brasil Ltda.  CID001977  Brazil  Yes
Gold  Umicore Precious Metals Thailand  CID002314  Thailand  Yes
Gold  Umicore S.A. Business Unit Precious Metals Refining  CID001980  Belgium  Yes
Gold  United Precious Metal Refining, Inc.  CID001993  United States  Yes
Gold  Valcambi S.A.  CID002003  Switzerland  Yes
Gold  Western Australian Mint (T/a The Perth Mint)  CID002030  Australia  Yes
Gold  WIELAND Edelmetalle GmbH  CID002778  Germany  Yes
Gold  Yamakin Co., Ltd.  CID002100  Japan  Yes
Gold  Yokohama Metal Co., Ltd.  CID002129  Japan  Yes
Gold  Yunnan Copper Industry Co., Ltd.  CID000197  China   
Gold  Zhongyuan Gold Smelter of Zhongjin Gold Corporation  CID002224  China  Yes
Tantalum  Asaka Riken Co., Ltd.  CID000092  Japan  Yes
Tantalum  Changsha South Tantalum Niobium Co., Ltd.  CID000211  China  Yes
Tantalum  CP Metals Inc.  CID003402  United States  Yes
Tantalum  D Block Metals, LLC  CID002504  United States  Yes
Tantalum  Exotech Inc.  CID000456  United States  Yes
Tantalum  F&X Electro-Materials Ltd.  CID000460  China  Yes
Tantalum  FIR Metals & Resource Ltd.  CID002505  China  Yes
Tantalum  Global Advanced Metals Aizu  CID002558  Japan  Yes
Tantalum  Global Advanced Metals Boyertown  CID002557  United States  Yes
Tantalum  Guangdong Zhiyuan New Material Co., Ltd.  CID000616  China  Yes
Tantalum  H.C. Starck Co., Ltd.  CID002544  Thailand  Yes
Tantalum  H.C. Starck Hermsdorf GmbH  CID002547  Germany  Yes
Tantalum  H.C. Starck Inc.  CID002548  United States  Yes
Tantalum  H.C. Starck Ltd.  CID002549  Japan  Yes
Tantalum  H.C. Starck Smelting GmbH & Co. KG  CID002550  Germany  Yes
Tantalum  H.C. Starck Tantalum and Niobium GmbH  CID002545  Germany  Yes
Tantalum  Hengyang King Xing Lifeng New Materials Co., Ltd.  CID002492  China  Yes

 

   
   

 

Metal  Smelter or Refiner Name  RMI Smelter ID  Smelter or Refiner Location  Conflict-Free Certification
Tantalum  Jiangxi Dinghai Tantalum & Niobium Co., Ltd.  CID002512  China  Yes
Tantalum  Jiangxi Tuohong New Raw Material  CID002842  China  Yes
Tantalum  JiuJiang JinXin Nonferrous Metals Co., Ltd.  CID000914  China  Yes
Tantalum  Jiujiang Tanbre Co., Ltd.  CID000917  China  Yes
Tantalum  Jiujiang Zhongao Tantalum & Niobium Co., Ltd.  CID002506  China  Yes
Tantalum  KEMET Blue Metals  CID002539  Mexico  Yes
Tantalum  LSM Brasil S.A.  CID001076  Brazil  Yes
Tantalum  Metallurgical Products India Pvt., Ltd.  CID001163  India  Yes
Tantalum  Mineracao Taboca S.A.  CID001175  Brazil  Yes
Tantalum  Mitsui Mining and Smelting Co., Ltd.  CID001192  Japan  Yes
Tantalum  Ningxia Orient Tantalum Industry Co., Ltd.  CID001277  China  Yes
Tantalum  NPM Silmet AS  CID001200  Estonia  Yes
Tantalum  PRG Dooel  CID002847  Macedonia, The Former Yugoslav Republic Of  Yes
Tantalum  QuantumClean  CID001508  United States  Yes
Tantalum  Resind Industria e Comercio Ltda.  CID002707  Brazil  Yes
Tantalum  Solikamsk Magnesium Works OAO  CID001769  Russian Federation  Yes
Tantalum  Taki Chemical Co., Ltd.  CID001869  Japan  Yes
Tantalum  Telex Metals  CID001891  United States  Yes
Tantalum  Ulba Metallurgical Plant JSC  CID001969  Kazakhstan  Yes
Tantalum  XinXing Haorong Electronic Material Co., Ltd.  CID002508  China  Yes
Tantalum  Yanling Jincheng Tantalum & Niobium Co., Ltd.  CID001522  China  Yes
Tin  Alpha  CID000292  United States  Yes
Tin  An Vinh Joint Stock Mineral Processing Company  CID002703  Viet Nam   
Tin  Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.  CID000228  China  Yes
Tin  Chifeng Dajingzi Tin Industry Co., Ltd.  CID003190  China  Yes
Tin  China Tin Group Co., Ltd.  CID001070  China  Yes
Tin  Dongguan CiEXPO Environmental Engineering Co., Ltd.  CID003356  China   
Tin  Dowa  CID000402  Japan  Yes
Tin  Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company  CID002572  Viet Nam   
Tin  EM Vinto  CID000438  Bolivia  Yes
Tin  Estanho de Rondonia S.A.  CID000448  Brazil   
Tin  Fenix Metals  CID000468  Poland  Yes

 

   
   

 

Metal  Smelter or Refiner Name  RMI Smelter ID  Smelter or Refiner Location  Conflict-Free Certification
Tin  Gejiu City Fuxiang Industry and Trade Co., Ltd.  CID003410  China   
Tin  Gejiu Kai Meng Industry and Trade LLC  CID000942  China  Yes
Tin  Gejiu Non-Ferrous Metal Processing Co., Ltd.  CID000538  China  Yes
Tin  Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.  CID001908  China  Yes
Tin  Gejiu Zili Mining And Metallurgy Co., Ltd.  CID000555  China  Yes
Tin  Guangdong Hanhe Non-Ferrous Metal Co., Ltd.  CID003116  China  Yes
Tin  Guanyang Guida Nonferrous Metal Smelting Plant  CID002849  China  Yes
Tin  HuiChang Hill Tin Industry Co., Ltd.  CID002844  China  Yes
Tin  Huichang Jinshunda Tin Co., Ltd.  CID000760  China  Yes
Tin  Jiangxi New Nanshan Technology Ltd.  CID001231  China  Yes
Tin  Ma’anshan Weitai Tin Co., Ltd.  CID003379  China  Yes
Tin  Magnu’s Minerais Metais e Ligas Ltda.  CID002468  Brazil  Yes
Tin  Malaysia Smelting Corporation (MSC)  CID001105  Malaysia  Yes
Tin  Melt Metais e Ligas S.A.  CID002500  Brazil  Yes
Tin  Metallic Resources, Inc.  CID001142  United States  Yes
Tin  Metallo Belgium N.V.  CID002773  Belgium  Yes
Tin  Metallo Spain S.L.U.  CID002774  Spain  Yes
Tin  Mineracao Taboca S.A.  CID001173  Brazil  Yes
Tin  Minsur  CID001182  Peru  Yes
Tin  Mitsubishi Materials Corporation  CID001191  Japan  Yes
Tin  Modeltech Sdn Bhd  CID002858  Malaysia   
Tin  Nghe Tinh Non-Ferrous Metals Joint Stock Company  CID002573  Viet Nam   
Tin  O.M. Manufacturing (Thailand) Co., Ltd.  CID001314  Thailand  Yes
Tin  O.M. Manufacturing Philippines, Inc.  CID002517  Philippines  Yes
Tin  Operaciones Metalurgicas S.A.  CID001337  Bolivia  Yes
Tin  Pongpipat Company Limited  CID003208  Myanmar   
Tin  Precious Minerals and Smelting Limited  CID003409  India  Yes
Tin  PT Artha Cipta Langgeng  CID001399  Indonesia  Yes
Tin  PT ATD Makmur Mandiri Jaya  CID002503  Indonesia  Yes
Tin  PT Menara Cipta Mulia  CID002835  Indonesia  Yes
Tin  PT Mitra Stania Prima  CID001453  Indonesia  Yes
Tin  PT Refined Bangka Tin  CID001460  Indonesia  Yes
Tin  PT Timah Tbk Kundur  CID001477  Indonesia  Yes
Tin  PT Timah Tbk Mentok  CID001482  Indonesia  Yes
Tin  Resind Industria e Comercio Ltda.  CID002706  Brazil  Yes
Tin  Rui Da Hung  CID001539  Taiwan  Yes

 

   
   

 

Metal  Smelter or Refiner Name  RMI Smelter ID  Smelter or Refiner Location  Conflict-Free Certification
Tin  Soft Metais Ltda.  CID001758  Brazil  Yes
Tin  Super Ligas  CID002756  Brazil   
Tin  Thai Nguyen Mining and Metallurgy Co., Ltd.  CID002834  Viet Nam  Yes
Tin  Thaisarco  CID001898  Thailand  Yes
Tin  Tin Technology & Refining  CID003325  United States  Yes
Tin  Tuyen Quang Non-Ferrous Metals Joint Stock Company  CID002574  Viet Nam   
Tin  White Solder Metalurgia e Mineracao Ltda.  CID002036  Brazil  Yes
Tin  Yunnan Chengfeng Non-ferrous Metals Co., Ltd.  CID002158  China  Yes
Tin  Yunnan Tin Company Limited  CID002180  China  Yes
Tin  Yunnan Yunfan Non-ferrous Metals Co., Ltd.  CID003397  China  Yes
Tungsten  A.L.M.T. TUNGSTEN Corp.  CID000004  Japan  Yes
Tungsten  ACL Metais Eireli  CID002833  Brazil  Yes
Tungsten  Asia Tungsten Products Vietnam Ltd.  CID002502  Viet Nam  Yes
Tungsten  Chenzhou Diamond Tungsten Products Co., Ltd.  CID002513  China  Yes
Tungsten  Chongyi Zhangyuan Tungsten Co., Ltd.  CID000258  China  Yes
Tungsten  CNMC (Guangxi) PGMA Co., Ltd.  CID000281  China   
Tungsten  Fujian Ganmin RareMetal Co., Ltd.  CID003401  China  Yes
Tungsten  Fujian Jinxin Tungsten Co., Ltd.  CID000499  China  Yes
Tungsten  Ganzhou Haichuang Tungsten Co., Ltd.  CID002645  China  Yes
Tungsten  Ganzhou Huaxing Tungsten Products Co., Ltd.  CID000875  China  Yes
Tungsten  Ganzhou Jiangwu Ferrotungsten Co., Ltd.  CID002315  China  Yes
Tungsten  Ganzhou Seadragon W & Mo Co., Ltd.  CID002494  China  Yes
Tungsten  Global Tungsten & Powders Corp.  CID000568  United States  Yes
Tungsten  Guangdong Xianglu Tungsten Co., Ltd.  CID000218  China  Yes
Tungsten  H.C. Starck Smelting GmbH & Co. KG  CID002542  Germany  Yes
Tungsten  H.C. Starck Tungsten GmbH  CID002541  Germany  Yes
Tungsten  Hunan Chenzhou Mining Co., Ltd.  CID000766  China  Yes
Tungsten  Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji  CID002579  China  Yes
Tungsten  Hunan Chunchang Nonferrous Metals Co., Ltd.  CID000769  China  Yes
Tungsten  Hunan Litian Tungsten Industry Co., Ltd.  CID003182  China  Yes
Tungsten  Hydrometallurg, JSC  CID002649  Russian Federation  Yes
Tungsten  Japan New Metals Co., Ltd.  CID000825  Japan  Yes
Tungsten  Jiangwu H.C. Starck Tungsten Products Co., Ltd.  CID002551  China  Yes
Tungsten  Jiangxi Gan Bei Tungsten Co., Ltd.  CID002321  China  Yes

 

   
   

 

Metal  Smelter or Refiner Name  RMI Smelter ID  Smelter or Refiner Location  Conflict-Free Certification
Tungsten  Jiangxi Minmetals Gao’an Non-ferrous Metals Co., Ltd.  CID002313  China   
Tungsten  Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.  CID002318  China  Yes
Tungsten  Jiangxi Xianglu Tungsten Co., Ltd.  CID002647  China  Yes
Tungsten  Jiangxi Xinsheng Tungsten Industry Co., Ltd.  CID002317  China  Yes
Tungsten  Jiangxi Yaosheng Tungsten Co., Ltd.  CID002316  China  Yes
Tungsten  JSC “Kirovgrad Hard Alloys Plant”  CID003408  Russian Federation  Yes
Tungsten  Kennametal Fallon  CID000966  United States  Yes
Tungsten  Kennametal Huntsville  CID000105  United States  Yes
Tungsten  KGETS CO., LTD.  CID003388  Korea, Republic of  Yes
Tungsten  Lianyou Metals Co., Ltd.  CID003407  Taiwan  Yes
Tungsten  Malipo Haiyu Tungsten Co., Ltd.  CID002319  China  Yes
Tungsten  Masan Tungsten Chemical LLC (MTC)  CID002543  Viet Nam  Yes
Tungsten  Moliren Ltd.  CID002845  Russian Federation  Yes
Tungsten  Niagara Refining LLC  CID002589  United States  Yes
Tungsten  Philippine Chuangxin Industrial Co., Inc.  CID002827  Philippines  Yes
Tungsten  Tejing (Vietnam) Tungsten Co., Ltd.  CID001889  Viet Nam  Yes
Tungsten  Unecha Refractory Metals Plant  CID002724  Russian Federation  Yes
Tungsten  Wolfram Bergbau und Hutten AG  CID002044  Austria  Yes
Tungsten  Woltech Korea Co., Ltd.  CID002843  Korea, Republic of  Yes
Tungsten  Xiamen Tungsten (H.C.) Co., Ltd.  CID002320  China  Yes
Tungsten  Xiamen Tungsten Co., Ltd.  CID002082  China  Yes
Tungsten  Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.  CID002830  China  Yes
Tungsten  Xinhai Rendan Shaoguan Tungsten Co., Ltd.  CID002095  China  Yes

 

Smelters or Refiners That Sourced from the Covered Countries

 

The table below lists the smelter or refiner facilities which, to the extent known, processed the necessary conflict minerals in our products or products produced by companies in our supply chain that were sourced from the Covered Countries, and hence were subject to due diligence.

 

The Conflict-Free Certification designations in the table are:

 

  RMAP: The smelter has an active certification or is in the process of renewing their certification as a conformant smelter in the Responsible Minerals Assurance Process (RMAP) from the Responsible Minerals Initiative (RMI).
  LBMA: The smelter has obtained a Responsible Gold Certification from the London Bullion Market Association (LBMA).

 

   
   

 

Metal  Smelter or Refiner Name  RMI Smelter ID  Smelter or Refiner Location  Conflict-Free Certifications
Gold  Almalyk Mining and Metallurgical Complex (AMMC)  CID000041  Uzbekistan  LBMA, RMAP
Gold  Asaka Riken Co., Ltd.  CID000090  Japan  RMAP
Gold  CCR Refinery - Glencore Canada Corporation  CID000185  Canada  LBMA, RMAP
Gold  Jiangxi Copper Co., Ltd.  CID000855  China  LBMA, RMAP
Gold  Mitsubishi Materials Corporation  CID001188  Japan  LBMA, RMAP
Gold  Nihon Material Co., Ltd.  CID001259  Japan  LBMA, RMAP
Gold  Prioksky Plant of Non-Ferrous Metals  CID001386  Russian Federation  LBMA, RMAP
Gold  Rand Refinery (Pty) Ltd.  CID001512  South Africa  LBMA, RMAP
Gold  Samduck Precious Metals  CID001555  Korea, Republic of  RMAP
Tantalum  Changsha South Tantalum Niobium Co., Ltd.  CID000211  China  RMAP
Tantalum  F&X Electro-Materials Ltd.  CID000460  China  RMAP
Tantalum  Global Advanced Metals Aizu  CID002558  Japan  RMAP
Tantalum  Global Advanced Metals Boyertown  CID002557  United States  RMAP
Tantalum  Guangdong Zhiyuan New Material Co., Ltd.  CID000616  China  RMAP
Tantalum  H.C. Starck Co., Ltd.  CID002544  Thailand  RMAP
Tantalum  H.C. Starck Hermsdorf GmbH  CID002547  Germany  RMAP
Tantalum  H.C. Starck Inc.  CID002548  United States  RMAP
Tantalum  H.C. Starck Ltd.  CID002549  Japan  RMAP
Tantalum  H.C. Starck Smelting GmbH & Co. KG  CID002550  Germany  RMAP
Tantalum  H.C. Starck Tantalum and Niobium GmbH  CID002545  Germany  RMAP
Tantalum  JiuJiang JinXin Nonferrous Metals Co., Ltd.  CID000914  China  RMAP
Tantalum  Jiujiang Tanbre Co., Ltd.  CID000917  China  RMAP
Tantalum  Jiujiang Zhongao Tantalum & Niobium Co., Ltd.  CID002506  China  RMAP
Tantalum  KEMET Blue Metals  CID002539  Mexico  RMAP
Tantalum  LSM Brasil S.A.  CID001076  Brazil  RMAP
Tantalum  Ningxia Orient Tantalum Industry Co., Ltd.  CID001277  China  RMAP
Tantalum  Taki Chemical Co., Ltd.  CID001869  Japan  RMAP
Tantalum  Ulba Metallurgical Plant JSC  CID001969  Kazakhstan  RMAP
Tin  EM Vinto  CID000438  Bolivia  RMAP
Tin  Magnu’s Minerais Metais e Ligas Ltda.  CID002468  Brazil  RMAP
Tin  Malaysia Smelting Corporation (MSC)  CID001105  Malaysia  RMAP
Tin  Metallo Belgium N.V.  CID002773  Belgium  RMAP
Tin  Operaciones Metalurgicas S.A.  CID001337  Bolivia  RMAP
Tin  Thaisarco  CID001898  Thailand  RMAP

 

   
   

 

Metal  Smelter or Refiner Name  RMI Smelter ID  Smelter or Refiner Location  Conflict-Free Certifications
Tungsten  A.L.M.T. TUNGSTEN Corp.  CID000004  Japan  RMAP
Tungsten  Asia Tungsten Products Vietnam Ltd.  CID002502  Viet Nam  RMAP
Tungsten  Chongyi Zhangyuan Tungsten Co., Ltd.  CID000258  China  RMAP
Tungsten  Ganzhou Huaxing Tungsten Products Co., Ltd.  CID000875  China  RMAP
Tungsten  Ganzhou Jiangwu Ferrotungsten Co., Ltd.  CID002315  China  RMAP
Tungsten  H.C. Starck Tungsten GmbH  CID002541  Germany  RMAP
Tungsten  Hydrometallurg, JSC  CID002649  Russian Federation  RMAP
Tungsten  Jiangxi Xinsheng Tungsten Industry Co., Ltd.  CID002317  China  RMAP
Tungsten  Xiamen Tungsten (H.C.) Co., Ltd.  CID002320  China  RMAP
Tungsten  Xiamen Tungsten Co., Ltd.  CID002082  China  RMAP

 

Country of Origin

 

The countries of origin of the Conflict Minerals processed by the smelters and refiners believed to be in our supply chain include the following countries:

 

Gold:

 

Argentina; Armenia; Australia; Austria; Belgium; Bermuda; Bolivia; Brazil; Burundi; Cambodia; Canada; Chile; China; Colombia; Congo (Brazzaville); Czech Republic; Djibouti; DRC- Congo (Kinshasa); Ecuador; Egypt; Estonia; Ethiopia; Finland; France; Germany; Ghana; Guinea; Guyana; Hong Kong; Hungary; India; Indonesia; Ireland; Israel; Italy; Ivory Coast; Japan; Jersey; Kazakhstan; Korea, Republic of; Kyrgyzstan; Laos; Luxembourg; Madagascar; Malaysia; Mali; Mexico; Mongolia; Mozambique; Myanmar; Namibia; Netherlands; New Zealand; Niger; Nigeria; Papua New Guinea; Peru; Philippines; Poland; Portugal; Russian Federation; Rwanda; Saudi Arabia; Sierra Leone; Singapore; Slovakia; South Africa; Spain; Suriname; Sweden; Switzerland; Taiwan; Tajikistan; Tanzania; Thailand; Turkey; United Arab Emirates; United Kingdom; United States; Uzbekistan; Viet Nam; Zambia; Zimbabwe.

 

Tantalum:

 

Angola; Argentina; Australia; Austria; Belarus; Belgium; Bolivia; Brazil; Burundi; Cambodia; Canada; Central African Republic; Chile; China; Colombia; Congo (Brazzaville); Czech Republic; Djibouti; DRC- Congo (Kinshasa); Ecuador; Egypt; Estonia; Ethiopia; France; Germany; Ghana; Guinea; Guyana; Hungary; India; Indonesia; Ireland; Israel; Italy; Ivory Coast; Japan; Jersey; Kazakhstan; Kenya; Korea, Republic of; Laos; Luxembourg; Madagascar; Malaysia; Mali; Mexico; Mongolia; Mozambique; Myanmar; Namibia; Netherlands; Niger; Nigeria; Peru; Philippines; Poland; Portugal; Russian Federation; Rwanda; Sierra Leone; Singapore; Slovakia; South Africa; South Sudan; Spain; Suriname; Switzerland; Taiwan; Tanzania; Thailand; Uganda; United Kingdom; United States; Viet Nam; Zambia; Zimbabwe.

 

   
   

 

Tin:

 

Angola; Argentina; Australia; Austria; Belgium; Bolivia; Brazil; Burundi; Cambodia; Canada; Central African Republic; Chile; China; Colombia; Congo (Brazzaville); Czech Republic; Djibouti; DRC- Congo (Kinshasa); Ecuador; Egypt; Estonia; Ethiopia; France; Germany; Guyana; Hong Kong; Hungary; India; Indonesia; Ireland; Israel; Ivory Coast; Japan; Jersey; Kazakhstan; Kenya; Korea, Republic of; Kyrgyzstan; Laos; Luxembourg; Madagascar; Malaysia; Mexico; Mongolia; Morocco; Mozambique; Myanmar; Namibia; Netherlands; Nigeria; Papua New Guinea; Peru; Philippines; Poland; Portugal; Russian Federation; Rwanda; Sierra Leone; Singapore; Slovakia; South Africa; South Sudan; Spain; Suriname; Sweden; Switzerland; Taiwan; Tanzania; Thailand; Turkey; Uganda; United Kingdom; United States; Uzbekistan; Viet Nam; Zambia; Zimbabwe.

Tungsten:

 

Angola; Argentina; Australia; Austria; Belgium; Bolivia; Brazil; Burundi; Cambodia; Canada; Central African Republic; Chile; China; Colombia; Congo (Brazzaville); Czech Republic; Djibouti; DRC- Congo (Kinshasa); Ecuador; Egypt; Estonia; Ethiopia; France; Germany; Guinea; Guyana; Hungary; India; Indonesia; Ireland; Israel; Ivory Coast; Japan; Kazakhstan; Korea, Republic of; Laos; Luxembourg; Madagascar; Malaysia; Mexico; Mongolia; Mozambique; Myanmar; Namibia; Netherlands; Niger; Nigeria; Papua New Guinea; Peru; Philippines; Portugal; Russian Federation; Rwanda; Sierra Leone; Singapore; Slovakia; South Africa; South Sudan; Spain; Suriname; Switzerland; Taiwan; Tanzania; Thailand; Uganda; United Kingdom; United States; Viet Nam; Zambia; Zimbabwe.

 

Steps to be Taken to Mitigate Risk

 

For the next reporting year, Stereotaxis plans to continue to work with our suppliers as deemed appropriate to help them understand and satisfy our conflict-free expectations. We will continue to monitor the progress of suppliers which report to be sourcing from non-conformant smelters believed to source conflict minerals from the Covered Countries, work to improve supplier response rates, and continue to improve our internal due diligence determination process.

 

Additional Risk Factors

 

Our conflict minerals disclosure is made in good faith and based on our best efforts. However, other factors could have led to errors in the disclosure. They include, but are not limited to gaps in supplier data, error in supplier knowledge, gaps in smelter auditing processes, errors in public data, errors in language translation, and delays in reporting data through the lengthy supply chain that exists between the upstream smelters or refiners and Stereotaxis.