European Union
EU · actor dossier
Supply-chain position
Import-dependent and pursuing de-risking rather than decoupling. The Critical Raw Materials Act sets 2030 benchmarks — 10% domestic extraction, 40% processing, 25% recycling of annual consumption, and no more than 65% of any strategic raw material from a single third country — backed by Strategic Project designations and faster permitting.
Framing posture
Frames policy as supply-chain resilience, de-risking, and open strategic autonomy.
Framing anchors (4)
How this actor justifies its policy, in its own words.
The Critical Raw Materials Act (CRM Act) will ensure EU access to a secure and sustainable supply of critical raw materials.
The European Commission's own statement of the Act's objective, on its official Critical Raw Materials Act page.
to boost domestic strategic raw material capacities, which will in turn strengthen the European raw materials value chain and diversify sources of supply
Opening sentence of the Commission's press release on the first list of Strategic Projects.
The Strategic Projects will diversify the EU's sources of supply and increase economic security.
From the Commission's press release on the first list of Strategic Projects outside the EU.
The recent weaponisation of CRMs by dominant market players highlighted the need to accelerate existing efforts to enhance security of supply.
Background paragraph of the Commission's press release. The Commission does not name the market players.
Events (6)
Commission Decision recognising 46 critical raw material projects in the EU as Strategic Projects under the Critical Raw Materials Act
UnclearRESourceEU Action Plan: Accelerating our critical raw materials strategy to adapt to a new reality
ActiveCommission Decision recognising 13 critical raw material projects in third countries and overseas countries or territories as Strategic Projects under the Critical Raw Materials Act
In forceCommission Decision recognising 47 critical raw material projects in the EU as Strategic Projects under the Critical Raw Materials Act
In forceFinland: EU and Sibanye-Stillwater, through its Keliber lithium project, join forces in €150 million deal to improve EU access to and resilience in battery materials
ActiveRegulation (EU) 2024/1252 establishing a framework for ensuring a secure and sustainable supply of critical raw materials (Critical Raw Materials Act)
In forceCapital and control
Financial instruments this actor provides and control clauses it issues.
Financial instruments (4)
Open in Capital →Keliber Technology Oy
EUR150 millionKELIBER LITHIUM
UP CATALYST OU
EUR18 millionUP CATALYST GREEN GRAPHITE (IEU GT2): Gen 4 reactors and R&D
NPM Narva OÜ
aboutEUR14.8 millionRare earths magnet project in Estonia
European Union (EU funds)
EUR3 billionRESourceEU Action Plan: Accelerating our critical raw materials strategy to adapt to a new reality
