A new era for European industry
Unlock crucial insights on the European Union’s Critical Raw Materials Act (CRMA) and understand how significant an impact it will have on industries across Europe with our detailed article. The aim of the legislation is to ensure a sustainable supply of critical raw materials at a time of increased geopolitical tensions. Find out what strategies your company can adopt to benefit from the new regulations. Read the full article to find out what steps your company should take now.
Article highlights:
- CRMA overview: Delve into the key aspects of the Critical Raw Materials Act, covering its ambitious targets for mining, recycling, and processing within the EU, to ensure raw material security.
- Impact on supply chain security: Examine how the CRMA aims to reduce Europe’s reliance on single-country imports and mitigate the risks associated with geopolitical disruptio
- Challenges and strategic responses: Explore the substantial challenges businesses may face, such as the acceleration of licensing processes and the need for increased production capacity within the EU.
- Immediate actions for businesses: Develop an understanding of the role of raw material buyers, for example through more intensive cooperation with European suppliers.
- Preparing for a sustainable future: Reflect on the long-term implications for the European industrial sector, especially sustainability and the revival of local resource extraction and processing.
Download now to ensure your business is prepared to navigate the changes brought about by the Critical Raw Materials Act and leverage the opportunities it presents for securing a competitive edge in the European market.
- Raw material procurement: actively managing volatility
- Forward buying: expert interview with Dominik Horsch (dormakaba)
- Green steel will play a key role: expert interview with Andreas Weigelt (Flender)
- Critical Raw Materials Act: proactively shaping change
- Near- & friendshoring: increasing supply chain resilience
- People @ Inverto: interview with Managing Director Manuel Berlanga
- Improving mental health: interview with Mental Health Coach Afsaneh Mamedi
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Authors
Lars-Peter Häfele
Managing Director
is Managing Director at the Munich office and an expert in raw materials. He advises major global companies in the industrial goods and automotive industries.
Lina Tilley
Principal
is a Principal at Inverto’s London office. She has extensive procurement experience and advises companies from the industrial goods sector on transformation issues and raw materials procurement. She also has a particular interest in promoting diversity within Inverto and continuing to develop the team in our UK office.