EU secures access to a more diversified, affordable, and sustainable supply of critical raw materials

Exciting developments are underway as the Critical Raw Materials Act officially enters into force, marking a significant step towards enhancing EU resilience and autonomy. The inaugural Critical Raw Materials Board meeting convened with key stakeholders, setting the stage for impactful decision-making and strategic planning. With this momentum, the call for strategic projects applications has now been opened, inviting innovative proposals that align with the Act's mission. These projects are expected to drive transformative growth across critical sectors within the EU.

“Today, with the entry into force of the Critical Raw Materials Act, Europe starts a new industrial chapter. In a volatile geopolitical context, Europe is accelerating its efforts, domestically and in partnership with third countries, to achieve a secured, abundant and sustainable supply of raw materials vital for our climate, digital, defence and security needs. I have full confidence that the implementation of the Critical Raw Materials Act is on the right track, to quickly identify and support strategic projects, facilitate demand aggregation and increase the number of skilled workers in our new industrial projects in mining, refining and recycling of critical raw materials.” Thierry Breton, Commissioner for Internal Market