Conflict Minerals Rule in the US: Repeal or Reform?
| Case Code: BENV041 Case Length: 17 Pages Period: 2008-2018 Pub Date: 2021 Teaching Note: Available |
Price: Rs.500 Organization: - Industry: - Countries: United States Themes: Public-Private Partnerships , Public Policy, Business Ethics |
Abstract Case Intro 1 Case Intro 2 Excerpts
Conflict in Minerals-Rich Eastern DRC
The Democratic Republic of Congo (DRC) had always been an important transit region for trade in Central Africa. Minerals were a part of the DRC’s vast natural resources and trade in minerals contributed significantly to the region’s economy. The region contained large deposits of valuable minerals such as tin , tungsten , and tantalum , which were mined from ore and extracted in Congo or surrounding countries, including Angola, Rwanda, and Sudan (See Exhibit I). In 2014, the DRC’s share of the world’s mined cobalt production amounted to 51%; tantalum 17%; diamond 13%, and copper 6%. Reportedly, 95% of the DRC’s export earnings came from the export of minerals, which also contributed to about 28% of government revenue..
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