EU must end over-reliance on China for rare earth elements, says European Commission president

EU must end over-reliance on China for rare earth elements, says European Commission president

Lokmat

The European Union (EU) must end its over-reliance on imports from abroad to drive its technological development, such as China's dominance in providing rare earth elements, said European Commission President Ursula von der Leyen on Tuesday.

The European Union (EU) must end its over-reliance on imports from abroad to drive its technological development, such as China's dominance in providing rare earth elements, said European Commission President Ursula von der Leyen on Tuesday.

"Green and digital technologies currently depend on a number of scarce raw materials. We import lithium for electric cars, platinum to produce clean hydrogen, silicon metal for solar panels, 98 per cent of the rare earth elements we need come from a single supplier - China - and this is not sustainable," Sputnik quoted von der Leyen as saying in a video address to mark the EU Industry Days 2021.

The president said that the creation of a European Raw Materials Alliance late last year was made for this purpose, so as to alleviate the bloc's reliance on extractive practices and to circulate critical material among member states.

There are 17 strategic elements vital for the production of anything ranging from laptops, electric car batteries to missile guiding systems and lasers.

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