Bridging the Mineral Gap: A New EU-Africa Industrial Strategy (ecfr.eu)
- Critical mineral processing gap undermines EU industrial targets
- Proposal for capital investment in African processing facilities
- Offtake agreements as a lever for resource sovereignty
"The EU's Industrial Accelerator Act fails to secure the processed mineral supply chains required for domestic manufacturing growth. To resolve this, Europe must pivot towards strategic industrial partnerships with African nations. By providing capital for local processing infrastructure in exchange for long-term offtake commitments, the EU can secure critical resources while fostering sustainable development. This approach reduces dependence on external monopolies and aligns European industrial goals with mutually beneficial economic cooperation."
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