Reuters: Miners face supply chain overhaul to meet U.S. EV credit deadline

Reuters: Miners face supply chain overhaul to meet U.S. EV credit deadline Main Photo

11 Aug 2022


News

Miners will struggle to expand operations in the United States in record time to meet a deadline for sourcing key minerals domestically or from select countries as set out by a bill likely to be passed on Friday, companies and industry watchers said.

The requirement is part of a sweeping bill that includes climate and clean energy policies and rules on electric vehicle (EV) battery materials such as cobalt, lithium, nickel and graphite. The U.S. House of Representatives is set to vote on the measure Friday.

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