Home Business news Damning EU report lays bare bloc’s ‘dangerous dependence’ on critical mineral imports

Damning EU report lays bare bloc’s ‘dangerous dependence’ on critical mineral imports

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Auditor calls renewable energy targets ‘unrealistic’ unless ‘EU ups its game’ in mining, refining and recycling of metals such as rare earths

The EU is struggling to free itself from dependence on China and countries in the global south for critical minerals and rare earths needed for everything from smartphones to wind turbines and military jets.

A damning report by the European Court of Auditors (ECA) in Luxembourg found that the bloc’s targets for 2030 were “out of reach” because of lack of progress in domestic production, refining and recycling.

Continue reading…Auditor calls renewable energy targets ‘unrealistic’ unless ‘EU ups its game’ in mining, refining and recycling of metals such as rare earthsThe EU is struggling to free itself from dependence on China and countries in the global south for critical minerals and rare earths needed for everything from smartphones to wind turbines and military jets.A damning report by the European Court of Auditors (ECA) in Luxembourg found that the bloc’s targets for 2030 were “out of reach” because of lack of progress in domestic production, refining and recycling. Continue reading…