“Lithium and rare earths will soon be more important than oil and gas. Our demand for rare earths alone will increase fivefold by 2030. […] We must avoid becoming dependent again, as we did with oil and gas. […] We will identify strategic projects all along the supply chain, from extraction to refining, from processing to recycling. And we will build up strategic reserves where supply is at risk. This is why today I am announcing a European Critical Raw Materials Act.”
“We know it. Our systemic rivals know it. So do our partners. And, most of all, our industry has come to realise it too. Our twin green and digital transition will live or die through the functioning of our supply chains.”
https://www.linkedin.com/pulse/critical-raw-materials-act-securing-new-gas-oil-heart-thierry-breton
This is an important milestone for NMT now that the European Critical Materials Act has been passed into law.
“Lithium and rare earths will soon be more important than oil...
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