Commission announces Raw Materials Act for March 2023

The planned EU legislative package to strengthen the supply of strategically important raw materials (Critical Raw Materials Act) will come at the end of March 2023, according to statements by the Commission. On the fringes of COP27 in Sharm el-Sheikh, Peter Handley, Head of Unit for Raw Materials in DG Grow, presented the Commission’s plans and for the first time gave a concrete date. Originally, the package had been announced for the end of 2022; most recently, Internal Market Commissioner Thierry Breton had spoken of the first quarter of 2023.