Amendments to the Critical Raw Materials Act

This procedure amends the Critical Raw Materials Act as ordinary legislation. The amendments stress secure and sustainable supply for the clean and digital transition and defence, strengthen risk preparedness of large companies and supply-chain diversification, add recycled-content and recovery requirements for permanent magnets covering materials such as neodymium, dysprosium and cobalt, address export controls and the weaponisation of raw materials, a critical raw materials price index, coordination by a single entity modelled on JOGMEC, delegated and implementing acts, and safeguards for defence products and sensitive information.