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EU unveils RESourceEU plan to shore up critical minerals supply, accelerate project development
The European Commission has adopted its RESourceEU Action Plan – a package of policy and financing measures aimed at reducing the bloc’s dependence on external suppliers of critical raw materials and fast-tracking domestic and partner-country projects. The plan builds on the recently enacted Critical Raw Materials Act (CRMA) and seeks to shield European industry from geopolitical shocks while boosting competitiveness across key value chains, including electric vehicles, defence, industrial motors, aerospace, AI chips, and data centres. At the heart of the plan is a push to accelerate project permitting, mobilise ... (full story)