Critical Raw Materials Act (Proposed Regulation COM(2023) 192)
CRMA: Exploration, Monitoring and Risk Preparedness

Critical Raw Materials Act (Proposed Regulation COM(2023) 192) CRMA-Art.24: Company risk preparedness

Requires large companies that manufacture strategic technologies using strategic raw materials to perform, at least every three years, a risk assessment of their supply chain, including mapping of where the strategic raw materials are extracted, processed and recycled, an assessment of vulnerabilities, and stress testing; the assessment and mitigation must be reported to the board of directors.

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