Implementation of the European Critical Raw Materials Act (ec.europa.eu)

• 10% domestic extraction target for strategic materials by 2030
• Mitigation of single-source dependency through a 65% import cap
• Fast-tracked permitting for identified strategic industrial projects

"The Critical Raw Materials Act (CRMA) has entered into force, establishing a framework to secure the EU's supply of minerals vital for the green and digital transition. By 2030, the EU aims to extract 10%, process 40%, and recycle 25% of its strategic raw materials consumption. This move is a direct response to systemic dependencies on single suppliers like China."