Raw materials: EU must strengthen value • Table.Briefings

To secure strategically important raw materials, the EU must diversify its supply chains – and is seeking cooperation with reliable partners. In order to meet the requirement of mutual benefits and to make attractive offers compared to the competition, the EU must also support value creation in the partner countries, as recent analyses by the German Institute for International and Security Affairs (SWP) show.

The summit of the EU and the Community of Latin American and Caribbean States (CELAC) in Brussels earlier this week also served as a backdrop for the presentation of a new raw materials partnership: the EU and Chile signed a memorandum of understanding to establish cooperation in the field of sustainable raw materials value chains. With Chile, one of the world’s most important lithium exporters, the EU intends to implement joint raw material projects in the future, strengthening ESG standards, local infrastructure and education and training.

Raw materials: EU must strengthen value creation in partner countries

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