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EU wants to be independent: main material for technology “at home”

  • March 17, 2023
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la Critical Raw Materials Law (CRM) is essential for the EU’s economic growth and the development of strategic sectors such as renewable energy, digital, space and defense. However,

EU wants to be independent: main material for technology “at home”

la Critical Raw Materials Law (CRM) is essential for the EU’s economic growth and the development of strategic sectors such as renewable energy, digital, space and defense. However, the EU’s dependence on imports of critical core materials from a third country (China) has raised concerns about the region’s resilience and competitiveness.

The Critical Raw Materials Act is proof that Europe wants to break away from China and become independent. Occurs in Ecco, breve in Cosa

CRM precluded the quest for reliable access to secure key essential materials and security essential to achieving climate objects and digital dell’UE by 2030. Critical Raw Materials Law Suggest una serie di misure, tra cui la definition of prioritydefining reference parameters for national capacity, establishing safe and flexible supply chains, improving sustainability and circularity, diversifying raw material imports and A European Committee Exception for primary critical material. In addition, you can manage another management unit, review authorization procedures and coordinate strategic companions.

The EU will cooperate with third countries in traverso partenariati reciprocamente vantageosi to develop and diversify investments, production and trade with reliable partners and to support their economic development in a sustainable way. Ciò significa che la “dipendenza” will be in all of Europe. The law is in line with the Green Deal industrial plan and a Commission proposal on the Net Zero industry that aims to increase the production of key technologies and zero carbon emissions for the clean energy supply chain.

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The proposal outlines the strategic key material essential for green, digital, defense and spatial applications and at least for diversification of EU supplies. 10% of the EU’s annual extraction consumption and at least 40% for processing. In addition, take the necessary safety precautions. 15% of annual European consumption for recycling. EU countries will have to develop national programs for the exploration of geological resources.

All together, la Critical Raw Materials Law è a complete risk for increased demand for critical material and the completion of all vulnerabilities from approved vulnerabilities. Safe and secure living guarantee, l’UE increases its competitiveness and achieve its climatic and digital goals.

Source: T Today

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