See other World News Articles
Title: Visualizing Europe's Dependence On Chinese Resources
Source:
[None]
URL Source: https://www.zerohedge.com/geopoliti ... s-dependence-chinese-resources
Published: Jan 25, 2025
Author: Tyler Durden
Post Date: 2025-01-25 18:38:30 by Horse
Keywords: None
Views: 321
Comments: 2
Despite efforts to reduce dependence on China for critical materials, Europe remains heavily reliant on Chinese resources. This graphic, via Visual Capitalist's Bruno Venditti, shows the percentage of EU raw material supply sourced from China for 12 raw materials used in various industries. Bloomberg published this data in May 2024 based on European Commission research. China’s Dominance in Clean Energy Minerals Europe relies 100% on China for heavy rare earth elements used in technologies such as hybrid cars, fiber optics, and nuclear power. Additionally, 97% of the magnesium consumed in Europe, for uses ranging from aerospace alloys to automotive parts, comes from the Asian country. Almost 80% of the lithium in electric vehicles and electronics batteries comes from China. Assessing the Risks The EU faces a pressing concern over access to essential materials. There is apprehension that China could “weaponize” its dominance of these resources. One proposed solution is the EU’s Critical Raw Materials Act, which entered into force in May 2024. The act envisions a quota of 10% of all critical raw materials consumed in the EU to be produced within the EU. Additionally, it calls for a significant increase in recycling efforts, totaling up to 25% of annual consumption in the EU. Lastly, it sets the target of reducing dependency for any critical raw material on a single non-EU country to less than 65% by 2030. Poster Comment: If we went to war with China, we would have no drugs in the US.
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: All (#0)
House Passes Bill To Protect Babies Born Alive After Failed Abortions Democrats blocked the same bill in the Senate. The bill comes as thousands of pro-lifers are expected to flood the capital for the 52nd National March for Life. The Truth of 911 Shall Set You Free From The Lie
And I feel like I need to post a two page spread from 1975 to get everyone pumped up up about 137 horsepower. “I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs
https://www.zerohedge.com/political/house-passes-bill-protect-babies-born-alive-after-failed-abortions
#2. To: Horse (#1)
House Passes Bill To Protect Babies Born Alive After Failed Abortions
Top • Page Up • Full Thread • Page Down • Bottom/Latest