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
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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:
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Critical mineral value portions in NMC811 cellsCritical mineral value portions in LFP cellsLithium demand from US EVs and available supplyNickel demand from US EVs and available supplyGraphite demand from US EVs and available supply
What's included
This report contains:
