hmm The Record · ex-11 / 38

01 · The five Necessities Supply

05 / 05 · Supply

Critical Materials and Supply Integrity

Provenance, chain of custody, processing history, ESG evidence. Cannot sell without traceability.

The need01 / 04

Strategic buyers now require proof of origin, processing, ESG status, and eligibility before they buy. An EV manufacturer loses its tax credit because it cannot prove where the cobalt came from. An OEM is shut out of a procurement framework because its supplier chain fails the country-of-origin attestation.

Tier 1: critical minerals traceability, digital customs automation. Tier 2: construction payment compliance, modern slavery due diligence.

The filter02 / 04

8 regulations mapped. 2 T1, 6 T2.

EX-11 Crystallisation window

In-flight regulations by expected effective year. None yet in force.

None in force Peak · 2027
0 2024 0 2025 0 2026 2 2027 2 2028 0 2029 0 2030
MarketRegulationTierStatus
AUCritical Minerals Production Tax Incentive T2Expected 2027
AUModern Slavery Act Review. Enhanced Due Diligence T2Expected 2027
JPMETI Critical Minerals Traceability Mandate T1Expected 2028
JPDigital Customs Automation Phase 2 T2Expected 2028
Sourcehmm Ventures regulatory dataset. Basis4 dated obligations, 2024 to 2030.
The cohort03 / 04

505 companies mapped to the Critical Materials and Supply Integrity Necessities.

EX-12 Necessities-aligned cohort

505 companies in the four-market dataset.

Sourcehmm Ventures four-market classified dataset.
The four markets04 / 04
  1. Australia In-flight regulation

    Critical Minerals Production Tax Incentive

    Tier 2. Expected 2027.

  2. Japan In-flight regulation

    METI Critical Minerals Traceability Mandate

    Tier 1. Expected 2028.

  3. New Zealand Monitoring

    Watchlist market

    Monitored for customs automation, trade documentation, modern-slavery, and supply-chain assurance obligations.

  4. Singapore Monitoring

    Watchlist market

    Monitored for customs automation, trade documentation, modern-slavery, and supply-chain assurance obligations.

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