Horizont ČT24 | The demand for precious metals is rising
The EU is not in the habit of pressuring its partners into agreements. The US has presented Ukraine with a difficult question; if Ukraine had not signed the agreement, the US would have considered cutting defence or financial aid to Ukraine. I am glad that Europe has not resorted to such a thing. Filip Křenek, analyst at EUROPEUM Institute, commented for Horizon ČT24.
16. May 2025
With the Critical Raw Materials Act, the EU has identified more than 50 projects, including lithium mining at Cinovec and manganese mining, which are available in Europe. According to some estimates, the EU could be self-sufficient in some raw materials or, by diversifying its trade relations, the EU could in some way remove its dependence on China.
It is important to add that Europe is also interested in other sources of mineral resources, for example, it has recently modernised a treaty with Chile, negotiated a free trade agreement with Latin American countries and concluded a treaty with Australia. These are all countries that abound in mineral wealth and where raw materials diplomacy can be further developed.
Listen to the whole interview here.
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