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European Parliament approves Critical Raw Materials Act
The European Parliament has approved the Critical Raw Materials Act (CRMA) with 470 votes in favor, 83 against, and 108 abstentions. The legislation aims to strengthen the European Union's strategic autonomy by securing a sustainable and circular supply of essential materials needed for the green and digital transitions.
Key provisions include providing targeted support for strategic projects across the entire value chain, from extraction and processing to refining and recycling. To manage these resources, MEPs proposed the establishment of an autonomous European Critical Raw Materials (CRM) agency. This agency would be responsible for market intelligence, resilience planning, stockpile management, and joint procurement.
To fund these operations, lawmakers requested a dedicated CRM fund of 2 billion euros to be integrated into the 2028-2034 long-term EU budget. Additionally, the Parliament supports a conditional export control clause, allowing the European Commission to limit the export of permanent magnet scrap and waste to ensure recyclable materials remain within the EU. The Commission will also be tasked with identifying large companies in strategic sectors, such as battery manufacturing and aerospace, to impose resilience obligations like supply chain mapping.
Entities
Adolfo Urso · European Commission · European Parliament · European Union · Mohammed Chahim
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 4 SOURCES] The European Parliament approved the Critical Raw Materials Act with 470 votes in favor, 83 against, and 108 abstentions. www.energygame.gr · www.puglialive.net · www.paron.gr · www.stranotizie.it
- [● 3 SOURCES] The legislation includes a clause to allow the Commission to limit exports of permanent magnet scrap and waste. www.energygame.gr · www.puglialive.net · www.stranotizie.it
- [● 4 SOURCES] MEPs proposed the creation of an autonomous European Critical Raw Materials (CRM) agency. www.energygame.gr · www.puglialive.net · www.paron.gr · www.stranotizie.it
- [● 4 SOURCES] Lawmakers requested a 2 billion euro CRM fund within the 2028-2034 EU budget. www.energygame.gr · www.puglialive.net · www.paron.gr · www.stranotizie.it
- [● 3 SOURCES] The CRM agency will handle market intelligence, stockpile management, and joint procurement. www.puglialive.net · www.paron.gr · www.stranotizie.it
- [● 2 SOURCES] The European Commission will be responsible for identifying large companies in strategic sectors to impose resilience obligations. www.energygame.gr · www.stranotizie.it