Post Views: 195 EU Economic Security Measures critical raw materials EU Economic Security Measures Begin Reshaping Raw Materials Policy The European Commission introduced new EU Economic Security Measures to boost industrial resilience and cut geopolitical risks. The plan expands the 2023 Economic Security Strategy and sets clear actions to secure critical raw materials for automotive, defense, AI chips, and data centers. However, recycling groups warn that several measures could distort global markets. The Commission highlighted the ResourceEU Action Plan as the core of this new approach. The plan speeds up supply-chain diversification, builds a coordinated EU stockpiling system, and directs €3 billion into strategic raw-materials projects within 12 months. Europe also plans to deepen partnerships with resource-rich countries to reduce dependencies and lower vulnerabilities by up to 50 percent by 2029. Tension is rising as the Bureau of International Recycling (BIR) warns t...
Leave a Reply
You must be logged in to post a comment.