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Europe’s raw materials sector has huge economic potential that needs to be realised. The Critical Raw Materials Act will strengthen Europe’s technological advantage and allow Europe to compete globally in the raw materials sector.
Critical raw materials are essential for a number of strategic industries including the renewable energy, digital, and defence sectors. The actions outlined in the Critical Raw Materials Act ensure that the EU can access a secure and diversified yet affordable supply of sustainable critical raw materials.
At EIT RawMaterials’ 2023 Raw Materials Summit, Kerstin Jorna, Director-General for Internal Market, Industry, Entrepreneurship, and SMEs, Hildegard Bentele, Group of the European People’s Party, MEP, and Bernd Schäfer, CEO and Managing Director of EIT RawMaterials, discussed how the Act will increase Europe’s resilience, security, and ultimate
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