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.
More offshore wind power in the Baltic Sea region shall make Europe less dependent on Russian energy. But the associated demand for raw materials could increase dependence, especially on China.
U.S. president plans visit to South Korea and Japan. New value chains for rare earths and bilateral partnerships in semiconductors and batteries sought.
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