UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM SD
 
SPECIALIZED DISCLOSURE REPORT

 	 	 	 	
(Commission File Number)	(Exact Name of Registrant as Specified in Its Charter)
(Address of Principal Executive Offices) (Zip Code)	(State or Other Jurisdiction of Incorporation or Organization)	(IRS Employer Identification No.)	
1-9516	ICAHN ENTERPRISES L.P.	Delaware	13-3398766	
 	767 Fifth Avenue, Suite 4700
New York, NY 10153	 	 	
 	 	 	 	
333-118021-01	ICAHN ENTERPRISES HOLDINGS L.P.	Delaware	13-3398767	
 	767 Fifth Avenue, Suite 4700
New York, NY 10153	 	 	

 	
 	
Peter Reck: (212) 702-4300	
(Name and telephone number, including area code, 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, 2016.	

Section 1 - Conflict Minerals Disclosure

Item 1.01 Conflict Minerals Disclosure and Report.

Introduction

This Specialized Disclosure Report on Form SD (“Form SD”) of Icahn Enterprises L.P. (“Icahn Enterprises”) and Icahn Enterprises Holdings L.P. (“Icahn Enterprises Holdings”) and their consolidated subsidiaries has been prepared pursuant to Rule 13p-1 and Form SD promulgated under the Securities Exchange Act of 1934 (the "Exchange Act") for the reporting period of January 1, 2016 to December 31, 2016. In this Form SD, “the Company,” “we” and “our” refers to Icahn Enterprises and Icahn Enterprises Holdings and their subsidiaries.

Rule 13p-1 under the Exchange Act requires disclosure of certain information when a company manufactures or contracts to manufacture products for which “Conflict Minerals” are necessary to the functionality or production of those products. “Conflict Minerals” for the purposes of Rule 13p-1 are gold, columbite-tantalite (coltan), cassiterite, and wolframite (including their derivatives, tantalum, tin and tungsten, and other minerals or derivatives the U.S. Secretary of State may designate in the future). If Conflict Minerals are necessary to the functionality or production of one or more products that a company manufactures or contracts to manufacture, that company must investigate its supply chain in an effort to determine whether those Conflict Minerals originated in any of the “Covered Countries” under Rule 13p-1. The “Covered Countries” for the purposes of Rule 13p-1 are the Democratic Republic of the Congo (the DRC), the Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania, Zambia and Angola.

Company Overview and Conflict Minerals Reporting

We are a diversified holding company owning subsidiaries currently engaged in the following continuing operating businesses: Investment, Automotive, Energy, Railcar, Gaming, Metals, Mining, Food Packaging, Real Estate and Home Fashion. We conduct our business principally through our consolidated subsidiaries. For more information regarding our business, see Part I of the Company’s most recent annual report on Form 10-K, which can be publicly accessed at www.ielp.com.

We conducted an analysis of our consolidated operating subsidiaries and identified two such subsidiaries - Federal-Mogul LLC (“Federal-Mogul”) and American Railcar Industries, Inc. (“ARI”) - whose operations involve Conflict Minerals. Our subsidiaries operate and are managed on a decentralized basis and as such, each subsidiary performed separate procedures with respect to our conflict minerals reporting requirements. Accordingly, separate Conflict Minerals Reports (“CMR”) with respect to Federal-Mogul's and ARI's businesses have been prepared and are attached to this Form SD as separate exhibits, and which are publicly available at www.ielp.com.

Item 1.02 Exhibit.

Conflict Minerals Reports with respect to Federal-Mogul's and ARI's separate businesses are filed as Exhibits 1.01.1 and 1.01.2, respectively, hereto.

Section 2 - Exhibits

Item 2.01   Exhibits.
 
1.01.1 -  Conflict Minerals Report (Federal-Mogul)

1.01.2 -  Conflict Minerals Report (ARI)

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 duly authorized undersigned.

 	 	 	 	
 	ICAHN ENTERPRISES L.P.	 	
 	 	(Registrant)	 	
 	 	 	 	
 	By:	Icahn Enterprises G.P. Inc.,
its general partner  	 	
 	 	 	 	
 	By: 	/s/ Peter Reck	 	
 	 	Peter Reck	 	
 	 	Chief Accounting Officer	 	
 
Date:   May 31, 2017

 	
 	 	 	 	
 	ICAHN ENTERPRISES HOLDINGS L.P.	 	
 	 	(Registrant)	 	
 	 	 	 	
 	By:	Icahn Enterprises G.P. Inc.,
its general partner  	 	
 	 	 	 	
 	By: 	/s/ Peter Reck	 	
 	 	Peter Reck	 	
 	 	Chief Accounting Officer	 	

Date:   May 31, 2017

EXHIBIT 1.01.1

Icahn Enterprises L.P. and Icahn Enterprises Holdings L.P.
Conflict Minerals Report
(Federal-Mogul LLC)

INTRODUCTION
This Conflict Minerals Report (“CMR”) of Icahn Enterprises L.P. and Icahn Enterprises Holdings L.P. has been prepared pursuant to Rule 13p-1 and Form SD promulgated under the Securities Exchange Act of 1934 (the “Exchange Act”) for the reporting period from January 1, 2016 to December 31, 2016 (“the Reporting Period”). Due to the nature of our business, this CMR was prepared to specifically disclose certain information relating to our operating subsidiary, Federal-Mogul LLC (“Federal-Mogul” or the “Company”).
Rule 13p-1 under the Exchange Act requires the disclosure of certain information when a company manufactures or contracts to manufacture products for which “Conflict Minerals” are necessary to the functionality or production of those products. “Conflict Minerals” for the purposes of Rule 13p-1 are gold, columbite-tantalite (coltan), cassiterite, and wolframite (including their derivatives, tantalum, tin and tungsten, and other minerals or derivatives the U.S. Secretary of State may designate in the future). The “Covered Countries” for the purposes of Rule 13p-1 are the Democratic Republic of the Congo (“the DRC”), the Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania, Zambia, and Angola.
In accordance with Securities and Exchange Commission (“SEC”) guidance, this CMR is not audited.
As required by Rule 13p-1, this CMR relates to products: (i) for which Conflict Minerals are necessary to the functionality or production of those products; (ii) that were manufactured, or contracted to be manufactured, by the Company; and (iii) for which the manufacture was completed during the Reporting Period. These products, which are collectively referred to in this report as the “Covered Products”, include railcars and certain railcar components manufactured or sourced by our Manufacturing segment. The Company believes that only a small portion of the materials content of the Covered Products constitute Conflict Minerals necessary to their functionality and/or production.

COMPANY OVERVIEW

The Company

Federal-Mogul is a leading global supplier of technology and innovation in vehicle and industrial products for fuel economy, emissions reduction and safety systems. Federal-Mogul serves the world’s foremost original equipment manufacturers (“ OEM ”) and servicers (“ OES ”) (collectively “ OE ”) of automotive, light, medium and heavy-duty commercial vehicles, off-road, agricultural, marine, rail, aerospace, power generation and industrial equipment, as well as the worldwide aftermarket. Federal-Mogul seeks to participate in both of these markets by leveraging its original equipment product engineering and development capability, manufacturing know-how, and expertise in managing a broad and deep range of replacement parts to service the aftermarket. Federal-Mogul believes that it is uniquely positioned to effectively manage the life cycle of a broad range of products to a diverse customer base. Federal-Mogul is a leading technology supplier and, by its estimates, a market share leading in several product categories. As of December 31, 2016, Federal-Mogul had OEM products included on more than 400 global vehicle platforms and more than 800 global powertrains used in light, medium, and heavy-duty vehicles. Furthermore, the Company offers premium brands, OE replacement, and entry/mid-level products for a variety aftermarket customers world-wide. This broad range of vehicle and powertrain applications reinforces the Company’s belief in its unique market position.

Federal-Mogul operates with two end-customer focused business segments. The Powertrain segment focuses on original equipment powertrain products for automotive, heavy duty, and industrial applications. The Motorparts segment sells and distributes a broad portfolio of products in the global aftermarket including more than 20 globally-recognized brands. The Motorparts segment also serves original equipment manufacturers with braking, wipers, and a limited range of chassis products. This organizational model allows for a strong product line focus benefitting both original equipment and aftermarket customers. This model enables Federal-Mogul to be responsive to customers’ needs for superior products and to promote greater identification with its premium brands. Additionally, this organizational model enhances Federal-Mogul's management’s ability to capitalize on opportunities for organic or acquisitive growth, profit improvement, capital allocation, and business model optimization in line with the unique requirements of the two different customer bases and business models.

Powertrain offers its customers a diverse array of market-leading products for OE applications, including pistons, piston rings, piston pins, cylinder liners, engine valves, valve seats and guides, ignition products, dynamic seals, bonded piston seals, combustion and exhaust gaskets, static gaskets and seals, rigid heat shields, engine bearings, industrial bearings, bushings and washers, element resistant systems protection sleeving products, acoustic shielding, and flexible heat shields. Motorparts offers powertrain products, typically manufactured by Powertrain, and is also a leading global manufacturer and distributor of brake disc pads, brake linings, brake blocks, brake system components, chassis and driveline products, engine gaskets and seals, wipers, lighting, and other product lines to OE and aftermarket customers. Motorparts markets its products under more than 20 globally recognized brands through a global distribution network.

Federal-Mogul has manufacturing facilities, technical centers, distribution centers, and warehouses in 24 countries. Accordingly, the Company’s reporting segments derive sales from both domestic and international markets.

Supply Chain

Federal-Mogul’s highly engineered products are manufactured from a variety of raw materials and incorporate subcomponents which are distributed through a global supply chain. The Company has relationships with a considerable network of suppliers throughout the world and has found that the majority of its suppliers are three tiers or more removed from smelter and refiner operations. Therefore, Federal-Mogul must rely on its direct suppliers to work with their upstream suppliers in order to provide information on the origin of 3TG contained in components and materials supplied to Federal-Mogul. Federal-Mogul has incorporated disclosure requirements with respect to conflict minerals in its Restricted Substance Management Standard (the “ Restricted Substances Standard ”), and it is Federal-Mogul’s expectation that its suppliers will adopt policies and procedures with respect to conflict minerals.

Because it is not practicable to conduct a survey of all Federal-Mogul suppliers, the Company has developed a risk-based approach to due diligence that focuses on products believed to contain 3TG based on specifications and other documentation (the “ product-centric approach ”), as well as suppliers thought to potentially provide Federal-Mogul with components and materials incorporating 3TG due to the nature of such components or materials (the “ supplier-centric approach ”). The Company believes this is a reasonable approach because the combined product-centric and supplier-centric approaches offer a unique level of corroboration in information received from suppliers as compared to information Federal-Mogul maintains on-hand, while also focusing on relevant suppliers.

Conflict Minerals Policy

The Company has adopted a conflict minerals policy which is publicly available on its website at http://www.federalmogul.com/en-US/Suppliers/Pages/ConflictMinerals.aspx.

For additional information about Federal-Mogul’s commitment to responsible sourcing and other human rights, see the Company’s Code of Conduct at  http://fedmogul.uberflip.com/i/786648-federal-mogul-code-of-conduct-external  and Basic Working Conditions for Suppliers policy at  http://www.federalmogul.com/en-US/Suppliers/Pages/Purchasing-Policies.aspx .

REASONABLE COUNTRY OF ORIGIN INQUIRY

For the period from January 1, 2016 through December 31, 2016, Federal-Mogul conducted a good faith reasonable country of origin inquiry of 3TG that are necessary to the functionality or production of the products that Federal-Mogul manufactured or contracted with others to manufacture during this period. Based on this reasonable country of origin inquiry, Federal-Mogul was unable to conclude that these 3TG did not originate from the Democratic Republic of the Congo (the “ DRC ”) or adjoining countries (collectively, the “ Covered Countries ”). Accordingly, Federal-Mogul undertook due diligence measures on the source and chain of custody of the identified necessary 3TG.

DUE DILIGENCE PROCESS
 
Design of Due Diligence

Federal-Mogul's due diligence measures conform, in all material respects, with the due diligence framework set forth in 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  and the related Supplements for tin, tantalum, and tungsten and for gold.

Due Diligence Measures Performed

Company Management Systems

Federal-Mogul has adopted a conflict minerals policy, which has been communicated to its suppliers and is publicly available on Federal-Mogul’s website.

Federal-Mogul has implemented an internal management structure to manage and oversee Federal-Mogul’s conflict minerals activities, consisting of a dedicated conflict minerals team and executive-level Conflict Minerals Steering Committee.

The Company participated in several industry-wide initiatives in an effort to develop conflict-free supply chains, including: the Electronics Industry Citizenship Coalition-Global e-Sustainability Initiative’s (EICC-GeSI) Conflict-Free Sourcing Initiative (CFSI), the Automotive Industry Action Group’s (AIAG) Conflict Minerals Work Group, and the National Association of Manufacturers’ (NAM) Conflict Minerals Task Force. Controls included an integrity policy that outlines the expected behaviors of Federal-Mogul’s employees, the Code of Conduct and Basic Working Conditions for Suppliers policy that provides expected business practices for suppliers, and the disclosure requirements with respect to conflict minerals in Federal-Mogul’s Restricted Substances Standard.

In addition, the Company has established formal requirements for suppliers related to the use and reporting of 3TG, including the implementation of a supplier conflict minerals solicitation process. Suppliers are required to complete the EICC-GeSI Conflict Minerals Reporting Template (the “ CMRT ”).

Finally, the Company established grievance mechanisms whereby employees, suppliers and other interested parties can report concerns or violations of Federal-Mogul’s policies. Such concerns or violations can be made via the Federal-Mogul helpline (which is described at  http://www.federalmogul.com/en-US/Company/Pages/Integrity-Policy.aspx ) or through a specific conflict minerals related e-mail address at  conflictminerals@federalmogul.com .

Identify and Assess Risks in Federal-Mogul's Supply Chain

As a downstream user of 3TG, Federal-Mogul is many layers removed from the mine or location from which the 3TG originated and the smelters and refiners which processed the 3TG. The Company solicited relevant suppliers using due diligence tools created by the EICC-GeSI, including the CMRT. Federal-Mogul's solicitation letter included an explanation of the 3TG and the related legal regulations, a request for suppliers to comply with the regulations and respond to Federal-Mogul, and its contact information to direct any questions. Additional solicitations and follow-ups were sent to suppliers that did not respond or provide sufficient information. During 2016, Federal-Mogul solicited approximately 184 identified “High Risk” suppliers.

In addition to comparing the results of the above described supplier-centric approach with Federal-Mogul's internal product-centric approach records, the Company further verified the smelter and refiner and country of origin information provided by our suppliers by comparing it to the information contained on the CFSI website. Through this process, for suppliers who provided names of smelters and refiners, the Company confirmed the audit status of those supplier-reported smelters and refiners. For those suppliers who provided country of origin information for the 3TG, Federal-Mogul confirmed the listed countries of origin for each smelter and refiner if that information was available on the CFSI website.

Design and Implement a Strategy to Respond to Identified Risks
 
Federal-Mogul has implemented a risk management plan which includes: requiring suppliers to respond to the CMRT; reviewing and verifying responses from suppliers and following-up on any discrepancies; assigning levels of risk to suppliers based on the results of Federal-Mogul’s product-centric and supplier-centric due diligence approaches; and reviewing any identified smelters against the CFSI smelters list to determine audit status. Federal-Mogul monitors the information received from suppliers in response to our solicitations, and regularly shares summaries of this information with its Conflict Minerals Steering Committee. Federal-Mogul is a member of CFSI and uses data from CFSI to confirm the validation status of supplier-reported smelters and refiners, as well as reported country of origin information related to the 3TG sourced from such smelters or refiners, if available.

Support the Development and Implementation of Independent Third-Party Audits of Smelter and Refiner Sourcing

As a downstream user of 3TG, Federal-Mogul and its direct supply chain are layers removed from the mine or location from which the 3TG originated and the smelters and refiners that process the 3TG. Through our membership and participation in the CFSI, we collaborate at a cross-industry level, and we continue to support the development and implementation of due diligence practices and tools such as the CMRT.

Report on Supply Chain Due Diligence

Federal-Mogul publicly communicates its conflict minerals policy, due diligence activities and related supplier expectations on its website.

DUE DILIGENCE RESULTS

For products manufactured from January 1, 2016 through December 31, 2016, after completing review of its products under Federal-Mogul’s product-centric approach, Federal-Mogul solicited approximately 184 identified “High Risk” suppliers including direct materials suppliers that started supplying to Federal-Mogul in 2016 to gather detailed information regarding the existence of the 3TG in products sold to Federal-Mogul, as well as the origin and chain of custody of the 3TG, using the CMRT. Of the 184 identified “High Risk” suppliers solicited under the Company’s supplier-centric approach, 184 responded with a fully completed CMRT . Based on completed information provided by our suppliers, Federal-Mogul believes the smelters and refiners that may have been used to produce 3TG in Federal-Mogul’s products include those listed on Annex I. Based on completed information provided by our suppliers and information available from the CFSI, Federal-Mogul believes that the countries of origin of 3TG processed by these smelters and refiners include the 37 countries listed on Annex II.

STEPS TAKEN TO MITIGATE RISK

Federal-Mogul intends to continue to evaluate its due diligence program, and, in particular, intends to annually review the criteria used to select suppliers for solicitation. Federal-Mogul intends to continue to engage with our suppliers to identify the 3TG used within our supply chain, as well as the origin and chain of custody of those 3TG. Federal-Mogul intends to continue to engage with third party programs such as the CFSI, and intends to continue to contact smelters and refiners identified in our supply chain survey process that have not yet received a “conflict free” designation and request their participation in the Conflict-Free Smelter Program or other independent third party audit program in order for them to obtain a “conflict free” designation. Finally, to the extent any Federal-Mogul supplier is found to be using not-yet-validated smelters and refiners within its supply chain, Federal-Mogul intends to engage that supplier and re-communicate our requirement for suppliers to commit to be DRC conflict-free, including, working with the concerned supplier to correct the situation; requesting the supplier to develop a corrective action plan to bring its operations into compliance so that supply to Federal-Mogul can continue; and, if a supplier fails to implement a corrective action plan, moving to terminate the business relationship.

ANNEX I

SMELTER OR REFINER FACILITIES AS IDENTIFIED BY SUPPLIER CMRT RESPONSES

 	 	 	
Metal	Smelter or Refiner Name	Country	
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 Minerçăo	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	CCR Refinery - Glencore Canada Corporation	Canada	
Gold	Cendres + Métaux SA	Switzerland	
Gold	Chimet S.p.A.	Italy	
Gold	Chugai Mining	Japan	
Gold	Daejin Indus Co. Ltd	Korea	
Gold	Daye Non-Ferrous Metals Mining Ltd.	China	
Gold	DSC (Do Sung Corporation)	Korea	
Gold	Doduco GmbH	Germany	
Gold	Dowa	Japan	
Gold	Eco-System Recycling Co., Ltd.	Japan	
Gold	Elemetal Refining, LLC	United States	
Gold	Emirates Gold DMCC	United Arab Emirates	
Gold	Gansu Seemine Material Hi-Tech Co Ltd	China	
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	
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 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	
Gold	Kyrgyzaltyn JSC	Kyrgyzstan	
Gold	L' azurde Company For Jewelry	Saudi Arabia	
Gold	Lingbao Jinyuan Tonghui Refinery Co. Ltd.	China	
Gold	LS-NIKKO Copper Inc.	Korea	
Gold	Luoyang Zijin Yinhui Metal Smelt Co Ltd	China	
Gold	Materion	United States	
Gold	Matsuda Sangyo Co., Ltd.	Japan	
Gold	Metalor Technologies (Hong Kong) Ltd	Hong Kong	
Gold	Metalor Technologies (Singapore) Pte. Ltd.	Singapore	
Gold	Metalor Technologies (Suzhou) Ltd.	China	
Gold	Metalor Technologies SA	Switzerland	
Gold	Metalor USA Refining Corporation	United States	
Gold	Metalurgica Met-Mex Penoles S.A. De C.V.	Mexico	
Gold	Mitsubishi Materials Corporation	Japan	
Gold	Mitsui Mining and Smelting Co., Ltd.	Japan	
Gold	MMTC-PAMP India Pvt., Ltd.	India	
Gold	Moscow Special Alloys Processing Plant	Russian Federation	
Gold	Nadir Metal Rafineri San. Ve Tic. A.ª.	Turkey	
Gold	Navoi Mining and Metallurgical Combinat	Uzbekistan	
Gold	Nihon Material Co., Ltd.	Japan	
Gold	Ogussa Osterreichische Gold	Austria	
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	OJSC Novosibirsk Refinery	Russian Federation	
Gold	PAMP SA	Switzerland	
Gold	Penglai Penggang Gold Industry Co Ltd	China	
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	Remondis Argentia B.V.	Netherlands	
Gold	Republic Metals Corporation	United States	
Gold	Royal Canadian Mint	Canada	
Gold	Sabin Metal Corp.	United States	
Gold	Samduck Precious Metals	Korea	
Gold	SAMWON METALS Corp.	Korea	
Gold	SAXONIA Edelmetalle GmbH	Germany	

 	
 	 	 	
Gold	Schone Edelmetaal	Netherlands	
Gold	SEMPSA Joyería Platería SA	Spain	
Gold	Shandong Zhaojin Gold & Silver Refinery Co. Ltd	China	
Gold	Sichuan Tianze Precious Metals Co., Ltd.	China	
Gold	Singway Technology Co., Ltd.	Taiwan	
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	T.C.A.S.p.A	Italy	
Gold	Tanaka Kikinzoku Kogyo K.K.	Japan	
Gold	The Great Wall Gold and Silver Refinery of China	China	
Gold	The Refinery of Shandong Gold Mining Co. Ltd	China	
Gold	Tokuriki Honten Co., Ltd	Japan	
Gold	Tongling nonferrous Metals Group Co., Ltd	China	
Gold	Torecom	Korea	
Gold	Umicore Brasil Ltda	Brazil	
Gold	Umicore Precious Metals Thailand	Thailand	
Gold	Umicore SA Bus Unit Precious Metals Refining	Belgium	
Gold	United Precious Metal Refining, Inc.	United States	
Gold	Western Australian Mint trading as The Perth Mint	Australia	
Gold	WIELAND Edelmetalle GmbH	Germany	
Gold	Yamamoto Precious Metal Co., Ltd.	Japan	
Gold	Yokohama Metal Co., Ltd.	Japan	
Gold	Yunnan Copper Industry Co Ltd	China	
Gold	Zhongyuan Gold Smelter of Zhongjin Gold Corp.	China	
Gold	Zijin Mining Group Co. Ltd	China	
Tantalum	Changsha South Tantalum Niobium Co., Ltd.	China	
Tantalum	Conghua Tantalum and Niobium Smeltry	China	
Tantalum	D Block Metals, LLC	United States	
Tantalum	Duoluoshan Sapphire Rare Metal Co. Ltd	China	
Tantalum	Exotech Inc.	United States	
Tantalum	F&X Electro-Materials Ltd.	China	
Tantalum	FIR Metals & Resource 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 Group	Germany	
Tantalum	H.C. Starck Hermsdorf GmbH	Germany	
Tantalum	H.C. Starck Inc.	United States	
Tantalum	H.C. Starck Ltd.	Japan	
Tantalum	Hengyang King Xing Lifeng New Materials Co. Ltd.	China	
Tantalum	Hi-Temp	United States	

 	
 	 	 	
Tantalum	Jiangxi Dinghai Tantalum & Niobium Co., Ltd.	China	
Tantalum	Jiangxi Tuohong New Raw Material.	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	Mineraçăo Taboca S.A.	Brazil	
Tantalum	Mitsui Mining & Smelting	Japan	
Tantalum	Molycorp Silmet A.S.	Estonia	
Tantalum	Ningxia Orient Tantalum Industry Co., Ltd.	China	
Tantalum	QuantumClean	United States	
Tantalum	Resind Industria e Comercio Ltda.	Brazil	
Tantalum	RFH Tantalum Smeltry Co., Ltd	China	
Tantalum	Solikamsk Magnesium Works OAO	Russian Federation	
Tantalum	Taki Chemicals	Japan	
Tantalum	Telex Metals	United States	
Tantalum	 Tranzact, Inc	United States	
Tantalum	Ulba	Kazakhstan	
Tantalum	XinXing HaoRong Electronic Material Co., Ltd.	China	
Tantalum	Yichun Jin Yang Rare Metal Co., Ltd	China	
Tantalum	Zhuzhou Cement Carbide	China	
Tin	Alpha	United States	
Tin	An Vinh Joint Stock Mineral Processing Company	Vietnam	
Tin	China Tin Group Co., Ltd.	China	
Tin	CNMC (Guangxi) PGMA Co. Ltd.	China	
Tin	Cooperativa Metalurgica de Rondonia ltd	Brazil	
Tin	CV Ayi Jaya	Indonesia	
Tin	CV DUA Sekawan	Indonesia	
Tin	CV Gita Pesona	Indonesia	
Tin	CV JusTindo	Indonesia	
Tin	CV Serumpun Sebalai	Indonesia	
Tin	CV Tiga Sekawan	Indonesia	
Tin	CV United Smelting	Indonesia	
Tin	CV Venus Inti Perkasa	Indonesia	
Tin	Dowa	Japan	
Tin	Electro-Mechanical Facility of the Cao Bang Mineral	Vietnam	
Tin	EM Vinto	Bolivia	
Tin	Estanho de Rondônia S.A.	Brazil	
Tin	Fenix Metals	Poland	
Tin	Gejiu Fengming Metallurgy Chemical Plant	China	
Tin	Gejiu Kai Meng Industry and Trade LLC	China	
Tin	Gejiu Non-Ferrous Metal Processing Co., Ltd.	China	

 	
 	 	 	
Tin	Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.	China	
Tin	Guanyang Guida Nonferrous Metal Smelting Plant	China	
Tin	HuiChang Hill Tin Industry Co. Ltd	China	
Tin	Huichang Jinshunda Tin Co. Ltd	China	
Tin	Jiangxi Ketai Advanced Materials 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	Metallic Resources, Inc.	United States	
Tin	Metallo Chimique	Belgium	
Tin	Metallo-Chimique N.V.	Belgium	
Tin	Mineraçăo Taboca S.A.	Brazil	
Tin	Minmetals Ganzhou Tin Co. Ltd.	China	
Tin	Minsur	Peru	
Tin	Mitsubishi Materials Corporation	Japan	
Tin	Modeltech Sdn Bhd	Malaysia	
Tin	Nankang Nanshan Tin Manufactory Co., Ltd.	China	
Tin	Novosibirsk Processing Plant Ltd.	Russian Federation	
Tin	O.M. Manufacturing (Thailand) Co., Ltd.	Thailand	
Tin	O.M. Manufacturing Philippines, Inc.	Philippines	
Tin	Operaciones Metalurgical S.A.	Bolivia	
Tin	Phoenix Metal Ltd.	Rwanda	
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 Babel Surya Alam Lestari	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 Cipta Persada Mulia	Indonesia	
Tin	PT DS Jaya Abadi	Indonesia	
Tin	PT Eunindo Usaha Mandiri	Indonesia	
Tin	PT Fang Di MulTindo	Indonesia	
Tin	PT Inti Stania Prima	Indonesia	
Tin	PT Karimun Mining	Indonesia	
Tin	PT Kijang Jaya Mandiri	Indonesia	
Tin	PT Mitra Stania Prima	Indonesia	
Tin	PT O.M. Indonesia	Indonesia	
Tin	PT Panca Mega Persada	Indonesia	
Tin	PT Pelat Timah Nusantara Tbk	Indonesia	

 	
 	 	 	
Tin	PT Prima Timah Utama	Indonesia	
Tin	PT Refined Bangka Tin	Indonesia	
Tin	PT Sariwiguna Binasentosa	Indonesia	
Tin	PT Seirama Tin investment	Indonesia	
Tin	PT Stanindo Inti Perkasa	Indonesia	
Tin	PT Sumber Jaya Indah	Indonesia	
Tin	PT Supra Sukses Trinusa	Indonesia	
Tin	PT Timah (Persero) Tbk Kundur	Indonesia	
Tin	PT Timah (Persero) Tbk Mentok	Indonesia	
Tin	PT Timah Nusantara	Indonesia	
Tin	PT Tinindo Inter Nusa	Indonesia	
Tin	PT Tommy Utama	Indonesia	
Tin	PT Wahana Perkit Jaya	Indonesia	
Tin	Resind Indústria e Comércio Ltda	Brazil	
Tin	Rui Da Hung	Taiwan	
Tin	Soft Metais, Ltda.	Brazil	
Tin	Thaisarco	Thailand	
Tin	VQB Mineral and Trading Group JSC	Vietnam	
Tin	White Solder Metalurgia e Mineraçăo Ltda.	Brazil	
Tin	Yunnan Chengfeng Non-ferrous Metals Co., Ltd.	China	
Tin	Yunnan Gejiu Zili Metallurgy Co. Ltd	China	
Tin	Yunnan Tin Company Ltd.	China	
Tungsten	A.L.M.T. TUNGSTEN Corp.	Japan	
Tungsten	Asia Tungsten Products Vietnam Ltd.	Vietnam	
Tungsten	Chongyi Zhangyuan Tungsten Co., Ltd.	China	
Tungsten	Crucible Specialty Metals	United States	
Tungsten	Dayu Jincheng Tungsten Industry Co., Ltd.	China	
Tungsten	Dayu Weiliang Tungsten Co., Ltd.	China	
Tungsten	Fujian Jinxin Tungsten 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 &M. Co., Ltd.	China	
Tungsten	Global Tungsten & Powders Corp	United States	
Tungsten	Guangdong Xianglu Tungsten Co., Ltd.	China	
Tungsten	H.C. Starck GmbH	Germany	
Tungsten	H.C. Starck Smelting GmbH & Co.KG	Germany	
Tungsten	H.C.Starck GmbH	Germany	
Tungsten	Hunan Chenzhou Mining Co. Ltd	China	
Tungsten	Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji	China	
Tungsten	Hunan Chunchang Nonferrous Metals Co., Ltd.	China	
Tungsten	Hydrometallurg, JSC	Russian Federation	
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 Minmetals Gao'an Non-ferrous Metals 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 Hutsville	United States	
Tungsten	Malipo Haiyu Tungsten Co., Ltd.	China	
Tungsten	Moliren Ltd	Russian Federation	
Tungsten	Niagara Refining LLC	United States	
Tungsten	Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC	Vietnam	
Tungsten	Philippine Chuangxin Industrial Co., Inc	Philippines	
Tungsten	South-East Nonferrous Metal Company Ltd	China	
Tungsten	Tejing (Vietnam) Tungsten Co., Ltd	Vietnam	
Tungsten	Vietnam Youngsun Tungsten Industry Co. Ltd.	Vietnam	
Tungsten	Wolfram Bergbau und Hutten AG	Austria	
Tungsten	Woltech Korea Co., Ltd	Korea	
Tungsten	Xiamen Tungsten (H.C.) Co., Ltd.	China	
Tungsten	Xiamen Tungsten Co., Ltd.	China	
Tungsten	Xinfeng Huarui Tungsten & Molybdenum New Material	China	

ANNEX II

COUNTRIES OF ORIGIN OF MINERALS
REPORTED BY SUPPLIER CMRT SMELTERS AND REFINERS

United States, Japan, Germany, Uzbekistan, Brazil, Turkey, Philippines, Sweden, Mexico, Canada, Switzerland, Italy, Korea, United Arab Emirates, China, Hong Kong, Russian Federation, Kazakhstan, Saudi Arabia, Singapore, India, Austria, Indonesia, South Africa, Netherlands, Spain, Taiwan, Thailand, Belgium, Australia, Estonia, Vietnam, Bolivia, Poland, Malaysia, Peru and Rwanda.

EXHIBIT 1.01.2

Icahn Enterprises L.P. and Icahn Enterprises Holdings L.P.
Conflict Minerals Report
(American Railcar Industries, Inc.)

INTRODUCTION
This Conflict Minerals Report (“CMR”) of Icahn Enterprises L.P. and Icahn Enterprises Holdings L.P. has been prepared pursuant to Rule 13p-1 and Form SD promulgated under the Securities Exchange Act of 1934 (the “Exchange Act”) for the reporting period from January 1, 2016 to December 31, 2016 (“the Reporting Period”). Due to the nature of our business, this CMR was prepared to specifically disclose certain information relating to our operating subsidiary, American Railcar Industries, Inc. (“ARI” or the “Company”).
Rule 13p-1 under the Exchange Act requires the disclosure of certain information when a company manufactures or contracts to manufacture products for which “Conflict Minerals” are necessary to the functionality or production of those products. “Conflict Minerals” for the purposes of Rule 13p-1 are gold, columbite-tantalite (coltan), cassiterite, and wolframite (including their derivatives, tantalum, tin and tungsten, and other minerals or derivatives the U.S. Secretary of State may designate in the future). The “Covered Countries” for the purposes of Rule 13p-1 are the Democratic Republic of the Congo (“the DRC”), the Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania, Zambia, and Angola.
In accordance with Securities and Exchange Commission (“SEC”) guidance, this CMR is not audited.
As required by Rule 13p-1, this CMR relates to products: (i) for which Conflict Minerals are necessary to the functionality or production of those products; (ii) that were manufactured, or contracted to be manufactured, by the Company; and (iii) for which the manufacture was completed during the Reporting Period. These products, which are collectively referred to in this report as the “Covered Products”, include railcars and certain railcar components manufactured or sourced by ARI's Manufacturing segment. The Company believes that only a small portion of the materials content of the Covered Products constitute Conflict Minerals necessary to their functionality and/or production.
Reasonable Country of Origin Inquiry ("RCOI")
ARI conducted a good faith RCOI regarding the necessary Conflict Minerals used in its products. This good faith RCOI was designed to reasonably determine whether any of the necessary Conflict Minerals originated in the Covered Countries or came from recycled or scrap sources.
The Company’s primary means of determining the country of origin of such Conflict Minerals was by conducting a supply chain survey. The “Conflict Minerals Committee” (as defined below), having direct knowledge and expertise with respect to ARI's supply chain composition, first reviewed the listing of materials for Covered Products received during 2016 to identify those materials reasonably likely to contain Conflict Minerals. After cross-referencing the Conflict Minerals Committee's findings against prior-year RCOI and due diligence results, ARI identified fewer than 5% of the Company's direct suppliers as supplying such materials (“Potential CM Suppliers”). Potential CM Suppliers were asked to complete the Electronic Industry Citizenship Coalition/Global e-Sustainability Initiative Conflict Minerals Reporting Template (“the Template”) to identify smelters and refiners. Where applicable, the Company also inquired and/or obtained supplier policies on Conflict Minerals and made follow-up inquiries with appropriate supplier personnel.
DUE DILIGENCE PROCESS
Design of Due Diligence
Based on the Company’s RCOI, the Company was also required to exercise due diligence on the source and chain of custody of the Conflict Minerals in its products. The design of the due diligence measures described below is intended to comply in all material respects with 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: Third Edition , including the related supplements on gold, tin, tantalum and tungsten (collectively, “the OECD Guidance”). The OECD Guidance is an internationally recognized due diligence framework for identifying the source of Conflict Minerals, which includes the following steps:

Step 1: Establish strong company management systems
Step 2: Identify and assess risks in the supply chain
Step 3: Design and implement a strategy to respond to identified risks
Step 4: Carry out independent third-party audit of smelter(s)/refiner(s) due diligence practices
Step 5: Report annually on supply chain due diligence
The OECD Guidance is written for the entire mineral supply chain and therefore ARI’s due diligence measures were tailored to include steps appropriate for “downstream” companies such as the Company.
Due Diligence Measures Performed
The Company’s supply chain is complex. Numerous third-parties are involved in the network that exists between ARI's suppliers and the original sources of any Conflict Minerals. Because the Company does not purchase Conflict Minerals directly from mines, smelters or refiners, it must rely on its suppliers to provide information regarding the origin of the Conflict Minerals in ARI's products. Given this context, the Company undertook the following measures to exercise due diligence on the source and chain of custody of the Conflict Minerals in its products for the Reporting Period:
 	 	
(i)	ARI has established a management system to support its supply chain due diligence.	

a.	ARI maintains an organizational structure and communication process that is intended to establish a system of transparency over its supply chain. This system is meant to help ARI obtain critical information regarding the supply chain of Conflict Minerals used in its products.	
 	 	
b.	ARI has a company policy regarding Conflict Minerals. This policy is publicly available on the Company’s website:  americanrailcar.com . Employees, suppliers and other interested parties can contact ARI regarding its Conflict Minerals policy either in writing or by phone.	
 	 	
c.	Authority and responsibility are assigned to a multi-disciplinary team comprised of ARI's Director of Purchasing, Manager of Financial Reporting, and Manager of Internal Audit (collectively, the “Conflict Minerals Committee”). The Conflict Minerals Committee receives periodic support from ARI's General Counsel and reports all Conflict Minerals matters directly to ARI's Chief Financial Officer.	
 	 	
d.	ARI has distributed communications to its suppliers making them aware of Rule 13p-1 and ARI's related policies. Conflict Minerals provisions have been incorporated into supplier contracts and purchase orders through the Company's updated standard terms and conditions as published on its website.	
 	 	
e.	ARI maintains business records relating to Conflict Minerals due diligence in accordance with the Company's existing policies and/or processes.	

(ii)	ARI has taken steps to identify and assess risk in its supply chain.	

a.	As described above, ARI identified Potential CM Suppliers in its supply chain during the Reporting Period and sent those suppliers a copy of the Template (a “Survey”).	
 	 	
b.	Of the Potential CM Suppliers surveyed, 100% provided a Survey response, however 11% of these responses were incomplete or provided inconsistent information. Follow-up reminders and inquiries were sent to suppliers who provided incomplete responses.	
 	 	
c.	Of the Potential CM Suppliers who provided complete Survey responses, all indicated that their products contained Conflict Minerals, of which 37.5% indicated that the Conflict Minerals did not originate from the Covered Countries and 25% indicated that their products were made from recycled or scrap products. The remaining 37.5% indicated that their products contained Conflict Minerals that may have originated from the Covered Countries. Some of these responses also indicated that some or all of the smelters or refiners used are “compliant” under the Conflict Free Sourcing Initiative (CFSI) Conflict-Free Smelter Program.	

(iii)	ARI has designed and implemented a strategy to respond to identified risks.	

a.	ARI’s Conflict Minerals Committee monitors internal accountability with respect to the implementation of the supply chain due diligence process and reports its findings of the supply chain risk assessment to upper level management and the Audit Committee of ARI's Board of Directors.	
 	 	
b.	ARI has designed and implemented a risk management plan that includes, but is not limited to, requests for Potential CM Suppliers to complete surveys and engaging in follow-up discussions with suppliers about the composition of their products and materials. In addition, the Company has incorporated Conflict Minerals language into ARI’s supplier contracts. If a supplier identifies that it has Conflict Minerals in the products or materials it supplies, it is added to the list of Potential CM Suppliers and ARI actively engages with that supplier to identify the locations of the smelter(s)/refiner(s) of those Conflict Minerals and to obtain a copy of their Conflict Mineral policies.	

 	 	
c.	For certain Survey responses that identified smelters or refiners in ARI's supply chain that are providing Conflict Minerals, ARI reviewed the CFSI Conflict-Free Smelter Program lists to determine if those smelters or refiners are compliant with the CFSI Conflict-Free Smelter Program.	

(iv)	ARI has determined that reliance upon independent third-party audits of smelter/refiner due diligence practices by the CFSI is appropriate.	

a.	ARI is a downstream company and is many steps removed from the smelters and refiners that produce the necessary Conflict Minerals contained in ARI’s products. ARI does not purchase raw minerals or ores, and does not, to the best of its knowledge, directly purchase Conflict Minerals from any of the Covered Countries. Accordingly, ARI does not perform or direct Conflict Mineral audits of these entities’ supply chains. However, ARI supports industry-wide efforts and the development and implementation of independent third-party audits of smelters and refiners, such as the CFSI’s Conflict-Free Smelter Program.	

(v)	ARI complies with Step 5 of the OECD Guidance through its filing of this report (and the related Form SD) with the SEC and by making these materials publicly available on its website at  americanrailcar.com .	
DUE DILIGENCE RESULTS AND RISK MITIGATION
Based on the information provided by the suppliers that ARI surveyed and otherwise obtained through the due diligence process, ARI believes that, to the extent reasonably determinable by ARI, the facilities that were used to process the Conflict Minerals contained in the Covered Products included the 325 smelters or refiners listed in Annex I.
Annex I includes only facilities that are listed in the Template as “Known Smelters or Refineries”. Of these 325 Known Smelters or Refineries, 244 received a “conflict-free” designation from an independent third party audit program as of May 17, 2017.
Despite repeated efforts to obtain completed Surveys, one supplier provided responses that indicated the origin of Conflict Minerals could not currently be determined. Despite its due diligence efforts, because the Company is several levels removed from the source of the Conflict Minerals, it was unable to identify or further investigate the source of any Conflict Minerals supplied by certain suppliers who were either non-responsive or uncertain about where the Conflict Minerals used in products they supplied to the Company originated. Therefore, the Company does not have sufficient information to determine the facilities used to process, the country of origin, or mine or location of origin of every Conflict Mineral in the Covered Products.
The Company expects to continue taking the following steps, among others, to improve its due diligence measures and to further mitigate the risk that the necessary Conflict Minerals contained in the Company’s supply chain benefit armed groups in the Covered Countries:
 	 	
(i.)	Engage with suppliers to obtain current, accurate, and complete information about the supply chain;	

(ii.)	Encourage suppliers to implement responsible sourcing;	

(iii.)	Review “conflict-free” smelter lists from independent “conflict-free” smelter validation programs, such as CFSI’s Conflict-Free Smelter Program; and	
 	 	
(iv.)	Monitor regulatory or legislative changes to the Conflict Minerals rules.	

ARI has provided information as of the date of this report. Subsequent events, such as the inability or unwillingness of any suppliers, smelters or refiners to comply with ARI’s Conflict Minerals Policy, may affect ARI’s future determinations under Rule 13p-1.
The Company also completed a Survey for each of its requesting customers for the Reporting Period. ARI supports its customers' reporting obligations as required by Rule 13p-1.
Website addresses are included in this report for reference only. Any information contained on ARI’s website is not incorporated by reference into this report.

FORWARD-LOOKING STATEMENTS
Certain statements in this report may be “forward-looking” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “intends,” “expects,” “plans,” “believes,” “estimates,” “anticipates,” and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements include statements relating to the Company's future plans, and any other statement that does not directly relate to any historical or current fact. Forward-looking statements are

based on the Company's current expectations and assumptions, which may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially from these forward-looking statements. As a result, these statements speak only as of the date they are made and ARI undertakes no obligation to update or revise any forward-looking statement, except as required by federal securities laws.

ANNEX I

Metal	Smelter Name	Smelter Country	
Gold	Abington Reldan Metals, LLC	United States	
Gold	Advanced Chemical Company	United States	
Gold	Aida Chemical Industries Co., Ltd.	Japan	
Gold	Al Etihad Gold Refinery DMCC	United Arab Emirates	
Gold	Allgemeine Gold-und Silberscheideanstalt A.G.	Germany	
Gold	Almalyk Mining and Metallurgical Complex (AMMC)	Uzbekistan	
Gold	AngloGold Ashanti Córrego do Sítio Mineraçăo	Brazil	
Gold	Argor-Heraeus S.A.	Switzerland	
Gold	Asahi Pretec Corp.	Japan	
Gold	Asahi Refining Canada Ltd.	Canada	
Gold	Asahi Refining USA Inc.	United States	
Gold	Asaka Riken Co., Ltd.	Japan	
Gold	Atasay Kuyumculuk Sanayi Ve Ticaret A.S.	Turkey	
Gold	AU Traders and Refiners	South Africa	
Gold	AURA-II	United States	
Gold	Aurubis AG	Germany	
Gold	Bangalore Refinery	India	
Gold	Bangko Sentral ng Pilipinas (Central Bank of the Philippines)	Philippines	
Gold	Boliden AB	Sweden	
Gold	C. Hafner GmbH + Co. KG	Germany	
Gold	Caridad	Mexico	
Gold	CCR Refinery - Glencore Canada Corporation	Canada	
Gold	Cendres + Métaux S.A.	Switzerland	
Gold	Chimet S.p.A.	Italy	
Gold	Chugai Mining	Japan	
Gold	Daejin Indus Co., Ltd.	Korea, Republic of	
Gold	Daye Non-Ferrous Metals Mining Ltd.	China	
Gold	Degussa Sonne / Mond Goldhandel GmbH	Germany	
Gold	DODUCO GmbH	Germany	
Gold	Dowa	Japan	
Gold	DSC (Do Sung Corporation)	Korea, Republic of	
Gold	Eco-System Recycling Co., Ltd.	Japan	
Gold	Elemetal Refining, LLC	United States	
Gold	Emirates Gold DMCC	United Arab Emirates	
Gold	Fidelity Printers and Refiners Ltd.	Zimbabwe	
Gold	Gansu Seemine Material Hi-Tech Co., Ltd.	China	
Gold	Geib Refining Corporation	United States	
Gold	Great Wall Precious Metals Co., Ltd. of CBPM	China	
Gold	Guangdong Jinding Gold Limited	China	
Gold	Gujarat Gold Centre	India	
Gold	Guoda Safina High-Tech Environmental Refinery Co., Ltd.	China	
Gold	Hangzhou Fuchunjiang Smelting Co., Ltd.	China	
Gold	Heimerle + Meule GmbH	Germany	

 	
 	 	 	
Gold	Heraeus Ltd. Hong Kong	China	
Gold	Heraeus Precious Metals GmbH & Co. KG	Germany	
Gold	Hunan Chenzhou Mining Co., Ltd.	China	
Gold	HwaSeong CJ Co., Ltd.	Korea, Republic of	
Gold	Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.	China	
Gold	Ishifuku Metal Industry Co., Ltd.	Japan	
Gold	Istanbul Gold Refinery	Turkey	
Gold	Japan Mint	Japan	
Gold	Jiangxi Copper Co., Ltd.	China	
Gold	JSC Ekaterinburg Non-Ferrous Metal Processing Plant	Russian Federation	
Gold	JSC Uralelectromed	Russian Federation	
Gold	JX Nippon Mining & Metals Co., Ltd.	Japan	
Gold	Kaloti Precious Metals	United Arab Emirates	
Gold	Kazakhmys Smelting LLC	Kazakhstan	
Gold	Kazzinc	Kazakhstan	
Gold	Kennecott Utah Copper LLC	United States	
Gold	KGHM Polska Miedz Spólka Akcyjna	Poland	
Gold	Kojima Chemicals Co., Ltd.	Japan	
Gold	Korea Zinc Co., Ltd.	Korea, Republic of	
Gold	Kyrgyzaltyn JSC	Kyrgyzstan	
Gold	L'azurde Company For Jewelry	Saudi Arabia	
Gold	Lingbao Gold Co., Ltd.	China	
Gold	Lingbao Jinyuan Tonghui Refinery Co., Ltd.	China	
Gold	LS-NIKKO Copper Inc.	Korea, Republic of	
Gold	Luoyang Zijin Yinhui Gold Refinery Co., Ltd.	China	
Gold	Materion	United States	
Gold	Matsuda Sangyo Co., Ltd.	Japan	
Gold	Metalor Technologies (Hong Kong) Ltd.	China	
Gold	Metalor Technologies (Singapore) Pte., Ltd.	Singapore	
Gold	Metalor Technologies (Suzhou) Ltd.	China	
Gold	Metalor Technologies S.A.	Switzerland	
Gold	Metalor USA Refining Corporation	United States	
Gold	Metalúrgica Met-Mex Peñoles S.A. De C.V.	Mexico	
Gold	Mitsubishi Materials Corporation	Japan	
Gold	Mitsui Mining and Smelting Co., Ltd.	Japan	
Gold	MMTC-PAMP India Pvt., Ltd.	India	
Gold	Modeltech Sdn Bhd	Malaysia	
Gold	Morris and Watson	New Zealand	
Gold	Moscow Special Alloys Processing Plant	Russian Federation	
Gold	Nadir Metal Rafineri San. Ve Tic. A.S.	Turkey	
Gold	Navoi Mining and Metallurgical Combinat	Uzbekistan	
Gold	Nihon Material Co., Ltd.	Japan	
Gold	Ögussa Österreichische Gold- und Silber-Scheideanstalt GmbH	Austria	
Gold	Ohura Precious Metal Industry Co., Ltd.	Japan	
Gold	OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet)	Russian Federation	
Gold	OJSC Novosibirsk Refinery	Russian Federation	

 	
 	 	 	
Gold	PAMP S.A.	Switzerland	
Gold	Penglai Penggang Gold Industry Co., Ltd.	China	
Gold	Prioksky Plant of Non-Ferrous Metals	Russian Federation	
Gold	PT Aneka Tambang (Persero) Tbk	Indonesia	
Gold	PX Précinox S.A.	Switzerland	
Gold	Rand Refinery (Pty) Ltd.	South Africa	
Gold	Remondis Argentia B.V.	Netherlands	
Gold	Republic Metals Corporation	United States	
Gold	Royal Canadian Mint	Canada	
Gold	SAAMP	France	
Gold	Sabin Metal Corp.	United States	
Gold	SAFINA A.S.	Czech Republic	
Gold	Sai Refinery	India	
Gold	Samduck Precious Metals	Korea, Republic of	
Gold	Samwon Metals Corp.	Korea, Republic of	
Gold	SAXONIA Edelmetalle GmbH	Germany	
Gold	Schone Edelmetaal B.V.	Netherlands	
Gold	SEMPSA Joyería Platería S.A.	Spain	
Gold	Shandong Tiancheng Biological Gold Industrial Co., Ltd.	China	
Gold	Shandong Zhaojin Gold & Silver Refinery Co., Ltd.	China	
Gold	Sichuan Tianze Precious Metals Co., Ltd.	China	
Gold	Singway Technology Co., Ltd.	Taiwan, Province of China	
Gold	So Accurate Group, Inc.	United States	
Gold	SOE Shyolkovsky Factory of Secondary Precious Metals	Russian Federation	
Gold	Solar Applied Materials Technology Corp.	Taiwan, Province of China	
Gold	Sudan Gold Refinery	Sudan	
Gold	Sumitomo Metal Mining Co., Ltd.	Japan	
Gold	T.C.A S.p.A	Italy	
Gold	Tanaka Kikinzoku Kogyo K.K.	Japan	
Gold	The Refinery of Shandong Gold Mining Co., Ltd.	China	
Gold	Tokuriki Honten Co., Ltd.	Japan	
Gold	Tongling Nonferrous Metals Group Co., Ltd.	China	
Gold	Tony Goetz NV	Belgium	
Gold	TOO Tau-Ken-Altyn	Kazakhstan	
Gold	Torecom	Korea, Republic of	
Gold	Umicore Brasil Ltda.	Brazil	
Gold	Umicore Precious Metals Thailand	Thailand	
Gold	Umicore S.A. Business Unit Precious Metals Refining	Belgium	
Gold	United Precious Metal Refining, Inc.	United States	
Gold	Universal Precious Metals Refining Zambia	Zambia	
Gold	Valcambi S.A.	Switzerland	
Gold	Western Australian Mint trading as The Perth Mint	Australia	
Gold	WIELAND Edelmetalle GmbH	Germany	
Gold	Yamamoto Precious Metal Co., Ltd.	Japan	
Gold	Yokohama Metal Co., Ltd.	Japan	

 	
 	 	 	
Gold	Yunnan Copper Industry Co., Ltd.	China	
Gold	Zhongyuan Gold Smelter of Zhongjin Gold Corporation	China	
Gold	Zijin Mining Group Co., Ltd. Gold Refinery	China	
Tantalum	Changsha South Tantalum Niobium Co., Ltd.	China	
Tantalum	Conghua Tantalum and Niobium Smeltry	China	
Tantalum	D Block Metals, LLC	United States	
Tantalum	Duoluoshan	China	
Tantalum	Exotech Inc.	United States	
Tantalum	F&X Electro-Materials Ltd.	China	
Tantalum	FIR Metals & Resource Ltd.	China	
Tantalum	Global Advanced Metals	United States	
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 Group	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 Specialty Metals, Inc.	United States	
Tantalum	Jiangxi Dinghai Tantalum & Niobium Co., Ltd.	China	
Tantalum	Jiangxi Tuohong New Raw Material	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	Mineraçăo Taboca S.A.	Brazil	
Tantalum	Mitsui Mining & Smelting	Japan	
Tantalum	Molycorp Silmet A.S.	Estonia	
Tantalum	Ningxia Orient Tantalum Industry Co., Ltd.	China	
Tantalum	Plansee	Austria	
Tantalum	Plansee SE Liezen	Austria	
Tantalum	Plansee SE Reutte	Austria	
Tantalum	Power Resources Ltd.	Macedonia	
Tantalum	QuantumClean	United States	
Tantalum	Resind Indústria e Comércio Ltda.	Brazil	
Tantalum	RFH Tantalum Smeltry Co., Ltd.	China	
Tantalum	Solikamsk Magnesium Works OAO	Russian Federation	

 	
 	 	 	
Tantalum	Taki Chemical Co., Ltd.	Japan	
Tantalum	Telex Metals	United States	
Tantalum	Tranzact, Inc.	United States	
Tantalum	Ulba Metallurgical Plant JSC	Kazakhstan	
Tantalum	XinXing HaoRong Electronic Material Co., Ltd.	China	
Tantalum	Yichun Jin Yang Rare Metal Co., Ltd.	China	
Tantalum	Zhuzhou Cemented Carbide Group Co., Ltd.	China	
Tin	Alpha	United States	
Tin	An Thai Minerals Co., Ltd.	Vietnam	
Tin	An Vinh Joint Stock Mineral Processing Company	Vietnam	
Tin	Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.	China	
Tin	China Tin Group Co., Ltd.	China	
Tin	CNMC (Guangxi) PGMA Co., Ltd.	China	
Tin	Cooperativa Metalurgica de Rondônia Ltda.	Brazil	
Tin	CV Ayi Jaya	Indonesia	
Tin	CV Dua Sekawan	Indonesia	
Tin	CV Gita Pesona	Indonesia	
Tin	CV Serumpun Sebalai	Indonesia	
Tin	CV Tiga Sekawan	Indonesia	
Tin	CV United Smelting	Indonesia	
Tin	CV Venus Inti Perkasa	Indonesia	
Tin	Dowa	Japan	
Tin	Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company	Vietnam	
Tin	Elmet S.L.U.	Spain	
Tin	EM Vinto	Bolivia	
Tin	Estanho de Rondônia S.A.	Brazil	
Tin	Fenix Metals	Poland	
Tin	Gejiu Fengming Metallurgy Chemical Plant	China	
Tin	Gejiu Jinye Mineral Company	China	
Tin	Gejiu Kai Meng Industry and Trade LLC	China	
Tin	Gejiu Non-Ferrous Metal Processing Co., Ltd.	China	
Tin	Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.	China	
Tin	Gejiu Zili Mining And Metallurgy Co., Ltd.	China	
Tin	Guanyang Guida Nonferrous Metal Smelting Plant	China	
Tin	HuiChang Hill Tin Industry Co., Ltd.	China	
Tin	Huichang Jinshunda Tin Co., Ltd.	China	
Tin	Jiangxi Ketai Advanced Material Co., Ltd.	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	Metallic Resources, Inc.	United States	
Tin	Metallo-Chimique N.V.	Belgium	
Tin	Mineraçăo Taboca S.A.	Brazil	
Tin	Minsur	Peru	
Tin	Mitsubishi Materials Corporation	Japan	
Tin	Modeltech Sdn Bhd	Malaysia	

 	
 	 	 	
Tin	Nankang Nanshan Tin Manufactory Co., Ltd.	China	
Tin	Nghe Tinh Non-Ferrous Metals Joint Stock Company	Vietnam	
Tin	O.M. Manufacturing (Thailand) Co., Ltd.	Thailand	
Tin	O.M. Manufacturing Philippines, Inc.	Philippines	
Tin	Operaciones Metalurgical S.A.	Bolivia	
Tin	Phoenix Metal Ltd.	Rwanda	
Tin	PT Aries Kencana Sejahtera	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 Prima Tin	Indonesia	
Tin	PT Bangka Tin Industry	Indonesia	
Tin	PT Belitung Industri Sejahtera	Indonesia	
Tin	PT Bukit Timah	Indonesia	
Tin	PT Cipta Persada Mulia	Indonesia	
Tin	PT DS Jaya Abadi	Indonesia	
Tin	PT Eunindo Usaha Mandiri	Indonesia	
Tin	PT Inti Stania Prima	Indonesia	
Tin	PT Justindo	Indonesia	
Tin	PT Karimun Mining	Indonesia	
Tin	PT Kijang Jaya Mandiri	Indonesia	
Tin	PT Lautan Harmonis Sejahtera	Indonesia	
Tin	PT Mitra Stania Prima	Indonesia	
Tin	PT O.M. Indonesia	Indonesia	
Tin	PT Panca Mega Persada	Indonesia	
Tin	PT Pelat Timah Nusantara Tbk	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 Sukses Inti Makmur	Indonesia	
Tin	PT Sumber Jaya Indah	Indonesia	
Tin	PT Timah (Persero) Tbk Kundur	Indonesia	
Tin	PT Timah (Persero) Tbk Mentok	Indonesia	
Tin	PT Tinindo Inter Nusa	Indonesia	
Tin	PT Tirus Putra Mandiri	Indonesia	
Tin	PT Tommy Utama	Indonesia	
Tin	PT Wahana Perkit Jaya	Indonesia	
Tin	Resind Indústria e Comércio Ltda.	Brazil	
Tin	Rui Da Hung	Taiwan, Province of China	
Tin	Soft Metais Ltda.	Brazil	
Tin	Thaisarco	Thailand	
Tin	Tuyen Quang Non-Ferrous Metals Joint Stock Company	Vietnam	
Tin	VQB Mineral and Trading Group JSC	Vietnam	
Tin	White Solder Metalurgia e Mineraçăo Ltda.	Brazil	

 	
 	 	 	
Tin	Yunnan Chengfeng Non-ferrous Metals Co., Ltd.	China	
Tin	Yunnan Tin Company Limited	China	
Tungsten	A.L.M.T. TUNGSTEN Corp.	Japan	
Tungsten	ACL Metais Eireli	Brazil	
Tungsten	ATC(Asia Tungsten Product Co., Ltd)	Vietnam	
Tungsten	Chenzhou Diamond Tungsten Products Co., Ltd.	China	
Tungsten	Chongyi Zhangyuan Tungsten Co., Ltd.	China	
Tungsten	Dayu Jincheng Tungsten Industry 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	H.C. Starck Smelting GmbH & Co.KG	Germany	
Tungsten	Hunan Chenzhou Mining Co., Ltd.	China	
Tungsten	Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji	China	
Tungsten	Hunan Chuangda Vanadium Tungsten Co., Ltd. Yanglin	China	
Tungsten	Hunan Chunchang Nonferrous Metals Co., Ltd.	China	
Tungsten	Hydrometallurg, JSC	Russian Federation	
Tungsten	Japan New Metals Co., Ltd.	Japan	
Tungsten	Jiangwu H.C. Starck Tungsten Products Co., Ltd.	China	
Tungsten	Jiangxi Dayu Longxintai Tungsten Co., Ltd.	China	
Tungsten	Jiangxi Gan Bei Tungsten Co., Ltd.	China	
Tungsten	Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd.	China	
Tungsten	Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.	China	
Tungsten	Jiangxi Xinsheng Tungsten Industry Co., Ltd.	China	
Tungsten	Jiangxi Xiushui Xianggan Nonferrous Metals 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	Moliren Ltd	Russian Federation	
Tungsten	Niagara Refining LLC	United States	
Tungsten	Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC	Vietnam	
Tungsten	Philippine Chuangxin Industrial Co., Inc.	Philippines	
Tungsten	Pobedit, JSC	Russian Federation	
Tungsten	Sanher Tungsten Vietnam Co., Ltd.	Vietnam	
Tungsten	South-East Nonferrous Metal Company Limited of Hengyang City	China	
Tungsten	Tejing (Vietnam) Tungsten Co., Ltd.	Vietnam	
Tungsten	Unecha Refractory metals plant	Russian Federation	

 	
 	 	 	
Tungsten	Vietnam Youngsun Tungsten Industry Co., Ltd.	Vietnam	
Tungsten	Wolfram Bergbau und Hütten AG	Austria	
Tungsten	Woltech Korea Co., Ltd.	Korea, Republic of	
Tungsten	Xiamen Tungsten (H.C.) Co., Ltd.	China	
Tungsten	Xiamen Tungsten Co., Ltd.	China	
Tungsten	Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.	China	
Tungsten	Xinhai Rendan Shaoguan Tungsten Co., Ltd.	China