10.1 C
Belgrade
Supported byspot_img
spot_img

EU study calls for greater research and global collaboration to tackle critical raw material supply challenges

Member of Europium Groupspot_img
Supported byspot_img

The supply of essential mineral raw materials, such as copper and lithium, is crucial for the European economy and social prosperity. These materials are difficult to replace and can only be sourced from a limited number of countries, creating a high risk of supply disruptions. Currently, 34 raw materials are deemed critical within the EU, with 17 of these categorized as “strategic raw materials” due to their anticipated importance in the future.

On July 22, a new study involving the Institute of Technology Assessment (ITA) of the Austrian Academy of Sciences was presented to the European Parliament’s Committee on Science and Technology in Strasbourg. This study follows the EU’s recent enactment of the Critical Raw Materials Act aimed at mitigating potential supply and mining challenges. The study emphasizes how research and innovation can address issues related to the supply of these critical raw materials.

Challenges in extraction, processing and supply

Supported by

Steffen Bettin and Saskia Favreuille from ITA highlight several key challenges. Sustainable extraction practices are essential, requiring reduced energy consumption and more research into the environmental impacts of raw material extraction. Energy efficiency needs to be considered not only during extraction but also during material refining processes. Currently, much of the refining occurs in countries like China due to lower costs, raising concerns about safety, environmental, and social standards. Bettin advocates for reconsidering mining operations within Europe to avoid these issues.

Favreuille points out that research into critical raw materials is lagging. While materials like cobalt and lithium receive considerable attention due to their relevance to e-mobility, many other critical raw materials are insufficiently studied. This gap in research is evident from past EU projects, where several critical materials remain underexplored.

Urgent need for increased research and cooperation

The study’s authors stress the necessity of enhanced international collaboration to ensure sustainability. Bettin and Favreuille argue that research and innovation should be integral to new cooperation agreements, moving beyond mere declarations of intent. They call for increased knowledge and technical advancements to prevent supply issues and to address environmental and social impacts effectively.

Supported byElevatePR Digital

Related News

Northvolt slashes jobs and pauses production amid falling EV demand and financial struggles

Swedish battery manufacturer Northvolt AB is taking drastic measures to stabilize its financial situation, including pausing production at its flagship factory and implementing job...

EU seeks to ease investment rules in Australia to diversify critical mineral supply

The European Union is advocating for easier foreign investment conditions in Australia, aiming to diversify its supply chain for crucial minerals. This appeal comes...

Europe’s lithium strategy: Overcoming challenges and exploring investment potential

The situation with lithium prices and the European market presents a complex landscape with both challenges and opportunities. Here's a breakdown of the key...

Has anyone paid attention to this statement from the Rio Tinto CEO?

When a company or institution faces distrust from clients, employees, or citizens, every public statement matters. A good public relations manager is hired, every...
Supported by
Supported by
Supported by
error: Content is protected !!