Australia has an opportunity to be a leader in traceability. The outcomes of the Trusted Supply Chain project will give Australian producers of battery materials a significant competitive advantage over products with uncertain provenance. This will be a key contributor to unlocking the significant value available to Australia in creating a future battery industry.
By the end of 2025, new EU legislation will require importers to pay adjustment tax in relation to any direct carbon emissions created during the production of imported materials. This will make the validation and verification of responsibly sourced materials absolutely essential for European EV manufacturers.
Equally important, undisputable traceability will provide greater assurance for end users and consumers around the ethical, social, and environmental sustainability of Australia’s battery value chain.
Trusted Supply Chain Report