US buyers snub Bolivian tin after Apple move

Some tin consumers in the United States have refused to take metal from Empresa Metalúrgica Vinto's smelter in Bolivia after the company was cut from Apple's supplier list - a move largely lambasted by industry participants.

“We heard about some buyers in the US refusing to take Vinto [material],” a European trader said.
In a specialized disclosure form with the US Securities and Exchange Commission dated Wednesday March 7, Apple listed Vinto as among the smelters that are “in the process of being removed” from the company’s supply chain.

“One of our customers advised that they would not accept the Vinto brand tin from Bolivia because Apple [alleges that] they are using child labor,” one...


May 02, 2018

11:06 GMT

New York