Advanced recertified as RMAP compliant

Advanced Chemical Company Recertified as Conformant to RMAP's Requirements

Warwick, RI – 8/15/2024 – Advanced Chemical Company, a leading precious metal refiner, today announced its successful recertification as conformant to the Responsible Minerals Assurance Process (RMAP) standards. This achievement underscores the company's unwavering commitment to ethical and responsible sourcing practices throughout its supply chain.

The RMAP, a flagship program of the Responsible Minerals Initiative (RMI), is a globally recognized framework for promoting responsible sourcing of minerals. It focuses on independent third-party assessments of smelters and refiners, validating their conformance with rigorous standards. RMAP standards are aligned with key international regulations like the OECD Due Diligence Guidance, the EU Regulation 2017/821, and the U.S. Dodd-Frank Act.

Advanced Chemical Company's recertification demonstrates its adherence to robust company-level management processes for responsible mineral procurement. The assessment, employing a risk-based approach, confirms the company's commitment to mitigating risks associated with sourcing minerals.

“We are proud to have once again achieved RMAP conformance,” stated David Farnum, President at Advanced Chemical. “This recertification reinforces our dedication to responsible sourcing and sustainable practices. It reflects our ongoing efforts to ensure that the metal we process are obtained ethically and with respect for human rights and the environment.”

By participating in the RMAP, Advanced Chemical Company provides transparency to its stakeholders, assuring them that the company's products are not contributing to conflict or human rights abuses. The company's recertification is a testament to its proactive approach in managing supply chain risks and fostering a more responsible and sustainable industry.

About Advanced Chemical Company

Advanced Chemical Company is a leading precious metals refiner and manufacturer of specialty chemicals. The company services a variety of industries, including semiconductors, jewelry, electronics, and other industrial users and producers of precious metals. Advanced Chemical Company is committed to providing its customers with high-quality products and services that meet their specific needs.

About the Responsible Minerals Initiative (RMI)

Founded in 2008 by members of the Responsible Business Alliance and the Global e-Sustainability Initiative, the Responsible Minerals Initiative has grown into one of the most utilized and respected resources for companies from a range of industries addressing responsible mineral sourcing issues in their supply chains.

Our flagship Responsible Minerals Assurance Process offers companies and their suppliers an independent, third-party assessment that determines which smelters and refiners can be verified as having systems in place to responsibly source minerals in line with current global standards. We also offer our Conflict Minerals Reporting Template, which helps companies disclose and communicate about smelters in their supply chains, and we produce white papers and guidance documents on responsible mineral sourcing and reporting on a regular basis.

More than 500 companies and associations from over 30 industries participate in the RMI today, and we regularly collaborate with other complementary programs and initiatives in this area. We also run an annual Responsible Minerals Initiative Conference and Members Meeting, which brings together hundreds of representatives from industry, government and civil society for updates, in-depth discussions and guidance on best practices for responsible mineral sourcing. As more companies work on this issue we hope for a future in which businesses can make greater contributions to the fostering of peace and stability in conflict-affected and high-risk areas globally.