Europe

Europe

EU Critical Raw Materials Act

EU Critical Raw Materials Act

EU provisionally approved Act to secure domestic supply of raw materials 2030 targets for the Critical Raw Materials Act: In March 2023, the European Commission put forward a proposal for establishing a framework for ensuring a secure and sustainable supply of critical raw materials. A provisional agreement was reached in November 2023. The act aims to:

increase and diversify the EU’s critical raw materials supply

strengthen circularity, including recycling

support research and innovation on resource efficiency and the development of substitutes The Critical Raw Materials Act is part of the European Green Deal and EU Industrial Strategy.

Source: Proposal; Provisional Agreement; CRM Act Infographic;

Extracted from the PDF; charts and images may read imperfectly.