EU Raw Materials Plan Faces Long Odds Against Global Power Moves

The changes in international balances in recent years have highlighted the fragility of the European Union in various strategic sectors, including the production of semiconductors, also known as microchips. The production and supply chain of these products is very fragile and vulnerable to international shocks, such as trade wars or pandemics, because it is based on the cooperation of different states, specialized in different phases of producti…

EU Raw Materials Plan Faces Long Odds Against Global Power Moves

The EU Commission is currently focusing on 47 critical raw materials projects, with a target value of $22.5 billion. However, the pressing question remains: Is this initiative timely and comprehensive enough to address the current challenges? Amid growing geopolitical instability and a transitioning energy landscape, the European Union is under significant pressure. While global powers like China and the USA are aggressively pursuing critical mi…