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Home Commodities

EU to stockpile critical minerals due to war risk

by Investor News Today
July 5, 2025
in Commodities
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EU to stockpile critical minerals due to war risk
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Brussels has mentioned it’ll construct up emergency stockpiles of crucial minerals and cable restore kits, as issues develop over the EU’s vulnerability to assault.

“The EU faces an more and more advanced and deteriorating danger panorama marked by rising geopolitical tensions, together with battle, the mounting impacts of local weather change, environmental degradation, and hybrid and cyber threats,’’ the European Fee mentioned in a draft doc setting out a stockpiling technique, seen by the Monetary Occasions.

Member states ought to co-ordinate backup provides of meals, medicines and even nuclear gasoline, the EU govt mentioned. It will additionally speed up work on EU-level stockpiles of things similar to cable restore modules “to make sure immediate restoration from power or optical cable disruptions” and commodities similar to uncommon earths and everlasting magnets, that are essential for power and defence techniques.

A number of situations of potential sabotage to underwater communication cables and gasoline pipelines in recent times have precipitated concern in regards to the vulnerability of crucial infrastructure.

The technique is a part of a wider push by the EU to enhance the safety and resilience of the 27-country bloc. Final month, Basic Carsten Breuer, the German chief of defence, warned that Russia might assault an EU member state throughout the subsequent 4 years.

The upper-risk atmosphere was pushed by ‘‘elevated exercise from hacktivists, cybercriminals and state-sponsored teams”, the doc mentioned.

The EU can also be extra vulnerable than many different areas to the results of local weather change as it’s warming twice as quick as the worldwide common. Wildfires in Crete compelled 5,000 folks to evacuate the island this week.

In a report commissioned by the EU in October, former Finnish president Sauli Niinistö mentioned that safety must be thought of a “public good” and known as for a preparedness mindset.

On stockpiling, he mentioned that Brussels ought to “outline targets to make sure minimal ranges of preparedness in numerous disaster eventualities, together with within the occasion of an armed aggression or the large-scale disruption of worldwide provide chains”.

The EU in March additionally suggested households to stockpile important provides to outlive no less than 72 hours of disaster.

The bloc already maintains a fleet of firefighting planes and helicopters, a medical evacuation aircraft, and objects similar to subject hospitals and important medical provides throughout 22 EU international locations as a part of its emergency response effort for pure disasters.

However the fee mentioned it might set up a “stockpiling community” to enhance co-ordination between EU international locations. There was “restricted widespread understanding of which important items are wanted for disaster preparedness towards the backdrop of a quickly evolving danger panorama”, it mentioned within the doc.

It will additionally begin compiling frequently up to date lists of important provides tailor-made to every area and disaster sort. Member states ought to higher incentivise the non-public sector to assist with stockpiling, similar to via tax credit, it mentioned.

The bloc also needs to work with allies on “shared warehousing” and co-ordinate higher on managing assets and dual-use infrastructure with Nato.

The necessity for funding in crucial stockpiling would even be thought of in proposals for its new multiannual funds, that are attributable to be put ahead later this month.

The draft doc is because of be printed subsequent week and will change forward of its presentation.



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