The EU’s reliance on external suppliers of critical raw materials and technologies threatens its economic security and strategic autonomy. Over 65% of rare earths for high-tech industries come from a few sources, making supply chains vulnerable to global shocks. To reduce this risk, the EU must diversify supply, invest in local sourcing and processing, and strengthen industrial policy. Promoting innovation, strategic partnerships, and a resilient R&D ecosystem will support technological sovereignty and sustainable growth.

This publication argues that a coordinated approach is key to securing Europe’s economic independence and global influence. The EU should establish a strategic funding framework, streamline permitting processes for critical projects, and reinforce supply chain resilience through enhanced industrial alliances and innovation-driven policies.