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European Union announces list of strategic projects
Business World Philippines
|March 27, 2025
The European Commission published a list of 47 strategic projects on Tuesday to boost the European Union’s (EU) production of 14 of the 17 materials it deems critical for its energy transition and security.
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The list is part of the implementation of the Critical Raw Material Act agreed in 2023 in which the bloc aims to mine 10% , process 40% and recycle 25% of its needs by 2030.
“For a long time, raw materials were the blind spot in our industrial policy... Europe has often preferred to buy most of the raw materials it needs almost exclusively outside its borders,” EU Industry Commissioner Sle-phane Bejoum told reporters.
“Until the COVID crisis and the war in Ukraine reminded us of the dangers of our addictions.”
The materials include base metals aluminum, copper and nickel, along with key battery materials lithium and rare earth elements used in permanent magnets for wind turbines or in electric vehicles.
Bu hikaye Business World Philippines dergisinin March 27, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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