Did you know about the new reporting – Pilot reporting template (PRT)?
RMI has developed the new reporting template for due diligence of minerals excluding 3TG (Tin, Tantalum, Tungsten and Gold), Mica and Cobalt. 3TGs are reported in CMRT and Mica and cobalt together reported in EMRTs. For other metals like copper, Aluminium, Nickle, Lithium we RMI suggest using Pilot Reporting Template also called PRT. This template was launched on 11th November 2022. The released PRT is in pilot test and the next version of PRT is anticipated in Q3 2023. PRT like CMRT and EMRT has similar questions also provision for due diligence process for any other metal apart from Copper, Aluminium, Nickle, Lithium up to scope of 10 metals/minerals. Difference between CMRT, EMRT and PRT The CMRT and EMRT were developed in line with IPC-1755 Responsible Sourcing of Minerals Data Exchange Standard, while PRT was not designed to fully align with this Standard with intention being minerals in PRT are slowly transitioned to EMRT. In PRT downstream companies can have due diligence for up to 10 minerals/metals except for the minerals already covered in CMRT and EMRT. PRT has only 2 questions to answer basis the scope of declaration and has no specific company level questions. Talk to one of our conflict minerals specialist today, to learn which is the best suitable template for your conflict minerals reporting. These links will help with more info on 3TG reporting: PRT FAQs Download PRT PRT completion Guide
Did you know, EMRT is updated by RMI?
On December 23, 2021, a new version of EMRT 1.02 is released by RMI. This new release has only minor changes. The new release has corrected the issues reported in Chinese translation. Originally, Extended Mineral Reporting Template (EMRT) was published by the Responsible Minerals Initiative (RMI) and IPC 1755 standards committee on 20th Oct 2021. The Cobalt Report Template (CRT) and Mica Reporting Template (MRT) have been consolidated into Extended Minerals Reporting Template (EMRT) to enable exploration companies to gather information on Cobalt and Mica as part of the due diligence process. A supply chain data collection and sharing tool, the EMRT is designed for downstream companies to use as a method to gather and disclose supply chain data. In the past, there were separate reporting templates for Cobalt and MICA. The purpose of the EMRT is to increase the efficiency and ease the supply chain surveying process by increasing the use of technology. Unlike conflict minerals (CMRT), there is no regulatory compliance requirement for cobalt and mica as of now which are the current scope of EMRT. It is expected that the next release of EMRT will be released in the fall of 2022. EMRTs are not collected by the RMI. EMRTs should be provided to your customers as a good practice measure, and may also be posted on your external website. The latest EMRT can be downloaded from the Responsible Mineral Initiative Website. http://www.responsiblemineralsinitiative.org/media/docs/RMI_EMRT_1.02.xlsx The EMRT was designed in accordance with the Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas of the OECD. It was created to serve as an aid to corporate due diligence and to facilitate the identification of smelters and refiners. Schedule a free consultation with our experts if this regulation applies to you and you want to learn more about this topic and available solutions.
Everything about Revised Cobalt Refiner Supply Chain Due Diligence Standard
RMI (Responsible Mineral Initiative) and RCI (Responsible Cobalt Initiative) published their revised Cobalt Refiner Supply Chain Due Diligence Standard on Aug 19,2021. The Responsible Cobalt Initiative (RCI) is initiated by the upstream and downstream companies in the global cobalt supply chain. It is dedicated in identifying, preventing and addressing the social and environmental challenges of cobalt supply chain with a systematic method, minimizing negative impacts, improving community livelihood, and building an inclusive, sustainable and responsible cobalt supply chain. This revised standard replaces the originally released 2018 due diligence standard of Cobalt refiner supply chain. This revised standard enables companies to also comply with the London Metal Exchange (LME); along with supporting companies’ due diligence and responsible production and sourcing activities within the cobalt value chain. A multi-year process to review the process and results of independent third-party assessments and receive feedback from refiners, auditors and customers, resulted in this revised standard. Major changes in Cobalt Refiner Supply Chain Due Diligence Standard Required data points captured by system of controls and transparency for all cobalt-bearing material received is clarified. Requirements to assess plausibility of material coming from declared sources is clarified. Articulation of further company risk management requirements. Addition of Step 6: Community Participation. It encourages companies to consider ways to effectively engage local communities to establish partnerships with artisanal miners, governmental and non-governmental organizations, and other stakeholders. The revised Standard included the principles and requirements of the Chinese Due Diligence Guidelines for Responsible Mineral Supply Chains and the OECD Due Diligence Guidance for Responsible Mineral Supply Chains from Conflict-Affected and High-Risk Areas. This standard encourages companies to source responsibly from Conflict-Affected ,High-Risk Areas ,artisanal and small-scale mineral producers. Procurement responsibilities not only include due diligence and risk management but also ,engagement with stakeholders in the supply chain .This will drive a positive impact for the local communities that are beyond the actions required under this Standard. Assessment of this standard will be done by an independent third-party OECD Alignment. Its also necessary to obtain formal approval by the LME. The revised Cobalt Refiner Supply Chain Due Diligence Standard can be downloaded from here. Talk to one of our Global Compliance Specialists today!
CRT 2.0 A New Update: Everything About RMI’s New Version of the Cobalt Reporting Template
RMI(Responsible Mineral Initiatives) has released revised version of Cobalt Reporting Template CRT 2.2 on 28th October 2020. The first version of the CRT was launched on December 21, 2018. CRT is developed by RMI to identify choke points and collect due diligence information in the cobalt supply chain. It is a standardized template and can be downloaded from the RMI website. The last version of the CRT 2.1 was released on May 2020 Below are the major changes incorporated in CRT v. 2.2 Updates to the Smelter Reference List Corrections to reported bugs on “Smelter List” tab Updates to the Smelter Look-up List and Standard Smelter List Updated ISO codes The next version of the CRT is expected to be released during September- October 2021
CMRT & CRT Update
New Version of Conflict Mineral Reporting Template CMRT v 6.01 and Cobalt Reporting Template CRT v 2.11 is released by RMI. CMRT v 6.01 (Conflict Mineral Reporting Template) RMI has released the new version of CMRT on 19th May 2020, which will replace the current version of CMRT v 5.12. The CMRT v 6.01 must be used for the next reporting year. For the current reporting year, all organization can use the CMRT v 5.1 or higher. The major changes that you will see in CMRT v 6.01 include: Corrections of all bugs and errors Updated ISO country, state and province lists Conformance to IPC-1755, which incorporated EU Conflict Minerals Regulation in the wordings of the following questions: Q 4 (newly added), Q H (formerly Q I), removal of former question C Updates to the Smelter Reference List and Standard Smelter List The next version of the CMRT is expected to be released during March-April 2021 CRT v 2.11 (Cobalt Reporting Template) RMI also updated the CRT (Cobalt Reporting Template) to CRT v 2.11 on 19th May 2020, which will replace the current CRT v 2.0 released on 30th October 2019. The Cobalt Reporting Template is a free, standardized reporting template developed by the Responsible Minerals Initiative to identify choke points and collect due diligence information in the cobalt supply chain. The template was formally launched on December 21, 2018. The major changes to the CRT v 2.11 are updates to the Smelter Reference List, which includes Cobalt Crude refiners that are designated Eligible in the Smelter Database. The next version of the CRT is expected to be released during September-October 2020 Talk to our global compliance expert to get help with your Conflict Minerals and Cobalt Compliance programs, that covers supplier training, CMRT / CRT collection and a robust supplier engagement platform or write us at [email protected]
RMI has released Cobalt Reporting Template Version 2.0 (CRT 2.0)
The Cobalt Reporting Template is developed by the Responsible Minerals Initiative (RMI) to identify choke points and collect due diligence information in the cobalt supply chain. This is a free standardised template and was launched on December 21, 2018. RMI has revised the CRT with effect from 30th October 2019 and the new version is CRT 2.0. The major changes compared to the earlier version are mentioned below: All bugs and errors were corrected Modified to conform as per IPC-1755 amendment dated May 2019 More clarity is given on the instructions and definitions Smelter Look-up tab and Instructions are aligned to CMRT in language and format The Smelter Look-up List and the Standard Smelter List are updated The next version of the CRT is expected to be released during September-November of next year, 2020. ComplianceXL has the new version of the Cobalt reporting Template and has been using it since, keeping in mind the best interest of their clients. Once the newer version is released, they will make sure to update you with the news. CRT 2.0 is available for download here. List of currently identified cobalt refineries can be found in the below link: CRT EXPORT