business

EU Lags Behind US and China in Securing Critical Minerals for Technology

22 Ağustos 2026Financial Times

The European Union is falling behind the United States and China in the race to secure critical minerals essential for defence and green technologies. As both Washington and Beijing ramp up their efforts to dominate this sector, Brussels faces increasing challenges in maintaining its competitive edge.
The implications of this competition could significantly impact the EU's technological advancements and energy transition strategies.
Critical minerals are vital for the production of advanced technologies, including those used in renewable energy and military applications. The competition for these resources is intensifying as nations recognize their strategic importance in achieving both economic and security objectives.
The lagging position of the EU in the critical minerals race highlights a broader issue of strategic dependency on external powers for essential resources. This situation underscores the need for the EU to develop a more robust and independent supply chain strategy to bolster its technological sovereignty.

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