Euromines Position on the New Industrial Strategy for Europe

Euromines is publishing its position on the European Commission Brussels, Communication from the Commission to the European Parliament, the European Council, the Council, the European Economic and Social Committee and the Committee of the Regions A New Industrial Strategy for Europe (10.3.2020 COM(2020) 102 final). One key element of implementing Europe’s Green Deal successfully must be increasing the resilience of value chains and bringing back value chains to Europe.

To this end industrial value chains need

  1. attractive economic, administrative and social conditions,
  2. planning security, reliability and consistency throughout the political framework, and
  3. a clear strategic focus on maintaining value adding industrial production in Europe.

Raw materials are essential to Europe’s survival as one of the world’s leading economies. The mineral raw materials industry has invested heavily in the EU in recent years and has the potential to contribute further to the recovery strategy through development of new projects and extensions to existing ones.

Euromines would like to highlight that Europe has its own mineral resources, world-class deposits and still major potential. By increasing domestic mineral production, Europe becomes less dependent and improves its sustainable supply chain.