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
What’s new on EMRT?
The new EMRT revision 1.1 is released! The template was released on 14th of October 2022 and will be officially launched on 20th of October 2022. The major updates to be noted on the EMRT v 1.1 are: Bug fixes and errors correction, Enhancements to avoid conflict with IPC 1755A say filter activation/searches in the Smelter list tab, ISO short names updated for Countries, States/provinces, Updated list of Smelters for reference We know CRT was for Cobalt reporting and MRT was for Mica reporting, but the use of these separate templates is now phased out by RMI with effective from 31st of March 2022. The Extended Mineral Reporting Template (EMRT) was originally published on 20th Oct 2021 by the Responsible Minerals Initiative (RMI) and IPC 1755 standards committee. A combined Cobalt Report Template (CRT) and Mica Reporting Template (MRT) has been developed for exploration companies to gather information on Cobalt and Mica as part of their due diligence process. A good practice measure is to provide EMRTs to your customers and to post them on your external website. So, do remember to use EMRT version 1.1 or higher for the subsequent reporting year as suggested by RMI. Get a free consultation with our experts to learn how this new update applies to you and stay in compliance with the updated template.