• Posted 22-Nov-2021

Raw Materials Scoreboard highlights urgency to strengthen the resilience and sustainability of raw materials supply in the EU

The Commission presented the 3rd Raw Materials Scoreboard at the 2021 Raw Materials Week.

The Scoreboard presents an in-depth analysis of Europe's raw material supply chains, their competitiveness and trade flows. It provides input to the EU's policy efforts at a time when global raw material supply chains continue to be severely disrupted, including as a result of the COVID-19 pandemic and the recent surge in energy prices around the world.

The 3rd Raw Materials Scoreboard focuses on four main raw material groups: materials, metals, wood and industrial minerals. These materials are essential to several key sectors of the European economy, such as automotive, electronics, or manufacturing industries, which depend on their secure supply. Among the findings, the report highlights that Europe lags behind and has high levels of dependency on other regions for certain raw material production, while domestic production of raw materials secures jobs and added value in the EU, and decarbonisation with circular use of raw materials also offer further opportunities.

The Scoreboard is an initiative of the European Innovation Partnership (EIP) on Raw Materials. The results of this Scoreboard provide evidence that will feed into the implementation of the 2020 Critical Raw Materials Action Plan. It will support the work of the European Raw Materials Alliance, which has recently published its recommendations for a resilient and sustainable EU's value chain of rare earths permanent magnets. 

Source: European Commission I Internal Market, Industry, Entrepreneurship and SMEs (https://bit.ly/3DNMXcV)