Europe Depends on Chinese Rare Earths

Flavius Niculescu

Despite efforts to reduce its dependence on China for critical raw materials, Europe remains heavily dependent on the Asian country's resources, according to an analysis by visualcapitalist.com. It highlights the proportion of the EU's supply of 12 raw materials used in various industries that come from China. The analysis is based on Bloomberg data, according to research by the European Commission. The cited source shows that Europe relies 100% on China for heavy rare earth elements, which are