EIB: Europe Can Boost Critical Raw Materials Supply
A new study by the European Investment Bank (EIB) concludes that Europe has significant geological potential to increase its domestic supply of critical raw materials. However, the report stresses the need for faster permitting processes and better-targeted investment to turn this potential into operational projects. The findings aim to guide policy to reduce the EU's reliance on external suppliers for materials essential for the green and digital transitions. The EIB highlights its readiness to help finance such strategic projects.
An EIB report says Europe has the resources to be more self-sufficient, but needs to act faster.