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TATT TAT Technologies Ltd

13.125
0.195 (1.51%)
18 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
TAT Technologies Ltd NASDAQ:TATT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.195 1.51% 13.125 12.45 13.40 13.60 13.0209 13.05 6,561 01:00:00

Specialized Disclosure Report (sd)

31/05/2023 12:02pm

Edgar (US Regulatory)




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form SD

SPECIALIZED DISCLOSURE REPORT

TAT TECHNOLOGIES LTD.
(Exact Name of Registrant as Specified in Charter)

Commission file number: 0-16050

TAT TECHNOLOGIES LTD.
(Exact name of Registrant as specified in its charter
and translation of Registrant’s name into English)

Israel
(Jurisdiction of incorporation or organization)

Hamelacha 5, Netanya 4250407, Israel
(Address of principal executive offices)

Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

⌧ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2022.
 


Section 1 - Conflict Minerals Disclosure

TAT Technologies Ltd. (the "Company") evaluated its current product lines and determined that certain products it manufactures or contracts to manufacture contain Gold and Tin that are necessary to the functionality or production of its products. These minerals are considered within the scope of the relevant "Conflict Minerals" or "3TG” which are defined as Gold, Tantalum, Tungsten and Tin.

Based on a reasonable country of origin inquiry (“RCOI”) performed, the Company cannot yet determine with complete certainty whether the necessary Conflict Minerals used in its products originate, or likely originate, entirely from recycled or scrap sources or if the Conflict Minerals originated or may have originated in the Democratic Republic of the Congo (“DRC”) or an adjoining country (collectively referred to as the “Covered Countries”).

TAT has examined the existence of conflict minerals in the production processes of its products.

The assessment revealed that only 2 out of hundreds of suppliers TAT is working with are suspected of using them. The total spend for buying from those suppliers in 2022 was approximately 1.2% of the company's total purchasing, which is considered negligible.

Nevertheless, we are filing a Conflict Minerals Report. The Company carries out due diligence on its mineral supply chain according to the guidelines and framework established by the Organization for Economic Co-operation and Development (“OECD”) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (2016) and related Supplements (the “OECD Due Diligence Guidance”).

A copy of The Company's Conflict Minerals Report is provided as Exhibit 1.01 hereto and is publicly available at: www.TAT-Technologies.com under "Investors", or at the following link: ttps://tat-technologies.com/wp-content/uploads/2023/05/TAT-Conflict-Minerals-Report-RY2022.pdf

The content of any website referred to in this Form SD is included for general information only and is not incorporated by reference in this Form SD.

Section 2 - Exhibits

2


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 
TAT TECHNOLOGIES LTD.
(Registrant)

By: /s/ Ehud Ben-Yair
       Ehud Ben-Yair
       Chief Financial Officer

Date: May 31, 2023

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