The European Union (EU) has published its first list of strategic projects strengthening the local extraction, processing, and recycling of 14 of the 17 materials it deems critical for its energy transition and security.
The selection of the 47 projects mark a key step in implementing the Critical Raw Materials Act (CRMA), which sets targets for 2030, including extracting 10% of the EU’s annual consumption, processing 40%, and recycling 25% of these essential materials.
“Europe currently depends on third countries for many of the raw materials it needs the most. We must increase our own production, diversify our external supply, and make stockpiles,” EU executive vice-president for prosperity and industrial strategy, Stéphane Séjourné, said in a statement. The selected projects span 13 EU member states — Belgium, France, Italy, Germany, Spain, Estonia, Czechia, Greece, Sweden, Finland, Portugal, Poland, and Romania.
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