VUL 4.23% $3.17 vulcan energy resources limited

EU wants to diversify raw material...

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    EU wants to diversify raw material supply
    https://www.tagesschau.de/ausland/eu-rohstoffversorgung-100.html
    "The European Union is to become less dependent on third countries for the supply of critical raw materials such as lithium and silicon."

    "The European Parliament and member states agreed on a package of measures on Monday evening."

    "In particular, it is intended to promote the refining, processing and recycling of critical raw materials in Europe in order to reduce dependence on countries such as China."

    "Another example of a critical raw material is lithium, which is used in batteries for electric vehicles and for storing energy."


    2) EU aims to gradually become less dependent
    https://www.deutschlandfunk.de/eu-will-sich-schrittweise-weniger-abhaengig-machen-100.html
    "Representatives of the governments of the member states and the European Parliament agreed on a text for a corresponding regulation in the evening."

    "In particular, it is intended to promote the refining, processing and recycling of rare earths in Europe, for example."

    "According to this, individual third countries such as China should not supply more than 65% of the EU-wide demand for a particularly important raw material in future."

    "This is to apply to a list of 17 strategic raw materials by 2030 - including lithium, cobalt and silicon."


    3) Council and Parliament strike provisional de
    https://www.consilium.europa.eu/en/press/press-releases/2023/11/13/council-and-parliament-strike-provisional-deal-to-reinforce-the-supply-of-critical-raw-materials/
 
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