EU Raw Materials Plan Faces Long Odds Against Global Power Moves

OilPrice · Cyril Widdershoven · last updated March 27, 2025 – 9:18 AM

The EU Commission is currently focusing on 47 critical raw materials projects, with a target value of $22.5 billion. However, the pressing question remains: Is this initiative timely and comprehensive enough to address the current challenges? Amid growing geopolitical instability and a transitioning energy landscape, the European Union is under significant pressure. While global powers like China and the USA are aggressively pursuing critical minerals, the EU Commission in Brussels is taking a different approach. On March 25, the Commission made…

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