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EU critical raw materials plan unveiled to secure supply, protect industry

( December 3, 2025, 13:42 GMT | Official Statement) -- MLex Summary: The EU executive has taken steps to secure the bloc’s supply of critical raw materials, adopting its "RESourceEU" plan to protect domestic industries from price shocks and geopolitical impacts. Under the proposal, the European Commission will establish a European Critical Raw Materials Centre in early 2026, to be responsible for oversight of public and private efforts to diversify supply chains and grow production in Europe. Stemming from the earlier Critical Raw Materials Act, this proposal would see restrictions on exports of scrap and magnetic metals imposed in coming months.Statement follows. ...

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