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Sharp differences emerged between EU-US and Asian policymakers over whether to regulate commodities trading during a policy debate at a European Commission-hosted conference on raw materials, held on Tuesday (14 June) in Brussels.

To combat illegal exploitation of conflict minerals in Africa, the European Commission is expected to table by November a proposal for an EU law asking large companies to reveal their oil and mining activities to shareholders.

The European car industry today seems more worried about the rising price of metals than about China's moves to restrict rare earth exports. EurActiv spoke to Renault and other car industry representatives, who predict that tensions will have been alleviated within three to four years.

Speculation on commodity markets and excessive concentration in the mining industry is hampering companies' access to resources at competitive prices, in turn affecting economic growth and prompting EU policymakers into action.

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Stéphane Arditi Product and waste policy officer, European Environmental Bureau (EEB)

NGO: EU should take global lead on recycling

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