EU must end over-reliance on China for rare earth elements, says European Commission president


Source: indianeconomicobserver.com indianeconomicobserver.com

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Brussels [Belgium], Feburary 23 : The European Union (EU) must end its over-reliance on imports from abroad to drive its technological development, such as China's dominance in providing rare earth elements, said European Commission President Ursula von der Leyen on Tuesday. "Green and digital technologies currently depend on a number of scarce raw materials. We import lithium for electric cars, platinum to produce clean hydrogen, silicon metal for solar panels, 98 per cent of the rare earth elements we need come from a single supplier - China - and this is not sustainable," Sputnik Quote: d von der Leyen as...