The European Commission is set to initiate calls for projects aimed at improving the EU's supply of critical minerals, with plans to start joint EU purchases similar to its existing gas scheme, announced a senior commissioner on Wednesday The EU Critical Raw Materials Act, which ensures a stable supply of essential minerals like lithium and copper for the EU's green and digital transitions, comes into effect on May 23 This act is crucial for the production of electric vehicles and wind turbines, reducing the bloc's reliance on China
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Source and Credit: reuters.com
