( October 20, 2026, 10:56 GMT | Official Statement) -- MLex Summary: The European Parliament on Tuesday backed changes to the Critical Raw Materials Act that would create a dedicated EU agency, allow restrictions on exports of permanent magnet scrap and waste, and support price-stabilization mechanisms for raw-material projects. The proposed agency would coordinate supply monitoring, stockpiling and joint purchasing, with lawmakers seeking resources including a €2 billion fund under the EU’s budget for 2028-2034. The report passed by 470 votes to 83, with 108 abstentions, paving the way for parliament to negotiate with member states on the final law.The statement follows....
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