UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SD
Specialized Disclosure Report
Target Corporation
(Exact name of registrant as specified in its charter)
Minnesota |
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1-6049 |
(State or other jurisdiction of incorporation) |
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(Commission file number) |
1000 Nicollet Mall, Minneapolis, Minnesota |
55403 |
(Address of principle executive offices) |
(Zip code) |
Anthony Heredia
Senior Vice President, Compliance and Ethics
(612) 304-6073
(Name and telephone number, including area code,
of the person to contact in connection with this report.)
Check the
appropriate box to indicate the rule pursuant to which this form is being filed:
x Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1)
for the reporting period from January 1 to December 31, 2023.
¨ Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1)
for the fiscal year ended ________.
Section 1 – Conflict Minerals Disclosure
Item 1.01 Conflict Minerals Disclosure and Report
A Conflict Minerals Report is provided for 2023 as an Exhibit to
this Form SD and is available at https://corporate.target.com/sustainability-governance/responsible-supply-chains/human-rights/policies
under the heading “Conflict minerals policy.” The information contained on Target’s website is not incorporated
by reference into this Form SD or its Conflict Minerals Report and should not be considered part of this Form SD or the Conflict
Minerals Report.
Item 1.02 Exhibit
The Conflict Minerals Report described in Item 1.01 is filed as Exhibit 1.01
to this Form SD.
Section 2 – Resource Extraction Issuer Disclosure
Item 2.01 Resource Extraction Issuer Disclosure and Report
Not applicable.
Section 3 – Exhibits
Item 3.01 Exhibits
Exhibit 1.01. Conflict Minerals Report for the calendar year ended December 31, 2023.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.
TARGET CORPORATION |
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By: |
/s/ Don H. Liu |
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Date: May 31, 2024 |
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Name: Don H. Liu |
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Title: Executive Vice President and Chief Legal & Compliance Officer |
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Exhibit 1.01
![](https://www.sec.gov/Archives/edgar/data/27419/000110465924067142/tm2415275d1_ex1-01img001.jpg)
Conflict
Minerals Report
Filed
May 31, 2024
(For
the calendar year ended December 31, 2023)
This
Conflict Minerals Report is being filed by Target Corporation (“Target”) pursuant to Rule 13p-1 under the Securities
Exchange Act of 1934, as amended, and Form SD (collectively, the “Conflict Minerals Rule”). As used in this report,
consistent with the Conflict Minerals Rule, “3TG” means columbite-tantalite (coltan), cassiterite, gold, wolframite, and
the derivatives tantalum, tin, and tungsten.
Target
is a retailer offering both everyday essentials and fashionable, differentiated merchandise at discounted prices. Target does not manufacture
any of the products it sells. A significant portion of Target’s sales is from national brand merchandise. Approximately one-third
of Target’s sales come from its owned and exclusive brand products. Target may be subject to the requirements of the Conflict Minerals
Rule because of the degree of influence that it may exercise over the materials, parts, ingredients, or components of some of its
owned and exclusive brand products that contain necessary 3TG.
Target
does not do any direct business with any smelters or refiners of 3TG. As a “downstream” company (which means a company between
the smelter or refiner and the consumer), Target must rely on its vendors to provide accurate, reliable information about 3TG in its
supply chain. Target also believes that, in most cases, it is several or more vendor tiers removed from the smelters and refiners of
3TG used in its products. However, through the efforts described in this Conflict Minerals Report, including its support of multi-stakeholder
initiatives, Target is helping to address some of those difficulties presented to downstream companies and to encourage responsible sourcing
in its supply chain.
Target’s
Conflict Minerals Policy
Target
encourages its suppliers to source 3TG responsibly. Target’s conflict minerals policy (the “Conflict Minerals Policy”)
is publicly available at https://corporate.target.com/sustainability-governance/responsible-supply-chains/human-rights/policies.
The information contained on Target’s website is not incorporated by reference into this Conflict Minerals Report or Target’s
Form SD and should not be considered part of this Conflict Minerals Report or the Form SD.
The
Conflict Minerals Policy states that Target will not knowingly purchase or sell any owned or exclusive brand product that contains 3TG
that finances armed conflict in the Democratic Republic of the Congo (the “DRC”) or an adjoining country (together, the “Covered
Countries”).
The
Conflict Minerals Policy also includes Target’s expectation that each of the vendors with which it contracts to manufacture will:
| 1. | Adopt
a policy relating to 3TG sourcing that is consistent with Target’s Conflict Minerals
Policy and the Organisation for Economic Co-operation and Development’s Due Diligence
Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas:
Third Edition, including the Supplement on Tin, Tantalum, and Tungsten and the Supplement
on Gold (the “OECD Guidance”); |
| 2. | Complete
a Conflict Minerals Reporting Template (the “Reporting Template”), which is the
standard form developed by the Responsible Minerals Initiative (the “RMI”) for
gathering information regarding 3TG usage and related sourcing procedures; |
| 3. | Exercise
due diligence in seeking upstream information to support the vendor’s responses to
the questions in the Reporting Template; |
| 4. | Use
smelters and refiners certified as “Conformant,” but avoid a generalized embargo
on smelters or refiners in the Covered Countries; and |
| 5. | Make
available its due diligence in determining the source of its 3TG upon Target’s request. |
Reasonable
Country of Origin Inquiry
For
2023, Target conducted a “reasonable country of origin inquiry” (“RCOI”) within the meaning of the Conflict Minerals
Rule. To the extent applicable, Target used the same processes and procedures for its RCOI as it used for its due diligence efforts (in
particular, Steps 1 and 2 of the OECD Guidance, which are discussed below).
Target’s
outreach, which is described below, included the vendors of products within the owned and exclusive brand merchandise categories that
were identified as possibly containing 3TG (the “Surveyed Vendors”; these product categories are the “Surveyed Product
Categories”).
Due
Diligence Measures
Pursuant
to the Conflict Minerals Rule, Target conducted due diligence for 2023 using the OECD Guidance framework, as discussed below.
| 1. | OECD
Guidance Step 1. Establish Strong Company Management Systems |
Target’s
Conflict Minerals Policy is summarized above.
Target’s
existing integrity hotline has been designated as a grievance mechanism for team members, vendors, and other interested parties to be
able to report violations of the Conflict Minerals Policy. Reports may be made online at www.TargetIntegrityHotline.com or via
telephone from the U.S. and Canada at 1-800-541-6838. Information on how to report a suspected integrity violation via telephone from
outside of the U.S. and Canada is available at www.TargetIntegrityHotline.com.
The
Target Compliance and Ethics (“TCE”) team is responsible for managing Target’s 3TG compliance program. TCE designates
dedicated employees (referred to as “team members”) to supervise the program. TCE receives support from other Target team
members in Target’s sourcing, legal, internal audit, external financial reporting, and communications functions. The leadership
of TCE receives periodic updates regarding Target’s 3TG compliance program. In
2023,
training and other resources on the Conflict Minerals Rule and Target’s 3TG compliance program were furnished to applicable
TCE and other Target team members.
Target
supplements its internal compliance team with outside professionals. Target uses a third party (the “Service Provider”) to
collect, aggregate, and assess data from Surveyed Vendors to complement Target’s own internal management processes. Some of the
activities described in this report, whether or not so indicated, are performed by the Service Provider on Target’s behalf. Target
also uses specialist outside legal counsel to assist with its compliance efforts.
Target
maintains its 3TG-related records for a minimum of six years. Target has requested that the Service Provider store records in its possession
on Target’s behalf in accordance with Target’s internal document retention policy. These records are stored electronically
by the Service Provider.
Target
communicated its sourcing expectations relating to 3TG to the Surveyed Vendors through direct communications, information posted on Target’s
vendor website, and online training. Target’s item set-up system requests vendors to specify whether a vendor’s items contain
3TG. Target’s standard contract requires vendors to comply with the objectives of Target’s Conflict Minerals Policy. 3TG
training is made available to new vendors as part of Target’s onboarding process and remains available to vendors after onboarding.
Additionally, vendors are provided with an email address at Target where they can direct questions about Target’s 3TG compliance
program or Conflict Minerals Policy.
Target
uses the Reporting Template for its Surveyed Vendor outreach. Through the Service Provider, Surveyed Vendors also are offered access
to a vendor education portal and contacts for questions and guidance for responding to Target’s information requests. The Service
Provider also provides a multi-lingual help desk to assist Surveyed Vendors with questions on how to complete the Reporting Template.
In
addition, vendors and factories that produce owned and exclusive brand products for Target (including the Surveyed Vendors) must participate
in Target’s broader social compliance program. The program requires those vendors to register applicable facilities with Target,
indicating the locations of facilities. Additionally, each facility and vendor where owned and exclusive brand production takes place
must authorize unannounced compliance audits. Through Target’s broader social compliance program, Target has the right to conduct
unannounced spot-checks of vendors who may have produced products that contain 3TG and have access to their documentation.
As
part of Target’s commitment to providing increased supply chain transparency, Target publishes a list of registered factories producing
Target’s owned brand products on a quarterly basis. The list includes factories that directly produce Target’s owned brand
products as well as apparel textile suppliers and wet processing facilities.
| 2. | OECD
Guidance Step 2. Identify and Assess Risks in the Supply Chain |
For
2023, through the Service Provider, Target sent requests to 544 Surveyed Vendors to complete a Reporting Template.
The
Service Provider sent reminders to non-responsive Surveyed Vendors requesting that they complete the Reporting Template. The Service
Provider notified Target if Surveyed Vendors continued to be non-responsive. TCE team members followed up with non-responsive Surveyed
Vendors
and requested their participation. For 2023, Target received responses from 100% of its Surveyed Vendors.
The
Service Provider reviewed the responses received from the Surveyed Vendors against specific quality control flags. Follow-up inquiries
were made by the Service Provider to Surveyed Vendors to address incomplete responses, responses that indicated sources of 3TG that were
unknown to the Service Provider, and other responses that trigger follow-up or escalation. TCE team members also reviewed the responses
of certain Surveyed Vendors who indicated that their products did not contain 3TG, and related supply chain data from Target’s
internal systems, to confirm the accuracy of those responses. TCE followed up on the responses as it determined to be appropriate.
To
the extent that a completed Reporting Template identified a smelter or refiner, the Service Provider examined whether the smelter or
refiner was listed as Conformant. All of the unique smelters and refiners identified by Surveyed Vendors that provided product level
information were listed as Conformant by the RMI.
| 3. | OECD
Guidance Step 3. Design and Implement a Strategy to Respond to Identified Risks |
Summaries
of Surveyed Vendor responses were provided to the leadership of TCE.
To
the extent applicable, Target may suspend purchases of a product from a Surveyed Vendor until that vendor locates a source of 3TG verified
as coming from outside the Covered Countries or from a Conformant smelter or refiner in a Covered Country, subject to a reasonable grace
period to allow the existing smelter or refiner to become Conformant. TCE tracks violations of Target’s policy by Surveyed Vendors
and Target may stop doing business with Surveyed Vendors that are unwilling or unable to comply with Target’s policy.
In
addition, to the extent that identified smelters and refiners are not listed as Conformant, Target seeks to exercise leverage over these
smelters and refiners to become Conformant through participation in and support of the RMI. Target also uses information provided by
the RMI to its members to monitor smelter and refiner improvement.
| 4. | OECD
Guidance Step 4. Carry Out Independent Third-Party Audit of Supply Chain Due Diligence at
Identified Points in the Supply Chain |
In
connection with its due diligence, Target uses and relies upon information made available by the RMI concerning its independent third-party
audits of smelters and refiners to assess smelter and refiner due diligence and to determine whether the smelter or refiner is Conformant.
Through its membership in the RMI, Target supports industry-level implementation of independent third-party audits of smelters and refiners.
| 5. | OECD
Guidance Step 5. Report on Supply Chain Due Diligence |
Target
files a Form SD and Conflict Minerals Report with the Securities and Exchange Commission. In addition, Target includes information
on its Conflict Minerals Policy and 3TG compliance program in its annual Corporate Responsibility Report. Target’s Corporate Responsibility
Report is available on its website at https://corporate.target.com/sustainability-governance/governance-and-reporting/reporting-progress.
Potentially
In-Scope Products; Identified Smelters and Refiners
For
2023, the Surveyed Product Categories were: (1) Apparel and Home Textiles; (2) Electronics, Lighting, Kitchenware, and Small
Appliances; (3) Home Improvement and Automotive; (4) Footwear and Luggage; (5) Accessories, Jewelry, and Watches; (6) Furniture,
Home Décor, Bath, and Seasonal Merchandise; (7) Lawn and Garden; (8) Health and Beauty Products; (9) Toys, Sporting
Goods, and Pet Supplies; and (10) Paper, Office, Stationery, and Scrapbooking. These categories are different than the five merchandise
categories Target uses for purposes of its other periodic reports filed with the Securities and Exchange Commission that cover all of
the merchandise it sells.
Due
to the challenges of tracing sources of 3TG in a multi-tier supply chain, Target was able to determine the smelters and refiners that
processed only a portion of the 3TG contained in its potentially in-scope products for 2023. Target’s findings about the source
of necessary 3TG in products from Surveyed Vendors for 2023 were limited by the fact that many Surveyed Vendors reported only partial
supply chain information and most vendors did not provide information about the source of necessary 3TG on an individual product basis,
instead providing aggregate information for all of their products. Accordingly, Target has not determined that any of its products were
“DRC conflict free” within the meaning of the Conflict Minerals Rule. However, none of the necessary 3TG contained in the
in-scope products was determined by Target to directly or indirectly finance or benefit armed groups in the Covered Countries.
In
connection with Target’s RCOI or due diligence, as applicable, the Surveyed Vendors that provided product level information identified
50 unique smelters and refiners. Additional information on these smelters and refiners is provided in Annex A of this Conflict Minerals
Report.
Future
Risk Mitigation Efforts
Target
has taken or expects to take the following steps for 2024 to mitigate the risk that Target’s necessary in-scope 3TG benefit armed
groups:
| 1. | Continue
to promote industry-based efforts to educate vendors on the Conflict Minerals Rule and
related compliance measures, through participation in multi-stakeholder initiatives; |
| 2. | Further
refine its scoping process, and its review of supplier responses, to enhance accuracy and
efficiency; |
| 3. | Update
communication language to further encourage vendors to provide product level information
for 2024 through ongoing outreach to vendors; and |
| 4. | Engage
with vendors that provided incomplete responses for 2023 to encourage them to provide requested
information for 2024. |
All
of the foregoing steps are in addition to the other steps taken for 2023.
G.
Forward-Looking Statements
This
Conflict Minerals Report contains forward-looking statements, which are based on Target’s current assumptions and expectations.
These statements are typically accompanied by the words “expect,” “may,” “could,” “believe,”
“would,” “might,” “anticipates,” or similar words. The principal
forward-looking
statements in this report include Target’s expected refinements to its 3TG compliance program.
All
such forward-looking statements are intended to enjoy the protection of the safe harbor for forward-looking statements contained in the
Private Securities Litigation Reform Act of 1995, as amended. Although Target believes there is a reasonable basis for the forward-looking
statements, Target’s actual results could be materially different. The most important factors which could cause Target’s
actual results to differ from its forward-looking statements are (a) the continued implementation of satisfactory traceability and
other compliance measures by Target’s direct and indirect vendors on a timely basis or at all, (b) changes in the Conflict
Minerals Rule and other political and regulatory developments relating to the sourcing of 3TG, whether in the Covered Countries,
the United States or elsewhere, and (c) those factors set forth in Target’s description of risk factors in Item 1A of Target’s
Form 10-K for the fiscal year ended February 3, 2024, which should be read in conjunction with the forward-looking statements
in this Conflict Minerals Report. Forward-looking statements speak only as of the date of this Conflict Minerals Report or, if earlier,
as of the date they are made, and Target does not undertake any obligation to update any forward-looking statement.
Annex
A
Capitalized
terms used and not otherwise defined in this Annex have the meanings set forth in the accompanying Conflict Minerals Report.
Smelters
and Refiners
In
connection with Target’s RCOI or due diligence, as applicable, the Surveyed Vendors that provided product level information identified
the smelters and refiners listed below as having processed the 3TG contained in Target owned and exclusive brand products in 2023. Please
see the notes that accompany the table for additional information concerning the data in the table.
Smelter
and Refiner Information
Metal |
|
Official
Smelter or Refiner Name |
|
Smelter
or
Refiner
Country |
|
Certification
Status |
Gold |
|
Asahi Pretec
Corp. |
|
Japan |
|
Conformant |
Gold |
|
Ishifuku
Metal Industry Co., Ltd. |
|
Japan |
|
Conformant |
Gold |
|
JX Nippon
Mining & Metals Co., Ltd. |
|
Japan |
|
Conformant |
Gold |
|
Matsuda
Sangyo Co., Ltd. |
|
Japan |
|
Conformant |
Gold |
|
Metalor
Technologies (Hong Kong) Ltd. |
|
China |
|
Conformant |
Gold |
|
Metalor
Technologies (Singapore) Pte., Ltd. |
|
Singapore |
|
Conformant |
Gold |
|
Metalor
Technologies (Suzhou) Ltd. |
|
China |
|
Conformant |
Gold |
|
Metalor
Technologies S.A. |
|
Switzerland |
|
Conformant |
Gold |
|
Metalor
USA Refining Corporation |
|
United
States |
|
Conformant |
Gold |
|
Mitsubishi
Materials Corporation |
|
Japan |
|
Conformant |
Gold |
|
Mitsui
Mining and Smelting Co., Ltd. |
|
Japan |
|
Conformant |
Gold |
|
Nihon Material
Co., Ltd. |
|
Japan |
|
Conformant |
Gold |
|
Shandong
Gold Smelting Co., Ltd. |
|
China |
|
Conformant |
Gold |
|
Shandong
Zhaojin Gold & Silver Refinery Co., Ltd. |
|
China |
|
Conformant |
Gold |
|
Sumitomo
Metal Mining Co., Ltd. |
|
Japan |
|
Conformant |
Gold |
|
Tanaka
Kikinzoku Kogyo K.K. |
|
Japan |
|
Conformant |
Gold |
|
Tokuriki
Honten Co., Ltd. |
|
Japan |
|
Conformant |
Gold |
|
Western
Australian Mint (T/a The Perth Mint) |
|
Australia |
|
Conformant |
Tin |
|
Aurubis
Beerse |
|
Belguim |
|
Conformant |
Tin |
|
China Tin
Group Co., Ltd. |
|
China |
|
Conformant |
Tin |
|
Dowa |
|
Japan |
|
Conformant |
Tin |
|
Gejiu Non-Ferrous
Metal Processing Co., Ltd. |
|
China |
|
Conformant |
Tin |
|
Malaysia
Smelting Corporation (MSC) |
|
Malaysia |
|
Conformant |
Tin |
|
Mineracao
Taboca S.A. |
|
Brazil |
|
Conformant |
Tin |
|
Minsur |
|
Peru |
|
Conformant |
Tin |
|
Mitsubishi
Materials Corporation |
|
Japan |
|
Conformant |
Tin |
|
O.M. Manufacturing
Philippines, Inc. |
|
Philippines |
|
Conformant |
Tin |
|
Operaciones
Metalurgicas S.A. |
|
Bolivia |
|
Conformant |
Tin |
|
PT Artha
Cipta Langgeng |
|
Indonesia |
|
Conformant |
Tin |
|
PT
Babel Inti Perkasa |
|
Indonesia |
|
Conformant |
Tin |
|
PT Babel
Surya Alam Lestari |
|
Indonesia |
|
Conformant |
Tin |
|
PT Bangka
Serumpun |
|
Indonesia |
|
Conformant |
Tin |
|
PT Bukit
Timah |
|
Indonesia |
|
Conformant |
Tin |
|
PT Menara
Cipta Mulia |
|
Indonesia |
|
Conformant |
Tin |
|
PT Mitra
Stania Prima |
|
Indonesia |
|
Conformant
|
Tin |
|
PT Mitra
Sukses Globalindo |
|
Indonesia |
|
Conformant |
Tin |
|
PT Rajawali
Rimba Perkasa |
|
Indonesia |
|
Conformant |
Tin |
|
PT Refined
Bangka Tin |
|
Indonesia |
|
Conformant |
Tin |
|
PT Timah
Tbk Kundur |
|
Indonesia |
|
Conformant |
Tin |
|
PT Timah
Tbk Mentok |
|
Indonesia |
|
Conformant |
Tin
|
|
Rui Da
Hung |
|
Taiwan |
|
Conformant |
Tin |
|
Thaisarco |
|
Thailand |
|
Conformant |
Tin |
|
Tin Smelting
Branch of Yunnan Tin Co., Ltd. |
|
China |
|
Conformant |
Tin |
|
Yunnan
Chengfeng Non-ferrous Metals Co., Ltd. |
|
China |
|
Conformant |
Tungsten |
|
Chongyi
Zhangyuan Tungsten Co., Ltd. |
|
China |
|
Conformant |
Tungsten |
|
Global
Tungsten & Powders Corp. |
|
United
States |
|
Conformant |
Tungsten |
|
Japan New
Metals Co., Ltd. |
|
Japan |
|
Conformant |
Tungsten |
|
Jiangwu
H.C. Starck Tungsten Products Co., Ltd. |
|
China |
|
Conformant |
Tungsten |
|
Xiamen
Tungsten (H.C.) Co., Ltd. |
|
China |
|
Conformant |
Tungsten |
|
Xiamen
Tungsten Co., Ltd. |
|
China |
|
Conformant |
(a) |
The table lists only the smelters and
refiners identified by Surveyed Vendors that provided Target with product level smelter and refiner information for 2023. The smelters
and refiners reflected above may not be all of the smelters and refiners that processed the necessary 3TG in Target’s in-scope
products, since many of the Surveyed Vendors indicated that they were unable to identify all of the smelters and refiners used to process
the necessary 3TG contained in Target’s owned and exclusive brand products and many of the Surveyed Vendors provided company level
smelter and refiner information. In addition, some of the identified smelters and refiners may not be in Target’s supply chain
due to over-inclusiveness in the information provided by the Surveyed Vendors. |
|
|
(b) |
The table only includes entities that were listed as smelters
or refiners by the RMI. |
|
|
(c) |
“Smelter or Refiner Country” is the country
in which the smelter or refiner is located. |
|
|
(d) |
“Certification Status” information in the table
is as of April 29th, 2024. |
|
|
(e) |
“Conformant” means that a smelter or refiner
has successfully completed an assessment against the applicable Responsible Minerals Assurance Process (“RMAP”) standard
or an equivalent cross-recognized assessment. Included smelters and refiners were not necessarily Conformant for all or part of 2023
and may not continue to be Conformant for any future period. Target does not have information on the origin of the 3TG processed by any
of the Conformant smelters and refiners prior to their respective certification dates. |
(f) |
“Active” means that a smelter
or refiner is currently engaged in the RMAP but a conformance determination has yet to be made. |
|
|
(g) |
Certification Status and Smelter or Refiner Country information
included in the table are based solely on information made available by the RMI, without independent verification by Target. |
Country
of Origin Information
The
countries of origin of the newly mined 3TG processed by the Conformant smelters and refiners listed above may have included the countries
listed below as well as possibly other countries. The listed countries of origin are derived from information made available by the RMI
to its members. The RMI generally does not indicate individual countries of origin of the 3TG processed by Conformant smelters and refiners.
Accordingly, 3TG in Target’s products may not have originated in a particular country listed below.
Argentina |
Fiji |
Mali |
Rwanda* |
|
|
|
|
Australia |
Finland |
Mauritania |
Saudi Arabia |
|
|
|
|
Austria |
French Guiana |
Mexico |
Senegal |
|
|
|
|
Azerbaijan |
Georgia |
Mongolia |
Serbia |
|
|
|
|
Bolivia |
Ghana |
Morocco |
South Africa |
|
|
|
|
Botswana |
Guatemala |
Mozambique |
Spain |
|
|
|
|
Brazil |
Guinea |
Myanmar |
Sudan |
|
|
|
|
Burkina Faso |
Guyana |
Namibia |
Suriname |
|
|
|
|
Burundi* |
Honduras |
New Zealand |
Sweden |
|
|
|
|
Cambodia |
Hong Kong |
Nicaragua |
Tanzania* |
|
|
|
|
Canada |
Indonesia |
Niger |
Thailand |
|
|
|
|
Chile |
Japan |
Nigeria |
Turkey |
|
|
|
|
China |
Kazakhstan |
Oman |
Uganda* |
Colombia |
Kenya |
Panama |
United Kingdom |
|
|
|
|
Congo, Democratic Republic of the* |
Korea, Republic of |
Papua New Guinea |
United States of America |
|
|
|
|
Côte d'Ivoire |
Kyrgyzstan |
Peru |
Uzbekistan |
|
|
|
|
Dominican Republic |
Laos |
Philippines |
Vietnam |
|
|
|
|
Ecuador |
Liberia |
Portugal |
Zambia* |
|
|
|
|
Egypt |
Malaysia |
Russia |
Zimbabwe |
*
Represents a Covered Country
In
addition, according to information made available by the RMI, some of the listed smelters and refiners processed 3TG originating solely
from recycled or scrap sources and others processed both recycled and scrap content and newly mined content.
Target (NYSE:TGT)
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