The European Union is developing a strategy to reduce reliance on Chinese critical raw materials due to recent export restrictions by China. European Commission President Ursula von der Leyen highlighted the risks for Europe, noting that over 90% of rare earth magnets are imported from China. The EU aims to secure alternative sources through partnerships with countries like Ukraine, Australia, and Canada, while also focusing on a circular economy and boosting investment in domestic production. Teljes cikk (Euronews.com)