RE: EU Raw Materials Act16 Aug 2022 13:22
Not sure I agree Wolster. Globalisation has taken a knock over the last few years and the world is a much more unstable place now, so I think we’ll start to see more protectionism on the world stage. As was said recently by the president of the ECB “Europe, more than any other major economy, reaped the gains of globalisation in the decades leading up to the pandemic. But now we must sow the seeds for a future in which globalisation becomes a more unpredictable terrain”
The ECB will, IMHO, support its domestic supply chains, particularly with regard to green energy and critical raw materials, which include Lithium, Vanadium & Rare Earth Minerals amongst others.
Agreed Chameleon.