The EU releases the latest list of rare earths for industrial basic raw materials, and China becomes a major supplier (1)
On September 3 this year, the European Union released the 'Critical Raw Materials (CRM) Newsletter 2020', which updated the list of 30 rare minerals such as antimony trioxide. The material demand and supply risks of key technical sectors in the EU in 2030 and 2050 are predicted. For EU countries, these rare earth raw materials are resources that have great economic value, but are prone to risks in terms of supply.The investment and R&D of these resources can affect the development and future layout of industries in EU countries. In this new list of raw materials, China has become the main country for the EU's rare earth raw material supply. Among them, light rare earth elements account for 99%, heavy rare earth elements account for 98%, magnesium has 93%, tungsten wire is 69%, bismuth is 49%, natural graphite is 47%, and titanium is 45%. Of course, there are other minerals such as antimony trioxide and other minerals. Regarding the list of newly added raw materials this...
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