The Critical Raw Materials Act, adopted on Thursday with a strong majority, aims to allow Europe to accelerate towards European sovereignty and competitiveness, with an ambitious change of course. The report as adopted today will cut red tape, promote innovation along the entire value chain, support SMEs and boost research and development of alternative materials and more environmentally-friendly mining as well as production methods.

Strategic Partnerships

The report highlights the importance of securing strategic partnerships between the EU and third countries on critical raw materials, in order to diversify the EU’s supply – on an equal footing, with benefits for all sides. It paves the way for long-term partnerships with knowledge- and technology-transfer, training and upskilling for new jobs with better working and income conditions, as well as extraction and processing on the best ecological standards in our partner countries.

MEPs also push for a stronger focus on research…