Lithium Valley Main Report 2018
Europe’s economy is perhaps more vulnerable for a variety of reasons and the EU recognises that the reliable and unhindered access to certain raw materials is a growing concern within the EU and across the globe. 49 In 2017, the European Commission created a list of CRMs for the EU that combine raw materials of high importance to the EU economy and of high risk associated with their supply (Table 4 ). Table 4 : Critical Raw Materials Identified by the EU
Deposit Location
Mineral
Mineral
Deposit Location
Antimony
Local WA deposits Local WA deposits Australian deposits Local WA deposits Australian deposits Local WA deposits Local WA deposits Local WA deposits
Beryllium
Local WA deposits Local WA deposits Local WA deposits Local WA deposits Local WA deposits Local WA deposits Local WA deposits Local WA deposits
Borates
Cobalt
Coking Coal
Fluorspar
Gallium Indium
Germanium Magnesium
Natural Graphite Phosphate Rock
Niobium
Silicon Metal
Tungsten
Platinum Group Metals
Light Rare Earths and Heavy Rare Earths
Local WA deposits
Baryte
Local WA deposits
Bismuth Helium
Local WA deposits Local WA deposits
Hafnium
Local WA deposits
Natural Rubber
CSIRO studies supported developing a local industry
Phosphorus
Local WA deposits Local WA deposits
Scandium Vanadium
Local WA deposits Local WA deposits
Tantalum
Source: European Commission ( http://ec.europa.eu/growth/sectors/raw-materials/specific-interest/critical_en )
Supply risk reflects the risk of a disruption in the EU supply of the material. It is based on the concentration of primary supply from raw materials producing countries, considering their governance performance and trade aspects. Modern technology depends upon many of the CRMs such as solar panels, wind turbines, electric vehicles, and energy-efficient lighting. These CRMs are essential for many industries across the entire supply chain.
49 European Commission (2017), COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS on the 2017 list of Critical Raw Materials for the EU, https://eur-lex.europa.eu/legal-content/EN/ TXT/?uri=CELEX:52017DC0490 . (Accessed: 01 May 2018)
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