{"id":132080,"date":"2023-03-21T03:00:37","date_gmt":"2023-03-21T02:00:37","guid":{"rendered":"https:\/\/www.cde.ual.es\/?p=132080"},"modified":"2023-03-21T09:56:16","modified_gmt":"2023-03-21T08:56:16","slug":"european-commission-proposes-package-of-measures-to-secure-eu-access-to-key-raw-materials","status":"publish","type":"post","link":"https:\/\/www.cde.ual.es\/en\/european-commission-proposes-package-of-measures-to-secure-eu-access-to-key-raw-materials\/","title":{"rendered":"European Commission proposes package of measures to secure EU access to key raw materials"},"content":{"rendered":"

On March 16, the Commission proposed a comprehensive set of measures to ensure that the EU has a secure, diverse, affordable and sustainable supply of key raw materials. Critical raw materials are a component of several strategic industries, such as zero-emission industries, digital industries, aerospace and defense industries.<\/p>\n

\"materias<\/a><\/p>\n

While demand for key raw materials is expected to increase, Europe relies heavily on imports, often from third country suppliers under quasi-monopoly regimes. The EU needs to reduce the supply chain risks associated with these strategic dependencies to increase its economic resilience, as evidenced by the post-COVID-19 deficits and the energy crisis following the Russian invasion of Ukraine. This vulnerability could jeopardize the EU’s efforts to meet its climate and digital objectives.<\/p>\n

The adopted Critical Raw Materials Regulation and Communication build on the strengths and opportunities of the EU internal market and external partnerships to diversify and increase the resilience of the EU’s critical raw materials supply chains. The Raw Materials Framework also enhances the EU’s ability to monitor and mitigate shock risks, as well as improve circularity and sustainability.<\/p>\n

President of the European Commission, Ursula\u00a0von der<\/strong>\u00a0Leyen<\/strong>\u00a0said:\u00a0\u201cThis Act will bring us closer to our climate ambitions. It will significantly improve the refining, processing and recycling of critical raw materials here in Europe. Raw materials are vital for manufacturing key technologies for our twin transition \u2013 like wind power generation, hydrogen storage or batteries. And we’re strengthening our cooperation with reliable trading partners globally to reduce the EU’s current dependencies on just one or a few countries. It’s in our mutual interest to ramp up production in a sustainable manner and at the same time ensure the highest level of diversification of supply chains for our European businesses.\u201d<\/em><\/p>\n

Together with the\u00a0reform of the electricity market design<\/a>\u00a0and the\u00a0Net Zero Industry Act<\/a>, today’s measures on critical raw materials create a conducive regulatory environment for the net-zero industries and the competitiveness of European industry, as announced in the\u00a0Green Deal Industrial Plan<\/a>.<\/p>\n\n\n\n
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European Commission sets out how to ensure the long-term competitiveness of the EU<\/a><\/h4>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Internal Actions<\/strong><\/p>\n

The Critical Raw Materials Act will equip the EU with the tools to ensure the EU’s access to a secure and sustainable supply of critical raw materials, mainly through:<\/p>\n

Setting clear priorities for action:\u00a0<\/strong>In addition to an updated list of critical raw materials, the Act identifies a list of\u00a0strategic raw materials<\/strong>, which are crucial to technologies important to Europe’s green and digital ambitions and for defence and space applications, while being subject to potential supply risks in the future. The Regulation embeds both the critical and strategic raw materials lists in EU law. The Regulation sets clear benchmarks for domestic capacities along the strategic raw material supply chain and to diversify EU supply by 2030:<\/p>\n