EU’s New List of Critical Mineral Projects Focuses on Clean Energy Metals
The projects are expected to require about $23.7 billion in capital investment, the Commission said, as the bloc seeks to cut dependence on China.
- On Friday, The European Commission selected 46 strategic raw material projects in BRUSSELS to accelerate permitting and funding access, aiming to reduce the bloc's reliance on Beijing.
- This initiative supports the 2024 Critical Raw Materials Act, which sets European targets to mine 10%, process 40%, and recycle 25% of annual needs by 2030 to bolster Western supply security.
- Projects span 16 countries and cover 15 of the 17 strategic materials; they require around $23.7 billion in capital investment, with the Commission having mobilized more than $2.24 billion in public funding.
- Notable projects include Germany's Zinnwald Lithium, the Skouries mine in Greece, Finland's Arctial smelter, and Sweden's Viscaria copper project, backed by industrial groups like Umicore, Aurubis, and Leonardo.
- Developers warned last year that projects struggle without urgent capital; while the Commission 'facilitates access' to funding, strategic status does not guarantee financial support.
35 Articles
35 Articles
El Periódico
The European Union continues its strategy to try to diversify its supply chain of strategic raw materials and, above all, strengthen the independence of the bloc, and has launched a new battery of strategic projects this Friday, including two in Spain.
The European Commission has selected 46 new strategic raw materials projects in 16 member states, with a total investment of around €21.1 billion. This brings the total number of European projects with EU strategic status to 93, but no Hungarian projects have been included in the list. Brussels is strengthening supply security after China announced new export restrictions on rare earths last year, with the aim of the EU producing 10% of its own …
European Commission picks 46 new strategic critical mineral projects
The European Commission has selected 46 new strategic projects for critical raw materials in 16 European Union countries. They will get a head start on permit procedures, as well as support in seeking public and private funding, as Brussels seeks to reduce the bloc's dependence on China. The projects cover 15 out of a total of 17 strategic raw materials on the EU list. Among them are copper, lithium, nickel, cobalt, manganese, graphite, rare ear…
The European Commission has selected 46 new strategic raw materials projects designed to contribute to the faster extraction, processing, and recycling of critical raw materials within the European Union. The projects will be given priority in obtaining permits and support in attracting financing. Brussels aims to reduce dependence on China for critical raw materials.
abc
On Friday, the European Commission presented a second batch of 46 strategic projects for the extraction, processing and recycling of critical raw materials in the European Union, including two Spaniards: or not for copper mining promoted by Cobre San Rafael and another for the processing of tungsten piloted by the mining company Abenjar Tungsten.‘Europe is stepping up its efforts as never before to regain its sovereignty over critical raw materi…
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