CRMA - Lithium Positive21 May 2024 17:33
With the CRMA due to be enacted in 2 days, not short of news items, liked this one from IOM3.
Posted 6 hours ago.
21 May 2024 by Alex Brinded
EU Critical Raw Materials Act receives raw critique
A review of the EU's Critical Raw Materials Act (CRMA) finds a disproportionately high focus on raw materials to produce rare-earth magnets, as well as battery-grade lithium.
The Act was passed into law in April 2024 and is intended to strengthen the union's critical raw materials supply chain for decades.
A review of the act by industry analysts at Adamas Intelligence, Tradium and Rawmaterials.net produced a report examining the implications and viability of the mandates targets for lithium and rare-earth elements.
The report finds the outlook for lithium to be positive, with the EU well positioned to meet or exceed targets across all four pillars of extraction, processing, recycling and supply diversification.