Regulation on Critical Raw Materials Sample Contracts
´L-f៥Regulation on Critical Raw Materials • November 30th, 2023
On 13 November, the Council and the European Parliament reached a deal on the proposed regulation establishing a framework to ensure a secure and sustainable supply of critical raw materials (CRMA). The agreement is provisional, pending formal adoption in both institutions. Among others, the provisional agreement keeps the benchmarks of 10% for extraction of raw materials and 40% for processing but increases the benchmark for recycling to at least 25% of EU’s annual consumption of raw materials. In addition, there should be substantial increase on the recovery of raw materials present in waste.