
EU Parliament votes in favour of Critical Raw Materials Act
The Critical Raw Materials Act was voted on in the European Parliament during the September 11-14, 2023, plenary session in Strasbourg, France. It was approved with a large majority of 515 Members of the European Parliament (MEP) backing it.German MEP Nicola Beer, the driving force behind the law, said in the parliament that the EU was 99 per cent dependent on China for rare earth metals.“We cannot allow that to be the case.”Such dependencies create a high risk of supply disruptions and increase...