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Tuesday, 05 July 2011

MEPs want risk radar for raw materials

Lawmakers on 1 July asked the European Commission to establish a permanent task force to assess the EU's need for raw materials used in a wide range of hi-tech, defence and green products. The European Parliament's industry committee adopted last week a draft report on the EU's raw materials strategy, presented by the Commission in February. The report asks the Commission to establish "a risk radar for critical raw materials (CRM)" to analyse future needs and prices, as well as the impact of potential shortages. MEPs called for particular attention be paid to rare earths, renewable energy, high-tech industries, and the defence and automotive sectors.

Source: Euractiv

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