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iTSCi signs agreement in DRC to extend tin traceability initiative
March 12, 2012 - 11:05 GMT
The ITRI Tin Supply Chain Initiative (iTSCi) has signed a memorandum of understanding (MoU) with the ministry of mines in the Democratic Republic of Congo (DRC), extending co-operation on bringing the initiative into other parts of the country, ITRI said on Monday March 12.
The MoU was agreed following ministry experts’
evaluation on the progress of the initiative, reporting
improved transparency and statistics on production, as well as
increased government control and governance in the tin-bearing
mineral sector in Katanga province, according to ITRI. The
initiative uses a traceability system, in which material is
"bagged and tagged" to prove it is conflict-free, in a bid to
flush out material of dubious origin from the tin supply chain.
Katanga is the only province in which iTSCi is currently able
to operate. A report in December last year, containing the
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Euromoney Institutional Investor PLC.
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