EU Critical Raw Materials Act (CRMA) 2024/1252

EU dependency on non-EU critical raw materials threatens supply chain resilience.

Key Obligations

["Strategic project designation for critical raw material extraction/processing", "Supply chain due diligence for critical raw materials", "Benchmarks for domestic production capacity"]

Penalty Ranges

Varies by member state

Affected HS Codes: ["2601", "2602", "2603", "2604", "2605", "2606", "2607", "2608", "2609", "2610", "2611", "2612", "2613", "2614", "2615", "2616", "2617", "2618", "2619", "2620", "2621", "2622", "2623", "2624", "2625",...

Issuing Authority: European Commission

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