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Increasing security and reducing dependencies - Coggle Diagram
Increasing security and reducing dependencies
Reducing external vulnerabilities
Report details:
Europe needs an integrated CRM policy, stockpile mechanisms, recycling and circularity, and demand coordination
so that strategic investments are cost-effective.
CRMs and components (processing, refining) are highly concentrated
creating price volatility and political leverage risks
Example: rapid price spikes in lithium have deterred EU mine development.
The EU depends heavily on a few suppliers (mainly China) for processing critical minerals like lithium and cobalt.
Proposes a "foreign economic policy"
with a dedicated EU Platform
boosting domestic mining and creating a Single Market for recycling waste.
Strategic Technologies:
relies on foreign countries for over 80% of digital products and lacks capacity for advanced semiconductor manufacturing.
The strategy involves funding innovation and a fast-track IPCEI for chips.
Strengthening industrial capacity for defence and space
Defence Fragmentation:
The EU defence industry is fragmented, with Member States operating different equipment
limiting scale and interoperability.
Investment Gap:
EU defence spending is one-third of the US level
very low investment in R&D.
Space:
Europe has lost its leadership in commercial launchers and lags in investment compared to the US and China.
Solutions:
Aggregate demand through joint procurement, standardize equipment, and increase common funding for R&D in both defence and space.