More mining, more recycling: The white paper provides insights into Europe's raw materials strategy in general and analyses measures and targets using the example of lithium and rare earths.
TRADIUM GmbH, one of the most renowned suppliers of raw materials in Europe, has developed a Whitepaper on the Critical Raw Materials Act (CRMA) published. In collaboration with the management consultancy Adamas Intelligence and Rawmaterials.net/Rawmaterials.net the paper examines the key points of the law and analyses its impact on security of supply.
The European Union's Raw Materials Act will come into force on 23 May. It marks a milestone in the efforts to diversify and secure the supply chains for strategic raw materials. It is based on a list of 34 so-called critical raw materials, 16 of which are categorised as strategically important for industry and with a supply risk. Binding targets for domestic mining, processing and recycling are intended to reduce dependence on imports and strengthen security of supply.
The white paper highlights, among other things:
- the current supply situation and demand trends for lithium and rare earths,
- the importance of diversifying supply chains for strategic raw materials,
- challenges in recycling and the circular economy for these raw materials,
- the realisability of the targets for mining and processing to be achieved by 2030.
The website https://selteneerden.de provides detailed information about the raw material group. It gives a comprehensive overview of the various types of rare earths and their applications, provides the latest news and reports on developments in the industry.
