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The Critical Raw Materials Act is Europe’s unmissable opportunity to catch-up in the global race for metals and minerals supply. Europe’s energy and mobility systems will completely transform over the next decade, supercharged by the REPowerEU plan and 2035 internal combustion engine ban. EU demand for base metals, battery materials, rare earths, and more will rise strongly as it builds-up local production of batteries, solar panels, permanent magnets, and other clean tech. But Europe will lose out to China and the US without a decisive plan for securing its own supply
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