RawMaterials Summit 2021, the global innovation and technology conference in the raw materials sector, goes live on 17 June – this year in a new format and IN FOCUS!
The event gathers prominent speakers from the raw materials value chain, key policymakers, and European Commission representatives. With more than 700 global participants last year, the RawMaterials Summit hosted the launch of ERMA (European Raw Materials Alliance) and addressed critical challenges for the industry.
By 2050 the demand for critical raw materials will multiply.
Mineral resources are the lifeblood of our modern society and the key to a more sustainable future. Today, we are in the middle of disruptive innovation in emerging green energy, e-mobility and clean technology, triggered by pressing societal challenges. The growing need for carbon-neutral technology creates a strong demand for minerals, metals and advanced materials.
The estimated demand for critical raw materials vital for a green and digital transition in Europe will dramatically multiply in the coming years. For electric vehicle batteries and energy storage, the EU would need almost 60 times more lithium and 15 times more cobalt in 2050 than the current supply to the whole EU economy. Moreover, the demand for rare earths used in permanent magnets powering electric vehicles, digital technologies and wind generators could increase tenfold by 2050.
To face the challenge of increasing demand for raw materials combined with high import dependency, Europe has to take responsibility and address strategic issues such as criticality, global supply, resource and energy efficiency, economic development and the transition to a circular economy. Sustainable supply of raw materials is a strategic security question for Europe to deliver the ambitious goals outlined in the EU Green Deal.
How do we approach this challenge? What is the European Commission’s take on the situation? Which innovations will ensure raw materials are a strength for Europe? Join the RawMaterials Summit 2021!
