Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-756-250"

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"en.20110308.31.2-756-250"2
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"Rare earths are a key element of the European economy. Following the European Commission communication on the raw materials initiative, we have to strive to ensure that an ambitious common strategy is defined quickly for this sector. We really must prevent Europe from becoming totally dependent on the current monopoly enjoyed by China, which today produces 97% of these metals and are indispensable for high-tech industries. It is therefore necessary not only to re-evaluate the extraction potential within Europe, but also to recover these precious elements from waste by means of more effective recycling. In this respect, the European Union must urgently invest more resources in technological research, aimed, in particular, at an easier and more economical form of extraction of rare earths from electronic waste. One need only think, for example, that up to 350 grams of gold could be extracted from one tonne of mobile phones, if they are recycled correctly. The road to guaranteeing a sustainable supply of these elements is still long and cannot develop without greater cooperation with resource-rich countries through strategic partnerships and ongoing relations. Finally, I would like to see timely measures adopted to deal with the increase in the prices of these materials, which are of strategic importance for European industry."@en1

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