EU picks tungsten, rare earths, gallium for first critical mineral stockpile

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The European Union has identified tungsten, rare earths, and gallium as critical minerals for its inaugural stockpile aimed at reducing dependency on China. This initiative includes discussions with major ports like Rotterdam for storage solutions.

The ⁠European Union has shortlisted ⁠tungsten, rare earths and ⁠gallium for its first joint stockpile of critical minerals aimed at reducing its reliance on China, according to three sources familiar with the matter. The EU is also talking to major ports ‌including Rotterdam in the Netherlands, the region’s biggest, to store the minerals, one of the three and a fourth source said. The move marks one of the bloc’s most concrete steps to insulate its economy from Beijing’s production dominance in...