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EU launches program to secure critical raw materials

3 Dec 2020 15:55 reported by Joy Liu

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It was reported that the EU launched a program, aiming to secure the supply of 30 critical raw materials by increasing domestic production and raising the recycling of key elements, especially rare earth.

The EU’s import sources of raw materials include rare earth (98% from China), borate (98% from Turkey), lithium (78% from Chile), platinum (71% from South Africa), niobium (85% from Brazil), and so forth.

The European Raw Materials Alliance (ERMA), which includes more than 300 companies, business associations, and government departments, firstly aimed to reduce the dependence on imports of critical raw materials from other countries.

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