Securing Raw Material Supply for EU Industries
added: 2007-06-05
The European industry is facing increasing challenges in ensuring access to raw materials, which are essential for manufacturing. As a result of rising global demand, prices for many metals have reached record levels and Europe’s capacity to provide raw materials is limited. Many metallic minerals are either geologically not available within the EU or only in relatively small volumes compared with global production, e.g. copper (5%), iron ore (2%), nickel (1.7%), and zinc (8.5%).
