Since 2012, public companies have had to disclose to the SEC whether their products contain minerals like tin, tungsten, tantalum, or gold sourced from the Democratic Republic of Congo and neighboring countries, where armed groups profit from mining. This bill wipes out that requirement — a provision of the 2010 Dodd-Frank Act. Manufacturers, electronics companies, and jewelry firms would no longer have to track or report these sources. Supporters call the rule burdensome and ineffective; human rights groups say it has helped reduce funding for armed conflicts in central Africa.
Congressional Summary
This bill repeals reporting requirements related to the use of certain minerals from the Democratic Republic of the Congo (DRC) and the surrounding area by publicly traded companies. Currently, publicly traded companies must annually make disclosures if certain minerals (tin, tungsten, tantalum, or gold) are necessary to the functionality or production of a product manufactured by the company. As part of the reporting process, companies must determine if such minerals are from the DRC or the surrounding area and exercise due diligence to determine if the minerals are DRC conflict free, not found to be DRC conflict free, or are unable to be classified. (DRC conflict free means the minerals do not finance or benefit armed groups in the DRC or an adjoining country.)
Legislative Subjects
Details
- Congress
- 119th
- Chamber
- House
- Status
- summarized
- Action
- Reported to House
- Action Date
- 2026-03-19
- Date Added
- 2026-04-19