With the Raw Materials Mechanism, we are sending a clear signal to the industry: we are committed to supporting their efforts to diversify and to ensure security of supply of raw materials. These are critical building blocks for Europe's long-term competitiveness.
The Raw Materials Mechanism addresses one of the key challenges of our industry: the supply of strategic raw materials.
The mechanism aims to support industry to find immediate options to diversify their supply chains and to support the development of new strategic raw materials projects.
From green and digital technologies to aerospace and defence, all European industries will be able to benefit from the Raw Materials Mechanism and connect with new suppliers, financial or investment partners.
Benefits
For European off-takers
- Find suppliers for any of the 17 strategic raw materials under the Critical Raw Materials Act
- Aggregate your demand and cooperate with other European off-takers to leverage the size of the Union's market
- Access global supplies from both European and international players
- Find stockpiling services providers
For European and global suppliers
- Engage with off-takers from all over Europe
- Engage with financial institutions to develop your production projects
- Publish your investment projects and find co-development partners
For financial institutions
- Display your financial products to off-takers and suppliers
- Consult matches of demand and supply (subject to participants' consent)
- Engage with potential clients to support their projects
For strategic raw materials projects
- Find potential off-takers for your projects
- Access higher volume of demand thanks to aggregation
- Connect with financial institutions
- Find co-development partners
Raw Materials Mechanism's activities are organised around rounds
No involvement of the European Commission in commercial negotiations.
Products
all 17 Strategic Raw Materials under the Critical Raw Materials Act (Annex 1):
- Bauxite/alumina/aluminium
- Bismuth
- Boron — metallurgy grade
- Cobalt
- Copper
- Gallium
- Germanium
- Lithium — battery grade
- Magnesium metal
- Manganese — battery grade
- Graphite — battery grade
- Nickel — battery grade
- Platinum group metals
- Rare earth elements for permanent magnets (Nd, Pr, Tb, Dy, Gd, Sm, and Ce) and permanent magnets
- Silicon metal
- Titanium metal
- Tungsten
Geographical scope: European off-takers / European and global suppliers