Global · Critical Minerals Key Facts —Three minerals make the first list. The European Union has shortlisted tungsten, rare earths and gallium for its
Global · Critical Minerals
Key Facts
—Three minerals make the first list. The European Union has shortlisted tungsten, rare earths and gallium for its first joint stockpile of critical minerals, sources told Reuters on May 20.
—More may follow. Magnesium is expected on the priority list, with germanium and graphite likely to make the final mix.
—Rotterdam in the frame. Brussels is in talks with major ports, including Rotterdam, the region’s largest, to physically store the reserves.
The move marks one of the bloc’s most concrete steps to reduce reliance on China for elements vital to defence and tech.
China has restricted exports of critical minerals, which are needed for products like semiconductors and electric vehicle…
Western nations are seeking to diversify their supply chains for resources used to make semiconductors, EVs and advanced weapons.
European Commission President Ursula von der Leyen says mechanism will help unblock bottlenecks in the critical minerals.
From an ‘invisible mine’ to a radical relocation, two mining companies at the heart of Europe's resource security push are taking…
US Geological Survey says the updated draft list and its methodology show how authorities are anticipating disruptions to the…
