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The European Commission announced today the selection of 13 projects focusing on critical raw materials in countries outside the EU. This action is part of the implementation of the Critical Raw Materials Act, an EU law that entered into force in May 2024, which aims to diversify the sources of raw material extraction.
The projects aim to reduce dependence on single suppliers, such as China and the US.
They also aim to increase overall economic security amid geopolitical events, including trade tensions between the EU and China and tariffs on steel and aluminum imposed by US President Donald Trump.
The Commission wants to develop 60 such projects before 2030, with the aim of strengthening the bloc's industrial competitiveness, particularly in sectors such as electric mobility, renewable energy, defence and aerospace.
"Today's list of 13 Strategic Projects around the world will help reduce Europe's dependencies, contribute to our economic security, and create growth, jobs and export opportunities in the countries concerned," said EU Commissioner for Industrial Strategy Stéphane Séjourné during the announcement.
These initiatives focus on both the extraction and processing of key resources.
Graphite supply is being advanced through projects in Ukraine, Norway, Greenland, Madagascar and Kazakhstan, while nickel and cobalt production is being addressed in Canada, Brazil and Zambia.
The Jadar project in Serbia targets lithium and boron, and rare earth elements are being supplied by initiatives in Malawi and South Africa.
Other efforts include copper mining in Norway, tungsten mining in the United Kingdom and nickel processing in New Caledonia. /CNA
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