{"id":138509,"date":"2025-03-26T07:35:36","date_gmt":"2025-03-26T05:35:36","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/chinese-lithium-must-not-become-the-new-russian-gas-says-eu-industry-chief\/"},"modified":"2025-03-26T07:35:36","modified_gmt":"2025-03-26T05:35:36","slug":"chinese-lithium-must-not-become-the-new-russian-gas-says-eu-industry-chief","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/chinese-lithium-must-not-become-the-new-russian-gas-says-eu-industry-chief\/","title":{"rendered":"Chinese lithium must not become \u2018the new Russian gas\u2019, says EU industry chief"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/138509\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>The EU has drawn up a priority list of 47 projects for the mining and processing of critical raw materials, which local authorities will be required to fast-track through the permitting process in as little as 15 months or less. As it rushes to ramp up domestic production amid an intensifying global scramble for essential elements like lithium, cobalt, copper and rare earth metals, the European Commission has drawn up a list of mining and processing projects it wants to see up and running by the end of the decade.<\/p>\n<p>\u201cWe do not want to replace our dependence on fossil fuels with dependence on raw materials,\u201d Vice-president responsible for industrial strategy St\u00e9phane S\u00e9journ\u00e9 told reporters in Brussels today. \u201cChinese lithium will not be tomorrow\u2019s Russian gas.\u201d<\/p>\n<p>The French commissioner was alluding to the Kremlin\u2019s weaponisation of its stranglehold on much of Europe\u2019s natural gas supplies in the run-up to Russia\u2019s invasion of Ukraine, and China position as the pre-eminent supplier of many essential elements, including nearly all of the rare earths imported into the EU. Lithium \u2013 a key ingredient in electric vehicle batteries \u2013 is just one of 34 raw materials the EU has identified as critical for the transition from fossil fuels to clean energy and the new digital economy, half of which Brussels has deemed to be of heightened strategic importance.<\/p>\n<p>The EU list \u2013 which can be explored in an interactive map \u2013 includes industrial projects to mine or process lithium in Portugal, Spain, France, Germany, Czechia and Finland. Altogether, the various projects are spread across 13 member states. Under a Critical Raw Materials Act adopted a year ago, governments are committed to ensuring that 10% of mineral extraction, 40% of processing and 25% of recycling takes place within the EU by the end of the decade.<\/p>\n<p>The Commission said the bloc would fully meet these targets in respect of lithium and cobalt if the relevant projects \u2013 selected on the basis of maturity and viability \u2013 come to fruition, while making \u201csubstantial progress\u201d on graphite, nickel and manganese. The Act calls on EU member states to ensure streamlined permitting for selected projects, within 27 months for mining ventures, and 15 months for processing and recycling facilities.<\/p>\n<p>The Commission\u2019s newly created Critical Raw Materials Board will work with the firms involved to raise the total of \u20ac22.5 billion of capital investment they are estimated to require, for example by facilitating financing through development banks. The European Investment Bank\u2019s board agreed last week to launch a new critical raw materials strategic initiative, which will make available \u20ac2bn in financing for investment this year alone. Of 170 that applied for designation as an EU Strategic Project, 46 were from outside the EU and will be decided upon in the coming weeks after further deliberations that S\u00e9journ\u00e9 acknowledged would involve a political dimension.<\/p>\n<p>The Commission vice-president denied, however, that the actions of the US \u2013 which has signalled an interest in critical raw materials in Greenland, Ukraine and even Canada \u2013 were a driving force behind the EU\u2019s raw materials policy, which has been gathering speed for several years.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/my-europe\/2025\/03\/25\/chinese-lithium-must-not-become-the-new-russian-gas-says-eu-industry-chief\">Read more&gt;&gt;<\/a><br \/>\nSource: <a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/my-europe\/2025\/03\/25\/chinese-lithium-must-not-become-the-new-russian-gas-says-eu-industry-chief\">Euronews<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/csr-news-en\/chinese-lithium-must-not-become-the-new-russian-gas-says-eu-industry-chief\/\">Chinese lithium must not become \u2018the new Russian gas\u2019, says EU industry chief<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[758,555,3791,2083],"class_list":["post-138509","post","type-post","status-publish","format-standard","hentry","category-news","tag-china","tag-csr-news-en","tag-lithium","tag-russian-gas"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/138509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=138509"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/138509\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=138509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=138509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=138509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}