Europe's Push for Critical Minerals Amid Global Supply Tensions

Reported 6 days ago

A senior EU official visited a strategic site in Greece, emphasizing efforts to boost domestic production of critical minerals like gallium. This initiative aims to reduce reliance on Chinese imports and enhance Europe's self-sufficiency, particularly in light of supply vulnerabilities highlighted by recent global events. The Greek gallium project is one of 47 selected strategic projects, expected to meet significant demand for high-tech materials by 2027, supported by a 22.5 billion euro investment across 13 EU countries.

Source: YAHOO

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