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The European Union is ramping up efforts to secure critical minerals with 47 strategic projects across 13 member states.
EU Commissioner Stéphane Séjourné recently visited a Greek aluminum plant that will soon extract gallium, a key metal used in semiconductors and other high-tech applications.
This $24.2 billion investment initiative aims to reduce Europe’s dependence on China and other countries for essential materials used in electric vehicles, electronics, and defense systems, addressing vulnerabilities exposed by recent global events including the pandemic and trade disputes.
