The primary goal of the Inflation Reduction Act is to drive investment in American manufacturing. To that end, the law and the rules created to implement it require a certain percentage of the materials and components used to make batteries for electric cars be obtained from American sources. That has made battery recycling an important new industry in the US.
But there is a quirk in the IRA law. A battery might have been made in China using Chinese materials and components, but if it isin the US, those items are now considered to be sourced domestically. That means lithium mined and processed in China will be treated as domestically sourced if it is recycled in America.
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