Lifecycle
- Effective
- Last change
Country / jurisdiction: European Union · Year: 2020 · Status: In force · Level: International · Type: Voluntary
The EU’s list of Critical Raw Materials (CRMs) is a list of raw materials, mostly minerals, that are considered strategic to the EU’s’ economy and that have high supply risk.
The European Commission, which maintains the list, stresses that these minerals are at the heart of a broad range of goods and applications used in everyday life and modern technologies. Their importance is growing even faster as a result of the shift to low-carbon energy systems. As such, reliable and unhindered supply is of critical importance to EU countries.
This document lists raw materials that are both crucial to maintaining a healthy economic system, and whose supply may be at risk, because of - but not limited to - geopolitical, geographical, and geological factors.
The list aims at helping governments and industries take better-informed decisions, and improve their own strategies to cope with the risks associated with those minerals. This list is updated every three years (2011, 2014, 2017, 2020) to keep up with the rapid evolutions of the industry. The methodology used to establish the list was published in July 2017.
As of 2020, the established list contains 30 minerals or groups of minerals:
Antimony
Baryte
Beryllium
Bismuth
Borate
Cobalt
Coking Coal
Fluorspar
Gallium
Germanium
Hafnium
Heavy Rare Earth Elements
Light Rare Earth Elements
Indium
Magnesium
Natural Graphite
Natural Rubber
Niobium
Platinum Group Metals
Phosphate Rock
Phosphorus
Scandium
Silicon metal
Tantalum
Tungsten
Vanadium
Bauxite
Lithium
Titanium
Strontium
Note that the bolded items were newly added in 2020.
Official source: https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52020DC0474&from=EN
Source
https://www.iea.org/policies/15274Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.