As a manufacturer specializing in advanced magnetic materials, Ningbo Newland Magnet Industry Co., Ltd. is committed to corporate social responsibility and the promotion of a transparent and sustainable supply chain.
“Conflict minerals” generally refer to tin, tantalum, tungsten, and gold (3TG) originating from the Democratic Republic of the Congo (DRC) and adjoining regions, where mining activities may be linked to armed conflicts or unethical practices. We take this issue seriously and actively implement measures to address potential risks.
Ningbo Newland Magnet Industry Co., Ltd. commits to:
- Avoid sourcing minerals that directly or indirectly contribute to conflict
- Implement due diligence procedures across our supply chain
- Require suppliers to comply with applicable regulations and internationally recognized standards
- Work collaboratively with customers and partners to promote responsible sourcing
We will continue to strengthen our internal compliance systems and enhance supply chain transparency, ensuring our products meet global regulatory requirements while supporting sustainable industry development.
Ningbo Newland Magnet Industry Co., Ltd.
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