North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Photos from: Critical minerals war in the White House

Two sizes of lithium-ion batteries used in Tesla electric vehicles.Kyle Parker, partner at the law firm Holland & Hart.Aerial view of Bornite exploration camp in Alaska’s Ambler Mining District.Map showing route of the proposed road to Alaska’s Ambler Mining District.

Adobe Stock

A $7,500 electric vehicle tax credit provided by the Inflation Reduction Act will only be available for EVs with batteries containing at least 40% materials produced in the U.S. or a free trade agreement country in 2023. This domestic battery materials requirement climbs by 10% per year until 2027, at which point it will remain steady at 80%.

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