“A paradigm shift is needed if Europe wants to develop new local...

“A paradigm shift is needed if Europe wants to develop new local supply sources with high environmental and social protections,” the document states. “Today, we don’t see the community buy-in or the business conditions for the continent to build its own strong supply chains. The window is narrowing; projects really need to be taken forward in the next two years to be ready by 2030.”The study says there is theoretical potential for new domestic mines to cover between 5% and 55% of Europe’s 2030 needs, with the largest project pipelines for lithium and rare earths. However, most announced projects have an uncertain future despite Europe’s comparatively high environmental standards, struggling with local community opposition and permit challenges, or relying on untested processes. “Europe would also need to open new refineries to transform mined ores and secondary raw materials into metals or chemicals,” the dossier suggests. QUOTE
ASM in unique position to play a part in this shift IMO.