EU Commission selects 46 new Strategic Projects to bolster the EU's supply of critical raw materials

To strengthen EU supply chains and diversify sources of critical raw materials, the European Commission today announced that it has selected 46 new Strategic Projects across 16 Member States. The projects will contribute to the benchmarks set in the Critical Raw Materials Act (CRMA) that by 2030 EU capacity meets at least 10% of the EU's annual consumption for extraction, 40% for processing, and 25% for recycling of strategic raw materials to enhance competitiveness, develop greater resilience and be less dependent on any single supplier.