U.S. Leaves Europe Behind in Critical Minerals Race

The United States is forging ahead with its critical minerals ambitions, investing billions in securing non-Chinese supply, while in Europe, the central EU government “hesitate, over-administrate, talk and lose time.” The EU was already behind the U.S. on critical minerals. Now, it has fallen further behind, which means a lot more work would need to be done to catch up. The quote above comes from the head of a Europe-wide organization representing critical minerals companies. Bernd Schaefer spoke to the Financial Times this month, lamenting…