How are the European Commission’s plans to secure the supply of REEs? 

In 2020, the European Commission launched the European Raw Materials to address challenges in the critical raw materials.

The first value chain it addresses is rare earth magnets and motors. ERMA ran a stakeholder consultation process with more than 180 innovators from industry, academia, policymaking, and investment to better understand what needs to be done to revive a European rare earths industry. It led to four key recommendations and actions that would mobilise investment in an EU rare earths industry, which is of strategic importance for key EU industrial ecosystems and the green transition.

Read the full report: Rare Earth Magnets and Motors: A European Call for Action.