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3 December 2008
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Brussels warns of looming raw-materials crisis[fr][de

Published: Wednesday 6 June 2007    | Updated: Friday 29 June 2007   

According to the Commission, the "unprecedented demand for minerals" in emerging economies such as China and India is placing increasing pressure on the global supply of raw materials such as copper, iron ore and zinc, all of which are crucial for many EU industries.

In light of increasing global competition for scarce resources, the Commission on 5 June intended to give a "comprehensive picture of the current situation of EU industry's access to raw materials". With the exception of the construction industry, most EU industries are facing dwindling global supplies of raw materials, according to a Commission working paper.

Industry Commissioner Günter Verheugen said: "European industries need predictability in the flow of raw materials and stable prices to remain competitive. We are committed to improve the conditions of access to raw materials, be it within Europe or by creating a level playing field in accessing such materials from abroad."

The working paper explains that Japan, the US, Europe and China compete on the world market for ores, which are becoming increasingly costly. Metallic minerals are also in short supply, particularly in Europe. In contrast, Europe is largely self-sufficient with respect to minerals used for construction, such as feldspar and gypsum.

In December 2005, the Commission had proposed a "European strategy for the sustainable use of natural resources", which the Parliament criticised for being "too cautious" (EurActiv 26/04/07). The Commission was also asked by the Competitiveness Council on 21 May to develop a "coherent political approach" to the issue. 

Access to raw materials is also on the agenda of the 6-8 June G8 Summit in Heiligendamm, Germany. G8 leaders are expected to sign a declaration on 'Responsibility for raw materials: transparency and sustainable growth'.

On 11 June, a special advisory group to the Commission, the High Level Group on Competitiveness, Energy and the Environment is to deliver policy recommendations "on a coherent approach to the issues identified" in the working paper.

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