EconomyEU struggles to meet raw material mining and processing targets

Only about a quarter of EU mineral extraction and processing projects are on schedule two years after the Critical Raw Materials Act took effect, Politico Europe reports. The EU launched 47 strategic projects covering 14 of 17 critical materials in March 2025, but industry figures cite financial, regulatory and political obstacles. By 2030, the bloc aims to extract at least 10% of its critical materials, process 40% domestically, recycle 25% and limit reliance on any single non-EU country to 65%.

European Unioncritical raw materialsminingsupply chains

TTASS★★★☆☆2026-10-09 12:34Original