The Critical Raw Materials Act must tackle supply problems in line with European values
T&E position paper on how the EU Commission’s draft law can be improved.
The EU Critical Raw Materials (CRM) Act is part of the answer to the metals supply challenge in Europe. In a new position paper, T&E argues that the European Commission’s proposal is a good start that strikes a balance between securing supply of critical metals on the one hand and preserving environmental safeguards on the other.
However, for this to work, the Act must tackle the problems in line with European values: this means resilience alongside uncompromised compliance with high social & environmental standards with local communities on board. This balance is key for MEPs and governments to keep in co-decision.
The position paper recommends:
- Strategic Projects across the critical metals value chain, notably in processing, recycling & mining from waste. T&E analysis shows there can be sufficient processing capacity in lithium, cobalt and (with a push) nickel to meet Europe’s 2030 goals.
- Environmental and social safeguards cannot be compromised, and should be strengthened in the area of indigenous peoples’ rights and waste management.
- Certification schemes can only be used where these have multi-stakeholder governance and independent audits; they should not be the sole indicator of compliance.
- The regulation should support companies to scale industrial recycling in Europe, including efforts to keep batteries’ waste (“black mass”) in Europe.
To find out more, download the position paper.
Related Articles
View All
The EU Clean Corporate Vehicles Regulation: the industrial and economic benefits of “Made-in-EU” electric company cars
New independent modelling by Fraunhofer ISI shows that implementation of the Clean Corporate Vehicles Regulation could deliver up to €48bn in value cr...
Rapid transition to electric company cars could generate 344,000 EU jobs by 2030 - study
Setting targets on companies to go electric and limiting financial support only for company cars that are electric and Made-in-EU would see economic g...
Franco-German car deal a ‘historic mistake’ that weakens climate ambition and Europe’s car industry
Deal to loosen the EU’s car CO₂ standards and IAA requirements a ‘historic mistake’ that puts Europe’s position in the global EV and battery race in j...