Extension to other precious metals unclear so far.
The United States relies heavily on China for supplies of raw materials such as rare earths. This is set to change - through domestic production and diversified supply chains, but also through new legislation.
War in Ukraine raises questions about secure supply options.
European Raw Materials Fund aims to drive diversification of raw materials supply
The EU Parliament has initiated a future ban on the sale of new cars with internal combustion engines. This will increase the demand for raw materials for electric cars such as rare earths and lithium many times over.
EU Commission President emphasizes Europe's determination to expand renewable energies