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EU Announces 13 Strategic Projects to Boost Raw Material Supplies

  • The European Commission adopted a list of 13 Strategic Projects outside the EU on 25 March 2025 to diversify critical raw material supplies.
  • This decision follows the 2024 Critical Raw Materials Act, passed to reduce EU dependency on single third countries amid geopolitical tensions and supply risks.
  • These initiatives, based in countries such as Canada, South Africa, Malawi, and the UK, focus on securing critical minerals like lithium, cobalt, and rare earths that are essential for advancing green energy technologies and defense capabilities.
  • The 13 projects are expected to require around 5.5 billion euros in funding and will be backed through a collaborative effort involving the Commission, Member States, and financial institutions to promote their successful implementation.
  • The initiative aims to enhance EU economic security and supply resilience by boosting local value creation abroad and complementing 47 on-continent Strategic Projects adopted simultaneously.
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The European Union announced on Wednesday 13 new projects for raw materials outside the Community block, namely to increase the supply of essential metals and minerals for maintaining competitiveness in energy transition, as well as in defence and aerospace areas, according to Reuters.

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Devdiscourse broke the news in India on Wednesday, June 4, 2025.
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