economy
EU backs 46 critical raw materials projects amid China tensions
46projects
The European Union announced support for 46 new strategic critical raw materials projects.
The EU announced support for 46 strategic critical-materials projects, including lithium, gallium and rare-earth facilities, as it seeks to reduce dependence on China and avert trade tensions.
1 sourceThe GuardianUpdated
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- 46projects
The European Union announced support for 46 new strategic critical raw materials projects.
āthe EU would support 46 new strategic projectsā
- 21BEUR
The projects have a combined funding cost of ā¬21 billion.
āwith a funding cost of ā¬21bnā
The projects are intended to accelerate critical raw materials supplies by 2030.
āto accelerate supplies of critical raw materials by 2030ā