European Investment Bank Critical Raw Materials Strategic Initiative
The European Investment Bank (EIB) announced a new critical raw materials (CRM) strategic initiative to enhance the EIB Group’s role in financing and advisory support for CRM projects across the entire value chain, both within and outside the EU.
The EIB adopted a new critical raw materials (CRM) strategic initiative to enhance the EIB Group’s role in financing and advisory support for CRM projects, contributing to the objectives of the EU’s Critical Raw Materials Act (CRMA). This initiative includes an expected EUR 2 billion in financing for CRM investments this year. Additionally, a new CRM Task Force and a dedicated one-stop shop will be established to manage CRM operations and advisory activities, increasing technical expertise and partnerships.
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