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EU backs 46 strategic raw-material projects with €21bn

By Drooid · Oct 10, 2026, 12:39 AM UTC · How we work

Summary

Séjourné Backs Raw-Material Projects

European Commission industry commissioner Stéphane Séjourné announced support for 46 strategic raw-material projects EU-wide.
The €21 bn projects target lithium, gallium and rare-earth plants for defence and renewable use.
Greece’s gallium plant and Finland’s Keliber lithium plant operate with €150 m European Investment Bank backing.
States unlocked €1 bn and the European Investment Bank €660 m for projects.
EU aims to mine 10 %, process 40 % and recycle 25 % of raw-material needs by 2030.

Summary

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EU trade commissioner Maroš Šefcovic said the understanding could cut Chinese hybrid car exports by over half.
EU-China trade deficit reached €360.6 billion in 2025, a 15 % rise from the previous year.
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Séjourné Backs Raw-Material Projects

European Commission industry commissioner Stéphane Séjourné announced support for 46 strategic raw-material projects EU-wide.
The €21 bn projects target lithium, gallium and rare-earth plants for defence and renewable use.
Greece’s gallium plant and Finland’s Keliber lithium plant operate with €150 m European Investment Bank backing.
States unlocked €1 bn and the European Investment Bank €660 m for projects.
EU aims to mine 10 %, process 40 % and recycle 25 % of raw-material needs by 2030.

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