EU selects 46 strategic raw materials projects across 16 member states
The European Commission on Friday announced 46 new strategic projects across 16 EU member states to bolster supplies of critical raw materials, diversify sourcing and reduce dependence on external suppliers. The selection was announced in Brussels. The projects are tied to the EU's Critical Raw Materials Act targets for 2030, which seek to ensure that EU capacity covers at least 10 percent of annual consumption through extraction, 40 percent through processing and 25 percent through recycling of strategic raw materials. The Commission said the new projects were chosen from 102 applications. The package includes eight extraction projects, 11 processing projects,... [Continue Reading]
Breaking-360LiveNews | 09 Oct 2026 12:00 LONDON
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Indonesia launches 11 industrial projects worth US$10.2 billion
President Prabowo Subianto launched Indonesia's first electric-vehicle battery exports and 11 industrial projects on Thursday in Jakarta, according to the Indonesian news agency ANTARA. The package was presented as a single industrial push with total investment of US$10.2 billion. The projects span nickel-based battery materials, EV battery separators and electrolytes, electrolytic aluminum, electric mining and industrial trucks, and photovoltaic glass for solar-energy applications. The source identifies these as industrial projects rather than separate announcements, and gives no additional operational details beyond the launch. ANTARA said the projects are expected to create more than 10,000 jobs. No further timeline, location breakdown,... [Continue Reading]
Breaking-360LiveNews | 09 Oct 2026 01:00 LONDON
