On September 30th, the European Raw Materials Alliance (ERMA) revealed its Action Plan “Rare Earth Magnets and Motors: A European Call for Action”, meant to secure access to rare earth elements for European industry.
2020-09-03 17:34:46
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On September 30th, the European Raw Materials Alliance (ERMA) revealed its Action Plan “Rare Earth Magnets and Motors: A European Call for Action”, meant to secure access to rare earth elements for European industry.
In order to achieve climate neutrality by 2050, it is absolutely necessary to secure the supply of raw materials, which are essentials to facilitate the energy transition. However, the EU depends on other countries – mainly China – for the import of permanent magnets and the rare earth elements they are made of. The ERMA’s Action Plan contains 12 actions that are summerised in 4 key recommendations:
2020-09-03 17:34:46