The Critical Raw Materials Act: What’s changing? 1. The European Union has set a goal of producing 10% of raw materials for its needs from mines within the EU Fastmarkets estimates that the EU will need a minimum of 800 GWh of lithium-ion power in 2030 for electric vehicles, ESS, ...
The Critical Raw Materials Act was announced by President von der Leyen in her 2022 State of the Union speech, where she called to address the EU’s dependency on critical raw materials by diversifying and securing a domestic and sustainable supply of critical raw materi...
EU’s due diligence law could boost competitiveness of mining sector 24/02/2023 5 min. read Energy, Environment & Transport How the EU plans to win the global race for Critical Raw Materials 16/11/2022 5 min. read Energy, Environment & Transport Local resistance, a major stumbl...
The European Parliament approved plans to secure the EU its own supply of critical raw materials Thursday (14 September), as Brussels seeks to reduce its dependence on China for key minerals needed for green and digital technologies.
In response, the EU’s Net-Zero Industry Act and European Critical Raw Materials Act, both part of a Green Deal Industrial Plan and dubbed the ‘EU IRA’, are designed to prevent the bloc falling further behind. The proposed legislation sets a headline benchmark of ensuring that at least ...
WEEE is said to be one of the fastest‑growing waste streams in the EU (as well as globally), which, if not properly treated becomes hazardous. It furthermore contains precious and critical raw materials, the recovery of which is crucial for a more circular economy. Growing consumption and...
13. Eurofer is responding to the expected adoption of the Critical Raw Materials Act (CRMA) and EU Waste Shipment regulation (EUWSR) which are expected to become law, if approved at final stage, early in 2024, the European Commission confirmed to S&P Global Commodity Insights. The European ...
China is dominant in the global supply chains that provide “critical raw materials”. Given this, European assessments o supply chain vulnerabilities are at least partly shaped by interpretations o China’s long-term priorities and plans. European govern- ments and businesses who wish to “de-...
“Technologies for extraction, processing and recycling of critical raw materials” This wide-ranging list of economic fields combined with the very broad predicate “is economically active in” would severely extend the scope of the notification and approval requirement u...
That law struggles to ensure open trade in raw materials. There are few World Trade Organization constraints on export taxes or price controls. Despairing of its attempts to add such laws to the general WTO rule book, the EU has tried to write them into whatever deals it can. As a conditi...