OREANDA-NEWS. April 14, 2015. Sandvik is pleased to announce that Wolfram Bergbau und H?tten AG (Wolfram), a Sandvik Venture product area, was found compliant with the Conflict Free Smelter Program (CSFP), based on an independent third party audit on behalf of the Conflict-Free Sourcing Initiative (CFSI).

Wolfram is following a comprehensive conflict mineral management system in line with the five-step guidance of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. The company also continues ethical sourcing of tungsten concentrates from selected mines in the Covered Countries as defined in the SEC Conflict Mineral rule to help alleviating the unintended consequences of the Dodd-Frank Act.

Wolfram is a leading integrated producer of tungsten and tungsten carbide powders and operates both, a modern underground mine and a recycling and refining operation in Austria. In line with its Mission Statement, the company is committed to ensure best practice with respect to safety, health, environment and ethics at all stages of its supply and production chain.

"We firmly believe that a sustained success of the company and our customers can only be built upon a sound foundation, which includes that governmental, industry and environmental standards are continuously met or surpassed.", says Ulrika Wedberg, President Wolfram Bergbau und H?tten.