Critical Raw Materials Club: first meeting before year’s end

The first meeting of the Critical Raw Materials Club founded by the EU will take place before the end of the year. This was announced yesterday by EU Internal Market Commissioner Thierry Breton at the IEA Summit on Critical Minerals in Paris. The club, which will include resource-rich countries and consumer countries, will improve cooperation on raw materials policy, spur investment and support resource-rich countries in their goal to build local processing capacity, Breton said. The initiative is part of the Critical Raw Materials Act, which the commission unveiled in March.