Raw Materials Act (EU)

GPTKB entity

Statements (36)
Predicate Object
gptkbp:instanceOf European Union law
gptkbp:adoptedBy gptkb:Council_of_the_European_Union
gptkb:European_Parliament
gptkb:European_Union
2024-03-18
gptkbp:aimsTo reduce EU dependency on third countries for raw materials
promote sustainable sourcing of raw materials
secure supply of critical raw materials
gptkbp:appliesTo European Union member states
gptkbp:category gptkb:economic_policy
gptkb:environmental_policy
EU law
gptkbp:defines critical raw materials
strategic raw materials
gptkbp:enteredIntoForce 2024-05-23
gptkbp:establishes gptkb:European_Critical_Raw_Materials_Board
https://www.w3.org/2000/01/rdf-schema#label Raw Materials Act (EU)
gptkbp:legalBasis gptkb:Article_114_of_the_Treaty_on_the_Functioning_of_the_European_Union
gptkbp:officialName gptkb:Critical_Raw_Materials_Act
gptkbp:promotion international partnerships for raw materials
public and private investment in raw materials sector
gptkbp:proposedBy gptkb:European_Parliament
gptkbp:publishedIn gptkb:Official_Journal_of_the_European_Union
gptkbp:relatedTo gptkb:European_Green_Deal
energy transition
EU industrial strategy
digital transition
gptkbp:requires monitoring of supply chains
national exploration programs
streamlined permitting procedures
gptkbp:setsTarget 10% of EU annual consumption of strategic raw materials to be extracted in EU
40% of EU annual consumption of strategic raw materials to be processed in EU
15% of EU annual consumption of strategic raw materials to be recycled in EU
gptkbp:yearProposed 2023-03-16
gptkbp:bfsParent gptkb:Critical_Raw_Materials_Initiative_(EU)
gptkbp:bfsLayer 6