Since the launch of the Raw Materials Initiative back in 2009, the European Commission has stepped up efforts to ensure a secure and sustainable supply. The EU still imports 80 per cent of its demand for critical raw materials (CRMs) however. A considerable share originates in China, raising concern about an impending strategic dependence as industrial competition gains momentum.
The European Commission’s communication “Investing in a smart, innovative and sustainable industry: A renewed EU Industrial Policy Strategy”, points to two major industry trends: digitalisation and decarbonisation.
Read the whole paper here.