Germany is formulating a new raw material strategy to reduce foreign dependency, secure supply chains, and promote ethical, sustainable resource management.
Germany is formulating a new raw material strategy to reduce foreign dependency, secure supply chains, and promote ethical, sustainable resource management.
Germany sits on untapped rare earth element deposits crucial for key industries but faces political and industrial delays, deepening dependency on volatile Chinese imports.
Chinese companies are increasingly targeting Germany and Europe for investment amid geopolitical tensions and Germany’s significant infrastructure plans, although political hesitation persists in reducing raw material dependency on China.
Germany’s dependence on Chinese raw materials, especially lithium and rare earths, poses rising costs and strategic challenges, prompting calls for stronger domestic supply initiatives and government action.