The EU Critical Raw Materials Act (CRMA), is due to be publicly released on March 14 according to Reuters.
WSJ Article, 9 March, 2023
"The European Union is hammering out a Critical Raw Materials Act in an effort to break the bloc’s reliance on Russia and China for energy transition minerals as well as develop a countermeasure to President Biden’s Inflation Reduction Act, which is feared will entice European companies to shift manufacturing to the U.S."
"Other countries such as Japan have put in place similar plans to secure raw materials." Link to full article
Interesting headline in the article below considering JK was in Japan during the most recent webinar on the 28th of February.
Bloomberg Article, 17 Feb, 2023
Germany Wants to Team Up With Japan in Securing Raw Materials
"Scholz will travel to Japan in mid-March with senior ministers as part of the inaugural German-Japanese government consultations, according to people familiar with his plans."
"German carmakers and their suppliers are trying to secure direct access to raw materials such as lithium and cobalt needed in the production of battery cells for electric vehicles." Link to full article
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