EU and Norway Forge Strategic Partnership on Raw Materials and Batteries
The bloc will also be attentive to deep-sea mining developments.
The bloc will also be attentive to deep-sea mining developments.
The largest single expenditure in the sector, aimed at bolstering the domestic semiconductor industry.
Loans aim to bolster Western supply chains of critical minerals but are tied to environmental approvals.
The export of gallium and germanium from China declined in the first two months of the year.
The act aims to strengthen the EU raw materials sector. Besides praise, there is also skepticism.
To reach the global target set at COP28 to triple renewable power capacity by 2030, a ramping up of investments and dedicated policy support is needed.