EU faces uphill battle to meet critical raw materials targets: auditors report

The EU risks falling short of key supply targets under the Critical Raw Materials Act (CRMA) because it remains heavily reliant on imports and has made limited progress in scaling domestic production, refining and recycling, according to the European Court of Auditors, the top audit institution of the EU. In a new report released Feb. 4, the ECA found that the EU is still highly dependent on aThe EU risks falling short of key supply targets under the Critical Raw Materials Act (CRMA) because it remains heavily reliant on imports and has made limited progress in scaling domestic production, refining and recycling, according to the European Court of Auditors, the top audit institution of the EU. In a new report released Feb. 4, the ECA found that the EU is still highly dependent on aRead More