EU’s new list of critical mineral projects focuses on clean energy metals
15 Articles
15 Articles
The EU is fighting to increase independence from China's critical raw materials. 46 new projects are now being launched.
The European Commission has selected dozens of new projects designed to help the European Union become more independent of critical raw materials from, for example, China. The projects revolve around the extraction, processing, and recycling of critical raw materials such as lithium, nickel, cobalt, and magnesium. These are important for the production of batteries, for instance, but also for European defense and space exploration.
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: one for copper mining promoted by Cobre San Rafael and the other for the processing of tungsten piloted by the mining company Abenjar Tungsten.
The European Union has selected 46 strategic projects in 16 countries to reduce its dependence on China for raw materials. These projects, requiring approximately €21.1 billion in investment, cover lithium, copper, and rare earth elements. The goal is to reduce supply risks across sectors ranging from automotive to defense.
The European Commission launches its new list of strategic projects to which it will give administrative advantages and help with funding. Of the 46 new ones, there are two Spanish initiatives that add to the 7 announced last year. Read
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