Critical raw materials, CRM

Raw material are crucial to EU’s economy and form a strong industrial base, producing a broad range of goods and applications used in modern technologies. Reliable access to certain raw materials is a growing concern within the EU and across the globe. To address this challenge, the European Commission has created a list of “critical raw materials” (CRMs) for the EU. The list is updated on regular basis. The main parameters to determine the criticality of the material are economic importance and supply risk.

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