The European Commission has adopted its RESourceEU Action Plan, a sweeping package of policy, regulatory and financing measures aimed at reducing the bloc’s reliance on external suppliers of critical raw materials while strengthening Europe’s competitiveness across key industrial sectors The plan builds on the recently enacted Critical Raw Materials Act (CRMA) and responds to escalating geopolitical tensions, supply risks and the growing need for stable access to materials essential for electric vehicles, aerospace, defence, industrial machinery, AI chips and data centres
A central feature of RESourceEU is the acceleration of strategic projects through streamlined permitting, regulatory reform and new derisking instruments The Commission indicated that these measures could halve Europe’s most significant supply dependencies by 2029
