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Research » Technology Metals (Extraction and Recycling)

Title

EURARE: Development of a sustainable exploitation scheme for Europe\’s Rare Earth ore depoits

Type

No information

Sponsorship

EU

Duration

01.01.2013 – 31.12.2017

Partner

Technical University of Athens,Katholieke Universiteit,Sveriges Lantbruksuniversitet,Instituto Geologikon Kai Metalleytikon Ereynon,Sveriges Geologiska Undersokning,Geologian Tutkimuskeskus, Geologica

Description

Raw materials are essential for the functioning of the economy of industrialised regions like the EU. The global demand for non-energy raw materials has experienced an unprecedented growth in the 20th century, with the United States of America and Europe being the dominant users of raw materials. Industrial sectors such as automotive, aerospace, machinery, chemicals and construction are completely depended on access to certain raw materials. The notable increase in raw material consumption during the last years, mainly by the so called BRIC economies, with the acronym standing for Brazil, Russia, India, and China, the geographically uneven distribution of earth’s mineral resources, the intense exploitation of most of the sizeable and high grade deposits in Europe and the restrictions on foreign investments and exports recently posed by China, make the supply of raw materials at reasonable prices one of the greatest challenges for the EU in the 21st century.

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