OECD Steps Up Mineral Pricing Guidance Amid Clean Energy Push

The OECD is ramping up efforts to help developing countries address challenges of intercompany pricing of critical minerals—such as lithium and copper—that are increasingly essential in developing clean technologies.

The aim of the organization—joined in its effort by the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF)—is to help cash-strapped tax authorities boost compliance with transfer pricing laws.

The guidance is becoming more important as new regions of the world open up to mining firms extracting minerals needed for technologies that reduce greenhouse gas emissions. Major economies including the US have enacted tax breaks to help spur investment ...