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This bill amends the Export Control Reform Act of 2018 to establish export controls on certain materials derived from battery and magnet recycling. Specifically, it requires the Secretary of Commerce to mandate licenses for exports of 'black mass' (processed material from spent lithium-ion batteries) and 'swarf' (processed material from permanent magnets) to foreign adversaries and their entities, with a mandatory denial of licenses for black mass exports to these countries. The bill aims to support domestic battery recycling and critical mineral supply chains while limiting China's access to these materials.
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