Raw material supply security once again took center stage globally this week, with the EU unveiling an initial list of strategic projects and South Korea pushing for increased recycling. Meanwhile, industry leader China published the second batch of export data—the details in our roundup.
Critical Raw Materials: EU Unveils Strategic Projects
The European Commission has presented an initial list of 47 “Strategic Projects” under the Critical Raw Materials Act (CRMA), aimed at securing the supply of essential raw materials for domestic industries. These projects will benefit from faster approval processes and additional support in accessing financial resources.
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Exports of Germanium Declining
China’s customs authority has released export data for gallium and germanium covering the first two months of the year. The figures highlight divergent trends in the shipment of the two technology metals from the world’s leading producer following the introduction of export controls in 2023. While gallium exports nearly tripled compared to the same period last year, germanium exports dropped by over 27%.
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South Korea Accelerates Critical Mineral Recycling Efforts
South Korea is ramping up critical mineral recycling as part of a broader strategy to stabilize supply chains. The country aims to achieve a 20% recycling rate for 10 strategic minerals essential to the EV, battery, and semiconductor industries. To reach this goal, the government plans to establish more industry clusters, expand infrastructure, and streamline regulations.
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Myanmar Rebels to Resume Rare Earth Shipments to China, Adding Tax on Exports
Exports of rare earth elements from Myanmar to China are set to resume —with a newly imposed export tax, according to a statement by the rebel group controlling the rare earth mining region in the country. Exports of raw materials to the People’s Republic have declined since the rebels captured key mining hubs from the military junta late last year.
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