European Council has given its green light for Critical Raw Materials Act adoption

20/03/2024

The Council has approved the regulation paving the way for the Critical Raw Materials Act (CRMA), aimed at ensuring a secure and sustainable supply of critical raw materials. This marks the final stage in the decision-making process. 

It sets a clear direction of travel for 2030: Europe wants to mine, process and recycle more of its energy transition metals here on home soil - while securing a diversified global supply.

Under the CRMA, strict deadlines for permit procedures for EU extraction projects are introduced. It grants authority to the Commission and member states to designate projects as strategic, mandates supply-chain risk assessments, requires member states to have national exploration plans and ensures the EU’s access to critical and strategic raw materials through ambitious benchmarks on extraction, processing, recycling and diversification of import sources.

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