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VisitCongo Accuses Apple of Using 'Blood Minerals' in iPhones
Apr 25, 2024, 02:10 PM
The Democratic Republic of Congo has officially accused Apple Inc. of using conflict minerals in its supply chain, which are allegedly sourced from militia-controlled zones within the country. The government has sent a formal notice to Apple, expressing concerns over the use of these illegally exploited minerals, specifically in the production of iPhones, described as 'soaked with blood'. Lawyers representing Congo have reached out to Apple's CEO, Tim Cook, demanding clarity and accountability regarding the sourcing of these materials, which are said to be linked to grave violations of human rights in the region.
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Markets
Yes • 50%
No • 50%
Apple's official reports, press releases, or supply chain announcements
Yes • 50%
No • 50%
Official statements from Apple or verified news sources reporting on the response
No • 50%
Yes • 50%
Official SEC announcements or credible news outlets confirming the investigation
Third-party audit of supply chain • 25%
New supplier contracts established • 25%
No significant actions taken • 25%
Public CSR initiative launched • 25%
Public announcements from Apple or detailed reports from credible news sources
No significant change in stock price • 34%
Stock price increases • 33%
Stock price decreases • 33%
Publicly available stock price data from financial markets
Case dismissed or unresolved by end of 2024 • 34%
Apple found not guilty • 33%
Apple found guilty of using conflict minerals • 33%
Official statements from either party or credible news sources reporting the outcome