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World · 10 hours ago

EU backs 46 mineral projects with €21bn to avoid China trade crisis

EU backs 46 mineral projects with €21bn to avoid China trade crisis

Photo by antonio filigno on Pexels

The EU is supporting 46 new projects to boost critical raw material supplies by 2030, costing €21bn, to prepare for potential trade tensions. Industry commissioner Stéphane Séjourné said these efforts are to avert a crisis with China in vital sectors. The EU aims to reduce its £1bn-a-day trade surplus with China.

Reported by The Guardian · How we write briefs

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