Production standards

There is established within the Reserve a division, to be known as the Division of Production Standards, which shall— (1) be led by a Director selected by the Board; (2) develop methodologies for evaluating relative risk in global environmental and labor standards and practices for the production, extraction, processing, reuse, repurposing, and recycling of critical minerals and materials, including transparency, traceability, and forced labor risk, which may include incorporating existing research; (3) conduct periodic risk-based assessments of environmental and labor standards and practices for the production, extraction, processing, reuse, repurposing, and recycling of critical minerals and materials in foreign countries producing critical minerals and materials, and, to the extent practicable, significant production projects; and (4) publish an annual report summarizing the methodologies used and describing the results of the most recent assessments conducted under paragraph (3) for each foreign country and significant production project, and, to the extent practicable, mitigation measures used in transactions and loans made by the Reserve, without identifying proprietary or sensitive commercial information.