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US DOE reveals 2023 Critical Minerals Assessment

The US Department for Energy (DOE) has released its 2023 Critical Minerals Assessment, identifying materials considered critical to global clean energy technology supply chains.

The list includes energy-specific materials that are considered to be critical and near critical until 2035. The materials are identified according to their high risk of supply disruption and according to their use in clean energy technologies.

The assessment considers the global nature of material and technology markets while placing US domestic interests at the centre. For each material identified, the DOE will develop an integrated specific strategy.

The list will also be considered in the frame of eligibility for tax credits under the US Inflation Reduction Act.

The Critical Materials Assessment is available here.

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