November 24, 2017

Raw materials the spine of EU industry

Some 30 million jobs in the EU depend upon access to raw materials. There is also increasing demand for unprocessed minerals and metals and, in parallel, strong challenges to the supply of certain raw materials, including price volatility and market distortions. Yesterday, the High Level Steering Group of the European Innovation Partnership (EIP) on Raw Materials released a Strategic Implementation Plan (SIP) on how to ensure a sustainable supply of raw materials to the European economy and make Europe a world leader in raw materials exploration, extraction, processing, recycling and substitution by 2020. The SIP outlines detailed actions which the parties involved – EU countries, companies, researchers and NGOs – can use to foster technological and non-technological innovation in our raw materials value chain, as well as in the international arena. These include a wide range of initiatives such as new cost-effective exploration concepts and technologies, better recovery and recycling of demolition waste and finding substitutes for critical raw materials such as the indium used in touch screen technologies.

Source: Balkans.com (read more)

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