Sustainable and ethical sourcing of materials is a vital part of the battery supply chain ecosystem, for EV manufacturers as well as consumers.
The Trusted Supply Chain project is developing tools and platforms to connect customers to the sources of battery minerals and provide provenance and traceability.
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.
“The potential for reputational damage is high without a trusted and transparent supply chain. The traceability and provenance of materials is vital for mining companies to maintain their trust and integrity as a supplier to EV manufacturers, which would be impossible without this project.”
– Dr Prokopiy Vasiliyev