SECTORAL POLICIES / Competitiveness

Critical raw materials, Commission outlines strategy to reduce EU’s heavy dependence

Brussels, 16/03/2023 (Agence Europe)

By 2030, the EU should no longer be dependent on a single third country for more than 65% of a given strategic critical raw material, according to the Commission. This is one of the objectives it wants to set in the future regulation on critical raw materials, unveiled on 16 March. EUROPE previously outlined the shape of this future regulation (see EUROPE B13137A1).

The EU is well aware that it will continue to be largely dependent on third countries for its supplies. However, it is...