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| European Union |
Securing Critical Raw Materials through Circular Economy Policies
The European Union (EU) is taking strategic steps to ensure a stable supply of critical raw materials. These include lithium, cobalt, rare earth elements, and platinum group metals. These minerals are essential to Europe's green transition, powering sectors like renewable energy, batteries, electric vehicles, and semiconductors.
As part of its sustainability strategy, the EU emphasizes resource security through recycling. The EU is shifting toward a circular economy model. This includes setting local production goals for mineral mining, refining, and recycling. In 2023, the EU introduced the Critical Raw Materials Act (CRMA) to increase regional recycling rates to at least 15%.
Recycling Infrastructure, Technology, and Global Partnerships
To achieve these goals, the EU is actively expanding its recycling infrastructure. Public-private investments focus on waste separation, metal recovery, and green refining technologies. Projects prioritize low-carbon processing and high-purity extraction of metals like nickel, rare earths, and PGMs.
In addition to technology development, the EU is strengthening diplomatic partnerships. These agreements with countries in Africa, Latin America, and Asia support secure and ethical supply chains. At the same time, the EU boosts domestic sourcing to reduce reliance on external markets.
Advanced wet and dry refining, hydrometallurgy, and low-emission processes are being developed. These are key to recovering metals from used batteries and industrial waste efficiently and cleanly. The EU is increasing R&D funding to support innovation in this sector.
Moreover, the EU offers tax incentives, grants, and simplified regulations to attract investment in recycling startups and SMEs. Special focus is placed on early-stage technologies that treat battery waste and extract valuable metals.
Workforce Development and Future Prospects for Dong-A Specialty Metals
To support long-term growth, the EU is training a skilled green metallurgy workforce. Programs target skills in refining, materials analysis, and metal recycling technologies. This is reinforced by close industry-academia cooperation.
The EU's push for circularity offers new opportunities for international players. Dong-A Specialty Metals, with its expertise in high-purity metal processing, catalytic materials, and battery-grade minerals, is well-positioned to engage with Europe's advanced recycling ecosystem. By contributing to Europe’s resource security and sustainability goals, the company can strengthen its foothold in the EU critical materials market.
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