Article: Green Regionalism: US Strategies to Ensure Secure and Reliable Supplies of Critical Minerals

Critical Minerals are essential constituents for numerous modern technologies from computers, and modern cars to household appliances. Most critical minerals are also key inputs in technologies that are crucial for clean energy transitions such as batteries, electric vehicles (EV), wind turbines, solar panels etc. Global trends indicate that the race for ensuring a secure and reliable supply of critical minerals is being furthered through industrial policy, domestic regulations as well as international economic law instruments. More recently these three aspects have been characterized by increasing securitization as seen through attempts to friendshore and reshore supply chains and capacities. This paper peruses the recent Critical Material Transparency and Reporting of Advanced Clean Energy (Critical Material TRACE) Bill which focuses on implementing a digital identifier system for advanced energy systems including batteries and battery components. The paper looks at the bill in connection with other initiatives aimed at creating United State (US) led critical mineral value chains. These include industrial policy measures including the Inflation Reduction Act (IRA) as well as international initiatives such as the Mineral Security Partnership (MSP) and the Indo-Pacific Economic Framework (IPEF) inter alia. In our examination, the focus is on analysing the progress made under the US-led MSP and the potential coverage and implication of the Critical Material TRACE Bill. We also examine if such steps by the US further promote green regionalism or are necessary to break the dominance of a few countries (mainly China) in leading the critical minerals supply chain.