The new German Raw Materials Strategy 21 JAN 2020 The new German Raw Materials Strategy Federal Government plans new measures to secure raw materials. Greater independence from imports sought BERLIN (own report) - With its new Raw Materials Strategy, the German government is focusing on supporting modern environmental technologies and securing resources for German industry in the escalating global power struggles. The background to this is that large quantities of raw materials such as cobalt, lithium and rare earths are needed for the expansion of electromobility and for the production of wind turbines and solar plants; fierce competition has broken out for them on the world market. The situation is being exacerbated by global economic wars; last year, for example, observers did not rule out the possibility of a restriction on the supply of rare earths from China to the United States to ward off U.S. aggression. To secure the needs of German industry, the new raw materials strategy not only considers the usual means of economic promotion, but also direct state intervention. Berlin also holds out the prospect of steps to increase independence from imports - improvements in recycling and support for the resumption of raw materials production in the EU.
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