Skip to content
economy3

CANON · REGULATION / EU-CRMA-2024

Critical Raw Materials Act

DefinedTerm · Legislation

Requires large companies to audit strategic raw material supply chains. Sets EU benchmarks for domestic extraction (10%), processing (40%), and recycling (25%) of strategic minerals. In force May 2024.

TERM CODE
eu-crma-2024
LEGISLATION IDENTIFIER
EU CRMA (2024/1252)
LEGISLATION JURISDICTION
European Union
LEGISLATION LEGAL FORCE
https://schema.org/InForce
EXTERNAL REFERENCE
https://eur-lex.europa.eu/eli/reg/2024/1252/oj
ADDITIONAL PROPERTY
in-effectstatusLarge EU manufacturers must conduct strategic raw material audits covering their supply chains. Mine3 provenance records for critical minerals satisfy the traceability requirements these audits demand.reasonminingappliesSectorseu-exportappliesTriggersappliesMaterials2jurisdictionRank
{
  "@context": [
    "https://schema.org",
    {
      "e3": "https://economy3.org/",
      "hc": "https://holochain.org/",
      "mcp": "https://modelcontextprotocol.io/",
      "p2pShipyard": "https://github.com/darksoil-studio/p2p-shipyard#",
      "skos": "http://www.w3.org/2004/02/skos/core#"
    }
  ],
  "@type": [
    "DefinedTerm",
    "Legislation"
  ],
  "@id": "https://economy3.org/regulation/eu-crma-2024",
  "name": "Critical Raw Materials Act",
  "termCode": "eu-crma-2024",
  "description": "Requires large companies to audit strategic raw material supply chains. Sets EU benchmarks for domestic extraction (10%), processing (40%), and recycling (25%) of strategic minerals. In force May 2024.",
  "legislationIdentifier": "EU CRMA (2024/1252)",
  "legislationJurisdiction": "European Union",
  "legislationLegalForce": "https://schema.org/InForce",
  "sameAs": "https://eur-lex.europa.eu/eli/reg/2024/1252/oj",
  "additionalProperty": [
    {
      "@type": "PropertyValue",
      "propertyID": "https://economy3.org/regulation/status",
      "name": "status",
      "value": "in-effect"
    },
    {
      "@type": "PropertyValue",
      "propertyID": "https://economy3.org/regulation/reason",
      "name": "reason",
      "value": "Large EU manufacturers must conduct strategic raw material audits covering their supply chains. Mine3 provenance records for critical minerals satisfy the traceability requirements these audits demand."
    },
    {
      "@type": "PropertyValue",
      "propertyID": "https://economy3.org/regulation/appliesSectors",
      "name": "appliesSectors",
      "value": "mining"
    },
    {
      "@type": "PropertyValue",
      "propertyID": "https://economy3.org/regulation/appliesTriggers",
      "name": "appliesTriggers",
      "value": "eu-export"
    },
    {
      "@type": "PropertyValue",
      "propertyID": "https://economy3.org/regulation/appliesMaterials",
      "name": "appliesMaterials",
      "value": ""
    },
    {
      "@type": "PropertyValue",
      "propertyID": "https://economy3.org/regulation/jurisdictionRank",
      "name": "jurisdictionRank",
      "value": "2"
    }
  ]
}