Written by Andrés García Higuera.
Critical and strategic raw materials are essential for the EU economy, its society and policy objectives. At the same time, their supply is at risk today – or in the foreseeable future. Raw material supply has become more salient since the introduction of the EU raw materials initiative, culminating with the recent adoption of the Critical Raw Materials Act. A new STOA study, with its associated options brief, aim at contributing to increasing EU strategic autonomy in critical raw materials through the instrumental role of research and innovation (R&I) in strengthening the EU’s global position.
Critical raw materials (CRM) are necessary for a robust EU economy but are also diverse in their nature and the challenges they pose. Methodologies exist to assess and monitor risks and possible impacts of supply disruption. Despite challenges regarding access to timely, high-quality data, these methodologies address both the status quo (CRM) and future developments (strategic raw materials, SRM) regarding supply and demand for raw materials. The outcome of CRM assessments has changed over time due to changing supply and demand realities. This will also continue to be the case in the assessment of SRM. These assessments and the accompanying background work provide a view of the entire supply chain for CRM. Options can then be developed to minimise supply risks and increase resilience.
The EU has addressed the issue of raw material criticality, including through strong engagement in R&I for CRM. EU policy, from the 2008 raw materials initiative to the recent Critical Raw Materials Act, has stressed the role of R&I. In parallel with this political focus, funding has increased significantly in EU programmes, including past Framework Programmes and the current Horizon Europe, as well as EIT RawMaterials, now reaching the end of its funding period. All this has allowed the EU to become an important patenting actor, especially in mining/processing and recycling, with strong international ties (particularly to the USA). Continued funding and policy support will be key to maintaining and profiting from this position.
The European Parliament’s Panel for the Future of Science and Technology (STOA) recently published ‘The role of research and innovation in ensuring a safe and sustainable supply of critical raw materials in the EU‘. This study aims at illuminating the R&I’s role in ensuring a safe and sustainable supply of CRM. It provides background information on CRMs, related EU policies, sustainability issues, and public controversy, then identifies their connections with their respective needs for R&I. The study reviews the role of R&I and cooperation in securing the EU’s raw material supply, highlighting the significance of R&I along the value chain and analysing patenting activities and international cooperation. It concludes by presenting 11 policy options on EU institutional and R&I capacities, international collaboration and legitimacy, assessing each against a list of dimensions including costs, benefits and feasibility.
Read the full STOA study and the Options Brief to find out more. The study was presented to the STOA Panel at its meeting on 25 April 2024, which was followed by the release of a promotional video. Your opinion counts for us. To let us know what you think, get in touch via stoa@europarl.europa.eu.