EU adds 13 new critical mineral projects abroad
The full list of new projects spans 13 countries: Canada, Greenland, Kazakhstan, Norway, Serbia, Ukraine, Zambia, New Caledonia, Brazil, Madagascar, Malawi, South Africa, and the United Kingdom.
The initiative comes as the bloc seeks to reduce its reliance on China, which tightened export controls on rare earth magnets in April.
“We must reduce our dependencies on all countries, particularly on a number of countries like China,” European Commissioner for Industry, Thierry Breton, said during the announcement. “The export bans increase our will to diversify.”
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EU adds 13 new critical mineral projects abroadThe full list of...
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