EU lawmakers vote to create raw materials agency to cut reliance on China
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The European Parliament voted to strengthen the Critical Raw Materials Act, including proposals for a dedicated EU agency and a €2 billion fund. The measures aim to reduce reliance on foreign suppliers of minerals needed for clean energy, defense, and digital technologies.
The European Parliament has voted to strengthen the bloc’s Critical Raw Materials Act (CRMA), backing the creation of a dedicated EU agency and a €2 billion fund designed to reduce Europe’s dependence on foreign suppliers of minerals essential to the clean energy, defense and digital transitions. The amendments, adopted by 470 votes to 83 with ...
Politics Markets Deals Commodities Energy European Union Critical Raw Materials Act minerals supply chains strategic autonomy clean energy