Posting IXR Fluff as always , In April 2024, the EU passed the...

Posting IXR Fluff as always ,

In April 2024, the EU passed the Critical Raw Materials Act (“CRMA”) into law in a landmark accomplishment that will strengthen the union’s critical raw materials supply chains for decades to come, albeit not without some foreseeable challenges.

For strategic raw materials – a subset of critical raw materials deemed “crucial” to strategic technologies – the CRMA mandates that 10% of the EU’s annual consumption must be mined domestically, 40% must be processed domestically, and 25% of all processing waste and end-of-life scrap must be recycled domestically by 2030. Furthermore, the EU may not source over 65% of any strategic raw material from a single nation.

Despite the CRMA’s applicability to strategic raw materials broadly, a detailed review of the act reveals a disproportionately high focus on raw materials used to produce rare earth permanent magnets, such as neodymium, praseodymium, dysprosium and terbium, as well as battery-grade lithium used to produce batteries.

Full comprehensive coverage to build supply chains as above with not one mention of IXR , yet the company highlights the above with weekly fluff, either the EU have dismissed any supply chain partnership with IXR , or IXR are just pumping out fluff.

www.adamasintel.com/wp-content/uploads/2024/04/Adamas-Intelligence-and-Tradium-EU-CRMA_Opportunities-Challenges-Viability-and-Next-Steps-April-2023.pdf