Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-746-000"
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"en.20110308.31.2-746-000"2
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"Madam President, rare earth elements are vital for the production of monitors and mobile phones, as well for manufacturing high-performance permanent magnets used in wind turbines or electric vehicles, car catalytic converters, PCBs and fibre optics. They are therefore vital to new clean energies as well. Although these elements are traded globally, the market for certain raw materials and rare earth elements is not very transparent and the volumes traded are small.
The European Union is dependent almost entirely on rare earth element imports, with 97% of their global production being concentrated in China. The demand for raw materials will be boosted by the growth of the emerging economies and by the rapid spread of new technologies. The processes for mining, refining and recycling rare earth elements have severe consequences for the environment if they are not managed properly. The European Union should focus its efforts on streamlining the processes for using and recycling rare earth elements and on research targeted at replacing critical raw materials with other less critical materials.
Commissioner, we call for the list of raw materials to be updated regularly."@en1
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