EU Unveils Plan To Reduce Dependence On Chinese Rare Earths

European Commission President Ursula von der Leyen announced on Saturday that the European Union is drafting a new strategy to lessen its dependence on China for rare earths and critical raw materials.

She also criticized Beijing for tightening export controls on rare earth elements, warning that Europe must strengthen its own supply chains to ensure economic and strategic security.

The European Union has for years attempted to reduce its dependence on China for the minerals that are needed for the transition to cleaner energy, the defence sector and electric vehicle production.

Von der Leyen said the EU would seek to speed up critical raw materials partnerships with countries such as Australia, Canada, Chile, Greenland, Kazakhstan, Uzbekistan and Ukraine.

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