The European Union, led by Ursula von der Leyen, is intensifying efforts to reduce reliance on Chinas rare-earth elements amid rising export restrictions from Beijing.
- Ursula von der Leyen announced the European Unions new strategy to decrease dependence on China for critical raw materials essential for clean energy and defense production.
- The European Union has struggled for years to secure alternative sources for rare-earth elements, which are vital for electric vehicle manufacturing and other green technologies.
- In response to Beijings expanded restrictions on rare-earth element exports, Berlin is considering collaborative efforts with other nations to establish a more resilient supply chain.
Why It Matters
This initiative highlights the EUs urgency to secure critical resources amidst geopolitical tensions with China, reflecting broader trends in global supply chain diversification and energy independence.