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May 11, 2024
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EU moves to cut dependency on China for battery and solar panel materials

Parliament votes to cut mining red tape and diversify its supplies of raw materials such as lithium and silicon

The EU has voted in a plan to secure more of the critical materials needed to make solar panels, electric car batteries and other key elements of its green transition.

The European parliament agreed on Thursday to diversify its supplies of critical raw materials and cut red tape for mining companies. In an attempt to reduce its dependency on China, it plans to ensure that by 2030 it does not rely on a single country for more than 65% of its supply of any strategic raw material.

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