Supply chain in mining: The race for critical raw materials
The Inflation Reduction Act (IRA) and Critical Raw Materials Act (CRMA) are the clearest results of a race to reclaim control over critical raw materials following the global supply chain vulnerabilities exposed during the pandemic and exacerbated by Russia’s invasion of Ukraine, as well as a growing frustration over China’s dominance of the global critical raw materials chain. America and the EU recognise that critical raw materials are the cornerstone for the electrification of society.
In this article published by Mining Digital, Louise Woods and Elena Guillet explore the IRA’s and CRMA’s potential impacts and opportunities for the mining industry.
Read the article here.
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This information is provided by Vinson & Elkins LLP for educational and informational purposes only and is not intended, nor should it be construed, as legal advice.