Learn how Altrove helps companies de-risk their critical materials sourcing challenges.
Reliance on a small number of suppliers or regions for critical materials can lead to supply disruptions.
Sourcing materials from regions with political instability, trade tensions, or sanctions can create significant risk.
Fluctuations in the price of critical materials can impact production costs and profitability.
Tariffs and trade barriers can increase the cost of critical materials and disrupt supply chains.
Regulations like CRMA, CMS, and DPA require companies to carefully manage their critical materials sourcing.
Ensuring the safety and well-being of workers involved in the extraction and processing of critical materials is crucial.
Meeting industry standards and certifications is essential for the responsible sourcing of critical materials.
Addressing the environmental impact and promoting the circular economy in critical materials sourcing is a growing priority.
Unethical practices like child labor and unpaid workers in the extraction of critical materials can pose reputational risks.
The environmental impact of critical materials extraction and processing must be carefully managed.
Avoiding materials sourced from sanctioned regions is crucial to maintain compliance and avoid reputational damage.