The European Commission has opened the call for strategic project applications under the Critical Raw Materials Act.
The first cut-off date for the submission of applications is 22 August 2024 12:00 CET.
Strategic raw materials are crucial for the success of the green and digital transitions as well as the resilience of the defence and aerospace sectors.
The European Critical Raw Materials Act (CRMA) designates strategic projects to increase EU capacity to extract, process and recycle strategic raw materials and diversify EU supplies from third countries.
Strategic projects make a meaningful contribution to the security of the Union’s supply of strategic raw materials. They are or will become technically feasible within a reasonable timeframe, showing expected production volumes, and implemented sustainably with a sufficient estimated confidence level.
The Commission considers strategic projects of public interest due to their importance in ensuring the security of the supply of strategic raw materials and safeguarding the functioning of the internal market.
Source and more information:
- European Commission press release available here
- call for applications available here
Source of image: European Commission