The negotiating delegations of the European Parliament and the Council reached an agreement on the future Critical Raw Materials Act (CRMA) on Monday. The new EU Regulation is intended to increase capacities and strengthen the supply chain within the European Union for raw materials classified as critical and to reduce the EU's import dependency. To strengthen the EU's strategic autonomy, the negotiating teams also agreed to change the "benchmark" for recycling. The compromise text also includes measures to diversify imports, ensuring that not more than 65 per cent of the Union's consumption of any strategic raw material comes from a single third country. ...
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