Responsible Minerals Procurement Policy

Mica is a mined mineral. YT MICA is committed to sourcing mica and related raw materials through supply chains that are lawful, transparent and respectful of the communities and environments from which those materials come.

This policy applies to all suppliers of mica and mineral raw materials to YT MICA and its subsidiaries, and to our own procurement and production activities.

Commitments

Our sourcing commitments

Lawful and responsible sourcing

We require suppliers to comply with all applicable laws and regulations in the jurisdictions where they operate, including those governing mining, labour, environment and trade.

No child or forced labour

We do not accept the use of child labour, forced labour or any form of coerced work anywhere in our supply chain, and we expect suppliers to enforce the same standard among their own suppliers.

Health and safety

Mineral extraction and processing carry real risk. We expect suppliers to maintain working conditions that protect the health and safety of their workers.

Environmental protection

We expect suppliers to manage the environmental impact of their operations, including land rehabilitation, water use and dust control.

Supply chain transparency

Where requested, suppliers are expected to disclose the origin of mica and mineral raw materials supplied to YT MICA, and to cooperate with due diligence review.

Grievance and continuous improvement

Concerns raised about our supply chain are investigated and addressed. We review and update this policy as expectations and regulatory requirements develop.

Implementation

How the policy is applied

  • Supplier selection considers compliance with this policy alongside commercial and technical criteria.
  • Suppliers are asked to acknowledge this policy and to provide information on material origin when requested.
  • Where a supplier is found not to meet our requirements, we seek corrective action and may suspend or terminate supply if it is not taken.
  • Our own factories in Hunan and Hebei operate under work safety standardisation and environmental requirements, and we continue to invest in cleaner production.

Questions about this policy, or reports of a concern relating to our mineral supply chain, may be sent to yitian@ncnc.cn.