EU prepares for possible China trade war with €21bn minerals push

The European Union has announced support for 46 critical minerals projects worth €21bn as it prepares for possible trade tensions with China. The projects aim to increase European supplies of lithium, gallium and rare earths used in electric vehicles, defence equipment and renewable energy technologies by 2030, according to The Guardian. EU industry commissioner Stéphane Séjourné warned on Friday that the bloc could face serious economic disruption in the coming months. “We could face a crisis in the coming months. We’re pulling out all the stops to move as quickly as possible. The primary objective is the targets set by…