EU picks tungsten, rare earths, gallium for first critical mineral stockpile
The European Union is planning to create its first joint stockpile of critical minerals, including tungsten, rare earths, and gallium, to lessen its dependence on China. This initiative is part of a broader effort by Western nations to secure supply chains for elements essential to defense, technology, and the energy transition. The EU is also in discussions with major ports like Rotterdam to house these strategic reserves. AI
IMPACT Secures supply chains for minerals vital to semiconductor manufacturing and advanced technologies.