Battery raw material companies are claiming that green surcharges are already being charged when selling to automotive OEMs at Benchmark Mineral Intelligence’s critical raw material conference in Los Angeles. Exactly how enforceable these surcharges are right now under the context of oversupply and a low-price environment is yet to be properly tested as specialty chemicals like lithium carbonate/hydroxide and graphite are treated increasingly as international commodities with the development of global supply chains. While Europe has set the foundation for battery raw material suppliers to charge for material with lower levels of embodied carbon with the battery passport system it’s expected to use to inform its carbon border adjustment mechanism (CBAM) policy, US companies also have every incentive to follow…