Challenges in the Critical Commodities Market

Abstract

To ensure resource security, to have access to resources for a sufficiently long period of time, it is necessary to take action to diversify the sources of raw and secondary materials, to reduce dependence on particular sources and to increase resource efficiency and circularity. It is generally valid for all raw materials, including basic raw materials, but especially for critical raw materials. In this paper we analyse what are the critical raw material resources at global and European level, the legislation in this field and the main challenges countries are facing at the moment.

Keywords

• critical minerals
• raw materials
• strategy