The latest remarks from Schaefer came the week after EIT RawMaterials said it was providing €100m in new funding for what it called “high-impact projects” in the European raw materials sector. The funding is in addition to investments of more than €200m already underway over the 2023/25 period.EIT RawMaterials said the funds would be allocated through ‘call’ mechanisms, inviting participation from diverse stakeholders, including research organisations, universities, start-ups, major industrial players and consortia, and a ‘fast-track’ call approach would be introduced to accelerate funding access for outstanding projects. This investment builds upon the €600m funding already deployed by EIT RawMaterials since 2016.
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