Supply chain in mining: The race for critical raw materials

The Inflation Reduction Act (IRA) and Critical Raw Materials Act (CRMA) are the clearest results of a race to reclaim control over critical raw materials following the global supply chain vulnerabilities exposed during the pandemic and exacerbated by Russia’s invasion of Ukraine, as well as a growing frustration over China’s dominance of the global critical raw materials chain. America and the EU recognise that critical raw materials are the cornerstone for the electrification of society.