UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM SD
Specialized Disclosure Report
 
CAMTEK LTD.
(Translation of Registrant’s Name into English)
 
Israel
(Jurisdiction of incorporation or organization)

000-30664
(Commission file number)
 
Ramat Gavriel Industrial Zone
P.O. Box 544
Migdal Haemek 23150
ISRAEL
(Address of Principal Corporate Offices)
 
Moshe Eisenberg, (972) (4) 6048100, Facsimile: (972) (4) 6048300,
E-mail: moshee@camtek.co.il
(Name and telephone number of the person to contact in connection with this report.)

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:

x Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2014.

 
 

 
 
Item 1.01. Conflict Minerals Disclosure and Report
 
Camtek Ltd. (the “Company”) has evaluated its current product lines and determined that certain products we manufacture or contract to manufacture may contain tin, tungsten, tantalum and/or gold, which are defined as “conflict minerals”. Accordingly, the Company is filing this disclosure along with a Conflict Minerals Report to disclose the measures we have taken to determine the origin of the conflict minerals used in our products.

Conflict Minerals Disclosure

A copy of Camtek's Conflict Minerals Report for the reporting period from January 1, 2014 to December 31, 2014 is filed as Exhibit 1.01 hereto and is publicly available at www.camtek.co.il.
 
Item 2.01. Exhibits

The following exhibit is filed as part of this report:

Exhibit 1.01 – Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form.

 
 

 
 
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.
 
   
CAMTEK LTD.
 
By: /s/ Moshe Eisenberg
——————————————
Moshe Eisenberg,
Chief Financial Officer
Dated: May 31, 2015
 
 






Exhibit 1.01
 
Camtek Ltd.
Conflict Minerals Report
For the Year Ended December 31, 2014
 
Introduction
 
This is the Conflict Minerals Report of Camtek Ltd. (“CAMT”) (herein referred to as "Camtek", the "Company", "we" or "our") , for calendar year 2014 in accordance with Rule 13p-1 (“Rule 13p-1”) under the Securities Exchange Act of 1934 (the “1934 Act”).  Please refer to Rule 13p-1, Form SD and the 1934 Act Release No. 34-67716 issued by the Securities and Exchange Commission on August 22, 2012 for the definition of terms used in this report.

In conducting its due diligence, Camtek implemented the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas ("The OECD Framework"), an internationally recognized due diligence framework. Prior to due diligence, we addressed the “Reasonable Country of Origin Inquiry” process and commenced the due diligence process accordingly.
 
Company Overview

Camtek provides automated solutions dedicated for enhancing production processes and yield in the following industries: Semiconductor Fabrication and Packaging, Printed Circuit Board (PCB) and IC Substrates. For more details, refer to Camtek website at http://www.camtek.co.il. Camtek has two production sites, in Israel (Migdal Haemek) and in China (Suzhou), and all of our production activities are conducted at both sites.
Camtek’s products from the divisions: Semiconductor Industry and Printed Circuit Board and IC Substrate Industry are comprised of components which may contain conflict minerals that require an inquiry under Section 1502 of the Dodd-Frank Act, the SEC’s final rule and OECD guidelines.
 
Camtek’s Efforts for Meeting Conflict-Free Mineral Requirements
 
Camtek continued to implement and communicate its policy and methodology, that is in accordance with  Annex I, Five steps Framework for Risk-Based Due Diligence in the Mineral Supply Chain from the OECD Framework. Camtek has been addressing the following 5 OECD steps:
 
 
·
Establishing a strong company management system
 
Comprised of a management team from the following departments: Engineering, QA, Purchasing, R&D, Logistics, Legal and Finance.  The team is being sponsored by the Finance VP. The team passed training related the Conflict Minerals framework, policy, etc.
 
Camtek has adopted a Company policy which reflects an all-inclusive understanding of required rules and guidelines in addition to knowledge sharing with other companies in the industry.  This policy can be found at the website http://www.camtek.co.il
 
 
·
Identifying and assessing risk in the supply chain
 
Camtek held meetings with Management from various departments to discuss the applicable definitions of “manufacturer” and/or “contract to manufacture”.  Through this process, Camtek identified products that are affected by the 3TG minerals and mapped them to their respective vendors.  Camtek evaluated approximately 12 private branded products, sourced from over approximately 190 vendors were subject to the RCOI survey process.
 
We then sent official letters to suppliers ("Letter to Supplier") conducting a supply-chain survey using the CFSI Conflict Minerals Reporting Template to identify the smelters and refiners.
 
 
 

 
 
 
·
Designing and implementing a strategy to respond to identified risks
 
In situations where it was determined that a “conflict mineral” is necessary for the functionality or production of at least one of our products, we carried out a reasonable country of origin inquiry (“RCOI"). Camtek send unofficial letters for supplier including update version of the CFSI CMRT, reviewed resaved files with feedback to relevant suppliers.
 
We have implemented a risk management procedure designed, among other things, to identify products which may include conflict minerals, update purchasing process and include in new supplier approval FORM relevant question related to Conflict Minerals, monitor all potential risk suppliers, and engage in knowledge sharing for meeting requirements.
 
 
·
Carrying out independent third-party audits of supply chain due diligence at identified points along the supply chain
 
Camtek does not have a direct relationship with the smelters and refiners in our supply chain, nor do we perform direct audits of the entities that provide our supply chain the 3TG. However, we do rely upon industry (for example, EiCC and CFSI) efforts to influence smelters and refineries to get audited and certified through CFS program.
 
 
·
Reporting on supply chain due diligence
 
The conflict minerals report is filed with the SEC and is also available on our website http://www.camtek.co.il
 
Results for the 2014 Calendar Year
 
The Conflict Mineral Process, as described above, allowed Camtek to identify in-scope products and the corresponding suppliers.  These identified suppliers were surveyed through the RCOI Survey process using the Conflict Minerals Reporting Template. The survey population included approximately 12 products across 190 vendors. Camtek received survey responses from 30 of the population of suppliers surveyed.  Approximately 25 % of responding suppliers indicated that their products may contain one or more of the named 3TG minerals.  However, the results from the surveys did not allow Camtek to reach a reportable conclusion as to the source of any potential conflict minerals.
 
The table below lists the facilities which, to the extent known, processed necessary conflict minerals in certain of our products
 
Metal
Smelter or Refiner Facility Name
Location of Facility
Gold
Advanced Chemical Company
UNITED STATES
Gold
Aida Chemical Industries Co. Ltd.
JAPAN
Gold
Allgemeine Gold- und Silberscheideanstalt A.G.
GERMANY
Gold
Almalyk Mining and Metallurgical Complex (AMMC)
UZBEKISTAN
Gold
AngloGold Ashanti Córrego do Sítio Minerção
BRAZIL
Gold
Argor-Heraeus SA
SWITZERLAND
Gold
Asahi Pretec Corporation
JAPAN
Gold
Asaka Riken Co Ltd
JAPAN
Gold
Atasay Kuyumculuk Sanayi Ve Ticaret A.S.
TURKEY
Gold
Aurubis AG
GERMANY
Gold
Bangko Sentral ng Pilipinas (Central Bank of the Philippines)
PHILIPPINES
 
 
 

 
 
Gold
Bauer Walser AG
GERMANY
Gold
Boliden AB
SWEDEN
Gold
C. Hafner GmbH + Co. KG
GERMANY
Gold
Caridad
MEXICO
Gold
Cendres + Métaux SA
SWITZERLAND
Gold
Chimet S.p.A.
ITALY
Gold
The Refinery of Shandong Gold Mining Co. Ltd
CHINA
Gold
Chugai Mining
JAPAN
Gold
Colt Refining
UNITED STATES
Gold
Daejin Indus Co. Ltd
KOREA, REPUBLIC OF
Gold
Daye Non-Ferrous Metals Mining Ltd.
CHINA
Gold
Do Sung Corporation
KOREA, REPUBLIC OF
Gold
Doduco
GERMANY
Gold
Dowa
JAPAN
Gold
Eco-System Recycling Co., Ltd.
JAPAN
Gold
FSE Novosibirsk Refinery
RUSSIAN FEDERATION
Gold
Gansu Seemine Material Hi-Tech Co Ltd
CHINA
Gold
Geib Refining Corporation
UNITED STATES
Gold
Guangdong Jinding Gold Limited
CHINA
Gold
Hangzhou Fuchunjiang Smelting Co., Ltd.
CHINA
Gold
Heimerle + Meule GmbH
GERMANY
Gold
Heraeus Ltd. Hong Kong
HONG KONG
Gold
Heraeus Precious Metals GmbH & Co. KG
GERMANY
Gold
Hunan Chenzhou Mining Group Co., Ltd.
CHINA
Gold
Hwasung CJ Co. Ltd
KOREA, REPUBLIC OF
Gold
Inner Mongolia Qiankun Gold and Silver Refinery Share Company Limited
CHINA
Gold
Ishifuku Metal Industry Co., Ltd.
JAPAN
Gold
Istanbul Gold Refinery
TURKEY
Gold
Japan Mint
JAPAN
Gold
Jiangxi Copper Company Limited
CHINA
Gold
Johnson Matthey Inc
UNITED STATES
Gold
Johnson Matthey Ltd
CANADA
Gold
JSC Ekaterinburg Non-Ferrous Metal Processing Plant
RUSSIAN FEDERATION
Gold
JSC Uralelectromed
RUSSIAN FEDERATION
Gold
JX Nippon Mining & Metals Co., Ltd.
JAPAN
Gold
Kazzinc Ltd
KAZAKHSTAN
Gold
Kennecott Utah Copper LLC
UNITED STATES
Gold
Kojima Chemicals Co., Ltd
JAPAN
Gold
Korea Metal Co. Ltd
KOREA, REPUBLIC OF
Gold
Kyrgyzaltyn JSC
KYRGYZSTAN
Gold
L' azurde Company For Jewelry
SAUDI ARABIA
Gold
Lingbao Gold Company Limited
CHINA
Gold
Lingbao Jinyuan Tonghui Refinery Co. Ltd.
CHINA
 
 
 

 
 
Gold
LS- Nikko Copper Inc
KOREA, REPUBLIC OF
Gold
Luoyang Zijin Yinhui Metal Smelt Co Ltd
CHINA
Gold
Materion
UNITED STATES
Gold
Matsuda Sangyo Co., Ltd.
JAPAN
Gold
Metalor Technologies SA
SWITZERLAND
Gold
Metalor Technologies (Hong Kong) Ltd
HONG KONG
Gold
Metalor Technologies (Singapore) Pte. Ltd.
SINGAPORE
Gold
Metalor USA Refining Corporation
UNITED STATES
Gold
Met-Mex Peñoles, S.A.
MEXICO
Gold
Mitsubishi Materials Corporation
JAPAN
Gold
Mitsui Mining and Smelting Co., Ltd.
JAPAN
Gold
Moscow Special Alloys Processing Plant
RUSSIAN FEDERATION
Gold
Nadir Metal Rafineri San. Ve Tic. A.Ş.
TURKEY
Gold
Navoi Mining and Metallurgical Combinat
UZBEKISTAN
Gold
Nihon Material Co. LTD
JAPAN
Gold
Ohura Precious Metal Industry Co., Ltd
JAPAN
Gold
OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastvetmet)
RUSSIAN FEDERATION
Gold
OJSC Kolyma Refinery
RUSSIAN FEDERATION
Gold
Ohio Precious Metals, LLC
UNITED STATES
Gold
PAMP SA
SWITZERLAND
Gold
Penglai Penggang Gold Industry Co Ltd
CHINA
Gold
Western Australian Mint trading as The Perth Mint
AUSTRALIA
Gold
Prioksky Plant of Non-Ferrous Metals
RUSSIAN FEDERATION
Gold
PT Aneka Tambang (Persero) Tbk
INDONESIA
Gold
PX Précinox SA
SWITZERLAND
Gold
Rand Refinery (Pty) Ltd
SOUTH AFRICA
Gold
Royal Canadian Mint
CANADA
Gold
Sabin Metal Corp.
UNITED STATES
Gold
Samduck Precious Metals
KOREA, REPUBLIC OF
Gold
SAMWON METALS Corp.
KOREA, REPUBLIC OF
Gold
Schone Edelmetaal
NETHERLANDS
Gold
SEMPSA Joyería Platería SA
SPAIN
Gold
Shandong Zhaojin Gold & Silver Refinery Co. Ltd
CHINA
Gold
Zhongyuan Gold Smelter of Zhongjin Gold Corporation
CHINA
Gold
Geib Refining Corp.
UNITED STATES
Gold
Remondis Argentia
NETHERLANDS
Gold
So Accurate Group, Inc.
UNITED STATES
Gold
SOE Shyolkovsky Factory of Secondary Precious Metals
RUSSIAN FEDERATION
Gold
Solar Applied Materials Technology Corp.
TAIWAN
Gold
Sumitomo Metal Mining Co., Ltd.
JAPAN
Gold
Tanaka Kikinzoku Kogyo K.K.
JAPAN
Gold
The Great Wall Gold and Silver Refinery of China
CHINA
Gold
Tokuriki Honten Co., Ltd
JAPAN
 
 
 

 
 
Gold
Tongling nonferrous Metals Group Co.,Ltd
CHINA
Gold
Torecom
KOREA, REPUBLIC OF
Gold
Umicore Brasil Ltda
BRAZIL
Gold
Umicore Precious Metals Thailand
THAILAND
Gold
Umicore SA Business Unit Precious Metals Refining
BELGIUM
Gold
United Precious Metal Refining, Inc.
UNITED STATES
Gold
Valcambi SA
SWITZERLAND
Gold
CCR Refinery – Glencore Canada Corporation
CANADA
Gold
YAMAMOTO PRECIOUS METAL CO., LTD.
JAPAN
Gold
Yokohama Metal Co Ltd
JAPAN
Gold
Yunnan Copper Industry Co Ltd
CHINA
Gold
Zijin Mining Group Co. Ltd
CHINA
Tantalum
Changsha South Tantalum Niobium Co., Ltd.
CHINA
Tantalum
Conghua Tantalum and Niobium Smeltry
CHINA
Tantalum
Duoluoshan
CHINA
Tantalum
Exotech Inc.
UNITED STATES
Tantalum
F&X Electro-Materials Ltd.
CHINA
Tantalum
Global Advanced Metals Aizu
JAPAN
Tantalum
Global Advanced Metals Boyertown
UNITED STATES
Tantalum
Guangdong Zhiyuan New Material Co., Ltd.
CHINA
Tantalum
H.C. Starck Co., Ltd.
THAILAND
Tantalum
H.C. Starck GmbH Goslar
GERMANY
Tantalum
H.C. Starck GmbH Laufenburg
GERMANY
Tantalum
H.C. Starck Hermsdorf GmbH
GERMANY
Tantalum
H.C. Starck Inc.
UNITED STATES
Tantalum
H.C. Starck Ltd.
JAPAN
Tantalum
H.C. Starck Smelting GmbH & Co.KG
GERMANY
Tantalum
Hengyang King Xing Lifeng New Materials Co., Ltd.
CHINA
Tantalum
Hi-Temp
UNITED STATES
Tantalum
Jiangxi Dinghai Tantalum & Niobium Co., LTD
CHINA
Tantalum
JiuJiang JinXin Nonferrous Metals Co., Ltd.
CHINA
Tantalum
Jiujiang Tanbre Co., Ltd.
CHINA
Tantalum
Jiujiang Zhongao Tantalum & Niobium Co, Ltd
CHINA
Tantalum
KEMET Blue Metals
MEXICO
Tantalum
KEMET Blue Powder
UNITED STATES
Tantalum
King-Tan Tantalum Industry Ltd
CHINA
Tantalum
LSM Brasil S.A.
BRAZIL
Tantalum
Metallurgical Products India (Pvt.) Ltd.
INDIA
Tantalum
Mitsui Mining & Smelting
JAPAN
Tantalum
Molycorp Silmet A.S.
ESTONIA
Tantalum
Ningxia Orient Tantalum Industry Co., Ltd.
CHINA
Tantalum
Plansee SE Liezen & Reutte
AUSTRIA
Tantalum
QuantumClean
UNITED STATES
 
 
 

 
 
Tantalum
RFH Tantalum Smeltry Co., Ltd
CHINA
Tantalum
Shanghai Jiangxi Metals Co. Ltd
CHINA
Tantalum
Solikamsk Magnesium Works OAO
RUSSIAN FEDERATION
Tantalum
Taki Chemicals
JAPAN
Tantalum
Telex
UNITED STATES
Tantalum
Ulba
KAZAKHSTAN
Tantalum
Yichun Jin Yang Rare Metal Co., Ltd
CHINA
Tantalum
Zhuzhou Cement Carbide
CHINA
Tin
China Rare Metal Materials Company
CHINA
Tin
Liuzhou China Tin
CHINA
Tin
CNMC (Guangxi) PGMA Co. Ltd.
CHINA
Tin
Alpha
UNITED STATES
Tin
Cooper Santa
BRAZIL
Tin
PT Justindo
INDONESIA
Tin
PT Aries Kencana Sejahtera
INDONESIA
Tin
CV Serumpun Sebalai
INDONESIA
Tin
CV United Smelting
INDONESIA
Tin
EM Vinto
BOLIVIA
Tin
Estanho de Rondônia S.A.
BRAZIL
Tin
Fenix Metals, Ltd
POLAND
Tin
Gejiu Kai Meng Industry and Trade LLC
CHINA
Tin
Gejiu Non-Ferrous Metal Processing Co. Ltd.
CHINA
Tin
Gejiu Zi-Li
CHINA
Tin
Huichang Jinshunda Tin Co. Ltd
CHINA
Tin
Nankang Nanshan Tin Manufactory Co., Ltd.
CHINA
Tin
Linwu Xianggui Smelter Co
CHINA
Tin
Magnu's Minerais Metais e Ligas LTDA
BRAZIL
Tin
Malaysia Smelting Corporation (MSC)
MALAYSIA
Tin
Melt Metais e Ligas S/A
BRAZIL
Tin
Metallo Chimique
BELGIUM
Tin
Mineração Taboca S.A.
BRAZIL
Tin
Minsur
PERU
Tin
Novosibirsk Integrated Tin Works
RUSSIAN FEDERATION
Tin
O.M. Manufacturing (Thailand) Co., Ltd.
THAILAND
Tin
O.M. Manufacturing Philippines, Inc.
PHILIPPINES
Tin
OMSA
BOLIVIA
Tin
PT Alam Lestari Kencana
INDONESIA
Tin
PT Artha Cipta Langgeng
INDONESIA
Tin
PT ATD Makmur Mandiri Jaya
INDONESIA
Tin
PT Babel Inti Perkasa
INDONESIA
Tin
PT Bangka Kudai Tin
INDONESIA
Tin
PT Bangka Putra Karya
INDONESIA
Tin
PT Bangka Timah Utama Sejahtera
INDONESIA
Tin
PT Bangka Tin Industry
INDONESIA
 
 
 

 
 
Tin
PT Belitung Industri Sejahtera
INDONESIA
Tin
PT BilliTin Makmur Lestari
INDONESIA
Tin
PT Bukit Timah
INDONESIA
Tin
PT DS Jaya Abadi
INDONESIA
Tin
PT Eunindo Usaha Mandiri
INDONESIA
Tin
PT Fang Di MulTindo
INDONESIA
Tin
PT Karimun Mining
INDONESIA
Tin
PT Koba Tin
INDONESIA
Tin
PT Mitra Stania Prima
INDONESIA
Tin
PT Prima Timah Utama
INDONESIA
Tin
PT REFINED BANGKA TIN
INDONESIA
Tin
PT Sariwiguna Binasentosa
INDONESIA
Tin
PT Stanindo Inti Perkasa
INDONESIA
Tin
PT Sumber Jaya Indah
INDONESIA
Tin
PT Tambang Timah
INDONESIA
Tin
Bangka Tin,Mentok,PT Timah (Persero) TBK
INDONESIA
Tin
PT Pelat Timah Nusantara Tbk
INDONESIA
Tin
PT Tinindo Inter Nusa
INDONESIA
Tin
Rui Da Hung
TAIWAN
Tin
Soft Metais, Ltda.
BRAZIL
Tin
Thaisarco
THAILAND
Tin
White Solder Metalurgia e Mineração Ltda.
BRAZIL
Tin
Yunnan Chengfeng Non-ferrous Metals Co.,Ltd.
CHINA
Tin
Yunnan Tin Company, Ltd.
CHINA
Tungsten
A.L.M.T. Corp.
JAPAN
Tungsten
Chenzhou Diamond Tungsten Products Co., Ltd.
CHINA
Tungsten
Chongyi Zhangyuan Tungsten Co., Ltd.
CHINA
Tungsten
Dayu Weiliang Tungsten Co., Ltd.
CHINA
Tungsten
Fujian Jinxin Tungsten Co., Ltd.
CHINA
Tungsten
Ganxian Shirui New Material Co., Ltd.
CHINA
Tungsten
Ganzhou Huaxing Tungsten Products Co., Ltd.
CHINA
Tungsten
Ganzhou Jiangwu Ferrotungsten Co., Ltd.
CHINA
Tungsten
Ganzhou Non-ferrous Metals Smelting Co., Ltd.
CHINA
Tungsten
Ganzhou Seadragon W & Mo Co., Ltd.
CHINA
Tungsten
Ganzhou Yatai Tungsten Co., Ltd.
CHINA
Tungsten
Global Tungsten & Powders Corp.
UNITED STATES
Tungsten
Guangdong Xianglu Tungsten Co., Ltd.
CHINA
Tungsten
H.C. Starck GmbH
GERMANY
Tungsten
Hunan Chunchang Nonferrous Metals Co., Ltd.
CHINA
Tungsten
Japan New Metals Co., Ltd.
JAPAN
Tungsten
Jiangwu H.C. Starck Tungsten Products Co., Ltd.
CHINA
Tungsten
Jiangxi Gan Bei Tungsten Co., Ltd.
CHINA
Tungsten
Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.
CHINA
 
 
 

 
 
Tungsten
Jiangxi Xinsheng Tungsten Industry Co., Ltd.
CHINA
Tungsten
Jiangxi Yaosheng Tungsten Co., Ltd.
CHINA
Tungsten
Kennametal Fallon
UNITED STATES
Tungsten
Kennametal Huntsville
UNITED STATES
Tungsten
Malipo Haiyu Tungsten Co., Ltd.
CHINA
Tungsten
Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC
VIET NAM
Tungsten
Tejing (Vietnam) Tungsten Co., Ltd.
VIET NAM
Tungsten
Vietnam Youngsun Tungsten Industry Co., Ltd
VIET NAM
Tungsten
Wolfram Bergbau und Hütten AG
AUSTRIA
Tungsten
Wolfram Company CJSC
RUSSIAN FEDERATION
Tungsten
Xiamen Tungsten (H.C.) Co., Ltd.
CHINA
Tungsten
Xinhai Rendan Shaoguan Tungsten Co., Ltd.
CHINA
 
Company policy
 
Camtek’s conflict minerals policy and steps taken are available on our website http://www.camtek.co.il.
 
Future steps to be taken
 
 
1.
Include a conflict mineral clause in new or updated supplier contracts, where available.
 
 
2.
Expand supplier's list considering the OECD framework.
 
 
3.
Manage follow up table with all relevant details from supplier for evaluation and tracking inputs in the supply system.
 
 
4.
Include the relevant list of facilities and country of origin, as known, in our next report.
 
 
5.
Strategize with the OECD and relevant trade associations in order to define and monitor optimal practices.
 
This Conflict Minerals Report was not subjected to an independent private sector audit as not required by paragraph (c)(1)(iv) of the instructions to Item 1.01.
 


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