COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS Critical Raw Materials Resilience: Charting a Path towards greater Security and Sustainability
1. The Communication sets out the Commission’s plans to ensure supply chain resilience in light of Covid-19, and environmental and sustainability targets.
2. The Commission views access to resources as a key strategic issue for delivering the Green Deal. The Communication notes that by moving to climate neutrality, new technologies could mean a shift from a reliance on fossil fuels to a much greater reliance on key raw materials.
3. Covid-19 has highlighted reliance on certain supply chains and countries, and how easily these can be disrupted.
4. The Commission aims to achieve resource security by diversifying supply from primary and secondary sources, reducing dependencies, and improving resource efficiency and circularity.
Background on Critical Raw Materials Supply Chains
5. The EU is aiming for carbon neutrality by 2050. This will therefore mean an increase in the use of new technologies such as batteries, electric vehicles and wind generators.
6. The Commission reviews the list of raw materials it deems critical every three years. The first list was published in 2011, updated in 2014, 2017 and again this year (2020). The list is based on recent data and does not contain any forecasting. Therefore, the Commission has also produced a forecasting study.