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EU Initiates Overseas Strategic Rare Metal Projects to Diversify Strategic Raw Material Supplies
1 day ago /
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Author：小编
The European Union (EU) has embarked on an ambitious endeavor by selecting 13 overseas strategic projects, aimed at diversifying its sources of strategic raw materials, mitigating dependence on Asian suppliers, and safeguarding industrial security. These projects will be financially backed by the EU, with the objective of fulfilling at least 10% of the EU's mining needs, 40% of processing requirements, and 25% of recycling demands by 2030. Furthermore, the initiative ensures that dependency on any single third country does not exceed 65%, fostering a more balanced and resilient supply chain.
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