Insight
What the new critical mineral guidelines of the Inflation Reduction Act mean for OEMs
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
In December 2022 the US Treasury released a whitepaper proposing new guidelines that allow for minerals mined outside of US-FTA borders to be treated as qualifying, as long as the processing value addition takes place within US-FTA borders. This insight discusses the impact of this whitepaper, providing a guidance into how US OEMs will restructure their supply chains, the specific mineral refining processes that need to be on-shored to qualify for tax credits, and new investment opportunities in the extraction and refining sectors
Table of contents
-
New Treasury guidance shifts the focus from mining to refining
- Lithium:
- Nickel:
- Graphite:
- What’s the investment opportunity?
Tables and charts
This report includes the following images and tables:
- Critical mineral value portions in NMC811 cells
- Critical mineral value portions in LFP cells
- Lithium demand from US EVs and available supply
- Nickel demand from US EVs and available supply
- Graphite demand from US EVs and available supply
What's included
This report contains:
Other reports you may be interested in
Insight
Charging the bottom line - the impact of the AMPC on battery raw materials
The US' Advanced Manufacturing Production Credit aims to boost battery raw material production, but fails to shift the needle for most.
$1,050
Insight
LME Forum 2024
A pivotal moment for metals
$1,050
Insight
Automakers get a reprieve on graphite in the Inflation Reduction Act
The updated ruling in the IRA eases sourcing requirements for graphite for a further two years, impacting automaker strategies
$1,050
