Amendments to the Critical Raw Materials Act

It affects large manufacturers using strategic raw materials, and businesses placing products with permanent magnets on the EU market. It also affects critical raw materials recyclers and supply-chain operators.

• Commission, not Member States, identifies large companies subject to supply-chain risk duties.
• Large companies must assess raw-material supply risks, mitigate vulnerabilities, and inform their boards.
• Permanent-magnet labelling expands to more product categories, including drones, toys, and household appliances.
• Recycled-content rules cover pre-consumer and post-consumer waste in permanent magnets.

Takes effect

It enters into force on the twentieth day following publication in the Official Journal of the European Union.

Transitional law

Large companies must be identified within two months after entry into force and assess risks within six months of notification.

• Regulation (EU) 2024/1252 (32024R1252)
  • art. 7(3): replaces the second subparagraph on cut-off dates for Strategic Project applications
  • art. 24(1): replaces paragraph 1; Commission identifies large companies using strategic raw materials
  • art. 24(1a): inserts paragraph requiring Commission to inform identified large companies of obligations
  • art. 24(2): replaces paragraph 2 on large companies’ supply-chain risk assessment
  • art. 24(4): replaces paragraph 4 on mitigation efforts for significant vulnerabilities
  • art. 24(5): replaces paragraph 5 on reporting risk assessment results to boards
  • art. 24(5a): inserts paragraph allowing Commission requests on compliance with Article 24 obligations
  • art. 24(5b): inserts delegated power to specify risk mitigation measures for large companies
  • art. 24(6): deletes paragraph 6
  • art. 28(1): replaces introductory wording expanding labelled permanent-magnet product categories
  • art. 29(1): replaces paragraph 1 to include pre-consumer and post-consumer waste shares
  • art. 29(2): replaces first subparagraph on calculation and verification rules for recovered content shares
  • art. 29(3): replaces first subparagraph on minimum shares from pre-consumer and post-consumer waste
  • art. 38(2): replaces first sentence adding Article 24(5b) to delegated powers list
  • art. 38(3): replaces first sentence adding Article 24(5b) to revocable delegations list
  • art. 38(6): replaces paragraph 6 adding Article 24(5b) to delegated-act objection procedure