US EditionWhen the European Union wants to get back to basics
- The EU has listed 47 strategic projects to secure critical raw materials, according to a statement by the European Commission.
- These projects aim to meet 10%, 40%, and 25% of the EU's demand for raw materials by 2030, according to the Commission.
- An investment of €22.5 billion is expected for these projects, which cover various locations in Europe.
- The Critical Raw Materials Law aims to reduce reliance on imports and boost domestic production, as reported by the EU.
61 Articles
61 Articles
The European Union will authorise nearly 50 mining projects under accelerated procedure
The European Commission has launched a call for applications for mining and processing projects. 168 initial applications have been submitted, 47 have been accepted and they will benefit from speeding up the procedures for operating permits and loans or bank guarantees amounting to EUR 2 billion.
The European Commission has approved 47 projects in the field of rare earths. Three are from Romania
The European Commission has approved a list of 47 strategic projects in the field of critical raw materials, so-called rare earths, representing an investment valued at around 22 billion euros. Of these projects, three are from Romania and are aimed at extracting graphite, copper and magnesium. All these elements are necessary for cutting-edge technologies, including green ones such as electric batteries.
Rare and strategic metals: European Commission unveils 47 mining, processing and recycling projects in Europe
They must receive financial support and simplified authorisation procedures. Eight of these projects are located in France, two of which concern the extraction of lithium in Allier and Alsace.
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