rawmaterial
Copper, lithium, cobalt and Rare Earth Elements (REEs) are among the 34 metals and minerals classified as critical by the European Union. The EU's aim for carbon neutrality by 2050, along with modern weaponry and the increasing digitalisation of daily life, hinges on technologies that require more metals than ever before, making these materials prized commodities. But while the EU already consumes approximately a quarter of the world’s raw materials, it produces only about 3% of them. Critical Raw MaterialsIn December 2023, the European Parliament adopted the Critical Raw Materials Act, which ...
Euronews (English)
On 5 April, European Commission executive vice-president Valdis Dombrovskis and Uzbekistan's Minister of investment, industry and trade Laziz Kudratov launched a strategic partnership on critical raw materials. This was only the latest such deal, part of a concerted diplomatic and political effort by the von der Leyen commission to secure access to a range of elements from copper, lithium and cobalt to rare earth metals like neodymium. All of these, and more, are essential for the clean energy transition. For three years now, the European Commission has been quietly signing memoranda of unders...
Euronews (English)
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