EU Takes On China’s Critical Minerals Grip With €21 Billion Push; Nearly 50 Projects Selected
Europe is accelerating efforts to reduce its dependence on China for critical minerals and rare earths. The EU has selected nearly 50 strategic projects that could require around €21 billion in investment.
From lithium and cobalt to graphite, tungsten and rare earths, these materials are crucial for defence, aerospace, electric vehicles and renewable energy. But can Europe realistically secure enough supply to loosen China’s grip?
#EuropeanUnion #China #CriticalMinerals #RareEarths #Lithium #EUChina #Europe #SupplyChains #CriticalRawMaterials
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