Metal Exchange Corporation is pleased to announce that Mark Butterfield has been promoted to president of manufacturing.  In his new role, Butterfield will be responsible for the overall strategic, financial, commercial, organizational, and operational aspects of all manufacturing across the Pennex and Electro Cycle, Inc. brands. 

The Tungsten Industry Conflict Minerals Council announced the release of an updated version of its Tungsten Framework document. The Tungsten Industry—Conflict Minerals Council (TI-CMC or “the Council”) is a framework through which its members can provide industry stakeholders, downstream tungsten consumers with conflict mineral reporting and disclosure obligations, and the public at large with their assurances that the tungsten products they supply are sourced in accordance with the relevant OECD Guidance, appropriate US laws such as Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Regulation (EU) 2017/821 of the European Parliament and of the Council from May 17, 2017, and that the risks highlighted in this guidance are assessed and mitigated as appropriate.