The battery industry is preparing for new critical minerals regulations, including the U.S. Critical Material Transparency and Reporting in Advanced Clean Energy (TRACE) Act, introduced in April 2024, and the EU Battery Regulation Amendment, set to take effect on February 1, 2027. These regulations mandate digital tracking and material circularity programs for critical minerals like lithium, cobalt, graphite, copper, and nickel.
The TRACE Act and EU Battery Regulation aim to enforce transparency in carbon accounting among OEMs, battery makers, and product manufacturers, requiring extensive data collection, validation, and exchange. This includes information on battery composition, materials sourcing, carbon footprints, recycled content, and material recovery levels.
These evolving regulations will fundamentally change responsibilities for industry stakeholders, from mining operations to EV and grid storage manufacturers. Exponent's expertise in materials science, environmental consulting, and regulatory compliance positions it to assist clients in navigating these complex new requirements and developing robust data governance processes.
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