What are the problems with the EU's demand for critical raw minerals?
Industries in the European Union (EU) rely heavily on raw material imports to produce their goods. As a result, according to the study hyperlinked above, the EU and the UK are the second biggest drivers of mining related deforestation, after China.
The EU wants to safeguard access to critical raw materials by diversifying and securing its supply chains. It aims to mitigate the risk of its imports being disrupted, reduce its dependence on China in particular, and enhance the ‘sustainability’ of how these materials are produced.
As part of its Critical Raw Material Act, the EU envisions financing Strategic Projects from companies and negotiating Strategic Partnerships with non-EU resource-rich countries, focusing on extraction, processing or recycling. The sustainability criteria for these projects and partnerships are too weak. This risks exacerbating human rights violations, increasing environmental damage, undermining development and circumventing democratic participation in third countries, as no role is foreseen for civil society to have a say in decisions concerning the extraction and use of these raw materials.